Virescent Renewable Energy Trust
- Market Cap ₹ 2,299 Cr.
- Current Price ₹ 114
- High / Low ₹ /
- Stock P/E 43.7
- Book Value ₹ 48.1
- Dividend Yield 0.00 %
- ROCE 7.88 %
- ROE 6.43 %
- Face Value ₹ 100
Pros
- Debtor days have improved from 711 to 81.3 days.
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 2.18% over last 3 years.
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|
| 21 | 356 | 522 | 523 | |
| 8 | 103 | 112 | 117 | |
| Operating Profit | 13 | 254 | 410 | 407 |
| OPM % | 63% | 71% | 79% | 78% |
| 0 | 11 | 15 | 18 | |
| Interest | 16 | 158 | 148 | 151 |
| Depreciation | 7 | 137 | 202 | 219 |
| Profit before tax | -10 | -30 | 74 | 55 |
| Tax % | 0% | -23% | 4% | |
| -10 | -23 | 71 | 52 | |
| EPS in Rs | -1.16 | 3.54 | 2.63 | |
| Dividend Payout % | 0% | -1,354% | 78% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 102% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 4% |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 2% |
| Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| Equity Capital | 0.00 | 2,010 | 2,010 |
| Reserves | 12 | -763 | -1,043 |
| 1,470 | 1,653 | 1,770 | |
| 117 | 127 | 171 | |
| Total Liabilities | 1,598 | 3,027 | 2,908 |
| 1,255 | 2,479 | 2,464 | |
| CWIP | 0 | 1 | 0 |
| Investments | 0 | 0 | 0 |
| 344 | 547 | 444 | |
| Total Assets | 1,598 | 3,027 | 2,908 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| 173 | 141 | 387 | |
| -14 | -1,399 | -191 | |
| -28 | 1,328 | -381 | |
| Net Cash Flow | 131 | 70 | -185 |
| Free Cash Flow | 159 | -1,221 | 196 |
| CFO/OP | 1,312% | 56% | 98% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| Debtor Days | 1,841 | 212 | 81 |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 1,841 | 212 | 81 |
| Working Capital Days | -10,698 | 116 | -13 |
| ROCE % | 6% | 8% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
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| Plant Load Factor (PLF) % |
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| Total Installed Capacity MWp |
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| Number of SPVs in Portfolio Count |
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Documents
Announcements
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Updates
4 September 2023 - SEBI approved delisting of units of Virescent Renewable Energy Trust; notice dated September 4, 2023.
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Disclosure under SEBI Takeover Regulations
29 August 2023 - Terra Asia Holdings II Pte. Ltd. has Submitted to the Exchange a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and …
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Disclosure under SEBI (PIT) Reg 2015
29 August 2023 - Terra Asia Holdings II Pte. Ltd. has Submitted to the Exchange a copy of Disclosure under Regulation 7(2) read with regulation 6(2) of SEBI (Prohibition …
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Updates
28 August 2023 - Terra Asia Holding II sold Virescent Renewable Energy Trust units (sale dated 25 Aug); disclosure received 28 Aug 2023.
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Updates
26 August 2023 - Virescent Renewable Energy Trust redeemed all senior secured listed NCDs on August 25, 2023.
Annual reports
No data available.