Gujarat Industries Power Company Ltd.
Snapshot View

97.95 +0.75 ▲0.8%

23 July 2021, 04:00:00 P.M.
Volume: 150,995

Overview View Details

Sector Power. Compare with Sector peers
Industry Power Generation/Distribution Compare with Industry peers
Website http://www.gipcl.com
Financial Indicators
Market Cap 1,481.51 Cr.
Earnings per share (EPS) 12.12 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 8.08 Trailing Twelve Months Ending 2021-03
Industry PE 16.99 Trailing Twelve Months Ending 2021-03
Book Value / Share 192.47 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.51 Calculated using Price: 97.95
Dividend Yield 2.76 Period Ending 2020-03
No. of Shares Subscribed 15.13 Cr. 151,251,188 Shares
FaceValue 10
Company Profile

Gujarat Industries Power Company (GIPCL), incorporated in 1985, is engaged in business of power generation. The company is jointly promoted by Gujarat State Fertilizers and Chemicals, Gujarat Alkalies & Chemicals (GACL), Gujarat Urja Vikas Nigam (formerly known as Gujarat Electricity Board), Petrofils Cooperatives and Heavy Water Project (HWP) of the Atomic Energy Department of Government of India. The company was set up in order cater the captive electrical energy needs of promoter companies.

The company is also engaged in conducting research and development operations such as identification and completion of geological survey work at chosen site and conducting seismic survey for mapping of lignite deposits at said area..

GIPCL generates electrical power with a total capacity of 560 MW from plants situated at Vadodara and Mangrol. The company has received ISO 9001:2000, ISO 14001:2004 and OHSAS 18001:1999 for its Quality Management.

Power Projects

Vadodara Station-I- The company set up this plant in February, 1992 in order to supply power to promoter companies. The plant encompasses 3X32 MW Gas Turbine and 1X49 MW Steam Turbine with total power generation capacity of 145MV. This project required an investment of Rs 215 crore.

Vadodara Station-II- This plant was set up in November, 1997 and acts as Independent Power Producer. The plant is equipped with 111 MW Gas Turbine and 1X54 MW Steam Turbine that has total power generating capacity of 165 MW. This project required an investment of Rs. 215 Crores. It has entered into Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam.

Surat Lignite Power Plant- This lignite-based power plant was commissioned in November 1999. The plant encompasses 2X125 MW with Circulating Fluidized Bed Combustion (CFBC) Boilers and STGs. This project required an investment of Rs 1210 crore for plant and Rs 245 crore for mining. It has entered into a Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam.

Recognition

The company's SLPP Mining Division has received the National Safety Award (Mines) given by the Ministry of Labour and Employment, Government of India for two consecutive years i.e. 2004 and 2005.

New Developments

Gujarat Industries Power Company is implementing 2 x 125 MW SLPP Phase II Expansion Project along with the expansion of lignite mines, which is in advanced stage of implementation. The new mine at Mangrol is designed to produce 2.4 million tonnes lignite per annum. The project is scheduled to be commissioned in mid 2009.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.77%
1 Week
+7.82%
1 Month
+19.45%
3 Month
+33.72%
6 Month
+27.13%
1 Year
+33.90%
2 Year
+40.53%
5 Year
+8.53%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 8.47 14.34 11.03 7.03 9.73 10.74 10.42 7.01 9.32
Return on Capital Employed (%) 10.73 18.90 13.99 13.33 13.14 14.50 13.07 8.96 11.24
Return on Assets (%) 4.03 7.44 6.26 4.21 6.12 6.99 6.79 4.63 6.39

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 1,439 1,614 1,756 1,837 2,033 2,236 2,459 2,571 2,748
Non Curr. Liab. 817 793 714 689 698 673 803 823 925
Curr. Liab. 679 540 522 476 417 505 523 438 257
Minority Int.
Equity & Liab. 2,936 2,947 2,992 3,002 3,148 3,414 3,786 3,831 3,930
Non Curr. Assets 2,522 2,335 2,288 2,292 2,509 2,986 3,247 3,163 3,158
Curr. Assets 413 612 704 710 638 428 539 668 771
Misc. Exp. not W/O
Total Assets 2,936 2,947 2,992 3,002 3,148 3,414 3,786 3,831 3,930

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 1,300 1,416 1,377 1,215 1,352 1,311 1,354 1,407 1,379
Other Income 6 14 31 43 36 71 51 117 42
Total Income 1,306 1,430 1,408 1,258 1,388 1,382 1,405 1,524 1,421
Total Expenditure -868 -874 -906 -792 -951 -882 -873 -859 -874
PBIDT 438 557 501 466 437 500 532 665 547
Interest -119 -105 -88 -78 -76 -73 -57 -50 -51
Depreciation -169 -158 -156 -120 -112 -126 -158 -168 -191
Taxation -23 -135 -71 -123 -61 -72 -73 -52 -57
Exceptional Items -9 60 -19 -218
PAT 118 219 186 126 188 229 245 176 248

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 482 408 398 405 232 433 337 611 450
Cash Fr. Inv. -100 55 -86 -124 -178 -459 -389 -265 -119
Cash Fr. Finan. -333 -237 -272 -230 -228 -161 103 -137 -222
Net Change 49 225 40 50 -174 -187 51 209 109
Cash & Cash Eqvt 51 275 315 366 188 1 52 261 370

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 55.69 55.69 55.69 55.69 55.69 55.69 55.69 55.69 55.69
Public 44.31 44.31 44.31 44.31 44.31 44.31 44.31 44.31 44.31
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 15 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to the provisions of Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 it is hereby informed that the Company through their Registrar & Share Transfer Agent M/s. Link Intime India Pvt. Ltd. has received on Thursday i.e. 15/07/2021 intimation of loss of shares and request for issue of duplicate share certificate from the shareholder. Please find our attached letter disclosing the details.
Mon, 12 Jul 2021
Shareholding for the Period Ended June 30 2021
Gujarat Industries Power Company Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Thu, 08 Jul 2021
Further Update - Restoration Of Unit - 2 (125 MW) Of Surat Lignite Power Plant (SLPP) Of The Company Situated At Village Nani Naroli Taluka Mangrol District: Surat.
In continuation to our intimation dated 02/07/2021 regarding restoration of Unit - 2 (125 MW) of Surat Lignite Power Plant (SLPP) of the Company situated at Village Nani Naroli Taluka Mangrol District: Surat we would like to submit further update in the matter as follows:
1.Expected quantum of loss/damage caused:
The amount of Material Damage is around Rs.6.16 crores and the amount of Loss of Profit accounted for in the books during F.Y 2020-21 is around Rs.17.25 crores and the same to be accounted for in the books of accounts in the current year i.e. FY 2021-22 is around Rs.9.95 crores.
2.Whether loss/damage covered by insurance or not including amount:
The Companys property is covered for both material damage and loss of profit under Industrial All Risk Policy and therefore the aforesaid material damage and the loss of profit both are covered under Insurance.
Kindly take the above on records and acknowledge the receipt.

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index

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