Gita Renewable Energy Ltd
Incorporated in 2010, Gita Renewable Energy Ltd is engaged in generation of electricity from Non-conventional sources[1]
- Market Cap ₹ 59.8 Cr.
- Current Price ₹ 146
- High / Low ₹ 310 / 70.0
- Stock P/E 399
- Book Value ₹ 33.0
- Dividend Yield 0.00 %
- ROCE 6.98 %
- ROE 13.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 4.41 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 3.93% over last 3 years.
- Company has high debtors of 747 days.
- Working capital days have increased from -3,445 days to 1,877 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.
Peer comparison
Sector: Power Generation & Distribution Industry: Power Generation And Supply
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | 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 | 6.23 | 4.44 | 4.13 | 3.06 | 0.00 | 0.00 | 0.36 | 0.36 | 0.24 | 0.24 | 0.21 | 0.13 | |
0.00 | 1.61 | 0.91 | 0.79 | 6.53 | 0.25 | 0.14 | 0.29 | 0.32 | 1.60 | 0.89 | 1.00 | 0.65 | |
Operating Profit | 0.00 | 4.62 | 3.53 | 3.34 | -3.47 | -0.25 | -0.14 | 0.07 | 0.04 | -1.36 | -0.65 | -0.79 | -0.52 |
OPM % | 74.16% | 79.50% | 80.87% | -113.40% | 19.44% | 11.11% | -566.67% | -270.83% | -376.19% | -400.00% | |||
0.00 | 0.00 | 0.36 | 0.33 | -0.23 | 1.08 | 0.08 | 0.00 | 0.15 | -12.78 | 3.03 | 8.66 | 0.54 | |
Interest | 0.00 | 2.15 | 1.70 | 2.14 | 0.84 | 0.35 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | -0.13 |
Depreciation | 0.00 | 2.39 | 2.85 | 3.69 | 2.84 | 1.93 | 1.94 | 1.94 | 1.94 | 0.00 | 0.00 | 0.00 | 0.00 |
Profit before tax | 0.00 | 0.08 | -0.66 | -2.16 | -7.38 | -1.45 | -2.03 | -1.87 | -1.75 | -14.14 | 2.38 | 7.86 | 0.15 |
Tax % | 150.00% | 33.33% | 27.78% | 114.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||
0.00 | -0.04 | -0.43 | -1.56 | 1.09 | -1.46 | -2.02 | -1.87 | -1.75 | -14.14 | 2.38 | 7.86 | 0.15 | |
EPS in Rs | -1.05 | -3.79 | 2.65 | -3.55 | -4.91 | -4.55 | -4.26 | -34.38 | 5.79 | 19.11 | 0.36 | ||
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: | -29% |
5 Years: | % |
3 Years: | -16% |
TTM: | -97% |
Compounded Profit Growth | |
---|---|
10 Years: | 48% |
5 Years: | 24% |
3 Years: | 46% |
TTM: | -99% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 95% |
3 Years: | 64% |
1 Year: | 90% |
Return on Equity | |
---|---|
10 Years: | -3% |
5 Years: | -3% |
3 Years: | 4% |
Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | 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 | 0.05 | 4.11 | 4.11 | 4.11 | 4.11 | 4.11 | 4.11 | 4.11 | 4.11 | 4.11 | 4.11 | 4.11 | 4.11 |
Reserves | 0.00 | 22.06 | 21.62 | 20.06 | 21.15 | 19.57 | 17.55 | 15.68 | 13.53 | -0.60 | 11.84 | 9.64 | 9.46 |
0.00 | 58.69 | 55.36 | 52.35 | 4.44 | 0.85 | 0.00 | 0.00 | 0.00 | 0.00 | 26.44 | 0.00 | 0.00 | |
0.00 | 13.60 | 9.93 | 9.02 | 43.26 | 41.02 | 41.01 | 40.96 | 38.71 | 35.43 | 0.68 | 0.44 | 0.55 | |
Total Liabilities | 0.05 | 98.46 | 91.02 | 85.54 | 72.96 | 65.55 | 62.67 | 60.75 | 56.35 | 38.94 | 43.07 | 14.19 | 14.12 |
0.00 | 45.64 | 42.79 | 39.09 | 26.27 | 24.40 | 22.47 | 20.55 | 18.62 | 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 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 | 1.80 | 5.13 | 28.91 | 5.77 | 5.77 |
0.05 | 52.82 | 48.23 | 46.45 | 46.69 | 41.15 | 40.20 | 40.00 | 35.93 | 33.81 | 14.16 | 8.42 | 8.35 | |
Total Assets | 0.05 | 98.46 | 91.02 | 85.54 | 72.96 | 65.55 | 62.67 | 60.75 | 56.35 | 38.94 | 43.07 | 14.19 | 14.12 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 24.54 | 1.74 | 4.18 | 38.02 | 0.74 | -0.04 | 6.84 | 7.12 | -22.98 | -24.30 | 15.22 | |
0.00 | -29.68 | 3.25 | 1.00 | 10.96 | -0.48 | 0.12 | -6.90 | -5.64 | 28.15 | -4.35 | 6.86 | |
0.00 | 5.14 | -5.02 | -5.15 | -48.75 | -0.52 | -0.03 | 0.00 | 0.00 | 0.00 | 26.44 | -26.44 | |
Net Cash Flow | 0.00 | 0.00 | -0.03 | 0.03 | 0.22 | -0.26 | 0.05 | -0.06 | 1.48 | 5.17 | -2.21 | -4.36 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 1,226.24 | 1,617.84 | 1,667.69 | 1,975.29 | 7,279.72 | 375.14 | 28,758.96 | 9,140.21 | 747.38 | |||
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 1,226.24 | 1,617.84 | 1,667.69 | 1,975.29 | 7,279.72 | 375.14 | 28,758.96 | 9,140.21 | 747.38 | |||
Working Capital Days | 778.63 | 1,270.10 | 1,319.48 | -2,440.49 | -28,470.00 | -38,801.53 | -25,048.12 | 12,835.83 | 1,877.14 | |||
ROCE % | 5.25% | 1.25% | -0.03% | -11.26% | -4.06% | -8.66% | -9.02% | -9.35% | -11.16% | 2.66% | 6.98% |
Documents
Announcements
- Non-Applicability Of SEBI Operational Circular Dated August 10, 2021 18 Apr
- Certificate Under Regulation 40(10) Of SEBI (LODR) Regulations, 2015 For The Financial Year Ended 31St March 2024 10 Apr
- Compliance Certificate Under Regulation 7(3) Of The SEBI (Listing Obligations And Disclosure Requirments) Regulations, 2015 For The Quarter And Year Ended 31St March 2024 10 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Confirmation of Dematerialization of Securities for the quarter and year ended 31st March 2024
- Closure of Trading Window 26 Mar
Annual reports
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Financial Year 2023
from bse
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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 2015
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Financial Year 2014
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Financial Year 2013
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Business Overview:[1][2]
GREL generates Power from renewable resources including Wind, Solar and Hydro. Company provides operations and maintenance services for generating Renewable energy, including for projects constructed by third parties