Credit ratingSep 2026
Sep 2026 · Credit Rating 25 Sep - Infomerics assigned GP Eco Solutions long-term BBB/Stable and short-term A3+ ratings on 25 September 2026.
Source: Nse
GP Eco Solutions India Ltd. (GPECO)
SME CapIndustrials stocks · SME cap · NSE
GP Eco Solutions India Ltd. (GPECO) is engaged in the solar and renewable energy industry, demonstrated by its consistent participation in various national and international energy expos and technical seminars, often collaborating with partners like SUNGROW.
Data qualityFresh enough for analysisQuote updated 21 Oct, 01:14 pm ISTDetails
Quote21 Oct, 01:14 pm IST
Base fundamentals18 Oct 2026 · screener
Latest result01 Jun, 07:53 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
51NeutralSMA20 +1.5% / mo · MACD −
Stock trend: 55
Sector RS: 46
Sector 3M: -7.6% vs Nifty 500 -6.0%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
GPECOD candles · FIT view+3.4%TODAY · PROVISIONALLatest price ₹387.00 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-1.0%
RSI
41
MACD hist
-4.01
52W pos
40%
2026-10-21O ₹391.00H ₹391.00L ₹380.00C ₹387.00Vol 5,600 shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
GPECONifty India ManufacturingNifty 500
- GPECO
- -5.8%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- -0.2 pp
Chart stats
19 Oct 2026- From 52W high
- -32.6%
- 52W range position
- 41%
- ATR (14)
- 4.6%
- Volume vs 20D
- 0.53x
- Avg traded value
- ₹0.8 Cr
- 20D price channel
- ₹385.6 - ₹470
₹587
₹264.1 - ₹587
₹18.3
Latest completed session
20-session average
52.3% annualized volatility
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · UNDERVALUED68
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent100
Revenue +565.9% · PAT +3200.0% YoY
Technical
Neutral51
Price trend and sector-relative-strength timing.
Valuation
Legacy model+71.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence60
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Excellent · 100/100Rev +566% YoY · PAT +3200% YoY · margin expansion · +142% QoQ · operating leverage
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹293 Cr | +565.9% | +142.2% |
| EBITDA | ₹44 Cr | NDF | +193.3% |
| Operating margin | 15.0% | NDF | +300 bps |
| PAT | ₹33 Cr | +3200.0% | +230.0% |
| PAT margin | 11.3% | NDF | +300 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 12.20
- P/B
- 4.27
- EV/EBITDA
- 9.66
- Market Cap
- 490.00Cr
Profitability
- ROE
- 45.80%
- ROCE
- 38.70%
- ROA
- 9.75%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 59.00%
- EPS 5Y
- 142.91%
- Revenue 3Y
- 59.00%
- EPS 3Y
- 141.00%
Balance Sheet
- Debt/Equity
- 0.99
- Interest Coverage
- 7.50×
- Altman Z
- 2.68
- Book Value
- 93.10
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- 29.00 Cr
- EPS TTM
- 33.91
Shareholding
- Promoter Hold
- 59.42%
- Promoter Pledge
- 55.50%
- Momentum 52W
- 44%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 293+142.1% vs prev
Net Profit
₹ CrLatest: 33.0+230.0% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 41.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 rising (~1.0% over last month) — short-term momentum positive.
- RSI(14) at 41 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 32% off 52W high · 47% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
44
RS percentile
Stage 3 Topping
1M return
-0.3%
3M return
-5.8%
6M return
+5.5%
1Y return
-25.4%
RS 1D
-2
RS 20D
+7
Sector rank
#2
Industry rank
#69
Stage evidence
- 25.5% below the 52-week closing high after prior strength.
- The 30-week proxy has stalled (+2.7% over 20 sessions).
- Price has not yet confirmed a full Stage 4 downtrend.
50-DMA
price below
200-DMA
price above
Sector
leading
Industry
lagging
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 72.63+0.53%
RS vs Nifty 50073
Valuation & peers
U-Score 68 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 68 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Growth at Value
Fundamental score breakdown
U band · UNDERVALUEDValuation19/30
Growth24/25
Quality20/20
Balance Sheet2/15
Cash Flow1/10
Piotroski
8/9 (+5)
Penalties
-3
Raw sum
68
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
68/100 · legacy band UNDERVALUED
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 71.0%.
- Quality contributes 20/20 to the score.
Main drags
- Promoter pledge is 55.5%.
- Penalty bucket subtracts 3 points.
- Cash flow is weaker at 1/10; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
12.2
PB
4.3
EV/EBITDA
9.7
ROE
45.8%
ROCE
38.7%
FCF Yield
—
Debt/Equity
1.0
MoS
+71.0%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
68
Previous: 68
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+71.0%
Previous: +70.3%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
72
72
72
72
72
72
72
72
68
68
68
68
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹266.52
-45.2% MoS
Growth-justified P/E
39.3
Growth-justified Value
₹1,332.66
+71.0% MoS
PEG
0.09
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
AARADHYA
SME
Aaradhya Disposal Industries Ltd.
Environmental Services
match 81
32
29.4
11.3%
+25%
WATCHLIST
BANKA
Small
Banka BioLoo Limited
Environmental Services
match 70
7
120.0
1.7%
-9705%
OVERVALUED
AWHCL
Small
Antony Waste Handling Cell Limited
Environmental Services
match 59
54
17.0
10.9%
+51%
FAIR VALUE
ENVIRO
SME
Envirotech Systems Ltd.
Environmental Services
match 54
69
9.6
17.3%
+78%
UNDERVALUED
CEWATER
Small
Concord Enviro Systems Limited
Environmental Services
match 52
27
119.0
4.5%
-155%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis under stressReviewed 2026-08-16T09:41:21.555Z
Management commentary snapshot
The FY25-26 investor presentation primarily details the company's participation in various solar and renewable energy industry events and technical seminars from 2021 to 2025, without disclosing any financial or operational results.
The absence of any financial results, operational KPIs, or strategic commentary in the investor presentation for FY25-26 makes it impossible to assess the company's performance or the status of any investment thesis. The document only lists past event participations.
Growth engines
Market Presence & Industry Engagement
GPECO actively participated in 20+ industry events and technical seminars from 2021-2025, including Middle East Energy (Dubai), Intersolar India, Renewable Energy Expo, Bharat Solar Expo, and Solar & Storage Expo, often partnering with SUNGROW.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare YOY
No financial or operational results are provided in the investor presentation to enable any comparison, rendering the primary comparison basis irrelevant for this period.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
60Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 28th percentile of the scored universe and 24th percentile within Industrials. Main check: promoter alignment is weak at 35/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
6 docs text-extracted · 3 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
28th percentile
overall median 67 · Industrials: 24th pctile, median 68 · SME: 32nd pctile, median 64
Evidence depth
Financial-only
6 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
35
weak · holding, pledge, alignment
Cash flow
43
weak · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
98
strong · capital discipline
Results
55
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 59.4%.
- ▸ROCE is 38.3%.
Trust risks
- ▸Promoters have pledged 55.5% of holding.
- ▸Promoter holding fell 2.3%.
- ▸Only 0 years of positive FCF.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching GP Eco Solutions India Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportSep 2026
Sep 2026 · Updates 26 Aug - 16th AGM scheduled for September 21, 2026; FY2025-26 annual report and notice submitted.
Source: Nse
Concall transcriptJun 2026
Jun 2026 · Transcript
Source: Nse
Investor presentationJun 2026
Jun 2026 · PPT
Source: Nse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Annual reportMar 2026
Sep 2026 · Outcome of Board Meeting 12 Aug - Board approved FY26 report and annual report; CFO resigned, new CFO appointed; director roles changed, AGM set for Sept. 21, 2026.
Source: Nse
Investor presentationNov 2025
Nov 2025 · PPT
Source: Nse
Concall transcriptNov 2025
Nov 2025 · Transcript
Source: Nse
Investor presentationNov 2025
Nov 2025 · PPT
Source: Nse
Investor presentationMay 2025
May 2025 · PPT
Source: Nse
Concall transcriptMay 2025
May 2025 · Transcript
Source: Nse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.