Sungarner Energies Ltd
Incorporated in 2015, SEL as Design Engineering Company. It has Interest in Power, Energy and Electrical Industry and has diversified into Power Electronics and BESS Manufacturing. Through its Subsidiaries, SEL has forayed into Energy by Developing Solar Assets as an IPP having MW Portfolio. The company has diversified into retail as well through its Brand Seltrik, through channel partners and Market Place[1]
- Market Cap ₹ 84.6 Cr.
- Current Price ₹ 365
- High / Low ₹ 369 / 115
- Stock P/E 17.8
- Book Value ₹ 67.5
- Dividend Yield 0.00 %
- ROCE 30.9 %
- ROE 35.8 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 23.9%
- Debtor days have improved from 126 to 36.9 days.
- Company's working capital requirements have reduced from 127 days to 71.0 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 4.36 | 5.31 | 7.94 | 17.32 | 17.49 | 27.84 | 71.84 | |
| 4.14 | 4.92 | 6.98 | 16.07 | 15.56 | 24.54 | 64.14 | |
| Operating Profit | 0.22 | 0.39 | 0.96 | 1.25 | 1.93 | 3.30 | 7.70 |
| OPM % | 5.05% | 7.34% | 12.09% | 7.22% | 11.03% | 11.85% | 10.72% |
| 0.00 | 0.00 | 0.04 | 0.34 | 0.16 | 0.12 | 0.81 | |
| Interest | 0.11 | 0.10 | 0.16 | 0.27 | 0.42 | 1.32 | 1.91 |
| Depreciation | 0.07 | 0.06 | 0.07 | 0.11 | 0.14 | 0.22 | 0.28 |
| Profit before tax | 0.04 | 0.23 | 0.77 | 1.21 | 1.53 | 1.88 | 6.32 |
| Tax % | 50.00% | 30.43% | 25.97% | 38.84% | 32.03% | 28.19% | 24.84% |
| 0.03 | 0.16 | 0.58 | 0.74 | 1.04 | 1.34 | 4.75 | |
| EPS in Rs | 0.65 | 3.44 | 12.47 | 4.41 | 4.49 | 5.78 | 20.48 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 68% |
| 3 Years: | 61% |
| TTM: | 158% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 97% |
| 3 Years: | 86% |
| TTM: | 254% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| 1 Year: | 35% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 24% |
| Last Year: | 36% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.47 | 0.47 | 0.47 | 1.68 | 2.32 | 2.32 | 2.32 |
| Reserves | 0.36 | 0.52 | 1.10 | 1.52 | 7.23 | 8.58 | 13.33 |
| 0.88 | 1.04 | 2.27 | 4.24 | 5.70 | 14.39 | 12.29 | |
| 0.89 | 1.16 | 1.52 | 2.71 | 3.19 | 10.66 | 32.74 | |
| Total Liabilities | 2.60 | 3.19 | 5.36 | 10.15 | 18.44 | 35.95 | 60.68 |
| 1.26 | 1.33 | 1.66 | 1.90 | 2.36 | 3.75 | 3.56 | |
| CWIP | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.20 | 0.21 |
| 1.34 | 1.86 | 3.69 | 8.25 | 15.98 | 32.00 | 56.91 | |
| Total Assets | 2.60 | 3.19 | 5.36 | 10.15 | 18.44 | 35.95 | 60.68 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 0.14 | 0.11 | -0.69 | -2.22 | -5.56 | -1.89 | 16.35 | |
| -0.03 | -0.12 | -0.41 | -0.35 | -0.69 | -5.53 | -12.47 | |
| -0.16 | 0.06 | 1.09 | 2.61 | 6.37 | 7.39 | -3.95 | |
| Net Cash Flow | -0.06 | 0.05 | -0.01 | 0.04 | 0.12 | -0.03 | -0.07 |
| Free Cash Flow | 0.11 | -0.01 | -1.10 | -2.57 | -6.15 | -3.50 | 16.25 |
| CFO/OP | 68% | 44% | -49% | -157% | -277% | -38% | 228% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 71.16 | 63.24 | 59.30 | 58.59 | 162.57 | 177.65 | 36.94 |
| Inventory Days | 45.02 | 88.22 | 204.95 | 155.51 | 205.89 | 255.28 | 112.24 |
| Days Payable | 85.22 | 90.42 | 91.74 | 51.48 | 57.51 | 128.76 | 70.22 |
| Cash Conversion Cycle | 30.96 | 61.03 | 172.51 | 162.62 | 310.95 | 304.17 | 78.95 |
| Working Capital Days | -25.11 | -6.87 | 27.58 | 37.72 | 157.35 | 153.26 | 70.98 |
| ROCE % | 17.65% | 31.69% | 26.24% | 17.19% | 15.79% | 30.92% |
Insights
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Extracted by Screener AI
Documents
Announcements
-
Copy of Newspaper Publication
- Published notice of 11th AGM and e-voting details; annual report dispatched on 31 August 2026.
-
Updates
- Book closure from 16-23 September 2026 for 11th AGM; remote e-voting from 20-22 September 2026.
-
Shareholders meeting
- 11th AGM on 23 Sep 2026; shareholders to approve borrowing, investments and remuneration limits.
-
Change in Auditors
- Board approved higher borrowing and investment limits, remuneration cap, AGM on 23 September 2026, and internal auditor appointment.
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Outcome of Board Meeting
- Board approved higher borrowing and investment limits, remuneration cap, AGM on 23 Sept 2026, and internal auditor appointment.
Business Overview:[1]
SGL is an ISO 90001:2008 certified
sustainable integrated energy company
in India. It manufactures a wide range of
power solutions such as Solar Inverter,
Lithium Batteries and Solar Turnkey
Solutions (Ground Mounted & Roof
Mounted).
SEL is also into Energy Business through
its Subsidiary SunGarner Green Assets
Pvt Limited, where SEL is developing
assets for under Annuity Model. It has
Seltrik as a retail Brand for residential
and Commercial applications