Agni Green Power Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: AGNI | Engineering - Construction | Small Cap

BSE Share Price
Not Listed

DeciZen - make an informed investing decision on Agni Green Power

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

1. Quality

2. Valuation

Undervalued

3. Price Trend

Semi Strong

Agni Green Power stock performance -

mw4me loader
P/E Ratio (SA):
287.43
Market Cap:
110.4 Cr.
52-wk low:
0
52-wk high:
0

Is Agni Green Power Ltd an attractive stock to invest in?

1. Is Agni Green Power Ltd a good quality company?

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

2. Is Agni Green Power Ltd undervalued or overvalued?

The key valuation ratios of Agni Green Power Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Agni Green Power Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Agni Green Power Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Agni Green Power:

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.
Agni Green Power 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'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 8%2.2%3.2%2.5%-0.9%-
Value Creation
Index
-0.4-0.8-0.8-0.8-1.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 31.222.334.415.42235
Sales YoY Gr.--28.7%54.5%-55.3%43%-
Adj EPS 1.500.10.1-0.70.2
YoY Gr.--97.4%75%71.4%-700%-
BVPS (₹) 18.318.418.518.615.615.6
Adj Net
Profit
2.20.10.10.2-1.40
Cash Flow from Ops. -1.5-0.9-1.12.1-1.4-
Debt/CF from Ops. -4.8-10.4-10.36-6.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA-0.4%43%
Adj EPS NANA-362.1%-700%
BVPSNANA-5.4%-16.3%
Share Price - - - 146.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
8.30.20.40.7-51.3
Op. Profit
Mgn %
11.93.54.74.2-1.2NAN
Net Profit
Mgn %
70.30.31.2-6.41.1
Debt to
Equity
0.30.30.40.50.3-
Working Cap
Days
05954139196180
Cash Conv.
Cycle
02621603443190

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 1.30%

Sales growth has been subdued in last 3 years -0.41%

Net Profit has been subdued in last 3 years -362.07%

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

Latest Financials - Agni Green Power Ltd.

Standalone Consolidated
TTM EPS (₹) 0.2 -
TTM Sales (₹ Cr.) 35.3 -
BVPS (₹.) 15.6 -
Reserves (₹ Cr.) 11 -
P/BV 3.62 -
PE 287.43 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 110
Equity (₹ Cr.) 19.5
Face Value (₹) 10
Industry PE 44.5

Management X-Ray of Agni Green Power:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Agni Green Power

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23
Sales3122341522
Operating Expenses 2822331522
Manufacturing Costs23422
Material Costs201323514
Employee Cost 33333
Other Costs 33354
Operating Profit 41210
Operating Profit Margin (%) 11.9%3.5%4.7%4.1%-1.2%
Other Income 01111
Interest 11212
Depreciation 11100
Exceptional Items 00000
Profit Before Tax 3000-1
Tax 10000
Profit After Tax 2000-1
PAT Margin (%) 7.1%0.5%0.3%1.4%-6.4%
Adjusted EPS (₹)1.60.10.10.2-0.7
Dividend Payout Ratio (%)3%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 2626262730
Share Capital 7771420
Reserves 1919191211
Minority Interest00000
Debt79101110
Long Term Debt12222
Short Term Debt67897
Trade Payables95734
Others Liabilities 35321
Total Liabilities 4645464345

Fixed Assets

Gross Block77777
Accumulated Depreciation22334
Net Fixed Assets55444
CWIP 00000
Investments 00000
Inventories15367
Trade Receivables2417181517
Cash Equivalents 44133
Others Assets1114211514
Total Assets 4645464345

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -2-1-12-1
PBT 3000-1
Adjustment 11212
Changes in Working Capital -5-1-30-2
Tax Paid -1-1000
Cash Flow From Investing Activity 2-1000
Capex -30000
Net Investments 00000
Others 5-1000
Cash Flow From Financing Activity 21-201
Net Proceeds from Shares 00005
Net Proceeds from Borrowing 00000
Interest Paid -1-1-1-1-2
Dividend Paid 00000
Others 31-10-2
Net Cash Flow 2-1-320
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)8.530.390.40.83-4.95
ROCE (%)11.023.364.573.690.22
Asset Turnover Ratio0.680.490.750.350.5
PAT to CFO Conversion(x)-1N/AN/AN/AN/A
Working Capital Days
Receivable Days276335185388264
Inventory Days175544113115
Payable Days1752079435387

Agni Green Power Ltd Stock News

Agni Green Power Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Agni Green Power on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Agni Green Power stood at ₹110.4.
The latest P/E ratio of Agni Green Power as of 01-Jan-1970 05:30 is 287.4.
The latest P/B ratio of Agni Green Power as of 01-Jan-1970 05:30 is 3.62.
The 52-week high of Agni Green Power is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Agni Green Power is ₹35.27 ( Cr.) .

About Agni Green Power Ltd

The company was originally incorporated as ‘Agni Power and Electronics Private Limited’ on August 25, 1995 vide certificate of incorporation bearing Corporate Identity No. 21-73701 under the provisions of Companies Act, 1956 issued by the Registrar of Companies, Kolkata, West Bengal. Subsequently, name of the company changed to ‘Agni Green Power Private Limited’ vide fresh certificate of incorporation dated March 04,2022. Subsequently, the company was converted into Public Limited Company vide a fresh certificate of incorporation issued by ROC-Kolkata, consequent upon conversion from Private Limited to Public Company dated April 01, 2022 in the name of ‘Agni Green Power Limited’.

Agni Green Power (AGNI) is founded and promoted by Kolkata based Kanak Mukhopadhyay in the year 1995 with a motive to takeover Agni Electronics, an existing profit-making partnership firm engaged in the business of manufacturing solar powered batteries and lighting systems. The company is in the business of execution of turn-key Solar PV Power Plant projects, including Design, Engineering, Supply, Installation & Commissioning (I&C) and Maintenance, for both Stand-alone and Grid Connected PV Systems from the conceptualization to completion stages.

It has also expanded its footprints through four branch offices in Chhattisgarh, Assam, Mizoram and Tripura. Its key customers mainly include reputed Government organizations. It provides high quality professional solutions, design and engineering services to its customers. Its highly skilled professionals and dedicated team are ever ready to deliver their efficient services. Agni provides technical expertise in the most efficient and cost-effective way, helping to ensure the highest degree of reliability and availability of the project. Having achieved certain degree of expertise after successfully executing various projects, it has an extremely experienced and diverse set of professionally trained and qualified engineers having versed ability in tackling and providing solutions to its customers and capability to handle all requirements and installations even at the highest scale and magnitude.

Business area of the company

The company is an integrated solar energy solutions provider offering engineering, procurement and construction (EPC) services, and operations and maintenance (O&M) services to its customers. It also manufacture Solar Power Conditioning Unit, Solar Inverter (Hybrid & Grid Connected), Solar Maximum Power Point Tracking (MPPT) Charger, Remote Monitoring and Diagnostic System, Solar Photovoltaic Junction Box, Control Panel, Digital DC Energy Meter, Solar Adapter and Solar Pump Controller etc.

Major events and Milestones

  • 1995: Incorporation of ‘Agni Power and Electronics Private Limited’ with a motive to takeover Agni Electronics, an existing profit-making partnership firm engaged in the business of manufacturing solar powered batteries and lighting systems.
  • 1997: Installation of off-grid Solar PV Plant in Sagar Island, West Bengal.
  • 2000: Channel Partner of BHEL, executed cumulative Solar PV Plants in Andaman Nicobar and Lakshadweep.
  • 2005: Opened Regional Office at Chhattisgarh.
  • 2005: Solar PCU Production with its own indigenous technology.
  • 2006: The Trademark of Agni Power & Electronics Private Limited has been registered.
  • 2007: Technological License Agreement with Magellan Power System - Australia
  • 2009: Registered under Government Purchase Enlistment Certificate of NSIC
  • 2009: I & C Agreement for executing India’s 2nd largest SPV Power Plant of that time.
  • 2011: Opened Regional Office at Mizoram.
  • 2011: MNRE Channel Partner under JNNSM - a National Project in India.
  • 2013: Registered under MSME.
  • 2013: Awarded SP1A rating from CRISIL-MNRE, Govt. Of India.
  • 2013: Opened Regional Office at Tripura and Assam.
  • 2015: Executed 500kWp Canal Top Project with 11 kv evacuation.
  • 2017: Production Unit at Srijan Industrial Logistic Park.
  • 2017: Executed 1MW Rooftop SPV Plant at IIT, Kharagpur.
  • 2018: Innovative Developments & Energy Excellence Award for the excellence in Rural Outreach Award, 2018 has been awarded by ASSOCHAM, India
  • 2018: Hybrid PCU Production in collaboration with OPS.
  • 2018: Crossed 50 crore Turnover.
  • 2019: Awarded ISO 9001:2015 Quality Management System certification.
  • 2019: Awarded ISO 14001:2015 Environmental Management System Certification.
  • 2019: Awarded OHSAS 18001:2007 Occupational Health & Safety Management System Certification.
  • 2019: MES 1.2 ground mounted SPV Plant.
  • 2019: GAIL Gas Pipeline Project.
  • 2020: International Export of PCU.
  • 2020: Executed NKDA 1 MW widest Canal Top SPV Plant of India.
  • 2020: Executed 1.1MW Car Parking SPV Project at IIT, Kharagpur.
  • 2021: The Private Limited got converted into Public Limited.
  • 2022: Certification of Appreciation for Solar Company of the year 2022 by Business Connect.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.