Ravindra Energy Limited share price
Ravindra Energy Limited sells solar pumps and setting up of solar generation power plants in India. The company undertakes various projects relating to solar photo voltaic power pumping systems, rooftop solar, and ground-mount solar power projects. It also generates and sells power. The company was formerly known as Ravindra Trading and Agencies Limited and changed its name to Ravindra Energy Limited. Ravindra Energy Limited was incorporated in 1980 and is based in Belgaum, India.Read more
- Market Cap₹ 2,804 Cr.
- Current Price₹ 141.22
- High / Low₹ 196 / 115
- Stock P/E52.3
- Book Value₹ 24
- Dividend Yield0.00 %
- ROCE10.5 %
- ROE19.00 %
- Face Value₹ 10.0
More figures (10)
- EPS (TTM)₹ 2.70
- Price / Book5.94
- OPM18.2 %
- Debt / Equity1.35
- Sales growth (4Y)30.6 %
- Profit growth (4Y)66.2 %
- Promoter holding69.3 %
- EV / EBITDA22.1
- Beta1.28
- All-time high₹ 196
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| RELTD | -4.56% | -19.36% | +1.44% | -11.10% | -3.34% | — | — |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- Ravindra Energy Limited is in the Solar industry (Technology), with a market value of ₹2,804 crore.
- It trades at 52.3 times its last 12 months' earnings and 5.9 times book value.
- Revenue grew 30.6% a year over the last 4 years, profit 66.2% a year.
- Return on equity was 19.0% and return on capital employed 10.5% in the latest year.
- Debt was 1.35 times shareholders' equity.
- The share price is 28.1% below its 52-week high and down 3.3% over one year.
- Promoters and insiders hold about 69.3%; institutions about 4.0%.
Pros
AI- Institutional (FII + DII) holding has risen by 6.0 points over 9 quarters.
Cons
AI- Return on equity has been low: -0.9% on average over the last 3 years.
- Borrowings are high at 1.35 times shareholders' equity.
- Latest quarter (Jun 2026): profit fell 93% from a year ago.
- Promoter holding has fallen by 16.73 points over 9 quarters, to 58.26%.
- Trades at 52.3 times earnings, above its 3-year median of 42.7.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
About Ravindra Energy Limited
Ravindra Energy Limited sells solar pumps and setting up of solar generation power plants in India. The company undertakes various projects relating to solar photo voltaic power pumping systems, rooftop solar, and ground-mount solar power projects. It also generates and sells power. The company was formerly known as Ravindra Trading and Agencies Limited and changed its name to Ravindra Energy Limited. Ravindra Energy Limited was incorporated in 1980 and is based in Belgaum, India.
- Employees
- 135
- Head office
- Belgaum
Peer comparison
TechnologySolar
| S.No. | Company | CMP ₹ | P/E | Mar Cap ₹ Cr | Div Yld % | NP Qtr ₹ Cr | Qtr Profit Var % | Sales Qtr ₹ Cr | Qtr Sales Var % | ROCE % | ROE % | P/B | OPM % | Debt / Eq | Prom. Hold. % | Sales ₹ Cr | Sales Var 3Yrs % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Ravindra Energy | 141.22 | 52.3 | 2,804 | 0.00 | 2 | -92.82 | 120 | -26.24 | 10.5 | 19.0 | 5.94 | 18.2 | 1.35 | 69.27 | 543 | 30.6 |
| 2. | Waaree Energies | 2,565.40 | 19.4 | 73,794 | 0.16 | 850 | 37.37 | 7,932 | 98.10 | 30.1 | 31.0 | 5.11 | 19.1 | 0.26 | 68.15 | 25,955 | 57.8 |
| 3. | Premier Energies | 901.05 | 24.2 | 40,687 | 0.08 | 463 | 66.69 | 2,463 | 51.93 | 27.4 | 42.4 | 9.42 | 25.2 | 0.86 | 67.42 | 7,807 | 76.2 |
| 4. | Emmvee Photovoltaic Power | 277.20 | 13.3 | 19,192 | 0.35 | 380 | 102.63 | 1,556 | 51.34 | 34.5 | 51.1 | 4.37 | 29.8 | 0.10 | 80.03 | 5,034 | 102.7 |
| 5. | Fujiyama Power Systems | 394.90 | 40.1 | 12,120 | 0.00 | 58 | — | 1,346 | — | 28.9 | 36.4 | 9.21 | 17.1 | 0.41 | 87.74 | 2,647 | 58.7 |
| 6. | Borosil Renewables | 428.50 | 15.7 | 6,307 | 0.00 | 87 | — | 406 | 17.06 | 9.5 | 10.3 | 3.97 | 22.9 | 0.11 | 57.84 | 1,549 | 20.2 |
| 7. | Vikram Solar | 144.00 | 14.3 | 5,218 | 0.00 | 20 | -85.17 | 1,563 | 37.89 | 20.5 | 21.3 | 1.65 | 16.6 | 0.20 | 64.85 | 4,802 | 32.3 |
| 8. | Insolation Energy | 73.64 | 8.1 | 1,624 | 0.00 | 38 | — | 741 | — | 19.1 | 28.3 | 2.02 | 11.9 | 1.10 | 67.60 | 2,146 | 97.0 |
| 9. | Urja Global | 8.39 | 419.5 | 467 | 0.00 | 0 | -55.43 | 14 | -26.56 | 1.3 | 0.8 | 2.35 | 3.0 | 0.18 | 19.59 | 67 | 19.0 |
| Median: 9 Co. | 277.20 | 19.4 | 6,307 | 0.00 | 58 | -9.03 | 1,346 | 37.89 | 20.5 | 28.3 | 4.37 | 18.2 | 0.26 | 67.60 | 2,647 | 57.8 |
Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.
Quarterly Results
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.
Profit & Loss
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Projection — your assumptions
Starts from the last four reported quarters (TTM) and applies the figures you enter; growth is pre-filled with the company's own past sales growth. This is a what-if calculator for illustration, not a forecast, estimate or recommendation.
Related party transactions
Related-party transactions are dealings with promoters, directors, subsidiaries and associates. Companies disclose them to the exchanges every half-year and in detail in the notes to their annual report.
No separate related-party filing among the recent announcements of the company.
Full details: notes to the Financial Year 2026 annual report (related party disclosures).
| ₹ Cr | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|
| 250 | 543 | 501 | |
| YOY Sales Growth % | 116.91% | ||
| 208 | 412 | 359 | |
| Material Cost % | 62% | 57% | 51% |
| Employee Cost % | 3% | 3% | 3% |
| Other Expenses % | 18% | 17% | 18% |
| Operating Profit | 42 | 131 | 141 |
| OPM % | 17% | 24% | 28% |
| 12 | 18 | 14 | |
| Exceptional items | -5 | 0 | |
| Interest | 10 | 35 | 42 |
| Depreciation | 11 | 28 | 34 |
| Profit before tax | 27 | 86 | 79 |
| 15% | -3% | 1% | |
| Current tax | 1 | 2 | |
| Deferred tax | 4 | -4 | |
| 22 | 81 | 60 | |
| Profit from associates | -1 | -8 | -19 |
| YOY Profit Growth % | 270.60% | ||
| EPS in Rs | 1.32 | 4.53 | 3.29 |
Compounded Sales Growth
- TTM:
- 28%
Compounded Profit Growth
- TTM:
- 53%
Stock Price CAGR
- 1 Year:
- -3%
Return on Equity
- 4 Years:
- 1%
- Last Year:
- 19%
| ₹ Cr | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|
| 188 | 444 | 393 | |
| YOY Sales Growth % | 136.21% | ||
| 164 | 368 | 330 | |
| Material Cost % | 69% | 65% | 64% |
| Employee Cost % | 4% | 3% | 3% |
| Other Expenses % | 14% | 15% | 17% |
| Operating Profit | 24 | 77 | 63 |
| OPM % | 13% | 17% | 16% |
| 10 | 24 | 23 | |
| Exceptional items | -6 | -5 | |
| Interest | 1 | 1 | 1 |
| Depreciation | 2 | 3 | 4 |
| Profit before tax | 25 | 91 | 81 |
| 0% | 0% | 0% | |
| Current tax | 0 | ||
| Deferred tax | -0 | -0 | |
| 25 | 91 | 81 | |
| YOY Profit Growth % | 271.31% | ||
| EPS in Rs | 1.49 | 5.12 | 4.49 |
Compounded Sales Growth
- TTM:
- 20%
Compounded Profit Growth
- TTM:
- 88%
Stock Price CAGR
- 1 Year:
- -3%
Return on Equity
- 4 Years:
- 1%
- Last Year:
- 19%
Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 138 | 154 | 179 | 179 |
| Reserves | 55 | -9 | 158 | 233 |
| 120 | 159 | 224 | 555 | |
| Long term borrowings | 84 | 103 | 172 | 475 |
| Short term borrowings | 33 | 45 | 18 | 28 |
| 143 | 97 | 87 | 152 | |
| Trade payables | 74 | 41 | 28 | 12 |
| Minority interest | 15 | 17 | 15 | 17 |
| Current liabilities | 135 | 92 | 57 | 57 |
| Total Liabilities | 455 | 402 | 648 | 1,119 |
| 221 | 131 | 94 | 133 | |
| Gross block | 267 | 131 | 106 | 151 |
| Accumulated depreciation | 46 | 59 | 12 | 18 |
| Goodwill & intangibles | 0 | 150 | 353 | 750 |
| CWIP | 34 | 27 | 5 | 11 |
| 201 | 244 | 549 | 975 | |
| Inventories | 4 | 3 | 4 | 15 |
| Trade receivables | 129 | 63 | 17 | 40 |
| Cash & equivalents | 12 | 4 | 42 | 50 |
| Current assets | 231 | 111 | 144 | 182 |
| Total Assets | 455 | 402 | 648 | 1,119 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 122 | 61 | 71 | 166 | |
| Profit for the year | 16 | -52 | 21 | 71 |
| Working capital changes | 78 | 77 | 29 | 43 |
| Direct taxes paid | -0 | 1 | -4 | -7 |
| -30 | -81 | -159 | -437 | |
| Fixed assets purchased | -37 | -76 | -177 | -448 |
| Investments purchased | -0 | -6 | -1 | -2 |
| Investments sold | 0 | 0 | 54 | |
| -85 | 22 | 147 | 278 | |
| Proceeds from borrowings | 8 | 19 | 69 | 312 |
| Repayment of borrowings | -33 | -15 | -2 | |
| Interest paid | -13 | -16 | -10 | -35 |
| Net Cash Flow | 7 | 2 | 59 | 7 |
| Free Cash Flow | 84 | -15 | -106 | -281 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| ROE | — | 8.1% | -30.5% | 8.9% | 19.0% |
| ROCE | — | 10.8% | -9.8% | 6.1% | 10.5% |
| Operating margin | — | 3.2% | 19.2% | 11.5% | 18.2% |
| Net margin | — | 6.1% | -39.4% | 7.6% | 12.7% |
| Debt / equity | — | 0.62 | 1.09 | 0.66 | 1.35 |
| Current ratio | — | 1.71 | 1.21 | 2.54 | 3.18 |
| Debtor days | — | 186 | 176 | 22 | 26 |
| Inventory days | — | 8 | 14 | 7 | 14 |
| Days payable | — | 128 | 203 | 46 | 11 |
| Cash conversion cycle | — | 66 | -13 | -17 | 29 |
| Working capital days | — | 138 | 53 | 112 | 81 |
Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.
Shareholding Pattern
Numbers in percentages · as filed with NSE each quarter
- Promoters 58.26%
- FIIs 3.17%
- DIIs 3.00%
- Public 35.57%
| % | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.99% | 64.77% | 64.77% | 64.77% | 64.77% | 64.77% | 63.66% | 58.26% | 58.26% |
| 0.04% | 3.19% | 3.21% | 2.97% | 2.59% | 2.08% | 1.98% | 3.27% | 3.17% | |
| Foreign portfolio investors (Cat. I) | 0.04% | 3.19% | 3.21% | 2.95% | 2.57% | 2.08% | 1.98% | 2.97% | 3.12% |
| Foreign portfolio investors (Cat. II) | 0.02% | 0.02% | 0.30% | 0.06% | |||||
| 0.09% | 1.36% | 1.36% | 1.91% | 1.91% | 1.91% | 2.81% | 2.99% | 3.00% | |
| Mutual funds | 1.36% | 1.36% | 1.91% | 1.91% | 1.91% | 2.81% | 2.97% | 2.97% | |
| Alternative investment funds | 0.09% | 0.02% | 0.03% | ||||||
| 24.88% | 30.67% | 30.65% | 30.35% | 30.73% | 31.23% | 31.55% | 35.48% | 35.57% | |
| Retail (up to ₹2 lakh) | 12.95% | 11.46% | 11.40% | 11.70% | 11.50% | 11.43% | 11.13% | 10.44% | 10.61% |
| HNIs (above ₹2 lakh) | 2.04% | 8.61% | 8.67% | 8.64% | 8.93% | 9.54% | 10.18% | 11.93% | 12.71% |
| NRIs | 0.65% | 0.91% | 0.90% | 0.54% | 0.73% | 0.69% | 0.73% | 1.15% | 0.83% |
| Bodies corporate | 0.61% | 1.65% | 1.60% | 1.37% | 1.47% | 1.45% | 1.43% | 4.24% | 3.74% |
| No. of Shareholders | 82,465 | 82,908 | 82,909 | 83,521 | 82,575 | 81,909 | 80,815 | 82,798 | 81,887 |
Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.
Mutual funds & institutions holding Ravindra Energy
| Holder (above 1%) | Stake |
|---|---|
| Quant Infrastructure FundMutual fund | 2.97% |
As named in the shareholding pattern for Sep 2026 filed with NSE; mutual funds together hold 2.97% of the company. Shareholders below 1% are not named in the filing.
Documents
Announcements
- General UpdatesWe are pleased to inform our stakeholders that our jointly controlled entity, Energy In Motion Limited (EIM), has issued the press release - Energy in Motion Limited Opens Electri…15-Oct-2026
- Spurt in VolumeSignificant increase in volume has been observed in Ravindra Energy Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and…15-Oct-2026
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Ravindra Energy Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 201813-Oct-2026
- UpdatesRavindra Energy Limited has informed the Exchange regarding 'Disclosures under SEBI (PIT) Regulations 2015'.07-Oct-2026
- General UpdatesDisclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015 - Pledge Creation.02-Oct-2026
- Shareholders meetingRavindra Energy Limited has informed the Exchange regarding voting results of Annual General Meeting held on September 28, 202629-Sep-2026
- Change in Director(s)Ravindra Energy Limited has informed the Exchange regarding Change in Director(s) of the company.29-Sep-2026
- Amendment to AOA/MOARavindra Energy Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.29-Sep-2026
- Shareholders meetingRavindra Energy Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 28, 202629-Sep-2026
- Trading WindowRavindra Energy Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201528-Sep-2026
- Shareholders meetingRavindra Energy Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 28, 202628-Sep-2026
- Press ReleaseRavindra Energy Limited has informed the Exchange regarding a press release dated September 23, 2026, titled "Announcement of Merger between Energy In Motion Limited (Transferor C…23-Sep-2026
Annual reports
Credit ratings
None filed recently.
Concalls & investor meets
- Investor PresentationRavindra Energy Limited has informed the Exchange about Investor Presentation29-Sep-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesIntimation of Schedule of Analysts/Institutional Investors Meeting under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201524-Sep-2026
- Investor PresentationRavindra Energy Limited has informed the Exchange about Investor Presentation27-Jan-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesRavindra Energy Limited has informed the Exchange about Schedule of meet22-Jan-2026
- Investor PresentationRavindra Energy Limited has informed the Exchange about Investor Presentation21-Sep-2025
- Analysts/Institutional Investor Meet/Con. Call UpdatesRavindra Energy Limited has informed the Exchange about Schedule of meet12-Sep-2025
Filings made by the company with NSE; documents open on NSE's website.
Key dates
- Ex-dividend date
- 1 Jan 1970
- Latest quarter
- 30 Jun 2026
- Financial year end
- 31 Mar 2026
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Latest news
In the news
- RELTD Share Price Today - Ravindra Energy on NSE/BSEscanx.trade · 1 d ago
- Ravindra Energy RELTD NSE Volume Surge ClarificationKalkine India · 1 d ago
- Ravindra Energy (NSE:RELTD): What Does Its Reg 74(5) Demat Certificate for Q2 FY27 Confirm?Kalkine India · 3 d ago
- Ravindra Energy (RELTD.NS) Edges Up to ₹146.9 as Stock Holds Above Key Support - Percent Above MAhttps://www.siam.in/ · 20 Sep 2026
From the company (NSE)
- General UpdatesWe are pleased to inform our stakeholders that our jointly controlled entity, Energy In Motion Limited (EIM), has issued the press release - Energy in Motion Limited Opens Electri…NSE filing · 15-Oct-2026
- Spurt in VolumeSignificant increase in volume has been observed in Ravindra Energy Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and…NSE filing · 15-Oct-2026
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Ravindra Energy Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018NSE filing · 13-Oct-2026
- UpdatesRavindra Energy Limited has informed the Exchange regarding 'Disclosures under SEBI (PIT) Regulations 2015'.NSE filing · 07-Oct-2026
- General UpdatesDisclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015 - Pledge Creation.NSE filing · 02-Oct-2026
- Shareholders meetingRavindra Energy Limited has informed the Exchange regarding voting results of Annual General Meeting held on September 28, 2026NSE filing · 29-Sep-2026
- Change in Director(s)Ravindra Energy Limited has informed the Exchange regarding Change in Director(s) of the company.NSE filing · 29-Sep-2026
- Amendment to AOA/MOARavindra Energy Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.NSE filing · 29-Sep-2026
Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.
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