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CLN Energy Ltd - Stock Valuation and Financial Performance

BSE: 544347 | NSE: | Batteries | Small Cap

CLN Energy Share Price

478 9.00 1.92%
as on 17-Jun'25 16:59

DeciZen - make an informed investing decision on CLN Energy

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

CLN Energy stock performance -

mw4me loader
P/E Ratio (SA):
38.30
Market Cap:
495 Cr.
52-wk low:
230
52-wk high:
528.2

Is CLN Energy Ltd an attractive stock to invest in?

1. Is CLN Energy Ltd a good quality company?

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

2. Is CLN Energy Ltd undervalued or overvalued?

The key valuation ratios of CLN Energy Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is CLN Energy Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of CLN Energy 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 CLN Energy:

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.
CLN Energy 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'22Mar'23Mar'24TTM
ROCE % 176.7%30.3%146.5%-
Value Creation
Index
11.61.29.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 122129133219
Sales YoY Gr.-5.9%3%-
Adj EPS 4.811.713.512.2
YoY Gr.-146.5%15.3%-
BVPS (₹) 3.74.717.585.2
Adj Net
Profit
3.6910.313
Cash Flow from Ops. 7.9156.8-
Debt/CF from Ops. 000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA3%
Adj EPS NANANA15.3%
BVPSNANANA273.1%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'22Mar'23Mar'24TTM
Return on
Equity %
127.3278.512223.8
Op. Profit
Mgn %
5.214.314.7NAN
Net Profit
Mgn %
377.85.9
Debt to
Equity
000-
Working Cap
Days
01952430
Cash Conv.
Cycle
0-2-120

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 23.80%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - CLN Energy Ltd.

Standalone Consolidated
TTM EPS (₹) 12.2 -
TTM Sales (₹ Cr.) 219 -
BVPS (₹.) 85.2 -
Reserves (₹ Cr.) 79 -
P/BV 5.50 -
PE 38.30 -
From the Market
52 Week Low / High (₹) 230.00 / 528.15
All Time Low / High (₹) 230.00 / 528.15
Market Cap (₹ Cr.) 495
Equity (₹ Cr.) 10.6
Face Value (₹) 10
Industry PE 29.6

Management X-Ray of CLN Energy:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

No data found!

Key Ratios of CLN Energy

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24
Sales122129133
Operating Expenses 115115114
Manufacturing Costs333
Material Costs1069390
Employee Cost 4812
Other Costs 2119
Operating Profit 61319
Operating Profit Margin (%) 5.2%10.4%14.1%
Other Income 000
Interest 000
Depreciation 166
Exceptional Items 0-70
Profit Before Tax 5112
Tax 102
Profit After Tax 4110
PAT Margin (%) 3.0%0.6%7.4%
Adjusted EPS (₹)4.81.012.8
Dividend Payout Ratio (%)0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 3413
Share Capital 113
Reserves 2210
Minority Interest000
Debt000
Long Term Debt000
Short Term Debt000
Trade Payables325856
Others Liabilities 274741
Total Liabilities 62108111

Fixed Assets

Gross Block72533
Accumulated Depreciation2814
Net Fixed Assets51718
CWIP 630
Investments 000
Inventories373235
Trade Receivables82525
Cash Equivalents 124
Others Assets63028
Total Assets 62108111

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24
Cash Flow From Operating Activity 8157
PBT 5112
Adjustment 287
Changes in Working Capital 27-10
Tax Paid -10-2
Cash Flow From Investing Activity -9-15-5
Capex -9-14-5
Net Investments 0-10
Others 000
Cash Flow From Financing Activity 200
Net Proceeds from Shares 000
Net Proceeds from Borrowing 000
Interest Paid 000
Dividend Paid 000
Others 200
Net Cash Flow 102
PARTICULARSMar'22Mar'23Mar'24
Ratios
ROE (%)127.4922.63115.44
ROCE (%)176.6530.25146.5
Asset Turnover Ratio1.971.511.21
PAT to CFO Conversion(x)2150.7
Working Capital Days
Receivable Days234769
Inventory Days1119893
Payable Days108176232

CLN Energy Ltd Stock News

CLN Energy Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of CLN Energy on 17-Jun-2025 16:59 is ₹478.0.
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 17-Jun-2025 16:59 the market cap of CLN Energy stood at ₹494.9.
The latest P/E ratio of CLN Energy as of 17-Jun-2025 16:59 is 38.30.
The latest P/B ratio of CLN Energy as of 17-Jun-2025 16:59 is 5.50.
The 52-week high of CLN Energy is ₹528.1 and the 52-week low is ₹230.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of CLN Energy is ₹219.2 ( Cr.) .

About CLN Energy Ltd

CLN Energy Limited was originally incorporated as ‘JLNPhenix Energy Private Limited’ on October 01, 2019 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Kanpur. Subsequently, the name of the company was changed to ‘CLN Energy Private Limited’ vide special resolution passed by the shareholders of the company in their meeting held on September 29, 2022 and a fresh Certificate of Incorporation consequent to the change of name was granted to the company on May 08, 2023, by the Registrar of Companies, Kanpur. Further, the company was converted into Public Limited Company pursuant to special resolution passed by the shareholders of the company in their meeting held on April 04, 2024 and the name of the company was changed to ‘CLN Energy Limited’ and a Fresh Certificate of Incorporation consequent upon conversion of Company to Public Limited dated June 18, 2024 was issued by Central Processing Centre.

The company has been incorporated on October 01, 2019 with a vision to manufacture products that reduces the carbon emission and commits to sustainability. The company is engaged in the manufacturing of customized Lithium-ion Batteries, motors and deals in powertrain components of electric vehicles such as controllers, throttles, DC-DC converters, display, differential etc. The company offers B2B solutions for both mobility applications such as electric two, three and four wheelers, including traction application as well as stationary applications such as solar, ESS, and telecommunications, the company also offers unique and customised solutions for various applications wherein lithium-ion battery packs are used.

The company has in-house R&D capabilities to design and integrate the various powertrain and power systems to offer the complete solution for mobility and energy storage application like UPS, Telecom etc. With the use of lithium-ion batteries along with high efficiency DC power systems, intelligent energy management, remote operation and management, it can help its customers to achieve cost savings, reduced carbon emission for green environment and better insights of their product. The company provides critical business solution for the customers who wants to use lithium-ion batteries with a specific power capacity as required for their application. The company also sells the design and prototype solutions to the customers who further use them to manufactures products basis on these designs.

Its highly efficient products manufactured are outcome of focused design, customer feedback and future needs of mobility & stationary applications. It also provides solution approach where its R&D team focus on customizations to fulfil customer requirements.

Business area of the company

The company manufactures custom lithium-ion batteries, motors, and powertrain components for EVs, including controllers and converters. It offers B2B solutions for mobility and stationary applications under the CLN Energy brand. 

Products of the company

  • Lithium batteries (E-mobility)
  • Lithium batteries (Stationary)
  • Hub motor and controller
  • Mid mount motor and controller
  • Electric vehicle components

Awards, accreditations or recognitions

  • 2023: ISO 9001 2015 Certificate for Quality Management System.
  • 2023: ISO 14001 2015 Certificate for Environmental Management System. 
  • 2023: ISO 45001 2018 Certificated for Occupational Health and Safety Management System.

History and milestones

  • 2019: Incorporated its Company as JLNPhenix Energy Private Limited. 
  • 2019: Issued 999,998 equity shares to Minmax Energy Limited, resulting in Minmax Energy Limited holding a majority stake in the company. 
  • 2022: Commencement of R&D unit at Hyderabad. 
  • 2022: The company achieved revenue of Rs 100 crore for the first time. 
  • 2022: The factory license has been issued on March 03, 2022 for its Pune plant located Pune, Maharashtra. 
  • 2022: CLN Energy acquired majority equity shares of company and classified as Promoter of Company. 
  • 2023: The company changed name of from JLNPhenix Energy Private Limited to CLN Energy Private Limited. 
  • 2023: The factory license has been issued on April 06, 2023 for its Uttar Pradesh plant located at Gautam Buddha Nagar, Uttar Pradesh. 
  • 2023: Shut down of Operations of R&D unit at Hyderabad. 
  • 2024: Company converted from Private Limited Company to Public Limited Company vide and fresh certificate of Conversion dated June 18, 2024 was issued by the Registrar of Companies, Central Processing Centre.

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