Ravindra Energy logo

Ravindra Energy

RELTD NSE

Key Fundamentals

MicrocapTrading & DistributorsCommercial Services
Market Cap
₹3,020 Cr
Volatility
Moderate
P/E Ratio
51.71
EBITDA
₹131 Cr
Return on Equity
6.58%
Debt to Equity
1.19
Book Value
₹31.37
52W High
₹196.45
52W Low
₹114.59

Tapetide Score

Data-driven rating, 0–100. How it works →

Key Insights

Strengths

3
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 71.8% CAGR over last 5 years
  • Debtor days have improved from 75.9 to 26.8 days.

Weaknesses

4
  • Stock is trading at 7.31 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -5.40%
  • Tax rate seems low

Growth Rate

Revenue Growth
107% higher than 3Y
Net Income Growth
262% higher than 3Y
Cash Flow Change
16.46% higher than 3Y
ROE
-121% lower than 3Y
ROCE
-167% lower than 3Y
EBITDA Margin (Avg.)
12.91% higher than 3Y

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 69d ago
AI opinion · based on fundamentals
Risk high

Ravindra Energy Ltd is a ₹3,395 Cr market cap industrials company trading at a PE of 41.2x and 5.35x book value. The company has delivered explosive TTM sales growth of 117% and profit growth of 207%, with a 5-year profit CAGR of 72%, though it pays no dividend and key profitability ratios like ROCE remain undisclosed.

Bull Case 8
  • TTM sales growth of 117% indicates a sharp acceleration in revenue momentum compared to 3-year CAGR of 29%
  • TTM profit growth of 207% demonstrates significant operating leverage and margin expansion
  • 5-year compounded profit growth of 72% CAGR reflects sustained long-term earnings trajectory
  • ROE improved to 21% in the last year from a 3-year average of 16%, showing rising capital efficiency
  • Debtor days improved from 75.9 to 26.8 days, indicating stronger working capital management and faster collections
  • Stock CAGR of 52% over 3 years reflects strong market recognition of the business turnaround
  • 3-year compounded sales growth of 29% shows the revenue acceleration is not just a one-quarter phenomenon
  • Company is expected to deliver a good quarter based on forward indicators
Bear Case 8
  • PE of 41.2x is elevated for an industrials company, pricing in significant future growth already
  • Stock trades at 7.88x book value (PB 5.35x reported, 7.88x cited in pros/cons), well above typical industrials valuations
  • Zero dividend yield despite reporting repeated profits suggests shareholders receive no direct cash return
  • Promoter holding decreased by 1.11% in the last quarter, signaling potential insider confidence concerns
  • 10-year sales CAGR of just 1% suggests the recent growth spurt lacks a long historical track record
  • Key financial ratios including ROCE and debt-to-equity are undisclosed, limiting full financial health assessment
  • Tax rate appears low, which could normalize upward in future periods and compress net margins
  • 5-year stock CAGR of 19% vs 3-year CAGR of 52% shows most returns are recent, raising sustainability questions

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 69d ago
Headwinds 2
  • Promoter pledges 32% stake Jun 18

    Khandepar Investments pledged 76.10 lakh equity shares worth ₹111.01 crore, representing 32.29% of Ravindra Energy. Large promoter pledges signal potential financial stress or margin calls.

  • Promoter renounces rights entitlements Jun 20

    Khandepar Investments renounced 35.85 lakh rights entitlements, reducing its holding to 14.25%. Promoter not subscribing to the rights issue raises concerns about commitment and dilution.

Positives 2
  • Rs 150 cr investment in EIM Jun 30

    Ravindra Energy invested Rs 150 crore in associate Energy In Motion Limited via a rights issue, increasing its stake to 49.54%. Deepens exposure to the EV logistics business.

  • 45 electric trucks deployed Jun 16

    Associate EIM and PPL deployed 45 electric trucks for UltraTech Cement, reducing 8,900 tons of CO2 annually. Demonstrates commercial traction in the EV freight segment.

Neutral 1
  • Rights issue closed at Rs 2,050 mn Jun 24

    Ravindra Energy closed its rights issue on June 24, 2026, aiming to raise Rs 2,050 million. Final issue size was revised to ₹2,005.35 million for 19,854,940 shares after fractional adjustments.

TL;DR: Ravindra Energy is actively building its EV logistics vertical through its associate EIM, with tangible deployments for blue-chip clients like UltraTech Cement. The Rs 2,050 mn rights issue provides growth capital, but the promoter's simultaneous share pledge and renunciation of entitlements (reducing holding to 14.25%) raises governance and dilution concerns. The EV freight pivot is promising but still early-stage, and promoter actions bear close monitoring in coming quarters.

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
57.78
26.58
16.49
30.12
22.71
15.58
53.14
159
163
120
127
133
120
Expenses
46.94
20.27
9.14
21.57
15.38
14.99
45.99
132
135
83.08
94.88
99.43
81.87
Operating Profit
10.84
6.31
7.35
8.55
7.33
0.59
7.15
27.37
27.87
37.25
32.29
33.63
38.1
OPM %
18.76%
23.74%
44.57%
28.39%
32.28%
3.79%
13.46%
17.21%
17.14%
30.96%
25.39%
25.27%
31.76%
Other Income
2.02
10.07
1.92
-63.04
8.4
3.96
2.59
-8.54
6.04
2.39
4.66
4.89
2.54
Interest
3.4
4.24
4.16
4.68
4.52
1.13
2.55
1.77
4.79
7.74
10.53
11.74
12.28
Depreciation
3.1
3.55
3.5
3.23
3.41
1.99
2.77
3.3
4.65
6.12
8.38
8.89
10.65
PBT
6.36
8.59
1.61
-62.4
7.8
1.43
4.42
13.76
24.47
25.78
18.04
17.89
17.71
Tax %
45.6%
-0.35%
73.29%
1.54%
26.92%
9.09%
40.05%
0.8%
3.39%
-19.28%
6.37%
3.24%
24.51%
Net Profit
3.4
8.63
0.43
-63.4
5.59
1.15
2.18
12.9
22.79
30.79
14.64
12.62
1.64
EPS in Rs
0.22
0.5
0.03
-3.7
0.33
0.07
0.11
0.65
1.15
1.55
0.74
0.64
0.08
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
555
493
621
417
518
719
304
765
253
131
250
543
501
Expenses
540
497
616
447
719
693
289
771
239
97
208
412
359
Operating Profit
15
-4
4
-30
-200
26
15
-6
14
34
43
131
141
OPM %
2.8%
-0.8%
0.7%
-7%
-39%
3.6%
4.9%
-0.8%
6%
26%
17%
24%
28%
Other Income
14
12
20
-55
39
33
19
65
33
-49
6
18
14
Interest
18
14
23
27
33
43
31
18
14
17
10
35
42
Depreciation
3
1
1
4
7
7
9
9
11
13
11
28
34
PBT
8
-8
1
-117
-202
9
-6
32
22
-46
27
86
79
Tax %
3%
16%
245%
20%
6%
39%
-216%
-16%
23%
11%
15%
-3%
—
Net Profit
8
-9
-2
-140
-213
6
7
37
17
-51
22
81
60
EPS in Rs
0.57
-0.66
-0.13
-10.3
-16.05
0.44
0.4
2.19
1.02
-3.01
1.09
4.07
3.01
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
114
118
118
118
120
120
120
134
138
154
179
179
Reserves
126
119
74
-33
-141
-133
43
69
55
-7
160
244
Borrowings
234
259
255
320
358
373
177
164
117
148
224
502
Other Liabilities
250
316
253
236
228
141
60
85
145
108
88
206
Total Liabilities
724
812
700
641
564
501
400
453
455
404
651
1,130
Fixed Assets
191
196
93
239
176
178
174
190
187
257
318
870
CWIP
8
0
57
4
1
1
1
3
31
24
129
22
Investments
121
121
121
59
25
0
0
0
0
0
48
41
Other Assets
404
495
429
339
362
323
225
260
237
123
156
198
Total Assets
724
812
700
641
564
501
400
453
455
404
651
1,130
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
91
-47
60
55
16
-29
53
19
122
61
71
172
Investing
-1
9
32
-116
-70
57
1
-23
-30
-81
-159
-443
Financing
-88
16
-75
55
66
-27
-58
-13
-85
22
147
278
Net Cash Flow
1
-22
17
-7
12
2
-4
-17
7
2
59
7
Free Cash Flow
83
-48
106
-43
74
-39
47
-12
84
-15
-106
-284
CFO/OP
600
1,171
1,397
-190
-9
-103
345
-334
864
177
175
136
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
28
220
122
189
192
108
156
66
186
176
25
27
Inventory Days
7
1
2
13
4
5
4
1
8
18
10
18
Days Payable
16
135
17
12
41
55
30
18
139
253
65
15
Cash Conversion Cycle
18
86
107
190
154
58
130
48
55
-59
-30
30
Working Capital Days
-8
-74
-64
-118
-97
-55
100
52
105
-16
4
18
ROCE %
5%
2%
3%
-6%
-45%
23%
7%
15%
10%
11%
10%
16%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Ravindra Energy insights

62 extracted metrics + investor summaries across FY09–FY26.

Log in — free

Shareholding Pattern

DIIs2.99%Promot.58.26%FIIs3.27%Others13.11%Public22.37%As ofJun 2026
20.41% of promoter holding pledged as of Jun 2026

Documents

Frequently Asked Questions about Ravindra Energy

What does Ravindra Energy Ltd do?
Incorporated in 1980, Ravindra Energy Ltd is in the business of selling Solar Pumps, setting up Solar Generation Power Plant (Ground Mount & Rooftop) & generation and sale of Power[1]
Where is Ravindra Energy Ltd (RELTD) listed?
Ravindra Energy Ltd trades as RELTD on the NSE and under code 504341 on the BSE.
Which sector does Ravindra Energy Ltd belong to?
Ravindra Energy Ltd is classified under the Commercial Services sector, in the Trading & Distributors industry.
What is the market capitalisation of Ravindra Energy Ltd?
Ravindra Energy Ltd has a market capitalisation of ₹3,020 Cr, which places it in the Small Cap band.
What is the PE ratio of Ravindra Energy Ltd?
Ravindra Energy Ltd trades at a PE ratio of 51.71, against a book value of ₹31.37 per share.
What is the 52-week high and low of Ravindra Energy Ltd?
Over the last 52 weeks Ravindra Energy Ltd has traded between ₹114.59 and ₹196.45.
What is the Return on Equity (ROE) of Ravindra Energy Ltd?
Ravindra Energy Ltd reported a return on equity of 6.58%. Its debt-to-equity ratio is 1.19.

Company Information

Incorporated in 1980, Ravindra Energy Ltd is in the business of selling Solar Pumps, setting up Solar Generation Power Plant (Ground Mount & Rooftop) & generation and sale of Power[1]

Website ravindraenergy.com
CEO Dr. Vidya Madhusudan Murkumbi
Employees 96
Listed 2024-07-30
Face Value ₹ 10
Issued Size 17,85,54,463

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/RELTD.md for Ravindra Energy Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our MCP server.

Explore More

More in Commercial Services → FII DII Data Stock Screener Nifty 50 Heatmap F&O Ban List