Gujarat Industries Power Co (NSE:GIPCL) Debt-to-Equity: 0.94 (As of Mar. 2026) — 395% Above Median

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NSE:GIPCL Gujarat Industries Power Co Ltd NSE:GIPCL
72 GF Score
Price ₹160.79
GF Value ₹217.43
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Gujarat Industries Power Co Debt-to-Equity?

Gujarat Industries Power Co NSE:GIPCL -0.89% 72 Debt-to-Equity is 0.94 as of Mar. 2026, which is 395% above its 10-year median of 0.19. GuruFocus rates NSE:GIPCL with a GF Score™ of 72/100 and a GF Value™ of ₹217.43 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 472 Utilities - Regulated companies, Gujarat Industries Power Co ranks better than 51.69% on this metric.

Gujarat Industries Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹1,403 Mil. Gujarat Industries Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹34,539 Mil. Gujarat Industries Power Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹38,402 Mil. Gujarat Industries Power Co's debt to equity for the quarter that ended in Mar. 2026 was 0.94.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Gujarat Industries Power Co's Debt-to-Equity or its related term are showing as below:

NSE:GIPCL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16   Med: 0.19   Max: 0.94
Current: 0.94

During the past 13 years, the highest Debt-to-Equity Ratio of Gujarat Industries Power Co was 0.94. The lowest was 0.16. And the median was 0.19.

NSE:GIPCL's Debt-to-Equity is ranked better than
51.69% of 472 companies
in the Utilities - Regulated industry
Industry Median: 0.975 vs NSE:GIPCL: 0.94

Gujarat Industries Power Co  (NSE:GIPCL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Gujarat Industries Power Co Debt-to-Equity Related Terms


Gujarat Industries Power Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Gujarat Industries Power Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gujarat Industries Power Co Debt-to-Equity Chart

Gujarat Industries Power Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.16 0.19 0.58 0.94

Gujarat Industries Power Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.58 N/A 0.79 N/A 0.94

NSE:GIPCL vs NEE, SO, DUK: Debt-to-Equity Comparison

For the Utilities - Regulated Electric subindustry, Gujarat Industries Power Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gujarat Industries Power Co Debt-to-Equity vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gujarat Industries Power Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Gujarat Industries Power Co's Debt-to-Equity falls into.


NSE:GIPCL
72GF Score
Gujarat Industries Power Co Ltd NSE:GIPCL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gujarat Industries Power Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gujarat Industries Power Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Gujarat Industries Power Co's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.94 mean?
Gujarat Industries Power Co (NSE:GIPCL) has a Debt-to-Equity of 0.94 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Gujarat Industries Power Co and its competitors. This is 395% above median its historical median of 0.19. Over the past decade, Gujarat Industries Power Co's Debt-to-Equity has ranged from 0.16 to 0.94. According to the industry distribution chart, Gujarat Industries Power Co ranks #228 out of 472 companies in the Utilities - Regulated industry, placing it in the top 48.3%.
Is Gujarat Industries Power Co's Debt-to-Equity too high?
Gujarat Industries Power Co's current Debt-to-Equity of 0.94 is 395% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.94. The Utilities - Regulated industry median Debt-to-Equity is 0.98. Gujarat Industries Power Co's value of 0.94 is 3.6% below this industry median. Based on the distribution chart, Gujarat Industries Power Co ranks #228 out of 472 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Gujarat Industries Power Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Industries Power Co's Debt-to-Equity compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Gujarat Industries Power Co ranks #228 out of 472 companies for Debt-to-Equity. This puts Gujarat Industries Power Co in the upper half of its industry. The industry median Debt-to-Equity is 0.98. Gujarat Industries Power Co's value of 0.94 is 3.6% below this benchmark. Historically, Gujarat Industries Power Co's own Debt-to-Equity has ranged from 0.16 to 0.94 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.98, Gujarat Industries Power Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Regulated company?
The median Debt-to-Equity among Utilities - Regulated companies is 0.98, based on 472 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gujarat Industries Power Co's current Debt-to-Equity of 0.94 is 3.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Gujarat Industries Power Co and its competitors. For the Utilities - Regulated industry, the median Debt-to-Equity is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Industries Power Co's current Debt-to-Equity is 0.94, which is 395% above median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Industries Power Co stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Industries Power Co (NSE:GIPCL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹217.43, compared to a current price of ₹160.79 — trading 26% below its estimated fair value. The current Debt-to-Equity is 0.94, which is 395% above median its 10-year median of 0.19 and 3.6% below the Utilities - Regulated industry median of 0.98. Gujarat Industries Power Co's overall GF Score™ is 72/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Gujarat Industries Power Co (NSE:GIPCL), the current Debt-to-Equity is 0.94 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gujarat Industries Power Co (NSE:GIPCL) Overvalued in 2026?

Based on GuruFocus' analysis, Gujarat Industries Power Co stock appears to be undervalued. The current stock price of ₹160.79 is trading 26% below its estimated GF Value™ of ₹217.43. GuruFocus considers Gujarat Industries Power Co to be Modestly Undervalued.

Key valuation signals for NSE:GIPCL:

  • Debt-to-Equity: 0.94 (395% above median its 10-year median of 0.19)
  • GF Value™: ₹217.43 vs. price of ₹160.79 (26% below fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 3.6% below the Utilities - Regulated median (#228 of 472)

No single metric tells the full story. See the NSE:GIPCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gujarat Industries Power Co Business Description

Other Exchanges 517300:India
Address P.O. Ranoli, Vadodara, GJ, IND, 391350
Gujarat Industries Power Co Ltd is involved in the business of electrical power generation. The company generates power from gas, lignite, wind, and solar energy sources. In addition, it is involved in the development of a hybrid renewable energy park. The company generates a majority of its revenue from the sale of electrical energy to its customers in India.
72GF Score

Get the complete analysis for NSE:GIPCL

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹160.79
Price
₹217.43
GF Value