Gita Renewable Energy Limited engages in the generation and distribution of power from waste heat recovery system in India. More Details
Mediocre balance sheet and slightly overvalued.
Share Price & News
How has Gita Renewable Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 539013 is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 539013's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Indian stocks.
7 Day Return
IN Renewable Energy
1 Year Return
IN Renewable Energy
Return vs Industry: 539013 exceeded the Indian Renewable Energy industry which returned 83.7% over the past year.
Return vs Market: 539013 exceeded the Indian Market which returned 59.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Gita Renewable Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Gita Renewable Energy 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: 539013 (₹88.2) is trading below our estimate of fair value (₹353.15)
Significantly Below Fair Value: 539013 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 539013 is unprofitable, so we can't compare its PE Ratio to the Indian Renewable Energy industry average.
PE vs Market: 539013 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 539013's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 539013 is overvalued based on its PB Ratio (10.3x) compared to the IN Renewable Energy industry average (0.8x).
How is Gita Renewable Energy 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 Gita Renewable Energy 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 Gita Renewable Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 539013 is currently unprofitable.
Growing Profit Margin: 539013 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 539013 is unprofitable, and losses have increased over the past 5 years at a rate of 62.4% per year.
Accelerating Growth: Unable to compare 539013's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 539013 is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-11.2%).
Return on Equity
High ROE: 539013 has a negative Return on Equity (-378.9%), as it is currently unprofitable.
How is Gita Renewable Energy's financial position?
Financial Position Analysis
Short Term Liabilities: 539013's short term assets (₹256.1M) do not cover its short term liabilities (₹354.3M).
Long Term Liabilities: 539013 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 539013 is debt free.
Reducing Debt: 539013 has no debt compared to 5 years ago when its debt to equity ratio was 86.1%.
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: Insufficient data to determine if 539013 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 539013 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Gita Renewable Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 539013's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 539013'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 539013's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 539013'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 539013'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 management tenure
Ramamoorthy Natarajan (69 yo)
Mr. Ramamoorthy Natarajan has been Chairman of the Board and Managing Director of Gita Renewable Energy Limited since March 31, 2015.
Experienced Management: 539013's management team is seasoned and experienced (6.5 years average tenure).
Experienced Board: 539013's board of directors are considered experienced (6.5 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.
Gita Renewable Energy Limited's company bio, employee growth, exchange listings and data sources
- Name: Gita Renewable Energy Limited
- Ticker: 539013
- Exchange: BSE
- Founded: 2010
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: ₹362.705m
- Shares outstanding: 4.11m
- Website: https://www.gitarenewable.com
Number of Employees
- Gita Renewable Energy Limited
- Survey No: 180 & 181
- OPG Nagar, Periya Obulapuram Village
- Tamil Nadu
Gita Renewable Energy Limited engages in the generation and distribution of power from waste heat recovery system in India. It also manufactures sponge iron. The company was incorporated in 2010 and is bas...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 15:35|
|End of Day Share Price||2021/09/16 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.