Urja Global Ltd
Incorporated in 1992, Urja Global Ltd. is a leading Renewable Energy developer and operator. The Co. is engaged in the installation, commissioning & maintenance of off-grid and grid-connected Solar Power Plants and decentralized Solar Applications and trading of solar products & Lead Acid Batteries. It is an approved Channel Partner of the Ministry of New and Renewable Energy (MNRE), Govt. of India [1]
- Market Cap ₹ 993 Cr.
- Current Price ₹ 18.9
- High / Low ₹ 41.8 / 6.30
- Stock P/E 402
- Book Value ₹ 3.30
- Dividend Yield 0.00 %
- ROCE 1.55 %
- ROE 0.89 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Debtor days have improved from 166 to 94.9 days.
Cons
- Stock is trading at 5.73 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -2.24%
- The company has delivered a poor sales growth of -21.6% over past five years.
- Promoter holding is low: 20.3%
- Company has a low return on equity of 0.81% over last 3 years.
- Earnings include an other income of Rs.1.56 Cr.
- Working capital days have increased from -88.6 days to 206 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.
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
114.38 | 120.80 | 127.92 | 128.32 | 133.25 | 136.38 | 163.56 | 148.46 | 72.97 | 39.58 | 42.39 | |
113.11 | 120.27 | 125.22 | 126.33 | 133.86 | 136.85 | 162.42 | 148.65 | 72.47 | 38.21 | 40.20 | |
Operating Profit | 1.27 | 0.53 | 2.70 | 1.99 | -0.61 | -0.47 | 1.14 | -0.19 | 0.50 | 1.37 | 2.19 |
OPM % | 1.11% | 0.44% | 2.11% | 1.55% | -0.46% | -0.34% | 0.70% | -0.13% | 0.69% | 3.46% | 5.17% |
0.03 | 0.14 | 0.66 | 1.16 | 1.68 | 2.17 | 1.80 | 3.36 | 1.57 | 1.83 | 1.56 | |
Interest | 0.09 | 1.18 | 1.09 | 0.96 | 0.81 | 0.68 | 0.79 | 0.64 | 0.74 | 0.91 | 0.73 |
Depreciation | 0.01 | 0.99 | 0.71 | 0.63 | 0.55 | 0.47 | 0.40 | 0.35 | 0.34 | 0.31 | 0.56 |
Profit before tax | 1.20 | -1.50 | 1.56 | 1.56 | -0.29 | 0.55 | 1.75 | 2.18 | 0.99 | 1.98 | 2.46 |
Tax % | 33.33% | -2.00% | 32.69% | 33.97% | -200.00% | 100.00% | 36.00% | 20.18% | 22.22% | 22.73% | |
0.84 | -1.51 | 1.06 | 1.04 | -0.87 | 0.01 | 1.12 | 1.73 | 0.77 | 1.53 | 2.47 | |
EPS in Rs | 0.02 | -0.02 | 0.02 | 0.02 | -0.02 | 0.00 | 0.02 | 0.03 | 0.01 | 0.03 | 0.05 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -22% |
3 Years: | -38% |
TTM: | -40% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 30% |
3 Years: | 11% |
TTM: | 17% |
Stock Price CAGR | |
---|---|
10 Years: | 32% |
5 Years: | 48% |
3 Years: | 43% |
1 Year: | 202% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 1% |
3 Years: | 1% |
Last Year: | 1% |
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 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 50.72 | 50.72 | 50.72 | 50.72 | 50.72 | 50.72 | 50.72 | 51.97 | 53.39 | 53.39 | 53.39 |
Reserves | 103.01 | 101.64 | 102.70 | 103.79 | 102.92 | 102.93 | 104.05 | 110.79 | 117.03 | 118.55 | 119.97 |
1.37 | 9.76 | 7.67 | 6.80 | 5.95 | 5.83 | 5.67 | 4.90 | 5.88 | 6.62 | 5.65 | |
11.88 | 28.49 | 19.36 | 48.90 | 140.04 | 197.91 | 325.75 | 361.66 | 388.49 | 106.73 | 109.14 | |
Total Liabilities | 166.98 | 190.61 | 180.45 | 210.21 | 299.63 | 357.39 | 486.19 | 529.32 | 564.79 | 285.29 | 288.15 |
123.24 | 137.84 | 138.54 | 49.77 | 49.22 | 137.54 | 137.25 | 138.07 | 137.89 | 138.76 | 138.73 | |
CWIP | 0.00 | 0.00 | 0.00 | 88.40 | 88.40 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.65 | 0.75 | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 | 0.70 |
43.74 | 52.12 | 41.16 | 71.39 | 161.36 | 219.20 | 348.29 | 390.60 | 426.25 | 145.88 | 148.72 | |
Total Assets | 166.98 | 190.61 | 180.45 | 210.21 | 299.63 | 357.39 | 486.19 | 529.32 | 564.79 | 285.29 | 288.15 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.03 | 13.19 | -2.15 | 8.27 | -8.92 | -1.21 | -0.64 | -7.16 | -8.30 | 0.92 | |
0.02 | -12.22 | 3.78 | 0.43 | 1.62 | 1.77 | 1.71 | 1.66 | -0.78 | 0.65 | |
0.00 | -1.36 | -1.68 | -0.59 | -0.81 | -0.68 | -0.79 | 5.50 | 8.75 | -1.10 | |
Net Cash Flow | 0.05 | -0.39 | -0.06 | 8.11 | -8.11 | -0.11 | 0.28 | 0.00 | -0.34 | 0.47 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 21.09 | 38.16 | 53.70 | 108.06 | 362.43 | 502.27 | 696.84 | 107.42 | 295.22 | 94.89 |
Inventory Days | 31.89 | 13.11 | 16.88 | 22.17 | 19.89 | 73.95 | 220.83 | |||
Days Payable | 104.20 | 352.84 | 499.45 | 701.42 | 861.48 | 188.11 | 94.09 | |||
Cash Conversion Cycle | 21.09 | 38.16 | 53.70 | 35.75 | 22.70 | 19.70 | 17.59 | -734.17 | 181.05 | 221.63 |
Working Capital Days | 20.65 | 8.25 | 57.35 | 66.50 | 81.66 | 81.36 | 70.03 | -690.49 | 218.69 | 206.02 |
ROCE % | -0.19% | 1.55% | 1.48% | 0.31% | 0.73% | 1.50% | 1.63% | 0.95% | 1.55% |
Documents
Announcements
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Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015
20 Mar - ANNOUNCEMENT UNDER REGULATION 30 OF SEBI( LISTING OBLIGATION AND DISCLOSURE REQUIREMENT) 2015.
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Announcement under Regulation 30 (LODR)-Change in Management
9 Feb - Of Resignation of Secretarial auditor of the Company-Disclosure under Regulation 30 the SEBI(LODR) Regulations,2015.
- Statement On Deviation Or Variation In The Utilization Of Funds Raised Through Rights Issue 31 Jan
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Announcement under Regulation 30 (LODR)-Newspaper Publication
31 Jan - PUBLICATION OF UN-AUDITED (STANDALONE AND CONSOLIDATED ) FINANCIAL RESULT FOR THE QUARTER ENDED 231ST DECEMBER,2023 IN NEWSPAPER PUBLICATION TO REGULATION 47 OF SEBI(LODR)
- REPLY TO THE CLARIFICATION SOUGHT ON PRICE MOVEMENT 30 Jan
Annual reports
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Financial Year 2023
from bse
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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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Financial Year 2010
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Product Portfolio
Company’s product portfolio in the domestic market comprises batteries, Solar batteries, E-rickshaw and E-scooters.
1- Lithium ION batteries, automotive batteries, inverter batteries, solar batteries and e-rickshaw batteries under the brand names ‘Urja’ and I-volt.
2- Solar study lamps, LED lanterns, Solar Panels, Solar Inverter Solar Home lighting.
3- Urja Solar Atta Chakki, Solar Water Pumps, Solar Rooftop and solar system on grid/off grid.
4- E-rickshaws and E scooters. [1]