Ravindra Energy Ltd.
Snapshot View

49.65 -2.35 ▼-4.5%

25 May 2022, 04:01:00 PM
Volume: 2,905

Overview View Details

Sector Power Compare with Sector peers
Industry Power Generation/Distribution Compare with Industry peers
Website http://www.ravindraenergy.com
Market Cap 669.81 Cr.
Enterprise Value(EV) 830.53 Cr. 2022-03
Financial Indicators
Earnings per share (EPS) 2.73 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 18.16 Trailing Twelve Months Ending 2022-03
Industry PE 24.79 Trailing Twelve Months Ending 2022-03
Book Value / Share 11.45 Trailing Twelve Months Ending 2022-03
Price to Book Value 4.34 Calculated using Price: 49.65
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 13.42 Cr. 134,230,150 Shares
FaceValue 10
Company Profile

Ravindra Energy seeks to create a leading position in the provision of solar energy utilising the unique characteristics of solar PV generation. The Company will provide innovative solutions based around technology and finance to existing and new power consumers to facilitate the growth of solar PV.

The company strongly believes that solar PV offers one of the most competitive and effective means to provide long-term energy security and overtime will transform the power distribution sector. In India solar PV is moving quickly towards wholesale grid parity and has already achieved retail grid parity in a number of states.

Ravindra also has an operating coal mine in Indonesia with reserves of around 100 million tonnes. The Indonesian entity is involved in the production, marketing and trading of the coal produced.

The company is focused on three areas of the solar market:

  • Off-grid solutions for irrigation pumps for farmers started in late 2014, there will be continued growth as the demand for irrigation in the farming sector grows.
  • Solar rooftop projects that will allow users to offset their grid consumption and supply to the grid under net metering arrangements.
  • Ground mounted solar projects to supply electricity to the state distribution companies in Karnataka.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-4.52%
1 Week
-2.65%
1 Month
-14.32%
3 Month
-2.84%
6 Month
+6.43%
1 Year
+43.29%
2 Year
+84.57%
5 Year
+48.65%
10 Year
+297.20%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 1.58 2.54 3.33 -3.81 -0.84 -101.02 -670.60 55.46
Return on Capital Employed (%) 6.72 5.85 5.27 1.39 5.06 -21.04 -45.38 14.91 7.33
Return on Assets (%) 0.45 0.79 1.09 -1.16 -0.24 -20.85 -35.41 1.08 1.51

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 223 243 240 237 192 85 -22 -13 38 204
Non Curr. Liab. 197 184 122 3 35 126 126 127 260 113
Curr. Liab. 311 283 361 572 474 429 459 388 101 129
Minority Int. 1 0 2 7
Equity & Liab. 732 711 724 812 700 641 564 501 400 453
Non Curr. Assets 282 329 330 326 304 323 207 185 183 198
Curr. Assets 437 374 385 486 396 317 358 316 218 255
Misc. Exp. not W/O 13 8 8 0
Total Assets 732 711 724 812 700 641 564 501 400 453

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 809 555 555 493 621 417 518 719 304 765
Other Income 18 12 17 15 23 7 39 63 19 70
Total Income 827 567 572 508 644 425 557 782 323 835
Total Expenditure -801 -535 -543 -500 -619 -447 -719 -695 -289 -772
PBIDT 25 32 29 8 24 -23 -161 87 34 63
Interest -30 -24 -18 -14 -23 -27 -33 -43 -31 -18
Depreciation -1 -2 -3 -1 -1 -4 -7 -7 -9 -9
Taxation 0 0 0 -1 -3 -23 -12 -4 13 5
Exceptional Items 9 -63 -28 -4
PAT 3 6 8 -9 -2 -140 -213 6 7 37
Minority Interest 0 0 0 0
Share Associate 0 0 0
Other Related Items
Consolidated Net Profit 4 6 8 -9 -2 -140 -213 6 7 37
Adjusted EPS 0 1 1 -1 0 -12 -18 0 1 3

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. -29 45 91 -47 60 55 16 -29 53
Cash Fr. Inv. -98 -38 -1 9 32 -116 -70 57 1
Cash Fr. Finan. -4 5 -88 16 -75 55 66 -27 -58
Net Change -131 12 1 -22 17 -7 12 2 -4
Cash & Cash Eqvt 22 34 36 13 30 24 35 37 33

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 74.50 74.55 74.55 74.55 74.55 74.55 74.99 74.99 74.99
Public 25.50 25.45 25.45 25.45 25.45 25.45 25.01 25.01 25.01
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 11.22 11.21 11.21 11.21 44.85 11.21 9.93 9.93 9.93

Announcements View Details

Wed, 25 May 2022
Compliances-Reg.24(A)-Annual Secretarial Compliance
In terms of Clause 3 (b)(iii) of the above referred Circular and Pursuant to Regulation 24A of the SEBI (LODR) Regulations 2015 as amended we are submitting the Annual Secretarial Compliance Report for the year ended 31st March 2022 issued by M/s. Sanjay Dholakia & Associates Practicing Company Secretary and the Secretarial Auditor of the Company.
Sat, 21 May 2022
Submission Of Auditors' Report And Standalone And Consolidated Audited Financial Results Along With The Statement Of Assets And Liabilities For The Year Ended March 31 2022 And Outcome Of The Board Meeting.
The Board of Directors of the Company at its meeting held on Saturday May 21 2022 considered and approved -

1. Audited Standalone and Consolidated Financial Results for the year ended March 31 2022.

2. Approved Ravindra Energy Employees Stock Option Scheme 2022.

3. Noted and considered the acquisition of Prerak Greentech Solar Private Limited engaged into developing of 400 MWac Solar Park in Rajasthan.

4. Approved divestment of stake held in REL Rural Warehousing Limited a Wholly-Owned Subsidiary of the Company.

5. Designated Mr. Narendra Murkumbi - Non-Executive Director of the Company as Vice Chairman of the Company with effect from May 21 2022.

6. Reviewed and amended various policies of the Company framed in accordance with the provisions of the Companies Act 2013 and the SEBI Regulations.
Wed, 18 May 2022
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
In terms of Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we submit the details of share certificate/s reported to have been lost / misplaced by the shareholder.

Technical Scans View Details

Wed, 25 May 2022
High Delivery Percentage High Delivery Percentage
Closing Below Previous Low Closing Below Previous Low
High Decrease 1 Month High Decrease 1 Month
High Increase 1 Year High Increase 1 Year
High Increase 2 Years High Increase 2 Years

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