IRM Energy Ltd
Incorporated in 2015, IRM Energy Limited is a gas distribution company involved in developing, operating, and expanding of local natural gas distribution network[1]
- 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
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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Credit Rating 2d
- Board Meeting Intimation for Approving Audited Financial Results And Recommendation Of Final Dividend, If Any 14 May
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
14 May - Monitoring Agency Report for the quarter ended March 31, 2024
- Announcement under Regulation 30 (LODR)-Change in Management 3 May
-
Reply On Clarification Sought On Movement In Volume
22 Apr - Response on clarification sought by Exchange on movement in volume. Kindly take the information on record.
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).