---
title: "Gujarat Industries Power Co Ltd (GIPCL) — Share Price, Financials & Analysis"
symbol: "GIPCL"
company: "Gujarat Industries Power Co Ltd"
canonical: "https://tapetide.com/stocks/GIPCL"
isin: "INE162A01010"
nse_symbol: "GIPCL"
bse_code: "517300"
sector: "Power"
industry: "Power Generation"
market_cap_cr: 3038.97
generated_at: "2026-09-13T19:17:01.400Z"
---

# Gujarat Industries Power Co Ltd (GIPCL)

Canonical page: https://tapetide.com/stocks/GIPCL

## Company

- **NSE Symbol:** GIPCL
- **BSE Code:** 517300
- **ISIN:** INE162A01010
- **Sector:** Power
- **Industry:** Power Generation
- **Macro Sector:** Utilities
- **Stock Type:** EQUITY
- **Listed Since:** 1995-02-08
- **CEO:** Ms. Vatsala Vasudeva I.A.S.
- **Employees:** 615
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** gipcl.com

## About

Incorporated in 1985, Gujarat Industries is a Public Limited company of the Government of Gujarat. 
The company is engaged in the business of Electrical Power Generation with a present installed generation capacity of 1184.40MW. The Company has a diversified portfolio of Thermal (Gas and Lignite), Wind, and Solar Power Plant Assets in the State of Gujarat.[1]

## Latest Price

- **Price:** ₹199.72
- **Change:** +2.52 (+1.28%)
- **Open:** ₹196.5
- **Day High:** ₹204
- **Day Low:** ₹195.01
- **Previous Close:** ₹197.2
- **Volume:** 428319
- **As Of:** 2026-09-11T10:20:08+00:00

## Key Fundamentals

Observed at 2026-09-11T04:46:32.325666Z.

- **Market Cap:** ₹3038.97 Cr
- **Classification:** Microcap
- **P/E (reported):** 6.2
- **P/E (TTM):** 6.17
- **EPS (TTM):** ₹32.39
- **EPS (reported):** ₹13.81
- **Book Value:** ₹247.41
- **Price to Book:** 0.81
- **Dividend Yield:** 2.08%
- **ROE:** 9.91%
- **ROCE:** 10.52%
- **Debt to Equity:** 0.94
- **Revenue (yearly):** ₹1524.2 Cr
- **Net Income:** ₹254.8 Cr
- **EBITDA:** ₹665 Cr
- **52-Week High:** ₹211.71
- **52-Week Low:** ₹119.9
- **RSI (14):** 66.13

## Tapetide Score

- **Score:** 61 / 100
- **Score date:** 2026-09-04
- **Archetype:** Average Quality, Undemanding Price
- **What it means:** The financials sit mid-range rather than strong, and the multiple is not demanding. Nothing here stands out in either direction, so the read comes down to which single pillar you weight most and whether the next results move it off the middle.
- **Pillar profile:** Quality: Average · Valuation: Cheap · Momentum: Rising
- **Percentile:** 90.4 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 33.73 | 9% |
| growth | 61.42 | 9% |
| momentum | 98.59 | 12% |
| ownership | 53.65 | 24% |
| quality | 51.78 | 22% |
| valuation | 69.98 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 0.81 times its book value
- Company has been maintaining a healthy dividend payout of 25.3%

### Weaknesses

- The company has delivered a poor sales growth of 2.23% over past five years.
- Tax rate seems low
- Company has a low return on equity of 7.87% over last 3 years.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 75.78% | 34.47% | 70.18% |
| ebitda margin growth | 49.05% | 14.79% | 20.23% | 17.76% |
| net income growth | -51.7% | 4.21% | 29% | 17% |
| revenue growth | 29.9% | 8.48% | 3% | 2% |
| roce | 78% | -10.54% | -18.2% | 12% |
| roe | -51.69% | -3.51% | 10.14% | 44.04% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 280 | 354 | 373 | 320 | 276 | 322 | 338 | 372 | 321 | 370 | 428 | 499 |
| Expenses | 218 | 259 | 254 | 204 | 195 | 233 | 219 | 259 | 214 | 248 | 233 | 258 |
| Operating Profit | 62 | 95 | 119 | 116 | 81 | 89 | 119 | 113 | 108 | 122 | 195 | 242 |
| OPM % | 22 | 27 | 32 | 36 | 29 | 28 | 35 | 30 | 34 | 33 | 46 | 48 |
| Other Income | 26 | 16 | 17 | 21 | 17 | 15 | 15 | 19 | 21 | 13 | 42 | 112 |
| Interest | 10 | 9 | 9 | 9 | 8 | 8 | 7 | 7 | 18 | 36 | 49 | 51 |
| Depreciation | 42 | 42 | 42 | 42 | 43 | 43 | 42 | 46 | 64 | 78 | 90 | 91 |
| Profit before tax | 36 | 59 | 85 | 86 | 48 | 53 | 86 | 79 | 46 | 21 | 98 | 211 |
| Tax % | 21 | 21 | 22 | 21 | 27 | 27 | 18 | 28 | 54 | 115 | -234 | 25 |
| Net Profit | 28 | 47 | 66 | 68 | 35 | 39 | 70 | 57 | 21 | -3 | 327 | 158 |
| EPS in Rs | 1.87 | 3.08 | 4.38 | 4.48 | 2.3 | 2.59 | 4.49 | 3.7 | 1.37 | -0.21 | 21.06 | 10.17 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1354 | 1407 | 1379 | 1335 | 1172 | 1356 | 1349 | 1256 | 1491 | 1619 |
| Expenses | 871 | 859 | 874 | 911 | 767 | 948 | 967 | 850 | 953 | 952 |
| Operating Profit | 483 | 548 | 505 | 424 | 406 | 408 | 381 | 406 | 538 | 667 |
| OPM % | 36 | 39 | 37 | 32 | 35 | 30 | 28 | 32 | 36 | 41 |
| Other Income | 51 | -101 | 42 | 30 | 21 | 48 | 76 | 69 | 95 | 188 |
| Interest | 57 | 50 | 51 | 31 | 29 | 38 | 37 | 32 | 111 | 155 |
| Depreciation | 160 | 168 | 191 | 155 | 151 | 165 | 168 | 170 | 278 | 323 |
| Profit before tax | 317 | 228 | 305 | 268 | 247 | 253 | 253 | 273 | 245 | 377 |
| Tax % | 23 | 23 | 19 | 33 | 31 | 26 | 21 | 23 | -64 | — |
| Net Profit | 244 | 176 | 248 | 180 | 171 | 189 | 199 | 211 | 402 | 503 |
| EPS in Rs | 16.17 | 11.66 | 16.4 | 11.89 | 11.33 | 12.48 | 13.12 | 13.62 | 25.93 | 32.39 |
| Dividend Payout % | 17 | 25 | 18 | 23 | 22 | 30 | 30 | 30 | 16 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 151 | 151 | 151 | 151 | 151 | 151 | 151 | 151 | 155 | 155 |
| Reserves | 2085 | 2308 | 2419 | 2597 | 2704 | 2893 | 3003 | 3154 | 3369 | 3685 |
| Borrowings | 417 | 617 | 573 | 447 | 480 | 529 | 493 | 614 | 2028 | 3594 |
| Other Liabilities | 761 | 710 | 688 | 734 | 794 | 830 | 839 | 1298 | 2015 | 1992 |
| Total Liabilities | 3414 | 3786 | 3831 | 3930 | 4129 | 4403 | 4487 | 5218 | 7567 | 9426 |
| Fixed Assets | 2522 | 2680 | 2632 | 2883 | 2628 | 3056 | 2951 | 2981 | 2830 | 6018 |
| CWIP | 24 | 6 | 167 | 5 | 292 | 41 | 75 | 437 | 3266 | 2066 |
| Investments | 281 | 328 | 90 | 60 | 88 | 148 | 106 | 124 | 106 | 96 |
| Other Assets | 587 | 772 | 942 | 982 | 1121 | 1158 | 1355 | 1678 | 1366 | 1245 |
| Total Assets | 3414 | 3786 | 3831 | 3930 | 4129 | 4403 | 4487 | 5218 | 7567 | 9426 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 433 | 337 | 590 | 445 | 193 | 362 | 410 | 562 | 610 | 649 |
| Cash from Investing Activity | -459 | -389 | -239 | -113 | -231 | -340 | -128 | -217 | -2149 | -2238 |
| Cash from Financing Activity | -161 | 103 | -142 | -222 | -47 | -25 | -110 | -190 | 1399 | 1381 |
| Net Cash Flow | -187 | 51 | 209 | 109 | -85 | -2 | 172 | 155 | -140 | -208 |
| Free Cash Flow | -43 | -41 | 337 | 330 | -47 | 29 | 284 | 100 | -1574 | -1667 |
| CFO/OP | 112 | 85 | 117 | 100 | 57 | 100 | 111 | 160 | 162 | 128 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 69 | 70 | 56 | 51 | 81 | 101 | 83 | 76 | 58 | 64 |
| Cash Conversion Cycle | 69 | 70 | 56 | 51 | 81 | 101 | 83 | 76 | 58 | 64 |
| Working Capital Days | -23 | -12 | -8 | 38 | 65 | 79 | 86 | 58 | -139 | -88 |
| ROCE % | 15 | 13 | 16 | 11 | 9 | 8 | 8 | 8 | 6 | 5 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 55.69% | 55.43% | 55.43% | 55.43% | 55.43% | 55.43% | 56.57% | 56.57% | 56.57% | 56.57% | 56.57% | 56.57% |
| FIIs | 3.88% | 3.86% | 4.97% | 4.68% | 4.49% | 4.79% | 4.21% | 4.03% | 3.69% | 2.63% | 2.74% | 2.89% |
| DIIs | 6% | 5.78% | 5.92% | 5.87% | 6.28% | 6.04% | 5.68% | 5.6% | 5.15% | 4.96% | 5.07% | 4.99% |
| Government | 7.64% | 7.64% | 7.64% | 7.64% | 7.64% | 7.64% | 7.44% | 7.44% | 7.44% | 7.44% | 7.44% | 1.44% |
| Public | 20.52% | 21.53% | 20.76% | 20.83% | 20.9% | 20.07% | 20.28% | 20.99% | 21.74% | 22.26% | 22.21% | 22.03% |
| Others | 6.26% | 5.76% | 5.29% | 5.55% | 5.26% | 6.04% | 5.83% | 5.36% | 5.41% | 6.14% | 5.96% | 12.09% |
| No. of Shareholders | 74802 | 82412 | 99346 | 97729 | 96409 | 91133 | 91449 | 92374 | 93707 | 93141 | 91261 | 90955 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 10 / 5 / 4

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 202.12 | Sell |
| EMA (10) | 199.79 | Sell |
| SMA (20) | 192.95 | Buy |
| EMA (20) | 193.57 | Buy |
| SMA (50) | 175 | Buy |
| EMA (50) | 180.26 | Buy |
| SMA (100) | 166.57 | Buy |
| EMA (100) | 170.31 | Buy |
| SMA (200) | 155.54 | Buy |
| EMA (200) | 166.15 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 63.55 | Neutral |
| MACD (12,26,9) | 8.63 | Sell |
| Stochastic (14,3,3) | 71.08 | Neutral |
| ADX (14) | 40.06 | Buy |
| Williams %R (14) | -34.95 | Neutral |
| ATR (14) | 6.4 | High Volatility |
| ROC (12) | -0.87 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 45.73 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7117b519-c93e-41eb-a6e1-6bcb0c858df6.pdf) |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1bfe7826-b09a-44b2-88d0-816e83dd9281.pdf) |
| 2026-09-03 | [GIPCL: 41ST AGM Annual Report And KYC Intimation To The Holders Of Physical Securities And Non E-Mail Registered Members.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a7dbc3f0-243c-43a1-bac7-cb63b8055bdf.pdf) |
| 2026-09-03 | [GIPCL Addendum To The Notice Of 41St Annual General Meeting Of The Company Scheduled To Be Held On 19/09/2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9bfc9f0a-2aa2-4e1e-a6b0-fc157b841752.pdf) |
| 2026-08-31 | [Announcement under Regulation 30 (LODR)-Cessation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=150d8f6f-f28c-4e54-93f6-68726912b4e0.pdf) |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=14138028-c821-4184-b7f0-164de67fead0.pdf) |
| 2026-08-24 | [GIPCL: Intimation Regarding 41St AGM Of The Company Scheduled To Be Held On 19/09/2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9b0fbd62-5107-42ca-a761-0a4349cc61e1.pdf) |
| 2026-08-24 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8370ace3-336f-4e79-bd36-954e955014d7.pdf) |
| 2026-08-24 | [Business Responsibility and Sustainability Reporting (BRSR)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=04527f2e-71db-41d7-9127-8ec2566d74aa.pdf) |
| 2026-08-24 | [Announcement under Regulation 30 (LODR)-Date of payment of Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7bcbeba9-cf7c-4f5b-831f-57b8f239e396.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-11 | [Result For The Q1 Of FY 2026-27 Period Ended On 30/06/2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=83d53462-934d-48ff-8450-f3f11ac76ea0.pdf) |
| 2026-05-29 | [GIPCL: Standalone Audited Financial Result For The Q4 And Year Ended On 31/03/2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c17f65b8-27e3-4b44-981e-4f68be3656e5.pdf) |
| 2026-02-12 | [Unaudited Financial Results For Q3 Of F.Y. 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=34351f68-72b1-49a2-98f0-5868dd2008a6.pdf) |
| 2025-11-12 | [UFR Of Q2 Of FY 2025-26 Ended On 30-09-2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8e8bf11-a0a0-4554-b87d-7a538a0488cf.pdf) |
| 2025-08-12 | [Quarterly Unaudited Results For Q1 Of F.Y. 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a198f84a-5544-4d40-81bb-7a8c59a0daef.pdf) |
| 2025-05-22 | [Result For The FY 2024-25](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=68ab3a85-4f87-4042-b8d6-9fdf4f52cb3d.pdf) |
| 2025-02-11 | [GIPCL - Quarter End 31/12/2024 F.Y. 2024-25 Result Submission.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ab3b03df-e12d-4f07-8786-70551af37880.pdf) |
| 2024-11-12 | [Submission Of UFR_Q2 And H1 Of FY 2024-25](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0306833e-58b4-4fda-a02e-71e8059834d2.pdf) |
| 2024-08-12 | [Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=99d28e8d-9ed1-4309-808c-c36a4b40db37.pdf) |
| 2024-05-18 | [AFR Of Q4 FY 2023-24 Ended On 31/03/2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0c98f36e-2fc4-4615-8aed-58674c898ae6.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=02f11439-becd-4b0d-bc49-6d46588dd38b.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/02f11439-becd-4b0d-bc49-6d46588dd38b.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c3184609-662c-4ff2-abe1-91849743b127.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c3184609-662c-4ff2-abe1-91849743b127.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0acfa0b4-dd84-4409-a8ee-52f0f9c907e1.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0acfa0b4-dd84-4409-a8ee-52f0f9c907e1.pdf) |
| Jun 2023 | [Concall - Jun 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1634b14d-6cf7-4861-bda1-8b5412ff46cb.pdf) |
| Jun 2023 | [Concall - Jun 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1634b14d-6cf7-4861-bda1-8b5412ff46cb.pdf) |
| Dec 2023 | [Concall - Dec 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/be7cd36e-74bc-4366-9131-3b9ce0f18bfb.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Board appointed Smt. Shalini Agarwal, IAS, as Additional Director nominee on 22 April 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 9h - Board appointed Smt. Shalini Agarwal, IAS, as Additional Director nominee on 22 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/eba06b0f-51de-409e-ad4e-3cc9b2fbf1f6.pdf) |
| 9h - Board appointed Shalini Agarwal, IAS, as additional nominee director effective 22 April 2026. | [Board Meeting Outcome for Outcome Of Board Meeting 9h - Board appointed Shalini Agarwal, IAS, as additional nominee director effective 22 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/35229228-aaf7-4f96-8fa6-5e81faf75210.pdf) |
| 9 Mar - Board meeting scheduled for March 9, 2026 cancelled; new date to be notified. | [Intimation Regarding Cancellation Of Board Meeting. 9 Mar - Board meeting scheduled for March 9, 2026 cancelled; new date to be notified.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fbe3e32c-2db7-44b6-b23a-958eb8ee7d18.pdf) |
| 6 Apr - Regulation 74(5) certificate for Q4 ended 31 March 2026 submitted. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Regulation 74(5) certificate for Q4 ended 31 March 2026 submitted.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a9718f53-0413-4b84-8487-609d0a302343.pdf) |
| 27 Mar - Postal ballot concluded 26-Mar-2026; appointed Sanjay S. Bhatt; approved FY2026-27 related-party transactions (99.99% and 99.93%). | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 27 Mar - Postal ballot concluded 26-Mar-2026; appointed Sanjay S. Bhatt; approved FY2026-27 related-party transactions (99.99% and 99.93%).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/20c65df6-ccf8-4a98-80a4-112b1ea36a9a.pdf) |
| 24 Feb - Newspaper Publication of postal ballot notice dated 20/02/2026. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 24 Feb - Newspaper Publication of postal ballot notice dated 20/02/2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9e12570c-efbb-4fdc-84bc-f3be05bba47d.pdf) |
| 22 Apr - Board appointed Smt. Shalini Agarwal, IAS, as Additional Director nominee on 22 April 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 22 Apr - Board appointed Smt. Shalini Agarwal, IAS, as Additional Director nominee on 22 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eba06b0f-51de-409e-ad4e-3cc9b2fbf1f6.pdf) |
| 22 Apr - Board appointed Shalini Agarwal, IAS, as additional nominee director effective 22 April 2026. | [Board Meeting Outcome for Outcome Of Board Meeting 22 Apr - Board appointed Shalini Agarwal, IAS, as additional nominee director effective 22 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/35229228-aaf7-4f96-8fa6-5e81faf75210.pdf) |
| 21 Mar - Regarding opening of another Special Window for Transfer and Dematerialisation of Physical Securities. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Mar - Regarding opening of another Special Window for Transfer and Dematerialisation of Physical Securities.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f409b100-48a4-4ed8-a9f1-be1adfc9cc98.pdf) |
| 2 Mar - Board to meet on 9 March 2026; notice sent to BSE and NSE. | [Board Meeting Intimation for Gujarat Industries Power Company Limited Scheduled To Be Held On 09Th March, 2026. 2 Mar - Board to meet on 9 March 2026; notice sent to BSE and NSE.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/24531950-e9b4-48a4-b11b-d9c661c78b97.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_GIPCL_2011_2012_31122012040909.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6beced05-66c6-44fb-99fa-6f4c9236153d.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f5eb3ac5-d310-45da-aa78-56ea2e1c536f.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0473b8a4-28d9-428e-93dd-6cd30dc35c37.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/517300/74903517300.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/517300/70281517300.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/517300/67552517300.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/517300/5173000319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/517300/5173000318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/517300/5173000317.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2023-12-04 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=be7cd36e-74bc-4366-9131-3b9ce0f18bfb.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2023-06-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=76cee7f8-3baf-437c-b07f-8b90fd0e5cce.pdf) |
| 2022-11-03 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c9321bee-f928-43f9-b5b4-c8b00fea6341.pdf) |
| 2022-06-07 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a81b765c-905a-42a4-9152-4f5c135055cf.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:17:01.400Z.