Gujarat Poly Electronics Ltd
Incorporated in 1992, Gujarat POLY Electronics Ltd (GPEL) manufactures and trades Multilayer and Single-layer Ceramic Capacitors[1]
- Market Cap ₹ 60.4 Cr.
- Current Price ₹ 70.7
- High / Low ₹ 112 / 53.5
- Stock P/E 2.11
- Book Value ₹ 16.9
- Dividend Yield 0.00 %
- ROCE 12.5 %
- ROE 20.8 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 4.27 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 5.52% over past five years.
- Tax rate seems low
- Earnings include an other income of Rs.31.6 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10 | 11 | 12 | 12 | 14 | 23 | 14 | 14 | 15 | 16 | 17 | 18 | 17 | |
| 10 | 11 | 10 | 12 | 13 | 17 | 12 | 12 | 14 | 15 | 16 | 16 | 16 | |
| Operating Profit | 1 | 0 | 1 | 1 | 1 | 6 | 1 | 1 | 2 | 1 | 1 | 2 | 1 |
| OPM % | 6% | 4% | 9% | 5% | 8% | 27% | 10% | 8% | 11% | 7% | 8% | 11% | 4% |
| 0 | 0 | 0 | -0 | 0 | -0 | 0 | 0 | 0 | 4 | 1 | 1 | 32 | |
| Interest | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | -0 | 0 | -0 | 1 | 5 | 1 | 1 | 2 | 5 | 2 | 3 | 32 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -17% | 15% | ||
| 0 | -0 | 0 | -0 | 1 | 5 | 1 | 1 | 2 | 5 | 2 | 2 | 28 | |
| EPS in Rs | 0.00 | -0.20 | 0.46 | -0.05 | 0.78 | 6.34 | 1.43 | 1.16 | 1.91 | 6.20 | 2.53 | 2.50 | 33.33 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 6% |
| 3 Years: | 5% |
| TTM: | -7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 10% |
| 3 Years: | 10% |
| TTM: | 1161% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 54% |
| 3 Years: | 23% |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 24% |
| Last Year: | 21% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | -16 | -17 | -16 | -16 | -16 | -10 | -9 | -8 | -7 | -1 | 1 | 3 | 6 |
| 14 | 14 | 15 | 4 | 4 | 1 | 0 | 0 | 0 | 10 | 10 | 10 | 10 | |
| 2 | 2 | 2 | 12 | 12 | 11 | 11 | 12 | 11 | 2 | 2 | 1 | 2 | |
| Total Liabilities | 8 | 8 | 9 | 9 | 9 | 10 | 11 | 12 | 13 | 19 | 22 | 23 | 26 |
| 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 10 | 11 | 15 |
| 6 | 6 | 7 | 7 | 7 | 8 | 8 | 10 | 11 | 9 | 10 | 10 | 10 | |
| Total Assets | 8 | 8 | 9 | 9 | 9 | 10 | 11 | 12 | 13 | 19 | 22 | 23 | 26 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 1 | 0 | 1 | 5 | 3 | 1 | 1 | 1 | 2 | -0 | |
| -0 | -0 | 0 | -0 | -0 | -1 | -0 | -0 | -1 | -1 | -1 | -0 | |
| -0 | -0 | -1 | -0 | -1 | -4 | -1 | -0 | -0 | -0 | -0 | -0 | |
| Net Cash Flow | 0 | 0 | 0 | -0 | 0 | -0 | 2 | 0 | -0 | -0 | 2 | -0 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 97 | 98 | 102 | 90 | 102 | 78 | 98 | 118 | 87 | 105 | 89 | 97 |
| Inventory Days | 161 | 151 | 145 | 149 | 117 | 73 | 93 | 103 | 117 | 109 | 98 | 98 |
| Days Payable | 48 | 50 | 74 | 37 | 39 | 3 | 13 | 33 | 2 | 4 | 29 | 0 |
| Cash Conversion Cycle | 209 | 199 | 173 | 201 | 180 | 148 | 178 | 188 | 203 | 209 | 158 | 195 |
| Working Capital Days | -14 | -13 | 1 | -293 | -230 | -60 | -125 | -119 | -85 | -68 | -89 | -51 |
| ROCE % | 9% | 6% | 14% | 36% | 130% | 13% | 10% | 12% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Jan - Newspaper Publication of unaudited financial results for quarter and nine months ended 31st December, 2025
-
Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2025
28 Jan - Redemption of 9,81,500 ₹100 preference shares; record date Feb 4, 2026; payment by Mar 31, 2026.
- Unaudited Financial Results For The Quarter And Nine Months Ended 31St December, 2025 28 Jan
-
Board Meeting Outcome for OUTCOME OF BOARD MEETING
28 Jan - Q3 unaudited results; land sold ₹2,900L, acquired ₹365L; redemption of 9.815 lakh pref shares; record date Feb 4, 2026.
-
Board Meeting Intimation for To Consider And Approve The Un-Audited Financial Results For The Quarter And Nine Months Ended December 31, 2025 And Any Other Business If Any.
21 Jan - Board meeting 28 Jan 2026 to approve Q3/9M results and redeem 9,81,500 preference shares (Rs.98.15 million).
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1][2]
Company manufactures Capacitors and Varistors. It deals in Active and Passive electronic components, specializing in Ceramic Capacitors both low & high voltage Single Layer (Disc) and Multilayer (MLCC) in Radial, Axial and SMD configurations. Company outsources these products through import suppliers and have also started marketing /trading other types of capacitors & Diodes for Diotec Semiconductors as a dealer