Gujarat Pipavav Key Ratios
NSE: GPPL | BSE: 533248
₹162.27
As on 10-Sep-2026IST
Market cap
₹7,851 Cr
Revenue (TTM)
₹1,241 Cr
P/E Ratio
14.1
P/B Ratio
3.1
Div. Yield
6.4 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 4.59 | 32.64 | 25.10 | 10.27 | 11.06 |
| EBIT | -5.34 | 57.63 | 42.56 | 19.41 | 18.11 |
| Net Profit | -5.41 | 41.77 | 38.78 | 16.37 | 20.51 |
| EPS | 4.01 | 41.77 | 42.70 | 20.21 | 22.02 |
| Book Value | -- | -- | 2.19 | 1.11 | 1.30 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 47.46 | 44.48 | 52.36 | 49.73 | 46.46 |
| Net Margin
| 36.92 | 33.75 | 41.34 | 41.61 | 37.11 |
| Return on equity
| 19.78 | 15.24 | 22.70 | 21.80 | 17.07 |
| Return on Capital
| 26.88 | 21.40 | -- | 29.46 | 24.01 |
| Return on Assets
| 11.86 | 9.80 | 18.15 | 13.18 | 11.14 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.00 | 0.00 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
--
|
29.46
|
24.01
|
21.14
|
18.50
|
|
Peer Median
|
--
|
14.64
|
12.77
|
18.48
|
--
|
ROE
22.70
Higher than Peers by 4.47
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
22.70
|
21.80
|
17.07
|
14.79
|
13.75
|
|
Peer Median
|
18.23
|
15.54
|
14.18
|
17.08
|
--
|
ROA
18.15
Higher than Peers by 5.73
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
18.15
|
13.18
|
11.14
|
9.76
|
8.84
|
|
Peer Median
|
12.41
|
13.18
|
6.18
|
10.20
|
--
|
EBIT Margin
52.36
Higher than Peers by 37.80
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
52.36
|
49.73
|
46.46
|
46.19
|
42.09
|
|
Peer Median
|
14.56
|
23.50
|
14.53
|
30.34
|
--
|
Net Margin
41.34
Higher than Peers by 22.97
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
41.34
|
41.61
|
37.11
|
32.14
|
32.35
|
|
Peer Median
|
18.38
|
21.70
|
8.27
|
21.09
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
--
|
48.73
|
43.54
|
38.44
|
39.91
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
25.10
Higher than Peers by 14.92
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
25.10
|
17.48
|
-0.24
|
7.80
|
23.68
|
|
Peer Median
|
10.18
|
23.05
|
33.56
|
39.17
|
--
|
EBIT Growth
42.56
Higher than Peers by 21.28
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
42.56
|
25.73
|
0.34
|
18.29
|
37.31
|
|
Peer Median
|
21.28
|
70.27
|
68.12
|
331.29
|
--
|
Net Profit Growth
38.78
Higher than Peers by 15.28
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
38.78
|
29.80
|
16.05
|
9.22
|
58.69
|
|
Peer Median
|
23.50
|
44.54
|
729.38
|
136.55
|
--
|
EPS Growth
42.70
Higher than Peers by 25.11
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
42.70
|
29.80
|
16.05
|
9.22
|
58.69
|
|
Peer Median
|
17.58
|
38.78
|
191.84
|
130.77
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
--
|
2.19
|
1.03
|
0.11
|
3.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.18
|
0.27
|
0.34
|
0.39
|
--
|
Current Ratio
2.54
Higher than Peers by 0.78
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
2.54
|
2.11
|
3.20
|
3.04
|
2.36
|
|
Peer Median
|
1.76
|
1.68
|
1.61
|
1.35
|
--
|
Quick Ratio
2.51
Higher than Peers by 0.86
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
2.51
|
2.08
|
3.18
|
3.02
|
2.34
|
|
Peer Median
|
1.65
|
1.94
|
1.53
|
2.22
|
--
|
Interest Coverage
128.87
Higher than Peers by 121.02
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
128.87
|
101.40
|
95.10
|
52.45
|
52.95
|
|
Peer Median
|
7.84
|
9.16
|
3.24
|
8.33
|
--
|
Operating Efficiency
Debtors to sales
3.57
Lower than Peers by 17.41
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
3.57
|
3.83
|
4.83
|
5.83
|
9.34
|
|
Peer Median
|
20.98
|
23.43
|
24.43
|
61.36
|
--
|
Asset Turnover
0.42
Higher than Peers by 0.01
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
0.42
|
0.34
|
0.33
|
0.34
|
0.30
|
|
Peer Median
|
0.41
|
0.50
|
0.47
|
0.47
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
--
|
12.76
|
16.28
|
21.97
|
23.35
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
--
|
3.01
|
2.92
|
2.54
|
3.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
14.05
No difference
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
14.05
|
13.37
|
16.82
|
30.05
|
17.97
|
|
Peer Median
|
14.05
|
14.05
|
18.12
|
34.47
|
--
|
Price / Book Value
3.10
Higher than Peers by 1.74
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
3.10
|
2.88
|
2.86
|
4.44
|
2.44
|
|
Peer Median
|
1.36
|
1.70
|
1.97
|
4.06
|
--
|
Dividend Yield
6.40
Higher than Peers by 6.29
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
6.40
|
7.30
|
5.94
|
3.43
|
5.24
|
|
Peer Median
|
0.11
|
--
|
--
|
0.02
|
--
|
EV/EBITDA
8.52
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
8.52
|
7.95
|
8.54
|
14.25
|
8.56
|
|
Peer Median
|
--
|
12.46
|
15.11
|
27.77
|
--
|
Market Cap
7,851
Higher than Peers by 3,330
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Gujarat Pipavav
|
7,851
|
6,887
|
6,674
|
10,276
|
5,627
|
|
Peer Median
|
4,521
|
4,521
|
614
|
1,113
|
--
|