Financials Veer Energy & Infrastructure Limited

Equities

VEERENRGY6

INE255E01030

Renewable Energy Equipment & Services

Market Closed - Bombay S.E. 11:00:54 31/05/2024 BST 5-day change 1st Jan Change
20.92 INR -4.65% Intraday chart for Veer Energy & Infrastructure Limited -7.10% +24.15%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 325.4 122.2 67.33 97.49 154.2 137.2
Enterprise Value (EV) 1 333 111.7 42.62 78.95 121.2 122.3
P/E ratio 14.5 x 11.1 x 20.9 x 31.4 x 19.4 x 257 x
Yield - - - - - -
Capitalization / Revenue 2.29 x 0.74 x 1.1 x 1.29 x 2.96 x 2.14 x
EV / Revenue 2.35 x 0.67 x 0.7 x 1.04 x 2.32 x 1.9 x
EV / EBITDA 20.1 x 6.33 x 6.42 x 19.4 x -125 x 67.7 x
EV / FCF -2.85 x 2.38 x 2.62 x -16 x 141 x -3.18 x
FCF Yield -35.1% 42.1% 38.2% -6.26% 0.71% -31.4%
Price to Book 0.56 x 0.2 x 0.11 x 0.16 x 0.24 x 0.22 x
Nbr of stocks (in thousands) 14,317 14,963 14,963 14,963 14,963 14,963
Reference price 2 22.73 8.169 4.500 6.515 10.31 9.170
Announcement Date 27/08/18 30/08/19 05/09/20 31/08/21 02/09/22 14/08/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 141.9 166.1 60.97 75.62 52.18 64.27
EBITDA 1 16.56 17.66 6.634 4.078 -0.973 1.806
EBIT 1 6.081 6.99 -3.246 -5.766 -10.93 -5.783
Operating Margin 4.29% 4.21% -5.32% -7.62% -20.95% -9%
Earnings before Tax (EBT) 1 21.71 15.94 2.315 4.578 7.599 -1.924
Net income 1 25.5 11 3.255 3.163 7.97 0.534
Net margin 17.98% 6.63% 5.34% 4.18% 15.27% 0.83%
EPS 2 1.569 0.7354 0.2154 0.2077 0.5308 0.0357
Free Cash Flow 1 -117 47.01 16.28 -4.94 0.8589 -38.45
FCF margin -82.5% 28.31% 26.7% -6.53% 1.65% -59.83%
FCF Conversion (EBITDA) - 266.22% 245.4% - - -
FCF Conversion (Net income) - 427.25% 500.16% - 10.78% -
Dividend per Share - - - - - -
Announcement Date 27/08/18 30/08/19 05/09/20 31/08/21 02/09/22 14/08/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 7.56 - - - - -
Net Cash position 1 - 10.5 24.7 18.5 33 14.9
Leverage (Debt/EBITDA) 0.4567 x - - - - -
Free Cash Flow 1 -117 47 16.3 -4.94 0.86 -38.4
ROE (net income / shareholders' equity) 4.59% 1.79% 0.52% 0.5% 1.26% 0.08%
ROA (Net income/ Total Assets) 0.57% 0.64% -0.3% -0.54% -1.03% -0.55%
Assets 1 4,446 1,729 -1,097 -583.3 -770.6 -97.77
Book Value Per Share 2 40.70 41.50 41.80 42.00 42.50 42.60
Cash Flow per Share 2 0.0200 1.010 0.3600 0.2900 0.4800 1.000
Capex 1 2.29 16 - 0.2 13.3 7.16
Capex / Sales 1.61% 9.63% - 0.26% 25.45% 11.14%
Announcement Date 27/08/18 30/08/19 05/09/20 31/08/21 02/09/22 14/08/23
1INR in Million2INR
Estimates
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