GP Eco Solutions India Ltd

AI

GP Eco Solutions India Ltd

₹ 373 -2.62%
04 Nov - close price
About

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]

Key Points

Business Overview:[1][2]
GP Eco Solutions India distributes solar modules, inverters and allied equipment, including Sungrow inverters and Saatvik and LONGi solar panels across North India, and provides integrated EPC services to residential, commercial and industrial customers. Through its wholly owned subsidiary, Invergy India Pvt Ltd, the company offers hybrid solar inverters and lithium iron phosphate (LFP) batteries under the Invergy brand, using OEM manufacturing and in-house quality-control and supply-chain processes.

  • Market Cap ₹ 460 Cr.
  • Current Price ₹ 373
  • High / Low ₹ 542 / 264
  • Stock P/E 11.8
  • Book Value ₹ 126
  • Dividend Yield 0.00 %
  • ROCE 37.8 %
  • ROE 39.0 %
  • Face Value ₹ 10.0

Pros

  • Company has delivered good profit growth of 98.0% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 35.9%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -2.45%
  • Promoters have pledged 55.5% of their holding.
  • Company has high debtors of 169 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.

Loading peers table ...

Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2023 Sep 2024 Mar 2025 Sep 2025 Mar 2026 Sep 2026
43 79 161 102 283 185
40 72 152 92 250 157
Operating Profit 3 7 8 10 33 27
OPM % 7% 9% 5% 10% 12% 15%
0 0 0 0 2 1
Interest 1 1 1 2 4 6
Depreciation 0 0 0 1 1 1
Profit before tax 2 6 7 8 31 22
Tax % 26% 26% 26% 25% 25% 27%
2 5 5 6 23 16
EPS in Rs 2.18 4.08 4.54 5.08 19.69 12.74
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
18 46 83 101 136 240 386 468
17 44 79 98 125 224 342 408
Operating Profit 1 2 5 4 12 16 44 60
OPM % 2.9% 3.8% 6% 3.6% 9% 7% 11% 13%
0 0 0 3 0 1 2 3
Interest 0 0 1 1 2 3 6 9
Depreciation 0 0 0 0 0 1 1 1
Profit before tax 0 1 4 5 10 14 39 53
Tax % 29% 28% 26% 27% 27% 25% 25%
0 1 3 4 7 10 29 39
EPS in Rs 3.57 1.35 3.85 5.14 8.33 8.75 24.84 32.43
Dividend Payout % 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 53%
3 Years: 56%
TTM: 78%
Compounded Profit Growth
10 Years: %
5 Years: 98%
3 Years: 100%
TTM: 244%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -27%
Return on Equity
10 Years: %
5 Years: 38%
3 Years: 36%
Last Year: 39%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Sep 2026
Equity Capital 0.02 0.20 0.20 0.20 8 12 12 12
Reserves 1 2 4 8 13 47 81 143
1 4 5 13 14 32 58 121
3 9 9 26 22 62 172 43
Total Liabilities 4 14 19 47 58 153 322 320
0 2 2 2 3 20 43 42
CWIP 0 0 0 0 0 0 0 0
Investments 0 0 0 0 1 14 25 25
4 13 17 45 53 118 255 254
Total Assets 4 14 19 47 58 153 322 320

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0 4 -6 2 -6 27 7
-0 -6 4 -2 -1 -43 -35
-0 3 2 -0 8 25 20
Net Cash Flow 0 0 -0 -0 0 9 -7
Free Cash Flow 0 2 -7 2 -8 9 -16
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 29% 235% -109% 103% -31% 187% 39%

Ratios

Standalone / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 23 30 43 51 69 103 169
Inventory Days
Days Payable
Cash Conversion Cycle 23 30 43 51 69 103 169
Working Capital Days 5 -36 12 15 52 3 22
ROCE % 49% 59% 42% 40% 26% 38%

Insights

In beta
Mar 2025 Mar 2026 Mar 2027 (P) Mar 2028 (P)
BESS Manufacturing Capacity
MWh

Log in to view insights

Please log in to see hidden values.

Login
BESS Order Book / Projects Under Execution
MWh
Revenue Mix - Distribution
% of total revenue
Revenue Mix - EPC (GPS Green Projects)
% of total revenue
Revenue Mix - Manufacturing (Invergy)
% of total revenue
Channel Partners
count
Inverter Production Output
units
Sungrow Distribution Warehouses
count

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

3 Recently
Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026Sep 2026
62.23% 62.23% 61.68% 61.67% 61.87% 59.42%
0.40% 1.41% 0.60% 0.23% 0.00% 0.12%
2.57% 0.82% 0.25% 0.00% 0.05% 1.37%
34.80% 35.54% 37.47% 38.10% 38.08% 39.09%
No. of Shareholders 1,5271,5801,4851,6061,9002,140

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents