Virescent Renewable Energy Trust
- Market Cap ₹ 2,299 Cr.
- Current Price ₹ 114
- High / Low ₹ /
- Stock P/E 12.8
- Book Value ₹ 79.7
- Dividend Yield %
- ROCE 9.68 %
- ROE 10.8 %
- Face Value ₹
Pros
- Company's working capital requirements have reduced from 42.4 days to 30.9 days
Cons
- Tax rate seems low
* 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: Infrastructure Investment Trusts Industry: Power Generation And Supply
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|
| 135 | 328 | 329 | |
| 27 | 10 | 10 | |
| Operating Profit | 107 | 318 | 319 |
| OPM % | 80% | 97% | 97% |
| 2 | 6 | 7 | |
| Interest | 35 | 139 | 142 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | 74 | 185 | 184 |
| Tax % | 0% | 2% | |
| 74 | 182 | 179 | |
| EPS in Rs | 3.69 | 9.04 | 8.93 |
| Dividend Payout % | 424% | 31% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 51% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 45% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 6% |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | |
|---|---|---|
| Equity Capital | 2,010 | 2,010 |
| Reserves | -240 | -408 |
| 1,609 | 1,726 | |
| 5 | 7 | |
| Total Liabilities | 3,383 | 3,335 |
| 0 | 0 | |
| CWIP | 0 | 0 |
| Investments | 982 | 984 |
| 2,402 | 2,351 | |
| Total Assets | 3,383 | 3,335 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | |
|---|---|---|
| -2,187 | 372 | |
| -982 | -2 | |
| 3,304 | -372 | |
| Net Cash Flow | 136 | -2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | |
|---|---|---|
| Debtor Days | 0 | 0 |
| Inventory Days | ||
| Days Payable | ||
| Cash Conversion Cycle | 0 | 0 |
| Working Capital Days | 54 | 31 |
| ROCE % | 10% |
Documents
Announcements
-
Updates
14 August 2023 - Submission of security cover certificate for quarter ended June 30 2023
-
Outcome of Board Meeting
14 August 2023 - Board approved Q1 results and unitholder‐approved sale to IndiGrid, voluntary delisting and dissolution
-
Shareholders meeting
28 July 2023 - Virescent Renewable Energy Trust held its 2nd Annual Meeting; unitholders adopted FY23 financial statements and valuation report.
-
Updates
21 July 2023 - Submission of SEBI-mandated deviation report: ₹27mn of issue proceeds used for NCD interest and principal repayment
-
Copy of Newspaper Publication
19 July 2023 - Public notice for proposed voluntary delisting of Virescent Renewable Energy Trust units
Annual reports
No data available.