Ujaas Energy Ltd
Incorporated in 1999, Ujaas Energy Ltd is engaged in generation of solar power and manufacturing, sales and services of solar power plants/projects and manufacturing and sales of Electric Vehicle
- Market Cap ₹ 45.1 Cr.
- Current Price ₹ 2.25
- High / Low ₹ 2.86 / 1.67
- Stock P/E 1.88
- Book Value ₹ 1.91
- Dividend Yield 0.00 %
- ROCE -1.55 %
- ROE -29.5 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 1.18 times its book value
- Company's working capital requirements have reduced from 529 days to 69.3 days
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -37.9% over past five years.
- Promoter holding is low: 0.01%
- Company has a low return on equity of -18.6% over last 3 years.
- Earnings include an other income of Rs.20.6 Cr.
- Company has high debtors of 1,001 days.
* 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
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
34 | 243 | 526 | 111 | 277 | 486 | 334 | 156 | 51 | 35 | 45 | 31 | 29 | |
34 | 197 | 432 | 68 | 213 | 415 | 293 | 136 | 59 | 55 | 47 | 27 | 28 | |
Operating Profit | 0 | 46 | 93 | 43 | 64 | 71 | 41 | 20 | -8 | -20 | -2 | 4 | 1 |
OPM % | 1% | 19% | 18% | 39% | 23% | 15% | 12% | 13% | -16% | -58% | -5% | 11% | 3% |
3 | 5 | 8 | 2 | 2 | 4 | 3 | 6 | 4 | 2 | -86 | 1 | 21 | |
Interest | 1 | 5 | 11 | 19 | 17 | 20 | 17 | 17 | 14 | 16 | 14 | 16 | 14 |
Depreciation | 0 | 2 | 5 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 7 | 7 | 7 |
Profit before tax | 2 | 44 | 85 | 18 | 41 | 48 | 19 | 1 | -26 | -42 | -110 | -19 | -0 |
Tax % | 54% | 38% | 56% | 36% | 50% | 25% | 8% | -461% | 49% | 28% | 0% | 7% | |
1 | 27 | 37 | 12 | 21 | 36 | 17 | 7 | -13 | -30 | -110 | -17 | 30 | |
EPS in Rs | 0.05 | 1.35 | 1.87 | 0.59 | 1.04 | 1.80 | 0.85 | 0.33 | -0.67 | -1.52 | -5.48 | -0.87 | 1.52 |
Dividend Payout % | 0% | 11% | 11% | 9% | 7% | 3% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -19% |
5 Years: | -38% |
3 Years: | -15% |
TTM: | -14% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -11% |
TTM: | 160% |
Stock Price CAGR | |
---|---|
10 Years: | -16% |
5 Years: | -19% |
3 Years: | -4% |
1 Year: | 29% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | -9% |
3 Years: | -19% |
Last Year: | -29% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
Reserves | 87 | 110 | 143 | 153 | 172 | 179 | 195 | 202 | 188 | 158 | 48 | 31 | 18 |
29 | 26 | 132 | 110 | 104 | 117 | 138 | 141 | 96 | 111 | 105 | 106 | 110 | |
8 | 102 | 202 | 80 | 196 | 213 | 197 | 71 | 44 | 27 | 134 | 148 | 151 | |
Total Liabilities | 143 | 258 | 497 | 363 | 492 | 529 | 551 | 433 | 348 | 316 | 307 | 304 | 299 |
40 | 40 | 191 | 183 | 176 | 180 | 174 | 165 | 156 | 149 | 141 | 134 | 130 | |
CWIP | 0 | 12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 1 | 2 | 26 | 29 | 3 | 3 | 0 | 0 | 0 | 0 | 0 |
104 | 206 | 305 | 178 | 289 | 320 | 374 | 266 | 192 | 167 | 166 | 170 | 169 | |
Total Assets | 143 | 258 | 497 | 363 | 492 | 529 | 551 | 433 | 348 | 316 | 307 | 304 | 299 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-67 | -15 | 40 | -7 | 104 | -16 | -34 | -17 | 43 | 1 | 7 | -0 | |
-31 | 4 | -131 | 35 | -77 | 22 | 22 | 25 | 15 | -1 | -1 | -4 | |
110 | 37 | 93 | -44 | -25 | -5 | 3 | -14 | -55 | -1 | -1 | -1 | |
Net Cash Flow | 12 | 25 | 2 | -16 | 2 | 1 | -9 | -6 | 2 | -2 | 5 | -5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 160 | 131 | 123 | 271 | 154 | 143 | 201 | 360 | 716 | 930 | 643 | 1,001 |
Inventory Days | 129 | 50 | 37 | 474 | 154 | 44 | 141 | 175 | 684 | 420 | 560 | 1,029 |
Days Payable | 53 | 157 | 125 | 256 | 235 | 127 | 183 | 74 | 122 | 58 | 67 | 127 |
Cash Conversion Cycle | 236 | 24 | 35 | 489 | 73 | 59 | 159 | 461 | 1,277 | 1,292 | 1,137 | 1,902 |
Working Capital Days | 332 | 52 | 42 | 356 | 80 | 69 | 174 | 470 | 1,056 | 1,382 | 134 | 69 |
ROCE % | 4% | 34% | 43% | 13% | 20% | 22% | 11% | 5% | -4% | -9% | -3% | -2% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Feb - Newspaper publication of unaudited financial results for the quarter ended on 31.12.2023.
- Board Meeting Outcome for Outcome Of Board Meeting Held On 12.02.2024. 12 Feb
- Outcome Of Board Meeting Held On 12.02.2024. 12 Feb
- Board Meeting Intimation for Notice Of Meeting Of Board Of The Company. 3 Feb
- Board Meeting Outcome for Outcome Of Board Meeting Held On 23.01.2024. 23 Jan
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from nse
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Financial Year 2012
from bse
Concalls
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May 2018TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
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Sep 2017TranscriptNotesPPT
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Aug 2017TranscriptNotesPPT
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Jun 2017TranscriptNotesPPT
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Mar 2017TranscriptNotesPPT
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Feb 2017TranscriptNotesPPT
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Nov 2016TranscriptNotesPPT
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Aug 2016TranscriptNotesPPT
Business Overview:[1][2]
Company develops, operates, owns and maintains solar energy power plants under its flagship brand "UJAAS". Company is engaged in the sale of solar power and setting up solar projects across 3 segments:
a) Engineering procurement and construction
b) Solar park
c) Rooftop
It also provides operations and maintenance services for these assets. Company has an installed capacity of ~14 megawatt (MW) of solar power and has set up 235 MW+ of solar power plants. UEL has also recently ventured into the electric two-wheeler industry by launching E-Spa