What does Gita Renewable do?

Jul 17 2025 07:11 AM IST
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Gita Renewable Energy Ltd is a micro-cap company in the power industry, formed in 2010 after acquiring the Power Division of Kanishk Steel Industries. As of March 2025, it reported no net profit and has a market cap of INR 49 Cr.
Overview:
Gita Renewable Energy Ltd operates in the power industry and is classified as a micro-cap company.

History:
The company was incorporated in 2010 and underwent a significant change following a court order on January 4, 2013, which sanctioned a Scheme of Arrangement that vested the Power Division of Kanishk Steel Industries Limited with Gita Renewable Energy as a going concern. The scheme became effective on February 28, 2013. The most recent quarterly results reported are for March 2025.

Financial Snapshot:
Most recent Net Sales: N/A
Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2025)
Market-cap value: INR 49 Cr (Micro Cap)

Key Metrics:
P/E: N/A
Industry P/E: 21
Dividend Yield: 0.00%
Debt Equity: 0.00
Return on Equity: -2.87%
Price to Book: 3.65

Contact Details:
Address: Survey No 180 & 181 OPG Nagar, Periya Obulapuram Village Gummidipoondi Tamil Nadu : 601201
Phone: 91-44-43487350
Email: investor@gitarenewable.com
Website: http://www.gitarenewable.com
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