Sharescart Research Club logo

IRM Energy Overview

IRM Energy Ltd is a dynamic and forward-thinking company operating in the energy sector. Established with a commitment to sustainable solutions, IRM Energy specializes in renewable energy projects, with a focus on solar and wind power. The company is dedicated to fostering a greener future by providing clean and efficient energy alternatives. With a team of experienced professionals, IRM Energy leverages innovative technologies to develop and implement cost-effective, environmentally friendly energy solutions. Their strategic approach aligns wi...Read More

Want to Start Investing in Top Unlisted Stocks?

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

IRM Energy Key Financials

Market Cap ₹1170 Cr.

Stock P/E 24.9

P/B 1.2

Current Price ₹285

Book Value ₹ 236.5

Face Value 10

52W High ₹394.1

Dividend Yield 0.53%

52W Low ₹ 235.9

IRM Energy Share Price

₹ | |

Volume
Price

IRM Energy Quarterly Price

Show Value Show %

IRM Energy Peer Comparison

IRM Energy Quarterly Results

#(Fig in Cr.) Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 245 237 243 232 244 250 273 289 285 282
Other Income 3 4 7 10 9 9 7 9 8 6
Total Income 249 240 250 241 253 259 280 298 294 287
Total Expenditure 203 195 201 209 214 224 251 272 260 255
Operating Profit 45 45 49 32 40 36 29 26 34 32
Interest 6 5 7 9 5 6 5 6 4 3
Depreciation 6 6 7 7 8 9 8 10 11 10
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 34 34 35 16 26 21 16 11 20 19
Provision for Tax 6 6 11 5 8 8 5 6 5 5
Profit After Tax 28 28 24 11 19 13 11 5 14 14
Adjustments -1 -2 -1 -2 -0 -1 -1 -0 -0 -2
Profit After Adjustments 27 26 24 9 19 12 10 4 14 13
Adjusted Earnings Per Share 8.9 8.6 5.8 2.2 4.6 2.9 2.5 1.1 3.4 3.1

IRM Energy Profit & Loss

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 166 212 507 980 891 975 1129
Other Income 0 1 3 6 24 34 30
Total Income 166 213 510 986 914 1010 1159
Total Expenditure 116 139 321 868 742 879 1038
Operating Profit 50 74 189 118 173 131 121
Interest 10 16 22 23 27 22 18
Depreciation 9 12 15 21 26 35 39
Exceptional Income / Expenses 0 0 0 0 0 0 0
Profit Before Tax 31 46 152 74 119 74 66
Provision for Tax 10 11 39 18 28 27 21
Profit After Tax 21 35 114 56 91 47 44
Adjustments -0 -0 14 7 -6 -2 -3
Profit After Adjustments 21 35 128 63 86 45 41
Adjusted Earnings Per Share 6.6 12 43.6 20.9 20 10.2 10.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 9% 24% 42% 0%
Operating Profit CAGR -24% -12% 21% 0%
PAT CAGR -48% -26% 17% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -24% NA% NA% NA%
ROE Average 5% 13% 28% 28%
ROCE Average 9% 14% 23% 22%

IRM Energy Balance Sheet

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 75 118 244 346 932 951
Minority's Interest 0 0 0 0 0 -0
Borrowings 145 158 187 282 113 52
Other Non-Current Liabilities 19 29 46 70 50 62
Total Current Liabilities 28 33 78 94 202 205
Total Liabilities 267 338 555 793 1297 1270
Fixed Assets 198 241 300 381 557 649
Other Non-Current Assets 43 40 113 187 162 143
Total Current Assets 27 58 141 226 577 477
Total Assets 267 338 555 793 1297 1270

IRM Energy Cash Flow

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 8 12 26 59 49 258
Cash Flow from Operating Activities 31 45 129 47 120 94
Cash Flow from Investing Activities -62 -42 -110 -175 -291 -199
Cash Flow from Financing Activities 35 10 15 118 380 -116
Net Cash Inflow / Outflow 4 14 33 -10 209 -221
Closing Cash & Cash Equivalent 12 26 59 49 258 36

IRM Energy Ratios

# Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 6.6 12.03 43.59 20.87 20.01 10.16
CEPS(Rs) 11.16 16.25 43.79 25.56 28.73 19.94
DPS(Rs) 0.1 0 0 0.5 1.5 1.5
Book NAV/Share(Rs) 27.55 40.55 82.98 114.48 226.93 231.54
Core EBITDA Margin(%) 30.01 34.56 34.14 10.8 15.55 9.11
EBIT Margin(%) 24.75 29.24 31.94 9.36 15.27 9.07
Pre Tax Margin(%) 18.91 21.76 27.9 7.16 12.49 6.98
PAT Margin (%) 12.73 16.58 20.79 5.43 9.56 4.45
Cash Profit Margin (%) 18.27 22.25 23.55 7.44 12.33 7.75
ROA(%) 7.89 11.61 25.44 8.38 8.76 3.67
ROE(%) 28.22 36.53 62.86 19.13 14.32 5
ROCE(%) 18.51 24.66 47.97 17.75 16.31 8.64
Receivable days 10.35 13.68 11.33 10.77 14.38 13.93
Inventory Days 1.53 1.29 0.84 0.64 1.18 1.53
Payable days 38.87 40.9 25.84 13.16 17.07 13.85
PER(x) 0 0 0 0 23.46 27.41
Price/Book(x) 0 0 0 0 2.07 1.2
Dividend Yield(%) 0 0 0 0 0.32 0.54
EV/Net Sales(x) 0.94 0.71 0.26 0.24 1.85 0.95
EV/Core EBITDA(x) 3.1 2.04 0.7 1.99 9.56 7.06
Net Sales Growth(%) 0 27.86 139.44 93.26 -9.14 9.54
EBIT Growth(%) 0 51.1 181.62 -44.22 50.25 -34.4
PAT Growth(%) 0 66.54 223.29 -50.29 62.09 -48.58
EPS Growth(%) 0 82.24 262.32 -52.13 -4.1 -49.24
Debt/Equity(x) 1.96 1.39 0.83 0.88 0.23 0.13
Current Ratio(x) 0.95 1.75 1.81 2.41 2.86 2.32
Quick Ratio(x) 0.93 1.72 1.78 2.38 2.84 2.3
Interest Cover(x) 4.24 3.91 7.9 4.25 5.48 4.34
Total Debt/Mcap(x) 0 0 0 0 0.11 0.11

IRM Energy Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Promoter 50.07 50.07 50.07 50.07 50.07 50.07 50.07 50.07
FII 0.5 1.08 0.48 1.9 1.66 1.68 1.63 1.57
DII 12.59 12.87 11.17 6.76 6.96 6.62 5.64 4.98
Public 36.84 35.98 38.28 41.28 41.31 41.63 42.66 43.38
Others 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100

IRM Energy News

IRM Energy Pros & Cons

Pros

  • Debtor days have improved from 17.07 to 13.85days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 13% over the last 3 years.
whatsapp