Ujaas Energy Ltd
NSE: UEL BSE: 533644Auto
Incorporated in 1999, Ujaas Energy Ltd is engaged in generation of solar power and manufacturing, sales and services of solar power plants/projects and manufacturing and sales of Electric Vehicle
₹152
52W: ₹83.6 — ₹225
PE 641 · Book ₹6.65 · +2186% vs bookMarket Cap₹2,024 Cr
Stock P/E641Price to Earnings
ROCE4.48%Return on Capital
ROE3.63%Return on Equity
Div. Yield0%Face Value ₹1
Weaknesses
- −Stock is trading at 21.0 times its book value
- −Though the company is reporting repeated profits, it is not paying out dividend
- −The company has delivered a poor sales growth of -13.9% over past five years.
- −Company might be capitalizing the interest cost
- −Earnings include an other income of Rs.9.38 Cr.
- −Company has high debtors of 487 days.
- −Working capital days have increased from 510 days to 927 days
Shareholding Pattern
Promoters74.96%
FIIs0%
DIIs0%
Public25.03%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 94.97% | 93.79%▼1.2 | 93.79% | 93.79% | 89.98%▼3.8 | 89.98% | 74.96%▼15.0 | 74.96% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 5.04% | 6.22%▲1.2 | 6.22% | 6.22% | 10.02%▲3.8 | 10.02% | 25.04%▲15.0 | 25.03%▼0.0 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5.84 | 6.84 | 6.29 | 4.7 | 8.17 | 7.77 | 2.65 | 4.86 | 3.49 | 5.64 |
| Expenses | 6.57 | 4.97 | 5.75 | 4.86 | 4.76 | 7.15 | 5.89 | 4.33 | 4.15 | 6.19 |
| Operating Profit | -0.73 | 1.87 | 0.54 | -0.16 | 3.41 | 0.62 | -3.24 | 0.53 | -0.66 | -0.55 |
| OPM % | -12.5% | 27.34% | 8.59% | -3.4% | 41.74% | 7.98% | -122.26% | 10.91% | -18.91% | -9.75% |
| Net Profit | 45.45 | -4.14 | 3.82 | 0.8 | 3.93 | 0.3 | 2.49 | 0.1 | 0.16 | 0.42 |
| EPS ₹ | 0.69 | -0.06 | 0.06 | 0.01 | 0.07 | 0.01 | 0.07 | 0 | 0.01 | 0.03 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹16.64Cr, down 38.2% YoY. OPM at -23.56%.
Debt Position
Borrowings at ₹24Cr. Debt-to-equity ratio: 0.32x. Healthy balance sheet.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 74.96%.
Margin & Efficiency
ROCE declining from 12.9% (Mar 2015) to 4.48% (Mar 2026). Working capital days: 927.2.
Valuation
PE 641x with 4.48% ROCE. Price is 2186% above book value of ₹6.65. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2 May - Newspaper Publication of Extract of Audited Financial Result for the quarter and year ended 31st March 2026.
- Announcement under Regulation 30 (LODR)-Change in Management 30 Apr - Board approved M/s. MMM & Co. as internal auditors for FY2026-27 on April 30, 2026.
- Outcome Of Board Meeting Held On April 30, 2026. 30 Apr
- Board Meeting Outcome for Outcome Of Board Meeting Held On April 30, 2026. 30 Apr - Board approved FY26 audited results with qualified opinion, appointed internal auditor, and reconstituted management committee.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 24 Apr - Ujaas Energy reports it is not a Large Corporate under SEBI circular; outstanding borrowing nil.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse