GP Eco Solutions India Ltd
Incorporated in 2010, GP Eco Solutions India
Ltd is in the business of manufacturing and trading of solar plants/panel and trading of
electronic equipment’s & solar equipment’s[1]
- Market Cap ₹ 334 Cr.
- Current Price ₹ 285
- High / Low ₹ 470 / 212
- Stock P/E 47.5
- Book Value ₹ 45.4
- Dividend Yield 0.00 %
- ROCE 40.3 %
- ROE 47.4 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 55.3%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 54.4 to 69.4 days.
- Working capital days have increased from 56.1 days to 79.5 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 46 | 83 | 101 | 136 | |
| 44 | 79 | 98 | 125 | |
| Operating Profit | 2 | 5 | 4 | 12 |
| OPM % | 4% | 6% | 4% | 9% |
| 0 | 0 | 3 | 0 | |
| Interest | 0 | 1 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 4 | 5 | 10 |
| Tax % | 28% | 26% | 27% | 27% |
| 1 | 3 | 4 | 7 | |
| EPS in Rs | 48.50 | 138.50 | 185.00 | 8.33 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 43% |
| TTM: | 35% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 94% |
| TTM: | 90% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 55% |
| Last Year: | 47% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.20 | 0.20 | 0.20 | 8 | 12 |
| Reserves | 2 | 4 | 8 | 13 | 41 |
| 4 | 5 | 13 | 14 | 22 | |
| 9 | 9 | 26 | 22 | 38 | |
| Total Liabilities | 14 | 19 | 47 | 58 | 113 |
| 2 | 2 | 2 | 3 | 3 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 1 | 16 |
| 13 | 17 | 45 | 53 | 94 | |
| Total Assets | 14 | 19 | 47 | 58 | 113 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 4 | -6 | 2 | -6 | |
| -6 | 4 | -2 | -1 | |
| 3 | 2 | -0 | 8 | |
| Net Cash Flow | 0 | -0 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 30 | 43 | 51 | 69 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 30 | 43 | 51 | 69 |
| Working Capital Days | -18 | 30 | 59 | 79 |
| ROCE % | 59% | 42% | 40% |
Documents
Announcements
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
13 November 2024 - GP ECO SOLUTIONS INDIA LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
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Statement of deviation(s) or variation(s) under Reg. 32
13 November 2024 - GP Eco Solutions India Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
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Financial Result Updates
12 November 2024 - GP Eco Solutions India Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
-
Outcome of Board Meeting
12 November 2024 - GP Eco Solutions India Limited has informed regarding Outcome of Board Meeting held on November 12, 2024.
-
Board Meeting Intimation
2 November 2024 - GP ECO SOLUTIONS INDIA LIMITED has informed about Board Meeting to be held on 12-Nov-2024 to consider and approve the Half Yearly Unaudited Financial results …
Business Overview:[1][2]
GPESL is an ISO 9001:2015 certified distributor of solar inverters and solar panels. It is an authorized distributor of Sungrow India Pvt Ltd for Solar Inverters in North India, and an authorized distributors for Saatvik Green Energy Private Limited and LONGi Solar Tech for solar panels in North India. Additionally, it serves as an integrated solar energy solutions provider, delivering comprehensive engineering, procurement, and construction services to its commercial and residential customers. However, contribution of this segment is lesser vs their distribution business of solar inverters and solar panels