Gujarat Industries Power Company logo

Gujarat Industries Power Company share price

NSE: GIPCLBSE: 517300PowerSmall Cap

Gujarat Industries Power Company Limited · Face value ₹10 · Listed Apr 1993 on BSE, Feb 1995 on NSE
Last close ₹164.79up ₹2.18 (1.34%)BSE ₹164.90

Share price at the NSE close on 29 Oct 2026. Previous close ₹162.61.

29 Oct: open ₹164.48, high ₹166.31, low ₹162.02

52-week range of traded prices to 29 Oct 2026
₹119.90Low, 30 Mar 2026₹211.71High, 3 Sep 2026
Market cap
₹2,558 Cr1,106th largest listed
P/E
5.09
P/B
0.67
Dividend yield
2.49%
ROE
13.7%
ROCE
4.8%
Debt to equity
0.88
Volume, NSE
3,85,75961.5% delivered

Gujarat Industries Power Company share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−10.9%over a year · Nifty 500 −8.4%

ResultsDividend20-session average 3,33,327 shares a day, 53.5% delivered

Results

Standalone, as consolidated accounts are on record for only 3 of the last ten years; ₹ crore.Gujarat Industries Power Company quarterly results

Revenue growth, 12 months
+23.8%
Net profit growth, 12 months
+150.0%

Quarter to Jun 2026, against the quarter before

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

Revenue by quarter

₹276 CrSep 24₹322 CrDec 24₹338 CrMar 25₹372 CrJun 25₹321 CrSep 25₹370 CrDec 25₹428 CrMar 26₹499 CrJun 26
Peak revenue ₹499 Cr, quarter to Jun 2026; lowest ₹276 Cr, quarter to Sep 2024

Net profit by quarter, a loss in red

  • Net profit
  • Loss
₹35 CrSep 24₹39 CrDec 24₹70 CrMar 25₹57 CrJun 25₹21 CrSep 25−₹3.20 CrDec 25₹327 CrMar 26₹158 CrJun 26
A loss in 1 of the 8 quarters shown
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
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.Gujarat Industries Power Company PE ratio and valuation

Price to earnings

At or below today's level on 22% of 2,479 trading days over the last 10 years.

LowestHighest
Its median7.48Industry median20.33
Price to book

At or below today's level on 68% of 1,978 trading days since Nov 2018.

LowestHighest
Its median0.47Industry median1.53
Dividend yield

At or below today's level on 36% of 2,458 trading days over the last 10 years.

LowestHighest
Its median2.77%Industry median1.62%

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.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Gujarat Industries Power Company 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.

Since Jun 2026: promoters unchanged, foreign institutions −0.16 pts, Indian institutions −0.07 pts, mutual funds +0.05 pts.

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

Mutual fund holdings

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
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Gujarat Industries Power Company competitors and peers

Power Generation, 36 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Gujarat Industries Power Company in market cap.Power stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Reliance Power logoReliance PowerRPOWER7,850–0.49+2.9%−110.3%−2.0%5.0%0.00%
GMR Power and Urban Infra logoGMR Power and Urban InfraGMRP&UI7,20712.723.79+15.8%+207.0%45.5%7.2%0.00%
KPI Green Energy logoKPI Green EnergyKPIGREEN5,73512.531.89+40.0%+28.1%16.2%10.8%0.29%
RattanIndia Power logoRattanIndia PowerRTNPOWER3,41530.660.74−6.5%−3.8%2.4%2.3%0.00%
Ujaas Energy logoUjaas EnergyUEL2,535645.4428.59−26.9%−47.8%4.5%−3.5%0.00%
K.P. Energy logoK.P. EnergyKPEL1,1266.192.15+74.3%+48.5%43.5%33.0%0.42%
Orient Green Power Company logoOrient Green Power CompanyGREENPOWER97815.300.85−0.1%+14.9%5.7%5.4%0.00%
GVK Power & Infrastructure logoGVK Power & InfrastructureGVKPIL316––−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.Gujarat Industries Power Company dividend history

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

2.7Mar 172.7Mar 182.9Mar 192.9Mar 202.7Mar 212.5Mar 223.8Mar 234.0Mar 244.1Mar 254.1Mar 26
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.Gujarat Industries Power Company 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 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
28 Oct 2026156.85164.50154.55162.61160.904,94,01860.4%
27 Oct 2026153.13158.79153.13158.29157.224,30,96554.4%
26 Oct 2026153.00155.60150.66152.85152.505,29,23055.8%
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%
Prices in ₹ per share as traded, not adjusted.

Company details

Chairperson
JAYANTI RAVI
At the end of the quarter to Sep 2026
Managing director
VATSALA VASUDEVA
At the end of the quarter to Sep 2026
NSE symbol
GIPCL
BSE code
517300
ISIN
INE162A01010
Industry
Power
CIN
L99999GJ1985PLC007868
Corporate identity number, the registrar of companies' code for it
Incorporated
1985
Registered office
P.O. Ranoli, District Vadodara, 391350, Gujarat
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments