Energy Development Company Ltd
Incorporated in 1995, Energy Development Company Ltd does generation and sale of bulk power and trading of power equipments[1]
- Market Cap ₹ 104 Cr.
- Current Price ₹ 22.0
- High / Low ₹ 36.8 / 14.0
- Stock P/E
- Book Value ₹ 34.5
- Dividend Yield 0.00 %
- ROCE 1.64 %
- ROE 0.40 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.64 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -20.4% over past five years.
- Company has a low return on equity of 0.65% over last 3 years.
- Contingent liabilities of Rs.296 Cr.
- Earnings include an other income of Rs.0.81 Cr.
- Company has high debtors of 1,137 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
61.21 | 48.74 | 39.36 | 21.54 | 134.66 | 103.07 | 40.23 | 13.34 | 10.77 | 11.37 | 12.94 | 12.82 | 9.60 | |
47.95 | 39.55 | 31.24 | 14.57 | 127.92 | 101.51 | 38.14 | 23.32 | 12.63 | 10.36 | 8.61 | 8.39 | 8.59 | |
Operating Profit | 13.26 | 9.19 | 8.12 | 6.97 | 6.74 | 1.56 | 2.09 | -9.98 | -1.86 | 1.01 | 4.33 | 4.43 | 1.01 |
OPM % | 21.66% | 18.86% | 20.63% | 32.36% | 5.01% | 1.51% | 5.20% | -74.81% | -17.27% | 8.88% | 33.46% | 34.56% | 10.52% |
10.17 | 3.47 | 6.27 | 6.18 | 0.49 | 9.13 | 5.42 | 5.70 | 4.06 | 3.63 | 3.88 | 1.28 | 0.81 | |
Interest | 7.72 | 6.74 | 8.79 | 7.70 | 1.63 | 2.47 | 3.09 | 2.81 | 2.20 | 2.40 | 2.62 | 2.55 | 1.99 |
Depreciation | 4.54 | 4.86 | 4.95 | 4.06 | 3.30 | 3.03 | 2.90 | 2.81 | 2.75 | 2.68 | 2.64 | 2.65 | 2.62 |
Profit before tax | 11.17 | 1.06 | 0.65 | 1.39 | 2.30 | 5.19 | 1.52 | -9.90 | -2.75 | -0.44 | 2.95 | 0.51 | -2.79 |
Tax % | 18.08% | -496.23% | -240.00% | 0.72% | 30.00% | 34.30% | 8.55% | 20.81% | -9.45% | -11.36% | -1.69% | -25.49% | |
9.15 | 6.33 | 2.21 | 1.38 | 1.61 | 3.41 | 1.39 | -7.84 | -3.01 | -0.50 | 3.00 | 0.65 | -2.67 | |
EPS in Rs | 3.33 | 2.30 | 0.80 | 0.50 | 0.34 | 0.72 | 0.29 | -1.65 | -0.63 | -0.11 | 0.63 | 0.14 | -0.57 |
Dividend Payout % | 36.07% | 34.76% | 62.22% | 99.64% | 147.52% | 69.65% | 170.86% | -30.29% | -78.90% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -13% |
5 Years: | -20% |
3 Years: | 6% |
TTM: | -28% |
Compounded Profit Growth | |
---|---|
10 Years: | -20% |
5 Years: | -14% |
3 Years: | 30% |
TTM: | -247% |
Stock Price CAGR | |
---|---|
10 Years: | 3% |
5 Years: | 27% |
3 Years: | 35% |
1 Year: | 52% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | -1% |
3 Years: | 1% |
Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 27.50 | 27.50 | 27.50 | 27.50 | 47.50 | 47.50 | 47.50 | 47.50 | 47.50 | 47.50 | 47.50 | 47.50 | 47.50 |
Reserves | 102.65 | 106.41 | 107.01 | 106.50 | 129.26 | 131.27 | 129.84 | 119.00 | 113.09 | 112.70 | 115.82 | 116.52 | 116.32 |
70.59 | 61.55 | 70.98 | 4.64 | 9.07 | 16.51 | 17.83 | 17.81 | 18.15 | 21.18 | 21.06 | 24.08 | 28.56 | |
38.01 | 25.66 | 21.59 | 12.25 | 65.94 | 98.88 | 72.08 | 64.10 | 67.52 | 69.45 | 70.09 | 73.19 | 73.57 | |
Total Liabilities | 238.75 | 221.12 | 227.08 | 150.89 | 251.77 | 294.16 | 267.25 | 248.41 | 246.26 | 250.83 | 254.47 | 261.29 | 265.95 |
60.60 | 58.44 | 52.81 | 47.96 | 44.68 | 41.66 | 38.81 | 36.01 | 33.39 | 30.87 | 28.30 | 25.66 | 24.36 | |
CWIP | 0.00 | 0.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 68.95 | 68.95 | 100.95 | 70.69 | 114.68 | 99.30 | 83.10 | 79.15 | 79.10 | 79.25 | 79.01 | 79.01 | 79.01 |
109.20 | 93.65 | 73.32 | 32.24 | 92.41 | 153.20 | 145.34 | 133.25 | 133.77 | 140.71 | 147.16 | 156.62 | 162.58 | |
Total Assets | 238.75 | 221.12 | 227.08 | 150.89 | 251.77 | 294.16 | 267.25 | 248.41 | 246.26 | 250.83 | 254.47 | 261.29 | 265.95 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
57.59 | 11.94 | 25.77 | 5.75 | 4.05 | 0.47 | 3.18 | -6.33 | -0.86 | 0.30 | 2.51 | -1.57 | |
-51.14 | 6.08 | -25.79 | 74.75 | -47.81 | -4.42 | -0.66 | 9.87 | 2.04 | -2.69 | 0.68 | -1.73 | |
-6.17 | -16.72 | -1.13 | -80.94 | 45.55 | 2.99 | -3.41 | -3.93 | -1.26 | 2.41 | -1.15 | 2.03 | |
Net Cash Flow | 0.28 | 1.30 | -1.15 | -0.45 | 1.79 | -0.96 | -0.89 | -0.40 | -0.09 | 0.02 | 2.03 | -1.27 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 110.38 | 190.96 | 115.82 | 149.97 | 90.29 | 157.23 | 333.70 | 962.02 | 1,189.55 | 1,149.25 | 1,066.23 | 1,137.42 |
Inventory Days | 419.66 | 375.43 | ||||||||||
Days Payable | 1,622.22 | 6,648.21 | ||||||||||
Cash Conversion Cycle | 110.38 | 190.96 | -1,086.74 | 149.97 | 90.29 | 157.23 | 333.70 | 962.02 | -5,083.23 | 1,149.25 | 1,066.23 | 1,137.42 |
Working Capital Days | 36.14 | 102.67 | 3.89 | 103.87 | -74.05 | 18.56 | 540.65 | 957.92 | 1,068.90 | 1,089.22 | 1,763.79 | 1,768.91 |
ROCE % | 9.45% | 3.94% | 3.53% | 5.17% | 2.42% | 1.34% | 2.36% | -3.74% | -0.33% | 1.09% | 3.05% | 1.64% |
Documents
Announcements
Annual reports
-
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 nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
Business Overview:[1][2]
Company deals in Power Generation, infrastructure development such as construction of bridges, hydro projects including operation and maintenance thereof, supply of materials etc. and Consultancy & Services. It generates clean, green electricity from water and wind in its own power plants and also develops energy and various infrastructure projects for other developers