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 ₹ 3,534 Cr.
- Current Price ₹ 178
- High / Low ₹ 188 / 111
- Stock P/E 36.7
- Book Value ₹ 22.4
- 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 7.92 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 | 0.18 | 0.47 | 0.29 | 0.51 | 0.05 | -0.75 | -12.15 | 0.28 | 0.63 | 1.24 | 4.60 |
| 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: | 21% |
| 5 Years: | 22% |
| 3 Years: | 55% |
| 1 Year: | 38% |
| 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 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Renewable Energy Operational Capacity MWp |
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| E-Tractor Units Delivered (Cumulative) units |
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| EIM Battery Swaps (Cumulative) number |
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| Operational Battery Swap Stations (Cumulative) number |
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| Solar Power Generation million kWh |
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Extracted by Screener AI
Documents
Announcements
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Company Has informed Regarding ''Disclosure Under Regulation 7(2) & 7(3) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015''.
1 Jul - Promoters and related persons subscribed to rights issue shares at Rs101, raising holdings on June 30, 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Jul - Copies of the newspaper advertisement as per Regulation 92 (1) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
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Announcement under Regulation 30 (LODR)-Acquisition
1 Jul - Ravindra Energy subscribed to EIM rights issue for about ₹150 crore, raising stake to 49.54%.
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Intimation On Completion Of Rights Issue Process By Ravindra Energy Limited
30 Jun - Ravindra Energy completed rights issue; 1,98,54,940 shares listed, trading starts July 1, 2026.
- Closure of Trading Window 28 Jun
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
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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.