About
Gensol Engineering Limited engages in the provision of renewable energy solutions in India, the Middle East, and internationally. It operates through EPC, Lease, EV Manufacturing, and Others segments. The company offers architecture, engineering, and technical testing and consultancy activities. The company also provides solar EPC services, such as floating solar, rooftop solar, and ground mounted; engineering advisory services; solar operation and maintenance services; rents and leases motor vehicles, machinery, equipment, etc; offers energy storage solutions; end-to-end single-axis solar tracking solutions; generates and distributes solar power; and engages in the manufacture and leasing of electric vehicles. Gensol Engineering Limited was founded in 2007 and is headquartered in Ahmedabad, India.
Key Metrics
as of Sep 2026Market Cap67 Cr
P/E0.65
Div Yield0.00 %
Book Value₹155.00
52w High₹46.00
52w Low₹16.10
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 294.00 | 299.00 | 342.00 | 363.00 | 201.00 | 299.00 | 147.00 | 144.00 | 46.00 | 80.00 | 101.00 |
| Expenses | 253.00 | 186.00 | 265.00 | 275.00 | 135.00 | 250.00 | 110.00 | 116.00 | 31.00 | 63.00 | 86.00 |
| Operating Profit | 41.00 | 113.00 | 77.00 | 87.00 | 66.00 | 49.00 | 37.00 | 29.00 | 14.00 | 17.00 | 15.00 |
| OPM % | 14.00 | 38.00 | 22.00 | 24.00 | 33.00 | 16.00 | 25.00 | 20.00 | 32.00 | 21.00 | 15.00 |
| Other Income | 1.00 | 1.00 | 0.00 | 15.00 | 8.00 | 0.00 | 9.00 | 4.00 | 3.00 | 0.00 | 1.00 |
| Depreciation | 2.00 | 2.00 | 0.00 | 23.00 | 20.00 | 0.00 | 13.00 | 10.00 | 7.00 | 5.00 | 4.00 |
| Interest | 22.00 | 60.00 | 22.00 | 33.00 | 31.00 | 13.00 | 16.00 | 11.00 | 6.00 | 4.00 | 2.00 |
| Profit before tax | 18.00 | 51.00 | 54.00 | 46.00 | 23.00 | 36.00 | 17.00 | 12.00 | 4.00 | 9.00 | 10.00 |
| Tax % | 18.00 | 9.00 | 19.00 | 25.00 | 25.00 | 39.00 | 25.00 | 27.00 | 125.00 | 15.00 | -3.00 |
| Net Profit | 15.00 | 46.00 | 44.00 | 35.00 | 18.00 | 22.00 | 12.00 | 8.00 | -1.00 | 7.00 | 10.00 |
| EPS in Rs | 3.95 | 12.18 | 11.63 | 9.19 | 4.63 | 5.82 | 3.39 | 2.31 | -0.29 | 1.99 | 3.17 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 904.00 | 371.00 | 154.00 | 60.00 | 75.00 | 79.00 | 64.00 | 61.00 | 12.00 | 3.00 | 5.00 | 1.00 |
| Expenses | 661.00 | 295.00 | 136.00 | 55.00 | 73.00 | 71.00 | 58.00 | 60.00 | 11.00 | 3.00 | 5.00 | 1.00 |
| Operating Profit | 243.00 | 76.00 | 17.00 | 5.00 | 2.00 | 8.00 | 6.00 | 2.00 | 1.00 | -1.00 | 0.00 | 0.00 |
| OPM % | 27.00 | 20.00 | 11.00 | 8.00 | 3.00 | 10.00 | 10.00 | 2.70 | 4.60 | -23.00 | 1.50 | 2.70 |
| Other Income | 40.00 | 8.00 | 2.00 | 1.00 | 3.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 103.00 | 24.00 | 5.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 72.00 | 25.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 108.00 | 35.00 | 14.00 | 4.00 | 3.00 | 7.00 | 7.00 | 2.00 | 1.00 | -1.00 | 0.00 | 0.00 |
| Tax % | 26.00 | 28.00 | 23.00 | 14.00 | 31.00 | 27.00 | 34.00 | 7.00 | 0.00 | 0.00 | 44.00 | 0.00 |
| Net Profit | 80.00 | 25.00 | 11.00 | 3.00 | 2.00 | 5.00 | 4.00 | 2.00 | 1.00 | -1.00 | 0.00 | 0.00 |
| EPS in Rs | 21.25 | 6.83 | 3.36 | 0.95 | 0.66 | 2.26 | — | — | — | — | — | — |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Sep 2024 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 38.00 | 38.00 | 12.00 | 11.00 | 8.00 | 8.00 | 6.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Reserves | 606.00 | 306.00 | 191.00 | 35.00 | 27.00 | 23.00 | 6.00 | 6.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Borrowings | 1,045.00 | 1,260.00 | 574.00 | 78.00 | 5.00 | 7.00 | 3.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 513.00 | 424.00 | 229.00 | 76.00 | 22.00 | 25.00 | 18.00 | 17.00 | 8.00 | 4.00 | 3.00 | 2.00 | 1.00 |
| Total Liabilities | 2,202.00 | 2,028.00 | 1,006.00 | 200.00 | 61.00 | 64.00 | 32.00 | 24.00 | 10.00 | 4.00 | 2.00 | 2.00 | 1.00 |
| Fixed Assets | 26.00 | 571.00 | 261.00 | 50.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| CWIP | 37.00 | 2.00 | 7.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 203.00 | 124.00 | 14.00 | 4.00 | 0.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 1,937.00 | 1,330.00 | 724.00 | 146.00 | 60.00 | 61.00 | 31.00 | 23.00 | 9.00 | 4.00 | 2.00 | 2.00 | 1.00 |
| Total Assets | 2,202.00 | 2,028.00 | 1,006.00 | 200.00 | 61.00 | 64.00 | 32.00 | 24.00 | 10.00 | 4.00 | 2.00 | 2.00 | 1.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -52.00 | 100.00 | -47.00 | 5.00 | -14.00 | 2.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activity | -512.00 | -665.00 | -65.00 | -1.00 | -2.00 | -1.00 | 0.00 | -1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activity | 602.00 | 683.00 | 111.00 | -4.00 | 21.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Cash Flow | 39.00 | 118.00 | -1.00 | 1.00 | 5.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow | -429.00 | -282.00 | -98.00 | 5.00 | -15.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| CFO/OP % | -20.00 | 135.00 | -270.00 | 119.00 | -571.00 | 45.00 | 35.00 | 44.00 | 0.00 | -71.00 | 14.00 | 0.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 87.00 | 67.00 | 70.00 | 93.00 | 106.00 | 80.00 | 80.00 | 35.00 | 71.00 | 141.00 | 28.00 | 54.00 |
| Inventory Days | 7.00 | 16.00 | 221.00 | 130.00 | 135.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Days Payable | 57.00 | 50.00 | 43.00 | 75.00 | 167.00 | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 37.00 | 32.00 | 248.00 | 147.00 | 74.00 | 80.00 | 80.00 | 35.00 | 71.00 | 141.00 | 28.00 | 54.00 |
| Working Capital Days | -15.00 | -7.00 | 132.00 | 157.00 | 120.00 | 37.00 | 22.00 | 3.00 | -11.00 | 28.00 | -16.00 | 15.00 |
| ROCE % | 18.00 | 13.00 | 23.00 | 13.00 | 17.00 | 76.00 | 146.00 | 146.00 | — | — | 50.00 | — |
Corporate Actions
2 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Bonus | 17 Oct 2023 | 17 Oct 2023 | 2:1 | — | |
| Bonus | 11 Oct 2021 | 12 Oct 2021 | 1:3 | — |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
-
Rating update23 Apr from icra
-
Rating update20 Mar from care
-
Rating update4 Mar 2025 from icra
-
Rating update3 Mar 2025 from care
-
Rating update28 Nov 2024 from icra
-
Rating update18 Nov 2024 from icra