Gujarat Industries Power Company logo

Gujarat Industries Power Company share price

NSE: GIPCLBSE: 517300PowerSmall Cap

Last close ₹153.76down ₹3.50 (2.23%)BSE ₹153.70

Share price at the NSE close on 23 Oct 2026. Previous close ₹157.26.

52-week range of traded prices to 23 Oct 2026
₹119.90Low, 30 Mar 2026₹211.71High, 3 Sep 2026
Market cap
₹2,387 Cr1,106th largest listed
P/E
4.7
P/B
0.6
Dividend yield
2.67%
ROE
13.7%
ROCE
4.8%
Debt to equity
0.88
Volume, NSE
4,76,54851.8% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−19.3%over a year

ResultsDividend20-session average 2,96,591 shares a day, 52.6% delivered

Results

Standalone, as consolidated accounts are on record for only 3 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 11 Aug

Revenue
₹499 Crup 16.58%
Net profit
₹158 Crdown 51.69%
Net margin
31.6%

Revenue by year

Peak revenue ₹1,491 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 13 NovDec 2024Filed 11 FebMar 2025Filed 12 JunJun 2025Filed 12 AugSep 2025Filed 12 NovDec 2025Filed 12 FebMar 2026Filed 1 JunJun 2026Filed 11 Aug
Revenue276322338372321370428499
Net profit3539705721−3327158
Net margin12.6%12.2%20.6%15.5%6.6%−0.9%76.3%31.6%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, POWER, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 20% of 2,480 trading days over the last 10 years.

LowestHighest
Its median7.5Industry median21.6
Price to book

At or below today's level on 63% of 1,974 trading days since Nov 2018.

LowestHighest
Its median0.5Industry median1.5
EV to EBITDA8.3

At or below today's level on 78% of 1,974 trading days since Nov 2018.

LowestHighest
Its median3.7Industry median9.9
Dividend yield

At or below today's level on 47% of 2,459 trading days over the last 10 years.

LowestHighest
Its median2.77%Industry median1.68%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−29.6%+85.6%−63.9%3.4%
3 years+19.4%+27.6%−8.5%2.7%
5 years+13.1%+16.4%−5.7%3.3%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters56.57%
  • Foreign institutions2.73%
  • Indian institutions4.92%
  • Governments1.44%
  • Individuals and others34.34%
Holder
Gujarat Urja Vikas Nigam LimitedPromoter24.73%
Gujarat Alkalies and Chemicals LimitedPromoter16.15%
Gujarat State Fertilizers & Chemicals LimitedPromoter15.68%
Gujarat Power Corporation LimitedCompanies3.21%
Gujarat Energy LimitedCompanies2.38%
Gujarat State Electricity Corporation LimitedState governments1.42%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

The filing reports 39,64,756 of its 15,52,15,944 shares locked in.

Mutual funds holding it

4 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 1 of the 2 funds that added or cut is an index fund, an ETF or an arbitrage fund: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.

Added
1
Cut
1
Held unchanged
2
Fund
HDFC Mutual Fund logoHDFC Balanced Advantage FundHDFC Mutual Fund63,27,0000.11%₹113.7 Cr
Mahindra Manulife Mutual Fund logoMahindra Manulife Value FundMahindra Manulife Mutual Fund4,59,2610.81%₹8.25 Cr
Groww Mutual Fund logoGroww Value FundGroww Mutual Fund70,1041.58%₹1.26 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund165–₹30,000
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Power Generation, 36 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Gujarat Industries Power Company in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
GMR Power and Urban Infra logoGMR Power and Urban InfraGMRP&UI7,47213.23.910.8+15.8%+207.0%45.5%7.2%0.00%
Reliance Power logoReliance PowerRPOWER6,795–0.48.4+2.9%−110.3%−2.0%5.0%0.00%
KPI Green Energy logoKPI Green EnergyKPIGREEN5,67912.41.99.7+40.0%+28.1%16.2%10.8%0.30%
RattanIndia Power logoRattanIndia PowerRTNPOWER3,37230.30.716.0−6.5%−3.8%2.4%2.3%0.00%
Ujaas Energy logoUjaas EnergyUEL2,278580.125.7–−26.9%−47.8%4.5%−3.5%0.00%
K.P. Energy logoK.P. EnergyKPEL1,1046.12.14.3+74.3%+48.5%43.5%33.0%0.43%
Orient Green Power Company logoOrient Green Power CompanyGREENPOWER91814.40.87.3−0.1%+14.9%5.7%5.4%0.00%
GVK Power & Infrastructure logoGVK Power & InfrastructureGVKPIL328–––−100.0%––−2.5%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹4.10 a share, year to Mar 2026.
Ex-dateTypePer share
11 Sep 2026Final₹4.10
12 Sep 2025Final₹4.09
13 Sep 2024Final₹3.95
8 Sep 2023Final₹3.75
14 Sep 2022Final₹2.50
15 Sep 2021Final₹2.70
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Gujarat Industries Power Company share price by year

Each calendar year to 2025.Gujarat Industries Power Company share price history

YearClose at year endChangeHighest closeLowest close
2025156.61−31.2%235.84143.87
2024227.78+30.8%263.84155.40
2023174.20+111.3%183.7071.85
202282.45−0.1%102.9069.15
202182.55−1.6%101.9072.85
202083.85+16.5%90.5045.85
201972.00−7.7%80.5566.00
201878.00−40.9%137.5568.70
2017131.95+37.9%144.2595.45
201695.70+16.8%105.5575.10
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026157.01157.86150.55153.76152.694,76,54851.8%
22 Oct 2026160.05161.38156.60157.26158.052,32,36749.9%
21 Oct 2026168.80168.84160.05160.89162.252,88,23057.1%
19 Oct 2026169.02170.49166.55167.97167.661,59,63448.1%
16 Oct 2026169.26171.00167.38169.36169.111,92,45540.9%
15 Oct 2026173.90173.90168.60169.25169.991,64,52955.8%
14 Oct 2026166.05174.24165.67172.74171.824,31,27552.5%
13 Oct 2026167.00168.88163.05166.75165.232,11,57548.9%
12 Oct 2026166.01169.30166.01167.34167.571,72,18150.5%
9 Oct 2026166.46168.19163.74166.58165.972,07,73547.2%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Gujarat Industries Power Company Limited
NSE symbol
GIPCL
BSE code
517300
ISIN
INE162A01010
Industry
Power
Listed
Apr 1993 on BSE, Feb 1995 on NSE
Face value
₹10
CIN
L99999GJ1985PLC007868
Corporate identity number, the registrar of companies' code for it