New Risk • May 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (44% accrual ratio). Minor Risks High level of debt (80% net debt to equity). Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Market cap is less than US$100m (₹5.36b market cap, or US$56.5m). New Risk • May 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (44% accrual ratio). Minor Risks High level of debt (80% net debt to equity). Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (₹5.87b market cap, or US$61.3m). Announcement • May 23
GP ECO Solutions India Limited to Report Fiscal Year 2026 Results on May 28, 2026 GP ECO Solutions India Limited announced that they will report fiscal year 2026 results on May 28, 2026 Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹419, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 34x in the Electronic industry in India. Total returns to shareholders of 34% over the past year. New Risk • Apr 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (44% accrual ratio). Minor Risks High level of debt (80% net debt to equity). Market cap is less than US$100m (₹4.25b market cap, or US$45.7m). Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹318, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 25x in the Electronic industry in India. Total returns to shareholders of 16% over the past year. New Risk • Feb 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (44% accrual ratio). Minor Risks High level of debt (80% net debt to equity). Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (₹4.28b market cap, or US$47.2m). Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹383, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 31x in the Electronic industry in India. Total returns to shareholders of 36% over the past year. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹322, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 31x in the Electronic industry in India. Total returns to shareholders of 15% over the past year. New Risk • Nov 09
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 44% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (44% accrual ratio). Minor Risks High level of debt (80% net debt to equity). Market cap is less than US$100m (₹6.11b market cap, or US$69.0m). Announcement • Nov 03
GP ECO Solutions India Limited to Report First Half, 2026 Results on Nov 06, 2025 GP ECO Solutions India Limited announced that they will report first half, 2026 results on Nov 06, 2025 Buy Or Sell Opportunity • Oct 28
Now 28% overvalued Over the last 90 days, the stock has fallen 8.8% to ₹530. The fair value is estimated to be ₹415, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 23%. Board Change • Oct 13
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. 2 highly experienced directors. Executive Director Anju Pandey is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Sep 04
GP ECO Solutions India Limited, Annual General Meeting, Sep 30, 2025 GP ECO Solutions India Limited, Annual General Meeting, Sep 30, 2025, at 12:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹460, the stock trades at a trailing P/E ratio of 52x. Average trailing P/E is 39x in the Electronic industry in India. Total returns to shareholders of 29% over the past year. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹379, the stock trades at a trailing P/E ratio of 39.1x. Average trailing P/E is 36x in the Electronic industry in India. New Risk • May 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (₹3.72b market cap, or US$43.5m). New Risk • May 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (₹3.81b market cap, or US$44.5m). Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹388, the stock trades at a trailing P/E ratio of 40x. Average trailing P/E is 38x in the Electronic industry in India. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹351, the stock trades at a trailing P/E ratio of 36.2x. Average trailing P/E is 41x in the Electronic industry in India. Board Change • Mar 06
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. 2 highly experienced directors. Executive Director Anju Pandey is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Feb 12
GP ECO Solutions India Limited Announces Board Appointments GP ECO Solutions India Limited announced the appointment of Mr. Kuljit Singh Popli and Akhilesh Kumar Jain as non-executive directors (non-independent); Mr. Upendra Nath Tripathi and Manish Grover as Independent directors, at the EGM held on February 10, 2025. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹300, the stock trades at a trailing P/E ratio of 48x. Average trailing P/E is 52x in the Electronic industry in India. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to ₹321, the stock trades at a trailing P/E ratio of 51.3x. Average trailing P/E is 50x in the Electronic industry in India. Board Change • Sep 30
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Tushar Kansal was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Sep 24
GP ECO Solutions India Limited Approves Appointment of Pradeep Kumar Pandey, as an Additional Director and Chairman GP Eco Solutions India Limited at its AGM held on September 23, 2024 approved the appointment of Mr. Pradeep Kumar Pandey, as an Additional Director and Chairman of the Company in the Board Meeting held on August 05, 2024 is now appointed as Director & Non-Executive Chairman of company as approved by the members. DIN: 09558317. Date of Birth: March 08, 1955. Date of Appointment is September 23, 2024. Qualification: Post Graduate Specialization in Environmental control in chemical & Pharmaceutical from State university Of Ghent, Belgium in collaboration with United Nations Industrial Development Organization (UNIDO). Expertise: 35+ years of experience in service for Government Sector. A. Project design & Development. B. Project Implementation & Management. C. Quality control & ISO implementation. D. Project Financing. E. Resource raising from international lending institutions Viz. World Bank,ADB,JICA,DANIDA,GON,etc. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹245, the stock trades at a trailing P/E ratio of 39.2x. Average trailing P/E is 50x in the Electronic industry in India. Announcement • Aug 06
GP ECO Solutions India Limited, Annual General Meeting, Sep 23, 2024 GP ECO Solutions India Limited, Annual General Meeting, Sep 23, 2024, at 11:30 Indian Standard Time.