Energy Development

₹23.3 0.2 | 1%

WEBSITE BSE:532219 NSE : ENERGY DEV. 18 May, 12:50

Market Cap ₹111 Cr.

Stock P/E 24.2

P/B 1

Current Price ₹23.3

Book Value ₹ 22.4

Face Value 10

52W High ₹36.7

Dividend Yield 0%

52W Low ₹ 15.6

Edit Ratio

Energy Development Research see more...

Overview Inc. Year: 1995Industry: Power Generation/Distribution

Energy Development Share Price

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Price: NSE50 DMA200 DMAVolume

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Peer Comparison

Energy Development Quarterly Results

#(Fig in Cr.)	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Jun 2023	Sep 2023	Dec 2023
Net Sales	9	18	12	5	8	17	10	6	11	9
Other Income	1	1	1	1	2	1	1	0	0	0
Total Income	9	18	12	6	10	17	10	6	11	10
Total Expenditure	3	3	2	4	3	3	3	3	3	3
Operating Profit	7	15	10	1	7	14	7	3	8	7
Interest	5	5	5	3	4	4	4	3	3	3
Depreciation	3	3	3	3	3	3	3	3	3	3
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	-1	8	2	-4	0	7	1	-2	3	1
Provision for Tax	0	-1	-0	-1	-0	-0	-0	-0	-0	-0
Profit After Tax	-1	8	3	-3	1	8	1	-2	3	2
Adjustments	0	0	0	0	0	0	0	0	-0	-0
Profit After Adjustments	-0	9	3	-3	1	8	2	-2	3	2
Adjusted Earnings Per Share	-0.1	1.9	0.6	-0.6	0.2	1.7	0.3	-0.3	0.6	0.3

Energy Development Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	51	49	38	149	115	60	35	30	31	43	37	36
Other Income	4	9	8	1	1	2	4	2	2	3	5	1
Total Income	55	58	46	150	116	62	39	32	34	46	42	37
Total Expenditure	40	19	11	134	107	40	20	18	15	12	13	12
Operating Profit	15	40	35	16	10	22	19	14	19	33	29	25
Interest	11	42	37	20	30	21	20	18	19	15	14	13
Depreciation	7	10	12	11	11	12	11	10	10	10	10	12
Exceptional Income / Expenses	0	0	0	0	37	0	0	0	0	0	0	0
Profit Before Tax	-2	-12	-13	-15	5	-10	-12	-14	-10	8	5	3
Provision for Tax	-5	-2	1	1	1	3	-5	-10	-4	-2	1	0
Profit After Tax	3	-10	-14	-15	4	-13	-7	-4	-6	10	4	4
Adjustments	0	0	-0	0	1	1	1	1	2	0	0	0
Profit After Adjustments	3	-10	-14	-15	5	-12	-6	-3	-5	10	4	5
Adjusted Earnings Per Share	1.1	-3.7	-5.1	-3.2	1	-2.5	-1.2	-0.6	-1	2	0.9	0.9

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	-14%	7%	-9%	-3%
Operating Profit CAGR	-12%	27%	6%	7%
PAT CAGR	-60%	0%	0%	3%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	34%	32%	27%	2%
ROE Average	4%	2%	-1%	-4%
ROCE Average	7%	7%	5%	5%

Energy Development Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	164	152	328	310	123	108	100	94	89	99	103
Minority's Interest	0	0	0	0	-1	-2	-4	-5	-7	-7	-7
Borrowings	246	286	131	118	149	155	161	155	157	98	94
Other Non-Current Liabilities	2	0	1	0	1	3	3	-3	-8	-12	-11
Total Current Liabilities	55	49	32	83	128	96	88	97	103	161	165
Total Liabilities	466	487	491	512	400	360	348	339	335	340	345
Fixed Assets	91	230	217	207	197	203	192	182	172	162	151
Other Non-Current Assets	330	224	250	255	85	48	53	55	53	53	64
Total Current Assets	46	33	24	50	118	108	103	102	110	126	130
Total Assets	466	487	491	512	400	360	348	339	335	340	345

Energy Development Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	1	6	2	4	5	2	6	0	2	2	5
Cash Flow from Operating Activities	20	39	23	10	6	17	15	18	15	28	19
Cash Flow from Investing Activities	-71	-42	-14	-26	-5	9	-2	-1	-4	-11	-5
Cash Flow from Financing Activities	57	-1	-8	16	-4	-22	-19	-15	-11	-15	-13
Net Cash Inflow / Outflow	5	-4	2	1	-3	4	-5	2	-0	3	1
Closing Cash & Cash Equivalent	6	2	4	5	2	6	0	2	2	5	6

Energy Development Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	1.06	-3.74	-5.07	-3.18	0.98	-2.45	-1.17	-0.64	-1.01	2.01	0.89
CEPS(Rs)	3.45	-0.03	-0.76	-0.86	3.13	-0.3	0.86	1.26	0.85	4.18	3.06
DPS(Rs)	0.8	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0	0	0
Book NAV/Share(Rs)	47.35	43.02	38.07	31.45	25.87	22.8	21.01	19.77	18.81	20.87	21.77
Core EBITDA Margin(%)	21.55	61.81	71.62	10.31	7.57	33.41	44.09	41.38	53.3	71.24	66.21
EBIT Margin(%)	15.83	59.57	61.35	3.41	30.81	17.36	23.08	13.22	27.3	53.14	50.96
Pre Tax Margin(%)	-4.79	-25.18	-35.18	-9.77	4.4	-16.93	-33.4	-47.96	-32.71	18.42	14.13
PAT Margin (%)	5.7	-20.89	-36.53	-10.11	3.44	-21.88	-20.19	-14.94	-20.2	22.21	11.25
Cash Profit Margin (%)	18.45	-0.19	-5.45	-2.73	12.89	-2.36	11.74	19.98	12.91	46.22	38.78
ROA(%)	0.67	-2.16	-2.85	-3.01	0.87	-3.45	-1.99	-1.3	-1.88	2.83	1.23
ROE(%)	2.25	-8.28	-12.5	-11.89	2.92	-11.34	-6.78	-4.62	-6.9	10.13	4.16
ROCE(%)	2.1	6.72	5.1	1.12	9.75	3.69	2.99	1.52	3.37	8.94	7.33
Receivable days	165.79	162.8	137.1	54.14	126.12	256.52	392.53	442.9	430.51	328.69	394.66
Inventory Days	40.35	32.67	32.61	7.21	5.73	7.93	15.56	15.21	9.81	6.62	7
Payable days	0	2611.63	0	5472.7	0	0	0	7655.51	0	0	0
PER(x)	14.7	0	0	0	33.48	0	0	0	0	10.42	17.68
Price/Book(x)	0.33	0.37	0.41	2.19	1.27	0.78	0.33	0.23	0.47	1	0.72
Dividend Yield(%)	5.11	3.13	3.22	0.72	1.53	2.8	7.31	11.24	0	0	0
EV/Net Sales(x)	6.32	7.48	10.46	4.08	2.72	4.03	5.62	5.94	6.44	5.65	5.71
EV/Core EBITDA(x)	22.12	9.32	11.31	37.8	32.68	10.93	10.22	12.35	10.66	7.32	7.27
Net Sales Growth(%)	-21.01	-4.17	-22.46	291.66	-22.78	-48.09	-41.67	-14.31	4.52	37.35	-12.89
EBIT Growth(%)	-60.53	260.72	-20.15	-78.2	596.57	-70.75	-22.44	-50.91	115.75	167.4	-16.46
PAT Growth(%)	-59.13	-451.22	-35.55	-8.39	126.31	-429.7	46.16	36.61	-41.3	251.06	-55.87
EPS Growth(%)	-59.13	-451.23	-35.6	37.27	130.76	-350.45	52.11	45.53	-57.33	300.05	-55.9
Debt/Equity(x)	1.58	1.96	0.43	0.42	1.35	1.53	1.66	1.71	1.82	1.61	1.53
Current Ratio(x)	0.84	0.67	0.76	0.6	0.92	1.13	1.17	1.05	1.07	0.78	0.79
Quick Ratio(x)	0.76	0.6	0.65	0.57	0.91	1.12	1.15	1.04	1.06	0.77	0.78
Interest Cover(x)	0.77	0.7	0.64	0.26	1.17	0.51	0.41	0.22	0.45	1.53	1.38
Total Debt/Mcap(x)	6.02	6.77	3.28	0.4	1.07	1.95	5.1	7.58	3.85	1.61	2.13

Energy Development Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	58.14	58.14	58.14	58.14	58.14	58.14	58.14	58.14	58.14	58.14
FII	0	0	0	0	0.01	0	0	0	0.12	0.04
DII	0	0	0	0	0	0	0	0	0	0
Public	41.86	41.86	41.86	41.86	41.85	41.86	41.86	41.86	41.75	41.82
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	2.76	2.76	2.76	2.76	2.76	2.76	2.76	2.76	2.76	2.76
FII	0	0	0	0	0	0	0	0	0.01	0
DII	0	0	0	0	0	0	0	0	0	0
Public	1.99	1.99	1.99	1.99	1.99	1.99	1.99	1.99	1.98	1.99
Others	0	0	0	0	0	0	0	0	0	0
Total	4.75	4.75	4.75	4.75	4.75	4.75	4.75	4.75	4.75	4.75

Pros

Company has reduced debt.

Cons

Company has a low return on equity of 2% over the last 3 years.

* 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.