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 ₹ 2,510 Cr.
- Current Price ₹ 141
- High / Low ₹ 167 / 70.1
- Stock P/E 39.7
- Book Value ₹ 19.6
- Dividend Yield 0.00 %
- ROCE 12.4 %
- ROE 12.5 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 7.16 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 8.24% 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: | 56% |
| 5 Years: | 2% |
| 3 Years: | 30% |
| TTM: | 954% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 37% |
| 3 Years: | 35% |
| 1 Year: | 102% |
| 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 | 3 | |
| 133 | 134 | 156 | 219 | 231 | 141 | 72 | 36 | 7 | 32 | 7 | 34 | |
| 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
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Board Meeting Outcome for Outcome Of The Board Meeting Held On August 29, 2025
1d - Board approved fundraising up to Rs.500 Crore, authorised capital increase to Rs.240 Crore; EIM proposes Rs.1,000 Crore Pune EV project.
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Closure of Trading Window
26 Aug - Trading window closed Aug 26–Sep 3, 2025 for board meeting Aug 29, 2025.
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Board Meeting Intimation for Proposal For Funds Raising By Way Qualified Institutional Placement (QIP) Or Any Other Methods, Alteration Of Memorandum Of Association (MOA) For Revision/Re-Classification Of Authorized Share Capital And AGM Related Matters
25 Aug - Board meeting Aug 29, 2025 to consider QIP, authorized capital alteration; trading window closed Aug 26–Sep 2.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Aug - Submission of news paper publication of financial results for quarter ended June 30 2025
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Submission Of Disclosure Under Regulation 30 Of SEBI LODR Regulation For Appointment Of Secretarial Auditor
6 Aug - Appointment of Sanjay Dholakia & Associates as secretarial auditor for FY 2025-26 to 2029-30, subject to AGM approval.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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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.