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GP Eco Solutions India Ltd (GPECO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: GPECO Trading | Small Cap | GP Eco Solutions Share Price

BSE Share Price
Not Listed

GP Eco Solutions India Ltd (GPECO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: GPECO Trading | Small Cap | GP Eco Solutions Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹507 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹24.8
TTM Sales
₹386 Cr.
Book Value per Share
₹52.9
P/E Ratio
17.25
Lower than its 5-year historical median
Industry PE
35.6
Price to Book (P/B)
8.10
Higher than its 5-year historical median
Price to Sales (P/S)
1.31
Lower than its 5-year historical median
EV/EBITDA
11.58
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
25.67%
Outperforms industry median
Return on Capital Employed (ROCE)
26.46%
Outperforms industry median
Return on Assets (ROA)
9.76%
Operating Profit Margin
6.9%
Net Profit Margin
4.27%
Gross Profit Margin
6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
76.1%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
40.09%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
45.8%
Asset Quality
Promoter Holding
61.87%
Pledged shares (%) of Promoter's holding (%)
29.10%
Reserves
₹51 Cr.
Equity
₹11.8 Cr.
Face Value
₹10
All Time Low / High
- / -

GP Eco Solutions India stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is GP Eco Solutions India Ltd a good quality company?
GP Eco Solutions India Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does GP Eco Solutions India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of GP Eco Solutions India Ltd vs industry peers?
GP Eco Solutions India Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 0%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of GP Eco Solutions India Ltd?
Promoters hold 61.87% of the GP Eco Solutions India Ltd, with 29.10% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of GP Eco Solutions India Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of 7.76% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
GP Eco Solutions India Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 31.8%58.8%41.8%40.3%26.5%-
Value Creation
Index
1.33.22.01.90.9-

Growth Parameters

Sales 46.583.5101136240386
Sales YoY Gr.-79.6%21.3%34.7%76.1%-
Adj EPS 1.43.95.18.38.824.8
YoY Gr.-188.9%31.8%62.1%5%-
BVPS (₹) 2.56.311.525.449.952.9
Adj Net
Profit
12.83.7710.329
Cash Flow from Ops. 3.8-62.4-6.127.4-
Debt/CF from Ops. 0.9-0.95.5-2.31.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA42.2%76.1%
Adj EPS NANA30.9%5%
BVPSNANA99.1%96.1%
Share Price - - - 14%

Key Financial Parameters

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
54.588.857.847.325.748.4
Op. Profit
Mgn %
3.85.63.68.66.9NAN
Net Profit
Mgn %
2.13.43.75.24.37.6
Debt to
Equity
21.11.60.70.6-
Working Cap
Days
0641111311230
Cash Conv.
Cycle
0223437370

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Sales4683101136240
Operating Expenses + 457998125224
Manufacturing Costs23222
Material Costs397093116214
Employee Cost 11011
Other Costs 25366
Operating Profit 2541216
Operating Profit Margin (%) 3.8%5.5%3.6%8.6%6.9%
Other Income + 00301
Exceptional Items 00000
Interest 01123
Depreciation 00001
Profit Before Tax 1451014
Tax 01133
Profit After Tax 134710
PAT Margin (%) 2.1%3.3%3.7%5.2%4.3%
Adjusted EPS (₹)1.43.95.18.38.8
Dividend Payout Ratio (%)0%0%0%0%0%

Valuation of GP Eco Solutions - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 2582158
Share Capital 000812
Reserves 2481347
Debt +35131130
Long Term Debt11142
Short Term Debt2412728
Minority Interest00000
Trade Payables64191649
Others Liabilities 357915
Total Liabilities 14194758153

Fixed Assets

Net Fixed Assets +222320
Gross Block233422
Accumulated Depreciation01112
CWIP 00000
Investments 000114
Inventories24131412
Trade Receivables410142668
Cash Equivalents 10009
Others Assets 63181329
Total Assets 14194758153

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 4-62-627
PBT 1451014
Adjustment 0000-0
Changes in Working Capital 3-9-2-1317
Tax Paid -0-1-1-2-3
Cash Flow From Investing Activity + -64-2-1-43
Capex -1-1-1-1-18
Net Investments 00-0-1-13
Others -55-21-13
Cash Flow From Financing Activity + 32-0825
Net Proceeds from Shares 000627
Net Proceeds from Borrowing 1-0-01-2
Interest Paid 00000
Dividend Paid 00000
Others 22000
Net Cash Flow 0-0-009

Financial Ratio

PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)54.5287.657.7947.3325.67
ROCE (%)31.8158.8441.7740.326.46
Asset Turnover Ratio3.2553.062.62.29
PAT to CFO Conversion(x)4-20.5-0.862.7
Working Capital Days
Receivable Days30.3029.7043.1053.7071.30
Inventory Days18.8014.8030.9035.5019.60
Payable Days54.3025.9045.8055.2055.80

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.005.0029.10
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

GP Eco Solutions India Ltd FAQs

The current trading price of GP Eco Solutions on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of GP Eco Solutions stood at ₹506.9 Cr

The latest P/E ratio of GP Eco Solutions as of 31-Dec-1969 is 17.25.

The latest P/B ratio of GP Eco Solutions as of 31-Dec-1969 is 8.10.

The 52-week high of GP Eco Solutions is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of GP Eco Solutions is ₹386 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that GP Eco Solutions India Ltd is a average quality company.

The key valuation ratios of GP Eco Solutions India Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of GP Eco Solutions India Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About GP Eco Solutions India Ltd

GP Eco Solutions India Limited was originally incorporated on July 30, 2010 as a Private Limited Company as ‘GP Eco Solutions India Private Limited’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, Kanpur. Subsequently, pursuant to a special resolution passed by the Shareholders at their Extra ordinary General Meeting held on October 25, 2023, the company was converted from a Private Limited Company to Public Limited Company and consequently, the name of the Company was changed to ‘GP Eco Solutions India Limited’ and a Fresh Certificate of Incorporation consequent to Conversion was issued on November 17, 2023 by the Registrar of Companies, Kanpur.

GP Eco Solutions India is involved in the distribution of a wide range of solar inverters and solar panels. The company is an authorized distributor of Sungrow India or ‘Sungrow’ for Solar Inverters in North India, and it is also authorized distributors for Saatvik Green Energy or ‘Saatvik’ and LONGi Solar Technology for solar panels in North India. Additionally, it serves as an integrated solar energy solutions provider, delivering comprehensive engineering, procurement, and construction (EPC) services to its commercial and residential customers, however the contribution of this segment is comparatively less as compared to business of distribution of solar inverters and solar panels. 

The company also has its own brand called ‘Invergy’. Under the Invergy brand, it sells hybrid solar inverters and Lithium Ferro phosphate (LFP) batteries. Invergy deals in OEM manufacturing for hybrid and LFP products. Invergy has its own quality and reliable protocol for contract manufacturing of these products. Invergy manages its own supply chain stream to provide easy and comfortable transitions. 

Invergy buys, make the contract manufacturing, and then sell to the end customers. Invergy has its own quality and reliable protocol for contract manufacturing of these products. Invergy takes an active role in overseeing and controlling the various stages involved in the supply chain. The manufacturing contractor encompasses all the processes from the acquisition of raw materials to the delivery of the final products to Invergy and Invergy thereafter sell to the customers. The goal is to create a seamless and comfortable experience, ensuring that products move from manufacturing to the hands of customers without disruptions or delays.

Business area of the company

The company is primarily engaged in the business of manufacturing of solar plant and trading of electrical goods and solar plant and its ancillary products.

Products of the company

  • Solar inverters
  • Solar panels 
  • Energy storage solutions 
  • Solar power generating systems

History and milestones

  • 2010: Incorporation of the company as a private limited company with the name of GP Eco Solutions India Private Limited.
  • 2018: Awarded as a Star Channel Partner 2018 by SUNGROW being the best channel partner in generating business for SUNGROW throughout the calendar year 2018.
  • 2021: Awarded as a Star Achiever 2021 by SUNGROW for over achieved the targets given by SUNGROW for the calendar year 2021.
  • 2022: Awarded as a Valuable Partner 2022 by SUNGROW for retaining the most valued clients for SUNGROW over the years.
  • 2023: Converted to Public Limited Company - consequently, the name of the Company was changed to ‘GP Eco Solutions India Limited’ 
  • 2023: Long Association Award by SUNGROW 
  • 2023: Granted a Certificate of Authorization designating the company as an Authorized Channel Partner for Sungrow String Inverters in the entire North India region till December 31, 2024.
  • 2024: Awarded as most Trusted Distributor of the year- solar Inverter, by Uttar Pradesh Annual Solar Awards.


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About MoneyWorks4Me

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