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 ₹ 2,779 Cr.
- Current Price ₹ 137
- High / Low ₹ 240 / 87.2
- Stock P/E 12.4
- Book Value ₹ 43.6
- Dividend Yield 0.37 %
- 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
- 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.
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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 | TTM | |
|---|---|---|---|---|---|---|
| 70 | 285 | 411 | 1,095 | 1,533 | 1,742 | |
| 65 | 268 | 357 | 895 | 1,229 | 1,413 | |
| Operating Profit | 5 | 17 | 54 | 200 | 304 | 330 |
| OPM % | 7% | 6% | 13% | 18% | 20% | 19% |
| 0 | 0 | 1 | 4 | 9 | 11 | |
| Interest | 3 | 4 | 6 | 22 | 40 | 36 |
| Depreciation | 0 | 0 | 1 | 1 | 4 | 4 |
| Profit before tax | 2 | 13 | 48 | 180 | 270 | 300 |
| Tax % | 26% | 25% | 25% | 26% | 25% | |
| 2 | 10 | 36 | 133 | 201 | 224 | |
| EPS in Rs | 15.60 | 77.54 | 277.62 | 7.83 | 9.92 | 11.04 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 5% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 75% |
| TTM: | 41% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 171% |
| TTM: | 46% |
| 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 | 53 | |
| 0 | 0 | -10 | -53 | -137 | |
| -0 | 15 | 15 | 152 | 418 | |
| Net Cash Flow | 0 | 0 | 0 | 0 | 334 |
| Free Cash Flow | 1 | -16 | -10 | -103 | -42 |
| CFO/OP | 22% | -70% | 2% | -24% | 38% |
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 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Number of Solar Pump Systems Installed systems |
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| MW Installed (Annual) MW |
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| Workforce (Employees and Workmen) employees |
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| Cumulative MW Installed MW |
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| Cumulative Solar Pump Systems Installed systems |
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| Market Share in PM-KUSUM Maharashtra % |
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| Order Book INR crore |
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| Villages Covered villages |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- The Company has received a Letter of Empanelment for 1,00,000 Grid Connected Rooftop Solar Photovoltaic Project aggregating to 100 MW. The ....
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- GK Energy to hold non-deal roadshow investor meetings on August 26, 2026 in Mumbai.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
- GK Energy Limited has informed about Transcript of the Earnings Conference Call held on August 07, 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- GK Energy Limited has informed regarding the Newspaper publication relating to the dispatch of the Annual Report for FY 2025-26 to Shareholders, 18th Annual General …
- Reg. 34 (1) Annual Report.
Concalls
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Aug 2026Transcript PPT REC
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May 2026Transcript PPT REC
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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]