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Ravindra Energy Results: Latest Quarterly Results & Analysis

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Ravindra Energy Ltd. 17 Aug 2026 15:19 PM

Q1FY27 Quarterly Result Announced for Ravindra Energy Ltd.

Electric Utilities company Ravindra Energy announced Q1FY27 results

Consolidated Financial Highlights:

  • Revenue from Operations: Recorded at 1,199.69 million in Q1FY27, representing a YoY decrease of 33.95% from 1,816.46 million in Q1FY26 and a QoQ decrease of 14.41% from 1,401.64 million in Q4FY26.
  • Total Revenue: Stood at 1,225.05 million in Q1FY27, compared to 1,853.30 million in Q1FY26 (YoY down 33.90%) and 1,442.70 million in Q4FY26 (QoQ down 15.09%).
  • Profit Before Tax (PBT): Reported at 177.06 million in Q1FY27, a decrease of 27.07% YoY from 242.78 million in Q1FY26. On a QoQ basis, PBT increased by 3.72% from 170.71 million in Q4FY26.
  • Profit After Tax (PAT): Net profit for the period was 111.04 million in Q1FY27, reflecting a YoY decline of 50.00% from 222.07 million in Q1FY26. However, PAT saw a significant QoQ surge of 579.14% compared to 16.35 million in Q4FY26.
  • Total Comprehensive Income: Stood at 15.26 million in Q1FY27, down from 222.07 million in Q1FY26 and 110.50 million in Q4FY26.
  • Earnings Per Share (EPS): Basic and Diluted EPS for Q1FY27 stood at Rs 0.09, compared to Rs 1.30 in Q1FY26 and Rs 0.62 in Q4FY26.

Standalone Financial Highlights:

  • Revenue from Operations: Stood at 918.38 million in Q1FY27, reflecting a YoY decrease of 36.02% from 1,435.47 million in Q1FY26 and a QoQ decrease of 5.06% from 967.34 million in Q4FY26.
  • Total Revenue: Recorded at 967.02 million in Q1FY27, compared to 1,492.05 million in Q1FY26 and 1,071.83 million in Q4FY26.
  • Profit Before Tax (PBT): Reported at 137.05 million in Q1FY27, a YoY decline of 43.83% from 243.97 million in Q1FY26 and a QoQ decline of 14.58% from 160.44 million in Q4FY26.
  • Profit After Tax (PAT): Net profit reached 137.55 million in Q1FY27, down from 244.34 million in Q1FY26 and 160.22 million in Q4FY26.

Business Highlights:

  • Segment Performance:
    • Solar Segment: Revenue was 1,101.91 million in Q1FY27 compared to 1,752.71 million in Q1FY26. The segment result profit (before interest and tax) was 318.57 million.
    • Trading Segment: Revenue reached 97.78 million in Q1FY27, growing by 53.38% YoY from 63.75 million in Q1FY26. The segment turned profitable with a result profit of 13.04 million compared to a loss of 47.25 million in Q1FY26.
  • Fund Raising: During the current period, the company raised funds through a rights issue of 1,98,54,940 equity shares at a premium of Rs 91 per share. The total amount received from the rights issue and ESOPs during the period was Rs 2,014.84 million.
  • Investment in Associate: The company invested Rs 150.00 crore in its associate company, Energy In Motion Limited (EIM), in the form of equity. This was utilized to repay inter-corporate deposits (ICDs) borrowed by EIM from one of its promoters, Golden Green Innovations Private Limited.
  • Accounting Policy Change: The group revised its accounting policy for solar power plants under Ind AS 115 (Service Concession Arrangements). Infrastructure is now recognized as an "Intangible Asset" rather than Property, Plant and Equipment (PPE). This change was applied retrospectively, leading to the restatement of financial results for previous periods.
  • Management Updates: Mr. Shantanu Lath was re-appointed as the Whole-Time Director and designated as the Chief Executive Officer (CEO) of the company for a further term of 3 years effective from August 11, 2026.
  • Employee Stock Options: The Board approved the "Ravindra Energy Employee Stock Option Scheme, 2026." During the previous year, 70,000 shares were issued under the REL ESOP Scheme 2022 following the completion of the 1-year vesting period.
  • Exceptional Items: Standalone results for FY26 included an impairment in investments in Limited Liability Partnerships (LLPs) to the tune of Rs 50 million and a net profit of Rs 1.88 million on the sale of equity shares of its subsidiary companies.

Result PDF

Electric Utilities company Ravindra Energy announced Q4FY26 & FY26 results

Q4FY26 Standalone Financial Highlights:

  • Revenue from Operations: Stood at Rs 967.34 million, a decrease of 5.31% QoQ from Rs 1,021.59 million and a decrease of 31.65% YoY from Rs 1,415.30 million.
  • Total Revenue: Stood at Rs 1,071.83 million, a marginal decrease of 0.10% QoQ compared to Rs 1,072.95 million and a decrease of 27.03% YoY from Rs 1,468.97 million.
  • Net Profit after Tax: Reported at Rs 160.22 million, representing a decline of 16.71% QoQ from Rs 192.37 million but an increase of 53.33% YoY compared to Rs 104.49 million.
  • Earnings Per Share (EPS): Basic and Diluted EPS for the quarter was Rs 0.90, compared to Rs 1.08 in the Q3FY26 and Rs 0.63 in Q4FY25.

Q4FY26 Consolidated Financial Highlights:

  • Revenue from Operations: Stood at Rs 1,330.55 million, an increase of 4.63% QoQ from Rs 1,271.71 million but a decrease of 16.31% YoY from Rs 1,589.89 million.
  • Total Revenue: Stood at Rs 1,379.46 million, up 4.63% QoQ from Rs 1,318.35 million and down 16.38% YoY from Rs 1,649.76 million.
  • Net Profit for the Period: Stood at Rs 128.95 million, a decrease of 11.91% QoQ from Rs 146.39 million and an increase of 2.20% YoY from Rs 126.18 million.
  • Earnings Per Share (EPS): Basic and Diluted EPS was Rs 0.71, compared to Rs 0.80 in Q3FY26 and Rs 0.74 in Q4FY25.

FY26 Standalone Financial Highlights:

  • Revenue from Operations: Reached Rs 4,443.76 million in FY26, a growth of 136.21% YoY from Rs 1,881.25 million in FY25.
  • Total Revenue: Stood at Rs 4,683.83 million for the full year, an increase of 136.21% YoY from Rs 1,982.86 million.
  • Net Profit after Tax: Reported at Rs 913.98 million, a significant growth of 271.31% YoY compared to Rs 246.15 million in FY25.
  • Earnings Per Share (EPS): Basic and Diluted EPS for the year was Rs 5.12, up from Rs 1.49 in the previous year.
  • Cash Flow from Operating Activities: Net cash generated was Rs 1,480.00 million, compared to Rs (239.04) million (net cash used) in FY25.
  • Cash Flow from Investing Activities: Net cash used was Rs (1,432.66) million.
  • Cash Flow from Financing Activities: Net cash used was Rs (12.43) million.

FY26 Consolidated Financial Highlights:

  • Revenue from Operations: Stood at Rs 5,432.02 million for FY26, an increase of 116.91% YoY from Rs 2,504.22 million.
  • Total Revenue: Reached Rs 5,610.02 million, growing 113.95% YoY from Rs 2,622.09 million.
  • Net Profit for the Year: Reported at Rs 808.31 million, showing a growth of 270.59% YoY from Rs 218.11 million.
  • Earnings Per Share (EPS): Basic and Diluted EPS was Rs 4.53, an increase of 243.18% YoY from Rs 1.32.
  • Cash Flow from Operating Activities: Net cash generated reached Rs 1,718.49 million, compared to Rs 708.96 million in FY25.
  • Cash Flow from Investing Activities: Net cash used was Rs (4,426.93) million.
  • Cash Flow from Financing Activities: Net cash generated was Rs 2,782.88 million.

Business Highlights:

  • Preferential Issue: The company raised Rs 1,799.99 million during the previous year through a preferential issue of 2,43,24,313 equity shares at Rs 74 per share (premium of Rs 64 per share).
  • Exceptional Items: Standalone results for FY26 included an impairment of investments in LLP to the extent of Rs 50.00 million. Consolidated results included a profit of Rs 18.80 million on the sale of shares of its subsidiary.
  • ESOPs: Under the REL ESOP Scheme 2022, 25% of the stocks vested after 1 year, and 70,000 shares were exercised and issued during the year.
  • Liquidation of Subsidiary: The voluntary liquidation of the foreign subsidiary, Renuka Energy Resource Holdings (FZE), was confirmed with a closure certificate dated April 21, 2025.
  • Internal and Cost Auditors: The Board approved the appointment of M/s. P. G. Bhagwat LLP as Internal Auditors and M/s. A. G. Anikhindi & Co. as Cost Auditors for FY2026-27.
  • Unutilized Funds Deployment: Unutilized proceeds from the preferential issue (Rs 8.00 million) were deployed in fixed deposits with SBI and Axis Bank.

Result PDF

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