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 ₹ 2,539 Cr.
- Current Price ₹ 125
- High / Low ₹ 240 / 87.2
- Stock P/E 12.6
- Book Value ₹ 43.6
- Dividend Yield 0.00 %
- ROCE 40.9 %
- ROE 36.8 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 51.7%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 54.6 days to 79.8 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
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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 | Mar 2026 | |
|---|---|---|---|---|---|
| 70 | 285 | 411 | 1,095 | 1,533 | |
| 65 | 268 | 357 | 895 | 1,229 | |
| Operating Profit | 5 | 17 | 54 | 200 | 304 |
| OPM % | 7% | 6% | 13% | 18% | 20% |
| 0 | 0 | 1 | 4 | 9 | |
| Interest | 3 | 4 | 6 | 22 | 40 |
| Depreciation | 0 | 0 | 1 | 1 | 4 |
| Profit before tax | 2 | 13 | 48 | 180 | 270 |
| Tax % | 26% | 25% | 25% | 26% | 25% |
| 2 | 10 | 36 | 133 | 201 | |
| EPS in Rs | 15.60 | 77.54 | 277.62 | 7.83 | 9.92 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 75% |
| TTM: | 40% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 171% |
| TTM: | 51% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 52% |
| 3 Years: | 52% |
| Last Year: | 37% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 34 | 41 |
| Reserves | 8 | 19 | 55 | 175 | 844 |
| 24 | 43 | 62 | 218 | 203 | |
| 36 | 80 | 96 | 157 | 212 | |
| Total Liabilities | 70 | 143 | 214 | 584 | 1,299 |
| 6 | 6 | 11 | 14 | 106 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 5 |
| 64 | 137 | 203 | 570 | 1,189 | |
| Total Assets | 70 | 143 | 214 | 584 | 1,299 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 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 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 224 | 144 | 135 | 120 | 140 |
| Inventory Days | 62 | 17 | 23 | 31 | 21 |
| Days Payable | 173 | 110 | 78 | 61 | 49 |
| Cash Conversion Cycle | 113 | 51 | 80 | 91 | 112 |
| Working Capital Days | 42 | 18 | 40 | 44 | 80 |
| ROCE % | 36% | 60% | 74% | 41% |
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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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
2h - GK Energy reports FY26 revenue of ₹1,532.54 crore, PAT up 51.1% to ₹201.27 crore, and 276 MW commissioned.
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Announcement under Regulation 30 (LODR)-Investor Presentation
4h - GK Energy Limited has informed about Investor Presentation
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
5h - CARE report for quarter ended March 31, 2026 shows Rs.400 crore IPO proceeds fully utilized, no deviation.
- Financial Results For The Quarter & Year Ended March 31, 2026 6h
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Announcement under Regulation 30 (LODR)-Change in Management
7h - Board approved FY26 audited standalone and consolidated results; reappointed internal auditor for FY27.
Concalls
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May 2026TranscriptAI SummaryPPT
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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]