Gujarat Industries Power Co Ltd (GIPCL) — shareholding pattern, promoter holding, financials and share price
About Gujarat Industries Power Co Ltd (GIPCL)
Gujarat Industries Power Co Ltd operates in the Power Generation industry, within the Power sector. It trades on the NSE as GIPCL and on the BSE under scrip code 517300. Its ISIN is INE162A01010.
Incorporated in 1985, Gujarat Industries is a Public Limited company of the Government of Gujarat. The company is engaged in the business of Electrical Power Generation with a present installed generation capacity of 1184.40MW. The Company has a diversified portfolio of Thermal (Gas and Lignite), Wind, and Solar Power Plant Assets in the State of Gujarat. [1]
Gujarat Industries Power Company Limited (GIPCL) is engaged in electric power generation using thermal and renewable sources, including gas, lignite, solar, and wind energy, with an installed capacity of 1574.4 MW.
GIPCL is pursuing ambitious growth with plans to expand its renewable capacity, including a 2375 MW Khavda Renewable Energy Park and further solar projects. This marks a significant shift towards solar and wind energy generation.
Listed peers in Power Generation: Insolation Energy Ltd, K.P. Energy Ltd, Ujaas Energy Ltd, Orient Green Power Company Ltd, Waaree Technologies Ltd, Surana Telecom and Power Ltd.
Valuation & Returns
10 Jul 2026At ₹163.5 a share on 10 Jul 2026, Gujarat Industries Power Co Ltd (GIPCL) was valued at a price-to-earnings ratio of 6.31x against an industry P/E of 25.26x and a price-to-book of 0.72x on a book value of ₹227.03 per share as of Mar 2025. Solomo computes return on equity of 11.42% and return on capital employed of 6.4% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 6.31x
- Industry P/E
- 25.26x
- P/B
- 0.72x
- EPS (TTM)
- ₹25.93
- Book value / share
- ₹227.03
- ROE
- 11.42%
- ROCE
- 6.4%
- ROA
- 5.32%
- Debt / equity
- 0.58x
- Dividend yield
- 2.5%
- EBITDA margin
- 42.44%
- 52-week range
- ₹119.95 – ₹219.35
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2019In the year ended Mar 2019, Gujarat Industries Power Co Ltd (GIPCL) reported revenue of ₹1,407 crore, net profit of ₹255 crore and earnings per share of ₹16.84. That compares with revenue of ₹1,354 crore and net profit of ₹166 crore in Mar 2018. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹428 crore and net profit ₹327 crore (standalone).
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,215 | 1,352 | 1,311 | 1,354 | 1,407 |
| Net profit (₹ cr) | 126 | 188 | 229 | 166 | 255 |
| EPS (₹) | 8.35 | 12.45 | 15.16 | 10.98 | 16.84 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -0.81% | -1.84% | 2.33% | 3.95% |
| Profit growth | 1.30% | -3.14% | 7.27% | 4.19% |
| Stock price CAGR | 6% | 12% | 14% | -24% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 56.57% of Gujarat Industries Power Co Ltd (GIPCL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 2.89% and domestic institutional investors (DII) hold 4.99%. Market capitalisation was ₹2,538 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2001.
Largest disclosed public shareholders in Jun 2026: Hdfc Trustee Company Ltd. A/C Hdfc Balanced Advantage Fund 4.08%, Gujarat Power Corporation Limited 3.21%, Gujarat Energy Limited 2.38%, HUF 1.44%, Gujarat State Electricity Corporation Limited 1.42%, First Water Fund 1.41%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 56.57% | - | 2.89% | 4.99% | 43.43% |
| Mar 2026 | 56.57% | - | 2.74% | 5.07% | 43.43% |
| Dec 2025 | 56.57% | - | 2.63% | 4.96% | 43.43% |
| Sep 2025 | 56.57% | - | 3.69% | 5.15% | 43.43% |
| Jun 2025 | 56.57% | - | 4.03% | 5.6% | 43.43% |
| Mar 2025 | 56.57% | - | 4.21% | 5.68% | 43.43% |
| Dec 2024 | 55.43% | - | 4.79% | 6.04% | 44.57% |
| Sep 2024 | 55.43% | - | 4.49% | 6.28% | 44.57% |