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 ₹ 2,397 Cr.
- Current Price ₹ 134
- High / Low ₹ 192 / 93.1
- Stock P/E 25.3
- Book Value ₹ 22.1
- Dividend Yield 0.00 %
- ROCE 9.53 %
- ROE 10.8 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Debtor days have improved from 129 to 24.8 days.
Cons
- Stock is trading at 6.07 times its book value
- The company has delivered a poor sales growth of -19.0% over past five years.
- Company has a low return on equity of 9.78% over last 3 years.
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -10.2%
* 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 Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 555 | 555 | 493 | 621 | 417 | 518 | 719 | 304 | 765 | 253 | 131 | 250 | 569 | |
| 535 | 540 | 497 | 616 | 447 | 719 | 693 | 289 | 771 | 239 | 97 | 208 | 444 | |
| Operating Profit | 20 | 15 | -4 | 4 | -30 | -200 | 26 | 15 | -6 | 14 | 34 | 43 | 125 |
| OPM % | 4% | 3% | -1% | 1% | -7% | -39% | 4% | 5% | -1% | 6% | 26% | 17% | 22% |
| 12 | 14 | 12 | 20 | -55 | 39 | 33 | 19 | 65 | 33 | -49 | 6 | 5 | |
| Interest | 24 | 18 | 14 | 23 | 27 | 33 | 43 | 31 | 18 | 14 | 17 | 10 | 25 |
| Depreciation | 2 | 3 | 1 | 1 | 4 | 7 | 7 | 9 | 9 | 11 | 13 | 11 | 22 |
| Profit before tax | 6 | 8 | -8 | 1 | -117 | -202 | 9 | -6 | 32 | 22 | -46 | 27 | 82 |
| Tax % | 4% | 3% | 16% | 245% | 20% | 6% | 39% | -216% | -16% | 23% | 11% | 15% | |
| 6 | 8 | -9 | -2 | -140 | -213 | 6 | 7 | 37 | 17 | -51 | 22 | 81 | |
| EPS in Rs | 0.64 | -0.73 | -0.15 | -11.44 | -17.83 | 0.48 | 0.45 | 2.43 | 1.13 | -3.34 | 1.21 | 4.54 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -8% |
| 5 Years: | -19% |
| 3 Years: | -31% |
| TTM: | 368% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | -4% |
| 3 Years: | -10% |
| TTM: | 2473% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 31% |
| 3 Years: | 44% |
| 1 Year: | 24% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 10% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 114 | 114 | 118 | 118 | 118 | 120 | 120 | 120 | 134 | 138 | 154 | 179 | 179 |
| Reserves | 129 | 126 | 119 | 74 | -33 | -141 | -133 | 43 | 69 | 55 | -7 | 160 | 215 |
| 299 | 234 | 259 | 255 | 320 | 358 | 373 | 177 | 165 | 117 | 159 | 224 | 386 | |
| 168 | 250 | 316 | 253 | 236 | 228 | 141 | 60 | 85 | 145 | 97 | 88 | 137 | |
| Total Liabilities | 711 | 724 | 812 | 700 | 641 | 564 | 501 | 400 | 453 | 455 | 404 | 651 | 916 |
| 194 | 191 | 196 | 93 | 239 | 176 | 178 | 174 | 190 | 187 | 257 | 318 | 653 | |
| CWIP | 7 | 8 | 0 | 57 | 4 | 1 | 1 | 1 | 3 | 31 | 24 | 129 | 47 |
| Investments | 121 | 121 | 121 | 121 | 59 | 25 | 0 | 0 | 0 | 0 | 0 | 48 | 51 |
| 390 | 404 | 495 | 429 | 339 | 362 | 323 | 225 | 260 | 237 | 123 | 156 | 165 | |
| Total Assets | 711 | 724 | 812 | 700 | 641 | 564 | 501 | 400 | 453 | 455 | 404 | 651 | 916 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 45 | 91 | -47 | 60 | 55 | 16 | -29 | 53 | 19 | 122 | 61 | 71 | |
| -38 | -1 | 9 | 32 | -116 | -70 | 57 | 1 | -23 | -30 | -81 | -159 | |
| 5 | -88 | 16 | -75 | 55 | 66 | -27 | -58 | -13 | -85 | 22 | 147 | |
| Net Cash Flow | 12 | 1 | -22 | 17 | -7 | 12 | 2 | -4 | -17 | 7 | 2 | 59 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 108 | 28 | 220 | 122 | 189 | 192 | 108 | 156 | 66 | 186 | 176 | 25 |
| Inventory Days | 4 | 7 | 1 | 2 | 13 | 4 | 5 | 4 | 1 | 8 | 18 | 10 |
| Days Payable | 9 | 16 | 135 | 17 | 12 | 41 | 55 | 30 | 18 | 139 | 253 | 65 |
| Cash Conversion Cycle | 103 | 18 | 86 | 107 | 190 | 154 | 58 | 130 | 48 | 55 | -59 | -30 |
| Working Capital Days | 37 | -8 | -74 | -64 | -118 | -97 | -55 | 100 | 45 | 105 | -16 | 4 |
| ROCE % | 6% | 5% | 2% | 3% | -6% | -45% | 23% | 7% | 15% | 10% | 11% | 10% |
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 |
|
||||||||||
| Revenue from Sugar Trading (Segment Metric) INR Mn |
|||||||||||
| Coal Trading Revenue (Segment Metric) INR Mn |
|||||||||||
| Revenue from Sale of Electricity (Operational Metric) INR Mn |
|||||||||||
| Battery Swaps Completed Counts |
|||||||||||
| Electric Tractor Order Book Units |
|||||||||||
| Electric Tractors Sold Units |
|||||||||||
| Operational Battery Swapping Stations Units |
|||||||||||
Documents
Announcements
-
The Company Has Provided Corporate Guarantee For Financial Assistance Facility Availed/To Be Availed By 'Energy In Motion Limited' An Associate Entity Of The Company.
13 Mar - REL extended corporate guarantee INR 296 Cr (plus INR 32 Cr hedge) for associate EIM's YES Bank facilities.
-
Intimation Under Regulation 7(2) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015
9 Mar - CEO Shantanu Lath exercised 50,000 ESOPs on March 9, 2026; consideration Rs.50 lakh; 0.03% holding.
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
6 Mar - Of allotment of 70,000 equity shares of face value of Rs 10/- each pursuant to ESOP exercise by circular resolution deemed to be passed on …
-
Announcement under Regulation 30 (LODR)-Investor Presentation
27 Jan - Ravindra Energy Limited has informed about Investor Presentation.
-
Ravindra Energy Limited Has informed About Revised General Updates
25 Jan - Corrected swap-station counts; renewable project updates; YES Bank sanctioned INR 296 Cr credit; EV metrics and timelines.;"checklist":["Read announcement and extract key facts","Identify corrections and material/financial …
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
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.