CLN Energy Ltd
Incorporated in 2019, CLN Energy Limited manufactures customized lithium-ion batteries and motors, and it deals in powertrain components for electric vehicles[1]
- Market Cap ₹ 547 Cr.
- Current Price ₹ 518
- High / Low ₹ 659 / 230
- Stock P/E 32.4
- Book Value ₹ 97.7
- Dividend Yield 0.00 %
- ROCE 31.3 %
- ROE 23.4 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.7%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Debtor days have increased from 88.3 to 125 days.
- Working capital days have increased from 53.9 days to 96.0 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
Consumer Discretionary Automobile and Auto Components Auto Components Auto Components & Equipments
Part of BSE SME IPO
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 122 | 129 | 133 | 219 | 296 | |
| 115 | 115 | 114 | 194 | 266 | |
| Operating Profit | 6 | 13 | 19 | 25 | 31 |
| OPM % | 5% | 10% | 14% | 12% | 10% |
| 0 | -7 | 0 | 1 | 1 | |
| Interest | 0 | 0 | 0 | 1 | 3 |
| Depreciation | 1 | 6 | 6 | 6 | 6 |
| Profit before tax | 5 | 1 | 12 | 19 | 22 |
| Tax % | 27% | 19% | 20% | 31% | |
| 4 | 1 | 10 | 13 | 17 | |
| EPS in Rs | 32.07 | 6.43 | 28.75 | 12.24 | 15.98 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 22% |
| TTM: | 65% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 51% |
| TTM: | 29% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 33% |
| Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 3 | 11 | 11 |
| Reserves | 2 | 2 | 10 | 84 | 93 |
| 0 | 0 | 0 | 16 | 100 | |
| 59 | 106 | 100 | 89 | 63 | |
| Total Liabilities | 62 | 110 | 113 | 199 | 266 |
| 5 | 16 | 18 | 18 | 19 | |
| CWIP | 6 | 3 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 52 | 91 | 96 | 181 | 247 | |
| Total Assets | 62 | 110 | 113 | 199 | 266 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 8 | 15 | 4 | -67 | |
| -9 | -15 | -1 | -13 | |
| 2 | 0 | 0 | 83 | |
| Net Cash Flow | 1 | -0 | 3 | 4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 23 | 71 | 68 | 125 |
| Inventory Days | 128 | 102 | 147 | 142 |
| Days Payable | 109 | 183 | 234 | 124 |
| Cash Conversion Cycle | 42 | -10 | -18 | 143 |
| Working Capital Days | 13 | 24 | 41 | 96 |
| ROCE % | 238% | 146% | 31% |
Documents
Announcements
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Financial Results For The Half Year Ended September 30, 2025
14 Nov - Board approved unaudited standalone and consolidated H1 results (Sep 30, 2025); profit Rs.856.80 lakh.
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Board Meeting Outcome for Outcome Of Board Meeting Held On Friday, November 14, 2025.
14 Nov - H1 (ended Sep 30, 2025) results approved: revenue Rs15,290.12L; H1 net profit Rs856.80L; 40.1% Electrovault associate.
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Board Meeting Intimation for For Consideration And Approval Of Unaudited Financial Results
(Standalone And Consolidated) For Half Year Ended September 30, 2025.
11 Nov - Board meeting on Nov 14, 2025 to approve H1 unaudited results for period ended Sep 30, 2025 (CLN Energy).
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Oct - Certificate under Regulation 74(5) of the SEBI (LODR) Regulations, 2018 for the Quarter ended September 30, 2025
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Announcement under Regulation 30 (LODR)-Credit Rating
4 Oct - CARE assigned CARE BBB-; Stable / CARE A3 to CLN Energy's ₹55.00 crore bank facilities.
Business Segment[1]
CLN Energy Limited specializes in manufacturing customized lithium-ion batteries, motors, and powertrain components for electric vehicles (EVs). It serves mobility applications, such as electric two, three, and four-wheelers, and stationary applications, including solar energy storage systems and telecommunications. The company provides B2B solutions with customizable designs for diverse applications.
Product Portfolio[1]
1. Manufactured Products: Lithium-ion battery packs (2KWh–500KWh), motors, and powertrain components like controllers and chargers.
2. Traded Products: Includes battery management systems (BMS) and other powertrain components.
3. Services: Customized design and development of prototypes.