Employees: 2,313
Size Gujarat Pipavav Port (GPPL.NS) is an India Industrials company (Marine Shipping) with a market value of $851M, the 642nd largest of 1,058 India companies the cockpit tracks. Shares closed at ₹166.49 on 6 Nov 2026.
Performance Over six months the shares gained 3.6%, against 0.0% for the median peer and 0.0% for the India market (cap-weighted) — 5th highest of 20 in its peer set.
Growth Revenue grew 25.0% over the last twelve months (peer median +17.6%); the operating margin is 52.4% (peer median 25.2%).
Valuation It trades at 14.7× forward earnings against a peer median of 9.4× (4th most expensive of 18).
Price implies For today's price to make sense, revenue must grow about 16% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is +7 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 5.5 points above its cost of capital (14.8% WACC).
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹12.4B | ₹11.6B | ₹9.86B | ₹9.88B | ₹9.17B |
| Revenue growth | — | +17% | 0% | +8% | — |
| Gross profit | ₹8.16B | ₹6.56B | ₹5.35B | ₹5.36B | ₹4.58B |
| EBITDA | ₹7.75B | ₹7.19B | ₹5.88B | ₹5.85B | ₹5.13B |
| Net income | ₹5.59B | ₹5.15B | ₹3.97B | ₹3.42B | ₹3.13B |
| Free cash flow | n/a | ₹2.75B | ₹4.31B | ₹4.76B | ₹3.32B |
| Capital expenditure | n/a | ₹2.90B | ₹954M | ₹713M | ₹578M |
| Total debt | n/a | ₹369M | ₹604M | ₹792M | ₹794M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | GPPL.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.5% | -6.0% | 7th highest of 21 |
| 6-month return | +3.6% | 0.0% | 5th highest of 20 |
| Distance from 52-week high | -16.8% | -19.0% | 9th highest of 21 |
| Revenue growth (TTM) | +25.0% | +17.6% | 8th highest of 20 |
| Operating margin | 52.4% | 25.2% | 3rd highest of 20 |
| Forward P/E | 14.7× | 9.4× | 4th most expensive of 18 |
| Growth the price implies (Req g, 7 yrs) | 16.2% | -4.0% | most demanding of 10 |
| Growth delivered (Del g) | +9.6% | +5.6% | 3rd highest of 10 |
| Hurdle (Req g minus delivered) | +6.6 pp | -9.6 pp | 2nd most demanding of 10 |
| ROIC minus cost of capital | +5.5 pp | +0.7 pp | 4th highest of 19 |
| EV / EBITDA | 10.4× | 7.0× | 2nd most expensive of 17 |
| Net debt / EBITDA | -1.0× | 2.0× | 3rd least indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Gujarat Pipavav Port GPPL.NS | India | $851M | +4% | +25% | 52% | 14.7× | 16.2% | +9.6% |
| Algoma Central ALC.TO | Canada | $846M | +30% | +18% | 34% | 13.6× | n/a | n/a |
| Safe Bulkers SB | United States | $809M | +1% | +11% | 33% | 9.4× | 3.6% | +6.8% |
| Evergreen International Storage & Transport 2607.TW | Taiwan | $897M | +18% | -15% | 11% | n/a | n/a | n/a |
| Odfjell ODF.OL | Norway | $960M | +3% | -10% | 18% | 6.9× | -12.7% | +5.6% |
| Himalaya Shipping HSHP.OL | Norway | $729M | -2% | +36% | 61% | 7.5× | -3.3% | +36.0% |
| Cj Logistics 000120.KS | South Korea | $1.01B | -32% | +5% | 4% | 7.8× | -4.0% | +2.6% |
| Iino Kaiun Kaisha,Ltd 9119.T | Japan | $1.04B | -6% | +1% | 11% | 11.6× | n/a | n/a |
| d'Amico International Shipping DIS.MI | Italy | $1.09B | -3% | -15% | 36% | 8.0× | -7.3% | +2.3% |
| Klaveness Combination Carriers KCC.OL | Norway | $661M | 0% | +21% | 26% | 5.8× | n/a | n/a |
| 2020 Bulkers 2020.OL | Norway | $1.10B | +20% | +256% | 92% | 170.2× | 9.2% | +7.3% |
| Genco Shipping & Trading GNK | United States | $1.13B | 0% | +26% | 17% | 10.2× | n/a | n/a |
| Volare Shipping VLCC.OL | Norway | $1.17B | n/a | n/a | n/a | n/a | n/a | n/a |
| Solstad Offshore SOFF.OL | Norway | $606M | +4% | +21% | 31% | 6.8× | 3.4% | -9.1% |
| Xingtong Shipping 603209.SS | China | $603M | -5% | +28% | 25% | 11.4× | n/a | n/a |
| Capital Clean Energy Carriers CCEC | United States | $1.24B | +3% | +5% | 50% | 8.1× | n/a | n/a |
| Dong Fang Offshore 7786.TW | Taiwan | $583M | -19% | +52% | 19% | 11.4× | n/a | n/a |
| Rederiaktiebolaget Gotland GOTL-A.ST | Sweden | $582M | -16% | +42% | 1% | 66.5× | n/a | n/a |
| MPC Container Ships MPCC.OL | Norway | $1.26B | 0% | -15% | 37% | 7.8× | -13.3% | +27.1% |
| Ningbo Marine 600798.SS | China | $575M | -12% | +39% | 3% | n/a | -7.5% | +3.5% |
| Rizhao Port 600017.SS | China | $1.26B | -7% | +3% | 13% | 17.1× | n/a | n/a |