EKI Energy Services Ltd

EKI Energy Services Ltd

₹ 91.8 0.07%
08 May - close price
About

Incorporated in 2011, EKI Energy Services Ltd is in the business of Carbon credit offsetting, carbon advisory services, and implementation & development of carbon credit eligible projects[1]

Key Points

Business Overview:[1]
EKIESL operates in climate change and sustainability advisory services, specializing in carbon credit trading. The company mobilizes carbon credits for sale in the global voluntary carbon credit market, serving customers in over 40 countries. EKIESL advises and assists clients engaged in carbon avoidance, reduction, and removal projects, handling activities such as registration, validation, verification, issuance, and sale of carbon credits.

  • Market Cap 254 Cr.
  • Current Price 91.8
  • High / Low 140 / 60.0
  • Stock P/E
  • Book Value 137
  • Dividend Yield 2.18 %
  • ROCE -3.84 %
  • ROE -3.90 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.67 times its book value

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of -12.8% over last 3 years.
  • Contingent liabilities of Rs.91.0 Cr.
  • Earnings include an other income of Rs.18.5 Cr.
  • Promoter holding has decreased over last 3 years: -7.53%
  • Working capital days have increased from 477 days to 939 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
99.80 63.04 78.95 43.52 77.88 178.21 143.12 67.46 17.58 14.94 35.06 16.77 19.75
159.90 94.44 121.40 66.29 112.91 177.86 142.21 62.38 23.96 18.73 33.27 20.53 22.88
Operating Profit -60.10 -31.40 -42.45 -22.77 -35.03 0.35 0.91 5.08 -6.38 -3.79 1.79 -3.76 -3.13
OPM % -60.22% -49.81% -53.77% -52.32% -44.98% 0.20% 0.64% 7.53% -36.29% -25.37% 5.11% -22.42% -15.85%
3.97 0.58 0.75 1.67 7.77 3.17 5.98 3.89 4.66 6.87 4.07 5.75 1.91
Interest 0.82 1.19 0.59 1.03 0.21 0.17 0.13 0.60 0.08 0.03 0.03 0.53 0.03
Depreciation 0.88 1.17 1.20 1.30 1.61 3.35 2.49 5.37 5.35 5.38 5.60 6.90 7.00
Profit before tax -57.83 -33.18 -43.49 -23.43 -29.08 0.00 4.27 3.00 -7.15 -2.33 0.23 -5.44 -8.25
Tax % -17.41% 0.27% -0.02% -0.38% 0.07% 1.17% 49.00% -7.13% -45.06% 1,352.17% -14.89% -5.45%
-47.76 -33.28 -43.48 -23.33 -29.11 0.04 4.22 1.54 -6.64 -1.29 -2.88 -4.63 -7.79
EPS in Rs -19.31 -11.88 -15.59 -8.20 -10.15 0.48 1.46 0.85 -2.26 -0.26 -0.78 -1.47 -2.91
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1,800 1,286 263 406 87
1,284 1,124 395 403 95
Operating Profit 516 163 -132 3 -9
OPM % 29% 13% -50% 1% -10%
1 13 11 15 19
Interest 1 6 3 1 1
Depreciation 1 4 5 17 25
Profit before tax 515 166 -129 0 -16
Tax % 26% 28% 0% 700% 5%
383 120 -129 -1 -17
EPS in Rs 139.30 43.49 -46.94 -0.30 -5.42
Dividend Payout % 4% 0% 0% -657% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: -59%
TTM: -79%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -5%
Stock Price CAGR
10 Years: %
5 Years: 1%
3 Years: -41%
1 Year: -9%
Return on Equity
10 Years: %
5 Years: 16%
3 Years: -13%
Last Year: -4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 7 28 28 28 28
Reserves 402 496 369 361 352
2 67 5 1 5
151 298 261 216 163
Total Liabilities 562 888 663 606 548
27 32 35 106 133
CWIP 4 74 95 2 0
Investments 23 24 6 63 39
508 759 526 435 377
Total Assets 562 888 663 606 548

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
31 141 99 43 -29
-52 -168 -31 -0 -38
15 53 -61 -15 3
Net Cash Flow -6 26 8 28 -63
Free Cash Flow 24 59 69 44 -38
CFO/OP 26% 150% -55% 1,515% 328%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 28 10 66 33 64
Inventory Days 63 127 167 96 563
Days Payable 34 26 41 30 74
Cash Conversion Cycle 57 111 191 100 553
Working Capital Days 69 119 332 161 939
ROCE % 33% -25% 1% -4%

Insights

In beta
Mar 2021 Mar 2022 Mar 2023 Dec 2024
Credits Mobilized
Million

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Global Presence (Countries)
Count
Number of Clients
Count
Carbon Credit Trading Volume
Million credits
Community-Based Project Investment (Group Level Capex)
INR Crores
Number of Projects
Count
Carbon Credit Inventory
Million credits

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
73.41% 73.41% 73.40% 73.43% 73.42% 73.41% 70.87% 66.08% 66.08% 65.98% 65.98% 65.89%
0.23% 0.14% 0.14% 0.14% 0.14% 0.00% 0.07% 0.07% 0.07% 0.07% 0.07% 0.06%
0.00% 0.02% 0.02% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
26.35% 26.43% 26.44% 26.43% 26.43% 26.59% 29.07% 33.86% 33.84% 33.94% 33.93% 34.05%
No. of Shareholders 73,34374,74574,00668,85365,81263,58562,95163,63162,18060,56658,73456,733

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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