RattanIndia Enterprises Limited generates, develops, transmits, distributes, trades in, and supplies electric power primarily in India.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹46.55|
|52 Week High||₹4.48|
|52 Week Low||₹70.65|
|1 Month Change||-8.64%|
|3 Month Change||54.14%|
|1 Year Change||598.95%|
|3 Year Change||896.79%|
|5 Year Change||1,230.00%|
|Change since IPO||1,008.33%|
Recent News & Updates
|534597||IN Renewable Energy||IN Market|
Return vs Industry: 534597 exceeded the Indian Renewable Energy industry which returned 83.2% over the past year.
Return vs Market: 534597 exceeded the Indian Market which returned 60.1% over the past year.
Stable Share Price: 534597 is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 534597's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
RattanIndia Enterprises Limited generates, develops, transmits, distributes, trades in, and supplies electric power primarily in India. It generates electricity through thermal power. The company was formerly known as RattanIndia Infrastructure Limited and changed its name to RattanIndia Enterprises Limited in March 2021.
Is RattanIndia Enterprises undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 534597 (₹46.55) is trading above our estimate of fair value (₹9.91)
Significantly Below Fair Value: 534597 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 534597 is unprofitable, so we can't compare its PE Ratio to the Indian Renewable Energy industry average.
PE vs Market: 534597 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 534597's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 534597 is overvalued based on its PB Ratio (76.1x) compared to the IN Renewable Energy industry average (0.9x).
How is RattanIndia Enterprises 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 RattanIndia Enterprises 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.
How has RattanIndia Enterprises performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 534597 is currently unprofitable.
Growing Profit Margin: 534597 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 534597 is unprofitable, but has reduced losses over the past 5 years at a rate of 44.9% per year.
Accelerating Growth: Unable to compare 534597's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 534597 is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-11.2%).
Return on Equity
High ROE: 534597 has a negative Return on Equity (-1.06%), as it is currently unprofitable.
How is RattanIndia Enterprises's financial position?
Financial Position Analysis
Short Term Liabilities: 534597's short term assets (₹843.9M) exceed its short term liabilities (₹5.4M).
Long Term Liabilities: 534597's short term assets (₹843.9M) exceed its long term liabilities (₹857.0K).
Debt to Equity History and Analysis
Debt Level: 534597 is debt free.
Reducing Debt: 534597 had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 534597 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 534597 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 63.4% per year.
What is RattanIndia Enterprises's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 534597's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 534597'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 534597's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 534597's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 534597'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
RattanIndia Enterprises has no CEO, or we have no data on them.
Experienced Board: 534597's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
RattanIndia Enterprises Limited's employee growth, exchange listings and data sources
- Name: RattanIndia Enterprises Limited
- Ticker: 534597
- Exchange: BSE
- Founded: 2010
- Industry: Independent Power Producers and Energy Traders
- Sector: Utilities
- Market Cap: ₹64.345b
- Shares outstanding: 1.38b
- Website: https://www.rattanindia.com/ril/
Number of Employees
- RattanIndia Enterprises Limited
- H.No. 9
- First Floor
- New Delhi
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 12:04|
|End of Day Share Price||2021/09/17 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.