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 ₹ 507 Cr.
- Current Price ₹ 428
- High / Low ₹ 616 / 264
- Stock P/E 17.2
- Book Value ₹ 78.6
- Dividend Yield 0.00 %
- ROCE 37.1 %
- ROE 38.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 97.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.8%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoters have pledged 29.1% 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.
Peer comparison
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 18 | 46 | 83 | 101 | 136 | 240 | 386 | |
| 17 | 44 | 79 | 98 | 125 | 224 | 343 | |
| Operating Profit | 1 | 2 | 5 | 4 | 12 | 16 | 43 |
| OPM % | 3% | 4% | 6% | 4% | 9% | 7% | 11% |
| 0 | 0 | 0 | 3 | 0 | 1 | 3 | |
| Interest | 0 | 0 | 1 | 1 | 2 | 3 | 6 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 0 | 1 | 4 | 5 | 10 | 14 | 39 |
| Tax % | 29% | 28% | 26% | 27% | 27% | 25% | 25% |
| 0 | 1 | 3 | 4 | 7 | 10 | 29 | |
| EPS in Rs | 125.00 | 48.50 | 138.50 | 185.00 | 8.33 | 8.75 | 24.84 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 53% |
| 3 Years: | 56% |
| TTM: | 61% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 98% |
| 3 Years: | 100% |
| TTM: | 187% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 14% |
| 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 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.02 | 0.20 | 0.20 | 0.20 | 8 | 12 | 12 |
| Reserves | 1 | 2 | 4 | 8 | 13 | 47 | 81 |
| 1 | 4 | 5 | 13 | 14 | 32 | 58 | |
| 3 | 9 | 9 | 26 | 22 | 62 | 172 | |
| Total Liabilities | 4 | 14 | 19 | 47 | 58 | 153 | 322 |
| 0 | 2 | 2 | 2 | 3 | 20 | 43 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 1 | 14 | 25 |
| 4 | 13 | 17 | 45 | 53 | 118 | 255 | |
| Total Assets | 4 | 14 | 19 | 47 | 58 | 153 | 322 |
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/OP | 29% | 235% | -109% | 103% | -31% | 187% | 40% |
Ratios
Standalone Figures in Rs. Crores / 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 | 38 | ||||||
| Days Payable | 138 | ||||||
| Cash Conversion Cycle | 23 | 30 | 43 | 51 | 69 | 103 | 69 |
| Working Capital Days | 5 | -36 | 12 | 15 | 52 | 3 | 22 |
| ROCE % | 49% | 59% | 42% | 40% | 26% | 37% |
Insights
In beta| Mar 2013 | Mar 2015 | Mar 2019 | Mar 2021 | Mar 2023 | Mar 2024 | Sep 2025 | Mar 2028 (P) | |
|---|---|---|---|---|---|---|---|---|
| BESS Manufacturing Capacity MWh |
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| Cumulative Solar EPC Capacity (Installed & Under-Execution) MW |
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| Solar Products / Equipment Supplied (MW) MW |
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| Number of Warehouses Count |
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| Number of Employees Count |
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| Active Client Base Count |
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| BESS Projects Under Execution MWh |
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| Channel Partners Count |
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Extracted by Screener AI
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
12 June 2026 - H2 FY26 earnings call transcript highlights Dasna Giga factory commissioning, 58 MW orders, and FY27 growth guidance.
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Analysts/Institutional Investor Meet/Con. Call Updates
12 June 2026 - Audio recording of June 10, 2026 investor call on H2 and FY26 financial performance posted.
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Analysts/Institutional Investor Meet/Con. Call Updates
10 June 2026 - June 10, 2026 investor call audio shared for H2 and FY25 financial performance.
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Corrigendum
9 June 2026 - Corrigendum to June 20 EGM notice revises preferential issue details, allottee names, shareholding pattern and issue price of Rs 364.
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Committee Meeting Updates
9 June 2026 - EGM corrigendum approved for June 20, 2026 preferential issue of 5.53 lakh shares and 28.47 lakh warrants.
Annual reports
Concalls
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Jun 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Nov 2025TranscriptAI SummaryPPT
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May 2025Transcript PPT REC
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