GPPL

Gujarat Pipavav Port Limited

APM Terminals-backed container and multipurpose port

Services›Services›Transport Infrastructure›Port & Port services

apmterminals.com(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹166.29
Market cap
8,037 Cr
Stock P/E
14.4
P/B
3.36
Dividend yield
5.8%
ROE (FY26)
21.6%
ROCE (FY26)
29.1%
Operating margin (FY26)
50.3%
Debt / equity (FY26)
0.00
OCF / EBITDA (FY26)
69.1%
OCF / EBITDA (3Y)
75.5%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

GPPL (Gujarat Pipavav Port) runs a port in Gujarat under a concession agreement with the Gujarat Maritime Board, handling containers, dry bulk, liquid cargo and roll-on/roll-off (RoRo) cargo.

Company snapshot

3rdBy market cap

Ranked among 4 companies in Port & Port services.

What we see

Positives
  • ✓Net margin of 44.5% — the business keeps a healthy share of every rupee it earns.
4 more signals from the filings.Sign in free to see them all

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales253 Cr270 Cr251 Cr246 Cr227 Cr263 Cr252 Cr250 Cr299 Cr292 Cr317 Cr332 Cr
Operating expenses (approx.)102 Cr110 Cr94 Cr96 Cr94 Cr124 Cr95 Cr102 Cr122 Cr132 Cr94 Cr118 Cr
EBITDA151 Cr159 Cr157 Cr150 Cr133 Cr139 Cr157 Cr148 Cr178 Cr160 Cr223 Cr214 Cr
OPM %59.6%59.1%62.6%60.8%58.4%52.8%62.3%59.1%59.4%54.9%70.4%64.5%
Other income18 Cr19 Cr19 Cr22 Cr21 Cr19 Cr19 Cr20 Cr20 Cr15 Cr16 Cr15 Cr
Interest2 Cr2 Cr3 Cr2 Cr2 Cr1 Cr2 Cr2 Cr1 Cr2 Cr1 Cr0.72 Cr
Depreciation29 Cr29 Cr29 Cr29 Cr29 Cr31 Cr28 Cr31 Cr32 Cr32 Cr30 Cr31 Cr
Profit before tax146 Cr153 Cr91 Cr144 Cr126 Cr132 Cr150 Cr139 Cr215 Cr144 Cr192 Cr199 Cr
Tax %36.6%24.0%27.3%23.7%40.3%24.8%25.1%25.1%25.1%24.9%25.8%25.5%
Net profit92 Cr116 Cr66 Cr110 Cr75 Cr99 Cr112 Cr104 Cr161 Cr108 Cr142 Cr148 Cr
EPS (₹)₹1.91₹2.40₹1.36₹2.27₹1.56₹2.06₹2.32₹2.16₹3.32₹2.23₹2.95₹3.06

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales683 Cr649 Cr702 Cr735 Cr733 Cr744 Cr917 Cr988 Cr988 Cr1,158 CrSign in free for the trailing twelve months
Operating expenses (approx.)265 Cr275 Cr313 Cr289 Cr311 Cr331 Cr415 Cr415 Cr410 Cr450 CrSign in free for the trailing twelve months
EBITDA419 Cr374 Cr389 Cr447 Cr422 Cr413 Cr502 Cr573 Cr578 Cr708 CrSign in free for the trailing twelve months
OPM %61.3%57.6%55.4%60.7%57.6%55.5%54.8%58.0%58.5%61.1%Sign in free for the trailing twelve months
Other income32 Cr37 Cr45 Cr47 Cr40 Cr29 Cr51 Cr75 Cr81 Cr73 CrSign in free for the trailing twelve months
Interest0.40 Cr0.35 Cr0.36 Cr7 Cr6 Cr5 Cr8 Cr9 Cr6 Cr7 CrSign in free for the trailing twelve months
Depreciation107 Cr104 Cr113 Cr131 Cr133 Cr129 Cr116 Cr116 Cr117 Cr126 CrSign in free for the trailing twelve months
Profit before tax379 Cr330 Cr352 Cr386 Cr338 Cr308 Cr413 Cr479 Cr552 Cr689 CrSign in free for the trailing twelve months
Tax %25.6%33.0%32.8%17.2%34.4%35.9%24.2%28.7%28.1%25.3%Sign in free for the trailing twelve months
Net profit282 Cr221 Cr237 Cr319 Cr222 Cr197 Cr313 Cr342 Cr397 Cr515 CrSign in free for the trailing twelve months
EPS (₹)₹5.84₹4.57₹4.88₹6.61₹6.61₹4.08₹6.48₹7.07₹8.21₹10.66Sign in free for the trailing twelve months
Dividend payout %————121.9%97.9%78.7%98.9%93.8%90.1%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital483 Cr483 Cr483 Cr483 Cr483 Cr483 Cr483 Cr483 Cr483 Cr483 Cr
Reserves1,659 Cr1,676 Cr1,714 Cr1,805 Cr1,756 Cr1,760 Cr1,827 Cr1,830 Cr1,854 Cr1,905 Cr
Borrowings——————————
Other liabilities331 Cr296 Cr348 Cr341 Cr410 Cr489 Cr559 Cr623 Cr598 Cr635 Cr
Total liabilities2,473 Cr2,456 Cr2,546 Cr2,629 Cr2,649 Cr2,733 Cr2,869 Cr2,936 Cr2,935 Cr3,024 Cr
Fixed assets (net)1,675 Cr1,685 Cr1,589 Cr1,528 Cr1,426 Cr1,367 Cr1,290 Cr1,289 Cr1,274 Cr1,261 Cr
CWIP92 Cr32 Cr45 Cr6 Cr53 Cr49 Cr90 Cr80 Cr83 Cr286 Cr
Investments206 Cr228 Cr261 Cr286 Cr290 Cr294 Cr315 Cr321 Cr338 Cr355 Cr
Loans & advances——0.48 Cr0.48 Cr0.49 Cr0.63 Cr0.47 Cr0.58 Cr0.23 Cr0.31 Cr
Inventories16 Cr14 Cr8 Cr8 Cr10 Cr10 Cr8 Cr9 Cr10 Cr12 Cr
Trade receivables29 Cr26 Cr51 Cr46 Cr44 Cr52 Cr86 Cr58 Cr48 Cr44 Cr
Cash & bank53 Cr35 Cr11 Cr19 Cr6 Cr0.36 Cr16 Cr24 Cr13 Cr9 Cr
Other assets402 Cr436 Cr579 Cr736 Cr819 Cr960 Cr1,064 Cr1,155 Cr1,170 Cr1,055 Cr
Total assets2,473 Cr2,456 Cr2,546 Cr2,629 Cr2,649 Cr2,733 Cr2,869 Cr2,936 Cr2,935 Cr3,024 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity406 Cr315 Cr299 Cr343 Cr388 Cr399 Cr370 Cr485 Cr429 Cr489 Cr
Cash from investing-245 Cr-129 Cr-126 Cr-85 Cr-105 Cr-166 Cr-82 Cr-107 Cr-56 Cr-18 Cr
Cash from financing-227 Cr-204 Cr-198 Cr-250 Cr-296 Cr-220 Cr-273 Cr-370 Cr-401 Cr-495 Cr
Net cash flow-66 Cr-18 Cr-25 Cr8 Cr-13 Cr12 Cr15 Cr8 Cr-28 Cr-24 Cr
Free cash flow (OCF − Capex)263 Cr261 Cr268 Cr329 Cr342 Cr348 Cr312 Cr413 Cr334 Cr199 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %17.7%15.3%16.0%17.2%15.4%13.9%18.2%21.1%23.9%29.1%
ROE %13.2%10.2%10.8%14.0%9.9%8.8%13.6%14.8%17.0%21.6%
Debtor days15142623222534211814
Inventory days8844553344
Days payable14161715172226221718
Cash conversion cycle10614121091124-0
OCF / EBITDA %96.9%84.1%77.0%76.9%91.9%96.6%73.7%84.6%74.3%69.1%
OCF / EBITDA % (3 years)——86.3%79.2%82.0%88.2%86.5%84.3%77.7%75.5%
Debt / equity——0.000.000.000.000.00—0.000.00
Current ratio1.672.242.743.863.593.713.643.043.262.54
Net debt / EBITDA-0.13—-0.03-0.04-0.02-0.0009-0.03-0.04-0.02-0.01