Gujarat Poly Electronics Ltd
Incorporated in 1992, Gujarat Poly Electronics
Ltd is engaged in the manufacturing and
trading of Ceramic Capacitors.[1]
- Market Cap ₹ 51.3 Cr.
- Current Price ₹ 60.0
- High / Low ₹ 108 / 43.0
- Stock P/E 1.83
- Book Value ₹ 45.9
- Dividend Yield 0.00 %
- ROCE 104 %
- ROE 111 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 92.1% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 73.9%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 4.41% over past five years.
- Tax rate seems low
- Earnings include an other income of Rs.31.8 Cr.
- Working capital days have increased from -7.90 days to 117 days
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11 | 12 | 12 | 14 | 23 | 14 | 14 | 15 | 16 | 17 | 18 | 17 | |
| 11 | 10 | 12 | 13 | 17 | 12 | 12 | 14 | 15 | 16 | 16 | 17 | |
| Operating Profit | 0 | 1 | 1 | 1 | 6 | 1 | 1 | 2 | 1 | 1 | 2 | 0 |
| OPM % | 4% | 9% | 5% | 8% | 27% | 10% | 8% | 11% | 7% | 8% | 11% | 2% |
| 0 | 0 | -0 | 0 | -0 | 0 | 0 | 0 | 4 | 1 | 1 | 32 | |
| Interest | 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 |
| Profit before tax | -0 | 0 | -0 | 1 | 5 | 1 | 1 | 2 | 5 | 2 | 3 | 32 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -17% | 15% | 12% |
| -0 | 0 | -0 | 1 | 5 | 1 | 1 | 2 | 5 | 2 | 2 | 28 | |
| EPS in Rs | -0.20 | 0.46 | -0.05 | 0.78 | 6.34 | 1.43 | 1.16 | 1.91 | 6.20 | 2.53 | 2.50 | 32.77 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 4% |
| 3 Years: | 2% |
| TTM: | -5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 54% |
| 5 Years: | 92% |
| 3 Years: | 184% |
| TTM: | 1209% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 55% |
| 3 Years: | 12% |
| 1 Year: | -40% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 71% |
| 3 Years: | 74% |
| Last Year: | 111% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | -17 | -16 | -16 | -16 | -10 | -9 | -8 | -7 | -1 | 1 | 3 | 31 |
| 14 | 15 | 4 | 4 | 1 | 0 | 0 | 0 | 10 | 10 | 10 | 0 | |
| 2 | 2 | 12 | 12 | 11 | 11 | 12 | 11 | 2 | 2 | 1 | 1 | |
| Total Liabilities | 8 | 9 | 9 | 9 | 10 | 11 | 12 | 13 | 19 | 22 | 23 | 41 |
| 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 5 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 10 | 11 | 29 |
| 6 | 7 | 7 | 7 | 8 | 8 | 10 | 11 | 9 | 10 | 10 | 7 | |
| Total Assets | 8 | 9 | 9 | 9 | 10 | 11 | 12 | 13 | 19 | 22 | 23 | 41 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 1 | 0 | 1 | 5 | 3 | 1 | 1 | 1 | 2 | -0 | -1 | |
| -0 | 0 | -0 | -0 | -1 | -0 | -0 | -1 | -1 | -1 | -0 | 10 | |
| -0 | -1 | -0 | -1 | -4 | -1 | -0 | -0 | -0 | -0 | -0 | -10 | |
| Net Cash Flow | 0 | 0 | -0 | 0 | -0 | 2 | 0 | -0 | -0 | 2 | -0 | -1 |
| Free Cash Flow | 0 | 1 | 0 | 1 | 4 | 3 | 1 | 0 | 6 | 2 | -0 | 26 |
| CFO/OP | 75% | 108% | 24% | 94% | 76% | 215% | 49% | 54% | 72% | 178% | 8% | 850% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 98 | 102 | 90 | 102 | 78 | 98 | 118 | 87 | 105 | 89 | 97 | 78 |
| Inventory Days | 151 | 145 | 149 | 117 | 73 | 93 | 103 | 117 | 109 | 98 | 98 | 84 |
| Days Payable | 50 | 74 | 37 | 39 | 3 | 13 | 33 | 2 | 4 | 29 | 0 | 0 |
| Cash Conversion Cycle | 199 | 173 | 201 | 180 | 148 | 178 | 188 | 203 | 209 | 158 | 195 | 161 |
| Working Capital Days | -13 | 1 | -293 | -230 | -60 | -125 | -119 | -85 | -68 | -89 | -51 | 117 |
| ROCE % | 6% | 14% | 36% | 130% | 13% | 10% | 12% | 104% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables Turnover Ratio Ratio |
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| Number of Permanent Employees Count |
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| Power Consumption Kwh |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 May - Newspaper publication of Audited Financial Results for quarter and year ended 31st March, 2026.
-
Announcement under Regulation 30 (LODR)-Change in Management
12 May - Reappoints Vinay Kumar Puniani as Executive Director from 1 Aug 2026; Chokshi & Chokshi LLP as internal auditor for FY27.
- Corporate Action-Board approves Dividend 12 May
-
AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2026
12 May - FY26 audited standalone results approved; Rs0.50 dividend recommended; Vinay Kumar Puniani reappointed Executive Director from Aug 1, 2026.
-
Board Meeting Outcome for OUTCOME OF BOARD MEETING
12 May - Board approved FY26 audited results, recommended Rs.0.50 dividend, and reappointed Executive Director and internal auditor.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Overview:[1][2]
a) GPEL manufactures and outsources
the full range of products viz. Ceramic
Capacitors both Multilayer and Single
layer, through various sources, as per
its quality standards.