IRM Energy Ltd
NSE: IRMENERGY BSE: 544004Energy
IRM Energy Ltd (IRMENERGY) is a Energy company listed on NSE: IRMENERGY | BSE: 544004. With a market cap of ₹1,140 Cr and ROCE of 8.71%, ROE of 5.94%, it operates in the Indian Energy sector.
₹278
52W: ₹165 — ₹394
PE 20 · Book ₹241 · +15% vs bookMarket Cap₹1,140 Cr
Stock P/E20Price to Earnings
ROCE8.71%Return on Capital
ROE5.94%Return on Equity
Div. Yield0.53%Face Value ₹10
Strengths
- +Company has reduced debt.
- +Company is almost debt free.
- +Stock is trading at 1.18 times its book value
Weaknesses
- −Company has a low return on equity of 7.68% over last 3 years.
- −Dividend payout has been low at 10.2% of profits over last 3 years
Shareholding Pattern
Promoters50.07%
FIIs1.59%
DIIs3.58%
Public44.77%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 50.07% | 50.07% | 50.07% | 50.07% | 50.07% | 50.07% | 50.07% | 50.07% |
| FIIs | 0.48% | 1.9%▲1.4 | 1.65%▼0.3 | 1.69%▲0.0 | 1.63%▼0.1 | 1.57%▼0.1 | 1.56%▼0.0 | 1.59%▲0.0 |
| DIIs | 11.17% | 6.75%▼4.4 | 6.96%▲0.2 | 6.62%▼0.3 | 5.64%▼1.0 | 4.98%▼0.7 | 4.97%▼0.0 | 3.58%▼1.4 |
| Public | 38.29% | 41.28%▲3.0 | 41.31%▲0.0 | 41.63%▲0.3 | 42.65%▲1.0 | 43.39%▲0.7 | 43.4%▲0.0 | 44.77%▲1.4 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 226 | 214 | 225 | 232 | 251 | 268 | 262 | 259 | 265 | 280 |
| Expenses | 184 | 192 | 195 | 205 | 229 | 251 | 237 | 233 | 235 | 250 |
| Operating Profit | 42 | 23 | 30 | 26 | 22 | 17 | 26 | 27 | 30 | 30 |
| OPM % | 19% | 11% | 13% | 11% | 9% | 6% | 10% | 10% | 11% | 11% |
| Net Profit | 24 | 11 | 19 | 13 | 11 | 5 | 14 | 14 | 15 | 13 |
| EPS ₹ | 5.93 | 2.73 | 4.57 | 3.15 | 2.63 | 1.11 | 3.48 | 3.46 | 3.7 | 3.22 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹1,067Cr, up 9.4% YoY. OPM at 11%.
Debt Position
Borrowings at ₹73Cr. Debt-to-equity ratio: 0.08x. Healthy balance sheet.
Capex Cycle
CWIP at ₹99Cr (13% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 3.58% (-9.00pp change). FIIs: 1.59% (+1.09pp change). Promoters hold 50.07%.
Margin & Efficiency
ROCE improving from 0% (Mar 2018) to 9% (Mar 2026). Working capital days: -30.
Valuation
PE 20x with 8.71% ROCE. Price is 15% above book value of ₹241. Dividend yield: 0.53%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 14 May - CRISIL report for March 31, 2026: IRM Energy used Rs 3,014.71 million; Rs 1,942.88 million remains unutilized.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 14 May - Please find attached herewith Transcript of earnings conference call for the quarter and year ended March 31, 2026
- Announcement under Regulation 30 (LODR)-Newspaper Publication 11 May - Please find attached herewith copy of Newspaper Publication of Audited Financial Results for the quarter and financial year ended March 31, 2026
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 9 May - Audio recording of Q4 and FY26 earnings conference call held on May 9, 2026.
- Announcement under Regulation 30 (LODR)-Investor Presentation 8 May - Please find attached herewith Investor Presentation for the quarter and year ended March 31, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Rating update 30 Jul 2025 from fitch