Energy Development Company Ltd - Stock Valuation and Financial Performance

BSE: 532219 | NSE: ENERGYDEV | Power Generation/Distribution | Small Cap

Energy Development Share Price

27.38 -0.46 -1.65%
as on 04-Dec'24 16:59

DeciZen - make an informed investing decision on Energy Development

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

1. Quality

2. Valuation

Overvalued

3. Price Trend

Energy Development Company stock performance -

mw4me loader
P/E Ratio (SA):
223.85
Market Cap:
130.1 Cr.
52-wk low:
18.9
52-wk high:
36.7

Is Energy Development Company Ltd an attractive stock to invest in?

1. Is Energy Development Company Ltd a good quality company?

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

2. Is Energy Development Company Ltd undervalued or overvalued?

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.

3. Is Energy Development Company Ltd a good buy now?

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

10 Year X-Ray of Energy Development:

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

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 5.3%2.4%4%2.4%-3.7%-0.3%1.1%3.1%1.7%-0.3%-
Value Creation
Index
-0.6-0.8-0.7-0.8-1.3-1.0-0.9-0.8-0.9-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 21.813410340.213.310.811.412.912.89.511
Sales YoY Gr.-514.7%-22.8%-61%-66.8%-19.3%5.6%13.8%-0.9%-25.6%-
Adj EPS 0.40.4-0.10.2-1.7-0.6-0.10.70.2-0.40.1
YoY Gr.--7.9%-117.1%NA-886.4%NANANA-77.3%-340%-
BVPS (₹) 48.737.237.637.33533.833.734.434.534.234.6
Adj Net
Profit
11.7-0.31-8.2-2.9-0.43.10.7-1.71
Cash Flow from Ops. 5.84.10.53.2-6.3-0.90.32.5-1.6-5.9-
Debt/CF from Ops. 0.82.2355.6-2.8-21.170.48.3-15.2-4.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -8.8%-6.5%-5.7%-25.6%
Adj EPS -199.4%NANA-340%
BVPS-3.9%-0.5%0.4%-1.1%
Share Price 3% 34.6% 15.5% 43.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
0.81.1-0.20.6-4.8-1.8-0.31.90.4-10.4
Op. Profit
Mgn %
20.35.11.45.6-73.4-15.710.134.735.117.232.6
Net Profit
Mgn %
4.81.3-0.32.6-61.8-27.1-3.524.15.5-17.75
Debt to
Equity
00.10.10.10.10.10.10.10.20.20
Working Cap
Days
8051564041,2693,6614,4374,3323,9714,2235,95111,520
Cash Conv.
Cycle
4919391083838066563234137132,986

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 0.30%

Sales growth has been subdued in last 3 years -5.68%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 3.60%

Latest Financials - Energy Development Company Ltd.

Standalone Consolidated
TTM EPS (₹) 0.1 0.6
TTM Sales (₹ Cr.) 11.5 35
BVPS (₹.) 34.6 22.6
Reserves (₹ Cr.) 117 60
P/BV 0.79 1.21
PE 223.85 50.16
From the Market
52 Week Low / High (₹) 18.92 / 36.69
All Time Low / High (₹) 3.35 / 354.00
Market Cap (₹ Cr.) 130
Equity (₹ Cr.) 47.5
Face Value (₹) 10
Industry PE 29.3

Management X-Ray of Energy Development:

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 Energy Development

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales2213410340131111131310
Operating Expenses 1712710238231310988
Manufacturing Costs91189027233232
Material Costs0100010000
Employee Cost 3334544222
Other Costs 65871754544
Operating Profit 4712-10-21442
Operating Profit Margin (%) 20.3%5.0%1.2%5.2%-74.8%-17.2%8.9%33.4%34.6%16.0%
Other Income 9045644411
Interest 8223322331
Depreciation 4333333333
Exceptional Items 0050000000
Profit Before Tax 1252-10-3031-2
Tax 0120-200000
Profit After Tax 1231-8-3031-2
PAT Margin (%) 6.3%1.2%3.3%3.4%-58.8%-27.9%-4.4%23.1%5.1%-18.6%
Adjusted EPS (₹)0.50.30.70.3-1.7-0.6-0.10.60.1-0.4
Dividend Payout Ratio (%)100%147%70%171%-30%-79%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 134177179177167161160163164162
Share Capital 28484848484848484848
Reserves 107129131130119113113116117115
Minority Interest0000000000
Debt591718181821212428
Long Term Debt03710161720000
Short Term Debt56107111212428
Trade Payables6243020121314141613
Others Liabilities 7426548515455565657
Total Liabilities 151252291263247245250254260261

Fixed Assets

Gross Block95954545454545454545
Accumulated Depreciation47513691114171922
Net Fixed Assets48454239363331282623
CWIP 0000000000
Investments 711159983797979797979
Inventories3111111111
Trade Receivables9334437353536384039
Cash Equivalents 4674211322
Others Assets175197999496102105113118
Total Assets 151252291263247245250254260261

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 6403-6-103-2-6
PBT 1252-10-3031-2
Adjustment 65-151312244
Changes in Working Capital -1-1-4-2-91-1-2-6-7
Tax Paid -1-20-1-100000
Cash Flow From Investing Activity 75-48-4-1102-31-21
Capex 0000000000
Net Investments 30151262000-20
Others 44-62-16-782-3101
Cash Flow From Financing Activity -81463-3-4-12-124
Net Proceeds from Shares 04400000000
Net Proceeds from Borrowing 0004600000
Interest Paid -13-1-2-2-1-10000
Dividend Paid -1-1-2-2-2-20000
Others -6747-3-623-124
Net Cash Flow 02-1-10002-1-1
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)1.031.041.920.78-4.57-1.84-0.311.850.4-1.09
ROCE (%)5.282.424.022.36-3.74-0.31.093.051.65-0.26
Asset Turnover Ratio0.120.660.380.150.050.040.050.050.050.04
PAT to CFO Conversion(x)6203N/AN/AN/A1-2N/A
Working Capital Days
Receivable Days179581373689841,1901,1381,0381,1071,501
Inventory Days426511373722171520
Payable Days04,7570006,4820000

Energy Development Company Ltd Stock News

Energy Development Company Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Energy Development on 04-Dec-2024 16:59 is ₹27.38.
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 04-Dec-2024 16:59 the market cap of Energy Development stood at ₹130.1.
The latest P/E ratio of Energy Development as of 04-Dec-2024 16:59 is 223.8.
The latest P/B ratio of Energy Development as of 04-Dec-2024 16:59 is 0.79.
The 52-week high of Energy Development is ₹36.69 and the 52-week low is ₹18.92.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Energy Development is ₹11.45 ( Cr.) .

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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