IND Renewable Energy Ltd
₹ 11.0
2.33%
02 Jun
- close price
About
Incorporated in 2011, Ind Renewable Energy Ltd is in the business of generation of Solar power including Roof top Solar
Key Points
- Market Cap ₹ 15.3 Cr.
- Current Price ₹ 11.0
- High / Low ₹ 16.7 / 9.72
- Stock P/E
- Book Value ₹ 17.8
- Dividend Yield 0.00 %
- ROCE -4.58 %
- ROE -4.76 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.62 times its book value
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 0.07%
- Company has a low return on equity of -1.87% over last 3 years.
- Promoter holding has decreased over last 3 years: -14.3%
* 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.
Peer comparison
Loading peers table ...
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 0.04 | 0.09 | 0.09 | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.14 | 0.25 | 0.20 | 0.22 | 0.26 | 0.20 | 0.09 | 0.15 | 0.06 | 0.37 | 0.12 | 1.19 | |
| Operating Profit | -0.14 | -0.25 | -0.16 | -0.13 | -0.17 | -0.11 | -0.09 | -0.15 | -0.06 | -0.37 | -0.12 | -1.19 |
| OPM % | -400.00% | -144.44% | -188.89% | -122.22% | ||||||||
| 0.24 | 0.74 | 0.37 | 0.32 | 0.58 | -0.08 | 0.00 | 0.06 | 0.00 | 0.38 | 0.06 | 0.00 | |
| Interest | 0.00 | 0.01 | 0.07 | 0.02 | 0.03 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Depreciation | 0.06 | 0.06 | 0.07 | 0.08 | 0.05 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.04 | 0.42 | 0.07 | 0.09 | 0.33 | -0.27 | -0.09 | -0.09 | -0.06 | 0.01 | -0.07 | -1.20 |
| Tax % | 0.00% | 19.05% | 14.29% | 11.11% | 15.15% | 3.70% | 0.00% | 0.00% | -100.00% | -400.00% | 14.29% | 0.83% |
| 0.04 | 0.35 | 0.06 | 0.07 | 0.28 | -0.29 | -0.09 | -0.09 | 0.00 | 0.05 | -0.08 | -1.21 | |
| EPS in Rs | 0.03 | 0.23 | 0.04 | 0.05 | 0.19 | -0.19 | -0.06 | -0.06 | 0.00 | 0.04 | -0.06 | -0.87 |
| Dividend Payout % | 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: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -1413% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | 2% |
| 3 Years: | 2% |
| 1 Year: | -8% |
| Return on Equity | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | -2% |
| 3 Years: | -2% |
| Last Year: | -5% |
Balance Sheet
Figures in Rs. Crores
| 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 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 13.93 | 13.93 | 13.93 |
| Reserves | -0.23 | 0.12 | 0.18 | 0.26 | 0.63 | 0.34 | 0.25 | 0.17 | 0.17 | 12.20 | 12.12 | 10.91 |
| 0.00 | 0.59 | 0.36 | 0.38 | 0.37 | 0.06 | 0.02 | 0.13 | 0.18 | 0.41 | 0.47 | 0.60 | |
| 0.00 | 0.08 | 0.01 | 0.00 | 0.04 | 0.06 | 0.00 | 0.01 | 0.01 | 0.20 | 0.20 | 1.39 | |
| Total Liabilities | 2.80 | 3.82 | 3.58 | 3.67 | 4.07 | 3.49 | 3.30 | 3.34 | 3.39 | 26.74 | 26.72 | 26.83 |
| 0.18 | 0.12 | 0.61 | 0.53 | 0.48 | 0.00 | 0.00 | 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 | 2.43 | 3.13 | 2.59 | 2.78 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.19 | 0.57 | 0.38 | 0.36 | 3.59 | 3.49 | 3.30 | 3.34 | 3.39 | 26.74 | 26.72 | 26.83 | |
| Total Assets | 2.80 | 3.82 | 3.58 | 3.67 | 4.07 | 3.49 | 3.30 | 3.34 | 3.39 | 26.74 | 26.72 | 26.83 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.20 | -0.74 | 0.01 | -0.21 | -3.27 | 0.02 | 0.04 | -0.10 | -0.05 | -23.08 | -0.06 | -0.13 | |
| 0.35 | 0.04 | 0.34 | 0.14 | 3.36 | 0.27 | 0.00 | 0.00 | 0.00 | -0.41 | 0.00 | 0.00 | |
| -0.03 | 0.58 | -0.29 | 0.00 | -0.04 | -0.33 | -0.04 | 0.11 | 0.04 | 23.50 | 0.06 | 0.13 | |
| Net Cash Flow | 0.12 | -0.12 | 0.06 | -0.07 | 0.04 | -0.04 | -0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow | -0.20 | -0.74 | -0.55 | -0.21 | -3.27 | 0.37 | 0.04 | -0.10 | -0.05 | -23.08 | -0.06 | -0.13 |
| CFO/OP | 143% | 296% | -6% | 162% | 1,924% | -18% | -44% | 67% | 183% | 6,238% | 50% | 11% |
Ratios
Figures in Rs. Crores
| 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 | 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 | -3,285.00 | -1,297.78 | 12,247.78 | 13,423.89 | ||||||||
| ROCE % | -5.72% | -8.26% | -5.47% | -4.97% | -1.82% | -4.29% | -2.67% | -2.71% | -1.79% | 0.07% | -0.23% | -4.58% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Carrying Value of Plant & Machinery (Solar Assets) INR |
|
|||||||||
| Revenue from Sale of Solar Power (Electricity) INR |
||||||||||
| Capital Advances for Solar Projects INR Lakhs |
||||||||||
| Number of Permanent Employees Count |
||||||||||
| Planned Solar PV System Capacity (Project stage) MWp |
||||||||||
Requires Premium
Requires Premium
Extracted by Screener AI
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Submitted Annual Secretarial Compliance Report for FY 2025-26 under Regulation 24A.
-
Results: Audited Standalone Financial Results For The Quarter & Year Ended March 31 2026
26 May - Board approved FY2026 audited results on 26 May 2026; auditors issued unmodified opinion.
-
Board Meeting Outcome for Audited Standalone Financial Results For The Quarter & Year Ended March 31, 2026
26 May - Board approved audited FY2026 results and reported unmodified auditor opinion on March 31, 2026 results.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
22 May - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.
-
Board Meeting Intimation for Audited Financial Results For Quarter And Year Ended March 31, 2026
14 May - Board to meet on May 26, 2026 to approve standalone audited results for quarter and year ended March 31, 2026.
Annual reports
-
Financial Year 2024
from bse
-
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.