Epic Energy Ltd
Incorporated in 1991, EPIC Energy Ltd provides Rooftop Solar Power Plants, Solar EPC, Energy Audits, EV Charging infrastructure, and LED retrofitting, with end- to -end capabilities from design to maintenance.[1]
- Market Cap ₹ 24.5 Cr.
- Current Price ₹ 34.0
- High / Low ₹ 72.4 / 25.2
- Stock P/E 33.6
- Book Value ₹ 18.8
- Dividend Yield 0.00 %
- ROCE 6.77 %
- ROE 6.77 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 23.3%
- Company has a low return on equity of 9.74% over last 3 years.
- Debtor days have increased from 118 to 144 days.
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 18.01 | 19.24 | 19.53 | 18.72 | 6.80 | 1.74 | 1.43 | 1.37 | 1.15 | 3.08 | 4.26 | 4.47 | |
| Interest | 0.01 | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| 16.41 | 17.89 | 18.99 | 18.41 | 6.34 | 1.70 | 1.92 | 1.68 | 1.45 | 2.59 | 2.87 | 3.71 | |
| Financing Profit | 1.59 | 1.35 | 0.53 | 0.31 | 0.45 | 0.03 | -0.49 | -0.31 | -0.30 | 0.49 | 1.38 | 0.76 |
| Financing Margin % | 8.83% | 7.02% | 2.71% | 1.66% | 6.62% | 1.72% | -34.27% | -22.63% | -26.09% | 15.91% | 32.39% | 17.00% |
| 0.00 | -2.96 | -2.30 | 0.00 | 0.00 | 0.00 | 0.01 | 0.03 | 0.02 | 0.01 | 0.00 | 0.00 | |
| Depreciation | 1.50 | 1.20 | 1.17 | 0.38 | 0.38 | 0.38 | 0.18 | 0.21 | 0.20 | 0.17 | 0.34 | 0.03 |
| Profit before tax | 0.09 | -2.81 | -2.94 | -0.07 | 0.07 | -0.35 | -0.66 | -0.49 | -0.48 | 0.33 | 1.04 | 0.73 |
| Tax % | 22.22% | 0.36% | 0.00% | 900.00% | -800.00% | -2.86% | -3.03% | -8.16% | -8.33% | -12.12% | -26.92% | 0.00% |
| 0.08 | -2.83 | -2.94 | -0.70 | 0.63 | -0.33 | -0.64 | -0.44 | -0.43 | 0.36 | 1.32 | 0.73 | |
| EPS in Rs | 0.12 | -4.22 | -4.08 | -0.97 | 0.87 | -0.46 | -0.89 | -0.61 | -0.60 | 0.50 | 1.83 | 1.01 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 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: | 26% |
| 3 Years: | 57% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 26% |
| 3 Years: | 55% |
| TTM: | -45% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 54% |
| 3 Years: | 80% |
| 1 Year: | -50% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 4% |
| 3 Years: | 10% |
| Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 6.71 | 6.71 | 7.21 | 7.21 | 7.21 | 7.21 | 7.21 | 7.21 | 7.21 | 7.21 | 7.21 | 7.21 |
| Reserves | 12.59 | 9.77 | 1.08 | 0.38 | 1.01 | 0.68 | 0.04 | -0.40 | -0.83 | -0.47 | 0.85 | 6.31 |
| Borrowing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 1.99 | 1.96 | 2.03 | 2.60 | 1.79 | 1.92 | 1.81 | 1.92 | 2.08 | 2.02 | 1.82 | 3.08 | |
| Total Liabilities | 21.29 | 18.44 | 10.32 | 10.19 | 10.01 | 9.81 | 9.06 | 8.73 | 8.46 | 8.76 | 9.88 | 16.60 |
| 10.07 | 8.87 | 3.35 | 3.05 | 2.67 | 2.29 | 2.12 | 1.92 | 1.72 | 1.56 | 1.23 | 1.26 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 | 0.63 |
| Investments | 0.00 | 0.00 | 0.45 | 0.35 | 0.35 | 0.35 | 0.00 | 0.00 | 0.00 | 0.04 | 0.17 | 4.92 |
| 11.22 | 9.57 | 6.52 | 6.79 | 6.99 | 7.17 | 6.94 | 6.81 | 6.74 | 7.16 | 8.24 | 9.79 | |
| Total Assets | 21.29 | 18.44 | 10.32 | 10.19 | 10.01 | 9.81 | 9.06 | 8.73 | 8.46 | 8.76 | 9.88 | 16.60 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.65 | -0.33 | 0.95 | -0.06 | 0.00 | -0.03 | -0.34 | 0.00 | 0.02 | 0.09 | 0.51 | 0.47 | |
| -0.13 | 0.00 | -1.65 | 0.02 | 0.00 | 0.00 | 0.34 | 0.00 | 0.00 | -0.08 | -0.39 | -5.21 | |
| -2.53 | 0.36 | 0.75 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.75 | |
| Net Cash Flow | -0.01 | 0.03 | 0.06 | -0.05 | 0.00 | -0.03 | 0.00 | 0.00 | 0.02 | 0.01 | 0.11 | 0.01 |
| Free Cash Flow | 1.22 | -0.33 | -0.70 | -0.14 | 0.00 | -0.03 | -0.35 | 0.00 | 0.02 | 0.08 | 0.24 | 0.02 |
| CFO/OP | 166% | -24% | 176% | -19% | 26% | 50% | 67% | 13% | -7% | 18% | 40% | 67% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 0.42% | 0.67% | -5.17% | -8.82% | 7.97% | -4.10% | -8.45% | -6.26% | -6.52% | 5.49% | 17.84% | 6.77% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Customer Concentration (Largest Customer) Percentage |
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| Number of Permanent Employees Count |
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| BOOT Project Infrastructure (Gross Block) INR Lakhs |
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| Target Solar Commissioning Capacity (Long-term) MWp |
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| Solar Project Order Book Value INR Crores |
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| Solar Project Order Book Value MWp |
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| Solar Project Pipeline (Committed/Under Negotiation) MWp |
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Extracted by Screener AI
Documents
Announcements
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Non-Applicability Of Annual Secretarial Compliance Report For The Year Ended 31St March, 2026.
29 May - Annual Secretarial Compliance Report not applicable for year ended 31 March 2026 under Regulation 15(2).
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Statement Of Deviation Or Variation In Utilization Of Funds Raised Under Regulation 32 Of SEBI (LODR) Regulation 2015 For The Quarter And Financial Year Ended March 31 2026.
28 May - Epic Energy reported full utilisation of ₹4.75 crore preferential warrant proceeds, with no deviation for FY26.
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Audited Financial Results For The Quarter And Financial Year Ended March 31 2026
28 May - Epic Energy approved FY26 audited results; standalone profit ₹72.67 lakh, consolidated ₹69.43 lakh; internal auditor reappointed.
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Board Meeting Outcome for Outcome Of Board Meeting Pursuant To Regulation 30 Of SEBI (Listin&: Obligations And Disclosure Requirements) Regulations1 2015 ("Listing Regulations")
28 May - Board approved FY26 audited standalone and consolidated results; reappointed internal auditor for FY27.
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Board Meeting Intimation for The Audited Financial Results (Standalone & Consolidated) Of The Company For The Quarter And Financial Year Ended March 31, 2026
21 May - Board meeting on 28 May 2026 to approve audited Q4 and FY2026 results.
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 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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Financial Year 2009
from bse
Business Overview:[1][2]
EEL is an Energy Service Company (ESCO) in India, specializing in Energy Efficiency and Renewable Energy Services and Products & installation of such equipment on BOOT basis. It also undertakes Solar Rooftop Engineering, Procurement & Commissioning (EPC) Projects.