Ravindra Energy Ltd. (IN:RELTD)
:RELTD
Top Page
Ravindra Energy Ltd.
(RELTD)
Select Model
Select Model
Rating:58Neutral
Price Target:
₹130.00
▼(-18.16% Downside)
Action:ReiteratedDate:03/28/26
The score is supported primarily by improved financial performance, especially strong revenue growth and a return to profitability, but is held back by negative free cash flow. Technicals are weak with the price below all major moving averages and negative MACD. Valuation is also a constraint given the high P/E and no provided dividend yield.
Positive Factors
Strong revenue recovery
A 91.21% revenue increase signals durable recovery and expanding commercial traction in the company’s core solar development and operations business. Sustained top-line growth supports project scale-up, better fixed-cost absorption and long-term competitiveness if new assets remain productive.
Negative Factors
Negative free cash flow
Persistent negative free cash flow constrains the company’s ability to fund capex or growth from internal resources and heightens dependence on external financing. Over multiple quarters this can pressure liquidity, restrict reinvestment into assets, and raise refinancing risk for new projects.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue recovery
A 91.21% revenue increase signals durable recovery and expanding commercial traction in the company’s core solar development and operations business. Sustained top-line growth supports project scale-up, better fixed-cost absorption and long-term competitiveness if new assets remain productive.
Read all positive factors
Ravindra Energy Ltd. (RELTD) vs. iShares MSCI India ETF (INDA)
Market Cap
₹23.06B
Dividend YieldN/A
Average Volume (3M)33.45K
Price to Earnings (P/E)49.6
Beta (1Y)1.72
Revenue Growth483.21%
EPS GrowthN/A
CountryIN
Employees96
SectorEnergy
Sector Strength52
IndustrySolar
Share Statistics
EPS (TTM)0.82
Shares Outstanding178,624,470
10 Day Avg. Volume15,981
30 Day Avg. Volume33,450
Financial Highlights & Ratios
PEG Ratio-0.71
Price to Book (P/B)6.27
Price to Sales (P/S)8.48
P/FCF Ratio-20.04
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Ravindra Energy Ltd. Business Overview & Revenue Model
Company Description
Ravindra Energy Ltd. (RELTD) is a leading player in the renewable energy sector, focusing on the development, operation, and maintenance of sustainable energy solutions. The company primarily specializes in solar and wind energy projects, providin...
How the Company Makes Money
null...
Ravindra Energy Ltd. Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
68
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.79B | 2.50B | 1.31B | 2.53B | 7.65B |
| Gross Profit | 898.26M | 691.22M | 573.04M | 422.32M | 193.16M |
| EBITDA | 576.04M | 479.80M | -169.68M | 460.37M | 578.93M |
| Net Income | 435.38M | 216.63M | -515.60M | 155.26M | 326.56M |
Balance Sheet | |||||
| Total Assets | 9.16B | 6.51B | 4.04B | 4.55B | 4.53B |
| Cash, Cash Equivalents and Short-Term Investments | 673.86M | 196.17M | 40.54M | 120.97M | 111.27M |
| Total Debt | 4.32B | 2.24B | 1.59B | 1.20B | 1.64B |
| Total Liabilities | 5.09B | 2.97B | 2.39B | 2.47B | 2.42B |
| Stockholders Equity | 3.94B | 3.39B | 1.48B | 1.93B | 2.04B |
Cash Flow | |||||
| Free Cash Flow | -2.90B | -1.06B | -154.92M | 844.82M | -120.19M |
| Operating Cash Flow | 1.39B | 708.96M | 608.76M | 1.22B | 189.02M |
| Investing Cash Flow | -4.97B | -1.59B | -812.42M | -297.55M | -230.48M |
| Financing Cash Flow | 3.94B | 1.47B | 224.32M | -851.47M | -130.00M |
Ravindra Energy Ltd. Technical Analysis
Negative
158.85
Price Trends
143.16
Negative
150.76
Negative
148.54
Negative
Market Momentum
-5.25
Positive
34.32
Neutral
45.45
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RELTD, the sentiment is Negative. The current price of 158.85 is above the 20-day moving average (MA) of 134.60, above the 50-day MA of 143.16, and above the 200-day MA of 148.54, indicating a bearish trend. The MACD of -5.25 indicates Positive momentum. The RSI at 34.32 is Neutral, neither overbought nor oversold. The STOCH value of 45.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:RELTD.
Ravindra Energy Ltd. Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹134.66B | 48.62 | ― | 0.23% | 40.14% | 53.51% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
63 Neutral | ₹3.65B | 22.77 | ― | 0.25% | 64.71% | 48.65% | |
58 Neutral | ₹23.06B | 49.64 | ― | ― | 483.21% | ― | |
54 Neutral | ₹58.34B | 79.81 | ― | ― | 24.33% | 66.14% | |
49 Neutral | ₹57.65B | 18.86 | ― | ― | 7.68% | -114.23% | |
43 Neutral | ₹38.17B | -446.21 | ― | ― | 112.24% | -474.43% |
* Energy Sector Average
IN:RELTD
Ravindra Energy Ltd.
129.10
-0.70
-0.54%
IN:BORORENEW
Borosil Renewables Limited
411.25
-98.50
-19.32%
IN:INOXGREEN
Inox Green Energy Services Ltd.
145.30
25.30
21.08%
IN:SWSOLAR
Sterling And Wilson Renewable Energy Limited
163.45
-100.90
-38.17%
IN:TDPOWERSYS
TD Power Systems Limited
862.05
466.01
117.67%
IN:ZODIAC
Zodiac Energy Ltd.
241.44
-163.80
-40.42%
Ravindra Energy Ltd. Corporate Events
Ravindra Energy boosts paid-up capital with ESOP share allotment
Mar 6, 2026
Ravindra Energy Ltd. has allotted 70,000 equity shares of face value Rs. 10 each at an exercise price of Rs. 100 per share to eligible employees under its 2022 Employee Stock Option Plan, following approval by the Securities Allotment Committee ba...
Ravindra Energy Files Investor Presentation Ahead of Institutional Investor Meet
Jan 27, 2026
Ravindra Energy Limited has submitted an investor presentation to the BSE and National Stock Exchange of India in connection with an institutional investor conference and analyst meet scheduled from January 28 to February 13, 2026. The company has...
Ravindra Energy Corrects EV Swap Station Data in Revised Business Update
Jan 25, 2026
Ravindra Energy Limited has issued a revised business update for stakeholders, correcting previously reported figures related to its “Energy in Motion” operations in the renewable energy and electric vehicle business segments. The comp...
Ravindra Energy Schedules Global Institutional Investor Meetings From January 28
Jan 22, 2026
Ravindra Energy Limited has announced that its management will hold a series of one-on-one meetings with selected institutional investors and analysts from January 28 to February 13, 2026, across Mumbai, New Delhi, Singapore, Hong Kong, as well as...
Ravindra Energy Publishes Q3 FY26 Unaudited Results in Multiple Newspapers
Jan 19, 2026
Ravindra Energy Ltd. has notified the stock exchanges that its unaudited financial results for the third quarter ended 31 December 2025, approved by the board on 15 January 2026, have been published in leading regional newspapers in Marathi, Engli...
Ravindra Energy Board Clears Q3 FY26 Unaudited Results and Fund Utilisation Report
Jan 15, 2026
Ravindra Energy Limited’s board has approved the unaudited standalone and consolidated financial results for the quarter ended 31 December 2025 at its meeting held on 15 January 2026. Alongside the results, the company has released a monitor...
Ravindra Energy Files Q3 FY26 Monitoring Report on Preferential Issue Proceeds
Jan 15, 2026
Ravindra Energy Ltd. has submitted to Indian stock exchanges the monitoring agency report for the third quarter of financial year 2025-26, covering the period ended 31 December 2025. The report, prepared by India Ratings and Research Private Limit...
Ravindra Energy Confirms No Deviation in Use of Rs 180 Crore Preferential Issue Proceeds
Jan 15, 2026
Ravindra Energy Limited has reported to the stock exchanges that there is no deviation or variation in the use of funds raised through its October 16, 2024 preferential issue of equity shares to public category investors, which totaled approximate...
Ravindra Energy Confirms SEBI-Compliant Dematerialization for December Quarter
Jan 13, 2026
Ravindra Energy Limited has reported that, for the quarter ended December 31, 2025, its registrar and share transfer agent KFin Technologies has certified compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 20...
Ravindra Energy Extends Rs 135 Crore Corporate Guarantee to Associate Energy in Motion
Dec 29, 2025
Ravindra Energy Limited has extended a corporate guarantee and undertaking of up to Rs 135 crore to support credit facilities sanctioned by YES Bank to its associate company, Energy in Motion Limited. The backing, approved by Ravindra Energy’...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.