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Gujarat Pipavav Port Q1 FY27 Share Price & Earnings Call Analysis

₹159.09-2.12% today
Market cap
₹7,703 Cr
P/E
14.16
ROE
20.77%
PEG
1.11
Price to sales
6.21
Debt to equity
0.02
52W high / low
₹194 / ₹142
Sales growth (5Y)
9.57%
EBITDA margin
62.49%
Net profit margin
42.37%
Promoter holding
44.01%
Sales (last year)
₹1,240 Cr

Gujarat Pipavav Port is India's first private sector port located on the south west coast of Gujarat near Bhavnagar. The port is strategically placed to on International Maritime Trade route which connects India with US, Europe, Africa, Middle East on one side and Far east on the other side.

Guidance scorecard · Q1 FY27 call

What Gujarat Pipavav Port Ltd's management guided
and where it ranks in Transport Infrastructure

#1of 10 in
Transport Infrastructure
Revenue20–40%MarginsFlatCapexPlannedFundraisingWhat management saidOrder bookWhat management said

RevenueQ1 FY27 call

20–40%
  • Overall EBIT growth expected between 20% and 24% year-on-year for FY27.
  • Container volumes projected to increase by 4-5%, targeting approximately 700,000 TEUs.
  • RoRo volumes guidance is 260,000 to 270,000 cars for the financial year.
  • Liquids volumes expected between 1.3 to 1.4 million metric tonnes.
  • Bulk volumes forecasted between 2.4 to 2.6 million metric tonnes.
  • Container business expected to recover from Middle East conflict impact; new Maersk FI2 service anticipated to grow and compensate for suspended Shaheen service.
  • Additional liquid jetty commissioning planned by March 2027, expected to progressively add volumes beyond FY27.

2 more points from Gujarat Pipavav Port Ltd's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

See what Gujarat Pipavav Port Ltd said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • Capital budgeting activities recently done for the Liquid Jetty.
  • Liquid Jetty expansion increasing capacity from 2 million to 5 million metric tonnes, expected completion by March 2027.
  • CapEx for the current year expected around ₹200 crore, major spend on Liquid Jetty commissioning.
  • Future capacity utilisation of the expanded Liquid Jetty will phase in over 3-4 years.
  • Total planned investment of about ₹17,000 crore by GPPL for port expansion, but detailed plans and timelines are still under discussion.

2 more points from Gujarat Pipavav Port Ltd's call on capex

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Full Q1 FY27 analysis

FundraisingQ1 FY27 call

See what Gujarat Pipavav Port Ltd said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Ask what Gujarat Pipavav Port Ltd said on the order book →

Full Q1 FY27 analysis
Full Transport Infrastructure ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Transport Infrastructure
on management's own guidance

  1. Dreamfolks ServiModerate growth
    2
  2. This stockGuj Pipavav PortGood growth
    1
  3. Adani PortsModerate growth
    3
See all potential multibaggersAll Transport Infrastructure rankings

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Transport Infrastructure companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
1Guj Pipavav PortThis stock20–40%Flat₹8,040 Cr14.8
2Dreamfolks Servi10–20%Up 2%+₹322 Cr—
3Adani Ports10–20%Flat₹4.03L Cr30.4
410–20%Flat₹75,458 Cr48.7
510–20%Flat₹20,715 Cr74.7
610–20%Flat₹7,757 Cr19.8

Sign up free to see every company in the sector ranking and track Gujarat Pipavav Port Ltd.

Pro shows every company guiding 40%+ revenue growth →Full Transport Infrastructure ranking

Financials of Gujarat Pipavav Port Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Gujarat Pipavav Port Ltd

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +249235215253270251246227263252250299292
Expenses +10910510910211094969412495102122132
Operating Profit140130106151159157150133139157148178160
OPM %56%55%49%60%59%63%61%58%53%62%59%59%55%
Other Income +-111142519-3222211919206710
Interest2232232212212
Depreciation30282929292929293128313232
Profit before tax1081118914514793140123126146135212136
Tax %26%25%26%26%25%25%25%26%25%25%25%25%26%
Net Profit +798466108110701059294109101158101
EPS in Rs1.641.741.362.232.281.452.161.891.942.262.083.272.10

Financials of Gujarat Pipavav Port Ltd

Profit & Loss

Annual income statement trend

Dec 2013Mar 2015 15mMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +5188676606836497027357337419179889881,094
Expenses +261365278262275313289311331414415410451
Operating Profit257502382421374389447422411503574578643
OPM %50%58%58%62%58%55%61%58%55%55%58%58%59%
Other Income +33-524333745514426132581117
Interest372600007658967
Depreciation618397107104113131133129116116117124
Profit before tax192387309347307321359327302392474536629
Tax %0%0%38%28%35%36%18%33%36%26%25%25%
Net Profit +192387191250198206292218193292354399469
EPS in Rs3.978.013.955.174.114.256.054.524.006.047.328.269.71
Dividend Payout %0%0%48%74%83%82%93%100%100%101%100%99%

Financials of Gujarat Pipavav Port Ltd

Balance Sheet

Capital structure and asset base

Dec 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital483483483483483483483483483483483483483
Reserves9201,3071,5131,5361,5311,5381,6011,5491,5491,5951,6091,6351,691
Borrowings +3040000058474779796351
Other Liabilities +159200282331296348282363442479526498475
Total Liabilities1,8671,9912,2792,3512,3102,3692,4262,4422,5222,6372,6982,6812,699
Fixed Assets +1,3581,3391,3421,6761,6861,5901,5831,4671,4081,3631,3581,3291,342
CWIP106653929232456534995818326
Investments83838383838383838383838383
Other Assets +3205034624995096517548399821,0961,1771,1861,248
Total Assets1,8671,9912,2792,3512,3102,3692,4262,4422,5222,6372,6982,6812,699

Financials of Gujarat Pipavav Port Ltd

Cash Flows

Operating, investing and financing cash movement

Dec 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +290444389402315296340384380370485446
Cash from Investing Activity +-176-207-285-241-129-122-81-101-166-82-107-56
Cash from Financing Activity +-54-332-0-227-204-198-250-296-220-273-370-401
Net Cash Flow60-95104-66-18-258-13-6158-11
Free Cash Flow19933023259261264325339329312413351
CFO/OP122%104%123%110%98%94%90%105%107%95%109%101%

Financials of Gujarat Pipavav Port Ltd

Ratios

Working capital efficiency and return ratios

Dec 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days241516151426232426342118
Inventory Days
Days Payable
Cash Conversion Cycle241516151426232426342118
Working Capital Days-60-31-93-101-91-69-59-75-79-52-106-105
ROCE %13%26%17%17%15%16%18%16%15%21%25%25%

Guidance history

How Gujarat Pipavav Port Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →20–40%FlatPlanned——
Q3 FY26 call →0–10%FlatPlanned——
Q2 FY26 call →10–20%FlatPlanned——

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

31out of 100

Momentum score · price trend

31 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−5.9%56%
Last 6 months+1.9%58%
Last 3 months+5.9%77%

The price is 37.8% below its all-time high of ₹255.6 (1 Apr 2015). Stocks more than 20% below their peak have their score halved, so 61 became 31.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Gujarat Pipavav Port Ltd: 0.4 × 56 + 0.4 × 58 + 0.2 × 77 = 61, halved to 31 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Gujarat Pipavav Port Ltd's management said in earlier quarters

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