Gujarat Industries Power Co Ltd

Gujarat Industries Power Company Limited is engaged in the generation of electricity. The Company's gas-based power plants are Vadodara Stations, including Station-I with a capacity of 145 Mega Watts (MW) and Station-II with a capacity of 165 MW.

  • Market Cap: 840.95 Cr.
  • Current Price: 55.75
  • 52 weeks High / Low 87.00 / 42.50
  • Book Value: 175.55
  • Stock P/E: 2.41
  • Dividend Yield: 5.20 %
  • ROCE: 15.97 %
  • ROE: 12.14 %
  • Sales Growth (3Yrs): 1.34 %
  • Listed on BSE and NSE
  • Company Website
  • Face Value: 10.00
Edit ratios
Pros:
Company has reduced debt.
Stock is trading at 0.32 times its book value
Stock is providing a good dividend yield of 5.20%.
Company has been maintaining a healthy dividend payout of 19.79%
Cons:
The company has delivered a poor growth of 0.44% over past five years.
Company has a low return on equity of 11.15% for last 3 years.

Peer comparison Sector: Power Generation & Distribution // Industry: Power Generation And Supply

Loading peers table ...

Quarterly Results Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019
336 321 321 335 372 329 361 353 364 354 332 350
208 193 204 225 249 204 215 226 216 197 220 235
Operating Profit 129 128 117 110 122 126 147 127 149 156 112 115
OPM % 38% 40% 36% 33% 33% 38% 41% 36% 41% 44% 34% 33%
Other Income 41 1 2 19 28 3 -213 4 105 13 8 9
Interest 26 12 13 9 17 13 12 13 12 13 13 13
Depreciation 36 38 38 42 42 42 42 42 42 46 48 48
Profit before tax 107 80 68 78 92 74 -121 76 199 111 59 63
Tax % 23% 21% 21% 25% 25% 22% 2% 2% 18% 23% 13% 22%
Net Profit 82 63 53 59 69 58 -118 74 163 85 52 49
EPS in Rs 5.45 4.16 3.52 3.91 4.57 3.82 -7.82 4.90 10.77 5.64 3.42 3.24
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
936 1,155 939 1,085 1,300 1,416 1,377 1,215 1,352 1,311 1,354 1,407 1,400
682 944 719 776 868 874 906 793 946 878 871 859 868
Operating Profit 254 210 220 310 432 542 470 422 407 432 483 548 533
OPM % 27% 18% 23% 29% 33% 38% 34% 35% 30% 33% 36% 39% 38%
Other Income 27 16 14 8 -3 74 31 25 36 69 51 -101 134
Interest 52 30 17 72 119 105 88 78 76 73 57 50 51
Depreciation 88 88 88 125 169 158 156 120 118 127 160 168 184
Profit before tax 140 108 128 121 142 354 257 248 250 301 317 228 432
Tax % 27% 21% 17% -35% 16% 38% 28% 49% 25% 24% 23% 23%
Net Profit 102 85 107 163 118 219 186 126 188 229 244 176 349
EPS in Rs 6.34 5.27 6.64 10.37 7.42 14.05 11.86 7.84 12.45 15.16 16.17 11.66 23.07
Dividend Payout % 37% 39% 35% 23% 32% 17% 20% 30% 22% 18% 17% 25%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:2.00%
5 Years:0.44%
3 Years:1.34%
TTM:-1.02%
Compounded Profit Growth
10 Years:13.60%
5 Years:10.44%
3 Years:17.51%
TTM:16.15%
Stock Price CAGR
10 Years:-6.72%
5 Years:-7.75%
3 Years:-19.02%
1 Year:-27.08%
Return on Equity
10 Years:10.47%
5 Years:10.30%
3 Years:11.15%
Last Year:12.14%

Balance Sheet Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Sep 2019
151 151 151 151 151 151 151 151 151 151 151 151 151
Reserves 986 1,032 1,095 1,214 1,288 1,463 1,605 1,685 1,882 2,085 2,308 2,419 2,504
Borrowings 681 840 1,064 1,114 944 855 716 606 475 417 617 573 427
378 468 503 466 552 478 521 559 639 761 710 688 782
Total Liabilities 2,195 2,492 2,813 2,945 2,936 2,947 2,992 3,002 3,148 3,414 3,786 3,831 3,864
879 806 726 2,193 2,284 2,133 1,991 1,890 1,859 2,522 2,680 2,632 2,877
CWIP 833 1,290 1,755 337 164 83 87 41 153 24 6 167 14
Investments 141 62 27 30 45 69 160 207 250 281 328 90 87
343 333 304 385 442 661 754 863 885 587 772 942 886
Total Assets 2,195 2,492 2,813 2,945 2,936 2,947 2,992 3,002 3,148 3,414 3,786 3,831 3,864

Cash Flows Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
183 202 228 302 482 408 398 405 232 433 337 590
-293 -310 -396 -237 -100 55 -86 -124 -178 -459 -389 -239
69 85 167 -65 -333 -237 -272 -230 -228 -161 103 -142
Net Cash Flow -41 -24 -2 -0 49 225 40 50 -174 -187 51 209

Ratios Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 11% 7% 7% 8% 11% 16% 14% 14% 13% 15% 13% 16%
Debtor Days 65 57 53 67 59 44 59 39 72 69 70 56
Inventory Turnover 11.35 13.32 9.72 10.48 11.35 11.49 11.43 9.07 9.06 8.44 8.70 8.87