Veer Energy & Infrastructure Ltd

Veer Energy & Infrastructure Ltd

₹ 22.2 1.97%
22 Nov - close price
About

Incorporated in 2006, Veer Energy Ltd creates infrastructure development facilities for installation of Wind Turbine Generator

Key Points

Business Overview:[1]
Company implements and operates large‐
scale projects in renewable energy sector
and provides services to develop, construct and operate projects that contribute to goal of a low carbon and sustainable future.

  • Market Cap 33.3 Cr.
  • Current Price 22.2
  • High / Low 35.6 / 16.4
  • Stock P/E 33.3
  • Book Value 48.0
  • Dividend Yield 0.00 %
  • ROCE 4.83 %
  • ROE 2.28 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.46 times its book value
  • Company has been maintaining a healthy dividend payout of 28.8%
  • Debtor days have improved from 85.5 to 35.3 days.
  • Company's working capital requirements have reduced from 309 days to 138 days

Cons

  • Company has low interest coverage ratio.
  • Promoter holding is low: 25.7%
  • Company has a low return on equity of 3.85% over last 3 years.
  • Company might be capitalizing the interest cost
  • Promoter holding has decreased over last 3 years: -4.89%

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Dec 2012 Mar 2013
37.13 22.18 28.52
33.95 20.43 27.10
Operating Profit 3.18 1.75 1.42
OPM % 8.56% 7.89% 4.98%
0.06 0.07 0.09
Interest 0.02 0.13 0.51
Depreciation 0.00 0.15 0.21
Profit before tax 3.22 1.54 0.79
Tax % 22.36% 12.34% 37.97%
2.50 1.35 0.50
EPS in Rs 2.69 1.45 0.54
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
72.19 81.22 65.95 47.73 52.85
64.98 73.33 61.84 44.18 46.46
Operating Profit 7.21 7.89 4.11 3.55 6.39
OPM % 9.99% 9.71% 6.23% 7.44% 12.09%
0.23 0.64 0.06 0.19 0.08
Interest 0.18 0.83 0.39 0.63 3.10
Depreciation 0.60 0.67 0.82 1.03 2.10
Profit before tax 6.66 7.03 2.96 2.08 1.27
Tax % 44.74% 20.20% 21.62% 18.27% 22.05%
3.67 5.62 2.32 1.69 1.00
EPS in Rs 3.95 6.04 2.49 1.82 1.09
Dividend Payout % 11.62% 7.59% 18.39% 25.24% 42.66%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: -13%
TTM: 11%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -44%
TTM: -38%
Stock Price CAGR
10 Years: -1%
5 Years: 27%
3 Years: 22%
1 Year: 18%
Return on Equity
10 Years: %
5 Years: %
3 Years: 4%
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
Equity Capital 7.11 7.11 7.11 7.11 7.11
Reserves 28.51 33.54 35.31 36.48 37.02
0.67 9.97 10.29 45.09 48.10
24.36 37.65 28.73 39.20 28.51
Total Liabilities 60.65 88.27 81.44 127.88 120.74
11.32 14.40 16.60 15.56 73.05
CWIP 0.00 1.33 0.00 0.00 0.00
Investments 1.07 4.17 0.78 0.25 0.04
48.26 68.37 64.06 112.07 47.65
Total Assets 60.65 88.27 81.44 127.88 120.74

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
1.17 2.30 1.09 -38.35 60.88
-0.68 -1.83 -0.61 38.84 -58.03
-0.49 -0.49 -0.51 -0.51 -0.51
Net Cash Flow 0.00 -0.02 -0.03 -0.02 2.34

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
Debtor Days 140.41 249.95 164.98 56.21 35.29
Inventory Days 96.68 37.57 154.11 858.60 148.15
Days Payable 117.29 163.61 143.85 286.66 143.92
Cash Conversion Cycle 119.79 123.91 175.25 628.15 39.52
Working Capital Days 124.38 146.50 203.95 584.09 138.20
ROCE % 18.09% 6.48% 3.69% 4.83%

Shareholding Pattern

Numbers in percentages

18 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
30.64% 30.63% 30.75% 29.87% 26.57% 26.57% 25.90% 25.90% 25.90% 25.74% 25.74% 25.74%
0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39%
68.97% 68.99% 68.86% 69.73% 73.04% 73.05% 73.71% 73.70% 73.71% 73.86% 73.87% 73.87%
No. of Shareholders 16,35016,28816,29416,03017,46417,02416,74016,89117,35920,41820,60524,269

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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