Veer Energy & Infrastructure Ltd
Incorporated in 2006, Veer Energy Ltd creates infrastructure development facilities for installation of Wind Turbine Generator
- Market Cap ₹ 19.5 Cr.
- Current Price ₹ 13.0
- High / Low ₹ 19.5 / 8.31
- Stock P/E 15.2
- Book Value ₹ 42.6
- Dividend Yield 0.00 %
- ROCE 1.99 %
- ROE 2.01 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.30 times its book value
- Debtor days have improved from 172 to 79.5 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -14.6% over past five years.
- Promoter holding is low: 26.6%
- Company has a low return on equity of 1.35% over last 3 years.
- Promoter holding has decreased over last 3 years: -4.06%
* 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
72.19 | 81.22 | 65.95 | 47.73 | 49.02 | 17.72 | 14.19 | 16.61 | 6.10 | 7.56 | 5.22 | 6.43 | |
64.43 | 73.11 | 61.79 | 44.03 | 45.91 | 16.53 | 12.54 | 14.84 | 5.64 | 7.16 | 5.31 | 6.24 | |
Operating Profit | 7.76 | 8.11 | 4.16 | 3.70 | 3.11 | 1.19 | 1.65 | 1.77 | 0.46 | 0.40 | -0.09 | 0.19 |
OPM % | 10.75% | 9.99% | 6.31% | 7.75% | 6.34% | 6.72% | 11.63% | 10.66% | 7.54% | 5.29% | -1.72% | 2.95% |
0.23 | 0.64 | 0.06 | 0.19 | 0.06 | 1.33 | 1.67 | 1.08 | 0.79 | 1.04 | 1.85 | 0.38 | |
Interest | 0.18 | 0.83 | 0.39 | 0.62 | 0.47 | 0.48 | 0.10 | 0.19 | 0.03 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.60 | 0.67 | 0.82 | 1.03 | 0.93 | 1.01 | 1.05 | 1.07 | 0.99 | 0.98 | 1.00 | 0.76 |
Profit before tax | 7.21 | 7.25 | 3.01 | 2.24 | 1.77 | 1.03 | 2.17 | 1.59 | 0.23 | 0.46 | 0.76 | -0.19 |
Tax % | 41.33% | 19.59% | 21.26% | 16.96% | 15.82% | -15.53% | -17.51% | 31.45% | -39.13% | 30.43% | -5.26% | 126.32% |
Net Profit | 4.22 | 5.83 | 2.37 | 1.85 | 1.50 | 1.19 | 2.55 | 1.10 | 0.33 | 0.32 | 0.80 | 0.05 |
EPS in Rs | 4.54 | 6.27 | 2.55 | 1.99 | 1.63 | 1.17 | 1.70 | 0.73 | 0.22 | 0.21 | 0.53 | 0.03 |
Dividend Payout % | 10.11% | 7.32% | 18.00% | 23.06% | 28.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -22% |
5 Years: | -15% |
3 Years: | 2% |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | -14% |
5 Years: | -13% |
3 Years: | 6% |
TTM: | 60% |
Stock Price CAGR | |
---|---|
10 Years: | -8% |
5 Years: | 2% |
3 Years: | 36% |
1 Year: | 48% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 2% |
3 Years: | 1% |
Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7.11 | 7.11 | 7.11 | 7.11 | 7.11 | 7.86 | 11.51 | 11.51 | 11.51 | 11.51 | 11.51 | 14.96 | |
Reserves | 29.07 | 34.31 | 36.13 | 37.46 | 38.50 | 42.39 | 48.66 | 50.63 | 50.96 | 51.32 | 52.12 | 48.72 |
0.67 | 9.97 | 10.29 | 5.49 | 8.45 | 0.53 | 0.79 | 0.46 | 0.00 | 0.00 | 0.00 | 0.25 | |
24.24 | 37.52 | 28.58 | 22.45 | 17.79 | 10.35 | 10.40 | 7.04 | 4.64 | 2.95 | 2.70 | 2.06 | |
Total Liabilities | 61.09 | 88.91 | 82.11 | 72.51 | 71.85 | 61.13 | 71.36 | 69.64 | 67.11 | 65.78 | 66.33 | 65.99 |
11.32 | 14.40 | 16.60 | 15.56 | 15.72 | 15.82 | 15.00 | 15.53 | 11.70 | 9.11 | 9.44 | 7.19 | |
CWIP | 0.00 | 1.33 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 1.57 | 4.82 | 1.45 | 22.96 | 29.35 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.22 | 0.22 |
48.20 | 68.36 | 64.06 | 33.99 | 26.78 | 45.31 | 56.36 | 54.11 | 55.41 | 56.67 | 56.67 | 58.58 | |
Total Assets | 61.09 | 88.91 | 82.11 | 72.51 | 71.85 | 61.13 | 71.36 | 69.64 | 67.11 | 65.78 | 66.33 | 65.99 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.17 | 2.51 | 1.12 | 23.39 | 8.96 | -33.44 | -9.05 | 8.14 | -1.14 | -2.62 | 0.07 | -1.04 | |
-0.67 | -1.97 | -0.64 | -22.90 | -7.95 | 29.40 | 1.44 | -0.55 | 4.35 | 2.52 | 0.22 | 1.82 | |
-0.50 | -0.49 | -0.51 | -0.51 | -0.99 | 4.09 | 7.54 | -6.14 | -4.20 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | 0.00 | 0.05 | -0.03 | -0.02 | 0.02 | 0.05 | -0.08 | 1.45 | -0.98 | -0.10 | 0.29 | 0.78 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 140.41 | 249.95 | 164.98 | 56.21 | 33.28 | 102.99 | 89.00 | 131.41 | 172.33 | 179.60 | 255.92 | 79.47 |
Inventory Days | 96.68 | 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 |
Days Payable | 117.29 | 163.61 | 143.85 | 134.07 | 53.41 | 24.75 | 75.90 | 32.16 | 110.67 | 65.13 | 91.75 | 54.75 |
Cash Conversion Cycle | 119.79 | 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 |
Working Capital Days | 124.99 | 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 |
ROCE % | 21.24% | 18.31% | 6.48% | 5.33% | 4.34% | 2.88% | 4.06% | 2.88% | 1.93% | 1.13% | 1.20% | 1.99% |
Documents
Announcements
- Financial Results For March 31, 2023 22 May
- Board Meeting Outcome for Outcome Of Board Meeting 22 May
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Compliances-Reg.24(A)-Annual Secretarial Compliance
20 May - Annual Secretarial Compliance Report for the financial year ended 31st March, 2023.
- Board Meeting Intimation for Consideration And Approval Of Audited Financial Results For The Quarter And Financial Year Ended 31St March, 2023 And Recommendation Of Dividend, If Any 13 May
- Compliances - Certificate Under Regulation 40(9) Of SEBI (LODR), 2015 For The Year Ended 31St March, 2023 19 Apr
Annual reports
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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
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Financial Year 2010
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Concalls
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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.