Gensol Engineering Ltd

Gensol Engineering Ltd

₹ 1,047 5.00%
24 Mar - close price
About

Gensol Engineering Ltd is engaged in the business of Solar consulting & EPC.[1]

Key Points

Service Offerings
The company's services include Solar advisory, solar EPC, Solar O&M & solar monitoring & analysis.[1] Its also provides dedicated consultancy services for EHV (extra high voltage) transmission lines.[2]

  • Market Cap 1,279 Cr.
  • Current Price 1,047
  • High / Low 1,990 / 277
  • Stock P/E 115
  • Book Value 42.5
  • Dividend Yield 0.00 %
  • ROCE 22.6 %
  • ROE 26.8 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 56.3% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 16.6%
  • Debtor days have improved from 100 to 80.2 days.

Cons

  • Stock is trading at 24.6 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -6.69%
  • Promoters have pledged 30.9% of their holding.

* 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

Sector: Miscellaneous Industry: Miscellaneous

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Dec 2021 Mar 2022
44.67 33.61 126.80
40.51 29.99 111.39
Operating Profit 4.16 3.62 15.41
OPM % 9.31% 10.77% 12.15%
0.23 0.45 1.42
Interest 1.04 0.50 4.72
Depreciation 0.69 0.49 0.82
Profit before tax 2.66 3.08 11.29
Tax % 14.29% 24.35% 22.05%
Net Profit 2.29 2.32 8.80
EPS in Rs 2.10 2.12 8.03
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
62 69 83 81 64 160
60 62 74 77 58 141
Operating Profit 2 7 9 4 6 19
OPM % 3% 10% 11% 5% 10% 12%
0 1 1 3 1 2
Interest 0 0 1 2 2 6
Depreciation 0 0 0 1 1 1
Profit before tax 2 7 9 3 4 14
Tax % 28% 28% 28% 35% 15% 23%
Net Profit 1 5 7 2 3 11
EPS in Rs 8.14 2.03 2.93 10.14
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 21%
3 Years: 25%
TTM: 151%
Compounded Profit Growth
10 Years: %
5 Years: 56%
3 Years: 19%
TTM: 248%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 162%
1 Year: 236%
Return on Equity
10 Years: %
5 Years: 25%
3 Years: 17%
Last Year: 27%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
0 0 6 8 8 11
Reserves 1 7 7 25 28 36
0 1 9 13 11 82
8 19 22 28 23 79
Total Liabilities 10 26 43 74 70 208
0 1 8 8 7 55
CWIP 0 0 0 0 0 0
Investments 0 0 0 0 0 0
10 26 35 66 63 152
Total Assets 10 26 43 74 70 208

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
0 2 3 -15 6 -15
-1 -1 -8 -0 -1 -52
0 0 6 20 -4 67
Net Cash Flow -0 1 1 5 1 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 38 87 97 119 102 80
Inventory Days 0 0 0 135 130 221
Days Payable 175 79 46
Cash Conversion Cycle 38 87 97 79 152 255
Working Capital Days 4 20 38 136 187 229
ROCE % 165% 68% 16% 12% 23%

Shareholding Pattern

Numbers in percentages

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
70.72 70.72 70.72 70.72 70.72 70.72 70.86 71.03 71.17 71.34 71.36 64.67
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.84 1.84
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.47 0.42
29.28 29.28 29.28 29.28 29.28 29.28 29.14 28.97 28.83 28.66 27.32 33.07

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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