GVK POW. & Infra Ltd.
NSE: GVKPIL · Power Generation · sector
₹2.04NSE close 2026-10-26
Key numbers
Market cap₹322 cr
Price₹2.04
52w high / low₹4 / ₹2
P/E–Sector median 18.7x
P/B–Sector median 1.5x
Book value₹-9.2
Dividend yield–Sector median 1.39%
ROE–Sector median 4.5%
ROCE–Sector median 6.2%
OPM–Sector median 33.3%
Debt / equity–Sector median 0.90x
EV/EBITDA–Sector median 9.8x
Interest cover–
Current ratio0.80x
Sales growth 3y-66.4%Sector median +3.1%
Profit growth 3y–Sector median +19.3%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 35 companies in Power Generation (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹78 cr vs borrowings ₹701 cr (FY26): borrowings are higher by ₹623 cr.
- Borrowings fell in each of the last 3 years (₹5,864 cr → ₹701 cr).
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY22).
- Net loss in 7 of the last 8 quarters.
- Revenue was higher than a year earlier in 0 of the last 4 quarters.
- Debtor days went from 17 (FY24) to 0 (FY26).
- No dividend in the last 5 financial years.
- Price ₹2.04 on 2026-10-26: -44.1% from the 52-week high, 0.0% 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
Weekly close · high ₹7.12 · low ₹2.04
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 391 | 143 | 44 | 81 | 0 | 0 | 0 | 0 |
| EBITDA | 961 | 115 | -31 | -1,326 | -3 | -3 | -4 | -2 |
| OPM % | 245.8% | 80.4% | -71.1% | -1,646.2% | – | – | – | – |
| Other income | 22 | 18 | 20 | 2 | 1 | 2 | 1 | 2 |
| Net profit | 722 | -14 | -132 | -834 | -1 | -1 | -3 | -1 |
| EPS (₹) | 4.57 | -0.09 | -0.83 | -5.28 | -0.01 | -0.01 | -0.02 | 0.00 |
| Revenue YoY | -100.0% | -100.0% | -100.0% | -100.0% | ||||
| Profit YoY | -100.2% | – | – | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 858 | 2,120 | 1,080 | 802 | 81 | 0 |
| EBITDA | 796 | 4,560 | 927 | 1,223 | -1,336 | -12 |
| Net profit | 2,645 | -1 | 20 | 565 | -840 | -6 |
| EPS (₹) | 16.75 | 15.44 | -0.13 | 3.58 | -5.32 | -0.04 |
| Revenue growth | +147.1% | -49.1% | -25.7% | -90.0% | -100.0% | |
| Profit growth | -100.0% | – | +2,670.3% | -248.5% | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -66.4% | -23.6% | -100.0% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -35.3% (2y) | -36.3% |
Balance sheet
| ₹ cr | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Shareholders' equity | – | – | -1,151 | -1,182 | -617 | -1,457 |
| Borrowings | – | – | 5,864 | 4,599 | 3,370 | 701 |
| Cash & equivalents | – | – | 1,940 | 2,120 | 726 | 78 |
| Total assets | – | – | 7,689 | 7,809 | 5,169 | 570 |
| Fixed assets | – | – | 3,734 | 3,513 | 3,291 | 0 |
| Capital work in progress | – | – | 8 | – | – | – |
| Investments | – | – | 71 | 71 | 0 | 0 |
| Receivables | – | – | 48 | 49 | 31 | 0 |
| Inventory | – | – | 9 | 11 | 14 | 0 |
| Payables | – | – | 24 | 12 | 11 | 1 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Cash from operations | 377 | 343 | 1,620 | 794 | 599 | 6 |
| Cash from investing | -94 | 273 | -102 | -159 | 81 | 320 |
| Cash from financing | -221 | -535 | -1,484 | -638 | -830 | -518 |
| Capex | 0 | 0 | 4 | 0 | 10 | 0 |
| Free cash flow | 377 | 343 | 1,617 | 794 | 589 | 6 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ROE % | – | – | 0.0% | -1.7% | -91.5% | 57.6% |
| ROCE % | – | – | 89.5% | 22.7% | 39.1% | 178.6% |
| Debtor days | – | – | 8 | 17 | 14 | 0 |
| Inventory days | – | – | 7 | 4 | 6 | 0 |
| Payable days | – | – | 17 | 4 | 5 | 4 |
| Cash conversion cycle (days) | – | – | -2 | 17 | 15 | -4 |
| Working capital days | – | – | -250 | -370 | -996 | -418 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 54.25% |
| FIIs | 0.02% |
| DIIs | 0.35% |
| of which Insurance | 0.33% |
| Government | 0.00% |
| Public (non-institutions) | 45.38% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 54.25% | 54.25% | 54.25% | 54.25% | 54.25% | 54.25% | 54.25% | 54.25% |
| Promoter group | % |
|---|---|
| Vertex Projects LLP | 46.41% |
| G V Krishna Reddy | 4.31% |
| G V Sanjay Reddy | 3.53% |
| Krishna RAM Bhupal | 0.00% |
| Shalini Bhupal | 0.00% |
4,43,283 shareholders. Pledged: 0.00% of promoter shares.
Peers in Power Generation
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| NTPC | ₹2,90,900 cr | 10.5x | 1.4x | 14.3% | 8.7% | 30.9% | +2.1% | 3.01% |
| ADANIGREEN | ₹2,05,875 cr | 113.6x | 9.5x | 9.1% | 7.3% | 86.3% | +18.4% | 0.16% |
| JSWENERGY | ₹82,396 cr | 40.1x | 2.7x | 6.8% | 7.2% | 53.2% | +22.3% | 0.44% |
| NHPC | ₹70,878 cr | 18.7x | 1.7x | 9.4% | 5.0% | 47.4% | +3.1% | 3.33% |
| NTPCGREEN | ₹68,877 cr | 115.1x | 3.6x | 3.2% | 3.6% | 87.1% | – | – |
| NLCINDIA | ₹31,803 cr | 9.6x | 1.5x | 15.7% | 9.0% | 33.3% | +2.7% | 2.31% |
| ACMESOLAR | ₹26,965 cr | 39.0x | 5.3x | 12.6% | 8.6% | 87.6% | – | 0.09% |
| SJVN | ₹19,256 cr | 30.2x | 1.4x | 4.5% | 5.5% | 69.8% | +15.5% | 2.97% |
| CLEANMAX | ₹13,612 cr | 127.6x | 2.9x | 2.0% | 5.4% | 59.2% | – | – |
| GVKPIL | ₹322 cr | – | – | – | – | – | -66.4% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Power | ₹83 cr | 100.0% | ₹50 cr | 60.5% |
| others | ₹0 cr | – | ₹-365 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-12-27 | Other | Annual General Meeting |
| 2023-08-25 | Other | Annual General Meeting |
| 2022-08-18 | Other | Annual General Meeting |
| 2022-02-17 | Other | Annual General Meeting |
| 2021-10-21 | Other | Annual General Meeting |
| 2019-09-19 | Other | Annual General Meeting |
| 2018-11-06 | Other | Annual General Meeting |
| 2017-09-21 | Other | Annual General Meeting |
| 2016-08-05 | Other | Annual General Meeting |
| 2015-08-06 | Other | Annual General Meeting |
| 2014-08-07 | Other | Annual General Meeting |
| 2013-08-01 | Other | Annual General Meeting |
| 2012-08-02 | Other | Annual General Meeting |
| 2011-07-28 | Other | Annual General Meeting |
| 2010-07-21 | Other | Annual General Meeting |
| 2009-07-22 | Other | Annual General Meeting |
| 2008-07-23 | Other | Agm |
| 2008-02-08 | Split | Fv Split Rs.10/- To Re.1/ |
| 2007-11-29 | Other | Agm |
| 2006-11-06 | Dividend | Interim Dividend-25% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- 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 | Utilities |
| Industry | Power Generation |
| Sub-industry | Power Generation |
| Symbol | GVKPIL |
| BSE code | 532708 |
| ISIN | INE251H01024 |
| Face value | ₹1.0 |
| 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.