Ravindra Energy Ltd
Incorporated in 1980, Ravindra Energy Ltd is in the business of selling Solar Pumps, setting up Solar Generation Power Plant (Ground Mount & Rooftop) & generation and sale of Power[1]
- Market Cap ₹ 2,895 Cr.
- Current Price ₹ 146
- High / Low ₹ 196 / 111
- Stock P/E 48.5
- Book Value ₹ 21.3
- Dividend Yield 0.00 %
- ROCE 15.9 %
- ROE 21.2 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 71.8% CAGR over last 5 years
- Debtor days have improved from 75.9 to 26.8 days.
Cons
- Stock is trading at 6.87 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -5.40%
- Tax rate seems low
* 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
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Part of BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 555 | 493 | 621 | 417 | 518 | 719 | 304 | 765 | 253 | 131 | 250 | 543 | 501 | |
| 540 | 497 | 616 | 447 | 719 | 693 | 289 | 771 | 239 | 97 | 208 | 412 | 359 | |
| Operating Profit | 15 | -4 | 4 | -30 | -200 | 26 | 15 | -6 | 14 | 34 | 43 | 131 | 141 |
| OPM % | 2.8% | -0.8% | 0.7% | -7% | -39% | 3.6% | 4.9% | -0.8% | 6% | 26% | 17% | 24% | 28% |
| 14 | 12 | 20 | -55 | 39 | 33 | 19 | 65 | 33 | -49 | 6 | 18 | 14 | |
| Interest | 18 | 14 | 23 | 27 | 33 | 43 | 31 | 18 | 14 | 17 | 10 | 35 | 42 |
| Depreciation | 3 | 1 | 1 | 4 | 7 | 7 | 9 | 9 | 11 | 13 | 11 | 28 | 34 |
| Profit before tax | 8 | -8 | 1 | -117 | -202 | 9 | -6 | 32 | 22 | -46 | 27 | 86 | 79 |
| Tax % | 3% | 16% | 245% | 20% | 6% | 39% | -216% | -16% | 23% | 11% | 15% | -3% | |
| 8 | -9 | -2 | -140 | -213 | 6 | 7 | 37 | 17 | -51 | 22 | 81 | 60 | |
| EPS in Rs | 0.57 | -0.66 | -0.13 | -10.30 | -16.05 | 0.44 | 0.40 | 2.19 | 1.02 | -3.01 | 1.09 | 4.07 | 3.01 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 12% |
| 3 Years: | 29% |
| TTM: | 28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 72% |
| 3 Years: | 73% |
| TTM: | 13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 24% |
| 3 Years: | 39% |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 16% |
| Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 114 | 118 | 118 | 118 | 120 | 120 | 120 | 134 | 138 | 154 | 179 | 179 |
| Reserves | 126 | 119 | 74 | -33 | -141 | -133 | 43 | 69 | 55 | -7 | 160 | 244 |
| 234 | 259 | 255 | 320 | 358 | 373 | 177 | 164 | 117 | 148 | 224 | 502 | |
| 250 | 316 | 253 | 236 | 228 | 141 | 60 | 85 | 145 | 108 | 88 | 206 | |
| Total Liabilities | 724 | 812 | 700 | 641 | 564 | 501 | 400 | 453 | 455 | 404 | 651 | 1,130 |
| 191 | 196 | 93 | 239 | 176 | 178 | 174 | 190 | 187 | 257 | 318 | 870 | |
| CWIP | 8 | 0 | 57 | 4 | 1 | 1 | 1 | 3 | 31 | 24 | 129 | 22 |
| Investments | 121 | 121 | 121 | 59 | 25 | 0 | 0 | 0 | 0 | 0 | 48 | 41 |
| 404 | 495 | 429 | 339 | 362 | 323 | 225 | 260 | 237 | 123 | 156 | 198 | |
| Total Assets | 724 | 812 | 700 | 641 | 564 | 501 | 400 | 453 | 455 | 404 | 651 | 1,130 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 91 | -47 | 60 | 55 | 16 | -29 | 53 | 19 | 122 | 61 | 71 | 172 | |
| -1 | 9 | 32 | -116 | -70 | 57 | 1 | -23 | -30 | -81 | -159 | -443 | |
| -88 | 16 | -75 | 55 | 66 | -27 | -58 | -13 | -85 | 22 | 147 | 278 | |
| Net Cash Flow | 1 | -22 | 17 | -7 | 12 | 2 | -4 | -17 | 7 | 2 | 59 | 7 |
| Free Cash Flow | 83 | -48 | 106 | -43 | 74 | -39 | 47 | -12 | 84 | -15 | -106 | -284 |
| CFO/OP | 600% | 1,171% | 1,397% | -190% | -9% | -103% | 345% | -334% | 864% | 177% | 175% | 136% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 28 | 220 | 122 | 189 | 192 | 108 | 156 | 66 | 186 | 176 | 25 | 27 |
| Inventory Days | 7 | 1 | 2 | 13 | 4 | 5 | 4 | 1 | 8 | 18 | 10 | 18 |
| Days Payable | 16 | 135 | 17 | 12 | 41 | 55 | 30 | 18 | 139 | 253 | 65 | 15 |
| Cash Conversion Cycle | 18 | 86 | 107 | 190 | 154 | 58 | 130 | 48 | 55 | -59 | -30 | 30 |
| Working Capital Days | -8 | -74 | -64 | -118 | -97 | -55 | 100 | 52 | 105 | -16 | 4 | 18 |
| ROCE % | 5% | 2% | 3% | -6% | -45% | 23% | 7% | 15% | 10% | 11% | 10% | 16% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Renewable Energy Operational Capacity MWp |
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| E-Tractor Units Delivered (Cumulative) units ・Standalone data |
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| EIM Battery Swaps (Cumulative) number ・Standalone data |
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| Operational Battery Swap Stations (Cumulative) number ・Standalone data |
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| Solar Power Generation million kWh |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Ravindra Energy schedules a physical group meeting with analysts/institutional investors in Mumbai on 29 September 2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- REL approves merger with EIM; shareholders to get 209 REL shares per 100 EIM shares, subject to approvals.
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Board Meeting Outcome for Ravindra Energy Limited Has informed Regarding Outcome Of Board Meeting Held On September 23, 2026.
- Board approved amalgamation of Energy In Motion with Ravindra Energy; share swap 209:100, subject to approvals.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- The copies of newspaper publication on the 46th Annual General Meeting of the Company and the E-Voting Information
- Reg. 34 (1) Annual Report.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
from bse
Accreditation:[1]
The company is accredited by the Ministry of New and Renewable Energy as an Empanelled Supplier of Solar Water Pumps and a Roof Channel Partner. These accreditations enable the company to offer the full range of subsidies available for solar systems, with all products designed to comply with the ministry's standards.