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Energy Development Company Ltd (ENERGYDEV)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532219 NSE: ENERGYDEV Power Generation/Distribution | Small Cap | Energy Development Share Price

₹16.38 0.08 (0.49%)

As on 04-Jun'26 16:59

Energy Development Company Ltd (ENERGYDEV)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532219 NSE: ENERGYDEV Power Generation/Distribution | Small Cap | Energy Development Share Price

₹16.38 0.08 (0.49%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹78 Cr.
Current Price
₹16.4
52-Week Low / High
₹13 / 30
TTM EPS
₹-1.5
TTM Sales
₹18.9 Cr.
Book Value per Share
₹17.8
P/E Ratio
0.00
Lower than its 5-year historical median
Industry PE
29.7
Price to Book (P/B)
0.92
Higher than its 5-year historical median
Price to Sales (P/S)
4.11
Lower than its 5-year historical median
EV/EBITDA
11.86
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-56.11%
Underperforms industry median
Return on Capital Employed (ROCE)
-37.63%
Underperforms industry median
Return on Assets (ROA)
-35.87%
Operating Profit Margin
17.7%
Net Profit Margin
-618.42%
Gross Profit Margin
9.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
20.55%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
32.89%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
58.14%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹37 Cr.
Equity
₹47.5 Cr.
Face Value
₹10
All Time Low / High
₹3.35 / 354.00

Energy Development Company stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Energy Development Company Ltd a good quality company?
Energy Development Company Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Energy Development Company Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Energy Development Company Ltd vs industry peers?
Energy Development Company Ltd revenue CAGR is 1.32%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Energy Development Company Ltd?
Promoters hold 58.14% of the Energy Development Company Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Energy Development Company Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -13.1% based on the current price.

10 Year X-Ray : Login to view analysis.

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.
Energy Development Company Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 2.4%4%2.4%-3.7%-0.3%1.1%3.1%1.7%-0.3%-37.6%-
Value Creation
Index
-0.8-0.7-0.8-1.3-1.0-0.9-0.8-0.9-1.0-3.7-

Growth Parameters

Sales 13410340.213.310.811.412.912.89.511.519
Sales YoY Gr.--22.8%-61%-66.8%-19.3%5.6%13.8%-0.9%-25.6%20.6%-
Adj EPS 0.4-0.10.2-1.7-0.6-0.10.70.2-0.4-6.5-1.5
YoY Gr.--117.1%NA-886.4%NANANA-77.3%-346.7%NA-
BVPS (₹) 37.237.637.33533.833.734.434.534.219.217.8
Adj Net
Profit
1.7-0.31-8.2-2.9-0.43.10.7-1.8-30.9-7
Cash Flow from Ops. 4.10.53.2-6.3-0.90.32.5-1.6-5.96.5-
Debt/CF from Ops. 2.2355.6-2.8-21.170.48.3-15.2-4.93.6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -23.9%1.3%-3.9%20.6%
Adj EPS -238.4%NA-314.4%NA
BVPS-7.1%-10.7%-17.7%-43.8%
Share Price -13.6% 9.9% 0.2% -15.6%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
1.1-0.20.6-4.8-1.8-0.31.90.4-1.1-24.4-8
Op. Profit
Mgn %
5.11.45.6-73.4-15.710.134.735.116.117.739.5
Net Profit
Mgn %
1.3-0.32.6-61.8-27.1-3.524.15.5-18.5-268.7-37.1
Debt to
Equity
0.10.10.10.10.10.10.10.20.20.30
Working Cap
Days
1564041,2693,6614,4374,3323,9714,2235,9513,3873,997
Cash Conv.
Cycle
1939108383806656323413726121290

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales133.75103.2140.2313.3410.7711.3712.9412.829.5411.50
Operating Expenses + 127.01101.9338.1423.3212.6310.368.628.398.019.48
Manufacturing Costs118.1890.4027.311.962.922.941.702.591.712.13
Material Costs1.150.03-0.15-0.190.700.060.14-0.0200
Employee Cost 2.563.023.654.544.313.822.252.212.142.40
Other Costs 5.128.487.3317.014.703.554.533.604.174.94
Operating Profit 6.741.282.09-9.98-1.851.014.324.431.522.02
Operating Profit Margin (%) 5.0%1.2%5.2%-74.8%-17.2%8.9%33.4%34.6%16.0%17.6%
Other Income + 0.494.025.425.704.063.633.881.280.600.57
Exceptional Items 05.390000000-57.43
Interest 1.632.473.092.812.202.402.622.551.431.46
Depreciation 3.303.032.902.812.752.682.642.652.622.60
Profit Before Tax 2.305.191.52-9.90-2.74-0.442.950.52-1.92-58.90
Tax 0.691.780.13-2.060.260.05-0.05-0.13-0.1512.20
Profit After Tax 1.613.411.39-7.84-3.01-0.5030.65-1.77-71.10
PAT Margin (%) 1.2%3.3%3.5%-58.8%-27.9%-4.4%23.2%5.1%-18.6%-618.0%
Adjusted EPS (₹)0.30.70.3-1.7-0.6-0.10.60.1-0.4-15.0
Dividend Payout Ratio (%)147.10%69.60%171.20%-30.30%-79%0%0%0%0%0%

Valuation of Energy Development - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 176.76178.77177.34166.50160.59160.20163.32164.02162.2391.21
Share Capital 47.5047.5047.5047.5047.5047.5047.5047.5047.5047.50
Reserves 129.26131.27129.84119113.09112.70115.82116.52114.7343.71
Debt +9.0716.5117.8317.8118.1521.0520.9323.9528.4523.40
Long Term Debt2.756.8510.5016.4417.3620.240000
Short Term Debt6.329.667.331.370.790.8120.9323.9528.4523.40
Minority Interest0000000000
Trade Payables24.4030.2220.0512.0512.7513.7913.7016.0213.1412.04
Others Liabilities 41.5565.1948.1351.0253.9855.1155.8256.4957.358.57
Total Liabilities 251.77290.68263.35247.38245.47250.14253.77260.48261.16135.22

Fixed Assets

Net Fixed Assets +44.6841.6638.8136.0133.3930.8728.3025.6623.0420.44
Gross Block95.3244.6944.7444.7544.8144.9745.0445.0545.0545.05
Accumulated Depreciation50.633.035.938.7411.4214.1016.7419.3822.0124.61
CWIP 0000000000
Investments 114.6899.3083.1079.1579.1079.2579.0179.0179.0157.01
Inventories1.481.121.271.440.720.670.520.540.530.61
Trade Receivables33.3144.4036.7835.1635.1035.8037.8039.9538.507.16
Cash Equivalents 6.407.214.091.551.451.463.482.201.721.79
Others Assets 51.2297.0199.2994.0895.70102.08104.66113.12118.3748.21
Total Assets 251.77290.68263.35247.38245.47250.14253.77260.48261.16135.22

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 4.050.473.18-6.33-0.860.302.51-1.57-5.866.52
PBT 2.305.191.52-9.90-2.74-0.442.950.52-1.92-58.90
Adjustment 4.65-0.694.6712.751.141.661.814.363.5562.23
Changes in Working Capital -1.38-3.81-2.25-8.521.07-0.9-2.24-6.44-7.473.21
Tax Paid -1.52-0.21-0.75-0.65-0.32-0.03-0.01-0.01-0.02-0.01
Cash Flow From Investing Activity + -47.81-4.42-0.669.872.04-2.690.68-1.730.99-1.25
Capex -0.020.17-0.05-00.07-0.02-0.07-0.010-0.01
Net Investments 14.5911.835.932.15000-1.800-0.01
Others -62.39-16.42-6.547.721.97-2.670.750.080.99-1.23
Cash Flow From Financing Activity + 45.552.99-3.41-3.93-1.262.41-1.152.034.09-5.19
Net Proceeds from Shares 44000000000
Net Proceeds from Borrowing 003.655.94000000
Interest Paid -1.22-1.60-1.87-1.05-0.58-0.10-0.32-0.20-0.39-2.51
Dividend Paid -1.38-2.38-2.38-2.38-2.3800000
Others 4.146.96-2.81-6.451.692.50-0.832.234.48-2.68
Net Cash Flow 1.79-0.96-0.89-0.40-0.090.022.03-1.27-0.790.09

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)1.041.920.78-4.57-1.84-0.311.850.4-1.09-56.11
ROCE (%)2.424.022.36-3.74-0.31.093.051.65-0.26-37.63
Asset Turnover Ratio0.660.380.150.050.040.050.050.050.040.06
PAT to CFO Conversion(x)2.520.142.29N/AN/AN/A0.84-2.42N/AN/A
Working Capital Days
Receivable Days57.50137.40368.30983.901,190.201,137.901,038.101,107.101,501.10724.80
Inventory Days5.604.6010.8037.1036.6022.4016.9015.1020.4018.10
Payable Days4,757.500006,481.7000000

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Energy Development Company Ltd FAQs

The current trading price of Energy Development on 04-Jun-2026 16:59 is ₹16.38.

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 03-Jun-2026 the market cap of Energy Development stood at ₹77.81 Cr

The latest P/E ratio of Energy Development as of 03-Jun-2026 is 0.00.

The latest P/B ratio of Energy Development as of 03-Jun-2026 is 0.92.

The 52-week high of Energy Development is ₹29.84 and the 52-week low is ₹13.20.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Energy Development is ₹18.93 ( Cr.) .

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

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

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

About Energy Development Company Ltd

Energy Development Company was incorporated in 1995 in Karnataka. It has two plants located at Karnataka and Kerala.

The registered office of the company is located at Harangi Hydroelectric Project, Village-Hulugunda, Taluka - Somawarpet, Kodagu Distrist, Karnataka-571233.

Business area of the company:

The company’s principal activity is to generate hydroelectricity in India. It operates through two segments i.e., contract division and sale of electricity.

Products of the company:

  • Hydel power and wind power
  • Electrical materials
  • Consultancy services

Awards

2011 - EDC wins Global Client  Leadership Award from International Finance Corporation.

- The Company has formed a 100% subsidiary Company in the name of "EDCL (EUROPE) LIMITED" in the state of United Kingdom for trading & consultancy business.

- The Company has entered into a contract with Uttarakhand Jal Vidhyut Nigam Limited for Engineering, Procurement and Construction of 2 X 135 MW Limchangad Hydra Electric Project.
 
2014
- EDC publications received Anvil Awards of Excellence

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