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 ₹ 2,289 Cr.
- Current Price ₹ 128
- High / Low ₹ 192 / 113
- Stock P/E 23.8
- Book Value ₹ 24.9
- Dividend Yield 0.00 %
- ROCE 24.2 %
- ROE 24.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 63.4% CAGR over last 5 years
- Company's working capital requirements have reduced from 139 days to 93.9 days
Cons
- Stock is trading at 5.15 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -1.11%
- Tax rate seems low
* 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 Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 77 | 122 | 54 | 47 | 163 | 353 | 114 | 73 | 28 | 61 | 188 | 444 | |
| 81 | 123 | 49 | 44 | 160 | 330 | 117 | 262 | 57 | 51 | 164 | 368 | |
| Operating Profit | -4 | -1 | 5 | 3 | 3 | 23 | -3 | -189 | -29 | 10 | 24 | 77 |
| OPM % | -5% | -1% | 9% | 7% | 2% | 7% | -2% | -259% | -102% | 16% | 13% | 17% |
| 4 | 5 | 6 | 5 | 21 | -2 | 8 | 12 | 36 | 4 | 4 | 19 | |
| Interest | 0 | 0 | 1 | 2 | 13 | 20 | 15 | 4 | 1 | 2 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 |
| Profit before tax | 1 | 4 | 9 | 6 | 10 | 1 | -10 | -181 | 4 | 11 | 25 | 91 |
| Tax % | 33% | 33% | 33% | 30% | 30% | 25% | 1% | 0% | -4% | -1% | -0% | -0% |
| 0 | 2 | 6 | 4 | 7 | 1 | -10 | -181 | 4 | 11 | 25 | 91 | |
| 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 | 5.12 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 31% |
| 3 Years: | 151% |
| TTM: | 136% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 45% |
| 5 Years: | 63% |
| 3 Years: | 183% |
| TTM: | 231% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 30% |
| 3 Years: | 38% |
| 1 Year: | -16% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | -3% |
| 3 Years: | 17% |
| Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 114 | 118 | 118 | 118 | 120 | 120 | 120 | 134 | 138 | 154 | 179 | 179 |
| Reserves | 90 | 92 | 98 | 90 | 105 | 106 | 268 | 80 | 53 | -7 | 172 | 265 |
| 0 | 5 | 7 | 9 | 180 | 206 | 15 | 12 | 5 | 19 | 6 | 3 | |
| 134 | 156 | 219 | 231 | 141 | 72 | 36 | 7 | 32 | 7 | 31 | 84 | |
| Total Liabilities | 339 | 371 | 442 | 448 | 546 | 504 | 439 | 233 | 227 | 174 | 388 | 530 |
| 4 | 12 | 16 | 16 | 16 | 17 | 17 | 7 | 12 | 11 | 14 | 17 | |
| CWIP | 8 | 0 | 0 | 2 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 4 |
| Investments | 151 | 150 | 182 | 207 | 224 | 224 | 230 | 88 | 109 | 102 | 188 | 277 |
| 176 | 209 | 244 | 223 | 306 | 262 | 191 | 138 | 106 | 62 | 186 | 233 | |
| Total Assets | 339 | 371 | 442 | 448 | 546 | 504 | 439 | 233 | 227 | 174 | 388 | 530 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0 | 1 | 40 | 38 | -165 | -11 | 29 | -28 | 45 | -26 | -24 | 148 | |
| -1 | 0 | -30 | -39 | -5 | 10 | -2 | 23 | 5 | 4 | -117 | -143 | |
| 1 | 3 | -1 | -2 | 168 | 6 | -34 | 1 | -39 | 21 | 162 | -1 | |
| Net Cash Flow | -0 | 4 | 10 | -3 | -2 | 5 | -8 | -3 | 11 | -0 | 22 | 3 |
| Free Cash Flow | -1 | 0 | 36 | 36 | -165 | -13 | 28 | -21 | 38 | -26 | -29 | 141 |
| CFO/OP | -7% | -224% | 920% | 1,202% | -5,420% | -40% | -1,002% | 14% | -158% | -280% | -83% | 202% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 3 | 7 | 142 | 38 | 127 | 70 | 175 | 146 | 137 | 59 | 87 | 13 |
| Inventory Days | 4 | 2 | 30 | 168 | 12 | 12 | 12 | 7 | 18 | 33 | 12 | 19 |
| Days Payable | 14 | 257 | 51 | 100 | 19 | 72 | 61 | 24 | 155 | 35 | 23 | 10 |
| Cash Conversion Cycle | -8 | -247 | 120 | 105 | 120 | 9 | 126 | 129 | -0 | 56 | 76 | 22 |
| Working Capital Days | 178 | 114 | 14 | -217 | -56 | -33 | 440 | 576 | 716 | 110 | 213 | 94 |
| ROCE % | 0% | 2% | 5% | 4% | 7% | 12% | 1% | -55% | 2% | 7% | 12% | 24% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operational Solar Capacity MWp |
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| Revenue from Sugar Trading (Segment Metric) INR Mn |
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| Coal Trading Revenue (Segment Metric) INR Mn |
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| Revenue from Sale of Electricity (Operational Metric) INR Mn |
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| Battery Swaps Completed Counts |
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| Electric Tractor Order Book Units |
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| Electric Tractors Sold Units |
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| Operational Battery Swapping Stations Units |
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Extracted by Screener AI
Documents
Announcements
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Submission Of Letter Of Offer
2d - Submitted letter of offer for 19,832,834 shares rights issue at ₹101; record date June 8, 2026.
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Disclosure Under Regulation 7(3) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015.
2d - June 3, 2026 Regulation 7(3) disclosure received from connected person Mr. Shailesh Rojekar.
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Disclosures Under SEBI (Prohibition Of Insider Trading) Regulations, 2015
2d - KIPL revoked pledge on 55,00,000 promoter shares on June 3, 2026 after repaying borrowings.
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 2d
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011
2 Jun - Promoter Khandepar Investments sold 41,61,822 shares in market; holding fell to 29.22% on June 1, 2026.
Annual reports
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Financial Year 2025
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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
from bse
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.