WEBSITE BSE:503657 NSE: VEER ENERGY Inc. Year: 1980 Industry: Power Generation/Distribution My Bucket: Add Stock
Last updated: 11:32
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
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 stages of wind power project execution—including site assessment, land sourcing, civil and electrical infrastructure, turbine installation and long‑term operation and maintenance—aiming to contribute to cleaner, low‑carbon power generation and reduce dependence on fossil fuels. Veer Energy also participates in solar energy initiatives and related clean‑energy services, and maintains a track record of installer wind capacity and project pipeline development, while operating with a mix of energy and infrastructure development and trading activities. As a micro‑cap listed entity, its financial performance has shown modest turnovers with an emphasis on long‑term renewable energy infrastructure growth ...Read Less
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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
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(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 |
| #(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 |
| # | 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% |
| #(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 |
| #(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 |
| # | 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 |
| # | 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 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 |
| FII | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 1.1 | 1.1 | 1.11 | 1.11 | 1.11 | 1.11 | 1.11 | 1.11 | 1.11 | 1.11 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 |
* The pros and cons are machine generated.
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