Ravindra Energy Ltd
Incorporated in 1980, Ravindra Energy Ltd is in the business of selling Solar Pumps, setting up Solar Generation Power Plant (Ground Mount & Rooftop) & generation and sale of Power[1]
- Market Cap ₹ 2,579 Cr.
- Current Price ₹ 145
- High / Low ₹ 192 / 93.1
- Stock P/E 40.8
- Book Value ₹ 19.6
- Dividend Yield 0.00 %
- ROCE 11.6 %
- ROE 11.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 7.39 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has a low return on equity of 7.88% over last 3 years.
- Debtor days have increased from 70.4 to 86.5 days.
- Promoter holding has decreased over last 3 years: -10.2%
- Working capital days have increased from 96.1 days to 213 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
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 101 | 77 | 122 | 54 | 47 | 163 | 353 | 114 | 73 | 59 | 61 | 188 | 328 | |
| 104 | 81 | 123 | 49 | 44 | 160 | 330 | 117 | 262 | 57 | 51 | 164 | 279 | |
| Operating Profit | -3 | -4 | -1 | 5 | 3 | 3 | 23 | -3 | -189 | 2 | 10 | 24 | 50 |
| OPM % | -3% | -5% | -1% | 9% | 7% | 2% | 7% | -2% | -259% | 3% | 16% | 13% | 15% |
| 4 | 4 | 5 | 6 | 5 | 21 | -2 | 8 | 12 | 5 | 4 | 4 | -5 | |
| Interest | 0 | 0 | 0 | 1 | 2 | 13 | 20 | 15 | 4 | 1 | 2 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | 0 | 1 | 4 | 9 | 6 | 10 | 1 | -10 | -181 | 4 | 11 | 25 | 41 |
| Tax % | 27% | 33% | 33% | 33% | 30% | 30% | 25% | 1% | 0% | -4% | -1% | -0% | |
| 0 | 0 | 2 | 6 | 4 | 7 | 1 | -10 | -181 | 4 | 11 | 25 | 43 | |
| EPS in Rs | 0.03 | 0.20 | 0.52 | 0.32 | 0.57 | 0.05 | -0.83 | -13.49 | 0.31 | 0.70 | 1.38 | 2.43 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | -12% |
| 3 Years: | 37% |
| TTM: | 799% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 55% |
| 5 Years: | 0% |
| 3 Years: | 29% |
| TTM: | 954% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 44% |
| 3 Years: | 33% |
| 1 Year: | 8% |
| Return on Equity | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | -12% |
| 3 Years: | 8% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 114 | 114 | 118 | 118 | 118 | 120 | 120 | 120 | 134 | 138 | 154 | 179 |
| Reserves | 90 | 90 | 92 | 98 | 90 | 105 | 106 | 268 | 80 | -8 | -7 | 172 |
| 0 | 0 | 5 | 7 | 9 | 180 | 206 | 15 | 12 | 5 | 19 | 6 | |
| 133 | 134 | 156 | 219 | 231 | 141 | 72 | 36 | 7 | 32 | 7 | 31 | |
| Total Liabilities | 336 | 339 | 371 | 442 | 448 | 546 | 504 | 439 | 233 | 166 | 174 | 388 |
| 4 | 4 | 12 | 16 | 16 | 16 | 17 | 17 | 7 | 12 | 11 | 14 | |
| CWIP | 7 | 8 | 0 | 0 | 2 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Investments | 151 | 151 | 150 | 182 | 207 | 224 | 224 | 230 | 88 | 109 | 102 | 188 |
| 175 | 176 | 209 | 244 | 223 | 306 | 262 | 191 | 138 | 45 | 62 | 186 | |
| Total Assets | 336 | 339 | 371 | 442 | 448 | 546 | 504 | 439 | 233 | 166 | 174 | 388 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -7 | -0 | 1 | 40 | 38 | -165 | -11 | 29 | -28 | 45 | -26 | -24 | |
| 3 | -1 | 0 | -30 | -39 | -5 | 10 | -2 | 23 | 5 | 4 | -117 | |
| 4 | 1 | 3 | -1 | -2 | 168 | 6 | -34 | 1 | -39 | 21 | 162 | |
| Net Cash Flow | -1 | -0 | 4 | 10 | -3 | -2 | 5 | -8 | -3 | 11 | -0 | 22 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 3 | 7 | 142 | 38 | 127 | 70 | 175 | 146 | 66 | 59 | 87 |
| Inventory Days | 0 | 4 | 2 | 30 | 168 | 12 | 12 | 12 | 7 | 18 | 33 | 12 |
| Days Payable | 14 | 257 | 51 | 100 | 19 | 72 | 61 | 24 | 155 | 35 | 23 | |
| Cash Conversion Cycle | 0 | -8 | -247 | 120 | 105 | 120 | 9 | 126 | 129 | -71 | 56 | 76 |
| Working Capital Days | 137 | 178 | 114 | 14 | -217 | -56 | -33 | 440 | 576 | -35 | 110 | 213 |
| ROCE % | 0% | 0% | 2% | 5% | 4% | 7% | 12% | 1% | -55% | 3% | 8% | 12% |
Documents
Announcements
- Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011 4 Oct
-
Selection Of Solar Power Developer (SPD) For Solar Photovoltaic Power Generating Stations Of An Aggregate Capacity Of 120 MW(AC) Under 'Mukhyamantri Saur Krushi Vahini Yojana 2.0
3 Oct - LOAs to develop 120 MW (AC) across 23 substations; 25-year PPA with MSEDCL.
-
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
3 Oct - Gift of 2,50,000 shares (0.14%) from Mrs. Supriya Rojekar to Miss Aryaa Rojekar; promoter holding 30.12%.
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 3 Oct
-
Submission Of Voting Results Of The 45Th Annual General Meeting
30 Sep - AGM 27 Sep 2025: all 11 resolutions passed, including QIP approval, authorised capital increase, director appointments.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
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 bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Concalls
-
Sep 2025TranscriptNotesPPT
Accreditation:[1]
The company is accredited by the Ministry of New and Renewable Energy as an Empanelled Supplier of Solar Water Pumps and a Roof Channel Partner. These accreditations enable the company to offer the full range of subsidies available for solar systems, with all products designed to comply with the ministry's standards.