1. India Stocks

  2. •

    Industrials

  3. •

    Marine Shipping
Gujarat Pipavav Port Limited

Gujarat Pipavav Port Limited

GPPL.NS
Gujarat Pipavav Port LimitedIN flagNational Stock Exchange of India
155.99
INR
+1.30
- -
75.41BMarket Cap
Gujarat Pipavav Port Limited
GPPL.NS
(National Stock Exchange of India)

Recent

price

155.99

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
8.11
8.65
8.22
9.8
- -
12.51
12.89
12.31
13.61
14.2
14.14
14.24
17.5
19.04
20.4
- -
20.52
Revenue per Share
-1.56
1.35
1.64
3.97
- -
4.71
5.84
4.57
4.9
6.61
4.59
4.08
6.48
7.07
8.21
- -
8.1
Basic EPS, GAAP
1.04
0.18
5.8
6
- -
8.02
8.39
6.51
5.55
6.8
7.08
6.81
6.46
8.64
7.31
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
3.9
3.49
3.39
3.9
5.6
4
5.1
7
7.7
- -
- -
Dividend per Share
12.09
-8.29
-4.8
-0.52
- -
13.61
14.76
15.11
15.9
17.78
16.76
16.85
18.24
18.29
18.79
- -
- -
Book Value per Share
44.75
18.62
26.72
28.98
- -
43.16
44.3
44.64
45.44
47.32
46.27
46.35
47.69
47.79
48.3
- -
- -
Tangible Book Value per Share
350
424
452
483
- -
483
483
483
483
483
483
483
483
483
483
- -
483
Basic Weighted Avg Shares
2,839
3,662
3,715
4,736
- -
6,049
6,233
5,953
6,581
6,863
6,836
6,883
8,463
9,207
9,860
11,584
9,920
Sales/Revenue/Turnover
26.86
34.88
34.23
41.86
- -
47.14
51.32
45.92
42.36
46.36
43.61
41.4
46.78
50.73
46.54
50.27
46.02
Operating Margin (%)
493
558
549
608
- -
973
1,065
1,036
1,128
1,314
1,334
1,293
1,162
1,156
1,171
1,259
- -
Depreciation Expense
-547
571
740
1,918
- -
2,275
2,822
2,210
2,367
3,194
2,220
1,973
3,131
3,420
3,969
5,152
3,915
Net Income, GAAP
- -
- -
- -
- -
- -
34.11
25.6
32.98
32.75
17.18
32.77
35.64
24.22
28.67
28.15
25.27
28.53
Effective Tax Rate (%)
-19.27
15.59
19.91
40.49
- -
37.61
45.28
37.13
35.97
46.54
32.47
28.67
37
37.15
40.25
44.47
39.47
Profit Margin (%)
1,595
537
16
1,170
1,313
1,266
1,635
2,699
4,014
5,311
5,750
6,958
7,632
7,581
7,844
6,412
- -
Working Capital
7,973
6,708
3,039
2,819
- -
- -
- -
- -
- -
396
245
347
617
567
384
130
- -
LT Debt
15,675
7,930
12,117
14,035
18,600
20,871
21,423
21,594
21,974
22,883
22,392
22,435
23,107
23,133
23,372
23,884
- -
Total Equity
- -
6.66
8.47
12.21
- -
9.52
11.24
8.52
8.62
11.63
8.68
8.02
12.83
13.96
13.8
18.02
- -
Return on Invested Capital (%)
- -
18.21
65.95
119.74
- -
41.79
41.2
30.65
31.61
38.57
25.46
23.29
34.98
36.2
41.45
69.75
106.91
Return on Capital (%)
- -
- -
- -
- -
- -
41.77
41.15
30.62
31.58
39.25
26.59
24.29
36.92
38.73
44.28
74.03
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
250
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
384
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
483
- -
Market Capitalization
88,068
66,758
78,078

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
11,405
- -
Cash, Cash Equivalents & STI
- -
10,679
- -
Accounts Receivable, Net
- -
477
- -
Inventories
- -
99
- -
Total Current Liabilities
- -
3,561
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
250
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.37%
1.3%
2.19%
Free Cash Flow
-3.43%
-5.69%
-37.83%
Net Income, GAAP
11.66%
20.53%
29.8%
Sales/Revenue/Turnover
7%
11.4%
17.48%
Total Cash Common Dividend
- -
14.17%
24.61%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,149
2,526
2,696
1,835
9,207
2025
2,460
2,270
2,629
2,516
9,860
2026
2,504
2,923
3,172
- -
11,584

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.4
1.91
2.4
- -
7.07
2025
2.27
1.56
2.06
2.32
8.21
2026
2.16
2.23
2.95
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
7
2025
- -
- -
- -
- -
7.7
2026
- -
- -
- -
- -
- -
Similar Companies
Qatar Navigation Q.P.S.C. (QNNS.QA)
Logistec Corporation (LGT-B.TO)
Pyxis Tankers Inc. (PXSAP)
Teekay Tankers Ltd. (TNK)
Wilh. Wilhelmsen Holding ASA (WWI.OL)
GC Rieber Shipping ASA (RISH.OL)
Business
Gujarat Pipavav Port Limited Gujarat Pipavav Port Ltd (GPPL.NS) operates India's first private sector all-weather port at Pipavav on the southwest coast of Gujarat near Bhavnagar, providing comprehensive marine and cargo handling services including container handling with capacity up to 1.35 million TEUs annually, dry bulk cargo handling of approximately 4-5 million MT per annum encompassing coal, cement, clinker, fertilizers, steel, iron ore, agri-products, salt and soda ash, liquid bulk cargo handling of around 2 million MT per annum covering LPG, POL, chemicals, vegetable oils and bitumen, and RoRo services for vehicle exports; additional offerings comprise berth hire, wharfage, yard operations, stevedorage, pilotage, towage, storage, buffer yard facilities, container freight stations, inland transportation solutions for empty containers to North India, rail-out by bill of lading, direct port delivery, customs examination and data/door turning services. The port, incorporated in 1992 and headquartered in Mumbai with primary operations in Gujarat, serves hinterland markets in northwest India and connects to global trade routes linking the US, Europe, Africa, the Middle East and Far East via efficient rail and road infrastructure. APM Terminals, a subsidiary of A.P. Moller-Maersk Group, acts as lead promoter holding 44.01% stake and majority operator under a concession agreement with Gujarat Maritime Board extending to September 2028. In October 2025, the company signed a Rs 17,000 crore MoU with Gujarat Maritime Board for port expansion and modernization, incorporating new liquid cargo berths, mechanical bulk handling systems, advanced container terminals, digital operations and sustainable infrastructure to boost container, bulk, liquid and RoRo capacities while creating 25,000 jobs; in September 2025, GPPL secured a five-year contract with ONGC for marine support and storage facilities to establish an offshore oil and gas logistics base; additionally, in late 2024, it entered a 25-year power purchase agreement with CleanMax for hybrid wind-solar energy to enhance sustainability and reduce carbon footprint.