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 ₹ 618 Cr.
 - Current Price ₹ 522
 - High / Low ₹ 616 / 230
 - Stock P/E 59.6
 - Book Value ₹ 55.4
 - Dividend Yield 0.00 %
 - ROCE 25.4 %
 - ROE 23.6 %
 - Face Value ₹ 10.0
 
Pros
Cons
- Stock is trading at 9.41 times its book value
 - Though the company is reporting repeated profits, it is not paying out dividend
 - Promoter holding has decreased over last quarter: -0.55%
 - Debtor days have increased from 69.2 to 95.2 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
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 103 | 138 | 246 | |
| 100 | 126 | 230 | |
| Operating Profit | 3 | 12 | 17 | 
| OPM % | 2% | 9% | 7% | 
| 3 | 0 | 1 | |
| Interest | 1 | 2 | 3 | 
| Depreciation | 0 | 0 | 1 | 
| Profit before tax | 4 | 10 | 14 | 
| Tax % | 28% | 26% | 26% | 
| 3 | 7 | 10 | |
| EPS in Rs | 144.00 | 8.69 | 8.85 | 
| Dividend Payout % | 0% | 0% | 0% | 
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | % | 
| TTM: | 78% | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | % | 
| TTM: | 41% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | % | 
| 1 Year: | 61% | 
| Return on Equity | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | % | 
| Last Year: | 24% | 
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Equity Capital | 0.20 | 8 | 12 | 
| Reserves | 7 | 14 | 53 | 
| 13 | 14 | 33 | |
| 28 | 27 | 64 | |
| Total Liabilities | 49 | 64 | 162 | 
| 2 | 5 | 28 | |
| CWIP | 0 | 0 | 0 | 
| Investments | 0 | 1 | 6 | 
| 46 | 57 | 128 | |
| Total Assets | 49 | 64 | 162 | 
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 2 | -6 | 22 | |
| -2 | -1 | -36 | |
| -0 | 8 | 26 | |
| Net Cash Flow | 0 | 0 | 12 | 
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 52 | 61 | 95 | 
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 52 | 61 | 95 | 
| Working Capital Days | 10 | 48 | 10 | 
| ROCE % | 41% | 25% | 
Documents
Announcements
- 
        
          Updates
          
            30 October 2025 - Delayed submission of May 12, 2025 board outcome due to technical glitch; NSE issued cautionary email.
 - 
        
          Bagging/Receiving of orders/contracts
          
            29 October 2025 - Turnkey EPC for 11.70 MWac/15.96 MWdc Bhatinda solar project; Rs37,50,60,000; completion by Apr 30, 2026.
 - 
        
          Shareholders meeting
          
            1 October 2025 - Scrutinizer's report for 15th AGM held Sep 30, 2025, submitted Oct 1, 2025.
 - 
        
          Shareholders meeting
          
            30 September 2025 - AGM: FY25 revenue ₹247 crore, profit ₹10.46 crore; Gigawatt BESS factory 90% complete, commissioning 31-Dec-2025.
 - 
        
          Trading Window
          
            24 September 2025 - Trading window closed from Oct 1, 2025 until 48 hours after half-year results for period ending Sep 30, 2025.
 
Annual reports
Concalls
- 
      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