Energy Development Company Ltd
Incorporated in 1995, Energy Development Company Ltd does generation and sale of bulk power and trading of power equipments[1]
- Market Cap ₹ 109 Cr.
- Current Price ₹ 23.0
- High / Low ₹ 36.8 / 15.6
- Stock P/E
- Book Value ₹ 22.0
- Dividend Yield 0.00 %
- ROCE 7.51 %
- ROE 4.16 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.04 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -8.97% over past five years.
- Company has a low return on equity of 3.12% over last 3 years.
- Contingent liabilities of Rs.352 Cr.
- Company has high debtors of 402 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Power Generation & Distribution Industry: Power Generation And Supply
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
65.87 | 51.35 | 48.74 | 37.65 | 150.05 | 115.02 | 59.91 | 34.94 | 29.94 | 31.29 | 42.98 | 37.44 | 29.61 | |
48.86 | 40.28 | 15.21 | 10.20 | 138.86 | 106.00 | 39.90 | 19.53 | 17.55 | 14.61 | 12.36 | 12.65 | 13.14 | |
Operating Profit | 17.01 | 11.07 | 33.53 | 27.45 | 11.19 | 9.02 | 20.01 | 15.41 | 12.39 | 16.68 | 30.62 | 24.79 | 16.47 |
OPM % | 25.82% | 21.56% | 68.79% | 72.91% | 7.46% | 7.84% | 33.40% | 44.10% | 41.38% | 53.31% | 71.24% | 66.21% | 55.62% |
9.84 | 3.61 | 5.97 | 7.82 | 4.94 | 37.43 | 2.08 | 3.82 | 2.02 | 2.22 | 2.54 | 4.60 | 2.13 | |
Interest | 11.54 | 10.59 | 41.71 | 36.83 | 19.70 | 30.48 | 20.54 | 19.74 | 18.32 | 18.78 | 14.92 | 13.79 | 9.46 |
Depreciation | 6.26 | 6.55 | 10.19 | 11.86 | 11.03 | 10.90 | 11.70 | 11.16 | 10.46 | 10.36 | 10.32 | 10.31 | 10.29 |
Profit before tax | 9.05 | -2.46 | -12.40 | -13.42 | -14.60 | 5.07 | -10.15 | -11.67 | -14.37 | -10.24 | 7.92 | 5.29 | -1.15 |
Tax % | 20.88% | 218.70% | 17.02% | -3.80% | -3.49% | 21.70% | -29.16% | 39.50% | 68.82% | 38.18% | -20.58% | 20.42% | |
7.16 | 2.93 | -10.28 | -13.94 | -15.11 | 3.98 | -13.11 | -7.05 | -4.48 | -6.32 | 9.54 | 4.21 | -2.30 | |
EPS in Rs | 2.60 | 1.07 | -3.74 | -5.07 | -3.18 | 0.98 | -2.45 | -1.17 | -0.64 | -1.01 | 2.01 | 0.89 | -0.72 |
Dividend Payout % | 46.09% | 75.09% | -13.38% | -9.86% | -15.72% | 51.08% | -20.40% | -42.64% | -78.12% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -3% |
5 Years: | -9% |
3 Years: | 8% |
TTM: | -24% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 19% |
3 Years: | 50% |
TTM: | -134% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 26% |
3 Years: | 36% |
1 Year: | 35% |
Return on Equity | |
---|---|
10 Years: | -8% |
5 Years: | 0% |
3 Years: | 3% |
Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 27.50 | 27.50 | 27.50 | 27.50 | 47.50 | 47.50 | 47.50 | 47.50 | 47.50 | 47.50 | 47.50 | 47.50 | 47.50 |
Reserves | 102.35 | 102.70 | 90.81 | 77.18 | 101.89 | 75.38 | 60.96 | 52.55 | 46.59 | 41.92 | 51.62 | 55.90 | 57.23 |
Preference Capital | 33.50 | 33.50 | 33.50 | 0.00 | 0.00 | 0.00 | 23.64 | 23.83 | 24.05 | 24.29 | 24.56 | 24.86 | |
189.44 | 258.97 | 297.84 | 140.39 | 130.82 | 166.03 | 141.74 | 141.57 | 135.85 | 138.60 | 135.60 | 133.63 | 156.53 | |
86.27 | 77.17 | 71.40 | 246.27 | 231.71 | 111.07 | 109.69 | 103.45 | 115.92 | 117.50 | 117.79 | 119.15 | 94.92 | |
Total Liabilities | 405.56 | 466.34 | 487.55 | 491.34 | 511.92 | 399.98 | 359.89 | 345.07 | 345.86 | 345.52 | 352.51 | 356.18 | 356.18 |
94.48 | 90.63 | 230.36 | 217.01 | 206.61 | 196.88 | 203.29 | 192.13 | 181.85 | 171.77 | 161.54 | 151.24 | 146.10 | |
CWIP | 249.24 | 321.02 | 213.59 | 239.19 | 244.18 | 46.94 | 29.71 | 29.71 | 29.71 | 29.71 | 29.71 | 29.71 | 29.71 |
Investments | 0.19 | 0.19 | 0.19 | 0.19 | 0.02 | 25.97 | 12.31 | 12.31 | 12.31 | 12.31 | 12.29 | 12.29 | 12.29 |
61.65 | 54.50 | 43.41 | 34.95 | 61.11 | 130.19 | 114.58 | 110.92 | 121.99 | 131.73 | 148.97 | 162.94 | 168.08 | |
Total Assets | 405.56 | 466.34 | 487.55 | 491.34 | 511.92 | 399.98 | 359.89 | 345.07 | 345.86 | 345.52 | 352.51 | 356.18 | 356.18 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
14.54 | 19.88 | 38.79 | 23.27 | 10.46 | 5.66 | 16.69 | 15.30 | 18.14 | 15.31 | 28.10 | 18.99 | |
-95.73 | -71.27 | -42.02 | -13.55 | -26.03 | -5.29 | 8.91 | -1.93 | -1.50 | -4.21 | -10.65 | -5.22 | |
73.79 | 56.63 | -0.84 | -7.75 | 16.45 | -3.88 | -21.68 | -18.51 | -14.91 | -11.18 | -14.80 | -12.63 | |
Net Cash Flow | -7.40 | 5.24 | -4.07 | 1.97 | 0.89 | -3.51 | 3.92 | -5.13 | 1.73 | -0.07 | 2.66 | 1.14 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 118.08 | 180.19 | 138.92 | 98.01 | 83.27 | 144.45 | 235.66 | 381.09 | 441.19 | 439.07 | 337.82 | 401.66 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 118.08 | 180.19 | 138.92 | 98.01 | 83.27 | 144.45 | 235.66 | 381.09 | 441.19 | 439.07 | 337.82 | 401.66 |
Working Capital Days | -72.92 | -84.87 | -141.31 | -98.21 | -88.64 | -21.36 | 67.75 | 152.52 | 24.38 | 101.37 | 78.38 | 100.61 |
ROCE % | 6.60% | 2.09% | 6.18% | 6.12% | 1.94% | -0.35% | 3.71% | 3.03% | 1.53% | 3.45% | 9.17% | 7.51% |
Documents
Announcements
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 3 May
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr
-
Compliance Certificate Under Regulation 40(10)
17 Apr - Compliance Certificate under Regulation 40(10) for the financial year ended 31st March, 2024
- Compliance Certificate For The Quarter Ended 31St March, 2024 15 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
Business Overview:[1][2]
Company deals in Power Generation, infrastructure development such as construction of bridges, hydro projects including operation and maintenance thereof, supply of materials etc. and Consultancy & Services. It generates clean, green electricity from water and wind in its own power plants and also develops energy and various infrastructure projects for other developers