Gujarat Industries Power Company Limited (GIPCL), incorporated in 1985, is a Public Limited Company under the Energy and Petrochemicals Department of the Government of Gujarat. Registered with the Registrar of Companies, Gujarat, under the Companies Act of 1956, the company’s registered and corporate office is located in Ranoli, Vadodara. GIPCL is promoted by prominent state enterprises, including Gujarat State Fertilizers and Chemicals Ltd. (GSFC), Gujarat Alkalies and Chemicals Ltd. (GACL), and Gujarat Urja Vikas Nigam Ltd. (GUVNL), reflecting its strong institutional backing. With a current installed generation capacity of 1184.4 MW, GIPCL has a diversified power generation portfolio comprising thermal power plants (using lignite and gas) and renewable energy assets, including wind and solar power. The company also operates captive lignite and limestone mines to support the fuel needs of its 500 MW Surat Lignite Power Plant. Through its integrated operations and commitment to sustainable energy development, GIPCL plays a vital role in meeting Gujarat’s energy demands.
Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
Promoters + | 55.43% | 55.43% | 55.43% | 55.43% | 55.43% |
FIIs + | 3.86% | 4.97% | 4.67% | 4.49% | 4.78% |
DIIs + | 5.97% | 5.91% | 5.86% | 6.27% | 6.04% |
Government + | 7.64% | 7.64% | 7.64% | 7.64% | 7.64% |
Public + | 27.11% | 26.07% | 26.40% | 26.16% | 26.11% |
No. of Shareholders | 82,412 | 99,346 | 97,729 | 96,409 | 91,133 |
The shareholding pattern of Gujarat Industries Power Co. Ltd. (GIPCL) for the period from December 2023 to December 2024 showcases stability and minor fluctuations across different shareholder categories. Promoters consistently held a majority stake of 55.43% throughout this period, ensuring strong institutional control. Foreign Institutional Investors (FIIs) showed slight variations, with their holdings increasing from 3.86% in December 2023 to 4.97% in March 2024, followed by minor adjustments, settling at 4.78% in December 2024. Domestic Institutional Investors (DIIs) maintained steady interest, with holdings ranging between 5.86% and 6.27%, reflecting consistent domestic support. Government ownership remained constant at 7.64% during the year, underscoring its strategic stake. The public shareholding experienced marginal changes, starting at 27.11% in December 2023, dipping slightly to 26.07% in March 2024, and closing at 26.11% in December 2024. The total number of shareholders showed a declining trend, from 82,412 in December 2023 to 91,133 in December 2024, indicating a consolidation in the investor base. This shareholding structure highlights Gujarat Industries Power Co.’s stable ownership and diverse investor representation.
Below are the trading platforms that you can use to purchase Gujarat Industries Power Co:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
March 2025 | 197.77 | 152.13 |
April 2025 | 195.81 | 150.62 |
May 2025 | 190.11 | 146.24 |
June 2025 | 198.66 | 152.82 |
July 2025 | 194.77 | 149.82 |
August 2025 | 200.79 | 154.45 |
September 2025 | 203.20 | 156.31 |
October 2025 | 208.48 | 160.37 |
November 2025 | 213.70 | 164.38 |
December 2025 | 223.31 | 171.78 |
As we Step through 2025, the share price of Gujarat Industries Power Co. is expected to demonstrate steady movements. In March 2025, the maximum price is projected to reach ₹197.77, while the minimum price may be around ₹152.13. Moving toward the end of the year, December 2025 is anticipated to witness the maximum price climbing to ₹223.31, with the minimum price settling at ₹171.78.
When | Maximum Price | Minimum Price |
January 2026 | 230.01 | 176.93 |
February 2026 | 224.26 | 172.51 |
March 2026 | 228.75 | 175.96 |
April 2026 | 233.41 | 179.55 |
May 2026 | 231.10 | 177.77 |
June 2026 | 236.88 | 182.22 |
July 2026 | 232.24 | 178.64 |
August 2026 | 239.42 | 184.17 |
September 2026 | 244.21 | 187.85 |
October 2026 | 250.56 | 192.74 |
November 2026 | 256.82 | 197.55 |
December 2026 | 263.24 | 202.49 |
As we move forward into 2026, the share price of Gujarat Industries Power Co. is expected to exhibit steady growth. In January 2026, the maximum price is estimated to reach ₹230.01, with the minimum price likely around ₹176.93. By December 2026, the share price is anticipated to rise further, with the maximum price projected at ₹263.24 and the minimum price at ₹202.49.
When | Maximum Price | Minimum Price |
January 2027 | 265.87 | 204.52 |
February 2027 | 272.69 | 209.76 |
March 2027 | 283.33 | 217.94 |
April 2027 | 277.77 | 213.67 |
May 2027 | 269.68 | 207.45 |
June 2027 | 281.82 | 216.78 |
July 2027 | 276.29 | 212.53 |
August 2027 | 284.83 | 219.10 |
September 2027 | 294.80 | 226.77 |
October 2027 | 302.47 | 232.67 |
November 2027 | 310.03 | 238.49 |
December 2027 | 317.78 | 244.45 |
When | Maximum Price | Minimum Price |
January 2028 | 324.14 | 249.34 |
February 2028 | 332.45 | 255.73 |
March 2028 | 345.41 | 265.70 |
April 2028 | 338.64 | 260.49 |
May 2028 | 328.78 | 252.91 |
June 2028 | 343.57 | 264.29 |
July 2028 | 336.84 | 259.10 |
August 2028 | 347.25 | 267.12 |
September 2028 | 359.41 | 276.47 |
October 2028 | 368.75 | 283.66 |
November 2028 | 377.97 | 290.75 |
December 2028 | 387.42 | 298.02 |
When | Maximum Price | Minimum Price |
January 2029 | 395.17 | 303.98 |
February 2029 | 405.30 | 311.77 |
March 2029 | 421.11 | 323.93 |
April 2029 | 412.85 | 317.58 |
May 2029 | 400.83 | 308.33 |
June 2029 | 418.86 | 322.20 |
July 2029 | 410.65 | 315.88 |
August 2029 | 423.35 | 325.65 |
September 2029 | 438.17 | 337.05 |
October 2029 | 449.56 | 345.82 |
November 2029 | 460.80 | 354.46 |
December 2029 | 472.32 | 363.32 |
When | Maximum Price | Minimum Price |
January 2030 | 481.77 | 370.59 |
February 2030 | 494.12 | 380.09 |
March 2030 | 513.39 | 394.91 |
April 2030 | 503.32 | 387.17 |
May 2030 | 488.66 | 375.89 |
June 2030 | 510.65 | 392.81 |
July 2030 | 500.64 | 385.11 |
August 2030 | 516.12 | 397.02 |
September 2030 | 534.19 | 410.91 |
October 2030 | 548.08 | 421.60 |
November 2030 | 561.78 | 432.14 |
December 2030 | 575.82 | 442.94 |
As we progress through 2030, the share price of Gujarat Industries Power Co is expected to experience a steady upward trend. In January 2030, the maximum price is projected to reach ₹481.77, with the minimum price estimated at ₹370.59. By December 2030, the share price is anticipated to rise further, with the maximum price expected to climb to ₹575.82, while the minimum price may settle at ₹442.94.
Financial Condition of Gujarat Industries Power Co
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 1,379 | 1,335 | 1,172 | 1,356 | 1,349 | 1,291 |
Expenses + | 874 | 911 | 767 | 948 | 967 | 885 |
Operating Profit | 505 | 424 | 406 | 408 | 381 | 406 |
OPM % | 37% | 32% | 35% | 30% | 28% | 31% |
Other Income + | 42 | 30 | 21 | 48 | 76 | 70 |
Interest | 51 | 31 | 29 | 38 | 37 | 34 |
Depreciation | 191 | 155 | 151 | 165 | 168 | 170 |
Profit before tax | 305 | 268 | 247 | 253 | 253 | 273 |
Tax % | 19% | 33% | 31% | 26% | 21% | |
Net Profit + | 248 | 180 | 171 | 189 | 199 | 208 |
EPS in Rs | 16.4 | 11.89 | 11.33 | 12.48 | 13.12 | 13.75 |
Dividend Payout % | 18% | 23% | 22% | 30% | 30% |
Gujarat Industries Power Co has demonstrated a stable financial performance over the past few years, reflecting its steady operational efficiency. From March 2020 to March 2024, the company’s sales figures have shown consistency, with a peak of ₹1,379 crore in March 2020 and a slight variation thereafter, recording ₹1,349 crore in March 2024. The trailing twelve months (TTM) sales stand at ₹1,291 crore, indicating sustained revenue generation.
Expenses have been managed effectively, decreasing from ₹911 crore in March 2021 to ₹885 crore in TTM, ensuring that operating profits remained healthy. Operating Profit Margins (OPM) were highest at 37% in March 2020 but have declined slightly to 28% by March 2024, with TTM OPM at 31%, reflecting operational resilience despite fluctuating market conditions.
Net profit figures for Gujarat Industries Power Co reveal a steady upward trend, growing from ₹171 crore in March 2022 to ₹199 crore in March 2024, with TTM net profit reaching ₹208 crore. The Earnings Per Share (EPS) also increased from ₹11.33 in March 2022 to ₹13.12 in March 2024, showcasing consistent value delivery to shareholders. Dividend payouts have also been generous, rising from 22% in March 2022 to 30% in March 2024, highlighting the company’s commitment to rewarding its investors.
FAQs
Answer: The projected maximum Gujarat Industries Power Co share price for 2025 is Rs. Rs 223.31, and the minimum is Rs 146.24.
Answer: You can view the latest Gujarat Industries Power Co share price on the official Gujarat Industries Power Co website or on any financial news website.
Is investing in Gujarat Industries Power Co a good idea?
Answer: Investing in Gujarat Industries Power Co is a subjective matter and depends on your risk appetite and the current market conditions.
What is the current dividend yield of Gujarat Industries Power Co?
Answer: The current dividend yield of Gujarat Industries Power Co is 30%.
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Conclusion
Gujarat Industries Power Company Limited (GIPCL) showcases a strong operational and financial profile backed by strong institutional promoters and a diversified energy portfolio. The company has demonstrated consistent financial performance, with stable sales, controlled expenses, and a steady increase in net profit and EPS over recent years. The shareholding pattern reflects stability, with a majority stake held by promoters and consistent participation from institutional investors.
The projected share price targets from 2025 to 2030 indicate a positive growth trajectory, supported by the company’s operational resilience and commitment to sustainable energy. Overall, GIPCL remains a significant contributor to Gujarat’s energy demands while offering promising growth prospects for investors.
What did we learn?
- 1 Shareholdings Patterns of Gujarat Industries Power Co
- 2 How to Purchase Gujarat Industries Power Co Shares?
- 3 Gujarat Industries Power Co Share Price Prediction 2025, 2026 to 2030
- 3.1 Gujarat Industries Power Co Share Price Traget 2025
- 3.2 Gujarat Industries Power Co Share Price Prediction 2026
- 3.3 Gujarat Industries Power Co Share Price Target 2027
- 3.4 Gujarat Industries Power Co Share Price Prediction 2028
- 3.5 Gujarat Industries Power Co Share Price Target 2029
- 3.6 Gujarat Industries Power Co Share Price Prediction 2030
- 4 Financial Condition of Gujarat Industries Power Co
- 5 FAQs
- 6 Conclusion