ALFA Finder
| Market Cap | ₹446.53 CrConsumer Durables |
|---|---|
| PE Ratio | 11.13Sector PE 44.27 |
| 1Y Price Change | -28.4%LTM Performance |
| Deal value | ₹1.33 Cr |
| Share of market cap | 0.3% |
| Share of annual revenue | 0.3% |
Key highlights
- Allotment of 36,650 equity shares to Kolombus Financial Advisory Services LLP
- Conversion price set at ₹364 per share, including ₹91 previously paid as warrant application money
- Total transaction value for this conversion tranche amounts to ₹1.33 crore
- Investor now holds a 0.29% stake in the company post-allotment
- Original issuance of 28,47,000 warrants was completed on July 18, 2026
Equity Expansion Through Warrant Conversion
GP Eco Solutions India Limited has finalized the allotment of 36,650 equity shares of face value ₹10 each following the conversion of warrants issued on a preferential basis. The allottee, Kolombus Financial Advisory Services LLP, exercised the option to convert a portion of the warrants originally issued in July 2026. The total consideration for this conversion is ₹1.33 crore, calculated at an issue price of ₹364 per share.
This includes the initial ₹91 paid at the time of warrant allotment and the final balance of ₹261 per share received upon conversion. Following this transaction, the allottee holds a 0.29% stake in the company.
Financial Performance and Market Valuation
- Annual revenue growth reached 68.81% for the fiscal year ending March 2026
- Net profit surged by 287.09% year-on-year to ₹40.12 crore in the same period
- The stock currently trades at a P/E ratio of 11.13, significantly below the industry average of 36.48
- Promoter holding remains substantial at 59.42% as per the latest quarterly records
- Return on Equity (ROE) stands at 36.4%, indicating high capital efficiency
Growing Order Book and Strategic Contracts
The warrant conversion follows significant business momentum for GP Eco Solutions. On November 6, 2026, its subsidiary Invergy India Private Limited secured a ₹33.71 crore purchase order for solar inverters from Solarium Green Energy Limited, scheduled for completion by March 2027. This builds on a substantial consolidated order book which reached ₹420 crore across EPC and battery energy storage segments as of June 2026.
Management has previously guided for a two-to-threefold increase in revenue and PBT for FY27 compared to FY26, supported by an expanding project pipeline and restructuring of large-scale solar projects in Punjab.
| Date | Announcement | Amount |
|---|---|---|
| 10 Nov 2026 | Press release on financial results for H1 FY27 and consolidated order book updateSource: NSE filing | – |
| 06 Nov 2026 | Receipt of purchase order by subsidiary Invergy India Private Limited from Solarium Green Energy Limited for solar invertersSource: NSE filing | ₹33.71 Cr |
| 04 Nov 2026 | Resignation of statutory auditor GAMA & Co. from material subsidiary GPES Green Projects Private LimitedSource: screener.in | – |
| 01 Sep 2026 | Restructuring of EPC solar project in Punjab with direct orders from Garg Acrylics and Nahar IndustrialSource: sahi.com | ₹76.85 Cr |
What to watch next
- Completion of the ₹33.71 crore Solarium Green Energy inverter supply by March 31, 2027
- Execution progress of the ₹420 crore order book as per FY27 growth guidance
- Potential further conversions from the remaining warrants issued in July 2026
| Share price | ₹358.65 |
|---|---|
| Market capitalisation | ₹446.53 Cr |
| Revenue (annual) | ₹414.38 Cr |
| Net profit (annual) | ₹40.12 Cr |
| P/E (TTM) | 11.13×Sector 44.27× |
| Promoter holding | 59.42% |
| FII holding | 0.12%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by GP Eco Solutions India Limited announcing the allotment of equity shares upon warrant conversion. Market figures from a third-party data provider.
