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Gensol Engineering Overview

Gensol Engineering Ltd offers solar advisory and engineering, procurement, and construction (EPC). The enterprise gives solar advisory offerings comprising owners engineering services, inclusive of pre bid assistance, targeted venture file and financial closure assistance, construction supervision, and facilitating permits and clearances, in addition to design, engineering, and plant hand over services; lender engineering services that consists of pre monetary closure due diligence, pre disbursement inspection, and overall performance acceptanc...Read More

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Gensol Engineering Key Financials

Market Cap ₹70 Cr.

Stock P/E 1.3

P/B 0.1

Current Price ₹18.2

Book Value ₹ 167.8

Face Value 10

52W High ₹166.3

Dividend Yield 0%

52W Low ₹ 18.6

Gensol Engineering Share Price

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Volume
Price

Gensol Engineering Quarterly Price

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Gensol Engineering Peer Comparison

Gensol Engineering Quarterly Results

#(Fig in Cr.) Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
Net Sales 81 51 164 145 305 264 399 295 346 345
Other Income 0 1 3 7 6 7 13 12 13 8
Total Income 81 52 167 152 310 271 412 307 359 353
Total Expenditure 64 35 135 108 258 212 320 207 240 282
Operating Profit 18 17 32 44 53 59 92 99 119 70
Interest 4 6 12 17 21 32 39 46 88 47
Depreciation 5 7 10 13 0 3 24 26 6 7
Exceptional Income / Expenses 0 0 0 0 0 0 -0 0 0 0
Profit Before Tax 9 4 11 14 32 23 29 27 25 16
Provision for Tax 1 6 3 4 14 6 9 12 2 -2
Profit After Tax 8 -2 7 10 18 17 20 15 23 18
Adjustments -0 0 -0 0 1 1 4 5 6 -1
Profit After Adjustments 8 -2 7 10 18 18 24 20 29 17
Adjusted Earnings Per Share 2.2 -0.5 2 2.8 4.8 4.8 6.4 5.4 7.7 4.5

Gensol Engineering Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Net Sales 12 62 69 83 81 64 160 398 963 1385
Other Income 0 0 1 1 3 1 2 5 33 46
Total Income 12 62 70 84 83 65 162 403 996 1431
Total Expenditure 12 60 62 74 77 58 141 320 733 1049
Operating Profit 1 2 8 10 7 7 21 83 263 380
Interest 0 0 0 1 2 2 6 24 110 220
Depreciation 0 0 0 0 1 1 1 25 74 63
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 -0 0
Profit Before Tax 1 2 7 9 3 4 14 33 78 97
Provision for Tax 0 0 2 3 1 1 3 10 24 21
Profit After Tax 0 1 5 7 2 3 11 23 53 76
Adjustments 0 0 -0 0 -0 -0 -0 0 6 14
Profit After Adjustments 0 1 5 7 2 3 11 23 60 90
Adjusted Earnings Per Share 0.2 0.5 2.2 2.7 0.7 1 3.4 6.4 15.7 24

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 142% 147% 63% 0%
Operating Profit CAGR 217% 235% 92% 0%
PAT CAGR 130% 160% 50% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -89% -64% -2% NA%
ROE Average 20% 22% 17% 79%
ROCE Average 15% 17% 16% 97%

Gensol Engineering Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Shareholder's Funds 0 1 7 13 33 36 46 207 326
Minority's Interest 0 0 0 -0 0 0 0 1 -13
Borrowings 0 0 1 7 6 3 39 444 858
Other Non-Current Liabilities -0 -0 -0 0 3 3 48 212 325
Total Current Liabilities 5 8 19 23 32 27 74 202 828
Total Liabilities 5 10 26 43 74 70 208 1066 2324
Fixed Assets 0 0 1 8 8 7 55 293 723
Other Non-Current Assets 0 0 1 1 1 1 9 294 479
Total Current Assets 5 9 25 34 65 62 143 478 1123
Total Assets 5 10 26 43 74 70 208 1066 2324

Gensol Engineering Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Opening Cash & Cash Equivalents 0 0 0 1 2 7 8 7 125
Cash Flow from Operating Activities 0 0 2 3 -15 6 -50 115 -98
Cash Flow from Investing Activities -0 -1 -1 -8 -0 0 -60 -706 -667
Cash Flow from Financing Activities -0 0 0 6 20 -4 109 709 859
Net Cash Inflow / Outflow -0 -0 1 1 5 2 -1 118 94
Closing Cash & Cash Equivalent 0 0 1 2 7 9 7 125 218

Gensol Engineering Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Earnings Per Share (Rs) 0.15 0.49 2.21 2.73 0.67 0.97 3.38 6.37 15.72
CEPS(Rs) 0.16 0.54 2.26 2.91 1.1 1.38 3.79 13.28 33.72
DPS(Rs) 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 0.06 0.5 2.71 5.33 10.07 11.06 14.14 56.45 86
Core EBITDA Margin(%) 4.21 2.7 10.47 11.06 5.04 9.96 11.98 19.56 23.86
EBIT Margin(%) 4.44 2.75 11.2 11.98 6.75 8.83 12.39 14.48 19.55
Pre Tax Margin(%) 4.29 2.68 10.8 11.04 4.25 5.87 8.96 8.33 8.09
PAT Margin (%) 3.01 1.91 7.73 7.94 2.74 4.99 6.93 5.86 5.55
Cash Profit Margin (%) 3.1 2.1 7.9 8.48 4.47 7.09 7.75 12.24 13.26
ROA(%) 7.18 16.31 30.02 19.1 3.79 4.44 8.02 3.66 3.15
ROE(%) 249.59 175.43 137.63 67.85 9.64 9.2 26.9 18.42 20.07
ROCE(%) 366.39 195.8 164.8 67.9 16.16 12.19 22.64 13.41 15.35
Receivable days 105.17 29.1 60.31 84.34 109.23 129.93 61.92 49.49 56.94
Inventory Days 0 0 0 0 32.16 51.12 80.85 32.37 4.25
Payable days 102.14 15.82 66.87 98.75 174.94 94.76 35.31 32.67 39.62
PER(x) 0 0 0 0 31.28 19.37 29.24 58.15 56
Price/Book(x) 0 0 0 0 2.09 1.7 6.99 6.57 10.24
Dividend Yield(%) 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) -0.04 -0.01 -0.01 0.15 0.93 0.99 2.47 4.01 4.52
EV/Core EBITDA(x) -0.8 -0.17 -0.08 1.19 10.96 9.02 18.67 19.24 16.57
Net Sales Growth(%) 0 412.99 11.02 20.21 -2.72 -20.75 150.76 148.1 142
EBIT Growth(%) 0 217.54 353.02 28.55 -45.17 3.69 251.83 189.79 226.82
PAT Growth(%) 0 225.84 348.85 23.47 -66.41 44.1 248.67 109.8 129.15
EPS Growth(%) 0 225.74 348.82 23.51 -75.35 44.47 247.74 88.58 146.78
Debt/Equity(x) 0 0.32 0.19 0.67 0.39 0.29 1.78 2.53 4.29
Current Ratio(x) 0.92 1.1 1.3 1.45 2.02 2.3 1.93 2.37 1.36
Quick Ratio(x) 0.92 1.1 1.3 1.45 1.8 1.9 1.12 2.32 1.34
Interest Cover(x) 31.25 39.51 27.86 12.8 2.7 2.98 3.61 2.36 1.71
Total Debt/Mcap(x) 0 0 0 0 0.19 0.17 0.25 0.39 0.42

Gensol Engineering Shareholding Pattern

# Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
Promoter 64.67 64.67 64.67 64.67 62.59 62.62 62.77 62.58 62.65 35.87
FII 1.84 1.83 1.94 2.57 2.94 2.4 1.98 2.3 0.63 4.88
DII 0.42 0.66 0.66 0.75 0.84 0.09 0 0 1.37 1.49
Public 33.07 32.84 32.72 32.01 33.62 34.89 35.25 35.12 35.34 57.76
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Gensol Engineering News

Gensol Engineering Pros & Cons

Pros

  • Stock is trading at 0.1 times its book value
  • Company has delivered good profit growth of 49% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 22%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend.
  • Promoter holding is low: 35.87%.
  • Debtor days have increased from 32.67 to 39.62days.
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