GK Energy Ltd
Incorporated in 2008, GK Energy Limited provides EPC services for solar-powered agricultural water pump systems under Component B of PM-KUSUM Scheme.
- Market Cap ₹ 1,842 Cr.
- Current Price ₹ 90.8
- High / Low ₹ 240 / 90.1
- Stock P/E 9.93
- Book Value ₹ 38.4
- Dividend Yield 0.00 %
- ROCE 74.3 %
- ROE 101 %
- Face Value ₹ 2.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 97.0%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 Construction Construction Civil Construction
Part of BSE IPO BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 70 | 285 | 411 | 1,095 | 1,466 | |
| 65 | 268 | 357 | 895 | 1,180 | |
| Operating Profit | 5 | 17 | 54 | 200 | 287 |
| OPM % | 7% | 6% | 13% | 18% | 20% |
| 0 | 0 | 1 | 4 | 8 | |
| Interest | 3 | 4 | 6 | 22 | 36 |
| Depreciation | 0 | 0 | 1 | 1 | 3 |
| Profit before tax | 2 | 13 | 48 | 180 | 255 |
| Tax % | 26% | 25% | 25% | 26% | |
| 2 | 10 | 36 | 133 | 186 | |
| EPS in Rs | 15.60 | 77.54 | 277.62 | 7.83 | 9.90 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 150% |
| TTM: | 166% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 340% |
| TTM: | 269% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 97% |
| Last Year: | 101% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 34 | 41 |
| Reserves | 8 | 19 | 55 | 175 | 739 |
| 24 | 43 | 62 | 218 | 413 | |
| 36 | 80 | 96 | 157 | 230 | |
| Total Liabilities | 70 | 143 | 214 | 584 | 1,423 |
| 6 | 6 | 11 | 14 | 85 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 5 |
| 64 | 137 | 203 | 570 | 1,333 | |
| Total Assets | 70 | 143 | 214 | 584 | 1,423 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 1 | -16 | -5 | -99 | |
| 0 | 0 | -10 | -53 | |
| -0 | 15 | 15 | 152 | |
| Net Cash Flow | 0 | 0 | 0 | 0 |
| Free Cash Flow | 1 | -16 | -10 | -103 |
| CFO/OP | 22% | -70% | 2% | -24% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 224 | 144 | 135 | 120 |
| Inventory Days | 62 | 17 | 23 | 31 |
| Days Payable | 173 | 110 | 78 | 61 |
| Cash Conversion Cycle | 113 | 51 | 80 | 91 |
| Working Capital Days | 42 | 18 | 40 | 44 |
| ROCE % | 36% | 60% | 74% |
Insights
In beta| Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|
| Debtors Turnover Days Days |
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| Number of Solar Powered Pump Systems Installed Number |
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| Market Share in PM-KUSUM Scheme (Maharashtra) % |
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| Market Share in PM-KUSUM Scheme (National) % |
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| Monthly Pump Installation Capacity (Ease of Doing) Number |
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| Number of Warehouses Number |
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| Order Book - Number of Pumps Number |
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| Order Book - Solar Powered Pump Systems INR Crores |
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| Solar Rooftop Capacity Installed KW |
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Documents
Announcements
-
Intimation Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015.
27 Mar - March 27, 2025: designated person disclosed purchase of GK Energy shares (Form C) under Reg 7(2).
- Closure of Trading Window 25 Mar
-
Reconstitution Of Committees
14 Mar - GK Energy reconstituted Stakeholders, CSR, and Executive Committees effective March 14, 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
14 Mar - GK Energy appoints Ramawatar Suresh Laddad as Assistant General Manager–Accounts, effective 01 April 2026.
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Appointment of Company Secretary and Compliance Officer
14 Mar - Appointed Shubham Suresh Jain as Company Secretary & Compliance Officer, effective 16 March 2026.
Concalls
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Feb 2026TranscriptAI SummaryPPT
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Nov 2025Transcript PPT
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Oct 2025TranscriptAI SummaryPPT
Business Overview[1]
GKEL is among the leading EPC players for solar-powered agricultural water pump systems under Component B of the PM-KUSUM scheme. The company is empanelled with MNRE in Maharashtra, Haryana, Rajasthan, Uttar Pradesh, and Madhya Pradesh, which together account for ~82% of the total sanctioned pump volume under PM-KUSUM.
Beyond PM-KUSUM, GKEL also participates in other state government schemes such as Maharashtra’s MTSKPY, Madhya Pradesh’s PMKMSY, and Chhattisgarh’s SSY. To date, the company has installed over 1,00,000 solar pumps across India.[2]