Inve India ▾

GP Eco share price & results

GP Eco· Capital Goods· Industrials

Results to
Mar 2026
Latest analysed call
Q4 FY26
Ownership as of
Sept 2026

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).

Company research is public. Sign in to keep your own companies, notes and cases.

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue293 ₹ crore+79.8% YoYQuarterly, as filedQuarter to Mar 2026Revenue from operations as filed.
Operating margin15.0 %+10.0 pts YoYOperating profit / revenueQuarter to Mar 2026For the quarter; a change is in percentage points.
Net profit33.0 ₹ crore+450.0% YoYQuarterly, as filedQuarter to Mar 2026Profit after tax as filed.
Return on equityUnavailable+22.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.
Free cash flow margin-6.04 %−7.3 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)Unavailable−10.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Mar 2026

Guidance

What management said, and what became of it

2 of 5 judged targets kept · 7 open · verdicts reflect calls analysed to Q4 FY26.

GP Eco management guidance track record on Inve: 12 targets tracked across analysed earnings calls (2 achieved, 3 missed, 7 open).

TargetOriginal wordingSaidLatest callVerdict
EBITDA MarginsIncrease in future quarters due to scaling
Call transcript, Q4 FY25 · 26 May 2025		Q4 FY25Q4 FY26:Management continues to guide for further margin expansion in FY27, building on the improvement seen in FY26. The original promise to increase margins has been fulfilled.
Call transcript, Q4 FY26 · 10 Jun 2026		Achieved
Solar Module Line Commissioning1.2 GW commissioned by H2 FY26
Call transcript, Q4 FY25 · 26 May 2025		Q4 FY25Q4 FY26:Management announced the plan for solar panel manufacturing has been postponed indefinitely to focus on BESS, inverters, and EPC.
Call transcript, Q4 FY26 · 10 Jun 2026		Missed
Automatic BESS Line Commissioning2.5 GW by end of FY25
Call transcript, Q4 FY25 · 26 May 2025		Q4 FY25Q4 FY26:First phase commissioned on June 15, 2026 (Q1 FY27), with full 3 GW operation now targeted for Sep 30, 2026 (Q2 FY27). This is a further slip from the previously revised Q4 FY26 timeline.
Call transcript, Q4 FY26 · 10 Jun 2026		Delayed

Source: Inve Guidance Tracker for GP Eco · to Q4 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

3 of GP Eco's 12 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 9 more targets are in the full ledger.

Free account: 5 full ledgers a month and one Inve Case. Pro opens 100 a month, ₹499.
See the full record

Price

₹390.15 +2.73% · +₹10.35

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −20.7% 1Y

₹300₹400₹500Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 13 Nov 2025Q4 FY26 — 10 Jun 2026

1Y: ₹492 on 24 Oct 2025 → ₹390.15. High ₹530.8 (31 Oct 2025), low ₹271.1 (30 Mar 2026).

Previous close
₹379.8
Market cap
₹488 Cr
52-week range
₹271.1 – ₹530.8
One year
−21.41%
Price to earnings (FY ending Mar 2026)
12.20×
Return on equity (FY ending Mar 2026)
45.71%

Overview

Symbol
NSE:GPECO
Industry
Industrials
Exchange
NSE
Currency
INR

What GP Eco does

Based on the company's own presentations, annual report and earnings calls.

GP Eco Solutions distributes solar modules, inverters and energy-storage components through its GPES Solar partner network of EPCs, sub-dealers and OEMs, and executes turnkey solar and BESS projects - from site evaluation to on-site commissioning - through subsidiary GPES Green Projects. Its manufacturing arm, iNVERGY, builds solar inverters and Battery Energy Storage Systems in-house, and integrates lithium-based smart-fuel technology via AN3 Techno Power (FuelON brand), in which it holds a 51% stake. The company also operates a Giga-scale inverter/BESS manufacturing facility at Dasna, Uttar Pradesh, commissioned in 2026, and provides post-installation system monitoring, maintenance and warranty support to customers.

Segments

  • Distribution (GPES Solar)
  • EPC & PMC (GPES Green Projects)
  • Manufacturing (iNVERGY)
  • Smart fuel / battery tech (FuelON / AN3 Techno Power)
  • Post-sale service & O&M
Manufacturing facility
Giga factory at Dasna, Uttar Pradesh (commissioned May 30, 2026)
Partner/distribution network reach
300+ districts across India (FY25)
In-house production output
4,338 inverters/integrated units assembled (FY25)
Employees (group companies)
110+ (FY25)
BESS product range (Invergy brand)
5 kWh - 5 MWh
PV string inverter range (Invergy brand)
1.5 kW - 350 kW
Founded 2009Employees 110 (FY25) Company website

How the price took the results

close before → close after

Q4 FY26
−0.8%
10 Jun
Q2 FY26
−0.1%
13 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Your own record

Start an Inve Case for GP Eco

Free account: one company. Everything above stays public.

Write why you follow GP Eco and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.

What an account adds

Keep reading

Other Capital Goods companies

All Capital Goods companies → · Capital Goods earnings growth →

Learn to analyse GP Eco

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