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.

Rewards

PE ratio (4.2x) is below the Indian market (12.5x)

Pays a high and reliable dividend of 4.2%

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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.3%

517300

-5.2%

IN Renewable Energy

-1.1%

IN Market


1 Year Return

-3.4%

517300

-8.0%

IN Renewable Energy

-7.5%

IN Market

Return vs Industry: 517300 exceeded the Indian Renewable Energy industry which returned -8% over the past year.

Return vs Market: 517300 exceeded the Indian Market which returned -7.5% over the past year.


Shareholder returns

517300IndustryMarket
7 Day-2.3%-5.2%-1.1%
30 Day6.0%-2.0%6.9%
90 Day21.8%11.2%16.9%
1 Year0.7%-3.4%-5.0%-8.0%-5.7%-7.5%
3 Year-42.7%-47.7%-32.9%-39.1%-1.1%-5.7%
5 Year-1.8%-15.5%-17.3%-28.4%24.2%14.5%

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?

4.21x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 517300 (₹69.05) is trading above our estimate of fair value (₹65.26)

Significantly Below Fair Value: 517300 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 517300's PE Ratio (4.2x) is in line with the IN Renewable Energy industry average.

PE vs Market: 517300 is good value based on its PE Ratio (4.2x) compared to the Indian market (12.5x).


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?

19.5%

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?

10.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 517300 has high quality earnings.

Growing Profit Margin: 517300's current net profit margins (18%) are lower than last year (18.1%).


Past Earnings Growth Analysis

Earnings Trend: 517300's earnings have grown by 10.5% 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 (-2.7%) over the past year, making it difficult to compare to the Renewable Energy industry average (4%).


Return on Equity

High ROE: 517300's Return on Equity (9%) 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 (₹7.7B) exceed its short term liabilities (₹2.6B).

Long Term Liabilities: 517300's short term assets (₹7.7B) do not cover its long term liabilities (₹9.3B).


Debt to Equity History and Analysis

Debt Level: 517300's debt to equity ratio (14.1%) is considered satisfactory.

Reducing Debt: 517300's debt to equity ratio has reduced from 33% to 14.1% over the past 5 years.

Debt Coverage: 517300's debt is well covered by operating cash flow (116.3%).

Interest Coverage: 517300's interest payments on its debt are well covered by EBIT (6.2x coverage).


Balance Sheet


Next Steps

Dividend

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

4.20%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 517300's dividend (4.2%) is higher than the bottom 25% of dividend payers in the Indian market (0.7%).

High Dividend: 517300's dividend (4.2%) is in the top 25% of dividend payers in the Indian market (2.81%)


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 (17.7%), 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 (50yo)

1.92yrs

Tenure

₹2,967,352

Compensation

Ms. Vatsala Vasudeva, lAS has been Managing Director and Director of Gujarat Industries Power Company Limited since August 20, 2018. Ms. Vasudeva is BA (Hons.) with English Literature and has done Masters  ...


CEO Compensation Analysis

Compensation vs Market: Vatsala's total compensation ($USD39.50K) is about average for companies of similar size in the Indian market ($USD49.78K).

Compensation vs Earnings: Insufficient data to compare Vatsala's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Vatsala Vasudeva
MD & Director1.92yrs₹2.97mno data
K. Bhatt
GM of Finance & CFO2.58yrs₹2.95mno data
Achal Thakkar
Company Secretary & Compliance Officer0.83yrno datano data
K. Mishra
Additional General Manager of Commerce0.50yrno datano data
K. Mohanan
ES to Managing Director3.58yrsno 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 & Director1.92yrs₹2.97mno data
Narendra Misra
Independent Director4.75yrs₹60.00kno data
Vishvesh Vachhrajani
Nominee Director4.33yrs₹60.00kno data
Shekhar Chaudhuri
Independent Director16.25yrs₹60.00kno data
Kirankumar Joshi
Independent Director4.83yrs₹260.00kno data
Prabhat Singh
Independent Director1.83yrsno datano data
Shahmeena Husain
Additional Nominee Director0.67yr₹123.98kno data
S. Dangayach
Independent Director5.33yrs₹160.00kno data
B. Prajapati
Independent Non-Executive Director5.33yrs₹190.00kno data
Prem Gera
Non Executive Director4.33yrs₹10.00kno data
Roopwant Singh
Additional Nominee Director0.67yrno datano data
Sunaina Tomar
Chairperson0.50yrno datano data

4.3yrs

Average Tenure

63yo

Average Age

Experienced Board: 517300's board of directors are considered experienced (4.3 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: ₹10.444b
  • 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 with combined installed capacity of 1084.4 MW at Vadodara plant and Surat Lignite Power Plant. Gujarat Industries Power Company Limited was founded in 1985 and is based in Vadodara, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/16 12:38
End of Day Share Price2020/07/16 00:00
Earnings2020/03/31
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.