Veer Energy & Infrastructure Ltd - Stock Valuation and Financial Performance

BSE: 503657 | NSE: | Power Generation/Distribution | Small Cap

Veer Energy & Infra Share Price

20.35 -0.41 -1.97%
as on 18-Apr'24 16:01

DeciZen - make an informed investing decision on Veer Energy & Infra

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Veer Energy & Infrastructure stock performance -

mw4me loader
P/E Ratio (SA):
40.07
Market Cap:
30.5 Cr.
52-wk low:
9
52-wk high:
33

Is Veer Energy & Infrastructure Ltd an attractive stock to invest in?

1. Is Veer Energy & Infrastructure Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Veer Energy & Infrastructure Ltd is a below average quality company.

2. Is Veer Energy & Infrastructure Ltd undervalued or overvalued?

The key valuation ratios of Veer Energy & Infrastructure Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Veer Energy & Infrastructure Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Veer Energy & Infrastructure Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Veer Energy & Infra:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Veer Energy & Infrastructure Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 5%4.3%3.6%2.9%4.7%2%1.6%0.8%1.3%1.7%-
Value Creation
Index
-0.6-0.7-0.8-0.8-0.7-0.9-0.9-0.9-0.9-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 6647.74917.714.216.66.17.65.26.47
Sales YoY Gr.--27.6%2.7%-63.9%-19.9%17.1%-63.3%23.9%-31%23.2%-
Adj EPS 2.61.91.61.21.70.70.70.30.50.70.5
YoY Gr.--25%-14.6%-28.7%45.3%-56.5%-10.8%-50%60.6%35.9%-
BVPS (₹) 46.748.249.347.740.241.541.84242.542.642.7
Adj Net
Profit
2.41.81.51.22.61.110.50.81.11
Cash Flow from Ops. 1.123.49-33.4-9.18.1-1.1-2.60.1-1-
Debt/CF from Ops. 9.20.20.9-0-0.10.10000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -22.8%-14.6%1.8%23.2%
Adj EPS -13.2%-15.8%2.9%35.9%
BVPS-1%1.1%0.6%0.1%
Share Price -5.1% 20.5% 46.3% 111.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
5.64.13.42.54.61.81.60.81.31.71.2
Op. Profit
Mgn %
6.37.86.46.811.610.67.44.3-2.72.8-29.8
Net Profit
Mgn %
3.63.73.16.7186.616.26.515.316.711.4
Debt to
Equity
0.20.10.20000000-
Working Cap
Days
3663742267411,3051,1963,2152,6893,9403,2192,404
Cash Conv.
Cycle
164149924307177262,0241,4482,0311,5022,304

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 1.20%

Sales growth has been subdued in last 3 years 1.77%

Net Profit has been subdued in last 3 years 2.94%

Sales growth is not so good in last 4 quarters at 8.69%

Latest Financials - Veer Energy & Infrastructure Ltd.

Standalone Consolidated
TTM EPS (₹) 0.5 0.7
TTM Sales (₹ Cr.) 6.7 52.9
BVPS (₹.) 42.7 0
Reserves (₹ Cr.) 49 37
P/BV 0.48 0.00
PE 40.07 30.49
From the Market
52 Week Low / High (₹) 9.00 / 33.00
All Time Low / High (₹) 0.44 / 204.62
Market Cap (₹ Cr.) 30.5
Equity (₹ Cr.) 15
Face Value (₹) 10
Industry PE 22

Management X-Ray of Veer Energy & Infra:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Veer Energy & Infra

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales65.9547.7349.0217.7214.1916.616.107.565.226.43
Operating Expenses 61.7844.0345.9316.5212.5414.845.647.245.366.25
Manufacturing Costs77.4934.8543.7919.1515.3714.924.591.623.183.74
Material Costs-17.697.110.28-4.95-5.74-2.96-0.444.250.960.60
Employee Cost 0.790.820.991.121.110.590.610.530.530.54
Other Costs 1.191.260.881.201.792.290.880.840.691.37
Operating Profit 4.173.703.091.201.651.770.450.33-0.140.18
Operating Profit Margin (%) 6.3%7.7%6.3%6.8%11.6%10.6%7.4%4.3%-2.7%2.8%
Other Income 0.060.190.081.331.671.081.741.371.901.84
Interest 0.390.620.470.480.100.190.03000
Depreciation 0.821.030.931.011.051.070.990.9810.76
Exceptional Items 000000-0.95-0.250-1.46
Profit Before Tax 3.022.241.781.042.171.590.230.460.76-0.19
Tax 0.650.390.27-0.16-0.380.49-0.090.14-0.04-0.25
Profit After Tax 2.371.851.501.192.551.100.330.320.800.05
PAT Margin (%) 3.6%3.9%3.1%6.7%18.0%6.6%5.3%4.2%15.3%0.8%
Adjusted EPS (₹)2.62.01.61.21.70.70.20.20.50.0
Dividend Payout Ratio (%)18%23%28%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 43.2444.5845.6248.7960.1762.1462.4762.8363.6363.69
Share Capital 7.117.117.117.8611.5111.5111.5111.5111.5114.96
Reserves 36.1337.4638.5040.9348.6650.6350.9651.3252.1248.72
Minority Interest0000000000
Debt10.295.498.450.530.790.220000
Long Term Debt3.632.681.250.690.450.220000
Short Term Debt6.662.827.20-0.160.3400000
Trade Payables23.2614.706.320.951.990.971.040.960.910.54
Others Liabilities 5.307.7411.4610.868.416.313.602.371.921.99
Total Liabilities 82.1072.5171.8561.1471.3669.6467.1166.1666.4666.22

Fixed Assets

Gross Block19.4519.4220.4821.5821.8123.4120.0918.5419.8720.59
Accumulated Depreciation2.853.864.765.776.827.888.399.4310.4313.40
Net Fixed Assets16.6015.5615.7215.821515.5311.709.119.447.19
CWIP 0000000000
Investments 1.4522.9629.35000000.220.22
Inventories24.9217.8117.5322.4828.2230.0130.4526.2025.1324.53
Trade Receivables29.817.354.4753.465.982.883.723.661.40
Cash Equivalents 0.050.030.060.140.071.550.560.460.751.52
Others Assets9.278.804.7217.7124.6216.5721.5126.6727.2731.37
Total Assets 82.1072.5171.8561.1471.3669.6467.1166.1666.4666.22

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 1.1223.398.96-33.44-9.058.14-1.14-2.620.07-1.04
PBT 3.022.242.251.042.551.100.330.320.800.02
Adjustment 0.770.910.890.30-0.292.12-0.580.12-0.800.23
Changes in Working Capital -1.8920.646.17-34.57-10.75.39-0.95-3.020.19-1.06
Tax Paid -0.77-0.39-0.36-0.21-0.61-0.470.06-0.04-0.12-0.23
Cash Flow From Investing Activity -0.65-22.90-7.9529.401.44-0.554.352.520.221.82
Capex -1.69-0.09-1.08-1.10-0.23-1.602.841.61-1.330.04
Net Investments -0.03-22.04-6.6129.320000-0.060
Others 1.07-0.77-0.251.191.671.051.510.911.611.78
Cash Flow From Financing Activity -0.50-0.51-0.994.097.54-6.14-4.2000-3.45
Net Proceeds from Shares 0002.918.0500000
Net Proceeds from Borrowing 0000-0.23-0.23-0.22000
Interest Paid 00-0.47-0.48-0.10-0.19-0.03000
Dividend Paid -0.50-0.43-0.510000000
Others 0-0.0901.66-0.18-5.72-3.9400-3.45
Net Cash Flow -0.03-0.020.020.05-0.081.45-0.98-0.100.29-2.68
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)5.614.213.342.534.681.80.520.51.260.08
ROCE (%)6.55.514.322.894.042.870.420.741.2-0.3
Asset Turnover Ratio0.770.620.680.270.210.240.090.110.080.1
PAT to CFO Conversion(x)0.4712.645.97-28.1-3.557.4-3.45-8.190.09-20.8
Working Capital Days
Receivable Days2361424498109104265159258144
Inventory Days891631324126526401,8101,3671,7951,410
Payable Days-5659740-268-94-182-83786359442

Veer Energy & Infrastructure Ltd Stock News

Veer Energy & Infrastructure Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Veer Energy & Infra on 18-Apr-2024 16:01 is ₹20.35.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 18-Apr-2024 16:01 the market cap of Veer Energy & Infra stood at ₹30.45.
The latest P/E ratio of Veer Energy & Infra as of 18-Apr-2024 16:01 is 40.07.
The latest P/B ratio of Veer Energy & Infra as of 18-Apr-2024 16:01 is 0.48.
The 52-week high of Veer Energy & Infra is ₹33.00 and the 52-week low is ₹9.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Veer Energy & Infra is ₹6.70 ( Cr.) .

About Veer Energy & Infrastructure Ltd

Veer Energy & Infrastructure was founded in 2006, it is an innovative energy & infrastructure company headquartered in Mumbai, India and is listed on Bombay Stock Exchange (BSE), its objective is to play a major role in responding to the growing problem of climate change attributed to greenhouse gas emissions. Currently, Veer Energy wind farms in operation and construction represent a substantial reduction in carbon dioxide emissions annually.

The company is currently active in western region of India with approximately 55 MW in operation or construction. Significant future growth is expected in both core and new markets, supported by a large development pipeline and Veer Energy’s network of joint development ventures with world class local developers & contractors.

Veer Energy provides technical solutions for a future with reduced dependence on fossil fuels and fewer greenhouse gas emissions, which has been identified as the cause of global warming and is a major threat to the planet.

Veer Energy’s development of wind energy is consistent with what is prescribed by the Kyoto Protocol. Once in operation, wind farms are a virtually emission free energy source, providing clean and sustainable energy. Veer Energy works to be actively involved in all key phases of wind farm development, finance, construction, and operation.Veer Energy’s wind farm design ensures an optimal economic balance due to professional site selection and technical quality of the wind turbines.

Business area of the company:

Windfarms - Chandrodi Wind Park

The 55 MW Chandrodi Wind Park, Kutch, Gujarat is one of the first and most prestigious projects of Veer Energy. Infrastructure has already been fully developed for 55 MW from which 18 MW windfarm was developed and commissioned in a record time of 3 months and has been operating successfully. Veer Energy plans to complete the wind park in next 6 months.

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