| Management target | Revenue 30.0% FY27 |
|---|
| Revenue growth | 450 Cr incremental revenue expected from Khavda 600MW solar project. |
|---|---|
| Margins | Structural expansion expected as higher-margin solar capacity replaces stagnant thermal. |
| Demand visibility | Strong; PPA signed for 25 years with GUVNL for entire capacity. |
| Management confidence | Balanced; realistic about infrastructure bottlenecks and interest cost headwinds. |
Growth
Top-line growth driven by 600MW Khavda solar commissioning; EBITDA projected to nearly triple to 1,000 Cr by FY27.
Outlook
Projected EBITDA of 950-1000 Cr by FY27 assuming full 1,100MW solar capacity becomes operational.
Risks
Grid evacuation delays by PGCIL and high interest/depreciation costs as 1,100MW solar goes live.
Earnings Call filed with BSE, NSE: GIPCL. Summary written with AI assistance from the document.
Gujarat Industries Power Company Ltd: key numbers
- Share price
- ₹166.62
- Market cap
- ₹2,586 Cr
- Revenue (annual)
- ₹1,491 Cr
- Net profit (annual)
- ₹402.4 Cr
- P/E (TTM)
- 5.0×Sector 21.7×
- Promoter holding
- 56.57%+0.00% QoQ
- FII holding
- 2.73%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Gujarat Industries Power Company Ltd
All →Gujarat Industries Power Company Q2 FY27 Results: Net Profit ₹39.2 Cr, Up 84.0% YoY
Gujarat Industries Power Company approved standalone unaudited Q2 and H1 FY2026-27 results, with revenue and profit tables enclosed. The filing is the Regulation 33 results submission.
- Key figure
- Net profit ₹39.2 Cr · +84.0% YoY
Gujarat Industries Power Company Management Change
Gujarat Industries Power disclosed that GM (HR&A) H P Rao is superannuating, effective after office hours on 31 October 2026. The change concerns senior management personnel under Regulation 30.
Gujarat Industries Power Company Board Meeting Date
Gujarat Industries Power scheduled a board meeting on 5 November 2026 to approve standalone Q2 and H1 FY27 unaudited results. The notice discloses no financial figures.
Gujarat Industries Power Company Order Update
Gujarat Industries Power Company issued a Letter of Intent to Bondada Engineering Limited, which has now been formally accepted by the contractor for execution.
- From
- Bondada Engineering Limited
- Execution
- 10 years (O&M)
- Battery Energy Storage System capacity
- 20.0 MW
Gujarat Industries Power Company Other Announcement
The company has filed its quarterly shareholding pattern statement in compliance with SEBI Regulation 31.
Gujarat Industries Power Company Board Meeting Outcome
Gujarat Industries Power Company Limited appointed Dr. Rajender Kumar as an Additional Director (Nominee of GSFC), effective September 19, 2026.