GK Energy share price today

GK Energy Ltd's share price was ₹101.77 at the close on 4 November 2026. It has been falling for 9 weeks. That is 21.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹90 and ₹206, and at that close it sat 10% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today GK Energy Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 15 weeks running.

Over the last 1 year the share price moved −39% while the NIFTY 500 moved −5%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 24 July 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: revenue up on a year earlier for 6 quarters in a row (every quarter we can compare) and profit up on a year earlier for 6 quarters in a row (every quarter we can compare).

1. Revenue up on a year earlier for 6 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹403 crore, +12.6% on a year earlier.

   Why: Revenue rose because rooftop systems became a second source of work, with a large institutional order and more retail installs.

   Next results: check whether PM-KUSUM starts in the third quarter and whether second half rooftop work fills any gap.

   From the earnings call on 29 Oct 2026.

2. Profit up on a year earlier for 6 quarters in a row (every quarter we can compare)

   In the September 2026 quarter profit was ₹49 crore, +6.5% on a year earlier.

   Why: Profit rose because planning and a controlled supplier network helped the company absorb hurdles.

   Next results: check whether the company holds the 17% to 18% margin it expects for the year.

   From the earnings call on 29 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), GK Energy reported revenue of ₹403 crore, up 12.6% from ₹358 crore a year earlier, and a profit of ₹49.0 crore, up 6.5% from ₹46.0 crore.

GK Energy results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

GK Energy's management discussed these results on a call held on 29 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

GK Energy closed at ₹101.77 on 4 November 2026, down 50.6% from ₹206.12 a year earlier (7 November 2025). Its highest weekly close since September 2025 was ₹221.56 on 24 October 2025.

GK Energy share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

62 weekly closes from 26 September 2025 to 4 November 2026.

4 Nov 2026: GK Energy closed at ₹101.77, up 6.1% on the week and down 11.3% on the month. 29 Oct 2026: GK Energy held its results call for July to September 2026. Management guided: FY27 ₹2,200 crore without PM-KUSUM near 40% growth, implying ₹1,300 crore H2 with ₹500 crore rooftop capture.

Earlier

• Results for July to September 2026: Revenue up 12.6% and profit up 6.5% on a year earlier.
• 24 Aug 2026: ex-date for a dividend of ₹0.50 a share.

GK Energy paid ₹0.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.49% at the ₹101.77 close on 4 November 2026. The last was a dividend of ₹0.50 a share, ex-date 24 August 2026.

GK Energy dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. GK Energy Ltd paid out 5% of its profit as dividends in FY26, and it paid a dividend in 1 of its last 5 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 29 October 2026, GK Energy's management guided: FY27 ₹2,200 crore without PM-KUSUM near 40% growth, implying ₹1,300 crore H2 with ₹500 crore rooftop capture.

“There is no question about it. If PM-KUSUM is rolled out very well and starts on time, then we are on track for that number if PM-KUSUM is there. If it is not there, we still have 40% growth.”Gopal Kabra, on the call for July to September 2026

What management guided

• FY27 ₹3,000 crore on track if PM-KUSUM rolls out well and on time.
• FY27 operating margin 17%-18% on planning and controlled manufacturing ecosystem.
• Two-digit profit to be held with procurement and management alignment supporting profitability discipline.
• Year-end receivables at maximum 120-150 days, with October inflows normalizing.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 29 October 2026.

When GK Energy reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: PM-KUSUM Q3 rollout with Q4 benefits - scheme live and inflow to confirm against full-year path.

GK Energy is on one of our India lists: Power & green energy stocks.

GK Energy Ltd earned ₹49.0 Cr of net profit in the Sep 2026 quarter, +6.5% on the same quarter a year earlier. That is the 6th quarter in a row of profit growth. Full-year FY26 profit was ₹201 Cr. Over 4 years profit has grown 216.6% a year on average. That is 12.2% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹46.0 Cr.

For the full year, FY26 profit was ₹201 Cr (+51.1% on the year before).

Why profit moved: revenue changed +12.6% on a year earlier and the margin moved −2.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +39.8% and revenue +36.6%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

GK Energy Ltd reported ₹403 Cr of revenue in the Sep 2026 quarter, +12.6% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 4 years it has grown 116.3% a year on average. The last full year, FY26, came in at ₹1,533 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,787 Cr.

FY26 revenue was ₹1,533 Cr, +40.0% on the year before.

Recent pace: the last four quarters grew +36.6% on average, against 116.3% a year over the longer run, so this year is growing slower than its own long-run rate.

GK Energy Ltd's operating margin was 18.0% in the Sep 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 6.0% and 20.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −2.0 percentage points on the year while gross margin changed −1.4 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead.

Over the last 3 years GK Energy Ltd's operations used more cash than they brought in, so cash conversion was −14%, a gap worth watching. In FY26 it brought in ₹53.0 Cr of operating cash against ₹201 Cr of profit. After ₹96.0 Cr of spending on assets, free cash was −₹43.0 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why −14% of profit came in as cash: the cash cycle stayed about the same between FY22 and FY26, so the cash follows profit, not the cycle. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: the bigger use of cash is spending on new assets, at 17.7× depreciation over three years. The next section checks what that spending is building.

GK Energy Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 112 days in FY26, down from 113 days in FY22. It spent ₹106 Cr on assets over the last 3 years. Customers take 140 days to pay, and stock sits for 21 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,533 Cr, each day of that cycle ties up about ₹4.2 Cr, so roughly ₹470 Cr is tied up in the business at any time.

FY26: customers took 140 days to pay and stock sat for 21 days, about 0.7 months of sales sitting as stock, for a full cycle of 112 days, shorter than FY22's 113.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 21 days. Customers pay about 140 days after that. Suppliers are paid at 49 days. Together that makes the 112-day cycle.

Spending on assets: ₹106 Cr over the last 3 years, against ₹6.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

GK Energy Ltd's P/E is 9.1×, about the lowest it has ever been. Its usual P/E (the middle reading) is 13.7×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks.

Why the multiple is where it is: over the past year earnings per share moved +26.7% while the price moved −50.6%. Earnings did better than the price, which pulled the multiple down within its own range.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

GK Energy Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 7 quarters of 1 measure, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

GK Energy Ltd earned a ROCE of 41% in FY26. That is up from a low of 36% in FY23. Its return on capital used (ROIC) is 15.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 13.1% net margin and 1.18× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 13.1% net margin × 1.18× asset turnover × 1.47× leverage (assets divided by equity) ≈ 22.7% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 27.6% − 12.0% = +15.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value.

The 27.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 38.8%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

GK Energy Ltd has total debt of ₹344 Cr against shareholder equity of ₹984 Cr as of Sep 2026, so its debt is 0.35× its equity. Year by year, that ratio went from 1.11 in FY24 to 0.23 in FY26. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

Domestic institutions cut their stake in GK Energy Ltd by 1.6 percentage points over 4 quarters, the biggest change among its owners. Domestic institutions now own 7.0% of the company. Foreign institutions moved −0.7 points over the same period, to 1.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: −1.6 points over 4 quarters, to 7.0%; Foreign institutions: −0.7 points over 4 quarters, to 1.0%; Promoters: +0.0 points over 4 quarters, to 79.2%.

Why the owners changed: domestic institutions drove it (−1.6 points), together with foreign institutions (−0.7 points). They reduced their stake.

For GK Energy Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

64.8 out of 100, rank 1 of 3 in Solar Pumps, with 65% of the evidence available.

GK Energy Ltd scores 64.8 out of 100 against the 3 companies it is compared with in Solar Pumps, ranking 1. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 26.8 + 20.5 + 10 + 7.5 = 64.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

GK Energy ranks 1 of 3 Solar Pumps companies on the 4-Factor Sector Score, with 64.8 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Solar Pumps, all 3 compared on one page.

GK Energy is the 3rd largest of 3 Solar Pumps companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Shakti Pumps (India) and Oswal Pumps. It is the smallest.

Solar Pumps companies close in size

1. Shakti Pumps (India) Ltd ₹4,364 crore
2. Oswal Pumps Ltd ₹2,303 crore
3. GK Energy Ltd ₹1,945 crore

All 3 Solar Pumps companies, largest first

Companies close in size in other industries

1257. Hester Biosciences Ltd ₹1,947 crore · Pharma - Animal
1258. Landmark Cars Ltd ₹1,947 crore · Retail - Vehicles
1259. GK Energy Ltd ₹1,945 crore
1260. Kross Ltd ₹1,942 crore · Auto Ancillaries - Transmission
1261. AWFIS Space Solutions Ltd ₹1,938 crore · Realty - CoWorking

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.