BSE:517300

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Gujarat Industries Power

Executive Summary

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

Rewards

Trading at 24.5% below our estimate of its fair value

Pays a high and reliable dividend of 3.58%

Risk Analysis

No risks detected for 517300 from our risk checks.


Snowflake Analysis

Excellent balance sheet established dividend payer.

Share Price & News

How has Gujarat Industries Power's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 517300 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 517300's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-3.5%

517300

-2.9%

IN Renewable Energy

-0.4%

IN Market


1 Year Return

6.1%

517300

43.8%

IN Renewable Energy

15.9%

IN Market

Return vs Industry: 517300 underperformed the Indian Renewable Energy industry which returned 43.4% over the past year.

Return vs Market: 517300 underperformed the Indian Market which returned 17.7% over the past year.


Shareholder returns

517300IndustryMarket
7 Day-3.5%-2.9%-0.4%
30 Day-7.9%-3.3%5.0%
90 Day24.1%30.1%24.4%
1 Year10.0%6.1%48.7%43.8%18.1%15.9%
3 Year-29.4%-36.6%-21.0%-29.1%9.7%4.4%
5 Year18.4%1.2%6.1%-9.1%82.3%68.5%

Long-Term Price Volatility Vs. Market

How volatile is Gujarat Industries Power's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Gujarat Industries Power undervalued compared to its fair value and its price relative to the market?

24.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 517300 (₹81.05) is trading below our estimate of fair value (₹107.3)

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


Price To Earnings Ratio

PE vs Industry: 517300 is good value based on its PE Ratio (5.6x) compared to the IN Renewable Energy industry average (9.2x).

PE vs Market: 517300 is good value based on its PE Ratio (5.6x) compared to the Indian market (19.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 517300's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 517300's PB Ratio (0.4x) is in line with the IN Renewable Energy industry average.


Next Steps

Future Growth

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

12.5%

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.


Next Steps

Past Performance

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

4.0%

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%) are lower than last year (18%).


Past Earnings Growth Analysis

Earnings Trend: 517300's earnings have grown by 4% per year over the past 5 years.

Accelerating Growth: 517300's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 517300 had negative earnings growth (-13%) over the past year, making it difficult to compare to the Renewable Energy industry average (-10.5%).


Return on Equity

High ROE: 517300's Return on Equity (7.6%) is considered low.


Next Steps

Financial Health

How is Gujarat Industries Power's financial position?


Financial Position Analysis

Short Term Liabilities: 517300's short term assets (₹8.5B) exceed its short term liabilities (₹2.5B).

Long Term Liabilities: 517300's short term assets (₹8.5B) do not cover its long term liabilities (₹9.4B).


Debt to Equity History and Analysis

Debt Level: 517300's debt to equity ratio (13.4%) is considered satisfactory.

Reducing Debt: 517300's debt to equity ratio has reduced from 27.9% to 13.4% over the past 5 years.

Debt Coverage: 517300's debt is well covered by operating cash flow (96.1%).

Interest Coverage: 517300's interest payments on its debt are well covered by EBIT (6x coverage).


Balance Sheet


Next Steps

Dividend

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

3.58%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 517300's dividend (3.58%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).

High Dividend: 517300's dividend (3.58%) is in the top 25% of dividend payers in the Indian market (1.8%)


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 increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20%), 517300's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

1.9yrs

Average management tenure


CEO

Vatsala Vasudeva (50 yo)

2.42yrs

Tenure

₹3,009,000

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 ($USD41.16K) is below average for companies of similar size in the Indian market ($USD274.35K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Vatsala Vasudeva
MD & Director2.42yrs₹3.01mno data
K. Bhatt
GM of Finance and HR&A and CFO3.08yrs₹4.26mno data
Achal Thakkar
Company Secretary & Compliance Officer1.33yrs₹615.00kno data
K. Mishra
General Manager of Commerce1yrno datano data
S. Purohit
Chief General Manager (RE & BO)1yrno datano data
K. Mohanan
ES to Managing Director4.08yrsno datano data

1.9yrs

Average Tenure

Experienced Management: 517300's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Vatsala Vasudeva
MD & Director2.42yrs₹3.01mno data
Manjula Subramaniam
Woman Independent Director0.42yrno datano data
Narendra Misra
Independent Director5.25yrs₹80.00kno data
Vishvesh Vachhrajani
Director4.83yrs₹110.00kno data
Shekhar Chaudhuri
Independent Director16.75yrs₹120.00kno data
Kirankumar Joshi
Independent Director5.33yrs₹270.00kno data
Prabhat Singh
Independent Director2.33yrsno datano data
Shahmeena Husain
Director1.17yrs₹10.00kno data
Satyanarayan Dangayach
Independent Director5.83yrs₹160.00kno data
B. Prajapati
Independent Non-Executive Director5.83yrs₹140.00kno data
Roopwant Singh
Director1.17yrsno datano data
Sunaina Tomar
Chairperson1yr₹10.00kno data

4.8yrs

Average Tenure

63.5yo

Average Age

Experienced Board: 517300's board of directors are considered experienced (4.8 years average tenure).


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 company bio, 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
  • Market Cap: ₹12.387b
  • Shares outstanding: 151.25m
  • Website: https://www.gipcl.com

Number of Employees


Location

  • Gujarat Industries Power Company Limited
  • P.O. Petrochemicals
  • Vadodara
  • Gujarat
  • 391346
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
517300BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 1995
GIPCLNSEI (National Stock Exchange of India)YesEquity SharesININRFeb 1995

Biography

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 wit...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/15 12:08
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.