BSE:503657

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Veer Energy & Infrastructure

Executive Summary

Veer Energy & Infrastructure Limited develops, constructs, and operates renewable energy projects in India.


Snowflake Analysis

Excellent balance sheet and fair value.

Share Price & News

How has Veer Energy & Infrastructure's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 503657 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-9.5%

503657

-5.2%

IN Renewable Energy

-1.1%

IN Market


1 Year Return

-18.8%

503657

-8.0%

IN Renewable Energy

-7.5%

IN Market

Return vs Industry: 503657 underperformed the Indian Renewable Energy industry which returned -8% over the past year.

Return vs Market: 503657 underperformed the Indian Market which returned -7.5% over the past year.


Shareholder returns

503657IndustryMarket
7 Day-9.5%-5.2%-1.1%
30 Day-3.9%-2.0%6.9%
90 Day7.1%11.2%16.9%
1 Year-18.8%-18.8%-5.0%-8.0%-5.7%-7.5%
3 Year-69.4%-69.4%-32.9%-39.1%-1.1%-5.7%
5 Year-83.2%-84.0%-17.3%-28.4%24.2%14.5%

Price Volatility Vs. Market

How volatile is Veer Energy & Infrastructure's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Veer Energy & Infrastructure undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 503657 (₹6.83) is trading below our estimate of fair value (₹19.03)

Significantly Below Fair Value: 503657 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 503657 is unprofitable, so we can't compare its PE Ratio to the IN Renewable Energy industry average.

PE vs Market: 503657 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 503657's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 503657 is good value based on its PB Ratio (0.1x) compared to the IN Renewable Energy industry average (0.4x).


Next Steps

Future Growth

How is Veer Energy & Infrastructure forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.5%

Forecasted Utilities industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Veer Energy & Infrastructure has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Veer Energy & Infrastructure performed over the past 5 years?

-15.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 503657 is currently unprofitable.

Growing Profit Margin: 503657 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 503657 is unprofitable, and losses have increased over the past 5 years at a rate of 15.1% per year.

Accelerating Growth: Unable to compare 503657's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 503657 is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (4%).


Return on Equity

High ROE: 503657 has a negative Return on Equity (-1.6%), as it is currently unprofitable.


Next Steps

Financial Health

How is Veer Energy & Infrastructure's financial position?


Financial Position Analysis

Short Term Liabilities: 503657's short term assets (₹512.2M) exceed its short term liabilities (₹14.6M).

Long Term Liabilities: 503657's short term assets (₹512.2M) exceed its long term liabilities (₹26.3M).


Debt to Equity History and Analysis

Debt Level: 503657's debt to equity ratio (0.05%) is considered satisfactory.

Reducing Debt: 503657's debt to equity ratio has reduced from 84.5% to 0.05% over the past 5 years.

Debt Coverage: 503657's debt is well covered by operating cash flow (7695%).

Interest Coverage: 503657 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Veer Energy & Infrastructure current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 503657's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 503657's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 503657's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 503657's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 503657 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 503657's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.2yrs

Average board tenure


CEO

Yogesh Shah (61yo)

no data

Tenure

₹1,800,000

Compensation

Mr. Yogesh Mahasukhlal Shah served as a Managing Director of Veerhealth Care Limited (a/k/a, Niyati Industries Ltd). Mr. Shah serves as Chairman at Veerhealth Care Limited and has been its Non-Executive Di ...


CEO Compensation Analysis

Compensation vs Market: Yogesh's total compensation ($USD23.96K) is below average for companies of similar size in the Indian market ($USD49.78K).

Compensation vs Earnings: Yogesh's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Yogesh Shah
Chairman & MDno data₹1.80m27.68% 22.1m
Prakashchandra Shah
Non-Executive Director12.75yrsno datano data
Joseph Tauro
Independent Non Executive Director10.42yrs₹3.00kno data
Nilay Shah
Non-Executive Director7.17yrsno datano data
Chetan Mehta
Independent Non Executive Director7.17yrs₹3.00kno data
Mitesh Kuvadia
Independent Non Executive Director7.17yrs₹2.00kno data
Falguni Shah
Independent Non Executive Directorno data₹1.00kno data

7.2yrs

Average Tenure

46yo

Average Age

Experienced Board: 503657's board of directors are considered experienced (7.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Veer Energy & Infrastructure Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Veer Energy & Infrastructure Limited
  • Ticker: 503657
  • Exchange: BSE
  • Founded: 1980
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Market Cap: ₹79.879m
  • Shares outstanding: 11.51m
  • Website: https://www.veerenergy.net

Number of Employees


Location

  • Veer Energy & Infrastructure Limited
  • Gazdar House
  • 1st Floor
  • Mumbai
  • Maharashtra
  • 400002
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
503657BSE (Mumbai Stock Exchange)INR10ININRNo data
503657BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2005

Biography

Veer Energy & Infrastructure Limited develops, constructs, and operates renewable energy projects in India. The company offers wind power infrastructure development services, including wind resource assessment, land sourcing, micrositing, civil infrastructure, electrical infrastructure, and installation and commissioning services; and generates wind power, as well as provides operations and maintenance services for evacuation facilities. It also offers off grid solar installation of solar power plants and rooftop solutions; and engineering, procurement, and construction services for customers to build solar power plants. Veer Energy & Infrastructure Limited was incorporated in 1980 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/16 12:48
End of Day Share Price2020/07/16 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.