Veer Energy & Infrastructure Ltd

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

Veer Energy & Infrastructure Ltd

₹ 18.3 -0.49%
06 Dec - close price
veerenergy.net BSE: 503657
About

Incorporated in 2006, Veer Energy Ltd creates infrastructure development facilities for installation of Wind Turbine Generator

Key Points

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.

Website BSE
  • Market Cap ₹ 27.4 Cr.
  • Current Price ₹ 18.3
  • High / Low ₹ 20.8 / 8.73
  • Stock P/E 25.2
  • Book Value ₹ 42.6
  • Dividend Yield 0.00 %
  • ROCE 2.00 %
  • ROE 2.72 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is almost debt free.
  • Stock is trading at 0.43 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: 25.9%
  • Company has a low return on equity of 1.58% over last 3 years.
  • Earnings include an other income of Rs.3.01 Cr.
  • Promoter holding has decreased over last 3 years: -4.73%

* 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
1.56 0.91 2.28 0.88 1.32 1.39 1.78 0.69 1.62 1.97 2.15 0.80 0.70
1.32 1.35 2.51 0.73 1.24 1.37 1.97 0.57 1.68 1.78 2.21 0.92 2.12
Operating Profit 0.24 -0.44 -0.23 0.15 0.08 0.02 -0.19 0.12 -0.06 0.19 -0.06 -0.12 -1.42
OPM % 15.38% -48.35% -10.09% 17.05% 6.06% 1.44% -10.67% 17.39% -3.70% 9.64% -2.79% -15.00% -202.86%
0.16 0.65 0.18 0.40 0.35 0.34 0.60 -0.96 0.39 0.42 0.53 0.80 1.26
Interest 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
Depreciation 0.25 0.25 0.24 0.24 0.25 0.25 0.26 0.19 0.19 0.19 0.19 0.20 0.20
Profit before tax 0.15 -0.04 -0.29 0.31 0.18 0.11 0.15 -1.03 0.14 0.42 0.28 0.48 -0.36
Tax % 0.00% 0.00% -3.45% 16.13% 16.67% 0.00% -73.33% -5.83% 21.43% 9.52% -128.57% 14.58% 0.00%
0.15 -0.04 -0.31 0.26 0.15 0.12 0.27 -1.09 0.12 0.39 0.64 0.41 -0.35
EPS in Rs 0.10 -0.03 -0.21 0.17 0.10 0.08 0.18 -0.73 0.08 0.26 0.43 0.27 -0.23
Raw PDF

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 TTM
72.19 81.22 65.95 47.73 49.02 17.72 14.19 16.61 6.10 7.56 5.22 6.43 5.62
64.43 73.11 61.79 44.03 45.91 16.53 12.54 14.84 5.64 7.16 5.31 6.24 7.03
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 -1.41
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% -25.09%
0.23 0.64 0.06 0.19 0.06 1.33 1.67 1.08 0.79 1.04 1.85 0.38 3.01
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 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 0.78
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 0.82
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%
4.22 5.83 2.37 1.85 1.50 1.19 2.55 1.10 0.33 0.32 0.80 0.05 1.09
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 0.73
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: 3%
Compounded Profit Growth
10 Years: -11%
5 Years: -7%
3 Years: 17%
TTM: 33%
Stock Price CAGR
10 Years: -6%
5 Years: 13%
3 Years: 41%
1 Year: 17%
Return on Equity
10 Years: 3%
5 Years: 2%
3 Years: 2%
Last Year: 3%

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 Sep 2023
Equity Capital 7.11 7.11 7.11 7.11 7.11 7.86 11.51 11.51 11.51 11.51 11.51 14.96 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 48.79
0.67 9.97 10.29 5.49 8.45 0.53 0.79 0.46 0.00 0.00 0.00 0.00 0.71
24.24 37.52 28.58 22.45 17.79 10.35 10.40 7.04 4.64 2.95 2.70 2.30 4.38
Total Liabilities 61.09 88.91 82.11 72.51 71.85 61.13 71.36 69.64 67.11 65.78 66.33 65.98 68.84
11.32 14.40 16.60 15.56 15.72 15.82 15.00 15.53 11.70 9.11 9.44 7.19 6.81
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 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 0.22
48.20 68.36 64.06 33.99 26.78 45.31 56.36 54.11 55.41 56.67 56.67 58.57 61.81
Total Assets 61.09 88.91 82.11 72.51 71.85 61.13 71.36 69.64 67.11 65.78 66.33 65.98 68.84

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 -3.45
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 -2.68

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% 2.00%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
30.63% 30.63% 30.63% 30.63% 30.64% 30.63% 30.75% 29.87% 26.57% 26.57% 25.90% 25.90%
4.22% 3.99% 0.89% 0.89% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39%
65.15% 65.38% 68.48% 68.48% 68.97% 68.99% 68.86% 69.73% 73.04% 73.05% 73.71% 73.70%
No. of Shareholders 15,25415,05315,13015,63516,35016,28816,29416,03017,46417,02416,74016,891

* 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.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls

  • Jan 2018
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