IRM Energy Ltd

IRM Energy Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

IRM Energy Ltd

₹ 572 1.46%
18 May - close price
irmenergy.com BSE: 544004 NSE: IRMENERGY
About

Incorporated in 2015, IRM Energy Limited is a gas distribution company involved in developing, operating, and expanding of local natural gas distribution network[1]

Key Points

Authorised Gas Distributor[1] The company has exclusive rights for laying, building, operating, and expanding a city or local natural gas distribution network in Banaskantha GA (Gujarat), Fatehgarh Sahib GA (Punjab), Diu and Gir Somnath GA (Union Territory of Daman and Diu/Gujarat) and Nammakkal Tiruchirapalli GA (Tamil Nadu).

Website BSE NSE
  • Market Cap ₹ 2,350 Cr.
  • Current Price ₹ 572
  • High / Low ₹ 641 / 435
  • Stock P/E 37.2
  • Book Value ₹ 96.0
  • Dividend Yield 0.00 %
  • ROCE 17.4 %
  • ROE 23.0 %
  • Face Value ₹ 10.0
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Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 43.5%

Cons

* 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: Gas Distribution Industry: Miscellaneous

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2022 Sep 2022 Dec 2022 Jun 2023 Sep 2023 Dec 2023
215 256 266 230 220 226
183 228 229 188 178 184
Operating Profit 32 29 37 42 42 42
OPM % 15% 11% 14% 18% 19% 19%
2 1 2 3 4 7
Interest 6 6 6 6 5 7
Depreciation 5 5 5 6 6 7
Profit before tax 23 19 27 34 34 35
Tax % 23% 20% 26% 17% 18% 31%
21 19 20 27 26 24
EPS in Rs 7.00 6.24 6.56 8.89 8.60 5.79
Raw PDF
Upcoming result date: 21 May 2024

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
84 166 190 507 980
62 116 116 321 868
Operating Profit 21 50 73 186 112
OPM % 26% 30% 39% 37% 11%
0 0 1 3 6
Interest 6 10 16 22 23
Depreciation 4 9 12 15 21
Profit before tax 13 31 46 152 74
Tax % 10% 33% 24% 25% 24%
11 21 35 128 63
EPS in Rs 5.27 7.77 12.03 43.59 20.87
Dividend Payout % 2% 0% 0% 0% 2%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 81%
TTM: 93%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 44%
TTM: -51%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 44%
Last Year: 23%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 22 27 29 29 30 30
Reserves 12 48 68 193 295 364
Preference Capital 21 15 38 34 41
98 129 152 196 300 348
50 65 89 136 168 135
Total Liabilities 181 269 338 555 793 878
136 198 241 300 381 435
CWIP 16 29 20 52 91 117
Investments 0 0 8 36 87 73
28 42 70 166 234 253
Total Assets 181 269 338 555 793 878

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
31 44 45 129 53
-86 -76 -42 -110 -208
64 35 10 15 118
Net Cash Flow 9 4 14 33 -37

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 13 9 22 16 14
Inventory Days 2 2 4 3 1
Days Payable 31 25 48 37 15
Cash Conversion Cycle -17 -14 -22 -18 1
Working Capital Days -76 -47 -24 -22 -3
ROCE % 22% 24% 47% 17%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2023Mar 2024
50.07% 50.07%
0.50% 1.08%
12.58% 12.86%
36.84% 35.99%
No. of Shareholders 77,35760,026

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

Annual reports

No data available.

DRHP

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