1. At a Glance
With revenue that’s gone from “blink and miss” to “gone with the wind,” Gita Renewable is technically in the renewable business, but financially? It’s generating more confusion than power. Despite a ₹119 price tag, its fundamentals scream ₹9.19.
2. Introduction with Hook
Imagine starting a solar plant, wind farm, hydro project… and then ghosting all of them. Gita Renewable is that company. With the drama of a daily soap and numbers that make even auditors sigh, it’s a classic “high expectations, zero execution” stock.
- Market Cap: ₹49 Cr
- Book Value: ₹31.9 (but trades at 3.74x)
- Last 5Y Sales Growth: -30% (reverse rocket)
- Last 5Y Profit Growth: +12% (from negative to less negative)
This is either the most misunderstood clean-tech turnaround play or a masterclass in staying listed without doing much.
3. Business Model (WTF Do They Even Do?)
Gita Renewable claims to be in the business of:
- Generating electricity from solar, wind, and hydro
- O&M services for renewable infra (their own and third party)
- No actual power sold in FY25
You read that right — in the March 2025 quarter, sales = ₹0.00 Cr. The “business model” is bordering on fictional
