Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Fundamental Analysis of Energy Development Company Ltd

About the Company - Energy Development Company Ltd

Energy Development Company Ltd. is a Public Limited Listed company incorporated on 19/01/1995 and has its registered office in the State of Karnataka, India. Company’s Corporate Identification Number(CIN) is L85110KA1995PLC017003 and registration number is 017003. Currently Company is involved in the business activities of Electric power generation, transmission and distribution. Company’s Total Operating Revenue is Rs. 12.94 Cr. and Equity Capital is Rs. 47.50 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Power - Generation/DistributionHarangi Hydro Electric Project, Village - Hulugunda, Kodagu District Karnataka 571233edclhhep@gmail.com
http://www.edclgroup.com
Management
NamePosition Held
Mr. Vinod Kumar SharmaExecutive Director
Mrs. Pankaja Kumari SinghDirector
Mr. Rohit PanditDirector
Mr. Aman JainDirector
Mr. Vishal SharmaDirector

Energy Development Company Ltd. Share Price Update

Share PriceValue
Today₹20.61
Previous Day₹20.09

Basic Stock Data of Energy Development Company Ltd

Market Cap 90.9 Cr.
Current Price 19.1
High / Low24.2/13.6
Stock P/E44.4
Book Value 21.8
Dividend Yield0.00 %
ROCE7.51 %
ROE4.16 %
Face Value 10.0

Energy Development Company Ltd Quarterly Results

MonthJun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023
Sales4.9412.369.934.068.6717.7711.545.007.5616.699.643.555.85
Expenses3.074.054.283.202.563.262.404.132.572.942.854.302.74
Operating Profit1.878.315.650.866.1114.519.140.874.9913.756.79-0.753.11
OPM %37.85%67.23%56.90%21.18%70.47%81.65%79.20%17.40%66.01%82.38%70.44%-21.13%53.16%
Other Income0.570.590.660.390.610.690.610.622.080.620.691.210.33
Interest4.584.684.704.824.804.774.672.994.194.303.851.452.68
Depreciation2.582.612.602.562.572.602.602.562.582.582.582.562.55
Profit before tax-4.721.61-0.99-6.13-0.657.832.48-4.060.307.491.05-3.55-1.79
Tax %3.60%-7.45%10.10%57.42%-29.23%-7.41%-6.85%26.35%-76.67%-2.67%-19.05%-48.17%10.61%
Net Profit-4.561.73-0.89-2.61-0.848.422.64-2.990.547.691.24-5.27-1.61
EPS in Rs-0.880.44-0.09-0.47-0.101.860.63-0.550.191.710.34-1.35-0.34

Energy Development Company Ltd Quarterly Chart

Energy Development Company Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales65.8751.3548.7437.65150.05115.0259.9134.9429.9431.2942.9837.4435.73
Expenses48.8640.2815.2110.20138.86106.0039.9019.5317.5514.6112.3612.6512.83
Operating Profit17.0111.0733.5327.4511.199.0220.0115.4112.3916.6830.6224.7922.90
OPM %25.82%21.56%68.79%72.91%7.46%7.84%33.40%44.10%41.38%53.31%71.24%66.21%64.09%
Other Income9.843.615.977.824.9437.432.083.822.022.222.544.602.85
Interest11.5410.5941.7136.8319.7030.4820.5419.7418.3218.7814.9213.7912.28
Depreciation6.266.5510.1911.8611.0310.9011.7011.1610.4610.3610.3210.3110.27
Profit before tax9.05-2.46-12.40-13.42-14.605.07-10.15-11.67-14.37-10.247.925.293.20
Tax %20.88%218.70%17.02%-3.80%-3.49%21.70%-29.16%39.50%68.82%38.18%-20.58%20.42%
Net Profit7.162.93-10.28-13.94-15.113.98-13.11-7.05-4.48-6.329.544.212.05
EPS in Rs2.601.07-3.74-5.07-3.180.98-2.45-1.17-0.64-1.012.010.890.36
Dividend Payout %46.09%75.09%-13.38%-9.86%-15.72%51.08%-20.40%-42.64%-78.12%0.00%0.00%0.00%

Energy Development Company Ltd Profit & Loss Yearly Chart

Energy Development Company Ltd Growth

Compounded Sales Growth
10 Years::-3%
5 Years::-9%
3 Years::8%
TTM::-15%

Energy Development Company Ltd Growth

Compounded Profit Growth
10 Years::4%
5 Years::19%
3 Years::50%
TTM::-77%

Energy Development Company Ltd Growth

Stock Price CAGR
10 Years::3%
5 Years::14%
3 Years::40%
1 Year::-2%

Energy Development Company Ltd Growth

Return on Equity
10 Years::-8%
5 Years::0%
3 Years::3%
Last Year::4%

Energy Development Company Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Equity Capital27.5027.5027.5027.5047.5047.5047.5047.5047.5047.5047.5047.50
Reserves102.35102.7090.8177.18101.8975.3860.9652.5546.5941.9251.6255.90
Preference Capital33.5033.5033.500.000.000.0023.6423.8324.0524.2924.5624.86
Borrowings189.44258.97297.84140.39130.82166.03141.74141.57135.85138.60135.60133.63
Other Liabilities86.2777.1771.40246.27231.71111.07109.69103.45115.92117.50117.79119.15
Total Liabilities405.56466.34487.55491.34511.92399.98359.89345.07345.86345.52352.51356.18
Fixed Assets94.4890.63230.36217.01206.61196.88203.29192.13181.85171.77161.54151.24
CWIP249.24321.02213.59239.19244.1846.9429.7129.7129.7129.7129.7129.71
Investments0.190.190.190.190.0225.9712.3112.3112.3112.3112.2912.29
Other Assets61.6554.5043.4134.9561.11130.19114.58110.92121.99131.73148.97162.94
Total Assets405.56466.34487.55491.34511.92399.98359.89345.07345.86345.52352.51356.18

Energy Development Company Ltd Reserves and Borrowings Chart

Energy Development Company Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 14.5419.8838.7923.2710.465.6616.6915.3018.1415.3128.1018.99
Cash from Investing Activity -95.73-71.27-42.02-13.55-26.03-5.298.91-1.93-1.50-4.21-10.65-5.22
Cash from Financing Activity 73.7956.63-0.84-7.7516.45-3.88-21.68-18.51-14.91-11.18-14.80-12.63
Net Cash Flow-7.405.24-4.071.970.89-3.513.92-5.131.73-0.072.661.14

Energy Development Company Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days118.08180.19138.9298.0183.27144.45235.66381.09441.19439.07337.82401.66
Inventory Days
Days Payable
Cash Conversion Cycle118.08180.19138.9298.0183.27144.45235.66381.09441.19439.07337.82401.66
Working Capital Days-72.92-84.87-141.31-98.21-88.64-21.3667.75152.5224.38101.3778.38100.61
ROCE %6.60%2.09%6.18%6.12%1.94%-0.35%3.71%3.03%1.53%3.45%9.17%7.51%

Energy Development Company Ltd Financial Efficiency Indicators Chart

No valid data available for the Shareholding

Energy Development Company Ltd Shareholding Pattern Chart

No. of Energy Development Company Ltd Shareholders

This stock is not held by any mutual fund

Energy Development Company Ltd ROCE Trend

Energy Development Company Ltd EPS Trend

Energy Development Company Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)0.891.52-1.33-0.94-1.17
Diluted EPS (Rs.)0.891.52-1.33-0.94-1.17
Cash EPS (Rs.)3.063.690.851.260.86
Book Value[Excl.RevalReserv]/Share (Rs.)20.3818.9917.4318.7420.30
Book Value[Incl.RevalReserv]/Share (Rs.)20.3818.9917.4318.7420.30
Revenue From Operations / Share (Rs.)7.889.056.596.307.36
PBDIT / Share (Rs.)6.196.983.983.034.05
PBIT / Share (Rs.)4.024.811.800.831.70
PBT / Share (Rs.)1.111.18-2.15-3.02-2.46
Net Profit / Share (Rs.)0.881.52-1.33-0.94-1.49
NP After MI And SOA / Share (Rs.)0.881.83-1.00-0.63-1.17
PBDIT Margin (%)78.4977.1560.4048.1455.01
PBIT Margin (%)50.9653.1427.2913.2223.08
PBT Margin (%)14.1213.04-32.70-47.96-33.39
Net Profit Margin (%)11.2516.83-20.19-14.93-20.19
NP After MI And SOA Margin (%)11.2520.27-15.26-10.13-15.94
Return on Networth / Equity (%)4.078.86-5.34-3.22-5.57
Return on Capital Employeed (%)9.9712.083.521.593.11
Return On Assets (%)1.182.47-1.38-0.87-1.60
Long Term Debt / Equity (X)0.901.001.761.651.61
Total Debt / Equity (X)1.531.631.771.661.62
Asset Turnover Ratio (%)0.120.040.030.030.04
Current Ratio (X)0.780.761.071.051.17
Quick Ratio (X)0.780.761.061.041.15
Inventory Turnover Ratio (X)0.030.330.670.740.49
Dividend Payout Ratio (NP) (%)0.000.000.00-78.23-42.61
Dividend Payout Ratio (CP) (%)0.000.000.0032.0142.52
Earning Retention Ratio (%)0.000.000.00178.23142.61
Cash Earning Retention Ratio (%)0.000.000.0067.9957.48
Interest Coverage Ratio (%)2.131.921.010.780.97
Interest Coverage Ratio (Post Tax) (%)1.311.420.660.750.64
Enterprise Value (Cr.)207.04234.64190.48168.86189.09
EV / Net Operating Revenue (X)5.535.466.095.645.41
EV / EBITDA (X)7.047.0810.0811.719.84
MarketCap / Net Operating Revenue (X)1.992.321.350.700.92
Retention Ratios (%)0.000.000.00178.23142.61
Price / BV (X)0.721.010.470.220.32
Price / Net Operating Revenue (X)1.992.321.350.700.92
EarningsYield0.050.08-0.11-0.14-0.17

Energy Development Company Ltd Profitability Ratios (%)

Energy Development Company Ltd Liquidity Ratios

Energy Development Company Ltd Liquidity Ratios (%)

Energy Development Company Ltd Interest Coverage Ratios (%)

Energy Development Company Ltd Valuation Ratios

Fair Value of Energy Development Company Ltd Stock

Fair Value: ₹41.07

The stock is undervalued by 115.03% compared to the current price ₹19.1

*Investments are subject to market risks

Strength and Weakness of Energy Development Company Ltd Stock

StrengthWeakness

The stock has a high average ROCE, which is a positive sign.

The stock has a low average Working Capital Days, which is a positive sign.

The company has higher reserves compared to borrowings, indicating strong financial stability.

The stock has a high average Cash Conversion Cycle, which may not be favorable.

The company has not shown consistent growth in sales and profit.