EKI Energy Services Ltd
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]
- Market Cap ₹ 208 Cr.
- Current Price ₹ 75.6
- High / Low ₹ 116 / 60.0
- Stock P/E
- Book Value ₹ 137
- Dividend Yield 0.00 %
- ROCE -6.15 %
- ROE -6.16 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.55 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -12.2% over last 3 years.
- Contingent liabilities of Rs.96.0 Cr.
- Promoter holding has decreased over last 3 years: -7.52%
- Working capital days have increased from 424 days to 779 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
Services Services Commercial Services & Supplies Consulting Services
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|
| 1,800 | 1,286 | 263 | 406 | 87 | 82 | |
| Sales growth | -29% | -80% | +54% | -79% | -66% | |
| 1,284 | 1,124 | 395 | 403 | 95 | 101 | |
| Operating Profit | 516 | 163 | -132 | 3 | -8 | -19 |
| OPM % | 29% | 13% | -50% | 0.7% | -10% | -24% |
| 1 | 13 | 11 | 15 | 18 | 16 | |
| Interest | 1 | 6 | 3 | 1 | 1 | 1 |
| Depreciation | 1 | 4 | 5 | 17 | 25 | 27 |
| Profit before tax | 515 | 166 | -129 | 0 | -16 | -31 |
| Tax % | 26% | 28% | 0% | 700% | 5% | |
| 383 | 120 | -129 | -1 | -17 | -31 | |
| EPS in Rs | 139.30 | 43.49 | -46.94 | 0.52 | -5.42 | -10.87 |
| Dividend Payout % | 4% | 0% | 0% | 383% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -59% |
| TTM: | -66% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -4998% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -40% |
| 3 Years: | -44% |
| 1 Year: | -34% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | -12% |
| Last Year: | -6% |
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 | 131 | |
| CWIP | 4 | 74 | 95 | 2 | 3 |
| 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 | -28 | |
| -52 | -168 | -31 | -0 | -38 | |
| 15 | 53 | -61 | -15 | 3 | |
| Net Cash Flow | -6 | 26 | 8 | 28 | -63 |
| Free Cash Flow | 24 | 59 | 69 | 45 | -37 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 26% | 150% | -55% | 1,515% | 339% |
Ratios
Consolidated / 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 | 779 |
| ROCE % | 33% | -25% | 1% | -6% |
Insights
In beta| Mar 2015 | Mar 2020 | May 2022 | Nov 2023 | Feb 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Carbon Credits Sold/Mobilized Million Credits |
|
|||||
| Countries of Operation Count |
||||||
| Cumulative Carbon Credits Mobilized (Since Inception) Million Credits |
||||||
| Cumulative Cookstoves Distributed Million units |
||||||
| Number of Clients Count |
||||||
| Number of Projects in Portfolio Count |
||||||
| CAPEX Deployed for Community-based Projects Rs. Crore |
||||||
| Carbon Credits Inventory (Stock in Hand) Million Credits |
||||||
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
- EKI will appeal SEBI order; final finding narrows alleged expense issue to ₹26.34 crore.
-
Clarification From EKI Energy Services Limited
- SEBI order dated Oct 30, 2026 imposes Rs. 88 lakh total penalty; EKI faces Rs. 12 lakh and 2-month restraint.
-
Disclosure Under Regulation 30(13) Of The SEBI (LODR) Regulations, 2015 - Receipt Of Order Dated October 30, 2026 From The SEBI
- SEBI order dated Oct 30, 2026 imposes Rs 88 lakh penalties; company penalized Rs 12 lakh and restrained 2 months.
-
Clarification Sought From EKI Energy Services Ltd
- Exchange has sought clarification from EKI Energy Services Ltd on November 2, 2026, with reference to news appeared in https://www.moneycontrol.com dated November 2, 2026 quoting …
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
Concalls
-
Feb 2025Transcript PPT
-
Feb 2025PPT
-
Oct 2024Transcript PPT
-
Jul 2024Transcript PPT
-
Jul 2024PPT
-
May 2024Transcript PPT
-
Jan 2024Transcript PPT REC
-
Nov 2023Transcript PPT
-
Sep 2023Transcript PPT REC
-
Feb 2023Transcript PPT
-
Nov 2022Transcript PPT
-
Aug 2022Transcript PPT
-
May 2022Transcript PPT
-
Feb 2022Transcript PPT
-
Oct 2021Transcript PPT
-
Aug 2021Transcript PPT
-
Jul 2021PPT
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.