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Gujarat Industries Power BSE:517300 Stock Report

Last Price

₹86.05

Market Cap

₹13.0b

7D

-0.5%

1Y

-1.9%

Updated

12 Aug, 2022

Data

Company Financials
517300 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends4/6

517300 Stock Overview

Gujarat Industries Power Company Limited generates and sells electricity primarily to power purchasing companies in India.

Gujarat Industries Power Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Gujarat Industries Power
Historical stock prices
Current Share Price₹86.05
52 Week High₹105.30
52 Week Low₹68.40
Beta0.62
1 Month Change9.48%
3 Month Change2.20%
1 Year Change-1.88%
3 Year Change19.43%
5 Year Change-29.12%
Change since IPO272.51%

Recent News & Updates

Shareholder Returns

517300IN Renewable EnergyIN Market
7D-0.5%3.0%1.4%
1Y-1.9%68.1%8.2%

Return vs Industry: 517300 underperformed the Indian Renewable Energy industry which returned 65.5% over the past year.

Return vs Market: 517300 underperformed the Indian Market which returned 8.5% over the past year.

Price Volatility

Is 517300's price volatile compared to industry and market?
517300 volatility
517300 Average Weekly Movement4.6%
Renewable Energy Industry Average Movement7.0%
Market Average Movement6.4%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.1%

Stable Share Price: 517300 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 517300's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985509Vatsala Vasudevahttps://www.gipcl.com

Gujarat Industries Power Company Limited generates and sells electricity primarily to power purchasing companies in India. The company generates power through gas, lignite, wind, and solar power plants with combined installed capacity of 1184.4 MW at Vadodara plant and Surat Lignite Power Plant. Gujarat Industries Power Company Limited was incorporated in 1985 and is based in Vadodara, India.

Gujarat Industries Power Fundamentals Summary

How do Gujarat Industries Power's earnings and revenue compare to its market cap?
517300 fundamental statistics
Market Cap₹13.02b
Earnings (TTM)₹1.99b
Revenue (TTM)₹11.79b

6.5x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
517300 income statement (TTM)
Revenue₹11.79b
Cost of Revenue₹5.96b
Gross Profit₹5.83b
Other Expenses₹3.84b
Earnings₹1.99b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)13.14
Gross Margin49.45%
Net Profit Margin16.86%
Debt/Equity Ratio17.4%

How did 517300 perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

19%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 517300 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 517300?

Other financial metrics that can be useful for relative valuation.

517300 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.3x
Enterprise Value/EBITDA3.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 517300's PE Ratio compare to its peers?

517300 PE Ratio vs Peers
The above table shows the PE ratio for 517300 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average18.4x
532524 India
5.7xn/a₹24.3b
534597 RattanIndia Enterprises
11.2xn/a₹61.8b
513683 NLC India
9.4xn/a₹102.5b
KKVAPOW KKV Agro Powers
47.3xn/a₹563.1m
517300 Gujarat Industries Power
6.5xn/a₹13.0b

Price-To-Earnings vs Peers: 517300 is good value based on its Price-To-Earnings Ratio (6.5x) compared to the peer average (18.4x).


Price to Earnings Ratio vs Industry

How does 517300's PE Ratio compare vs other companies in the IN Renewable Energy Industry?

Price-To-Earnings vs Industry: 517300 is good value based on its Price-To-Earnings Ratio (6.5x) compared to the Indian Renewable Energy industry average (15.8x)


Price to Earnings Ratio vs Fair Ratio

What is 517300's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

517300 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 517300's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 517300 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 517300 (₹86.05) is trading below our estimate of fair value (₹217.57)

Significantly Below Fair Value: 517300 is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Gujarat Industries Power forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


22.8%

Forecasted Utilities industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Gujarat Industries Power has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Examine whether Gujarat Industries Power is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Gujarat Industries Power competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Gujarat Industries Power performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-5.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 517300 has high quality earnings.

Growing Profit Margin: 517300's current net profit margins (16.9%) are higher than last year (12.3%).


Past Earnings Growth Analysis

Earnings Trend: 517300's earnings have declined by 5.4% per year over the past 5 years.

Accelerating Growth: 517300's earnings growth over the past year (24.9%) exceeds its 5-year average (-5.4% per year).

Earnings vs Industry: 517300 earnings growth over the past year (24.9%) underperformed the Renewable Energy industry 82.8%.


Return on Equity

High ROE: 517300's Return on Equity (6.5%) is considered low.


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Financial Health

How is Gujarat Industries Power's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 517300's short term assets (₹8.8B) exceed its short term liabilities (₹3.5B).

Long Term Liabilities: 517300's short term assets (₹8.8B) do not cover its long term liabilities (₹10.1B).


Debt to Equity History and Analysis

Debt Level: 517300's net debt to equity ratio (8%) is considered satisfactory.

Reducing Debt: 517300's debt to equity ratio has reduced from 20.6% to 17.4% over the past 5 years.

Debt Coverage: 517300's debt is well covered by operating cash flow (68.5%).

Interest Coverage: 517300's interest payments on its debt are well covered by EBIT (9.3x coverage).


Balance Sheet


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Dividend

What is Gujarat Industries Power current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.91%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 517300's dividend (2.91%) is higher than the bottom 25% of dividend payers in the Indian market (0.39%).

High Dividend: 517300's dividend (2.91%) is in the top 25% of dividend payers in the Indian market (1.72%)


Stability and Growth of Payments

Stable Dividend: 517300's dividends per share have been stable in the past 10 years.

Growing Dividend: 517300's dividend payments have not increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (19%), 517300's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (177.7%), 517300's dividend payments are not well covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Vatsala Vasudeva (52 yo)

4yrs

Tenure

₹3,395,000

Compensation

Mrs. Vatsala Vasudeva, lAS has been Managing Director and Director of Gujarat Industries Power Company Limited since August 20, 2018. She is lAS officer of Gujarat Cadre of 1995 batch. She is having varied...


CEO Compensation Analysis

Compensation vs Market: Vatsala's total compensation ($USD42.65K) is below average for companies of similar size in the Indian market ($USD194.77K).

Compensation vs Earnings: Vatsala's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 517300's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: 517300's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Gujarat Industries Power Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Gujarat Industries Power Company Limited
  • Ticker: 517300
  • Exchange: BSE
  • Founded: 1985
  • Industry: Independent Power Producers and Energy Traders
  • Sector: Utilities
  • Implied Market Cap: ₹13.015b
  • Shares outstanding: 151.25m
  • Website: https://www.gipcl.com

Number of Employees


Location

  • Gujarat Industries Power Company Limited
  • P.O. Ranoli
  • Vadodara District
  • Vadodara
  • Gujarat
  • 391350
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/12 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.