INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol GPECO
MSEI Symbol NOTLISTED
ISIN INE0S7E01015
Name of Company GP ECO SOLUTIONS INDIA LIMITED
Type of company SME
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 12-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 07-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Half Yearly
Reporting Quarter Yearly
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment as per the definition of 'business segment' it is concluded that there is not more than one business segment, therefore the disclosure of segment wise information is not applicable to the company
Start date and time of board meeting 12-May-2025   11:30:00
End date and time of board meeting 12-May-2025   12:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public Yes
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. Yes
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? No
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
NA


Financial Results — Other than Bank
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Oct-2024 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Revenue From Operations
Revenue from operations 1608844000 2400938000
Other income 4660000 9636000
Total Income 1613504000 2410574000
2 Expenses
(a) Cost of materials consumed 1336337000 2127933000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 129963000 17220000
(d) Employee benefit expense 16093000 28217000
(e) Finance costs 12433000 20703000
(f) Depreciation and amortisation expense 4106000 6863000
(g) Other Expenses
1 Total Expenses 42097000 72608000
Total other expenses 42097000 72608000
Total expenses 1541029000 2273544000
3 Profit before exceptional and extraordinary items and tax 72475000 137030000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 72475000 137030000
6 Extraordinary items 0 0
7 Profit before tax 72475000 137030000
8 Tax Expense
Current tax 18844000 34170000
Deferred tax 411000 388000
Total tax expenses 19255000 34558000
9 Net Profit Loss for the period from continuing operations 53220000 102472000
10 Profit (loss) from discontinuing operations before tax 0 0
11 Tax expense of discontinuing operations 0 0
12 Net profit (loss) from discontinuing operation after tax 0 0
13 Profit (loss) for period before minority interest 53220000 102472000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 53220000 102472000
17 Details of equity share capital
Paid-up equity share capital 11710800000000 11710800000000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 0
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 4.54 8.75
Diluted earnings (loss) per share from continuing and discontinued operations 4.54 8.75
20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio
23 Disclosure of notes on financial results


Remarks
20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio


Cash flow statement — indirect
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 137030000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 0
Adjustments for depreciation and amortisation expense 6863000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for share-based payments 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 6863000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 17220000
Adjustments for decrease (increase) in trade receivables -419272000
Adjustments for decrease (increase) in other current assets -21041000
Adjustments for increase (decrease) in trade payables 334470000
Adjustments for increase (decrease) in other current liabilities 252869000
Adjustments for provisions 8564000
Total adjustments for working capital 172810000
Total adjustments for reconcile profit (loss) 179673000
Net cash flows from (used in) operations 316703000
Dividends received 0
Interest paid 0
Interest received -9000000
Income taxes paid (refund) 34170000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items 273533000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities 273533000
4 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 125751000
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property plant and equipment 0
Purchase of property plant and equipment 180101000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 9000000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -135774000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -432626000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -432626000
Cash flows from used in financing activities
Proceeds from issuing shares 32760000
Proceeds from issuing other equity instruments 234275000
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 16226000
Dividends paid 0
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items 250809000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 250809000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 91716000
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 91716000
Cash and cash equivalents cash flow statement at beginning of period 2046000
Cash and cash equivalents cash flow statement at end of period 93762000


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Equity and liabilities
1 Shareholders' funds
Share capital 117108000
Reserves and surplus 466892000
Money received against share warrants 0
Total shareholders' funds 584000000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest
5 Non-current liabilities
Long-term borrowings 22916000
Deferred tax liabilities (net) 438000
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 0
Long-term provisions 0
Total non-current liabilities 23354000
6 Current liabilities
Short-term borrowings 300921000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 467479000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 26595000
Total Trade payable 494074000
Other current liabilities 88115000
Short-term provisions 34701000
Total current liabilities 917811000
Total equity and liabilities 1525165000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 203203000
Producing properties 0
Intangible assets 0
Preproducing properties
Property, Plant and Equipment capital work-in-progress
Intangible assets under development or work-in-progress
Total Property, Plant and Equipment and Intangible assets 203203000
ii Non-current investments 138928000
v Deferred tax assets (net) 0
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 0
viii Other non-current assets 151353000
Total non-current assets 493484000
Current assets
Current investments 0
Inventories 120092000
Trade receivables 678555000
Cash and cash equivalents 93762000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 0
Other current assets 139272000
Total current assets 1031681000
Total assets 1525165000
Disclosure of notes on assets and liabilities


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Oct-2024 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments




Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 NKMR & Co. Chartered Accountants Yes 30-Jun-2026


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income
2 Total Expenditure
3 Net Profit/(Loss)
4 Earnings Per Share
5 Total Assets
6 Total Liabilities
7 Net Worth


Signatories details

Name of CEO / Managing director
Name of CFO
Name of audit committee chairman
Name of statutory auditor
Name of other signatory, if any, with designation
Place
Date


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Mode of Fund Raising Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 20-Jun-2024
Amount Raised 271091000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation false
Comments of the Audit Committee after review NIL
Comments of the auditors, if any NIL
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 To Meet Working Capital requirements of our Company “GP Eco Solutions India Limited” NA 124500000 0 124500000 0
2 Investment in our subsidiary, INVERGY India Private Limited (“IIPL”) in relation to Purchase of Plant & Machineries and other Miscellaneous Assets; and also, towards Construction / Civil Works for its facility NA 76000000 0 76000000 0 The said fund was intended to be utilized by Invergy for Plant and Machinery; however, it remained unutilized during the specified period.
3 General Corporate Expenses NA 70591000 0 17299000 0


Signatory Details
Name of signatory Tanushree
Designation of person Company Secretary and Compliance Officer
Place Noida
Date 12-May-2025


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 GP ECO SOLUTIONS INDIA LIMITED DEEPAK PANDEY DIRECTOR Loan NA 4289434611000 849456311000 0 Loan 0 NA Unsecured BUSINESS PURPOSE
2 GP ECO SOLUTIONS INDIA LIMITED SNEHA BAJPAI SPOUSE OF DIRECTOR Remuneration NA 90000000000 0 0
3 GP ECO SOLUTIONS INDIA LIMITED SAR RENEWABLES RELATED PARTY TRANSACTION Purchase of goods or services NA 479184900000 2494028705000 4706843805000 Advance 0 NA Unsecured BUSINESS PURPOSE
4 GP ECO SOLUTIONS INDIA LIMITED INVERGY INDIA PRIVATE LIMITED SUBSIDIARY Purchase of goods or services NA 4061413709000 3464635533000 10469541803000 Advance 0 NA Unsecured BUSINESS PURPOSE
5 GP ECO SOLUTIONS INDIA LIMITED INVERGY INDIA PRIVATE LIMITED SUBSIDIARY Sale of goods or services NA 23744316399000 3464635533000 10469541803000 Advance 0 NA Unsecured BUSINESS PURPOSE
6 GP ECO SOLUTIONS INDIA LIMITED GPES GREEN PROJECTS PRIVATE LIMITED SUBSIDIARY Advance NA 56111800000 81337900000 137449700000 Advance 0 NA Unsecured BUSINESS PURPOSE
7 GP ECO SOLUTIONS INDIA LIMITED INVERGY POWER GENERAL TRADING LLC COMMON DIRECTOR Purchase of goods or services NA 14509500000 560851664000 546342164000 Advance 0 NA Unsecured BUSINESS PURPOSE
8 GP ECO SOLUTIONS INDIA LIMITED DEEPAK PANDEY DIRECTOR Remuneration NA 400000000000 116519758000 0
9 GP ECO SOLUTIONS INDIA LIMITED ANJU PANDEY DIRECTOR Remuneration NA 200000000000 0 207346800000 Advance 0 NA Unsecured BUSINESS PURPOSE
10 GP ECO SOLUTIONS INDIA LIMITED PRADEEP KUMAR PANDEY DIRECTOR Remuneration NA 200000000000 0 0
11 GP ECO SOLUTIONS INDIA LIMITED INVERGY INDIA PRIVATE LIMITED SUBSIDIARY Investment NA 7600001285000 0 7600001285000
12 GP ECO SOLUTIONS INDIA LIMITED GPES SOLAR 1 PRIVATE LIMITED SUBSIDIARY Investment NA 5100000000 0 5100000000
13 GP ECO SOLUTIONS INDIA LIMITED GPES SOLAR 2 PRIVATE LIMITED SUBSIDIARY Investment NA 5100000000 0 5100000000
14 GP ECO SOLUTIONS INDIA LIMITED GPES SOLAR 3 PRIVATE LIMITED SUBSIDIARY Investment NA 5100000000 0 5100000000
15 GP ECO SOLUTIONS INDIA LIMITED GPES SOLAR 4 PRIVATE LIMITED SUBSIDIARY Investment NA 5100000000 0 5100000000
16 GP ECO SOLUTIONS INDIA LIMITED GPES SOLAR 5 PRIVATE LIMITED SUBSIDIARY Investment NA 5100000000 0 5100000000
17 GP ECO SOLUTIONS INDIA LIMITED GPES SOLAR 6 PRIVATE LIMITED SUBSIDIARY Investment NA 5100000000 0 5100000000
18 GP ECO SOLUTIONS INDIA LIMITED GPES SOLAR 8 PRIVATE LIMITED SUBSIDIARY Investment NA 5100000000 0 5100000000
19 GP ECO SOLUTIONS INDIA LIMITED GPES SOLAR 9 PRIVATE LIMITED SUBSIDIARY Investment NA 5100000000 0 5100000000
20 GP ECO SOLUTIONS INDIA LIMITED GPES SOLAR 10 PRIVATE LIMITED SUBSIDIARY Investment NA 5100000000 0 5100000000
21 GP ECO SOLUTIONS INDIA LIMITED GPES GREEN PROJECTS PRIVATE LIMITED SUBSIDIARY Investment NA 510000000 0 510000000
22 INVERGY INDIA PRIVATE LIMITED ASTIK MANI TRIPATHI DIRECTOR Any other transaction CONSULTANCY SERVICES NA 992380000000 30680000000 49680000000
23 INVERGY INDIA PRIVATE LIMITED ASTIK MANI TRIPATHI DIRECTOR Loan NA 1110000000000 600000000000 0 Loan 0 NA Unsecured BUSINESS PURPOSE
24 INVERGY INDIA PRIVATE LIMITED ASTIK MANI TRIPATHI DIRECTOR Loan NA 1710000000000 600000000000 0 Loan 0 NA Unsecured BUSINESS PURPOSE
25 INVERGY INDIA PRIVATE LIMITED KAVITA TRIPATHI RELATIVE Remuneration NA 22920000000 3820000000 0
26 INVERGY INDIA PRIVATE LIMITED PARUL PANDEY SISTER OF DIRECTOR Remuneration NA 120000000000 6250000000 0
27 GP ECO SOLUTIONS INDIA LIMITED DEEPAK PANDEY KEY MANAGERIAL PERSONNEL Loan NA 5138890934000 849456311000 0 Loan 0 NA Unsecured BUSINESS PURPOSE
28 GP ECO SOLUTIONS INDIA LIMITED AN3 TECHNO POWER LIMITED COMMON DIRECTOR Sale of goods or services NA 806648600000 0 806648600000
29 INVERGY INDIA PRIVATE LIMITED AN3 TECHNO POWER LIMITED COMMON DIRECTOR Purchase of goods or services NA 1545484940000 38189899000 454682259000 Advance 0 NA Unsecured BUSINESS PURPOSE
30 INVERGY INDIA PRIVATE LIMITED AN3 TECHNO POWER LIMITED COMMON DIRECTOR Sale of goods or services NA 49504000000 38189899000 454682259000 Advance 0 NA Unsecured BUSINESS PURPOSE
Total value of transaction during the reporting period 52677210678000





Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
3. Total financial indebtedness of the listed entity including short-term and long-term debt