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HomeSHARE MARKETCompany Completed More Than 1000 MW Solar Order; Don't Sell This Share...

Company Completed More Than 1000 MW Solar Order; Don’t Sell This Share Before ₹1000

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Gensol Engineering Ltd (NSE: GENSOL): Today, in this post we’ll discuss about Gensol Engineering latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

Solar power tracker Scorpius Trackers, a subsidiary of Gensol Engineering has achieved great heights. 

Scorpius Trackers, a leading solar tracking technology provider and an affiliate of Gensol Engineering Limited, has disclosed that it has completed solar power projects that exceed 1000MW throughout India, Japan, Saudi Arabia, and Uganda.

With this, Scorpius Tracker has become an important name in the global solar tracking industry.

The Company Business

Scorpius Tracker, a subsidiary of Gensol Engineering, is a leading company in the single-access solar tracker business. 

The company works to take solar power generation efficiency to the maximum level with the help of sales, maintenance, bearing, real-time GPS tracking, and AI-powered SCADA systems. Scorpius Tracker continues to innovate for the benefit of its global clients.

Focus On Increasing The Functioning Of Solar Power

Recently, Gensol Engineering has started expanding operations in the solar business. The company has a 100 MW ground-mounted solar plant in Maharashtra, the order of which is about Rs 520 crore.

This project includes a 3-year contract for the purchase of 500 acres of land, installation of the solar plant, and its operation and maintenance.

Solar Rooftop For Trident

Gensol Engineering has recently completed a 10.6 MW rooftop solar project for Trident Limited. In this way, the company has completed over 600 MW of solar power projects in India.

Gensol Saw A Significant Increase In The Price Of Shares At Gensol

On last trading day, good growth was also recorded in the work of Gensol Engineering and it had touched the level of Rs 902. Gensol Engineering Limited, with a market cap of about Rs 3390 crore, is a leading company in the electric vehicle and solar business.

About Gensol Engineering Ltd Company 

Gensol Engineering Limited provides renewable energy solutions for India, Southeast Asia, the Middle East, and Africa. Gensol Engineering Limited provides solar advisory services. 

These comprise engineering and design for property owners which includes a review of construction supervision, facilitation of permits and clearances; detailed reports on projects and financial closing assistance in addition, engineering design, plant hand-over, and design services. 

It also offers lenders engineering services, which include pre-financial closure due diligence and performance acceptance,& pre-disbursement inspection, performance acceptance services design Engineering and Review services; projects management, and strategic and policy advice services.

Additionally, the firm provides solar EPC services, including RCC roof shed roofs, shed roofs ground mounted, super structures, and solar maintenance and operation services.

Gensol Engineering Limited was founded in 2007 and is located in Ahmedabad, India.

Fundamental Analysis of Gensol Engineering Ltd

Market Cap₹ 3,421 Cr.
Current Price₹ 902
52-wk High₹ 1,377 
52-wk Low₹ 312
Stock P/E63.3
Book Value₹ 77.0
Dividend0.00 %
ROCE12.4 %
ROE21.4 %
Face Value₹ 10.0
P/B Value11.7
OPM26.5 %
EPS₹ 14.4
Debt₹ 871 Cr.
Debt to Equity2.99

Gensol Engineering Ltd Shareholding Pattern

Promoters Holding
Dec 202264.67%
Mar 202364.67%
June 202364.67%
Sept 202364.67%
Dec 202362.60%
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FII Holding
Dec 20221.84%
Mar 20231.83%
June 20231.94%
Sept 20232.57%
Dec 20232.94%
DII Holding
Dec 20220.42%
Mar 20230.66%
June 20230.66%
Sept 20230.75%
Dec 20230.84%
Public Holding
Dec 202233.07%
Mar 202332.85%
June 202332.72%
Sept 202332.01%
Dec 202333.62%
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Gensol Engineering Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 79 Cr
2020₹ 75 Cr
2021₹ 60 Cr
2022₹ 154 Cr
2023₹ 686 Cr

Last 5 Years’ Net Profit:

2019₹ 5 Cr
2020₹ 2 Cr
2021₹ 3 Cr
2022₹ 11 Cr
2023₹ 54 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20190.12
20200.13
20210.06
20221.71
20232.53
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Last 10 Years’ Profit Growth:

10 Years:120%
5 Years:44%
3 Years:132%
Current Year:144%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:21%
3 Years:21%
Last Year:21%

Sales Growth Over 10 Years:

10 Years:86%
5 Years:42%
3 Years:69%
Current Year:138%

Conclusion

This article is a complete guide about Gensol Engineering Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. We are here to provide timely updates about the stock market and financial products to help you make better investment choices.

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