Gujarat Pipavav Port Ltd (GPPL) — shareholding pattern, promoter holding, financials and share price
About Gujarat Pipavav Port Ltd (GPPL)
Gujarat Pipavav Port Ltd operates in the Road Assets–Toll, Annuity, Hybrid-Annuity industry, within the Services sector. It trades on the NSE as GPPL and on the BSE under scrip code 533248. Its ISIN is INE517F01014.
Gujarat Pipavav Port is India's first private sector port located on the south west coast of Gujarat near Bhavnagar. The port is strategically placed to on International Maritime Trade route which connects India with US, Europe, Africa, Middle East on one side and Far east on the other side.
Gujarat Pipavav Port Limited operates an all‑weather multipurpose deep‑water port at Pipavav, Gujarat, providing container, dry bulk, liquid and RoRo handling services with integrated rail connectivity and marine services; APM Terminals is the lead promoter and the port’s container handling capacity is about 1.35 million TEUs while bulk and liquid capacities range between 4–5 million MT and ~2 million MT respectively.
Q3 FY26 showed a strong operational print: RoRo volumes surged c.39% quarter‑on‑quarter with over 62,000 cars—the highest quarterly tally—while dry bulk grew c.25%; nine‑month EBITDA margin expanded to 58% (up 100 bps YoY), reflecting a favourable cargo mix and operational leverage, although containers and liquids were broadly flattish in the quarter.
Listed peers in Road Assets–Toll, Annuity, Hybrid-Annuity: Interise Trust, Maple Infrastructure Trust, Indus Infra Trust, IRB InvIT Fund, Roadstar Infra Investment Trust, Anantam Highways Trust.
Valuation & Returns
10 Jul 2026At ₹154.2 a share on 10 Jul 2026, Gujarat Pipavav Port Ltd (GPPL) was valued at a price-to-earnings ratio of 14.47x and a price-to-book of 3.19x on a book value of ₹48.35 per share as of Mar 2025. Solomo computes return on equity of 22.04% and return on capital employed of 29% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 14.47x
- P/B
- 3.19x
- EPS (TTM)
- ₹10.66
- Book value / share
- ₹48.35
- ROE
- 22.04%
- ROCE
- 29%
- ROA
- 17.55%
- Debt / equity
- 0.03x
- Dividend yield
- 6.23%
- EBITDA margin
- 71.67%
- 52-week range
- ₹113 – ₹113
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Gujarat Pipavav Port Ltd (GPPL) reported revenue of ₹1,158 crore, net profit of ₹515 crore and earnings per share of ₹10.66. That compares with revenue of ₹988 crore and net profit of ₹397 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹317 crore and net profit ₹142 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 741 | 917 | 988 | 988 | 1,158 |
| Net profit (₹ cr) | 197 | 313 | 342 | 397 | 515 |
| EPS (₹) | 4.08 | 6.48 | 7.07 | 8.21 | 10.66 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 4.58% | 6.08% | 10.03% | -0.08% |
| Profit growth | 8.52% | 6.42% | 27.36% | 16.05% |
| Stock price CAGR | -2% | 7% | 7% | -6% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 44.01% of Gujarat Pipavav Port Ltd (GPPL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 22.04% and domestic institutional investors (DII) hold 13.82%. Market capitalisation was ₹7,455 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2010.
Largest disclosed public shareholders in Jun 2026: HDFC TRUSTEE COMPANY LTD. A/C HDFC BALANCED ADVANT 7.3%, GOVERNMENT PENSION FUND GLOBAL 3.52%, ICICI PRUDENTIAL TRANSPORTATION AND LOGISTICS FUND 3.15%, TITANIUM EQUITY LONG-SHORT FUND 2.64%, ISHARES CORE MSCI EMERGING MARKETS ETF 1.11%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 44.01% | - | 22.04% | 13.82% | 55.99% |
| Mar 2026 | 44.01% | - | 22.14% | 14.95% | 55.99% |
| Dec 2025 | 44.01% | - | 21.04% | 14.93% | 55.99% |
| Sep 2025 | 44.01% | - | 19.82% | 15.73% | 55.99% |
| Jun 2025 | 44.01% | - | 19.48% | 16.25% | 55.99% |
| Mar 2025 | 44.01% | - | 19.44% | 17.1% | 55.99% |
| Dec 2024 | 44.01% | - | 20.5% | 16.75% | 55.99% |
| Sep 2024 | 44.01% | - | 19.8% | 16.43% | 55.99% |