Veer Energy & Infrastructure Ltd
Incorporated in 2006, Veer Energy & Infrastructure Ltd is in the business of windmill infrastructure development.[1]
- Market Cap ₹ 18.2 Cr.
- Current Price ₹ 12.2
- High / Low ₹ 21.4 / 11.8
- Stock P/E 72.9
- Book Value ₹ 43.2
- Dividend Yield 0.00 %
- ROCE 0.39 %
- ROE 0.28 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.28 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 25.7%
- Company has a low return on equity of 1.24% over last 3 years.
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 65.95 | 47.73 | 49.02 | 17.72 | 14.19 | 16.61 | 6.10 | 7.56 | 5.22 | 6.43 | 8.62 | 10.32 | 6.20 | |
| 61.79 | 44.03 | 45.91 | 16.53 | 12.54 | 14.84 | 5.64 | 7.16 | 5.31 | 6.24 | 10.31 | 12.71 | 9.14 | |
| Operating Profit | 4.16 | 3.70 | 3.11 | 1.19 | 1.65 | 1.77 | 0.46 | 0.40 | -0.09 | 0.19 | -1.69 | -2.39 | -2.94 |
| OPM % | 6.31% | 7.75% | 6.34% | 6.72% | 11.63% | 10.66% | 7.54% | 5.29% | -1.72% | 2.95% | -19.61% | -23.16% | -47.42% |
| 0.06 | 0.19 | 0.06 | 1.33 | 1.67 | 1.08 | 0.79 | 1.04 | 1.85 | 0.38 | 2.74 | 3.34 | 3.94 | |
| Interest | 0.39 | 0.62 | 0.47 | 0.48 | 0.10 | 0.19 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.82 | 1.03 | 0.93 | 1.01 | 1.05 | 1.07 | 0.99 | 0.98 | 1.00 | 0.76 | 0.76 | 0.70 | 0.70 |
| Profit before tax | 3.01 | 2.24 | 1.77 | 1.03 | 2.17 | 1.59 | 0.23 | 0.46 | 0.76 | -0.19 | 0.29 | 0.25 | 0.30 |
| Tax % | 21.26% | 16.96% | 15.82% | -15.53% | -17.51% | 31.45% | -39.13% | 30.43% | -5.26% | -126.32% | -10.34% | 24.00% | |
| 2.37 | 1.85 | 1.50 | 1.19 | 2.55 | 1.10 | 0.33 | 0.32 | 0.80 | 0.05 | 0.33 | 0.18 | 0.25 | |
| EPS in Rs | 2.55 | 1.99 | 1.63 | 1.17 | 1.70 | 0.73 | 0.22 | 0.21 | 0.53 | 0.03 | 0.22 | 0.12 | 0.17 |
| Dividend Payout % | 18.00% | 23.06% | 28.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -14% |
| 5 Years: | 11% |
| 3 Years: | 26% |
| TTM: | -44% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -20% |
| 5 Years: | -30% |
| 3 Years: | -39% |
| TTM: | -73% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -7% |
| 5 Years: | 12% |
| 3 Years: | 5% |
| 1 Year: | -33% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7.11 | 7.11 | 7.11 | 7.86 | 11.51 | 11.51 | 11.51 | 11.51 | 11.51 | 14.96 | 14.96 | 14.96 | 14.96 |
| Reserves | 36.13 | 37.46 | 38.50 | 42.39 | 49.35 | 50.63 | 50.96 | 51.32 | 52.12 | 48.72 | 49.05 | 49.24 | 49.70 |
| 10.29 | 5.49 | 8.45 | 0.53 | 0.79 | 0.46 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 28.58 | 22.45 | 17.79 | 10.35 | 9.71 | 7.04 | 4.64 | 2.95 | 2.70 | 2.30 | 5.73 | 7.98 | 8.22 | |
| Total Liabilities | 82.11 | 72.51 | 71.85 | 61.13 | 71.36 | 69.64 | 67.11 | 65.78 | 66.33 | 65.98 | 69.74 | 72.18 | 72.88 |
| 16.60 | 15.56 | 15.72 | 15.82 | 15.00 | 15.53 | 11.70 | 9.11 | 9.44 | 7.19 | 5.76 | 5.08 | 4.75 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.45 | 22.96 | 29.35 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.22 | 0.22 | 0.23 | 2.38 | 3.21 |
| 64.06 | 33.99 | 26.78 | 45.31 | 56.36 | 54.11 | 55.41 | 56.67 | 56.67 | 58.57 | 63.75 | 64.72 | 64.92 | |
| Total Assets | 82.11 | 72.51 | 71.85 | 61.13 | 71.36 | 69.64 | 67.11 | 65.78 | 66.33 | 65.98 | 69.74 | 72.18 | 72.88 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.12 | 23.39 | 8.96 | -33.44 | -9.05 | 8.14 | -1.14 | -2.62 | 0.07 | -1.04 | -1.15 | -4.59 | |
| -0.64 | -22.90 | -7.95 | 29.40 | 1.44 | -0.55 | 4.35 | 2.52 | 0.22 | 1.82 | 3.23 | 1.17 | |
| -0.51 | -0.51 | -0.99 | 4.09 | 7.54 | -6.14 | -4.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Cash Flow | -0.03 | -0.02 | 0.02 | 0.05 | -0.08 | 1.45 | -0.98 | -0.10 | 0.29 | 0.78 | 2.08 | -3.42 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 164.98 | 56.21 | 33.28 | 102.99 | 89.00 | 131.41 | 172.33 | 179.60 | 255.92 | 79.47 | 116.02 | 101.86 |
| Inventory Days | 154.11 | 162.44 | 148.15 | 585.67 | 1,076.31 | 994.88 | 3,240.31 | 1,777.51 | 2,533.83 | 2,487.07 | 1,000.28 | 670.09 |
| Days Payable | 143.85 | 134.07 | 53.41 | 24.75 | 75.90 | 32.16 | 110.67 | 65.13 | 91.75 | 54.75 | 107.63 | 121.67 |
| Cash Conversion Cycle | 175.25 | 84.57 | 128.02 | 663.91 | 1,089.41 | 1,094.13 | 3,301.96 | 1,891.98 | 2,697.99 | 2,511.79 | 1,008.67 | 650.28 |
| Working Capital Days | 167.92 | 95.97 | 48.70 | 621.86 | 1,077.51 | 1,053.47 | 2,948.72 | 2,370.57 | 3,437.43 | 2,844.50 | 2,103.62 | 1,857.54 |
| ROCE % | 6.48% | 5.33% | 4.34% | 2.88% | 4.04% | 2.87% | 1.93% | 1.13% | 1.20% | 2.00% | 0.97% | 0.39% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Feb - Extract of financial results publised in newspaper is attached.
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Results For The Quarter Ended 31.12.2025
14 Feb - Board approved unaudited results for quarter and nine months ended Dec 31, 2025; limited review attached by auditor.
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Board Meeting Outcome for Outcome Of Board Meeting Held On February 14, 2026 For The Unaudited Financial Results Along With Limited Review Report For The Quarter And Nine Months Ended December 31, 2025
14 Feb - Board approved unaudited quarter and nine-month results ended Dec 31, 2025; limited review attached.
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Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results Of The Company For The Quarter Ended 31St December, 2025.
6 Feb - Board meeting Feb 14, 2026 to approve unaudited results for quarter/9M ended Dec 31, 2025; trading window reopens Feb 17.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
30 Jan - Depositories and Participants) Regulation, 2018 we are hereby submitting certificate from our RTA.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Concalls
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Jan 2018TranscriptAI SummaryPPT
Business Overview:[1][2]
VEL is an ISO 9001:2008 certified company that is engaged in the business of implementation and operation of large‐scale projects in the renewable energy sector. The company creates infrastructure development facilities for the installation of a Wind Turbine Generator. It has expertise to provide services across India to develop, construct, and operate low-carbon projects.