Sungarner Energies Ltd
Incorporated in 2015, Sungarner Energies Limited is engaged in the business of manufacturing Solar Inverters, Online UPS Systems, EV Chargers, and Lead Acid Batteries.[1]
- Market Cap ₹ 88.1 Cr.
- Current Price ₹ 380
- High / Low ₹ 524 / 150
- Stock P/E 84.7
- Book Value ₹ 41.2
- Dividend Yield 0.00 %
- ROCE 25.9 %
- ROE 32.4 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.3%
Cons
- Stock is trading at 9.23 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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: Capital Goods - Electrical Equipment Industry: Electric Equipment
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 4.36 | 5.31 | 7.94 | 17.32 | 17.97 | |
| 4.14 | 4.92 | 6.98 | 16.06 | 16.06 | |
| Operating Profit | 0.22 | 0.39 | 0.96 | 1.26 | 1.91 |
| OPM % | 5.05% | 7.34% | 12.09% | 7.27% | 10.63% |
| 0.00 | 0.00 | 0.04 | 0.34 | 0.16 | |
| Interest | 0.11 | 0.10 | 0.16 | 0.28 | 0.40 |
| Depreciation | 0.07 | 0.06 | 0.07 | 0.11 | 0.14 |
| Profit before tax | 0.04 | 0.23 | 0.77 | 1.21 | 1.53 |
| Tax % | 50.00% | 30.43% | 25.97% | 38.02% | 32.03% |
| 0.03 | 0.16 | 0.58 | 0.74 | 1.04 | |
| EPS in Rs | 0.65 | 3.44 | 12.47 | 4.41 | 4.49 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 50% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 87% |
| TTM: | 41% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 34% |
| Last Year: | 32% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.47 | 0.47 | 0.47 | 1.68 | 2.32 |
| Reserves | 0.36 | 0.52 | 1.10 | 1.53 | 7.23 |
| 0.88 | 1.04 | 2.27 | 4.24 | 5.70 | |
| 0.89 | 1.16 | 1.52 | 2.70 | 3.19 | |
| Total Liabilities | 2.60 | 3.19 | 5.36 | 10.15 | 18.44 |
| 1.26 | 1.33 | 1.66 | 1.90 | 2.36 | |
| CWIP | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 |
| 1.34 | 1.86 | 3.69 | 8.25 | 15.98 | |
| Total Assets | 2.60 | 3.19 | 5.36 | 10.15 | 18.44 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 0.14 | 0.11 | -0.69 | -2.22 | -5.56 | |
| -0.03 | -0.12 | -0.41 | -0.35 | -0.69 | |
| -0.16 | 0.06 | 1.09 | 2.61 | 6.37 | |
| Net Cash Flow | -0.06 | 0.05 | -0.01 | 0.04 | 0.12 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 71.16 | 63.24 | 59.30 | 58.59 | |
| Inventory Days | 45.02 | 88.22 | 204.95 | 155.51 | |
| Days Payable | 85.22 | 90.42 | 91.74 | 51.48 | |
| Cash Conversion Cycle | 30.96 | 61.03 | 172.51 | 162.62 | |
| Working Capital Days | 38.51 | 46.74 | 105.73 | 122.86 | |
| ROCE % | 17.65% | 31.69% | 26.40% |
Documents
Announcements
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
20 July 2024 - Sungarner Energies Limited has informed regarding Submission of the Compliance Report on Non applicability of Corporate Governance for the quarter ended 30th June, 2024.
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Press Release
18 July 2024 - Sungarner Energies Limited has informed regarding a press release dated July 18, 2024, titled "Press release pursuant to Regulation 30 of SEBI (Listing Disclosures and …
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
12 July 2024 - The details of securities dematerialized/rematerialized during the quarter ended 30th June, 2024, as required under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 have …
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Outcome of Board Meeting
30 May 2024 - Sungarner Energies Limited has informed regarding Board meeting held on May 29, 2024.
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Updates
30 May 2024 - Sungarner Energies Limited has informed regarding 'Revised Outcome of the Board Meeting under Regulation 30 & 33 of the SEBI (LODR) Regulations, 2015.'.
Annual reports
No data available.
Business Profile[1] SEL started as a Design Engineering and Solar EPC company and now manufactures Solar Inverters, Online UPS Systems, EV Chargers, and Lead Acid Batteries.