Sharescart Research Club logo

Veer Energy & Infra Overview

Veer Energy & Infrastructure Ltd. is an Indian renewable energy and infrastructure company headquartered in Mumbai, Maharashtra, founded in 2006 and listed on the Bombay Stock Exchange (BSE). The company focuses on the development, construction and operation of renewable energy projects, particularly wind energy infrastructure, where it builds facilities for the installation of wind turbine generators (WTGs) and operates wind farms across high‑wind potential states such as Gujarat, Rajasthan, Maharashtra and Tamil Nadu. It engages in all stag...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.

Veer Energy & Infra Key Financials

Market Cap ₹20 Cr.

Stock P/E 110.7

P/B 0.3

Current Price ₹13.6

Book Value ₹ 43.5

Face Value 10

52W High ₹21.4

Dividend Yield 0%

52W Low ₹ 9.1

Veer Energy & Infra Share Price

₹ | |

Volume
Price

Veer Energy & Infra Quarterly Price

Show Value Show %

Veer Energy & Infra Peer Comparison

Veer Energy & Infra Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 1 3 3 1 4 2 2 1 3 1
Other Income 1 1 1 1 0 0 2 1 1 1
Total Income 2 4 4 2 5 3 4 1 3 1
Total Expenditure 2 3 4 1 4 2 5 1 3 1
Operating Profit -0 1 0 1 1 0 -1 0 0 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 0 -1 0 0 0
Provision for Tax 0 0 -0 0 0 0 -0 0 0 0
Profit After Tax -0 0 0 0 0 0 -1 0 0 0
Adjustments 0 -0 0 0 0 0 -0 0 0 0
Profit After Adjustments -0 0 0 0 0 0 -1 0 0 0
Adjusted Earnings Per Share -0.2 0 0.1 0.2 0.3 0 -0.4 0.2 0.1 0.2

Veer Energy & Infra Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 48 49 18 14 17 6 8 5 6 9 10 7
Other Income 0 0 1 2 1 2 1 2 2 3 3 5
Total Income 48 49 19 16 18 8 9 7 8 12 14 9
Total Expenditure 44 46 17 13 15 6 7 5 6 10 13 10
Operating Profit 4 3 3 3 3 2 2 2 2 1 1 0
Interest 1 0 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 1 1 1 1 1 0
Exceptional Income / Expenses 0 0 0 0 0 -1 -0 0 -1 -0 0 0
Profit Before Tax 2 2 1 2 2 0 0 1 -0 0 0 -1
Provision for Tax 0 0 -0 -0 0 -0 0 -0 -0 -0 0 0
Profit After Tax 2 2 1 3 1 0 0 1 0 0 0 -1
Adjustments 0 0 0 0 0 0 0 0 -0 -0 0 0
Profit After Adjustments 2 2 1 3 1 0 0 1 0 0 0 -1
Adjusted Earnings Per Share 2 1.6 1.2 1.7 0.7 0.2 0.2 0.5 0 0.2 0.1 0.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 11% 26% 11% -15%
Operating Profit CAGR 0% -21% -13% -13%
PAT CAGR 0% -100% 0% -100%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -27% 12% 16% -10%
ROE Average 0% 0% 1% 2%
ROCE Average 0% 0% 1% 2%

Veer Energy & Infra Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 45 46 50 61 62 62 63 64 64 64 64
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 3 1 1 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 5 6 9 7 6 2 2 2 2 2 1
Total Current Liabilities 20 19 1 3 2 3 1 1 1 4 7
Total Liabilities 73 72 61 71 70 67 66 66 66 70 72
Fixed Assets 16 16 16 15 16 12 9 9 7 6 5
Other Non-Current Assets 24 31 14 12 3 3 6 6 7 7 7
Total Current Assets 33 25 31 45 51 53 51 51 52 58 60
Total Assets 73 72 61 71 70 67 66 66 66 70 72

Veer Energy & Infra Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0 2 1 0 1 1 4
Cash Flow from Operating Activities 23 9 -33 -9 8 -1 -3 0 -1 -1 -5
Cash Flow from Investing Activities -23 -8 29 1 -1 4 3 0 2 3 1
Cash Flow from Financing Activities -1 -1 4 8 -6 -4 -0 -0 -0 -0 -0
Net Cash Inflow / Outflow -0 0 0 -0 1 -1 -0 0 1 2 -3
Closing Cash & Cash Equivalent 0 0 0 0 2 1 0 1 1 4 0

Veer Energy & Infra Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2 1.63 1.17 1.7 0.74 0.22 0.21 0.53 0.04 0.22 0.12
CEPS(Rs) 3.11 2.63 2.15 2.4 1.45 0.88 0.87 1.2 0.54 0.73 0.59
DPS(Rs) 0.6 0.6 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 48.21 49.33 47.73 40.21 41.53 41.75 41.99 42.53 42.56 42.78 42.91
Core EBITDA Margin(%) 7.75 6.31 6.75 11.64 10.63 7.42 4.3 -2.67 2.81 -19.52 -23.17
EBIT Margin(%) 5.98 4.59 8.56 16.02 10.73 4.29 6.09 14.58 -2.98 3.4 2.44
Pre Tax Margin(%) 4.68 3.62 5.86 15.3 9.6 3.8 6.05 14.56 -2.99 3.39 2.41
PAT Margin (%) 3.87 3.07 6.74 17.98 6.63 5.34 4.18 15.27 0.83 3.82 1.79
Cash Profit Margin (%) 6.03 4.96 12.41 25.36 13.05 21.54 17.2 34.36 12.64 12.66 8.56
ROA(%) 2.39 2.08 1.8 3.85 1.56 0.48 0.47 1.2 0.08 0.48 0.26
ROE(%) 4.21 3.34 2.53 4.68 1.8 0.52 0.5 1.26 0.08 0.52 0.29
ROCE(%) 5.51 4.32 2.89 4.04 2.87 0.42 0.74 1.2 -0.3 0.46 0.39
Receivable days 142.08 44 97.51 108.75 103.69 265.33 159.39 258.24 143.72 87.64 99.3
Inventory Days 163.37 131.57 412.12 652.12 639.88 1809.8 1367.08 1794.9 1409.97 962.05 692.03
Payable days 974.46 0 -268.37 -93.51 -182.3 -837.22 85.85 358.61 442.02 140.59 377.55
PER(x) 12.32 15.79 15.11 13.34 11.11 20.69 30.82 19.35 256.86 89.32 134.74
Price/Book(x) 0.51 0.52 0.37 0.57 0.2 0.11 0.16 0.24 0.22 0.46 0.39
Dividend Yield(%) 1.88 17.96 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.59 0.22 1.04 2.45 0.67 1.01 1.23 2.81 1.9 3 2.39
EV/Core EBITDA(x) 7.26 3.39 7.31 10.46 3.91 2.81 5.49 8.36 6.03 18.62 25.97
Net Sales Growth(%) -27.62 2.7 -63.86 -19.93 17.06 -63.29 24.03 -30.99 23.16 34.12 19.75
EBIT Growth(%) -16.14 -21.21 -32.52 49.8 -21.59 -85.32 76.12 65.02 -125.22 252.61 -14.01
PAT Growth(%) -22.05 -18.56 -20.6 113.53 -56.85 -70.42 -2.83 151.98 -93.3 516.85 -44.02
EPS Growth(%) -22.04 -18.57 -28.17 45.88 -56.85 -70.42 -2.83 151.95 -93.3 516.53 -44.03
Debt/Equity(x) 0.12 0.19 0.01 0.01 0.01 0 0 0 0 0 0
Current Ratio(x) 1.64 1.36 29.42 17.23 32.22 17.81 38.85 48.46 67.1 13.09 8.41
Quick Ratio(x) 0.75 0.42 8.36 6.31 13.29 7.54 18.85 24.57 35.7 8.34 5.85
Interest Cover(x) 4.62 4.76 3.16 22.26 9.47 8.67 148.68 1086.57 -319.67 2927 100.68
Total Debt/Mcap(x) 0.24 0.36 0.03 0.02 0.04 0 0 0 0 0 0

Veer Energy & Infra Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 25.9 25.9 25.74 25.74 25.74 25.74 25.74 25.74 25.74 25.74
FII 0.39 0.39 0.39 0.39 0.39 0.39 0.39 0.39 0.28 0
DII 0 0 0 0 0 0.01 0.01 0.01 0.01 0.01
Public 73.71 73.71 73.87 73.87 73.87 73.85 73.85 73.85 73.96 74.24
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Veer Energy & Infra News

Veer Energy & Infra Pros & Cons

Pros

  • Stock is trading at 0.3 times its book value
  • Company is almost debt free.

Cons

  • Promoter holding is low: 25.74%.
  • Company has a low return on equity of 0% over the last 3 years.
  • Debtor days have increased from 140.59 to 377.55days.
  • Earnings include an other income of Rs. 3 Cr.
whatsapp