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 ₹ 2,708 Cr.
- Current Price ₹ 152
- High / Low ₹ 192 / 93.1
- Stock P/E 32.9
- Book Value ₹ 22.1
- Dividend Yield 0.00 %
- ROCE 9.53 %
- ROE 10.8 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 129 to 24.8 days.
Cons
- Stock is trading at 6.90 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 SmallCap 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 | 495 | |
| 535 | 540 | 497 | 616 | 447 | 719 | 693 | 289 | 771 | 239 | 97 | 208 | 395 | |
| Operating Profit | 20 | 15 | -4 | 4 | -30 | -200 | 26 | 15 | -6 | 14 | 34 | 43 | 100 |
| OPM % | 4% | 3% | -1% | 1% | -7% | -39% | 4% | 5% | -1% | 6% | 26% | 17% | 20% |
| 12 | 14 | 12 | 20 | -55 | 39 | 33 | 19 | 65 | 33 | -49 | 6 | 2 | |
| Interest | 24 | 18 | 14 | 23 | 27 | 33 | 43 | 31 | 18 | 14 | 17 | 10 | 17 |
| Depreciation | 2 | 3 | 1 | 1 | 4 | 7 | 7 | 9 | 9 | 11 | 13 | 11 | 17 |
| Profit before tax | 6 | 8 | -8 | 1 | -117 | -202 | 9 | -6 | 32 | 22 | -46 | 27 | 68 |
| 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 | 69 | |
| 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 | 3.84 | |
| 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: | 483% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | -4% |
| 3 Years: | -10% |
| TTM: | 4160% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 39% |
| 3 Years: | 37% |
| 1 Year: | 15% |
| 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% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
4m - On Resignation of Mr. Robert Taylor as an Independent Director of the Company with effect from November 27, 2025
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Announcement under Regulation 30 (LODR)-Change in Management
8m - Independent Director Robert Taylor resigned effective Nov 27, 2025 due to professional commitments and time-zone constraints.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Nov - Submission of Copies of the Newspaper Publication of quarter 2 financials results as published under Regulation 47 of SEBI (LODR) Regulation 2015
-
Ravindra Energy Limited Has informed About General Updates About Renewable Energy Business And Electric Vehicle Business Activities Of The Company
5 Nov - H1 FY26 revenue Rs245.48cr, PAT Rs56.16cr; 187.3MW operating; LOA 120MW; 182MW development.
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Submission Of Statement Of Deviation For Quarter Ended September 30, 2025
5 Nov - Rs180 Cr preferential issue; Rs5.50 Cr reallocated between Renewable and EV; Q2 FY2025-26.
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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Concalls
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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.