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Last Updated on: 25 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Ujaas Energy Ltd

Basic Stock Data

Last Updated: July 26, 2024, 1:08 am

Market Cap 546 Cr.
Current Price 27.1
High / Low27.1/1.85
Stock P/E22.8
Book Value 3.62
Dividend Yield0.00 %
ROCE1.55 %
ROE29.5 %
Face Value 1.00
PEG Ratio0.87

Data Source: screener.in

Competitors of Ujaas Energy Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Alfa Transformers Ltd 83.4 Cr. 91.2126/38.910.9 24.10.00 %11.5 %41.8 % 10.0
Ujaas Energy Ltd 546 Cr. 27.127.1/1.8522.8 3.620.00 %1.55 %29.5 % 1.00
IMP Powers Ltd 4.84 Cr. 5.607.25/3.55 3090.00 %78.4 %% 10.0
Bharat Bijlee Ltd 5,122 Cr. 4,5325,701/1,71239.4 1,6510.77 %10.6 %8.11 % 5.00
Industry Average5,122.00 Cr1,542.9325.15661.370.26%33.50%24.96%8.33

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales6881214118879776
Expenses91661215157866887
Operating Profit-2-830-1-41-003-0-1-1
OPM %-34%-105%34%0%-6%-40%9%-1%3%31%-5%-12%-12%
Other Income000-881000000020
Interest4543344444551
Depreciation2222222222222
Profit before tax-7-14-2-93-5-10-5-6-5-3-6-716
Tax %27%23%26%14%25%-149%10%11%6%-3%8%7%-187%
Net Profit-5-11-2-79-4-25-4-5-5-3-6-645
EPS in Rs-0.27-0.56-0.09-3.97-0.18-1.25-0.22-0.26-0.25-0.14-0.29-0.322.27

Last Updated: July 10, 2024, 11:01 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: July 10, 2024, 11:01 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales342435261112774863341565135453129
Expenses34197432682134152931365955472728
Operating Profit046934364714120-8-20-241
OPM %1%19%18%39%23%15%12%13%-16%-58%-5%11%3%
Other Income3582243642-86121
Interest151119172017171416141614
Depreciation0258888888777
Profit before tax24485184148191-26-42-110-19-0
Tax %54%38%56%36%50%25%8%-461%49%28%0%7%
Net Profit12737122136177-13-30-110-1730
EPS in Rs0.051.351.870.591.041.800.850.33-0.67-1.52-5.48-0.871.52
Dividend Payout %0%11%11%9%7%3%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)2600.00%37.04%-67.57%75.00%71.43%-52.78%-58.82%-285.71%-130.77%-266.67%84.55%
Change in YoY Net Profit Growth (%)0.00%-2562.96%-104.60%142.57%-3.57%-124.21%-6.05%-226.89%154.95%-135.90%351.21%

Balance Sheet

Last Updated: July 10, 2024, 11:01 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital20202020202020202020202020
Reserves87110143153172179195202188158483118
Borrowings292613211010411713814196111105106110
Other Liabilities810220280196213197714427134148151
Total Liabilities143258497363492529551433348316307304299
Fixed Assets4040191183176180174165156149141134130
CWIP01200000000000
Investments001226293300000
Other Assets104206305178289320374266192167166170169
Total Assets143258497363492529551433348316307304299

Reserves and Borrowings Chart

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-29.0020.00-39.00-67.00-40.00-46.00-97.00-121.00-104.00-131.00-107.00-102.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days1601311232711541432013607169306431,001
Inventory Days1295037474154441411756844205601,029
Days Payable53157125256235127183741225867127
Cash Conversion Cycle236243548973591594611,2771,2921,1371,902
Working Capital Days332524235680691744701,0561,38213469
ROCE %4%34%43%13%20%22%11%5%-4%-9%-3%-2%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.00%
Public99.99%99.99%99.99%99.99%99.99%99.99%99.99%99.98%99.99%99.99%99.99%100.00%
No. of Shareholders80,05884,11984,9191,04,0401,36,1281,36,8821,33,6731,30,6681,28,1111,25,9811,25,0701,26,183

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 18Mar 17Mar 16Mar 15
FaceValue1.001.001.001.00
Basic EPS (Rs.)0.851.821.010.58
Diluted EPS (Rs.)0.851.821.010.58
Cash EPS (Rs.)1.262.231.410.98
Book Value[Excl.RevalReserv]/Share (Rs.)10.759.939.598.66
Book Value[Incl.RevalReserv]/Share (Rs.)10.759.939.598.66
Revenue From Operations / Share (Rs.)16.7124.3213.865.55
PBDIT / Share (Rs.)2.183.753.212.22
PBIT / Share (Rs.)1.773.352.821.82
PBT / Share (Rs.)0.922.432.040.91
Net Profit / Share (Rs.)0.841.821.010.58
NP After MI And SOA / Share (Rs.)0.841.821.010.58
PBDIT Margin (%)13.0415.4323.2039.99
PBIT Margin (%)10.5813.7520.3132.72
PBT Margin (%)5.529.9814.7216.50
Net Profit Margin (%)5.077.497.3210.51
NP After MI And SOA Margin (%)5.077.497.3210.51
Return on Networth / Equity (%)7.8818.3610.586.74
Return on Capital Employeed (%)10.8220.4116.8911.60
Return On Assets (%)3.076.904.133.21
Long Term Debt / Equity (X)0.310.390.460.57
Total Debt / Equity (X)0.590.530.480.57
Asset Turnover Ratio (%)0.610.950.640.00
Current Ratio (X)1.621.641.953.53
Quick Ratio (X)1.181.411.432.25
Inventory Turnover Ratio (X)3.555.902.870.00
Dividend Payout Ratio (NP) (%)5.890.007.398.56
Dividend Payout Ratio (CP) (%)3.970.005.305.06
Earning Retention Ratio (%)94.110.0092.6191.44
Cash Earning Retention Ratio (%)96.030.0094.7094.94
Interest Coverage Ratio (X)2.584.094.152.47
Interest Coverage Ratio (Post Tax) (X)2.002.992.311.65
Enterprise Value (Cr.)391.81745.01477.53422.44
EV / Net Operating Revenue (X)1.171.531.723.80
EV / EBITDA (X)8.999.927.439.51
MarketCap / Net Operating Revenue (X)0.901.391.633.05
Retention Ratios (%)94.100.0092.6091.43
Price / BV (X)1.413.402.361.96
Price / Net Operating Revenue (X)0.901.391.633.05
EarningsYield0.050.050.040.03

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 24.84

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Overvalued: 8.36% compared to the current price 27.1

Intrinsic Value: 31.32

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 15.57% compared to the current price 27.1

Last 5 Year EPS CAGR: 26.11%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (129.54 cr) compared to borrowings (101.92 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (181.38 cr) and profit (4.69 cr) over the years.
  1. The stock has a low average ROCE of 11.17%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 148.33, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 128.33, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Ujaas Energy Ltd:
    1. Net Profit Margin: 5.07%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 10.82% (Industry Average ROCE: 33.50%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ✓ ROE%: 7.88% (Industry Average ROE: 24.96%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 2.00
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.18
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. ✓ Stock P/E: 22.8 (Industry average Stock P/E: 25.15)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. ✓ Total Debt / Equity: 0.59
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company

Ujaas Energy Ltd. is a Public Limited Listed company incorporated on 09/06/1999 and has its registered office in the State of Madhya Pradesh, India. Company’s Corporate Identification Number(CIN) is L31200MP1999PLC013571 and registration number is 013571. Currently Company is involved in the business activities of Electric power generation using solar energy. Company’s Total Operating Revenue is Rs. 44.67 Cr. and Equity Capital is Rs. 20.03 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Electric Equipment - TransformersSurvey No. 211/1, Opposite Sector- C and Metalman, Indore Madhya Pradesh 452015info@ujaas.com
http://www.ujaas.com
Management
NamePosition Held
Mr. Shyam Sunder MundraChairman & Director
Mr. Vikalp MundraDirector
Mr. Anurag MundraDirector & CFO

FAQ

What is the latest fair value of Ujaas Energy Ltd?

The latest fair value of Ujaas Energy Ltd is ₹24.84.

What is the Market Cap of Ujaas Energy Ltd?

The Market Cap of Ujaas Energy Ltd is 546 Cr..

What is the current Stock Price of Ujaas Energy Ltd as on 25 July 2024?

The current stock price of Ujaas Energy Ltd as on 25 July 2024 is 27.1.

What is the High / Low of Ujaas Energy Ltd stocks in FY 2024?

In FY 2024, the High / Low of Ujaas Energy Ltd stocks is 27.1/1.85.

What is the Stock P/E of Ujaas Energy Ltd?

The Stock P/E of Ujaas Energy Ltd is 22.8.

What is the Book Value of Ujaas Energy Ltd?

The Book Value of Ujaas Energy Ltd is 3.62.

What is the Dividend Yield of Ujaas Energy Ltd?

The Dividend Yield of Ujaas Energy Ltd is 0.00 %.

What is the ROCE of Ujaas Energy Ltd?

The ROCE of Ujaas Energy Ltd is 1.55 %.

What is the ROE of Ujaas Energy Ltd?

The ROE of Ujaas Energy Ltd is 29.5 %.

What is the Face Value of Ujaas Energy Ltd?

The Face Value of Ujaas Energy Ltd is 1.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Ujaas Energy Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE