GP Eco Solutions India Ltd
Incorporated in 2010, GP Eco Solutions India
Ltd is in the business of manufacturing and trading of solar plants/panel and trading of
electronic equipment’s & solar equipment’s[1]
- Market Cap ₹ 381 Cr.
- Current Price ₹ 325
- High / Low ₹ 470 / 212
- Stock P/E 37.2
- Book Value ₹ 49.9
- Dividend Yield 0.00 %
- ROCE 24.9 %
- ROE 25.7 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.3%
- Company's working capital requirements have reduced from 62.5 days to 48.8 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 74.6 to 103 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
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 46 | 83 | 101 | 136 | 240 | |
| 44 | 79 | 98 | 125 | 225 | |
| Operating Profit | 2 | 5 | 4 | 12 | 16 |
| OPM % | 4% | 6% | 4% | 9% | 6% |
| 0 | 0 | 3 | 0 | 1 | |
| Interest | 0 | 1 | 1 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 1 | 4 | 5 | 10 | 14 |
| Tax % | 28% | 26% | 27% | 27% | 25% |
| 1 | 3 | 4 | 7 | 10 | |
| EPS in Rs | 48.50 | 138.50 | 185.00 | 8.33 | 8.75 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 42% |
| TTM: | 76% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 55% |
| TTM: | 46% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 34% |
| Last Year: | 26% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.20 | 0.20 | 0.20 | 8 | 12 |
| Reserves | 2 | 4 | 8 | 13 | 47 |
| 4 | 5 | 13 | 14 | 32 | |
| 9 | 9 | 26 | 22 | 62 | |
| Total Liabilities | 14 | 19 | 47 | 58 | 153 |
| 2 | 2 | 2 | 3 | 20 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 1 | 14 |
| 13 | 17 | 45 | 53 | 118 | |
| Total Assets | 14 | 19 | 47 | 58 | 153 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 4 | -6 | 2 | -6 | 27 | |
| -6 | 4 | -2 | -1 | -43 | |
| 3 | 2 | -0 | 8 | 25 | |
| Net Cash Flow | 0 | -0 | -0 | 0 | 9 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 30 | 43 | 51 | 69 | 103 |
| Inventory Days | 20 | ||||
| Days Payable | 84 | ||||
| Cash Conversion Cycle | 30 | 43 | 51 | 69 | 40 |
| Working Capital Days | -18 | 30 | 59 | 79 | 49 |
| ROCE % | 59% | 42% | 40% | 25% |
Documents
Announcements
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Updates
20 May 2025 - Promoters acquired 5,400 shares each on May 20, 2025, disclosed under SEBI insider trading rules.
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Record Date
19 May 2025 - GP Eco Solutions announces EGM on June 6, 2025, with e-voting May 30-June 5, 2025.
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Analysts/Institutional Investor Meet/Con. Call Updates
19 May 2025 - Scheduled analyst meeting and earnings call on May 22, 2025, to discuss H2 & FY25 results.
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Alteration Of Capital and Fund Raising-XBRL
15 May 2025 - GP Eco Solutions India Limited has informed regarding Issuance of securities
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Copy of Newspaper Publication
15 May 2025 - Notice of Extra-Ordinary General Meeting and remote e-voting published in newspapers on May 15, 2025.
Annual reports
Concalls
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May 2025TranscriptNotesPPT
Business Overview:[1][2]
GPESL is an ISO 9001:2015 certified distributor of solar inverters and solar panels. It is an authorized distributor of Sungrow India Pvt Ltd for Solar Inverters in North India, and an authorized distributors for Saatvik Green Energy Private Limited and LONGi Solar Tech for solar panels in North India. Additionally, it serves as an integrated solar energy solutions provider, delivering comprehensive engineering, procurement, and construction services to its commercial and residential customers. However, contribution of this segment is lesser vs their distribution business of solar inverters and solar panels