Veer Energy & Infrastructure Limited develops, constructs, and operates renewable energy projects in India.
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.
7 Day Return
IN Renewable Energy
1 Year Return
IN Renewable Energy
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.
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
Is Veer Energy & Infrastructure undervalued compared to its fair value and its price relative to the market?
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).
How is Veer Energy & Infrastructure forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine whether Veer Energy & Infrastructure is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Veer Energy & Infrastructure competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Utilities industry.
How has Veer Energy & Infrastructure performed over the past 5 years?
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Yogesh Shah (61yo)
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.
|Chairman & MD||no data||₹1.80m||27.68% ₹22.1m|
|Non-Executive Director||12.75yrs||no data||no data|
|Independent Non Executive Director||10.42yrs||₹3.00k||no data|
|Non-Executive Director||7.17yrs||no data||no data|
|Independent Non Executive Director||7.17yrs||₹3.00k||no data|
|Independent Non Executive Director||7.17yrs||₹2.00k||no data|
|Independent Non Executive Director||no data||₹1.00k||no data|
Experienced Board: 503657's board of directors are considered experienced (7.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Veer Energy & Infrastructure Limited's company bio, employee growth, exchange listings and data sources
- 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
- Veer Energy & Infrastructure Limited
- Gazdar House
- 1st Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|503657||BSE (Mumbai Stock Exchange)||INR10||IN||INR||No data|
|503657||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Oct 2005|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/16 12:48|
|End of Day Share Price||2020/07/16 00:00|
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.