IND Renewable Energy Ltd
Incorporated in 2011, Ind Renewable Energy Ltd is in the business of generation of Solar power including Roof top Solar
- Market Cap ₹ 24.8 Cr.
- Current Price ₹ 17.8
- High / Low ₹ 26.8 / 7.74
- Stock P/E 73.1
- Book Value ₹ 2.09
- Dividend Yield 0.00 %
- ROCE -1.79 %
- ROE 0.00 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Promoter holding has increased by 24.2% over last quarter.
Cons
- Stock is trading at 8.53 times its book value
- Promoter holding is low: 38.6%
- Company has a low return on equity of -1.84% over last 3 years.
* 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: Power Generation & Distribution Industry: Power Generation And Supply
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.09 | 0.09 | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 | |
0.08 | 0.05 | 0.14 | 0.25 | 0.20 | 0.22 | 0.26 | 0.20 | 0.09 | 0.15 | 0.06 | 0.08 | |
Operating Profit | -0.08 | -0.05 | -0.14 | -0.25 | -0.16 | -0.13 | -0.17 | -0.11 | -0.09 | -0.15 | -0.06 | -0.08 |
OPM % | -400.00% | -144.44% | -188.89% | -122.22% | ||||||||
0.10 | -0.18 | 0.24 | 0.74 | 0.37 | 0.32 | 0.58 | -0.08 | 0.00 | 0.06 | 0.00 | 0.37 | |
Interest | 0.00 | 0.01 | 0.00 | 0.01 | 0.07 | 0.02 | 0.03 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.00 | 0.06 | 0.06 | 0.06 | 0.07 | 0.08 | 0.05 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 |
Profit before tax | 0.02 | -0.30 | 0.04 | 0.42 | 0.07 | 0.09 | 0.33 | -0.27 | -0.09 | -0.09 | -0.06 | 0.29 |
Tax % | 0.00% | 0.00% | 0.00% | 19.05% | 14.29% | 11.11% | 15.15% | -3.70% | 0.00% | 0.00% | 100.00% | |
0.02 | -0.30 | 0.04 | 0.35 | 0.06 | 0.07 | 0.28 | -0.29 | -0.09 | -0.09 | 0.00 | 0.34 | |
EPS in Rs | 0.01 | -0.20 | 0.03 | 0.23 | 0.04 | 0.05 | 0.19 | -0.19 | -0.06 | -0.06 | 0.00 | 0.22 |
Dividend Payout % | 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: | % |
5 Years: | % |
3 Years: | % |
TTM: | % |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 667% |
Stock Price CAGR | |
---|---|
10 Years: | 1% |
5 Years: | 1% |
3 Years: | 27% |
1 Year: | 120% |
Return on Equity | |
---|---|
10 Years: | -5% |
5 Years: | -3% |
3 Years: | -2% |
Last Year: | 0% |
Balance Sheet
Figures in Rs. Crores
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 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 |
Reserves | 0.04 | -0.27 | -0.23 | 0.12 | 0.18 | 0.26 | 0.63 | 0.34 | 0.25 | 0.17 | 0.17 | 0.13 |
0.00 | 0.03 | 0.00 | 0.59 | 0.36 | 0.38 | 0.37 | 0.06 | 0.02 | 0.13 | 0.18 | 0.23 | |
0.00 | 0.00 | 0.00 | 0.08 | 0.01 | 0.00 | 0.04 | 0.06 | 0.00 | 0.01 | 0.01 | 0.02 | |
Total Liabilities | 3.07 | 2.79 | 2.80 | 3.82 | 3.58 | 3.67 | 4.07 | 3.49 | 3.30 | 3.34 | 3.39 | 3.41 |
0.30 | 0.24 | 0.18 | 0.12 | 0.61 | 0.53 | 0.48 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 2.75 | 2.54 | 2.43 | 3.13 | 2.59 | 2.78 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
0.02 | 0.01 | 0.19 | 0.57 | 0.38 | 0.36 | 3.59 | 3.49 | 3.30 | 3.34 | 3.39 | 3.41 | |
Total Assets | 3.07 | 2.79 | 2.80 | 3.82 | 3.58 | 3.67 | 4.07 | 3.49 | 3.30 | 3.34 | 3.39 | 3.41 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
-0.06 | -0.04 | -0.20 | -0.74 | 0.01 | -0.21 | -3.27 | 0.02 | 0.04 | -0.10 | -0.05 | |
-2.65 | 0.03 | 0.35 | 0.04 | 0.34 | 0.14 | 3.36 | 0.27 | 0.00 | 0.00 | 0.00 | |
2.71 | 0.02 | -0.03 | 0.58 | -0.29 | 0.00 | -0.04 | -0.33 | -0.04 | 0.11 | 0.04 | |
Net Cash Flow | 0.00 | 0.01 | 0.12 | -0.12 | 0.06 | -0.07 | 0.04 | -0.04 | -0.01 | 0.01 | 0.00 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 91.25 | 40.56 | 40.56 | 81.11 | |||||||
Inventory Days | |||||||||||
Days Payable | |||||||||||
Cash Conversion Cycle | 91.25 | 40.56 | 40.56 | 81.11 | |||||||
Working Capital Days | 0.00 | 243.33 | 13,748.33 | 13,667.22 | |||||||
ROCE % | -2.39% | -5.72% | -8.26% | -5.47% | -4.97% | -1.82% | -4.29% | -2.67% | -2.71% | -1.79% |
Documents
Announcements
- Compliance Certificate For The Quarter Ended March 31, 2024 16 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
16 Apr - Compliance Certificate for the quarter ended March 2024
- Closure of Trading Window 2 Apr
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 26 Feb
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
20 Feb - Post issue Advertisement of Ind Renewable Energy Limited.
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
Scheme of Arrangement:[1]
Company is holding investments and other assets and liabilities of investment business undertaking transferred to it under Scheme of Arrangement between Everlon Synthetics Limited and Vakharia Power Infrastructure Limited and their respective share holders.