MarketFriction

Ujaas Energy Ltd

NSE UEL · BSE 533644 · Power Generation
₹183.67 -0.68%
NSE close2026-10-01
52 week range97.03 - 284.20
Market cap₹2,463 Cr.
P/E627
Price band 5% Delivery 54.1%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales6.865.846.846.294.708.177.772.654.863.495.643.03
Expenses7.716.574.975.754.864.767.155.894.334.156.195.82
Operating Profit-0.85-0.731.870.54-0.163.410.62-3.240.53-0.66-0.55-2.79
OPM %-12.39%-12.50%27.34%8.59%-3.40%41.74%7.98%-122.26%10.91%-18.91%-9.75%-92.08%
Other Income0.3119.66-3.774.431.603.71-2.326.560.551.001.277.19
Interest4.621.300.020.020.110.100.070.050.000.020.080.02
Depreciation1.801.802.140.120.130.130.120.100.140.120.120.12
Profit before tax-6.9615.83-4.064.831.206.89-1.893.170.940.200.524.26
Tax %-6.75%-187.18%2.22%21.12%34.17%42.96%-115.87%21.45%89.36%20.00%17.31%23.71%
Net Profit-6.5045.45-4.143.820.803.930.302.490.100.160.423.25
EPS in Rs-0.050.69-0.060.060.010.070.010.070.000.010.030.24
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales277.12486.35334.17156.0050.8835.0944.6730.1626.7326.9416.6417.02
Expenses213.13414.86293.42135.5359.1455.2746.8627.3926.7922.5220.5520.49
Operating Profit63.9971.4940.7520.47-8.26-20.18-2.192.77-0.064.42-3.91-3.47
OPM %23.09%14.70%12.19%13.12%-16.23%-57.51%-4.90%9.18%-0.22%16.41%-23.50%-20.39%
Other Income2.354.333.275.773.661.84-86.411.1116.527.429.3810.01
Interest16.9519.6317.2916.7813.8916.3213.9016.2810.470.310.160.12
Depreciation7.998.178.228.287.917.547.407.207.530.500.480.50
Profit before tax41.4048.0218.511.18-26.40-42.20-109.90-19.60-1.5411.034.835.92
Tax %49.57%25.18%8.10%-461.02%-49.43%-27.89%-0.17%-7.86%-1,980.52%19.76%34.58%
Net Profit20.8935.9317.016.61-13.35-30.43-109.70-18.0628.968.853.163.93
EPS in Rs0.170.290.140.05-0.11-0.24-0.87-0.140.440.160.240.28
Dividend Payout %7.18%2.78%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-25%-14%-18%-27%
Compounded Profit Growth-18%16%29%-48%
Stock Price CAGR31%158%400%100%
Return on Equity2%2%20%3%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital20.0020.0020.0020.0020.0020.0020.0320.0320.0310.5310.6613.34
Reserves153.29172.37178.70195.17201.59188.13157.6347.9629.6978.6174.8275.33
Borrowings109.93103.62117.00138.35140.9195.66111.38105.09105.8118.5124.0024.00
Other Liabilities80.16195.77212.94197.2770.9544.2326.89133.93147.452.953.244.43
Total Liabilities363.38491.76528.64550.79433.45348.02315.93307.01302.98110.60112.72117.10
Fixed Assets183.00176.11180.17173.85165.01156.21148.62141.23134.0729.4529.7029.24
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments2.1426.2828.602.902.540.000.000.000.0011.2612.5413.56
Other Assets178.24289.37319.87374.04265.90191.81167.31165.78168.9169.8970.4874.30
Total Assets363.38491.76528.64550.79433.45348.02315.93307.01302.98110.60112.72117.10
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-6.71103.69-16.33-34.21-17.2542.990.937.20-0.47121.702.784.38
Cash from Investing Activity34.72-76.6821.9621.7225.0114.68-1.33-0.92-3.68-0.81-9.32-4.02
Cash from Financing Activity-43.52-24.80-4.853.07-14.02-55.29-1.11-0.84-0.68-121.285.19-0.15
Net Cash Flow-15.512.210.78-9.42-6.272.39-1.515.43-4.83-0.40-1.350.20
Free Cash Flow-7.12102.61-18.46-36.10-16.6143.340.937.20-0.52121.692.054.68
CFO/OP24%172%-8%-56%-82%-538%13%-321%-27%-202,883%65%-113%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days270.68154.43142.60201.42360.46715.51929.92643.311,025.78364.73323.81486.74
Inventory Days473.89153.9743.62140.71175.31683.66419.84560.30
Days Payable255.89234.96127.38183.4474.34121.9357.6666.82
Cash Conversion Cycle488.6873.4458.84158.69461.441,277.231,292.111,136.791,025.78364.73323.81486.74
Working Capital Days356.2374.5047.63108.66298.95793.13223.85-724.28-1,223.16268.73333.30629.76
ROCE %12.90%20.00%21.79%10.56%4.97%-3.77%-8.73%-3.47%-2.01%14.04%9.98%3.89%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters0.01%0.01%94.97%94.97%93.79%93.79%93.79%89.98%89.98%74.96%74.96%74.96%
Public99.99%100.00%5.04%5.04%6.22%6.22%6.22%10.02%10.02%25.04%25.03%25.04%
No. of Shareholders1,25,0701,26,18358,06455,55153,70153,24552,85451,66350,84750,24849,69648,601

Fundamentals

Market Cap₹ 2,463 Cr.
Current Price₹ 185
Stock P/E627
Book Value₹ 6.65
ROCE3.89 %
ROE3.12 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-27%
Compounded Profit Growth (TTM)-48%
Standalone figures.
Valuation
Market capRs 2,450 Cr
Enterprise valueRs 2,470 Cr
P/E (TTM)623.44x
Price to book27.63x
Price to sales143.96x
EV / EBITDA375.42x
EV / EBIT406.29x
EV / sales145.14x
Price to cash flow559.39x
Earnings yield0.16%
P/E, 3-year average216.80x
P/B, 3-year average9.88x
P/E, 5-year average216.80x
P/B, 5-year average6.14x
Profitability
Operating margin (excl. other income)-23.50%
Operating margin (incl. other income)32.87%
EBITDA margin38.66%
Pre-tax margin34.78%
Net profit margin23.09%
Net margin, latest quarter107.26%
ROE3.63%
ROCE4.49%
ROA2.75%
ROE, 3-year average18.49%
ROCE, 3-year average7.24%
ROA, 3-year average8.23%
ROE, 5-year average-12.90%
ROCE, 5-year average-4.37%
ROA, 5-year average-3.29%
ROIC (approx.)3.66%
Tax rate34.58%
Other income / net worth10.58%
Growth
Sales growth (latest year)-38.23%
Profit growth (latest year)-64.29%
Sales CAGR, 3 years-17.98%
Sales CAGR, 5 years-13.86%
Sales growth QoQ-46.28%
Profit growth QoQ673.81%
Sales growth YoY (latest quarter)14.34%
Profit growth YoY (latest quarter)30.52%
Per share
EPS (TTM)Rs 0.29
EPS (latest year)Rs 0.24
EPS (latest quarter)Rs 0.24
EPS, 3-year averageRs 1.27
EPS, 5-year averageRs -0.51
Book value per shareRs 6.65
Sales per shareRs 1.28
Cash flow per shareRs 0.33
Free cash flow per shareRs 0.35
Efficiency
Asset turnover0.14x
Fixed asset turnover0.57x
Inventory turnover0.54x
Inventory days678 days
Debtor days487 days
Debtors turnover0.75x
Creditor days67 days
Cash conversion cycle487 days
Working capital days630 days
Leverage
Total debtRs 24 Cr
Cash and bankRs 4 Cr
Net debtRs 20 Cr
Debt to equity0.27x
Net debt / EBITDA3.06x
Interest coverage38.00x
Current ratio (filing 2026-03-31)2.65x
Quick ratio (filing 2026-03-31)2.22x
Trade payables (filing 2026-03-31)Rs 1 Cr
Owners' fund to total sources75.72%
Debt to assets20.50%
Cash flow
Cash from Operating Activity (latest year)Rs 4 Cr
Cash from Investing Activity (latest year)Rs -4 Cr
Cash from Financing Activity (latest year)Rs -0 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 5 Cr
FCFE (approx.: FCF + change in debt)Rs 5 Cr
Sales to cash flow3.80x
Statement figures
Net sales (TTM)Rs 17 Cr
Net sales (latest year)Rs 17 Cr
Sales (latest quarter)Rs 3 Cr
Operating profit excl. other income (latest year)Rs -4 Cr
Operating profit (latest quarter)Rs -3 Cr
Other income (TTM)Rs 10 Cr
EBITDA (TTM)Rs 7 Cr
PBDT (TTM)Rs 6 Cr
Profit before tax (TTM)Rs 6 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 4 Cr
Net profit (latest year)Rs 3 Cr
Net profit (latest quarter)Rs 3 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 7 Cr
Total expenditure (latest year)Rs 21 Cr
Total income (latest year)Rs 26 Cr
Share capitalRs 13 Cr
ReservesRs 75 Cr
Shareholders' fundsRs 89 Cr
Total assetsRs 117 Cr
Net blockRs 29 Cr
InvestmentsRs 14 Cr
ReceivablesRs 22 Cr
InventoryRs 12 Cr
Other liabilitiesRs 4 Cr
Shares outstanding (crore)13.34
Ownership
Promoter holding74.96% (-15.02 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 27.63 is at the 96th percentile (median 0.33).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodUELNifty 50Difference
1 week-2.3%-2.8% +0.4 pts
1 month-12.0%-6.8% -5.2 pts
3 months+41.0%-7.6% +48.6 pts
6 months+39.3%+0.4% +38.9 pts
1 year+107.5%-9.9% +117.4 pts
3 years+12310.1%+14.2% +12296.0 pts
5 years+11237.7%+27.9% +11209.8 pts

Red flags

F-score 5 of 8
explainReceivables outrunning sales Receivables grew -7% vs sales -38% in 2026
lookInventory outrunning sales Inventory grew -2% vs sales -38% in 2026
lookProfit leans on other income Other income was 194% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹3 Cr +14.3% vs Jun 2025. Net profit ₹3 Cr +30.5%.
Against our estimate for Jun 2026: sales +90.6%, profit +3297.8% in line. Our estimate for Sep 2026: sales Rs 5 Cr, profit Rs 0 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2025-10-10Bonus 2:10.3333
2025-05-30Bonus 17:250.5952
2024-09-20Bonus 1:40.8000
2024-08-09Annual General Meeting
2024-05-22Demerger
DateTypeWhat it says
2026-09-04Price movementSignificant movement in price has been observed in Ujaas Energy Limited. The Exchange, in order to ensure that investors have latest relevant informat...
2026-09-03Price movementSignificant movement in price has been observed in Ujaas Energy Limited. The Exchange, in order to ensure that investors have latest relevant informat...
2026-08-05UpdatesClarification on Price Movement in Equity Shares of Ujaas Energy Limited.
2026-08-05Price movementSignificant movement in price has been observed in Ujaas Energy Limited. The Exchange, in order to ensure that investors have latest relevant informat...
2026-08-04Price movementSignificant movement in price has been observed in Ujaas Energy Limited. The Exchange, in order to ensure that investors have latest relevant informat...
2026-07-30General UpdatesReconstitution of Committees.
2026-07-30General UpdatesFinancial results for the quarter ended on June 30, 2026.
2026-07-30Board meeting outcomeUjaas Energy Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-16Shareholder meetingVoting results.
2026-07-14Shareholder meetingIntimation regarding proceedings of the 27th Annual General Meeting.
2026-07-14General UpdatesProceedings of the 27th Annual General Meeting.
2026-07-14Shareholder meetingProceedings of Annual General Meeting held on July 14, 2026
2026-06-22General UpdatesInformation pursuant to Regulation 44 of the SEBI (LODR) Regulations, 2015 regarding Remote-E Voting facilities for the Annual General Meeting to be h...
2026-06-22Record DateRecord date for the purpose of Intimation of Cut-Off Date for E-Voting. is 07-Jul-2026.
2026-06-22Shareholder meetingNotice of Annual General Meeting to be held on July 14, 2026
2026-06-22Change in ManagementChange in Management
2026-06-22Board meeting outcomeOutcome of Board Meeting held on Jun 22, 2026.
2026-05-19Reply to Clarification- FinaThe Exchange had sought clarification from Ujaas Energy Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing O...
2026-05-08Clarification - Financial ReThe Exchange has sought clarification from Ujaas Energy Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing O...
2026-05-04Disclosure under SEBI TakeovUjaas Energy Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substant...
2026-04-30Change in ManagementChange in Management
2026-04-30General UpdatesFinancial results for the quarter and year ended March 31, 2026
2026-04-30Board meeting outcomeUjaas Energy Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-15AppointmentAppointment of Mrs. Geeta Mundra as Chairman of the company w.e.f. April 15, 2026.
2026-04-15AppointmentAppointment of Mrs. Geeta Mundra as Non- Executive Director of the company w.e.f. April 15, 2026.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2020-10-09NCLTSatec Envir Engineering (India) Pvt Ltd Vs Ujaas Energy Ltd
2020-09-10NCLTSatec Envir Engineering (India) Pvt Ltd Vs Ujaas Energy Ltd
2020-09-03NCLTSatec Envir Engineering (India) Pvt Ltd Vs Ujaas Energy Ltd
2020-07-30NCLTSatec Envir Engineering (India) Pvt Ltd Vs Ujaas Energy Ltd
2020-06-11NCLTSatec Envir Engineering (India) Pvt Ltd Vs Ujaas Energy Ltd
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
High low price variation greater than 100perc in previous 6 monthsHigh low price variation greater than 150perc in previous 12 monthsHigh low price variation greater than 75perc in previous 3 monthsScrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Ujaas Energy Ltd?

Ujaas Energy Ltd (UEL) has a market capitalisation of Rs 2,463 Cr. at the 2026-10-01 close.

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

Ujaas Energy Ltd trades at a P/E of 627 on trailing twelve-month profit, at the 2026-10-01 close.

What were Ujaas Energy Ltd's latest quarterly results?

In the Jun 2026 quarter, Ujaas Energy Ltd sales was Rs 3 Cr (+14.3% vs Jun 2025) and net profit was Rs 3 Cr.

What is the 52-week high and low of Ujaas Energy Ltd?

The 52-week high is Rs 284.20 and the 52-week low is Rs 97.03.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03