GUJ IND POW CO. LTD (GIPCL) financials

GUJ IND POW CO. LTD (GIPCL) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1985, Gujarat Industries is a Public Limited company of the Government of Gujarat.The company is engaged in the business of Electrical Power Generation with a present installed generation capacity of 1184.40MW. The Company has a diversified portfolio of Thermal (Gas and Lignite), Wind, and Solar Power Plant Assets in the State of Gujarat.[1]

Market Cap: ₹2,441Cr.
Current Price: ₹157
Stock P/E: 4.85
ROE: 10.9%
ROCE: 5.47%
Book Value: ₹247
Dividend Yield: 2.61%
52W High / Low: ₹212/120

In Jun 2026, GUJ IND POW CO. LTD (GIPCL) reported sales ₹499 Cr and net profit ₹158 Cr.

Annual TTM: sales ₹1,619 Cr, net profit ₹503 Cr.

Shareholding: Promoters 56.57% (Sep 2026), FIIs 2.73% (Sep 2026), DIIs 4.93% (Sep 2026), Government 1.44% (Sep 2026), Public 34.34% (Sep 2026).

GIPCL quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	276	322	338	372	321	370	428	499
Expenses	195	233	219	259	214	248	233	258
Operating Profit	81	89	119	113	108	122	195	242
OPM %	29%	28%	35%	30%	34%	33%	46%	48%
Other Income	17	15	15	19	21	13	42	112
Interest	8	8	7	7	18	36	49	51
Depreciation	43	43	42	46	64	78	90	91
Profit before tax	48	53	86	79	46	21	98	211
Tax %	27%	27%	18%	28%	54%	115%	-234%	25%
Net Profit	35	39	70	57	21	-3	327	158
EPS in Rs	2.30	2.59	4.49	3.70	1.37	-0.21	21.06	10.17
Raw PDF	—	—	—	—	—	—	—	—

GIPCL profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,379	1,335	1,172	1,356	1,349	1,256	1,491	1,619
Expenses	874	911	767	948	967	850	953	952
Operating Profit	505	424	406	408	381	406	538	667
OPM %	37%	32%	35%	30%	28%	32%	36%	41%
Other Income	42	30	21	48	76	69	95	188
Interest	51	31	29	38	37	32	111	155
Depreciation	191	155	151	165	168	170	278	323
Profit before tax	305	268	247	253	253	273	245	377
Tax %	19%	33%	31%	26%	21%	23%	-64%	—
Net Profit	248	180	171	189	199	211	402	503
EPS in Rs	16.40	11.89	11.33	12.48	13.12	13.62	25.93	32.39
Dividend Payout %	18%	23%	22%	30%	30%	30%	16%	—

GIPCL balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	151	151	151	151	151	151	155	155
Reserves	2,419	2,597	2,704	2,893	3,003	3,154	3,369	3,685
Borrowings	573	447	480	529	493	614	2,028	3,594
Other Liabilities	688	734	794	830	839	1,298	2,015	1,992
Total Liabilities	3,831	3,930	4,129	4,403	4,487	5,218	7,567	9,426
Fixed Assets	2,632	2,883	2,628	3,056	2,951	2,981	2,830	6,018
CWIP	167	5	292	41	75	437	3,266	2,066
Investments	90	60	88	148	106	124	106	96
Other Assets	942	982	1,121	1,158	1,355	1,678	1,366	1,245
Total Assets	3,831	3,930	4,129	4,403	4,487	5,218	7,567	9,426

GIPCL cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	590	445	193	362	410	562	610	649
Cash from Investing Activity	-239	-113	-231	-340	-128	-217	-2,149	-2,238
Cash from Financing Activity	-142	-222	-47	-25	-110	-190	1,399	1,381
Net Cash Flow	209	109	-85	-2	172	155	-140	-208
Free Cash Flow	337	330	-47	29	284	100	-1,574	-1,667
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	117%	100%	57%	100%	111%	160%	162%	128%

GIPCL shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	55.43%	56.57%	56.57%	56.57%	56.57%	56.57%	56.57%	56.57%
FIIs	4.78%	4.21%	4.04%	3.69%	2.63%	2.74%	2.88%	2.73%
DIIs	6.04%	5.68%	5.60%	5.16%	4.96%	5.07%	4.99%	4.93%
Government	7.64%	7.45%	7.45%	7.45%	7.45%	7.45%	1.44%	1.44%
Public	26.11%	26.10%	26.35%	27.14%	28.39%	28.17%	34.11%	34.34%
No. of Shareholders	91,133	93,480	92,374	93,707	93,141	91,261	90,955	90,459

GIPCL key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	56	51	81	101	83	76	58	64
Inventory Days	—	—	—	—	—	—	—	—
Days Payable	—	—	—	—	—	—	—	—
Cash Conversion Cycle	56	51	81	101	83	76	58	64
Working Capital Days	-8	38	65	79	86	58	-139	-88
ROCE %	16%	11%	9%	8%	8%	8%	6%	5%

GIPCLUpdated 22 Oct 2026, 22:34

Guj Ind Pow Co. Ltd

GIPCLUpdated 22 Oct 2026, 22:34

Market Cap

₹2,441Cr.

Current Price

₹157

High / Low

₹212/120

Stock P/E

4.85

Book Value₹247

Dividend Yield2.61%

ROCE5.47%

ROE10.9%

Face Value₹10.0

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	342	9	236	18	42	73	21	57	3.79
Sep 2023	280	10	218	26	42	36	21	28	1.87
Dec 2023	354	9	259	16	42	59	21	47	3.08
Mar 2024	373	9	254	17	42	85	22	66	4.38
Jun 2024	320	9	204	21	42	86	21	68	4.48
Sep 2024	276	8	195	17	43	48	27	35	2.3
Dec 2024	322	8	233	15	43	53	27	39	2.59
Mar 2025	338	7	219	15	42	86	18	70	4.49
Jun 2025	372	7	259	19	46	79	28	57	3.7
Sep 2025	321	18	214	21	64	46	54	21	1.37
Dec 2025	370	36	248	13	78	21	115	-3	-0.21
Mar 2026	428	49	233	42	90	98	-234	327	21.06
Jun 2026	499	51	258	112	91	211	25	158	10.17

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	1215	78	793	25	120	248	49	126	8.35
Mar 2016	1352	76	946	36	118	250	25	188	12.45
Mar 2017	1311	73	878	69	127	301	24	229	15.16
Mar 2018	1354	57	871	51	160	317	23	244	16.17
Mar 2019	1407	50	859	-101	168	228	23	176	11.66
Mar 2020	1379	51	874	42	191	305	19	248	16.4
Mar 2021	1335	31	911	30	155	268	33	180	11.89
Mar 2022	1172	29	767	21	151	247	31	171	11.33
Mar 2023	1356	38	948	48	165	253	26	189	12.48
Mar 2024	1349	37	967	76	168	253	21	199	13.12
Mar 2025	1256	32	850	69	170	273	23	211	13.62
Mar 2026	1491	111	953	95	278	245	-64	402	25.93
TTM	1619	155	952	188	323	377	—	503	32.39

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	56.57%
FIIs	2.73%
DIIs	4.93%
Government	1.44%
Public	34.34%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Dec 2023	55.43%	3.86%	5.97%	7.64%	27.11%
Mar 2024	55.43%	4.97%	5.91%	7.64%	26.07%
Jun 2024	55.43%	4.67%	5.86%	7.64%	26.4%
Sep 2024	55.43%	4.49%	6.27%	7.64%	26.16%
Dec 2024	55.43%	4.78%	6.04%	7.64%	26.11%
Mar 2025	56.57%	4.21%	5.68%	7.45%	26.1%
Jun 2025	56.57%	4.04%	5.6%	7.45%	26.35%
Sep 2025	56.57%	3.69%	5.16%	7.45%	27.14%
Dec 2025	56.57%	2.63%	4.96%	7.45%	28.39%
Mar 2026	56.57%	2.74%	5.07%	7.45%	28.17%
Jun 2026	56.57%	2.88%	4.99%	1.44%	34.11%
Sep 2026	56.57%	2.73%	4.93%	1.44%	34.34%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	151	1685	606	559	3002	1890	41	207	863	3002
Mar 2016	151	1882	475	639	3148	1859	153	250	885	3148
Mar 2017	151	2085	417	761	3414	2522	24	281	587	3414
Mar 2018	151	2308	617	710	3786	2680	6	328	772	3786
Mar 2019	151	2419	573	688	3831	2632	167	90	942	3831
Mar 2020	151	2597	447	734	3930	2883	5	60	982	3930
Mar 2021	151	2704	480	794	4129	2628	292	88	1121	4129
Mar 2022	151	2893	529	830	4403	3056	41	148	1158	4403
Mar 2023	151	3003	493	839	4487	2951	75	106	1355	4487
Mar 2024	151	3154	614	1298	5218	2981	437	124	1678	5218
Mar 2025	155	3369	2028	2015	7567	2830	3266	106	1366	7567
Mar 2026	155	3685	3594	1992	9426	6018	2066	96	1245	9426

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	405	-124	-230	50
Mar 2016	232	-178	-228	-174
Mar 2017	433	-459	-161	-187
Mar 2018	337	-389	103	51
Mar 2019	590	-239	-142	209
Mar 2020	445	-113	-222	109
Mar 2021	193	-231	-47	-85
Mar 2022	362	-340	-25	-2
Mar 2023	410	-128	-110	172
Mar 2024	562	-217	-190	155
Mar 2025	610	-2149	1399	-140
Mar 2026	649	-2238	1381	-208

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	39	72	69	70	56	51	81	101	83	76	58	64
Inventory Days	—	—	—	—	—	—	—	—	—	—	—	—
Days Payable	—	—	—	—	—	—	—	—	—	—	—	—
Cash Conversion Cycle	39	72	69	70	56	51	81	101	83	76	58	64
Working Capital Days	-40	8	-23	-12	-8	38	65	79	86	58	-139	-88
ROCE %	14%	13%	15%	13%	16%	11%	9%	8%	8%	8%	6%	5%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of GUJ IND POW CO. LTD (GIPCL)?

The reported market capitalisation for GUJ IND POW CO. LTD (GIPCL) is ₹2,441Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of GIPCL?

The current price shown for GUJ IND POW CO. LTD (GIPCL) on Fincrux is ₹157 with a 52-week high/low of ₹212/120.

What is the P/E ratio of GUJ IND POW CO. LTD (GIPCL)?

The stock P/E for GUJ IND POW CO. LTD (GIPCL) is 4.85 on Fincrux, with ROE at 10.9% and ROCE at 5.47%.

What were GIPCL latest quarterly results?

For Jun 2026, GUJ IND POW CO. LTD (GIPCL) reported sales ₹499 Cr and net profit ₹158 Cr (figures in ₹ crore unless noted).

What are GIPCL annual sales and net profit?

For TTM, GUJ IND POW CO. LTD (GIPCL) shows sales of ₹1,619 Cr and net profit of ₹503 Cr on the Fincrux profit & loss statement.

Who owns GUJ IND POW CO. LTD (GIPCL)?

Latest shareholding for GUJ IND POW CO. LTD (GIPCL) on Fincrux: Promoters 56.57% (Sep 2026), FIIs 2.73% (Sep 2026), DIIs 4.93% (Sep 2026), Government 1.44% (Sep 2026), Public 34.34% (Sep 2026).

Where can I find GUJ IND POW CO. LTD (GIPCL) financials?

GUJ IND POW CO. LTD (GIPCL) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show GIPCL balance sheet and cash flow?

Yes. The GUJ IND POW CO. LTD (GIPCL) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 22 October 2026 at 22:34