Want to see IN:GIPCL full AI Analyst Report?
Top Page
Gujarat Industries Power Co. Ltd.
(GIPCL)
Select Model
Select Model
Rating:69Neutral
Price Target:
₹225.00
▲(38.42% Upside)
Action:Reiterated
Date:09/06/26
The score is driven primarily by mixed financial performance: improved profitability is offset by higher leverage and materially negative free cash flow in recent years. Technicals are strong with an uptrend across moving averages, though momentum is overbought. Valuation is a clear positive due to the low P/E, with a modest dividend yield providing additional support.
Positive Factors
Strong profitability
Strong EBITDA and improving net margins indicate that GIPCL retains meaningful operating profitability within its regulated utility profile. If maintained, this profitability can support reinvestment, debt servicing, and resilience across the next several quarters.
Negative Factors
Higher leverage
The sharp increase in debt relative to equity reduces financial flexibility and raises refinancing exposure. Higher leverage also makes returns more sensitive to operating underperformance, increasing execution risk while the company funds its generation assets.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong profitability
Strong EBITDA and improving net margins indicate that GIPCL retains meaningful operating profitability within its regulated utility profile. If maintained, this profitability can support reinvestment, debt servicing, and resilience across the next several quarters.
Read all positive factors
Gujarat Industries Power Co. Ltd. (GIPCL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹31.29B
Dividend Yield2.05%
Average Volume (3M)61.15K
Price to Earnings (P/E)6.2
Beta (1Y)1.24
Revenue Growth23.78%
EPS Growth147.63%
CountryIN
Employees600
SectorGeneral
Sector StrengthN/A
IndustryRegulated Electric
Share Statistics
EPS (TTM)32.39
Shares Outstanding155,215,940
10 Day Avg. Volume64,689
30 Day Avg. Volume61,149
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)0.49
Price to Sales (P/S)1.26
P/FCF Ratio-1.08
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)15.3
Revenue Forecast (FY)₹19.52B
Gujarat Industries Power Co. Ltd. Business Overview & Revenue Model
Company Description
Gujarat Industries Power Company Limited (GIPCL) specializes in producing and distributing electricity, primarily serving power utilities across India. The company operates a diversified energy portfolio, generating power from gas, lignite, wind, ...
How the Company Makes Money
GIPCL primarily makes money by generating electricity from its power plants and selling that power to buyers under contracted arrangements and/or through market mechanisms where applicable. Its key revenue stream is electricity sales: energy produ...
Gujarat Industries Power Co. Ltd. Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
58
Neutral
Cash Flow
44
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 16.19B | 14.91B | 12.56B | 13.49B | 13.56B | 11.67B |
| Gross Profit | 4.82B | 3.07B | 5.65B | 2.57B | 5.45B | 5.36B |
| EBITDA | 7.30B | 6.33B | 4.75B | 4.57B | 4.55B | 4.26B |
| Net Income | 5.03B | 4.02B | 2.11B | 1.99B | 1.89B | 1.71B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 94.26B | 75.66B | 52.18B | 44.87B | 44.03B |
| Cash, Cash Equivalents and Short-Term Investments | 2.63B | 2.63B | 4.94B | 6.09B | 4.54B | 2.82B |
| Total Debt | 0.00 | 35.94B | 20.27B | 6.14B | 4.93B | 5.29B |
| Total Liabilities | -38.40B | 55.86B | 40.42B | 19.13B | 13.33B | 13.59B |
| Stockholders Equity | 38.40B | 38.40B | 35.24B | 33.06B | 31.54B | 30.44B |
Cash Flow | ||||||
| Free Cash Flow | -8.80B | -17.39B | -15.80B | 982.01M | 2.83B | 186.99M |
| Operating Cash Flow | 3.09B | 5.80B | 11.27B | 5.62B | 4.10B | 3.62B |
| Investing Cash Flow | -12.26B | -22.75B | -26.65B | -2.17B | -1.28B | -3.40B |
| Financing Cash Flow | 6.82B | 14.87B | 13.97B | -1.90B | -1.10B | -245.30M |
Gujarat Industries Power Co. Ltd. Technical Analysis
Positive
162.55
Price Trends
171.43
Positive
163.18
Positive
152.54
Positive
Market Momentum
8.70
Positive
66.03
Neutral
12.02
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GIPCL, the sentiment is Positive. The current price of 162.55 is below the 20-day moving average (MA) of 189.11, below the 50-day MA of 171.43, and above the 200-day MA of 152.54, indicating a bullish trend. The MACD of 8.70 indicates Positive momentum. The RSI at 66.03 is Neutral, neither overbought nor oversold. The STOCH value of 12.02 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:GIPCL.
Gujarat Industries Power Co. Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ₹31.29B | 6.17 | ― | 2.05% | 23.78% | 147.63% | |
65 Neutral | ₹194.93B | 12.42 | ― | 8.26% | 8.73% | 12.55% | |
62 Neutral | ₹3.27T | 11.65 | ― | 2.70% | 2.36% | 15.88% | |
56 Neutral | ₹374.95B | 11.22 | ― | 1.46% | 16.85% | 12.22% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | ₹22.39B | 0.68 | ― | 2.16% | -6.41% | -40.45% | |
51 Neutral | ₹6.87B | 59.95 | ― | 0.70% | 10.10% | 64.96% |
* General Sector Average
IN:GIPCL
Gujarat Industries Power Co. Ltd.
198.30
15.15
8.27%
IN:CESC
CESC Ltd
145.40
-3.92
-2.63%
IN:DPSCLTD
India Power Corp. Ltd.
7.14
-4.99
-41.14%
IN:NLCINDIA
NLC India Limited
264.25
6.85
2.66%
IN:NTPC
NTPC Limited
333.30
10.30
3.19%
IN:RELINFRA
Reliance Infrastructure Limited
53.76
-195.09
-78.40%
Gujarat Industries Power Co. Ltd. Corporate Events
Gujarat Industries Power Confirms SEBI-Compliant Dematerialisation for Q1 FY2026-27
Jul 6, 2026
Gujarat Industries Power Company Ltd. has submitted to the stock exchanges a certificate under Regulation 74(5) of SEBI’s Depositories and Participants Regulations, 2018 for the quarter ended 30 June 2026. The filing, supported by its regist...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.