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Ravindra Energy Ltd. (RELTD) AI Stock Analysis
Ravindra Energy Ltd.
(NSE:RELTD)
The overall score reflects improving but still volatile financial performance as the key driver, with strong recent revenue growth and profitability offset by higher debt and negative free cash flows, alongside a technically weak price trend and a stretched valuation.
Ravindra Energy Ltd. (RELTD) vs. iShares MSCI India ETF (INDA)
- Market Cap
- INR 26.71B
- Dividend Yield
- ―
- Average Volume (3M)
- 12.16K
- Price to Earnings (P/E)
- 41.0
- Beta (1Y)
- 1.51
- Revenue Growth
- 116.92%
- EPS Growth
- 253.43%
- Country
- India
- Employees
- 135
- Sector
- General
- Sector Strength
- 55
- Industry
- Solar
Ravindra Energy Ltd. Business Overview & Revenue Model
Company Description
Ravindra Energy Limited (REL) is an Indian enterprise primarily engaged in the solar energy sector. The company provides solar pumping solutions and specializes in developing and implementing solar power generation facilities across the country. Its...
How the Company Makes Money
RELTD’s earnings are primarily expected to come from (a) selling electricity generated from its solar power assets and (b) providing solar EPC/project execution services for third parties. In power generation, revenue is typically realized by supplyi...
Ravindra Energy Ltd. Financial Statement Overview
Summary
Financials show a strong turnaround with revenue nearly doubling, margins improving and ROE around 19%, but this is tempered by volatile sales history, higher leverage and persistently negative free cash flow.
Income Statement
78PositiveBalance Sheet
72PositiveCash Flow
55Neutral| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.79B | 5.43B | 2.50B | 1.31B | 2.53B | 7.65B |
| Gross Profit | 898.26M | 1.94B | 691.22M | 573.04M | 422.32M | 193.16M |
| EBITDA | 576.04M | 1.31B | 479.80M | -169.68M | 460.37M | 578.93M |
| Net Income | 435.38M | 808.31M | 216.63M | -515.60M | 155.26M | 326.56M |
Balance Sheet | ||||||
| Total Assets | 9.16B | 11.87B | 6.51B | 4.04B | 4.55B | 4.53B |
| Cash, Cash Equivalents and Short-Term Investments | 673.86M | 915.41M | 196.17M | 40.54M | 120.97M | 111.27M |
| Total Debt | 4.32B | 5.55B | 2.24B | 1.59B | 1.20B | 1.64B |
| Total Liabilities | 5.09B | 6.91B | 2.97B | 2.39B | 2.47B | 2.42B |
| Stockholders Equity | 3.94B | 4.12B | 3.39B | 1.48B | 1.93B | 2.04B |
Cash Flow | ||||||
| Free Cash Flow | -2.90B | -3.11B | -1.06B | -154.92M | 844.82M | -120.19M |
| Operating Cash Flow | 1.39B | 1.44B | 708.96M | 608.76M | 1.22B | 189.02M |
| Investing Cash Flow | -4.97B | -4.50B | -1.59B | -812.42M | -297.55M | -230.48M |
| Financing Cash Flow | 3.94B | 3.13B | 1.47B | 224.32M | -851.47M | -130.00M |
Ravindra Energy Ltd. Technical Analysis
Price Trends
Market Momentum
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 134.85 is below the 20-day moving average (MA) of 139.07, below the 50-day MA of 148.12, and below the 200-day MA of 146.45, indicating a bearish trend. The MACD of -4.53 indicates Negative momentum. The RSI at 43.26 is Neutral, neither overbought nor oversold. The STOCH value of 54.25 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
Overall Rating
IN:WAAREEENER78Outperform
IN:WEBELSOLAR71Outperform
IN:PREMIERENE61Neutral- IN:RELTD60Neutral
IN:SWSOLAR45Neutral
IN:SWELECTES44Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| IN:WAAREEENER | 78Outperform | INR 661.60B | 17.95 | ― | 0.17% | 75.43% | 38.62% |
| IN:WEBELSOLAR | 71Outperform | INR 28.44B | 3.85 | ― | 0.38% | 76.28% | 54.75% |
| IN:PREMIERENE | 61Neutral | INR 393.12B | 23.72 | ― | 0.17% | 26.70% | 58.85% |
| IN:RELTD | 60Neutral | INR 26.78B | 41.01 | ― | ― | 116.92% | 253.43% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| IN:SWSOLAR | 45Neutral | INR 31.82B | 15.49 | ― | ― | -9.04% | ― |
| IN:SWELECTES | 44Neutral | INR 8.85B | 20.90 | ― | 0.60% | -10.86% | 55.28% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IN:RELTD | Ravindra Energy Ltd. | 134.85 | -22.38 | -14.23% | |
| IN:PREMIERENE | Premier Energies Limited | 866.00 | -204.86 | -19.13% | |
| IN:SWELECTES | Swelect Energy Systems Limited | 584.00 | -212.90 | -26.72% | |
| IN:SWSOLAR | Sterling And Wilson Renewable Energy Limited | 136.25 | -102.45 | -42.92% | |
| IN:WAAREEENER | WAAREE Energies Limited | 2300.00 | -1123.96 | -32.83% | |
| IN:WEBELSOLAR | Websol Energy System Limited | 65.51 | -60.22 | -47.90% |
Ravindra Energy Ltd. Corporate Events
Ravindra Energy Issues 500 Shares Under ESOP, Marginally Ups Equity Capital
Ravindra Energy Ltd. has approved the allotment of 500 equity shares under its 2022 Employee Stock Option Plan, following the exercise of options by eligible employees at an exercise price of Rs. 100 per share. The decision was cleared by the Securit...
Ravindra Energy JV Opens Integrated Heavy EV Complex in Maharashtra
Energy in Motion Ltd., a jointly controlled entity of Ravindra Energy, has inaugurated a state-of-the-art Electric Heavy-Duty Commercial Vehicle complex at Ambi, Talegaon near Pune, marking a notable expansion in India’s EV logistics ecosystem....
Ravindra Energy files SEBI-compliant demat certificate for September quarter
Ravindra Energy Limited has submitted a quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the period ended September 30, 2026. The certificate from KFin Technologies confirms tha...
Ravindra Energy Promoter Khandepar Creates Pledge on Equity Shares
Ravindra Energy Ltd. has disclosed that promoter entity Khandepar Investments Private Limited has created a pledge on 757,000 equity shares of the company. Despite this encumbrance, Khandepar’s overall holding remains at 6,05,35,860 shares, rep...
Ravindra Energy Shareholders Clear All Resolutions at 46th AGM
Ravindra Energy Limited convened its 46th Annual General Meeting on September 28, 2026, via video conferencing, providing shareholders with remote and electronic e-voting facilities in line with Indian corporate and securities regulations. The meetin...
Ravindra Energy Files Investor Presentation, Plans Clean Energy–EV Platform
Ravindra Energy Limited has submitted an investor presentation to the BSE and NSE following an earlier intimation about an analyst and investor meeting held on September 29, 2026. The presentation materials are being shared with the exchanges and mad...
Ravindra Energy Sets September 28, 2026 AGM, Rolls Out 2025-26 Annual Report
Ravindra Energy Ltd. has scheduled its 46th Annual General Meeting for September 28, 2026, at noon, to be conducted via video conferencing and other audio-visual means, reflecting the company’s continued use of digital platforms for shareholder...
Ravindra Energy Sets September 28 Virtual AGM, Details E-Voting Process
Ravindra Energy Ltd. has published notices in Vijayavani and Business Standard announcing that its 46th Annual General Meeting will be held on September 28, 2026, via video conferencing and other audio-visual means, in line with Ministry of Corporate...
Ravindra Energy Associate to Deploy 500 Electric Heavy Trucks on Key Indian Freight Corridors
Energy In Motion Ltd., an associate of Ravindra Energy Ltd., has signed a strategic memorandum of understanding with Oil Field Warehouse & Services Ltd. and Radiance Green Mobility Pvt. Ltd. to deploy 500 electric heavy commercial vehicles across...
Ravindra Energy Boosts Paid-Up Capital with ESOP Share Allotment
Ravindra Energy has allotted 12,500 equity shares to eligible employees under its 2022 Employee Stock Option Plan at an exercise price of Rs. 100 per share. Following this issuance, the company’s paid-up equity share capital has risen to Rs. 1,...
Ravindra Energy Discloses Promoter Share Pledge Under SEBI Insider Trading Rules
Ravindra Energy Ltd. has disclosed that promoter entity Khandepar Investments Private Limited has created a pledge over its equity shares in the company, in compliance with Regulation 7(2) of SEBI’s Prohibition of Insider Trading Regulations, 2...
Ravindra Energy Promoter Pledges Shares Worth Rs 5 Crore
Ravindra Energy Ltd. disclosed that its promoter, Narendra Madhusudan Murkumbi, has created a pledge over 300,000 equity shares of the company, valued at about Rs 5.0 crore. The pledged shares represent part of his existing 20.92% stake, and the tran...
Ravindra Energy Promoters Create Encumbrance on Shares, Notify Exchange Under SEBI Rules
Ravindra Energy Ltd. disclosed that its promoters have created an encumbrance on a portion of their shareholding, as reported to the stock exchange under Regulation 31(1) of the SEBI (SAST) Regulations, 2011. The filing signals a change in the securi...
Ravindra Energy Reports No Deviation in Use of Rs 200 Crore Rights Issue Funds
Ravindra Energy Limited has submitted to BSE and NSE a statement on the utilisation of proceeds from its recent rights issue for the quarter ended Q1 FY2026-27. The rights issue, completed on June 25, 2026, raised about Rs 200.53 crore from sharehold...
Ravindra Energy Issues Q1 Update on Renewable and EV Businesses
Ravindra Energy Limited has issued a general business update to stakeholders covering its renewable energy operations and electric vehicle business activities for the quarter ended June 30, 2026. The company noted that its quarterly and year-to-date...
Ravindra Energy Reappoints Shantanu Lath as CEO for New Three-Year Term
Ravindra Energy Ltd. has reappointed Mr. Shantanu Lath as Whole-time Director and Chief Executive Officer for a further three-year term, effective August 11, 2026, following approval by the Board on August 14, 2026.The decision, recommended by the No...
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.
Date of analysis: Oct 01, 2026