Ujaas Energy Ltd: Intrinsic Value & Share Price Analysis

Q: What is the intrinsic value of Ujaas Energy Ltd and is it undervalued?

As of 21 April 2026, Ujaas Energy Ltd's intrinsic value is 87.19, which is 36.82% lower than the current market price of 138.00, suggesting the stock is overvalued. Calculated using the PE ratio method factoring in ROE (9.68 %), book value (6.60), dividend yield (0.00 %), and 5-year EPS CAGR.

Q: What is the current share price and 52-week range of Ujaas Energy Ltd?

Ujaas Energy Ltd is trading at 138.00 as of 21 April 2026, with a FY2026-2027 high of 225 and low of 76.5. The stock is currently in the middle of its 52-week range. Market cap stands at 1,847 Cr..

Q: Is Ujaas Energy Ltd financially healthy?

Key indicators: ROCE of 9.98 % is on the lower side. Dividend yield is 0.00 %.

Q: Is Ujaas Energy Ltd profitable and how is the profit trend?

Ujaas Energy Ltd reported a net profit of 9 Cr in Mar 2025 on revenue of 27 Cr. Compared to -110 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹315.92Undervalued by 128.93%vs CMP ₹138.00

P/E (606.0) × ROE (9.7%) × BV (₹6.60) × DY (2.00%)

₹87.19Overvalued by 36.82%vs CMP ₹138.00

MoS: -58.3% (Negative)Confidence: 63/100 (Moderate)Models: 1 Under, 8 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹361.44	23%	Under (+161.9%)
Graham Number	Earnings	₹3.66	14%	Over (-97.3%)
Earnings Power	Earnings	₹3.01	11%	Over (-97.8%)
DCF	Cash Flow	₹2.72	14%	Over (-98%)
Net Asset Value	Assets	₹6.58	7%	Over (-95.2%)
EV/EBITDA	Enterprise	₹1.88	9%	Over (-98.6%)
Earnings Yield	Earnings	₹0.90	7%	Over (-99.3%)
ROCE Capital	Returns	₹8.09	7%	Over (-94.1%)
Revenue Multiple	Revenue	₹3.02	6%	Over (-97.8%)
Consensus (9 models)		₹87.19	100%	Overvalued

Key Drivers: P/E of 606 makes PE-ROE unreliable — asset/earnings models are better benchmarks. | Wide model spread (₹1–₹361) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 14.4%

*Investments are subject to market risks

Analyst Summary

Ujaas Energy Ltd operates in the Electric Equipment - Transformers segment, NSE: UEL | BSE: 533644, current market price is ₹138.00, market cap is 1,847 Cr.. At a glance, stock P/E is 606, ROE is 9.68 %, ROCE is 9.98 %, book value is 6.60, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹87.19, around 36.8% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹27 Cr versus the prior period change of 0.8%, while latest net profit is about ₹9 Cr with a prior-period change of -69.4%. This analysis page also carries profit and loss, shareholding pattern, ratio panels data, which improves the depth of the template beyond a thin price-only snapshot. The 52-week range shown on this page is 225/76.5, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisUjaas 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 inv…

This summary is generated from the stock page data available for Ujaas Energy Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Ujaas Energy Ltd scores 39/100 (Weak)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health49/100 · Moderate

ROCE 10.0% AverageROE 9.7% AverageD/E 0.57 ModerateInterest Coverage 0.0x RiskyProfitable 2/5 years Inconsistent

Smart Money35/100 · Weak

Promoter decreased by 15.02% Caution

Earnings Quality55/100 · Moderate

OPM expanding (2% → 8%) ImprovingWorking capital: 333 days Capital intensive

Quarterly Momentum15/100 · Weak

Revenue (4Q): -28% YoY DecliningProfit (4Q): -31% YoY DecliningOPM: -18.9% (down 60.7% YoY) Margin pressure

Industry Rank30/100 · Weak

P/E 606.0 vs industry 312.6 Premium to peersROCE 10.0% vs industry 9.6% Average3Y sales CAGR: -16% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:51 am

Market Cap	1,847 Cr.
Current Price	138
Intrinsic Value	₹87.19
High / Low	225/76.5
Stock P/E	606
Book Value	6.60
Dividend Yield	0.00 %
ROCE	9.98 %
ROE	9.68 %
Face Value	1.00
PEG Ratio	42.06

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Ujaas Energy Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Ujaas Energy Ltd	1,847 Cr.	138	225/76.5	606	6.60	0.00 %	9.98 %	9.68 %	1.00
Bharat Bijlee Ltd	2,500 Cr.	2,212	3,475/2,009	19.1	1,942	1.58 %	9.66 %	7.00 %	5.00
IMP Powers Ltd	4.84 Cr.	5.60	/		318	0.00 %	9.21 %	%	10.0
Industry Average	2,173.50 Cr	785.20		312.55	755.53	0.53%	9.62%	8.34%	5.33

All Competitor Stocks of Ujaas Energy Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	6.68	8.63	7.18	6.86	5.84	6.84	6.29	4.70	8.17	7.77	2.65	4.86	3.49
Expenses	6.48	5.97	7.51	7.71	6.57	4.97	5.75	4.86	4.76	7.15	5.89	4.33	4.15
Operating Profit	0.20	2.66	-0.33	-0.85	-0.73	1.87	0.54	-0.16	3.41	0.62	-3.24	0.53	-0.66
OPM %	2.99%	30.82%	-4.60%	-12.39%	-12.50%	27.34%	8.59%	-3.40%	41.74%	7.98%	-122.26%	10.91%	-18.91%
Other Income	0.27	0.28	0.30	0.31	19.66	-3.77	4.43	1.60	3.71	-2.32	6.56	0.55	1.00
Interest	4.05	3.98	4.53	4.62	1.30	0.02	0.02	0.11	0.10	0.07	0.05	0.00	0.02
Depreciation	1.80	1.76	1.79	1.80	1.80	2.14	0.12	0.13	0.13	0.12	0.10	0.14	0.12
Profit before tax	-5.38	-2.80	-6.35	-6.96	15.83	-4.06	4.83	1.20	6.89	-1.89	3.17	0.94	0.20
Tax %	-6.13%	3.21%	-7.56%	-6.75%	-187.18%	2.22%	21.12%	34.17%	42.96%	-115.87%	21.45%	89.36%	20.00%
Net Profit	-5.05	-2.90	-5.86	-6.50	45.45	-4.14	3.82	0.80	3.93	0.30	2.49	0.10	0.16
EPS in Rs	-0.04	-0.02	-0.05	-0.05	0.69	-0.06	0.06	0.01	0.07	0.01	0.07	0.00	0.01

Last Updated: February 3, 2026, 6:46 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 7:16 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	525.54	111.10	277.12	486.35	334.17	156.00	50.88	35.09	44.67	30.16	26.73	26.94	18.77
Expenses	432.08	67.91	213.13	414.86	293.42	135.53	59.14	55.27	46.86	27.39	26.79	22.52	21.52
Operating Profit	93.46	43.19	63.99	71.49	40.75	20.47	-8.26	-20.18	-2.19	2.77	-0.06	4.42	-2.75
OPM %	17.78%	38.87%	23.09%	14.70%	12.19%	13.12%	-16.23%	-57.51%	-4.90%	9.18%	-0.22%	16.41%	-14.65%
Other Income	7.63	2.17	2.35	4.33	3.27	5.77	3.66	1.84	-86.41	1.11	16.52	7.42	5.79
Interest	11.14	18.88	16.95	19.63	17.29	16.78	13.89	16.32	13.90	16.28	10.47	0.31	0.14
Depreciation	4.70	8.08	7.99	8.17	8.22	8.28	7.91	7.54	7.40	7.20	7.53	0.50	0.48
Profit before tax	85.25	18.40	41.40	48.02	18.51	1.18	-26.40	-42.20	-109.90	-19.60	-1.54	11.03	2.42
Tax %	56.14%	36.20%	49.57%	25.18%	8.10%	-461.02%	-49.43%	-27.89%	-0.17%	-7.86%	-1,980.52%	19.76%
Net Profit	37.39	11.74	20.89	35.93	17.01	6.61	-13.35	-30.43	-109.70	-18.06	28.96	8.85	3.05
EPS in Rs	0.30	0.09	0.17	0.29	0.14	0.05	-0.11	-0.24	-0.87	-0.14	0.44	0.16	0.09
Dividend Payout %	10.70%	8.52%	7.18%	2.78%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-68.60%	77.94%	72.00%	-52.66%	-61.14%	-301.97%	-127.94%	-260.50%	83.54%	260.35%	-69.44%
Change in YoY Net Profit Growth (%)	0.00%	146.54%	-5.94%	-124.65%	-8.48%	-240.83%	174.03%	-132.56%	344.04%	176.82%	-329.79%

Ujaas Energy Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	-13%
5 Years:	-12%
3 Years:	-16%
TTM:	-10%

Compounded Profit Growth
10 Years:	-3%
5 Years:	21%
3 Years:	34%
TTM:	-84%

Stock Price CAGR
10 Years:	30%
5 Years:	116%
3 Years:	298%
1 Year:	38%

Return on Equity
10 Years:	3%
5 Years:	-4%
3 Years:	13%
Last Year:	10%

Last Updated: September 5, 2025, 1:50 pm

Balance Sheet

Last Updated: December 10, 2025, 3:35 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.03	20.03	20.03	10.53	10.66	11.11
Reserves	142.77	153.29	172.37	178.70	195.17	201.59	188.13	157.63	47.96	29.69	78.61	74.82	76.96
Borrowings	131.51	109.93	103.62	117.00	138.35	140.91	95.66	111.38	105.09	105.81	18.51	24.00	24.00
Other Liabilities	202.31	80.16	195.77	212.94	197.27	70.95	44.23	26.89	133.93	147.45	2.95	3.23	4.34
Total Liabilities	496.59	363.38	491.76	528.64	550.79	433.45	348.02	315.93	307.01	302.98	110.60	112.71	116.41
Fixed Assets	190.71	183.00	176.11	180.17	173.85	165.01	156.21	148.62	141.23	134.07	29.45	29.70	29.47
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	1.00	2.14	26.28	28.60	2.90	2.54	0.00	0.00	0.00	0.00	11.26	12.54	17.96
Other Assets	304.88	178.24	289.37	319.87	374.04	265.90	191.81	167.31	165.78	168.91	69.89	70.47	68.98
Total Assets	496.59	363.38	491.76	528.64	550.79	433.45	348.02	315.93	307.01	302.98	110.60	112.71	116.41

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	39.93	-6.71	103.69	-16.33	-34.21	-17.25	42.99	0.93	7.20	-0.47	121.70	2.78
Cash from Investing Activity +	-130.65	34.72	-76.68	21.96	21.72	25.01	14.68	-1.33	-0.92	-3.68	-0.81	-9.32
Cash from Financing Activity +	92.82	-43.52	-24.80	-4.85	3.07	-14.02	-55.29	-1.11	-0.84	-0.68	-121.28	5.19
Net Cash Flow	2.10	-15.51	2.21	0.78	-9.42	-6.27	2.39	-1.51	5.43	-4.83	-0.40	-1.35
Free Cash Flow	-66.18	-7.12	102.61	-18.46	-36.10	-16.61	43.34	0.93	7.20	-0.52	121.69	2.05
CFO/OP	53%	24%	172%	-8%	-56%	-82%	-538%	13%	-321%	-27%	-202,883%	65%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-38.05	-66.74	-39.63	-45.51	-97.60	-120.44	-103.92	-131.56	-107.28	-103.04	-18.57	-19.58

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

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	122.94	270.68	154.43	142.60	201.42	360.46	715.51	929.92	643.31	1,025.78	364.73	323.81
Inventory Days	37.04	473.89	153.97	43.62	140.71	175.31	683.66	419.84	560.30
Days Payable	125.32	255.89	234.96	127.38	183.44	74.34	121.93	57.66	66.82
Cash Conversion Cycle	34.66	488.68	73.44	58.84	158.69	461.44	1,277.23	1,292.11	1,136.79	1,025.78	364.73	323.81
Working Capital Days	36.14	356.23	74.50	47.63	108.66	298.95	793.13	223.85	-724.28	-1,223.16	268.73	333.43
ROCE %	42.79%	12.90%	20.00%	21.79%	10.56%	4.97%	-3.77%	-8.73%	-3.47%	-2.01%	14.04%	9.98%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	0.01%	0.01%	0.01%	0.01%	94.97%	94.97%	93.79%	93.79%	93.79%	89.98%	89.98%	74.96%
Public	99.99%	99.99%	99.99%	100.00%	5.04%	5.04%	6.22%	6.22%	6.22%	10.02%	10.02%	25.04%
No. of Shareholders	1,28,111	1,25,981	1,25,070	1,26,183	58,064	55,551	53,701	53,245	52,854	51,663	50,847	50,248

Shareholding Pattern Chart

No. of Shareholders

Ujaas Energy Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 18	Mar 17	Mar 16	Mar 15
FaceValue	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	0.85	1.82	1.01	0.58
Diluted EPS (Rs.)	0.85	1.82	1.01	0.58
Cash EPS (Rs.)	1.26	2.23	1.41	0.98
Book Value[Excl.RevalReserv]/Share (Rs.)	10.75	9.93	9.59	8.66
Book Value[Incl.RevalReserv]/Share (Rs.)	10.75	9.93	9.59	8.66
Revenue From Operations / Share (Rs.)	16.71	24.32	13.86	5.55
PBDIT / Share (Rs.)	2.18	3.75	3.21	2.22
PBIT / Share (Rs.)	1.77	3.35	2.82	1.82
PBT / Share (Rs.)	0.92	2.43	2.04	0.91
Net Profit / Share (Rs.)	0.84	1.82	1.01	0.58
NP After MI And SOA / Share (Rs.)	0.84	1.82	1.01	0.58
PBDIT Margin (%)	13.04	15.43	23.20	39.99
PBIT Margin (%)	10.58	13.75	20.31	32.72
PBT Margin (%)	5.52	9.98	14.72	16.50
Net Profit Margin (%)	5.07	7.49	7.32	10.51
NP After MI And SOA Margin (%)	5.07	7.49	7.32	10.51
Return on Networth / Equity (%)	7.88	18.36	10.58	6.74
Return on Capital Employeed (%)	10.82	20.41	16.89	11.60
Return On Assets (%)	3.07	6.90	4.13	3.21
Long Term Debt / Equity (X)	0.31	0.39	0.46	0.57
Total Debt / Equity (X)	0.59	0.53	0.48	0.57
Asset Turnover Ratio (%)	0.61	0.95	0.64	0.00
Current Ratio (X)	1.62	1.64	1.95	3.53
Quick Ratio (X)	1.18	1.41	1.43	2.25
Inventory Turnover Ratio (X)	3.55	5.90	2.87	0.00
Dividend Payout Ratio (NP) (%)	5.89	0.00	7.39	8.56
Dividend Payout Ratio (CP) (%)	3.97	0.00	5.30	5.06
Earning Retention Ratio (%)	94.11	0.00	92.61	91.44
Cash Earning Retention Ratio (%)	96.03	0.00	94.70	94.94
Interest Coverage Ratio (X)	2.58	4.09	4.15	2.47
Interest Coverage Ratio (Post Tax) (X)	2.00	2.99	2.31	1.65
Enterprise Value (Cr.)	391.81	745.01	477.53	422.44
EV / Net Operating Revenue (X)	1.17	1.53	1.72	3.80
EV / EBITDA (X)	8.99	9.92	7.43	9.51
MarketCap / Net Operating Revenue (X)	0.90	1.39	1.63	3.05
Retention Ratios (%)	94.10	0.00	92.60	91.43
Price / BV (X)	1.41	3.40	2.36	1.96
Price / Net Operating Revenue (X)	0.90	1.39	1.63	3.05
EarningsYield	0.05	0.05	0.04	0.03

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

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. 26.94 Cr. and Equity Capital is Rs. 10.66 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Electric Equipment - Transformers	Survey No. 211/1, Opposite Sector- C and Metalman, Sanwer Road, Indore Madhya Pradesh 452015	Contact not found

Management
Name	Position Held
Mr. Shyamsunder Mundra	Chairman & Managing Director
Mr. Anurag Mundra	Director & CFO
Mr. Vikalp Mundra	Director
Mr. Nilesh Rathi	Independent Director
Mr. Girish Kataria	Independent Director
Ms. Surabhi Agrawal	Independent Director

FAQ

What is the intrinsic value of Ujaas Energy Ltd and is it undervalued?

As of 21 April 2026, Ujaas Energy Ltd's intrinsic value is ₹87.19, which is 36.82% lower than the current market price of ₹138.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (9.68 %), book value (₹6.60), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Ujaas Energy Ltd?

Ujaas Energy Ltd is trading at ₹138.00 as of 21 April 2026, with a FY2026-2027 high of ₹225 and low of ₹76.5. The stock is currently in the middle of its 52-week range. Market cap stands at ₹1,847 Cr..

How does Ujaas Energy Ltd's P/E ratio compare to its industry?

Ujaas Energy Ltd has a P/E ratio of 606, which is above the industry average of 312.55. The premium over industry average may reflect growth expectations or speculative interest.

Is Ujaas Energy Ltd financially healthy?

Key indicators for Ujaas Energy Ltd: ROCE of 9.98 % is on the lower side compared to the industry average of 9.62%. Dividend yield is 0.00 %.

Is Ujaas Energy Ltd profitable and how is the profit trend?

Ujaas Energy Ltd reported a net profit of ₹9 Cr in Mar 2025 on revenue of ₹27 Cr. Compared to ₹-110 Cr in Mar 2022, the net profit shows an improving trend.

Does Ujaas Energy Ltd pay dividends?

Ujaas Energy Ltd has a dividend yield of 0.00 % at the current price of ₹138.00. The company is currently not paying meaningful dividends.