# GK Energy share price today (GK Energy Ltd, NSE: GKENERGY)

> GK Energy share price today: ₹98.75 at the NSE close on 3 November 2026, down 51.9% in a year. GK Energy (NSE: GKENERGY) is worth ₹2,003 crore, trades at a P/E of 8.8 and has closed between ₹90.17 and ₹206.12 over the past 52 weeks. > GK Energy Ltd's earnings have grown faster than its share price. Earnings per share grew +26.7% in a year while the price moved −51.9%. GKENERGY · Solar Pumps · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/gk-energy-ltd

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## Key numbers

- Price: ₹98.75 (−51.9% in a year)
- P/E: 8.8× (lower than 98% of the last 1 year)
- Revenue (Sep 2026): ₹403 Cr (+12.6% on a year ago)
- Profit (Sep 2026): ₹49.0 Cr (+6.5% on a year ago)
- Operating margin: 18.0% (−2.0 points on a year ago)
- ROCE: 41%, FY26
- ROIC: 27.6%, against a 12.0% cost of capital: +15.6 points
- Profit that came in as cash: −14%, last 3 years

The main question: profits are rising, but only −14% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the GK Energy share price today? GK Energy Ltd's share price was ₹98.75 at the close on 3 November 2026. It has been falling for 9 weeks. That is 23.8% 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 7% of the way up from that low. 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 −41% 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. ## What changed at GK Energy this quarter? 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. ## What are GK Energy's latest quarterly results? 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

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹403 crore | ₹358 crore | +12.6% |
| Profit | ₹49.0 crore | ₹46.0 crore | +6.5% |
| Earnings per share | ₹2.43 | ₹2.29 | +6.1% |
| Operating margin | 18.0% | 20.0% | −2.0 points |

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.)

## What is the GK Energy share price history? GK Energy closed at ₹98.75 on 3 November 2026, down 51.9% from ₹205.42 a year earlier (31 October 2025). Its highest weekly close since September 2025 was ₹221.56 on 24 October 2025. ### GK Energy share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹94.24 | +4.8% |
| 1 month ago · 1 Oct 2026 | ₹114.76 | −14.0% |
| 6 months ago · 30 Apr 2026 | ₹127.38 | −22.5% |
| 1 year ago · 31 Oct 2025 | ₹205.42 | −51.9% |
| Earliest weekly close in our records · 26 Sep 2025 | ₹167.74 | −41.1% |
| Highest weekly close since September 2025 · 24 Oct 2025 | ₹221.56 | −55.4% |
| Lowest weekly close since September 2025 · 23 Oct 2026 | ₹94.24 | +4.8% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹206.12 | −52.1% |
| 52-week low (weekly close) · 30 Mar 2026 | ₹90.17 | +9.5% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (62 weekly closes from 26 September 2025 to 3 November 2026.)

## What is the latest news on GK Energy? 3 Nov 2026: GK Energy closed at ₹98.75, up 4.8% on the week and down 14.0% 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. ## What dividend does GK Energy pay? GK Energy paid ₹0.50 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.51% at the ₹98.75 close on 3 November 2026. The last was a dividend of ₹0.50 a share, ex-date 24 August 2026. ### GK Energy dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 24 Aug 2026 | ₹0.50 | Dividend |

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. 0 of 5 Of the last 5 financial years, years with an NSE dividend record

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 4 November 2026.)

## What did GK Energy management say on the latest results call? 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](https://files.tijoristack.ai/concall/transcript/58629-29-Oct-2026.pdf). (From the call for July to September 2026, 29 October 2026.)

## What to watch in GK Energy's next results? 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. - What to check (from the call)
- PM-KUSUM Q3 rollout with Q4 benefits - scheme live and inflow to confirm against full-year path. - H2 execution to fallback and full paths - second-half print to show rooftop-led gap closure. - Collection to year-end aim - debtor standing and cash to confirm snap-back from H1. ## Which stock lists is GK Energy on? GK Energy is on 2 of our India lists: Penny stocks and Power & green energy stocks. - [Penny stocks Earnings growth, 12 months (%): 20.34](https://www.sectoralpha.in/penny-stocks-india)
- [Power & green energy stocks Group on the list: Solar and wind equipment makers](https://www.sectoralpha.in/sectors/power-stocks-india)

## Is GK Energy profitable? 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. 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. ## How much revenue does GK Energy make, and is it growing? 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. 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. ## How much of every ₹100 of sales does GK Energy keep? 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. 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. ## Is GK Energy's profit turning into cash? 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. 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. ## Where does GK Energy's cash go? 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. 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. ## What is GK Energy's P/E ratio, and how does it compare with its own history? GK Energy Ltd's P/E is 8.8×, 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. 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 −51.9%. 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. ## Is the GK Energy business getting better or worse? 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. 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. ## How much does GK Energy earn on its capital? 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). 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. ## Does GK Energy have too much debt? 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. ## What is the GK Energy shareholding pattern? 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. 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. ## How far is GK Energy from balance-sheet trouble? 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. ## How does GK Energy rank in its industry? 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. ## Which companies is GK Energy compared with? GK Energy ranks 1 of 3 Solar Pumps companies on the 4-Factor Sector Score, with 64.8 out of 100. 1. GK Energy Ltd this page GKENERGY · quiet · Evidence leans up · 65% evidence 64.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.8/35 · Revenue 34.8% · Profit 37.6% · Operating margin change -2 points · 100% evidence Capital efficiency 20.5/25 · ROCE 40.9% · Operating margin 18% · 100% evidence Valuation 10.0/20 · P/E 8.6× · PEG n/a · 0% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -22.6% · 1 year -53.3% · 25% evidence · 1 of 12 weeks ahead Exact sum: 26.8 + 20.5 + 10 + 7.5 = 64.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Oswal Pumps Ltd](https://www.sectoralpha.in/stocks/oswal-pumps-ltd) OSWALPUMPS · quiet · Evidence leans up · 71% evidence 53.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.7/35 · Revenue 29.1% · Profit 10.5% · Operating margin change -11 points · 88% evidence Capital efficiency 18.9/25 · ROCE 36.4% · Operating margin 16% · 100% evidence Valuation 13.3/20 · P/E 6.8× · PEG 1.04 · 50% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -44.6% · 1 year -72.2% · 25% evidence · 0 of 12 weeks ahead Exact sum: 13.7 + 18.9 + 13.3 + 7.5 = 53.4 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 3. [Shakti Pumps (India) Ltd](https://www.sectoralpha.in/stocks/shakti-pumps-indialtd) SHAKTIPUMP · quiet · Evidence leans down · 97% evidence 47.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.5/35 · Revenue 15.8% · Profit -60% · Operating margin change -11 points · 100% evidence Capital efficiency 17.1/25 · ROCE 23.6% · Operating margin 9% · 100% evidence Valuation 14.5/20 · P/E 27.2× · PEG 0.74 · 85% evidence Relative strength 7.7/20 · Lead over its industry 3.1% · Lead over NIFTY 500 -33.4% · 1 year -56.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 8.5 + 17.1 + 14.5 + 7.7 = 47.8 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 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](https://www.sectoralpha.in/sectors/solar-pumps), all 3 compared on one page. ## Which companies are close to GK Energy in size? 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](https://www.sectoralpha.in/stocks/shakti-pumps-indialtd) ₹4,364 crore
2. [Oswal Pumps Ltd](https://www.sectoralpha.in/stocks/oswal-pumps-ltd) ₹2,303 crore
3. GK Energy Ltd ₹1,945 crore

[All 3 Solar Pumps companies, largest first](https://www.sectoralpha.in/sectors/solar-pumps#all-companies)

### Companies close in size in other industries

1. [Macpower CNC Machines Ltd](https://www.sectoralpha.in/stocks/macpower-cnc-machines-ltd) ₹1,948 crore · CNC - Machines
2. [Hester Biosciences Ltd](https://www.sectoralpha.in/stocks/hester-biosciences-ltd) ₹1,947 crore · Pharma - Animal
3. GK Energy Ltd ₹1,945 crore
4. [Deepa Jewellers Ltd](https://www.sectoralpha.in/stocks/deepa-jewellers-ltd) ₹1,934 crore
5. [Indoco Remedies Ltd](https://www.sectoralpha.in/stocks/indoco-remedies-ltd) ₹1,923 crore · Pharma - Formulators

## What else do people ask about GK Energy? ### What is GK Energy's share price today? GK Energy Ltd's share price is ₹98.75, −51.9% over the past year. The whole company is worth ₹2,003 Cr on the market. In the last 52 weeks it traded between ₹90 to ₹206; today it is 7% of the way up from the low, 23.8% below its 200-day average (as of 3 November 2026). ### What were GK Energy's latest quarterly results? GK Energy Ltd reported revenue of ₹403 Cr and net profit of ₹49.0 Cr for the Sep 2026 quarter. Revenue rose 12.6% and profit rose 6.5% compared with a year earlier. Earnings per share were ₹2.43. The operating margin was 18.0%, 2.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is GK Energy's market cap? GK Energy Ltd's market capitalisation is ₹2,003 Cr at a share price of ₹98.75. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### What is GK Energy's P/E ratio? GK Energy Ltd's P/E is 8.8×, higher than 2% of its own last 1 years. Its usual level (the middle reading) is 13.7×. This compares the price with the company's own past; it is not a view on what the shares are worth (as of 3 November 2026). ### How is GK Energy valued against its own history? Against its own history, GK Energy Ltd's valuation is low: its P/E of 8.8× has been lower only 2% of the time in 1 years (usual level 13.7×). This compares the price with the company's own past; it is not a view on what the shares are worth or where the price goes next. One thing to keep in mind: margins are the best this company has ever reported, and a multiple can look low when profit is at a record (as of 3 November 2026). ### How is GK Energy performing? GK Energy Ltd's share price has been falling for 9 weeks. In its latest quarter, revenue rose 12.6% and profit rose 6.5% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 15 weeks running (as of 3 November 2026). ### Will GK Energy's share price go up? This page does not forecast GK Energy Ltd's share price. What it shows instead: the share price is ₹98.75, and it has been falling for 9 weeks. Its P/E of 8.8× is higher than 2% of its own last 1 years (as of 3 November 2026). ### Who owns GK Energy? Promoters own 79.2% of GK Energy Ltd, foreign institutions 1.0%, domestic institutions 7.0% and the public 12.8% (latest quarter). The biggest change over the last two years: Domestic institutions cut their stake by 1.6 percentage points over 4 quarters (as of 3 November 2026). ### Does GK Energy have too much debt? No, GK Energy Ltd has little debt: its debt is 0.23× its equity, and its operating profit is 8 times its interest bill. FY26 borrowings were ₹203 Cr against equity of ₹885 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is GK Energy in its business cycle? GK Energy Ltd's FY26 operating margin was 20.0%, against a 5-year range of 6.0% to 20.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 18.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the GK Energy story? The main question: profits are rising, but only −14% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is GK Energy a stock worth studying right now? What the numbers show: GK Energy Ltd's earnings have grown faster than its share price. Earnings per share grew +26.7% in a year while the price moved −51.9%. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a GK Energy share price forecast for 2026? What management itself guided: FY27 ₹2,200 crore without PM-KUSUM near 40% growth, implying ₹1,300 crore H2 with ₹500 crore rooftop capture. ## Lists

- Penny stocks: https://www.sectoralpha.in/penny-stocks-india
- Power & green energy stocks: https://www.sectoralpha.in/sectors/power-stocks-india

This is research, not advice. We’re not SEBI-registered.