| 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
- ₹171.02
- Market cap
- ₹2,654 Cr
- Revenue (annual)
- ₹1,491 Cr
- Net profit (annual)
- ₹402.4 Cr
- P/E (TTM)
- 5.3×Sector 24.7×
- Promoter holding
- 56.57%+0.00% QoQ
- FII holding
- 2.88%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 Board Meeting Outcome
Gujarat Industries Power Company Limited appointed Dr. Rajender Kumar as an Additional Director (Nominee of GSFC), effective September 19, 2026.
Gujarat Industries Power Company Management Change
Independent Director Shri Narendra Nath Misra has ceased to be a Director on the Board of Gujarat Industries Power Company Ltd upon his tenure completion.
Gujarat Industries Power Company Annual General Meeting
Gujarat Industries Power Company Ltd held its 41st Annual General Meeting on September 19, 2026. The meeting covered standard resolutions, including financial statement adoption and director appointments.
Gujarat Industries Power Company Annual General Meeting
GIPCL informs physical shareholders about its 41st Annual General Meeting scheduled for September 19, 2026. The company also reminds shareholders to update their mandatory KYC details.
Gujarat Industries Power Company Management Change
Shri Kanya Sadhuram Badlani has ceased to be a Director of Gujarat Industries Power Company Ltd., effective August 31, 2026, following the withdrawal of his nomination by GSFC.
Gujarat Industries Power Company Other Announcement
GIPCL informed exchanges that the dividend, if approved at the 41st AGM on 19th September 2026, will be paid on or after 23rd September 2026.