Urja Global

₹21 0 | 0.2%

WEBSITE BSE:526987 NSE : URJA 10 May, 16:01

Market Cap ₹1170 Cr.

Stock P/E 452.6

P/B 6.6

Current Price ₹21

Book Value ₹ 3.2

Face Value 1

52W High ₹41.8

Dividend Yield 0%

52W Low ₹ 7.5

Edit Ratio

Urja Global Research see more...

Overview Inc. Year: 1992Industry: Power Generation/Distribution

Urja Global Ltd (Urja) is an India-based enterprise, that's engaged in growing and operating non-renewable and renewable energy. The Company is engaged in layout, consultancy, integration, deliver, installation, commissioning and renovation of off-grid and grid connected solar power plants and decentralized solar software. Its merchandise are Urja sun water heater, Urja e-rikshaw battery, Urja Complete Solar LED Street Light, Urja Solar Roof Top System, Urja Solar Mini Home Light, Urja Solar PV Panels, Urja Inverter Battery, Urja Solar Lantern, Urja Solar Battery, Urja LED Bulb and Urja Solar Charge Controller. Its e-rickshaw battery consists of Bold 120 ampere-hour (Ah) and Dynamic 100Ah. Its enterprise cognizance is on segments, including sun modules, hybrid inverters and batteries. It has various solar initiatives across India, consisting of its Haryana project, that's of 5 megawatt (MW); Gujarat mission, that is of 100 MW, and Andhra Pradesh venture, which is of 100 MW.

Urja Global Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Urja Global Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	11	25	41	10	9	10	11	10	11	11
Other Income	0	0	0	0	0	1	0	0	0	0
Total Income	11	25	41	11	10	10	11	10	11	11
Total Expenditure	11	24	40	10	8	9	11	9	10	10
Operating Profit	1	1	1	0	1	1	1	1	1	1
Interest	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	0	0	0	0	1	1	0	1	1	1
Provision for Tax	0	0	0	0	0	0	0	0	0	0
Profit After Tax	0	0	0	0	1	1	0	1	1	1
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	0	0	0	0	1	1	0	1	1	1
Adjusted Earnings Per Share	0	0	0	0	0	0	0	0	0	0

Urja Global Profit & Loss

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	114	121	128	128	133	136	164	148	73	40	43
Other Income	0	0	1	1	2	2	2	3	2	2	0
Total Income	114	121	129	129	135	139	165	152	75	41	43
Total Expenditure	113	120	125	126	134	137	162	149	72	38	40
Operating Profit	1	1	3	3	1	2	3	3	2	3	4
Interest	0	1	1	1	1	1	1	1	1	1	0
Depreciation	0	1	1	1	1	0	0	0	0	0	0
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	1	-1	2	2	-0	1	2	2	1	2	3
Provision for Tax	0	0	1	1	1	1	1	0	0	0	0
Profit After Tax	1	-2	1	1	-1	0	1	2	1	2	3
Adjustments	0	0	0	0	-0	0	0	0	-0	-0	0
Profit After Adjustments	1	-1	1	1	-1	0	1	2	1	2	3
Adjusted Earnings Per Share	0	-0	0	0	-0	0	0	0	0	0	0

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	-45%	-38%	-21%	0%
Operating Profit CAGR	50%	0%	25%	0%
PAT CAGR	100%	26%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	170%	50%	53%	33%
ROE Average	1%	1%	1%	0%
ROCE Average	2%	1%	1%	1%

Urja Global Balance Sheet

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	154	152	153	155	154	154	155	167	170	172
Minority's Interest	9	9	9	9	9	9	9	9	9	9
Borrowings	0	1	1	0	0	0	4	3	3	3
Other Non-Current Liabilities	0	-0	-0	-0	-0	-0	-0	260	330	66
Total Current Liabilities	4	28	17	46	136	194	318	91	51	35
Total Liabilities	167	191	180	210	300	357	486	529	565	285
Fixed Assets	123	138	139	50	138	49	48	48	48	48
Other Non-Current Assets	35	31	12	89	1	89	90	409	418	182
Total Current Assets	9	22	30	71	161	219	348	72	98	55
Total Assets	167	191	180	210	300	357	486	529	565	285

Urja Global Cash Flow

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	1	0	0	8	0	0	0	0	0
Cash Flow from Operating Activities	13	-2	8	-9	-1	-1	-7	-8	1
Cash Flow from Investing Activities	-12	4	0	2	2	2	2	-1	1
Cash Flow from Financing Activities	-1	-2	-1	-1	-1	-1	6	9	-1
Net Cash Inflow / Outflow	-0	-0	8	-8	-0	0	-0	-0	0
Closing Cash & Cash Equivalent	0	0	8	0	0	0	0	0	1

Urja Global Ratios

#	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0.02	-0.03	0.02	0.02	-0.02	0	0.02	0.03	0.01	0.03
CEPS(Rs)	0.02	-0.01	0.03	0.03	-0.01	0.01	0.03	0.04	0.02	0.03
DPS(Rs)	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	2.9	2.88	2.9	2.92	2.9	2.9	2.92	2.98	3.18	3.21
Core EBITDA Margin(%)	1.12	0.44	2.11	1.55	-0.45	-0.34	0.7	-0.13	0.7	3.45
EBIT Margin(%)	1.13	-0.26	2.07	1.97	0.39	0.9	1.56	1.89	2.38	7.29
Pre Tax Margin(%)	1.05	-1.24	1.22	1.22	-0.22	0.4	1.07	1.47	1.36	5
PAT Margin (%)	0.7	-1.25	0.83	0.81	-0.65	0	0.69	1.17	1.05	3.85
Cash Profit Margin (%)	0.71	-0.44	1.38	1.3	-0.24	0.35	0.93	1.4	1.52	4.64
ROA(%)	0.48	-0.85	0.57	0.53	-0.34	0	0.27	0.34	0.14	0.36
ROE(%)	0.52	-0.99	0.7	0.67	-0.56	0	0.73	1.08	0.46	0.89
ROCE(%)	0.84	-0.2	1.64	1.57	0.33	0.77	1.6	1.7	1	1.63
Receivable days	21.1	29.07	44.86	80.79	233.18	428.19	557.81	437.57	256.89	319.56
Inventory Days	2.22	13.61	26.11	29.44	21.09	14.56	17.71	21.63	54.22	155.79
Payable days	0	2883.26	-2601.65	0	4906.18	0	0	0	-3558.79	-1271.29
PER(x)	73.27	0	65.24	71.49	0	0	43.8	210.26	1202.08	241.4
Price/Book(x)	0.38	0.86	0.45	0.48	1.62	0.93	0.32	2.2	5.44	2.14
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	0.52	1.16	0.6	0.56	1.91	1.09	0.33	2.49	12.67	9.43
EV/Core EBITDA(x)	45.88	208.49	22.92	23	236.81	87.56	18.47	117.07	445.04	116.77
Net Sales Growth(%)	0	5.64	5.88	0.29	3.87	2.32	19.93	-9.23	-50.85	-45.76
EBIT Growth(%)	0	-124.13	946.76	-4.74	-79.27	134.6	107.82	10.22	-38.23	66.17
PAT Growth(%)	0	-289.31	170.27	-2.69	-183.55	100.46	0	54.94	-55.75	98.49
EPS Growth(%)	0	-289.38	170.28	-2.75	-183.61	100.58	0	47.17	-53.85	97.92
Debt/Equity(x)	0.01	0.06	0.05	0.04	0.04	0.04	0.04	0.03	0.03	0.04
Current Ratio(x)	2.5	0.8	1.81	1.55	1.18	1.13	1.09	0.79	1.91	1.57
Quick Ratio(x)	2.31	0.5	1.21	1.31	1.15	1.1	1.06	0.7	1.82	1.98
Interest Cover(x)	14.23	-0.27	2.45	2.62	0.64	1.81	3.21	4.43	2.34	3.18
Total Debt/Mcap(x)	0.02	0.07	0.11	0.09	0.02	0.04	0.12	0.01	0.01	0.02

Urja Global Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	31.97	31.97	31.97	30.45	30.18	28.65	27.14	22.56	20.32	19.43
FII	0.07	0.02	0	0	0	0	0.01	0.07	0	0.06
DII	0.01	0.01	0.01	0	0	0	0	0	0	0
Public	67.95	68	68.02	69.54	69.81	71.34	72.85	77.37	79.67	80.5
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	17.81	17.81	17.81	16	16.82	15.97	15.12	12.57	11.33	10.83
FII	0.04	0.01	0	0	0	0	0.01	0.04	0	0.03
DII	0.01	0.01	0.01	0	0	0	0	0	0	0
Public	37.86	37.89	37.9	36.54	38.9	39.75	40.59	43.11	44.39	44.86
Others	0	0	0	0	0	0	0	0	0	0
Total	55.72	55.72	55.72	52.55	55.72	55.72	55.72	55.72	55.72	55.72

Pros

Company is almost debt free.

Cons

Promoter holding is low: 19.43%.
Company has a low return on equity of 1% over the last 3 years.
Debtor days have increased from -3558.79 to -1271.29days.
Stock is trading at 6.6 times its book value.

* 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.