Ujaas Energy Limited (IN:UEL)
:UEL
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Ujaas Energy Limited
(UEL)
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Rating:55Neutral
Price Target:
₹147.00
▲(6.02% Upside)
Action:ReiteratedDate:02/07/26
The score is driven primarily by improving financial performance (better margins, improved leverage, and strong operating cash flow), but it is held back by extreme valuation risk (very high P/E) and technically overbought conditions (very high RSI/Stoch) that raise near-term downside risk.
Positive Factors
Diversified solar business model (EPC + owned assets + services)
UEL's mix of EPC contracting, owned power generation and ancillary O&M/service offerings creates multiple durable revenue channels. EPC drives project pipeline and fee revenue, owned assets provide recurring cashflows under PPAs, and services extend lifecycle margins, improving long-term cash generation flexibility.
Negative Factors
Inconsistent and falling revenue
Material negative revenue growth and inconsistent top-line performance undermine scale economics critical for EPC margins and bidding. A shrinking revenue base pressures fixed-cost absorption, reduces bargaining power with suppliers, and complicates project pipeline visibility and multi-quarter cash flow planning.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified solar business model (EPC + owned assets + services)
UEL's mix of EPC contracting, owned power generation and ancillary O&M/service offerings creates multiple durable revenue channels. EPC drives project pipeline and fee revenue, owned assets provide recurring cashflows under PPAs, and services extend lifecycle margins, improving long-term cash generation flexibility.
Read all positive factors
Ujaas Energy Limited (UEL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹22.01B
Dividend YieldN/A
Average Volume (3M)946.00
Price to Earnings (P/E)2880.8
Beta (1Y)<0.01
Revenue Growth-0.98%
EPS Growth-72.12%
CountryIN
Employees85
SectorEnergy
Sector Strength52
IndustrySolar
Share Statistics
EPS (TTM)0.01
Shares Outstanding133,397,810
10 Day Avg. Volume2,237
30 Day Avg. Volume946
Financial Highlights & Ratios
PEG Ratio-1.47
Price to Book (P/B)9.49
Price to Sales (P/S)30.11
P/FCF Ratio405.58
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 three segments: Solar Power Generation and Maintenance; Manufacturing and Sale of Solar Power Plant; and Electric Vehicle (EV). The company develops, opera...
How the Company Makes Money
UEL makes money mainly through solar-related activities: (1) Revenue from solar EPC/project execution: UEL undertakes design, engineering, procurement of equipment (such as solar modules, inverters, mounting structures), construction/installation,...
Ujaas Energy Limited Financial Statement Overview
Summary
Income Statement
55
Neutral
Balance Sheet
60
Neutral
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 234.47M | 269.35M | 267.26M | 297.76M | 408.54M | 332.66M |
| Gross Profit | 173.72M | 219.35M | 30.36M | 174.46M | 174.71M | 60.48M |
| EBITDA | 98.22M | 118.33M | 164.61M | 32.17M | -886.06M | -196.08M |
| Net Income | 68.18M | 88.50M | 289.56M | -180.57M | -1.10B | -304.31M |
Balance Sheet | ||||||
| Total Assets | 1.16B | 1.13B | 1.11B | 3.03B | 3.07B | 3.16B |
| Cash, Cash Equivalents and Short-Term Investments | 187.94M | 147.67M | 162.99M | 21.35M | 73.25M | 15.31M |
| Total Debt | 240.00M | 240.00M | 185.07M | 1.06B | 1.05B | 1.11B |
| Total Liabilities | 283.46M | 272.29M | 214.69M | 2.54B | 2.39B | 1.38B |
| Stockholders Equity | 880.68M | 854.86M | 891.36M | 497.14M | 677.18M | 1.78B |
Cash Flow | ||||||
| Free Cash Flow | 13.29M | 20.00M | 1.25B | -5.22M | 71.92M | 9.26M |
| Operating Cash Flow | 13.52M | 27.76M | 1.25B | -4.71M | 71.95M | 9.35M |
| Investing Cash Flow | -14.54M | -66.36M | -41.14M | -36.77M | -9.18M | -13.32M |
| Financing Cash Flow | -479.00K | 51.90M | -1.21B | -6.81M | -8.45M | -11.15M |
Ujaas Energy Limited Technical Analysis
Positive
138.65
Price Trends
161.16
Positive
148.94
Positive
129.51
Positive
Market Momentum
-2.72
Negative
57.94
Neutral
82.15
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 138.65 is below the 20-day moving average (MA) of 146.93, below the 50-day MA of 161.16, and above the 200-day MA of 129.51, indicating a bullish trend. The MACD of -2.72 indicates Negative momentum. The RSI at 57.94 is Neutral, neither overbought nor oversold. The STOCH value of 82.15 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 (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹144.75B | 48.62 | ― | 0.23% | 40.14% | 53.51% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
65 Neutral | ₹33.34B | 14.56 | ― | ― | 152.12% | ― | |
58 Neutral | ₹8.88B | 25.40 | ― | 0.47% | 39.01% | -42.51% | |
55 Neutral | ₹22.01B | 2,880.84 | ― | ― | -0.98% | -72.12% | |
49 Neutral | ₹65.66B | 18.86 | ― | ― | 7.68% | -114.23% | |
43 Neutral | ₹42.36B | -446.21 | ― | ― | 112.24% | -474.43% |
* Energy Sector Average
IN:UEL
Ujaas Energy Limited
165.00
82.44
99.85%
IN:BORORENEW
Borosil Renewables Limited
468.40
-35.25
-7.00%
IN:SWELECTES
Swelect Energy Systems Limited
585.70
62.33
11.91%
IN:SWSOLAR
Sterling And Wilson Renewable Energy Limited
181.40
-84.10
-31.68%
IN:TDPOWERSYS
TD Power Systems Limited
926.60
496.25
115.31%
IN:WEBELSOLAR
Websol Energy System Limited
78.99
-52.45
-39.90%
Ujaas Energy Limited Corporate Events
Ujaas Energy to Close Trading Window Ahead of FY26 Results
Mar 27, 2026
Ujaas Energy Limited has announced that its trading window for dealing in company securities will be closed from April 1, 2026, until 48 hours after the release of its audited financial results for the quarter and financial year ending March 31, 2...
Exchange Seeks Clarification from Ujaas Energy on Sharp Share Price Movement
Feb 6, 2026
The stock of Ujaas Energy Limited has seen a sharp price movement, prompting the stock exchange to seek clarification from the company to ensure investors have access to the most up-to-date and relevant information. The exchange’s action und...
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.