GP Eco Solutions Achieves Strong Growth, Driven by Focus on BESS Technology
GP Eco Solutions India Limited has shown sustained growth and strong financial performance as it solidifies its position in India's renewable energy sector. The company is aggressively focusing on Battery Energy Storage Systems (BESS), aligning with the nation's clean energy transition goals.Entering FY25-26, GP Eco Solutions continued its expansion momentum, reporting a significant increase in revenue and net profit after tax (PAT). Management has set ambitious growth targets, aiming for a 3x revenue increase in FY27 and a 5x growth in FY28, building upon the foundation laid in FY26.
The company’s strategic focus is heavily placed on BESS, which it identifies as one of India's fastest-growing renewable energy segments. Through its subsidiary, Invergy India, GP Eco Solutions has established an installed base of over 50 MWh and a total BESS capability exceeding 500 MWh, with plans underway to scale this capacity up to 3GWh.
Financial Performance Highlights (FY25 - FY26)
The financial health of GP Eco Solutions reflects the strong market demand for integrated solar and storage solutions. The company reported a considerable increase in profitability across the fiscal years. Key performance indicators show robust growth:| Particulars | FY25 (INR Crs.) | FY26 (INR Crs.) | Y-o-Y Change |
|---|---|---|---|
| Total Income | 247.44 | 417.71 | 68.82% |
| EBITDA | 16.88 | 62.59 | 270.96% |
| PAT | 10.36 | 40.12 | 287.28% |
| EPS (INR) | 8.85 | 33.91 | 283.90% |
Balance Sheet Strength and Liquidity
GP Eco Solutions maintained a robust balance sheet across the fiscal years, reflecting significant growth in both liabilities and assets. The company’s total liabilities increased to 441.34 INR Crs. in FY26, demonstrating strong capital investment.A snapshot of the company's balance sheet is provided below:
| Particulars | FY25 (INR Cr.) | FY26 (INR Cr.) |
|---|---|---|
| Total Equity | 64.83 | 112.24 |
| Long Term Borrowings | 2.85 | 43.18 |
| Total Current Liabilities | 94.60 | 285.58 |
| TOTAL LIABILITIES | 162.28 | 441.34 |
| Total Assets | 162.28 | 441.34 |
Operational Scope and Milestones
GP Eco Solutions operates across four key verticals: Distribution, EPC/IPPI Manufacturing, and Consulting. The company’s operational footprint includes over 10 warehouses nationwide to ensure distribution coverage. With a team exceeding 200 members in operations, EPC, and technical divisions, the firm manages substantial projects both domestically and internationally.Operational highlights include:
- Project Execution: Over 250 MW of Solar EPC Projects are currently under execution.
- BESS Projects: More than 500+ MWh of BESS Projects are under execution.
- Clients and Reach: The company has over 5100 active clients across residential, commercial, and industrial segments.
The company’s growth journey includes several critical milestones:
- 2013: Ventured into solar EPC services.
- 2021: Supplied 583+ MW of solar products and incorporated Invergy India Pvt. Ltd., marking entry into BESS manufacturing.
- 2025/26: Commissioned India's first fully indigenous 1 MWh BESS, achieved through a six-month design-to-commission process.
Advancements in Technology and Manufacturing
The company is driving innovation through its specialized divisions:Invergy Driving Smart Energy Innovation:
GP Eco Solutions’ OEM arm focuses on Battery Energy Storage Systems (BESS), hybrid/on-grid/off-grid inverters, and LiFePO4 battery packs. Invergy manufactures a range of residential and C&I inverters (1.5 kW - 80 kW) and BESS units (5 kWh - 5 MWh). The company has established significant R&D capabilities with manufacturing facilities in India and partnerships across Dubai and London.
Comprehensive Solar + Storage Solutions:
The firm integrates capabilities across the value chain, offering solutions ranging from DISTRIBUTION to MANUFACTURING and EPC + PMC. Advanced systems include Sunergy Energy Platform, a unified digital ecosystem for real-time monitoring and control of solar and hybrid assets.
Focus on Indigenous Manufacturing:
A landmark achievement was the commissioning of the 1 MWh / 1085 kWh BESS, which is fully indigenous—designed, manufactured, tested, and commissioned in India with zero technology transfer, demonstrating a commitment to Atmanirbhar Bharat (Self-Reliant India).
Expansion Plans
To meet future demand, GP Eco Solutions has an aggressive expansion plan. A 3GWh facility is set to be commissioned at Dasna in Q17. The company aims for 5GWh capacity across two phases by FY28, with Phase-1 CapEx targeting over 200 Cr for automation and containerized BESS assembly.GPECO Stock Price Movement
Shares of GP Eco Solutions India Limited closed lower today, shedding 0.52% as the stock settled at ₹439.65. The security saw a total traded volume of 10,800 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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