Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹350 Cr.
Stock P/E
25.8
P/B
4.4
Current Price
₹245
Book Value
₹ 55.7
Face Value
10
52W High
₹278.6
52W Low
₹ 77.5
Dividend Yield
0%

GRE Renew Enertech Overview

Business

GRE Renew Enertech Ltd. operates in the Engineering - Construction sector in India. Based on its name, the company is likely involved in providing engineering, procurement, and construction (EPC) services, potentially with a specialization or focus on renewable energy projects and related infrastructure. Its core business model would involve bidding for and executing construction projects, ranging from energy infrastructure to general civil works. The company generates revenue through project-based contracts, receiving payments at various stages of project completion or upon milestones.

Revenue Mix

Without specific financial disclosures, the exact revenue mix and key segments are not ascertainable. However, given its sector, typical revenue streams would derive from various types of construction contracts, which could include:

EPC contracts for solar farms, wind power projects, or other renewable energy installations.

Civil construction works.

Infrastructure development projects.

Revenue would primarily be project-driven, with no specific breakdown of contribution available from the provided information.

Industry

The Engineering - Construction sector in India is highly competitive, characterized by numerous domestic and international players. It is cyclical, heavily influenced by government infrastructure spending, industrial growth, and economic policies. The industry structure ranges from large, diversified conglomerates to specialized niche players. Given the "Renew Enertech" in its name, GRERENEW likely positions itself as an EPC contractor with potential expertise or focus in the burgeoning renewable energy infrastructure segment within India. Its positioning relative to peers would depend on its project execution capabilities, technological expertise, financial strength, and client relationships, particularly within the renewable energy value chain.

MOAT

Given the limited information, it is challenging to identify a strong, durable competitive advantage. In the construction sector, potential moats often stem from:

Specialized Expertise: If GRE Renew Enertech possesses unique technical know-how or certifications in renewable energy construction that are difficult for competitors to replicate.

Client Relationships: Long-standing relationships with key clients (e.g., government bodies, independent power producers) that result in repeat business.

Project Execution Track Record: A proven history of delivering complex projects on time and within budget, building trust and reputation.

Cost Efficiency: Ability to execute projects at a lower cost structure due to efficient supply chains or operational excellence.

However, without specific details, these remain potential areas rather than confirmed moats. The general construction sector is often characterized by lower moats due to tender-based competition.

Growth Drivers

Key factors that could drive GRE Renew Enertech Ltd.'s growth over the next 3-5 years include:

Government Focus on Infrastructure: India's continued thrust on infrastructure development, including roads, railways, ports, and smart cities.

Renewable Energy Targets: India's ambitious targets for increasing renewable energy capacity, creating significant demand for EPC services in this sector.

Urbanization & Industrialization: Growing urban populations and industrial expansion necessitate new commercial, residential, and industrial construction projects.

Foreign Investment: Increased foreign direct investment (FDI) into India's infrastructure and industrial sectors.

Technological Advancements: Adoption of new construction technologies and digital tools to improve efficiency and project delivery.

Risks

GRE Renew Enertech Ltd. faces several inherent risks common to the Engineering - Construction sector:

Project Execution Risks: Delays, cost overruns, quality issues, and unforeseen technical challenges can erode profitability.

Intense Competition: The sector is fragmented and highly competitive, leading to pricing pressure and potentially lower margins.

Economic Cycles & Government Policy: Dependency on government spending, economic growth, and regulatory changes (e.g., environmental norms, land acquisition policies).

Working Capital Management: Construction projects are capital-intensive and require efficient management of working capital, with potential for liquidity issues due to delayed payments from clients.

Raw Material Price Volatility: Fluctuations in prices of key construction materials (e.g., cement, steel) can impact project costs.

Regulatory & Environmental Risks: Compliance with environmental regulations, obtaining permits, and potential legal challenges related to project sites.

Management & Ownership

As an Indian company, it is common for the company to have promoter-driven ownership. Without specific details, the quality of management would depend on the promoters' vision, execution capabilities, industry experience, and corporate governance standards. In the context of "Renew Enertech," the management team's expertise in renewable energy project development and execution would be crucial. The ownership structure typically involves a significant stake held by the founding family or group (promoters) with the remainder held by public shareholders.

Outlook

GRE Renew Enertech Ltd. operates within a dynamic and growth-oriented sector in India. The overarching governmental focus on infrastructure development, combined with aggressive renewable energy targets, presents a robust pipeline of opportunities for engineering and construction companies. Its potential specialization in renewable energy could position it to capitalize on this significant structural shift. However, the company must contend with the inherent challenges of the construction industry, including intense competition, project execution risks, and the need for efficient working capital management. Sustained growth and profitability will depend on its ability to secure new projects, deliver them efficiently, manage costs effectively, and maintain strong client relationships in a highly competitive and often cyclical environment.

GRE Renew Enertech Share Price

Live · BSE · Inception: 2008
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

GRE Renew Enertech Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

GRE Renew Enertech Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 36 52 90 84 123
Other Income 1 1 2 1 3
Total Income 37 53 92 84 126
Total Expenditure 35 51 79 74 107
Operating Profit 2 2 13 10 19
Interest 1 0 0 0 0
Depreciation 0 0 0 0 1
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 1 2 13 9 18
Provision for Tax 0 1 3 2 5
Profit After Tax 1 1 10 7 14
Adjustments 0 0 0 0 0
Profit After Adjustments 1 1 10 7 14
Adjusted Earnings Per Share 0.9 0.9 9.9 6.7 9.5

GRE Renew Enertech Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 10 11 21 31 80
Minority's Interest 0 0 0 0 0
Borrowings 3 1 2 1 1
Other Non-Current Liabilities 0 0 0 0 1
Total Current Liabilities 6 39 26 13 24
Total Liabilities 19 52 49 45 106
Fixed Assets 9 3 2 5 15
Other Non-Current Assets 1 1 2 10 15
Total Current Assets 9 48 44 31 76
Total Assets 19 52 49 45 106

GRE Renew Enertech Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 3 2 2 6 7
Cash Flow from Operating Activities -0 -3 6 10 5
Cash Flow from Investing Activities -0 6 -1 -10 -15
Cash Flow from Financing Activities -1 -3 -1 -0 35
Net Cash Inflow / Outflow -1 -0 5 0 24
Closing Cash & Cash Equivalent 2 2 6 7 31

GRE Renew Enertech Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 0.91 0.89 9.91 6.68 9.5
CEPS(Rs) 1.32 1.27 10.18 7.01 10
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 9.78 11.14 21.03 29.67 55.74
Core EBITDA Margin(%) 3.01 2.62 12.71 11.29 13.27
EBIT Margin(%) 5.58 3.61 14.42 11.69 15.02
Pre Tax Margin(%) 3.87 2.91 13.98 11.31 14.72
PAT Margin (%) 2.55 1.71 10.96 8.39 11.05
Cash Profit Margin (%) 3.7 2.42 11.26 8.81 11.63
ROA(%) 4.77 2.52 19.66 14.85 17.92
ROE(%) 9.32 8.54 61.58 26.88 24.49
ROCE(%) 11.36 11.28 62.78 33.51 32.31
Receivable days 27.75 16.4 15 31.46 27.88
Inventory Days 34.58 26.01 17.91 19.66 23.37
Payable days 15.86 9.22 4.03 14.24 31.1
PER(x) 0 0 0 0 10
Price/Book(x) 0 0 0 0 1.7
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.2 0.08 -0.01 0.06 0.87
EV/Core EBITDA(x) 2.95 1.91 -0.04 0.53 5.57
Net Sales Growth(%) 0 45.92 73 -7.33 46.83
EBIT Growth(%) 0 -5.49 590.33 -24.86 88.62
PAT Growth(%) 0 -2.04 1009.58 -29.09 93.31
EPS Growth(%) 0 -2.04 1009.58 -32.6 42.33
Debt/Equity(x) 0.8 0.43 0.22 0.05 0.02
Current Ratio(x) 1.56 1.23 1.71 2.43 3.19
Quick Ratio(x) 0.98 1.12 1.53 2.09 2.71
Interest Cover(x) 3.26 5.17 33.31 30.49 50.59
Total Debt/Mcap(x) 0 0 0 0 0.01

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +46% +33% — —
Operating Profit CAGR +90% +112% — —
PAT CAGR +100% +141% — —
Share Price CAGR — — — —
ROE Average +24% +38% +26% +26%
ROCE Average +32% +43% +30% +30%

GRE Renew Enertech Shareholding Pattern

Latest · Sep 2026
100% held
Promoters 68.59 %
FII 0 %
DII (MF + Insurance) 5.72 %
Public (retail) 25.69 %
# Dec 2025 Jan 2026 Mar 2026 Jun 2026 Sep 2026
Promoter 069.9969.9969.9968.59
FII 00.730.550.380
DII 010.198.537.425.72
Public 019.0920.9322.2125.69
Others 00000
Total 100100100100100

GRE Renew Enertech Peer Comparison

Engineering - Construction Edit Columns

GRE Renew Enertech Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

See more…

GRE Renew Enertech Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 38%
  • Company is almost debt free.

Cons

    0
  • Debtor days have increased from 14.24 to 31.1days.
  • Stock is trading at 4.4 times its book value.
Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

whatsapp