Gensol Engineering Ltd
NSE: GENSOL · Other Electrical Equipment · sector
Key numbers
Last 12 months to Dec 2024, Consolidated. "Sector median" = middle value of 59 companies in Other Electrical Equipment (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹379 cr vs borrowings ₹1,397 cr (FY24): borrowings are higher by ₹1,018 cr.
- Operating profit covered interest 1.5x in the last 12 months.
- 95.10% of the promoters' shares are pledged (34.1% of all shares).
- Promoter holding fell by 26.75 percentage points in a year, to 35.87% (2025-03-31).
- Other income was 17% of net profit in the last 12 months.
- No dividend in the last 1 financial years.
- Price ₹10.62 on 2026-10-26: -70.0% from the 52-week high, +15.4% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | 145 | 199 | 220 | 399 | 295 | 346 | 345 |
| EBITDA | 37 | 49 | 63 | 79 | 88 | 107 | 62 |
| OPM % | 25.3% | 24.7% | 28.6% | 19.7% | 29.7% | 30.8% | 18.1% |
| Other income | 7 | 6 | 7 | 13 | 1 | 0 | 1 |
| Net profit | 10 | 12 | 13 | 24 | 20 | 29 | 17 |
| EPS (₹) | 2.74 | 3.24 | 3.49 | 6.44 | 5.41 | 7.75 | 4.46 |
| Revenue YoY | +104.1% | +73.7% | +56.4% | ||||
| Profit YoY | +100.0% | +146.5% | +28.8% |
Consolidated figures where filed. Latest quarter Dec 2024.
Profit & loss (yearly)
| ₹ cr | FY24 | TTM |
|---|---|---|
| Revenue | 963 | 1,385 |
| EBITDA | 228 | 335 |
| Net profit | 60 | 91 |
| EPS (₹) | 15.80 | 24.06 |
| Dividend / share (₹) | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -88.2% (2y) | -68.8% |
Balance sheet
| ₹ cr | FY24 |
|---|---|
| Shareholders' equity | 326 |
| Borrowings | 1,397 |
| Cash & equivalents | 379 |
| Total assets | 2,328 |
| Fixed assets | 646 |
| Capital work in progress | 88 |
| Investments | 7 |
| Receivables | 228 |
| Inventory | 12 |
| Payables | 87 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY24 |
|---|---|
| Cash from operations | -98 |
| Cash from investing | -667 |
| Cash from financing | 859 |
| Capex | 478 |
| Free cash flow | -577 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY24 |
|---|---|
| ROE % | 18.3% |
| ROCE % | 10.8% |
| Debtor days | 86 |
| Inventory days | 7 |
| Payable days | 49 |
| Cash conversion cycle (days) | 44 |
| Working capital days | 112 |
Peers in Other Electrical Equipment
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| WAAREEENER | ₹66,706 cr | 17.5x | 4.6x | 23.0% | 33.2% | 20.2% | – | 0.08% |
| APARINDS | ₹59,456 cr | 50.3x | 11.0x | 11.6% | 32.9% | 8.7% | +16.9% | 0.35% |
| PREMIERENE | ₹38,159 cr | 22.6x | 8.8x | 46.7% | 29.7% | 30.0% | – | 0.08% |
| MTARTECH | ₹20,247 cr | 151.7x | 24.6x | 17.2% | 18.3% | 20.7% | +15.2% | – |
| DIACABS | ₹17,127 cr | 87.1x | – | – | 13.0% | 11.7% | – | – |
| EMMVEE | ₹16,647 cr | 11.6x | 3.8x | 53.0% | 34.1% | 34.7% | – | – |
| AVALON | ₹13,377 cr | 100.0x | 18.5x | 20.0% | 21.9% | 11.4% | +19.3% | 0.00% |
| UTLSOLAR | ₹11,168 cr | 36.1x | 8.8x | 23.1% | 25.4% | 14.6% | – | – |
| GENUSPOWER | ₹7,216 cr | 11.1x | 3.2x | 31.9% | 22.2% | 18.8% | +80.5% | 0.84% |
| GENSOL | ₹40 cr | 0.4x | 0.1x | 20.8% | 15.9% | 24.2% | – | – |
Business segments (FY24)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| SOLAR EPC | ₹831 cr | 85.9% | ₹135 cr | 16.3% |
| LEASE | ₹134 cr | 13.9% | ₹-28 cr | -20.9% |
| OTHERS | ₹2 cr | 0.2% | ₹-2 cr | -86.2% |
| EV MANUFACTURING | ₹0 cr | – | ₹-6 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2023-10-17 | Bonus | Bonus 2:1 |
Documents
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Other Electrical Equipment |
| Sub-industry | Other Electrical Equipment |
| Symbol | GENSOL |
| BSE code | 542851 |
| ISIN | INE06H201014 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.