ENERGYDEVUtilities

Energy Development Company Limited

Power Generation · ISIN INE306C01019 · BSE 532219 · NSE EQ · FV ₹10
Last price
₹15
+4.12%today
What this company does

Energy Development Company Limited operates in Power Generation, part of the Utilities sector. It booked ₹6 cr of revenue in its latest quarter (Q1 FY27) and kept -28.6% of sales as profit.

In the report:
36out of 100
Equitytale Health Score
Strained

Healthier than 36% of companies in Utilities, on all six measures of filed financials. Each measure is ranked against the 12–25 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
34

At close. Not part of the score.

Profitability & returns7

How much profit it earns on the money it employs

Balance sheet14

How much it owes, and whether earnings cover the interest

Cash quality95

Whether reported profit actually arrives as cash

Growth & consistency46

Whether sales and profit have grown, and how steadily

Valuation6

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Some things to watch
Strengths
Promoters hold 58%
No promoter shares pledged
Watch-outs
! Currently loss-making
! Thin -28.6% net margin
! Sales down 38% vs last year
! Low -185.5% return on equity

What if I invest in ENERGYDEV?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹15 +4.12%
latest close · 2026-09-17
1-year return
+51.1%
52-wk low ₹952-wk high ₹42
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio17.82High
Below bookModerateHigh
EV / EBITDA19.2High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-185.5%Loss
WeakFairStrong ▸15%
Return on capital2.2%Weak
WeakFairStrong
Net margin-28.6%Loss
ThinDecentStrong
EBITDA margin41.1%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Interest cover0.2×Risky
RiskyOkayStrong ▸5×
Current ratio0.36Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹70 cr
Book value
₹1
EPS
₹-0.38
latest quarter
Net debt
₹131 cr
owes more than its cash
Enterprise value
₹201 cr
EBITDA
₹10 cr
annualised
EBIT
₹2 cr
annualised
Operating margin
6.6%
Return on assets
-4.0%
Earnings yield
P/S
2.75
Sales / share
₹5.3
Tax rate
Face value
₹10
Shares
4.8 cr
Working capital
₹-66 cr
Current assets
₹37 cr
Current liabilities
₹103 cr
Delivery %
75.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹3₹3, midpoint ₹3

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹6 cr
Other Income₹50.3 L
Total Income₹7 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹1 cr
Finance Costs₹2 cr
Depreciation & Amortisation₹2 cr
Other Expenses₹3 cr
Total Expenses₹9 cr
Profit before Tax₹-2 cr
Tax Expense₹3.1 L
Net Profit₹-2 cr
Net margin on total income-26.5%
Where the money goes · Q1 FY27
% of total spend
Employee benefit expense₹1 cr12.9%
Finance costs₹2 cr25.4%
Depreciation & amortisation₹2 cr25.3%
Other expenses₹3 cr36.0%
Tax expense₹3.1 L0.4%
Total income ₹7 cr

The company made a net loss of ₹2 cr this quarter — income covered only 79 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue11 cr4 cr6 cr
Total income12 cr5 cr7 cr
Expenses10 cr9 cr9 cr
Profit before tax2 cr-11 cr-2 cr
Tax42.3 L3 cr3.1 L
Net profit (owners' share)1 cr-14 cr-2 cr
Net margin (owners' share, on revenue)11.7%-330.2%-28.6%
EPS (₹)0.27-2.90-0.38
YoY (latest quarter): total income -35.2% · net profit
Balance sheet & cash flow · as of Mar 2026
Total assets
₹180 cr
Shareholder equity
₹4 cr
parent shareholders
Total debt
₹137 cr
Cash
₹6 cr
Cash flow · H1 FY26
Operating
₹15 cr
Investing
₹-1 cr
Financing
₹-10 cr
Peer comparison
Power Generation · by market value
CompanyPriceMarket capP/E
NTPC Limited₹330₹3.20 L cr11.9
Adani Green Energy Limited₹1,274₹2.10 L cr63.1
JSW Energy Limited₹512₹93,821 cr48.5
NHPC Limited₹75₹75,539 cr17.2
NTPC Green Energy Limited₹88₹73,798 cr60.8
NLC India Limited₹262₹36,372 cr18.8
Acme Solar Holdings Limited₹411₹29,022 cr27.7
SJVN Limited₹65₹25,445 cr28.4
NAVA LIMITED₹547₹15,490 cr13.9
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.5
ex 18 Dec 2020
ActionDetailEx-date
Dividend₹0.5 / share18 Dec 2020
Dividend₹0.5 / share20 Sep 2019
Dividend₹0.5 / share19 Sep 2018
Dividend₹0.5 / share21 Sep 2017
Dividend₹0.5 / share21 Sep 2016
Dividend₹0.5 / share21 Sep 2015
Who owns it · 2026-06-30
No pledge
Promoter
58.1%
Public
41.9%
Smart-money activity
Insider trades
BoughtSterlite Merchants LLP · Promoters5.86 L · ₹46.9 L12 Oct 18
BoughtAmar Singh · Promoters45.00 L · ₹15.2 cr30 Mar 17
BoughtPankaja Kumari Singh · Promoters9.67 L · ₹3.3 cr30 Mar 17
Bulk / block deals
BoughtRAM MOHAN REDDY KODI · NSE3.23 L @ ₹27.7119 Nov 25
SoldRAM MOHAN REDDY KODI · NSE3.23 L @ ₹27.8419 Nov 25
SoldPLUTUS RESEARCH PRIVATE LIMITED · NSE3.11 L @ ₹27.8519 Nov 25
Stake changes
BoughtSTERLITE MERCHANT LLP · promoter→ 1.23% · 5.86 L12 Oct 18
BoughtAmar Singh along with PAC · promoter→ 28.22% · 54.67 L30 Mar 17
BoughtPankaja Kumari Singh · promoter→ 6.18% · 9.67 L30 Mar 17
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 27 Sep 2025
See the official result
1
To consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended on March 31, 2025 along with the Reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
11.45 L votes for, 234 against
2
To appoint a Director in place of Mrs. Pankaja Kumari Singh (DIN: 00199454), who retires by rotation at this Annual General Meeting and being eligible has offered herself for re-appointment.
Backed by 78% of shareholders other than promotersneeded 50%
8.89 L votes for, 2.56 L against
3
To ratify the remuneration of the Cost Auditors for the financial year ending on March 31, 2026
Backed by 100% of shareholders other than promotersneeded 50%
11.45 L votes for, 284 against
4
To appoint Ms. Sweety Sharma, Practising Company Secretary as Secretarial Auditor of the Company.
Backed by 100% of shareholders other than promotersneeded 50%
11.44 L votes for, 737 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 6 named members
owning 58.1% between them · as of 2026-06-30
SARVOTTAM CAPS PRIVATE LIMITED24.84%
AMAR SINGH19.47%
PANKAJA KUMARI SINGH8.73%
STARTRACK VINIMAY PVT LTD3.84%
STERLITE MERCHANTS LLP1.23%
SANJIV SARAF0.02%
Business done with them
FY2025 · 4 of the group
The company paid ₹3 cr to companies in the promoter group last year — about 8.3% of its ₹33 cr revenue.
SARVOTTAM CAPS PRIVATE LIMITED
Other payments to them · Reffer notes
also owns 24.84% of the company
₹2 cr
company paid
STARTRACK VINIMAY PVT LTD
Other payments to them · Reffer notes
also owns 3.84% of the company
₹57.5 L
company paid
Amar Singh
Other payments to them · Reffer notes
also owns 19.47% of the company
₹25.6 L
company paid
STARTRACK VINIMAY PVT LTD
Contribution made to them · Reffer notes
also owns 3.84% of the company
₹24.3 L
company paid
Pankaja Kumari Singh
Leases As Lessee · Reffer notes
also owns 8.73% of the company
₹14.2 L
company received
Pankaja Kumari Singh
Contribution made to them · Reffer notes
also owns 8.73% of the company
₹3.5 L
company paid
STARTRACK VINIMAY PVT LTD
Settlement Of Liabilities By Entity On Behalf Of Related Party · Reffer notes
also owns 3.84% of the company
₹0.52 L
company paid
SARVOTTAM CAPS PRIVATE LIMITED
Settlement Of Liabilities By Entity On Behalf Of Related Party · Reffer notes
also owns 24.84% of the company
₹0.37 L
company paid

The company also transacted with 23 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.