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Indian market · Previous close · 19 Oct, 3:30 pm IST

Ravindra Energy Limited (RELTD)

Small Cap

Power stocks · Small cap · NSE

Ravindra Energy Limited operates in Power Generation, within the Power sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹140.09
-1.13 · -0.80%
Market cap ₹2,863 Cr
ThemesManufacturing
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm IST
Details
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:40 am IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Power P/E 16.8 (n=92)
Technical timing lens

Trend score and candlestick chart

35Bearish

SMA20 -6.6% / mo · MACD +

Stock trend: 35
Sector RS: —
Power FPI tailwindNot confirmed

Latest mapped FPI equity flow was not positive. View sector evidence

Compare peers →

Technical chart

RELTDD candles · FIT view-0.6%
Latest close ₹140.09 on 2026-10-19
Bar
-1.3%
RSI
39
MACD hist
0.02
52W pos
31%
Visible chart range
Candle interval
2026-10-19O ₹141.99H ₹142.48L ₹138.65C ₹140.09Vol 47,473 sh
₹110.50₹133.01₹155.52₹178.03₹200.5452H52L₹140.092026-032026-06VolRSIMACD2026-042026-062026-082026-092026-11
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context

Relative performance and chart statistics

Adjusted completed-session prices, rebased to 100

RELTDNifty PowerNifty 500
-24%-14%-5%+4%20 Jul1 Sept19 Oct19 Oct 2026RELTD -20.3%Nifty Power -13.0%Nifty 500 -5.6%
RELTD
-20.3%
Nifty 500
-5.6%
Nifty Power
-13.0%
Vs Nifty 500
-14.8 pp
Chart stats
19 Oct 2026
From 52W high
-28.7%
₹196.5
52W range position
31%
₹114.6 - ₹196.5
ATR (14)
5.0%
₹7
Volume vs 20D
0.16x
Latest completed session
Avg traded value
₹4.2 Cr
20-session average
20D price channel
₹135.1 - ₹158.9
34.4% annualized volatility
Research snapshot

What the evidence says now

Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.

Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · FAIR VALUE
46

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Bad
0

Revenue -16.3% · PAT -2.2% YoY

Technical
Bearish
35

Price trend and sector-relative-strength timing.

Valuation
Legacy model
-85.2%

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Limited evidence
65

Financial-only signal; management claim evidence is not sufficient yet.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 31 Mar 2026

Bad · 0/100

Rev -16% YoY · PAT -2% YoY · margin expansion · operating leverage

Filed 14 Aug 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹133.1 Cr-16.3%+4.6%
EBITDA₹33.6 CrNDF-11.7%
Operating margin25.3%NDF-649 bps
PAT₹12.6 Cr-2.2%-13.8%
PAT margin9.5%NDF+811 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
48.00
P/B
6.96
EV/EBITDA
19.55
Market Cap
2863.00Cr

Profitability

ROE
19.10%
ROCE
14.40%
ROA
5.36%
Dividend Y
—

Growth (CAGR)

Revenue 5Y
13.00%
EPS 5Y
68.00%
Revenue 3Y
31.00%
EPS 3Y
66.00%

Balance Sheet

Debt/Equity
1.35
Interest Coverage
3.36×
Altman Z
3.72
Book Value
20.70

Cash Flow

FCF Yield
—
FCF Positive Y
5/5
OCF
166.00 Cr
EPS TTM
3.01

Shareholding

Promoter Hold
58.26%
Promoter Pledge
0.00%
Momentum 52W
39%

Financial History

Updated 20/10/2026

Revenue

₹ Cr
Latest: 564+98.6% vs prev
0765.0Mar 2017: 621Mar 2018: 417Mar 2019: 518Mar 2020: 719Mar 2021: 304Mar 2022: 765Mar 2023: 253Mar 2024: 131Mar 2025: 284Mar 2026: 564FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Net Profit

₹ Cr
Latest: 71.0+222.7% vs prev
-213.0071.0Mar 2017: -2.0Mar 2018: -140Mar 2019: -213Mar 2020: 6.0Mar 2021: 7.0Mar 2022: 37.0Mar 2023: 17.0Mar 2024: -51.0Mar 2025: 22.0Mar 2026: 71.0FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Return on Equity

%
Latest: 17.2+163.9% vs prev
-164.7018.2Mar 2017: -1.0%Mar 2018: -165%Mar 2021: 4.3%Mar 2022: 18.2%Mar 2023: 8.8%Mar 2024: -34.7%Mar 2025: 6.5%Mar 2026: 17.2%FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Technicals

Trend interpretation, Stage 2, relative strength, volume and indicator evidence

Daily technical trend read

Mixed signals

Signals are conflicting — long-term trend down. RSI 39. Wait for confirmation.

  • Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
  • SMA20 falling (~7.1% over last month) — short-term momentum negative.
  • RSI(14) at 39 — rising, no extreme reading.
  • MACD above signal but histogram contracting — bullish momentum cooling.
  • 29% off 52W high · 22% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Nifty 500 leadership

Relative Strength & Trend Stage

53
RS percentile
Stage 1 Base / Transition
1M return
-5.1%
3M return
-20.3%
6M return
-3.4%
1Y return
-3.5%
RS 1D
+2
RS 20D
+4
Sector rank
#11
Industry rank
#58
Stage evidence
  • Price is within 5.3% of the 30-week proxy.
  • The 30-week proxy changed +0.8% over 20 sessions.
  • The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 89.94+0.22%
738393103113Sept 25Feb 26Jun 26Oct 2690
RS vs Nifty 50090

Valuation & peers

U-Score 46 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies

46U-SCORE
Financial Turnaround

Fundamental score breakdown

U band · FAIR VALUE
Valuation0/30
Growth20/25
Quality13/20
Balance Sheet4/15
Cash Flow4/10
Piotroski
7/9 (+5)
Penalties
0
Raw sum
46

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

46/100 · legacy band FAIR VALUE

Positive drivers

  • Piotroski is strong at 7/9.
  • Growth contributes 20/25 to the score.
  • Quality contributes 13/20 to the score.

Main drags

  • Fair-value margin of safety is negative at -85.2%.
  • Valuation is weaker at 0/30; verify the latest quarterly trend.
  • Balance sheet is weaker at 4/15; verify the latest quarterly trend.
Sector valuation model

Execution business valuation: EV/EBITDA plus order and working-capital risk

Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.

Execution EV/EBITDA
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
48.0
PB
7.0
EV/EBITDA
19.6
ROE
19.1%
ROCE
14.4%
FCF Yield
—
Debt/Equity
1.4
MoS
-85.2%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
46
Previous: 46
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
-85.2%
Previous: -78.3%

Score history

12 stored score snapshots. Latest stored move: +0 points.

20 Oct 2026
v4.3-runtime-valuation
46
46
46
46
46
46
46
46
46
46
46
46

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹37.44
-274.2% MoS
Growth-justified P/E
25.1
Growth-justified Value
₹75.64
-85.2% MoS
PEG
0.71

Comparable companies

Peers

Business-comparable peers in Power — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
PANAMAPET
Small
Panama Petrochem Limited
Power Generation
match 166
73
6.1
15.6%
+75%
UNDERVALUED
GIPCL
Small
Gujarat Industries Power Company Limited
Power Generation
match 165
79
7.8
14.2%
+62%
DEEP VALUE
UEL
Small
Ujaas Energy Limited
Power Generation
match 165
26
142.0
8.0%
-5293%
OVERVALUED
GKENERGY
Small
GK Energy Limited
Power Generation
match 163
80
10.0
37.3%
+65%
DEEP VALUE
PRABHA
Small
Prabha Energy Limited
Power Generation
match 163
8
3049.0
-0.1%
-318456%
OVERVALUED

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Issuer presentation review pending

Ravindra Energy Limited operates in Power Generation, within the Power sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Trust Score
65Limited evidence · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Limited evidence: Claim history is still being built. It ranks around the 45th percentile of the scored universe and 52nd percentile within Power. Main check: results consistency is weak at 38/100.

This is a financial-behaviour screen, not a claim-tested management reliability verdict.

Computed 05 Sept 2026
management-trust-v1
13 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence

Financial behaviour is scored, but management claims do not yet have enough outcome checks.

Relative rank
45th percentile

overall median 67 · Power: 52nd pctile, median 65 · Small: 50th pctile, median 66

Evidence depth
Financial-only

13 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Limited evidence · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
68
acceptable · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
61
acceptable · leverage and solvency
Discipline
84
strong · capital discipline
Results
38
weak · quarterly consistency

Trust positives

  • ▸Promoter holding is 58.3%.
  • ▸Promoter pledge is zero.
  • ▸5 years of positive FCF.

Trust risks

  • ▸Promoter holding fell 6.5%.
  • ▸Debt/equity is 1.19.
  • ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
  • ▸OPM spread across recent quarters is 28%.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Continue researching Ravindra Energy Limited

Compare Power stocksBrowse Indian stocks starting with RExplore fundamental stock screenersBrowse Indian investment themes
Related companies
Panama Petrochem Limited (PANAMAPET)Gujarat Industries Power Company Limited (GIPCL)Ujaas Energy Limited (UEL)GK Energy Limited (GKENERGY)Prabha Energy Limited (PRABHA)

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

7 shown
Announcement

Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 29 Sep - Members approved MoA/AoA amendments, including Mumbai registered office shift and Tata Capital RTL-related nominee director provisions.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Press Release / Media Release 23 Sep - REL approves merger with EIM; shareholders to get 209 REL shares per 100 EIM shares, subject to approvals.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Sep - The copies of newspaper publication on the 46th Annual General Meeting of the Company and the E-Voting Information

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Sep - The copies of newspaper publication with regard to the 46th Annual General Meeting of the Company

Source: Bse

Open source ↗
Announcement

Ravindra Energy Limited Has informed Regarding ''Submission Of Disclosure Received Under Regulation 31(1) Of SEBI (SAST) Regulation 2011 For Creation Of Encumbrance On Shares By Promoters 22 Aug - Unreadable OCR text; announcement details cannot be determined.

Source: Bse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.