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.
One read, four checks
75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.
Investable fundamentals, management trust is acceptable, price trend is neutral, and recent execution is mixed.
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
low confidence · 0/0 claims checked
Timing lens: price trend and sector relative strength.
Rolling lens: recent quarterly delivery, not the latest single-result score.
Quarter ended 31 Mar 2026
Excellent · 100/100Rev +566% YoY · PAT +3200% YoY · margin expansion · +142% QoQ · operating leverage
| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹293 Cr | +565.9% | +142.2% |
| EBITDA | ₹44 Cr | +388.9% | +193.3% |
| Operating margin | 15.0% | +1000 bps | +300 bps |
| PAT | ₹33 Cr | +3200.0% | +230.0% |
| PAT margin | 11.3% | +758 bps | +300 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Business & thesis
Growth engines, tailwinds/headwinds, and risk radar from management commentary
Business & thesis
Growth engines, tailwinds/headwinds, and risk radar from management commentary
Where growth can come from, and what can break the case
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.
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
Management accountability
What management said, and what results must prove
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.
No financial or operational results are provided in the investor presentation to enable any comparison, rendering the primary comparison basis irrelevant for this period.
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.
Trend score and candlestick chart
53NeutralSMA20 -5.9% / mo · MACD +
Technical chart
GPECOdaily · 1Y · AUTO+27.4%Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 64. Wait for confirmation.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 falling (~6.3% over last month) — short-term momentum negative.
- RSI(14) at 64 — rising, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- 26% off 52W high · 67% 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.
Valuation & score drivers
U-Score 72 · UNDERVALUED · pillar breakdown, sector model, fair-value anchor
Valuation & score drivers
U-Score 72 · UNDERVALUED · pillar breakdown, sector model, fair-value anchor
Fundamental score breakdown
UNDERVALUEDWhy this score?
Top U-Score contributors and drags from the latest stored fundamentals.
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 67.1%.
- Quality contributes 20/20 to the score.
Main drags
- Promoter pledge is 55.5%.
- Cash flow is weaker at 1/10; verify the latest quarterly trend.
- Balance sheet is weaker at 3/15; verify the latest quarterly trend.
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.
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.
Score history
12 stored score snapshots. Latest stored move: +3 points.
Factor attribution
Modelled fair value
Trust score
Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth
Trust score
Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Mixed Trust: 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.
Healthy Trust Lite: Promoter holding is 59.4%. Key concern: Promoters have pledged 55.5% of holding.
Usable, but needs evidence. Treat guidance with a margin of safety.
overall median 67 · Industrials: 24th pctile, median 68 · SME: 32nd pctile, median 64
6 documents have extracted text, but claim history is not strong enough yet.
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Mixed Trust · low confidenceRead 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.
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.
Financials
Full fundamentals table and 10-year revenue / profit / ROE history
Financials
Full fundamentals table and 10-year revenue / profit / ROE history
Fundamentals
Valuation
- P/E
- 13.60
- P/B
- 4.75
- EV/EBITDA
- 10.70
- Market Cap
- 544.00Cr
Profitability
- ROE
- 45.80%
- ROCE
- 38.30%
- 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
- 8.43×
- Altman Z
- 2.77
- 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
- 53%
Financial History
Updated 5/9/2026
Revenue
₹ CrNet Profit
₹ CrReturn on Equity
%Peers
Business-comparable names in Industrials, ranked by similarity
Peers
Business-comparable names in Industrials, ranked by similarity
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.