Want to see IN:UEL full AI Analyst Report?
Top Page
Ujaas Energy Limited
(UEL)
Select Model
Select Model
Rating:52Neutral
Price Target:
₹258.00
▲(114.91% Upside)
Action:Reiterated
Date:08/07/26
The score is primarily constrained by unstable operating performance (sharp FY2026 revenue decline and negative operating profitability) and an extremely high P/E, which together outweigh improved leverage and recent positive free cash flow. Technically, the trend is strong, but very overbought momentum signals raise near-term risk.
Positive Factors
Improved leverage
Material deleveraging to ~0.27x D/E materially strengthens financial flexibility and reduces refinancing and interest-rate stress. For a capital-intensive renewables operator this lowers default risk, improves ability to bid projects and invest capex, and supports multi‑period project funding plans.
Negative Factors
Volatile revenue and negative margins
A sharp ~29% revenue drop and negative operating margins in FY2026 signal weak core profitability and uneven demand or project execution. Persistently negative operating margins would undermine ability to cover operating costs and reinvest in projects, raising structural risk to earnings sustainability and partner confidence.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved leverage
Material deleveraging to ~0.27x D/E materially strengthens financial flexibility and reduces refinancing and interest-rate stress. For a capital-intensive renewables operator this lowers default risk, improves ability to bid projects and invest capex, and supports multi‑period project funding plans.
Read all positive factors
Ujaas Energy Limited (UEL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹21.34B
Dividend YieldN/A
Average Volume (3M)946.00
Price to Earnings (P/E)580.1
Beta (1Y)1.01
Revenue Growth-26.93%
EPS Growth72.37%
CountryIN
Employees77
SectorGeneral
Sector StrengthN/A
IndustryIndependent Power Producers
Share Statistics
EPS (TTM)0.27
Shares Outstanding133,397,810
10 Day Avg. Volume2,237
30 Day Avg. Volume946
Financial Highlights & Ratios
PEG Ratio-7.73
Price to Book (P/B)19.60
Price to Sales (P/S)104.46
P/FCF Ratio209.49
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
Ujaas Energy Limited Business Overview & Revenue Model
Company Description
Ujaas Energy Limited engages in the generation of solar power in India. It operates through Solar Power Generation and Maintenance; Manufacturing and Sale of Solar Power Plant; and Electric Vehicle (EV) segments. The company develops, operates, ow...
How the Company Makes Money
UEL primarily makes money through solar-related business lines. These typically include: (1) revenue from generating electricity at solar power plants it owns/operates and selling that power under power purchase arrangements; (2) revenue from exec...
Ujaas Energy Limited Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
64
Positive
Cash Flow
58
Neutral
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 166.38M | 269.35M | 267.26M | 297.76M | 408.54M |
| Gross Profit | 75.50M | 219.35M | 30.36M | 174.46M | 174.71M |
| EBITDA | -39.22M | 118.33M | 164.61M | 32.17M | -886.06M |
| Net Income | 31.63M | 88.50M | 289.56M | -180.57M | -1.10B |
Balance Sheet | |||||
| Total Assets | 1.17B | 1.13B | 1.11B | 3.03B | 3.07B |
| Cash, Cash Equivalents and Short-Term Investments | 174.38M | 147.67M | 162.99M | 21.35M | 73.25M |
| Total Debt | 240.00M | 240.00M | 185.07M | 1.06B | 1.05B |
| Total Liabilities | 284.39M | 272.29M | 214.69M | 2.54B | 2.39B |
| Stockholders Equity | 886.65M | 854.86M | 891.36M | 497.14M | 677.18M |
Cash Flow | |||||
| Free Cash Flow | 82.96M | 20.00M | 1.25B | -5.22M | 71.92M |
| Operating Cash Flow | 83.31M | 27.76M | 1.25B | -4.71M | 71.95M |
| Investing Cash Flow | -81.30M | -66.36M | -41.14M | -36.77M | -9.18M |
| Financing Cash Flow | 0.00 | 51.90M | -1.21B | -6.81M | -8.45M |
Ujaas Energy Limited Technical Analysis
Positive
120.05
Price Trends
137.74
Positive
145.27
Positive
144.77
Positive
Market Momentum
16.09
Negative
91.69
Negative
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:UEL, the sentiment is Positive. The current price of 120.05 is below the 20-day moving average (MA) of 139.53, below the 50-day MA of 137.74, and below the 200-day MA of 144.77, indicating a bullish trend. The MACD of 16.09 indicates Negative momentum. The RSI at 91.69 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:UEL.
Ujaas Energy Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ₹41.96B | 3.10 | ― | ― | 82.37% | 90.41% | |
66 Neutral | ₹463.01B | 30.52 | ― | 0.14% | 20.03% | 60.95% | |
61 Neutral | ₹770.33B | 20.20 | ― | 0.07% | 94.31% | 74.83% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | ₹21.34B | 580.11 | ― | ― | -26.93% | 72.37% | |
44 Neutral | ₹47.66B | -16.57 | ― | ― | 3.19% | -362.93% |
* General Sector Average
IN:UEL
Ujaas Energy Limited
255.35
141.95
125.18%
IN:GENSOL
Gensol Engineering Limited
17.63
-26.50
-60.05%
IN:PREMIERENE
Premier Energies Limited
1,045.00
53.93
5.44%
IN:SWSOLAR
Sterling And Wilson Renewable Energy Limited
206.85
-58.35
-22.00%
IN:WAAREEENER
WAAREE Energies Limited
2,695.00
-465.48
-14.73%
IN:WEBELSOLAR
Websol Energy System Limited
93.64
-30.68
-24.68%
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.