Gita Renewable Energy Ltd
Incorporated in 2010, Gita Renewable Energy Ltd is engaged in generation of electricity from Non-conventional sources[1]
- Market Cap ₹ 68.4 Cr.
- Current Price ₹ 166
- High / Low ₹ 310 / 106
- Stock P/E 214
- Book Value ₹ 32.8
- Dividend Yield 0.00 %
- ROCE 2.71 %
- ROE 1.91 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 5.07 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -26.0% over past five years.
- Company has a low return on equity of 7.38% over last 3 years.
- Company has high debtors of 639 days.
- Promoter holding has decreased over last 3 years: -3.14%
* 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: Power Generation & Distribution Industry: Power Generation And Supply
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
6.23 | 4.44 | 4.13 | 3.06 | 0.00 | 0.00 | 0.36 | 0.36 | 0.24 | 0.24 | 0.21 | 0.08 | 0.87 | |
1.61 | 0.91 | 0.79 | 6.53 | 0.25 | 0.14 | 0.29 | 0.32 | 1.60 | 0.89 | 1.00 | 0.50 | 0.55 | |
Operating Profit | 4.62 | 3.53 | 3.34 | -3.47 | -0.25 | -0.14 | 0.07 | 0.04 | -1.36 | -0.65 | -0.79 | -0.42 | 0.32 |
OPM % | 74.16% | 79.50% | 80.87% | -113.40% | 19.44% | 11.11% | -566.67% | -270.83% | -376.19% | -525.00% | 36.78% | ||
0.00 | 0.36 | 0.33 | -0.23 | 1.08 | 0.08 | 0.00 | 0.15 | -12.78 | 3.03 | 8.66 | 0.79 | 0.01 | |
Interest | 2.15 | 1.70 | 2.14 | 0.84 | 0.35 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 |
Depreciation | 2.39 | 2.85 | 3.69 | 2.84 | 1.93 | 1.94 | 1.94 | 1.94 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Profit before tax | 0.08 | -0.66 | -2.16 | -7.38 | -1.45 | -2.03 | -1.87 | -1.75 | -14.14 | 2.38 | 7.86 | 0.36 | 0.32 |
Tax % | 150.00% | -33.33% | -27.78% | -114.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 27.78% | |
-0.04 | -0.43 | -1.56 | 1.09 | -1.46 | -2.02 | -1.87 | -1.75 | -14.14 | 2.38 | 7.86 | 0.26 | 0.32 | |
EPS in Rs | -1.05 | -3.79 | 2.65 | -3.55 | -4.91 | -4.55 | -4.26 | -34.38 | 5.79 | 19.11 | 0.63 | 0.78 | |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -33% |
5 Years: | -26% |
3 Years: | -31% |
TTM: | 314% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 16% |
3 Years: | 30% |
TTM: | -96% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 103% |
3 Years: | -4% |
1 Year: | 54% |
Return on Equity | |
---|---|
10 Years: | -3% |
5 Years: | 0% |
3 Years: | 7% |
Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4.11 | 4.11 | 4.11 | 4.11 | 4.11 | 4.11 | 4.11 | 4.11 | 4.11 | 4.11 | 4.11 | 4.11 |
Reserves | 22.06 | 21.62 | 20.06 | 21.15 | 19.57 | 17.55 | 15.68 | 13.53 | -0.60 | 11.84 | 9.64 | 9.40 |
58.69 | 55.36 | 52.35 | 4.44 | 0.85 | 0.00 | 0.00 | 0.00 | 0.00 | 26.44 | 0.00 | 0.00 | |
13.60 | 9.93 | 9.02 | 43.26 | 41.02 | 41.01 | 40.96 | 38.71 | 35.43 | 0.68 | 0.44 | 0.61 | |
Total Liabilities | 98.46 | 91.02 | 85.54 | 72.96 | 65.55 | 62.67 | 60.75 | 56.35 | 38.94 | 43.07 | 14.19 | 14.12 |
45.64 | 42.79 | 39.09 | 26.27 | 24.40 | 22.47 | 20.55 | 18.62 | 0.00 | 0.00 | 0.00 | 0.00 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 | 1.80 | 5.13 | 28.91 | 5.77 | 5.77 |
52.82 | 48.23 | 46.45 | 46.69 | 41.15 | 40.20 | 40.00 | 35.93 | 33.81 | 14.16 | 8.42 | 8.35 | |
Total Assets | 98.46 | 91.02 | 85.54 | 72.96 | 65.55 | 62.67 | 60.75 | 56.35 | 38.94 | 43.07 | 14.19 | 14.12 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
24.54 | 1.74 | 4.18 | 38.02 | 0.74 | -0.04 | 6.84 | 7.12 | -22.98 | -24.30 | 9.00 | -0.83 | |
-29.68 | 3.25 | 1.00 | 10.96 | -0.48 | 0.12 | -6.90 | -5.64 | 28.15 | -4.35 | 13.08 | 0.79 | |
5.14 | -5.02 | -5.15 | -48.75 | -0.52 | -0.03 | 0.00 | 0.00 | 0.00 | 26.44 | -26.44 | -0.01 | |
Net Cash Flow | 0.00 | -0.03 | 0.03 | 0.22 | -0.26 | 0.05 | -0.06 | 1.48 | 5.17 | -2.21 | -4.36 | -0.04 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 1,226.24 | 1,617.84 | 1,667.69 | 1,975.29 | 7,279.72 | 375.14 | 28,758.96 | 9,140.21 | 747.38 | 638.75 | ||
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 1,226.24 | 1,617.84 | 1,667.69 | 1,975.29 | 7,279.72 | 375.14 | 28,758.96 | 9,140.21 | 747.38 | 638.75 | ||
Working Capital Days | 778.63 | 1,270.10 | 1,319.48 | -2,440.49 | -28,470.00 | -38,801.53 | -25,048.12 | 12,835.83 | 1,877.14 | -1,049.38 | ||
ROCE % | 5.25% | 1.25% | -0.03% | -11.26% | -4.06% | -8.66% | -9.02% | -9.35% | -11.16% | 2.66% | 6.98% | 2.71% |
Documents
Announcements
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Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 Of SEBI (LODR) Regulations, 2015
5 Nov - Board meeting scheduled to approve financial results.
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
28 Oct - Intimation for issue of duplicate share certificates.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Oct - Confirmation of Dematerialization of Securities for the quarter and half year ended 30th September 2024
-
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
1 Oct - Intimation for loss of share certificates and issuance of duplicates.
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Closure of Trading Window
27 Sep - Closure of trading window for financial results.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Business Overview:[1][2]
GREL generates Power from renewable resources including Wind, Solar and Hydro. Company provides operations and maintenance services for generating Renewable energy, including for projects constructed by third parties