Veer Energy & Infrastructure Ltd
Incorporated in 2006, Veer Energy Ltd creates infrastructure development facilities for installation of Wind Turbine Generator
- Market Cap ₹ 29.8 Cr.
- Current Price ₹ 19.9
- High / Low ₹ 35.6 / 14.9
- Stock P/E 31.6
- Book Value ₹ 43.2
- Dividend Yield 0.00 %
- ROCE 0.97 %
- ROE 0.72 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.46 times its book value
- Debtor days have improved from 150 to 116 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -12.3% over past five years.
- Promoter holding is low: 25.7%
- Company has a low return on equity of 1.57% over last 3 years.
- Earnings include an other income of Rs.2.34 Cr.
- Promoter holding has decreased over last 3 years: -4.89%
* 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: Infrastructure Developers & Operators Industry: Construction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
81.22 | 65.95 | 47.73 | 49.02 | 17.72 | 14.19 | 16.61 | 6.10 | 7.56 | 5.22 | 6.43 | 8.62 | 11.11 | |
73.11 | 61.79 | 44.03 | 45.91 | 16.53 | 12.54 | 14.84 | 5.64 | 7.16 | 5.31 | 6.24 | 10.31 | 11.65 | |
Operating Profit | 8.11 | 4.16 | 3.70 | 3.11 | 1.19 | 1.65 | 1.77 | 0.46 | 0.40 | -0.09 | 0.19 | -1.69 | -0.54 |
OPM % | 9.99% | 6.31% | 7.75% | 6.34% | 6.72% | 11.63% | 10.66% | 7.54% | 5.29% | -1.72% | 2.95% | -19.61% | -4.86% |
0.64 | 0.06 | 0.19 | 0.06 | 1.33 | 1.67 | 1.08 | 0.79 | 1.04 | 1.85 | 0.38 | 2.74 | 2.34 | |
Interest | 0.83 | 0.39 | 0.62 | 0.47 | 0.48 | 0.10 | 0.19 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.67 | 0.82 | 1.03 | 0.93 | 1.01 | 1.05 | 1.07 | 0.99 | 0.98 | 1.00 | 0.76 | 0.76 | 0.70 |
Profit before tax | 7.25 | 3.01 | 2.24 | 1.77 | 1.03 | 2.17 | 1.59 | 0.23 | 0.46 | 0.76 | -0.19 | 0.29 | 1.10 |
Tax % | 19.59% | 21.26% | 16.96% | 15.82% | -15.53% | -17.51% | 31.45% | -39.13% | 30.43% | -5.26% | -126.32% | -10.34% | |
5.83 | 2.37 | 1.85 | 1.50 | 1.19 | 2.55 | 1.10 | 0.33 | 0.32 | 0.80 | 0.05 | 0.33 | 0.94 | |
EPS in Rs | 6.27 | 2.55 | 1.99 | 1.63 | 1.17 | 1.70 | 0.73 | 0.22 | 0.21 | 0.53 | 0.03 | 0.22 | 0.63 |
Dividend Payout % | 7.32% | 18.00% | 23.06% | 28.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -18% |
5 Years: | -12% |
3 Years: | 4% |
TTM: | 66% |
Compounded Profit Growth | |
---|---|
10 Years: | -15% |
5 Years: | -16% |
3 Years: | -1% |
TTM: | -14% |
Stock Price CAGR | |
---|---|
10 Years: | -1% |
5 Years: | 36% |
3 Years: | 29% |
1 Year: | -4% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 1% |
3 Years: | 2% |
Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7.11 | 7.11 | 7.11 | 7.11 | 7.86 | 11.51 | 11.51 | 11.51 | 11.51 | 11.51 | 14.96 | 14.96 | 14.96 |
Reserves | 34.31 | 36.13 | 37.46 | 38.50 | 42.39 | 49.35 | 50.63 | 50.96 | 51.32 | 52.12 | 48.72 | 49.05 | 49.73 |
9.97 | 10.29 | 5.49 | 8.45 | 0.53 | 0.79 | 0.46 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
37.52 | 28.58 | 22.45 | 17.79 | 10.35 | 9.71 | 7.04 | 4.64 | 2.95 | 2.70 | 2.30 | 5.73 | 8.36 | |
Total Liabilities | 88.91 | 82.11 | 72.51 | 71.85 | 61.13 | 71.36 | 69.64 | 67.11 | 65.78 | 66.33 | 65.98 | 69.74 | 73.05 |
14.40 | 16.60 | 15.56 | 15.72 | 15.82 | 15.00 | 15.53 | 11.70 | 9.11 | 9.44 | 7.19 | 5.76 | 5.41 | |
CWIP | 1.33 | 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 | 4.82 | 1.45 | 22.96 | 29.35 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.22 | 0.22 | 0.23 | 0.23 |
68.36 | 64.06 | 33.99 | 26.78 | 45.31 | 56.36 | 54.11 | 55.41 | 56.67 | 56.67 | 58.57 | 63.75 | 67.41 | |
Total Assets | 88.91 | 82.11 | 72.51 | 71.85 | 61.13 | 71.36 | 69.64 | 67.11 | 65.78 | 66.33 | 65.98 | 69.74 | 73.05 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2.51 | 1.12 | 23.39 | 8.96 | -33.44 | -9.05 | 8.14 | -1.14 | -2.62 | 0.07 | -1.04 | -1.15 | |
-1.97 | -0.64 | -22.90 | -7.95 | 29.40 | 1.44 | -0.55 | 4.35 | 2.52 | 0.22 | 1.82 | 3.23 | |
-0.49 | -0.51 | -0.51 | -0.99 | 4.09 | 7.54 | -6.14 | -4.20 | 0.00 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | 0.05 | -0.03 | -0.02 | 0.02 | 0.05 | -0.08 | 1.45 | -0.98 | -0.10 | 0.29 | 0.78 | 2.08 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 249.95 | 164.98 | 56.21 | 33.28 | 102.99 | 89.00 | 131.41 | 172.33 | 179.60 | 255.92 | 79.47 | 116.02 |
Inventory Days | 37.57 | 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 |
Days Payable | 163.61 | 143.85 | 134.07 | 53.41 | 24.75 | 75.90 | 32.16 | 110.67 | 65.13 | 91.75 | 54.75 | 107.63 |
Cash Conversion Cycle | 123.91 | 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 |
Working Capital Days | 147.09 | 204.78 | 117.54 | 102.31 | 618.56 | 1,086.25 | 1,053.47 | 2,948.72 | 2,370.57 | 3,437.43 | 2,844.50 | 2,103.62 |
ROCE % | 18.31% | 6.48% | 5.33% | 4.34% | 2.88% | 4.04% | 2.87% | 1.93% | 1.13% | 1.20% | 2.00% | 0.97% |
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
6h - Annual Secretarial Compliance Report for FY ended March 31, 2025 confirming full regulatory compliance.
-
Board Meeting Intimation for Consideration And Approval Of Audited Financial Results Of The Company For The Quarter And Financial Year Ended 31St March, 2025 And Recommendation Of Dividend, If Any.
1d - Board meeting on May 30, 2025, to approve audited results and consider dividend recommendation.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Apr - DP) Regulations, 2018, please find attached certificate received from M/s. MUFG Intime India Private Limited, the Registrar and Share Transfer Agent of the Company, for …
- Closure of Trading Window 26 Mar
-
Integrated Filing (Financial)
12 Feb - Submission of financial results for Q3 2024.
Annual reports
-
Financial Year 2024
from bse
-
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 bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Concalls
-
Jan 2018TranscriptNotesPPT
Business Overview:[1]
Company implements and operates large‐
scale projects in renewable energy sector
and provides services to develop, construct and operate projects that contribute to goal of a low carbon and sustainable future.