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 ₹ 26.1 Cr.
- Current Price ₹ 36.2
- High / Low ₹ 77.5 / 35.0
- Stock P/E 26.1
- Book Value ₹ 11.6
- Dividend Yield 0.00 %
- ROCE 13.6 %
- ROE 17.7 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 3.28 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 23.3%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.51 | 34.09 | 54.06 | 58.25 | 62.91 | 64.90 | 49.83 | 42.79 | 3.08 | 4.26 | 5.37 | |
| Interest | 0.00 | 0.01 | 0.33 | 0.44 | 0.48 | 0.53 | 0.02 | 0.04 | 0.00 | 0.01 | 0.03 |
| 1.58 | 27.30 | 44.44 | 48.07 | 54.71 | 58.04 | 45.68 | 40.49 | 2.59 | 2.90 | 4.34 | |
| Financing Profit | 1.93 | 6.78 | 9.29 | 9.74 | 7.72 | 6.33 | 4.13 | 2.26 | 0.49 | 1.35 | 1.00 |
| Financing Margin % | 54.99% | 19.89% | 17.18% | 16.72% | 12.27% | 9.75% | 8.29% | 5.28% | 15.91% | 31.69% | 18.62% |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | |
| Depreciation | 0.24 | 1.33 | 2.04 | 2.61 | 2.89 | 2.96 | 2.90 | 1.93 | 0.17 | 0.35 | 0.24 |
| Profit before tax | 1.69 | 5.45 | 7.25 | 7.13 | 4.83 | 3.37 | 1.23 | 0.33 | 0.33 | 1.00 | 0.76 |
| Tax % | 7.10% | 12.11% | 21.24% | 21.18% | 24.22% | 19.88% | 20.33% | 21.21% | -12.12% | -29.00% | |
| 1.57 | 4.79 | 5.71 | 5.62 | 3.66 | 2.70 | 0.98 | 0.26 | 0.36 | 1.30 | 1.00 | |
| EPS in Rs | 2.34 | 7.14 | 8.51 | 8.37 | 5.45 | 4.02 | 1.46 | 0.39 | 0.50 | 1.82 | 1.38 |
| Dividend Payout % | 0.00% | 0.00% | 8.81% | 8.95% | 13.75% | 18.64% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 58% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 64% |
| 3 Years: | 77% |
| 1 Year: | -36% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.71 | 6.71 | 6.71 | 6.71 | 6.71 | 6.71 | 6.71 | 6.71 | 7.21 | 7.21 | 7.21 |
| Reserves | 3.16 | 7.95 | 13.86 | 18.89 | 21.96 | 24.06 | 25.05 | 25.31 | -0.47 | 0.84 | 1.14 |
| Borrowing | 0.20 | 1.23 | 1.90 | 3.88 | 4.67 | 0.98 | 1.24 | 0.13 | 0.00 | 0.00 | 0.77 |
| 0.46 | 1.35 | 5.39 | 5.10 | 4.20 | 4.87 | 4.59 | 4.96 | 2.02 | 2.60 | 2.06 | |
| Total Liabilities | 10.53 | 17.24 | 27.86 | 34.58 | 37.54 | 36.62 | 37.59 | 37.11 | 8.76 | 10.65 | 11.18 |
| 2.41 | 5.70 | 5.42 | 12.29 | 12.73 | 9.49 | 11.40 | 9.12 | 1.56 | 1.45 | 1.46 | |
| CWIP | 1.18 | 2.66 | 2.09 | 0.00 | 1.93 | 1.85 | 0.00 | 0.00 | 0.00 | 0.24 | 0.34 |
| Investments | 0.00 | 0.65 | 0.25 | 0.40 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.10 | 0.10 |
| 6.94 | 8.23 | 20.10 | 21.89 | 22.88 | 25.28 | 26.19 | 27.99 | 7.16 | 8.86 | 9.28 | |
| Total Assets | 10.53 | 17.24 | 27.86 | 34.58 | 37.54 | 36.62 | 37.59 | 37.11 | 8.76 | 10.65 | 11.18 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 3.13 | 0.06 | 6.27 | 4.36 | 4.05 | 2.96 | 2.38 | 0.09 | 0.16 | ||
| -6.74 | -0.79 | -7.53 | -5.30 | 0.36 | -2.96 | 0.35 | -0.08 | 0.23 | ||
| 1.03 | 0.68 | 1.97 | 0.78 | -5.09 | 0.00 | -2.76 | 0.00 | 0.00 | ||
| Net Cash Flow | -2.58 | -0.05 | 0.71 | -0.16 | -0.68 | 0.00 | -0.03 | 0.01 | 0.39 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 15.91% | 39.05% | 32.42% | 24.34% | 13.49% | 9.08% | 3.13% | 0.82% | 5.34% | 17.71% |
Documents
Announcements
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Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended 31St December, 2025.
1d - Board approved unaudited Q3 and nine-month results to 31-Dec-2025: consolidated revenue Rs299.04 lakh, profit Rs37.31 lakh.
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Board Meeting Outcome for Outcome Of The Board Meeting Held On 14Th February, 2026 And Submission Of Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended 31St December, 2025.
1d - Unaudited standalone and consolidated Q3 & 9M results to 31-Dec-2025: consolidated revenue Rs 299.04L, net profit Rs 37.31L.
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Board Meeting Intimation for Consider And Approve The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended December 31, 2025.
6 Feb - Board meeting on Feb 14, 2026 to approve unaudited results for quarter and nine months ended Dec 31, 2025.
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Development Of Epic'S Lithium-Ion Battery Recycling And Second-Life Battery Initiatives Through Its Special Purpose Vehicle, Swachchha Urja Nirman LLP ('SUN LLP').
3 Feb - Epic partners with REFNIC for Wada shredding (500 kg/hr black‑mass) and 10 MWh/month second‑life assembly.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
21 Jan - Reg 74(5) certificate for quarter ended 31 Dec 2025 confirming dematerialisation processed and certificates cancelled.
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
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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.