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 ₹ 698 Cr.
- Current Price ₹ 590
- High / Low ₹ 613 / 212
- Stock P/E 67.3
- Book Value ₹ 55.4
- Dividend Yield 0.00 %
- ROCE 23.9 %
- ROE 23.6 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 10.6 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 | 231 | |
| Operating Profit | 3 | 12 | 16 |
| OPM % | 2% | 9% | 6% |
| 3 | 0 | 1 | |
| Interest | 1 | 2 | 2 |
| 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: | 87% |
| 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 | 32 | ||
| Days Payable | 84 | ||
| Cash Conversion Cycle | 52 | 61 | 42 |
| Working Capital Days | 10 | 44 | 10 |
| ROCE % | 41% | 24% |
Documents
Announcements
-
Bagging/Receiving of orders/contracts
19 August 2025 - 1.5MW AC turnkey solar contract for The Oberoi Rajgarh; Rs4.01 crore; execution by 20 Oct 2025; includes 1-year O&M.
-
Action(s) initiated or orders passed
18 August 2025 - 14 Aug 2025 GST order: Rs32,14,800 penalty under Section 129(3); appeal planned.
-
Updates
6 August 2025 - Approved acquisition of 8 solar subsidiaries and appointed new independent director; corporate guarantee for subsidiary credit.
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Resignation of Independent director
1 August 2025 - GP ECO SOLUTIONS INDIA LIMITED has informed about Resignation of Independent director.
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Outcome of Board Meeting
1 August 2025 - GP Eco Solutions appoints Dr. Rajeev Ranjan as independent director; acquires 8 solar subsidiaries fully.
Annual reports
Concalls
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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