Sungarner Energies Ltd
Incorporated in 2015, Sungarner Energies Ltd manufactures solar Power, UPS, Batteries, Inverters, and EV Products[1]
- Market Cap ₹ 115 Cr.
- Current Price ₹ 497
- High / Low ₹ 909 / 180
- Stock P/E 71.1
- Book Value ₹ 44.7
- Dividend Yield 0.00 %
- ROCE 17.2 %
- ROE 16.3 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 11.1 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Company has high debtors of 163 days.
- Working capital days have increased from 167 days to 274 days
* 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 | TTM | |
|---|---|---|---|---|---|---|
| 4.36 | 5.31 | 7.94 | 17.32 | 17.49 | 22.51 | |
| 4.14 | 4.92 | 6.98 | 16.07 | 15.56 | 19.65 | |
| Operating Profit | 0.22 | 0.39 | 0.96 | 1.25 | 1.93 | 2.86 |
| OPM % | 5.05% | 7.34% | 12.09% | 7.22% | 11.03% | 12.71% |
| 0.00 | 0.00 | 0.04 | 0.34 | 0.16 | 0.06 | |
| Interest | 0.11 | 0.10 | 0.16 | 0.27 | 0.42 | 0.51 |
| Depreciation | 0.07 | 0.06 | 0.07 | 0.11 | 0.14 | 0.17 |
| Profit before tax | 0.04 | 0.23 | 0.77 | 1.21 | 1.53 | 2.24 |
| Tax % | 50.00% | 30.43% | 25.97% | 38.84% | 32.03% | |
| 0.03 | 0.16 | 0.58 | 0.74 | 1.04 | 1.62 | |
| EPS in Rs | 0.65 | 3.44 | 12.47 | 4.41 | 4.49 | 6.99 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 49% |
| TTM: | 41% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 87% |
| TTM: | 103% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 133% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 24% |
| Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.47 | 0.47 | 0.47 | 1.68 | 2.32 | 2.32 |
| Reserves | 0.36 | 0.52 | 1.10 | 1.52 | 7.23 | 8.05 |
| 0.88 | 1.04 | 2.27 | 4.24 | 5.70 | 7.55 | |
| 0.89 | 1.16 | 1.52 | 2.71 | 3.19 | 4.16 | |
| Total Liabilities | 2.60 | 3.19 | 5.36 | 10.15 | 18.44 | 22.08 |
| 1.26 | 1.33 | 1.66 | 1.90 | 2.36 | 3.44 | |
| CWIP | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.10 |
| 1.34 | 1.86 | 3.69 | 8.25 | 15.98 | 18.54 | |
| Total Assets | 2.60 | 3.19 | 5.36 | 10.15 | 18.44 | 22.08 |
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 | 162.57 |
| Inventory Days | 45.02 | 88.22 | 204.95 | 155.51 | 205.89 |
| Days Payable | 85.22 | 90.42 | 91.74 | 51.48 | 57.51 |
| Cash Conversion Cycle | 30.96 | 61.03 | 172.51 | 162.62 | 310.95 |
| Working Capital Days | 38.51 | 46.74 | 105.73 | 122.65 | 273.59 |
| ROCE % | 17.65% | 31.69% | 26.24% | 17.19% |
Documents
Announcements
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Related Party Transactions
14 November 2024 - Sungarner Energies Limited has informed about related Party Transactions
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Outcome of Board Meeting
14 November 2024 - Sungarner Energies Limited has informed regarding Board meeting held on November 14, 2024.
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Financial Result Updates
14 November 2024 - Sungarner Energies Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
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Board Meeting Intimation
8 November 2024 - SUNGARNER ENERGIES LIMITED has informed about Board Meeting to be held on 14-Nov-2024 to consider and approve the Half Yearly Unaudited Financial results of the …
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Press Release
29 October 2024 - Sungarner Energies Limited has informed regarding a press release dated October 29, 2024, titled "Signing a MOU for the EPC and technology partner with Ahab …
Business Overview:[1]
SGL is an ISO 90001:2008 certified sustainable integrated energy company in India. It manufactures a wide range of power solutions such as UPS, Batteries, Inverters, SwitchGears , Electric Wires and EV products under SELTRIK Brand. Company specializes in Turnkey Solar EPC for Utility scale Solar Power Plants, Solar Farms and Rooftops.