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 ₹ 2,091 Cr.
- Current Price ₹ 103
- High / Low ₹ 222 / 87.2
- Stock P/E 9.27
- Book Value ₹ 43.8
- Dividend Yield 0.50 %
- ROCE 41.4 %
- ROE 37.3 %
- Face Value ₹ 2.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 50.7%
Cons
* 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 Nifty IPO BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|
| 411 | 1,095 | 1,715 | 1,896 | |
| 357 | 895 | 1,406 | 1,561 | |
| Operating Profit | 54 | 200 | 309 | 334 |
| OPM % | 13% | 18% | 18% | 18% |
| 1 | 4 | 9 | 11 | |
| Interest | 6 | 22 | 41 | 37 |
| Depreciation | 1 | 1 | 4 | 4 |
| Profit before tax | 48 | 180 | 274 | 304 |
| Tax % | 25% | 26% | 25% | |
| 36 | 133 | 204 | 227 | |
| EPS in Rs | 2.14 | 7.83 | 10.07 | 11.17 |
| Dividend Payout % | 0% | 0% | 5% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 57% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 53% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -52% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 51% |
| Last Year: | 37% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 1 | 34 | 41 |
| Reserves | 55 | 175 | 847 |
| 62 | 218 | 206 | |
| 96 | 157 | 212 | |
| Total Liabilities | 214 | 584 | 1,305 |
| 11 | 14 | 110 | |
| CWIP | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| 203 | 570 | 1,196 | |
| Total Assets | 214 | 584 | 1,305 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| -5 | -99 | 50 | |
| -10 | -53 | -136 | |
| 15 | 152 | 420 | |
| Net Cash Flow | 0 | 0 | 334 |
| Free Cash Flow | -10 | -103 | -49 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 2% | -24% | 37% |
Ratios
Consolidated / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 135 | 120 | 125 |
| Inventory Days | 23 | 31 | 18 |
| Days Payable | 78 | 61 | 42 |
| Cash Conversion Cycle | 80 | 91 | 102 |
| Working Capital Days | 40 | 44 | 72 |
| ROCE % | 74% | 41% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Number of Solar Pump Systems Installed systems ・Standalone data |
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| Market Share in PM-KUSUM Maharashtra % ・Standalone data |
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| MW Installed (Annual) MW ・Standalone data |
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| Order Book INR crore ・Standalone data |
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| Workforce (Employees and Workmen) employees ・Standalone data |
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| Cumulative MW Installed MW ・Standalone data |
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| Cumulative Solar Pump Systems Installed systems ・Standalone data |
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| Villages Covered villages ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Q2 and H1 FY2027 earnings call scheduled for October 29, 2026 at 3:30 P.M. IST.
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Board Meeting Intimation for Consideration Of The Un-Audited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended September, 2026 And Other Business Matters.
- Board meeting on October 29, 2026 to approve Q2 and half-year FY2026-27 results.
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Announcement under Regulation 30 (LODR) - Bagging/receiving of order(s) or contract(s)
- GK Energy won Maharashtra order for 14,000 solar pumps worth Rs 330.29 crore, executable in 60 days.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Regulation 74(5) certificate for quarter ended September 30, 2026; no demat requests received.
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Closure of Trading Window
- Trading window closed from October 1, 2026 until 48 hours after Q2 FY2026 results.
Concalls
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Aug 2026Transcript PPT REC
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May 2026Transcript PPT REC
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Feb 2026PPT
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Nov 2025Transcript PPT
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Oct 2025PPT
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]