Gujarat Industries Power Co Ltd
Gujarat Industries Power Company Ltd is engaged in generation of power from gas, lignite, wind and solar assets. Its principal place of business are located in the state of Gujarat.[1]
It is indirectly promoted by Gujarat State Govt. through 3 state undertakings i.e. Gujarat Urja Vikas Nigam Ltd, Gujarat Alkalies & Chemicals Ltd and Gujarat State Fertilizers & Chemicals Ltd.[2]
- Market Cap ₹ 1,454 Cr.
- Current Price ₹ 96.1
- High / Low ₹ 102 / 70.4
- Stock P/E 7.71
- Book Value ₹ 209
- Dividend Yield 2.58 %
- ROCE 8.06 %
- ROE 6.09 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.46 times its book value
Cons
- The company has delivered a poor sales growth of 0.03% over past five years.
- Company has a low return on equity of 6.10% over last 3 years.
- Dividend payout has been low at 14.9% of profits over last 3 years
* 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: Power Generation & Distribution Industry: Power Generation And Supply
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,300 | 1,416 | 1,377 | 1,215 | 1,352 | 1,311 | 1,354 | 1,407 | 1,379 | 1,335 | 1,172 | 1,356 | |
868 | 874 | 906 | 793 | 946 | 878 | 871 | 859 | 874 | 911 | 767 | 948 | |
Operating Profit | 432 | 542 | 470 | 422 | 407 | 432 | 483 | 548 | 505 | 424 | 406 | 408 |
OPM % | 33% | 38% | 34% | 35% | 30% | 33% | 36% | 39% | 37% | 32% | 35% | 30% |
-3 | 74 | 31 | 25 | 36 | 69 | 51 | -101 | 42 | 30 | 21 | 48 | |
Interest | 119 | 105 | 88 | 78 | 76 | 73 | 57 | 50 | 51 | 31 | 29 | 38 |
Depreciation | 169 | 158 | 156 | 120 | 118 | 127 | 160 | 168 | 191 | 155 | 151 | 165 |
Profit before tax | 142 | 354 | 257 | 248 | 250 | 301 | 317 | 228 | 305 | 268 | 247 | 253 |
Tax % | 16% | 38% | 28% | 49% | 25% | 24% | 23% | 23% | 19% | 33% | 31% | 26% |
Net Profit | 118 | 219 | 186 | 126 | 188 | 229 | 244 | 176 | 248 | 180 | 171 | 189 |
EPS in Rs | 7.83 | 14.47 | 12.29 | 8.35 | 12.45 | 15.16 | 16.17 | 11.66 | 16.40 | 11.89 | 11.33 | 12.48 |
Dividend Payout % | 32% | 17% | 20% | 30% | 22% | 18% | 17% | 25% | 18% | 23% | 22% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 0% |
5 Years: | 0% |
3 Years: | -1% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | 0% |
5 Years: | -5% |
3 Years: | -9% |
TTM: | 10% |
Stock Price CAGR | |
---|---|
10 Years: | 3% |
5 Years: | 1% |
3 Years: | 16% |
1 Year: | 13% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 8% |
3 Years: | 6% |
Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
151 | 151 | 151 | 151 | 151 | 151 | 151 | 151 | 151 | 151 | 151 | 151 | |
Reserves | 1,288 | 1,463 | 1,605 | 1,685 | 1,882 | 2,085 | 2,308 | 2,419 | 2,597 | 2,704 | 2,893 | 3,003 |
944 | 855 | 716 | 606 | 475 | 417 | 617 | 573 | 447 | 480 | 529 | 493 | |
552 | 478 | 521 | 559 | 639 | 761 | 710 | 688 | 734 | 794 | 830 | 839 | |
Total Liabilities | 2,936 | 2,947 | 2,992 | 3,002 | 3,148 | 3,414 | 3,786 | 3,831 | 3,930 | 4,129 | 4,403 | 4,487 |
2,284 | 2,133 | 1,991 | 1,890 | 1,859 | 2,522 | 2,680 | 2,632 | 2,883 | 2,628 | 3,056 | 2,951 | |
CWIP | 164 | 83 | 87 | 41 | 153 | 24 | 6 | 167 | 5 | 292 | 41 | 75 |
Investments | 45 | 69 | 160 | 207 | 250 | 281 | 328 | 90 | 60 | 88 | 148 | 106 |
442 | 661 | 754 | 863 | 885 | 587 | 772 | 942 | 982 | 1,121 | 1,158 | 1,355 | |
Total Assets | 2,936 | 2,947 | 2,992 | 3,002 | 3,148 | 3,414 | 3,786 | 3,831 | 3,930 | 4,129 | 4,403 | 4,487 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
482 | 408 | 398 | 405 | 232 | 433 | 337 | 590 | 445 | 193 | 362 | 410 | |
-100 | 55 | -86 | -124 | -178 | -459 | -389 | -239 | -113 | -231 | -340 | -128 | |
-333 | -237 | -272 | -230 | -228 | -161 | 103 | -142 | -222 | -47 | -25 | -110 | |
Net Cash Flow | 49 | 225 | 40 | 50 | -174 | -187 | 51 | 209 | 109 | -85 | -2 | 172 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 59 | 44 | 59 | 39 | 72 | 69 | 70 | 56 | 51 | 81 | 101 | 83 |
Inventory Days | 145 | |||||||||||
Days Payable | 50 | |||||||||||
Cash Conversion Cycle | 59 | 44 | 59 | 39 | 72 | 69 | 70 | 56 | 51 | 81 | 101 | 177 |
Working Capital Days | -64 | -25 | -16 | -19 | 19 | -12 | 17 | 7 | 39 | 87 | 116 | 112 |
ROCE % | 11% | 16% | 14% | 14% | 13% | 15% | 13% | 16% | 11% | 9% | 8% | 8% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2 Jun
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Announcement under Regulation 30 (LODR)-Newspaper Publication
31 May - With respect to the subject, we would like to inform you that, the Company has published on Wednesday, the 31st May, 2023, notice in Newspaper …
- Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 30 May
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Read with SEBI Circular No.CIR/CFD/CMD1/27/2019 dated 8th February, 2019, please find enclosed herewith Annual Secretarial Compliance Report dated 29th May, 2023, for the Financial Year …
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INTIMATION FOR APPOINTMENT OF COST AUDITOR FOR THE FY 2023-24.
29 May - Board of the Company have at its Meeting held on 29th May, 2023 approved the appointment of M/s. Dalwadi & Associates, Cost Accountants, Ahmedabad as …
Annual reports
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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 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
from nse
Concalls
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Nov 2022TranscriptPPT
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Jun 2021TranscriptPPT
Power Projects
At present, the company owns and operates various projects with a total generation capacity of ~1,200 MW of power p.a. The breakup is as follows -