Gujarat Industries Power Co Ltd vs Ind Renewable Energy Ltd Stock Comparison

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Last Updated on: Mar 23, 2026

Key Highlights

The Latest Trading Price of Gujarat Industries Power Co Ltd is ₹ 126.4 as of 23 Mar 15:30 . The P/E Ratio of Gujarat Industries Power Co Ltd changed from 6.4 on March 2021 to 13.2 on March 2025 . This represents a CAGR of 15.58% over 5 yearsThe P/E Ratio of IND Renewable Energy Ltd changed from 687.7 on March 2024 to 0 on March 2025 . This represents a CAGR of -100.00% over 2 years The Market Cap of Gujarat Industries Power Co Ltd changed from ₹ 1144 crore on March 2021 to ₹ 2796 crore on March 2025 . This represents a CAGR of 19.56% over 5 yearsThe Market Cap of IND Renewable Energy Ltd changed from ₹ 3.33 crore on March 2021 to ₹ 0 crore on March 2025 . This represents a CAGR of -100.00% over 5 years The revenue of Gujarat Industries Power Co Ltd for the Dec '25 is ₹ 382.53 crore as compare to the Sep '25 revenue of ₹ 342.3 crore. This represent the growth of 11.75% The revenue of IND Renewable Energy Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of Gujarat Industries Power Co Ltd for the Dec '25 is ₹ 134.92 crore as compare to the Sep '25 ebitda of ₹ 128.67 crore. This represent the growth of 4.86% The ebitda of IND Renewable Energy Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 ebitda of ₹ -0.15 crore. This represent the decline of -100% The net profit of Gujarat Industries Power Co Ltd changed from ₹ 67.78 crore to ₹ -3.2 crore over 7 quarters. This represents a CAGR of NaN% The net profit of IND Renewable Energy Ltd changed from ₹ -0.05 crore to ₹ 0 crore over 7 quarters. This represents a CAGR of -100.00% The Dividend Payout of Gujarat Industries Power Co Ltd changed from 22.72 % on March 2021 to 30.03 % on March 2025 . This represents a CAGR of 5.74% over 5 yearsThe Dividend Payout of IND Renewable Energy Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .

About Gujarat Industries Power Co Ltd

Gujarat Industries Power Company Limited (GIPCL), established in June, 1985 is one of the 'Panchratnas' (five jewels), in Gujarat.
The Company is engaged in generation of power from gas, lignite, wind and solar in Gujarat.
Their power stations include Vadodara Station-I, which is a 145 mega watt combined cycle power plant (CCPP); Vadodara Station- II, which is a 165 mega watt CCPP, and Surat Lignite Power Plant (SLPP).
The total present capacity of Vadodara and Mangrol plants is 810 MW. The Company has been promoted by Gujarat Urja Vikas Nigam Limited (GUVNL), Gujarat State Fertilizer and Chemical Limited (GSFC), Gujarat Narmada Valley Fertilizers Company Limited (GNFC), Gujarat Alkalies and Chemical Limited (GACL), Petrofils Co-operative Limited (Petrofils) and Heavy Water Project (HWP) of the Atomic Energy Department of the Government of India, with the main objective of setting up a coal-based power station of 120 MW to cater to the captive needs of electrical energy of participating industries viz.

About IND Renewable Energy Ltd

IND Renewable Energy Limited (Formerly Known as Vakharia Power infrastructure Limited), was incorporated on September 9, 2011 as wholly owned subsidiary of Everlon Synthetics Limited.
The Company changed its name from 'Vakharia Power Infrastructure Limited' to 'IND Renewable Energy Limited' on March 9, 2016.
The Company is engaged primarily in the business of Roof Top Solar Plant. The Company approved a Scheme of Arrangement/Demerger of Investment Business of Everlon Synthetics Ltd (ESL) into Vakharia Power Infrastructure Ltd., (VPIL) in 2012-13.
The Company allotted 30273600 Equity Shares of Rs. 1/- each on November 23, 2012 and as such the Company ceased to be an subsidiary of Everlon Synthetics Ltd. Presently, the Company is holding the investments and other assets and liabilities of the Investment Business Undertaking transferred to it under the Scheme of Arrangement.

FAQs for the comparison of Gujarat Industries Power Co Ltd and IND Renewable Energy Ltd

Which company has a larger market capitalization, Gujarat Industries Power Co Ltd or IND Renewable Energy Ltd?

Market cap of Gujarat Industries Power Co Ltd is 2,066 Cr while Market cap of IND Renewable Energy Ltd is 14 Cr

What are the key factors driving the stock performance of Gujarat Industries Power Co Ltd and IND Renewable Energy Ltd?

The stock performance of Gujarat Industries Power Co Ltd and IND Renewable Energy Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Gujarat Industries Power Co Ltd and IND Renewable Energy Ltd?

As of March 23, 2026, the Gujarat Industries Power Co Ltd stock price is INR ₹133.15. On the other hand, IND Renewable Energy Ltd stock price is INR ₹10.45.

How do dividend payouts of Gujarat Industries Power Co Ltd and IND Renewable Energy Ltd compare?

To compare the dividend payouts of Gujarat Industries Power Co Ltd and IND Renewable Energy Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.