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    GP Eco

    Vertically integrated Indian solar-energy player spanning distribution (GPES Solar), EPC/PMC project execution (GPES Green), and in-house manufacturing of inverters, BESS and lithium-based smart-fuel tech (iNVERGY/FuelON).

    Capital Goods
    Industrials
    View GPECO earnings calls

    Overview

    Price

    Market Cap

    ₹498 Cr

    Sector

    Capital Goods

    Industrials

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital00008121212
    Reserves124813475881
    Borrowings1451314323458
    Other Liabilities39926226266172
    Total Liabilities414194758153170322
    AssetsFixed Assets02223202943
    CWIP00000000
    Investments00001141825
    Other Assets413174553118123255
    Total Assets414194758153170322

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating04-62-6277
    Cash from Investing0-64-2-1-43-35
    Cash from Financing032082520
    SummaryCapital Expenditure
    Free Cash Flow02-72-89-16
    FCF Margin

    Valuation

    Assumptions

    Current — GPECO
    Price
    ₹444
    EPS (TTM)
    ₹33.39
    PE (TTM)
    13.3
    Profit growth

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (7.0×) and current (13.3×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹444
    vs
    Fair value · 15% return
    ₹162
    63%Overvalued

    At 10% growth and a 7× exit, ₹444 only delivers your return if you pay ₹162. The price is currently baking in 32% growth.

    EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 7×.

    YearGrowthEPS (₹)
    FY2710.0%36.73
    FY2810.0%40.40
    FY2910.0%44.44
    FY3010.0%48.89
    FY3110.0%53.77
    FY328.0% ·fade58.08
    FY336.0% ·fade61.56

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse GP Eco

    Guides on how to read this kind of business and the numbers that matter.