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EKI Energy Services Ltd share Price Today

Company details

342.00
355.85
268.10
717.85
6M Return -18.38%
1Y Return -15.67%
Mkt Cap.(Cr) 961.96
Volume 27,139
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 27,139

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Consulting Services company EKI Energy Services announced Q3FY24 results:

Financial Highlights:

  • Q3FY24 Total Revenues significantly decreased from Q3FY23 of Rs 395.44 crore to Rs 43.52 crore.
  • Q3FY24 EBIDTA is negative (Rs -22.77 crore) with a notable negative EBIDTA Margin of -52.32%.
  • Q3FY24 Profit After Tax (Rs -23.33 crore) and PAT Margin (-53.62%).

Operational Highlights:

  • The company mobilized more than 12 million carbon credits till Q3FY24.
  • There has been an investment of around Rs 120 crore in community-based greenhouse gas reduction programs in India and Africa.
  • A strong emphasis on community-based projects, with registered projects starting to issue credits in Q4FY24.
  • There was a 45% growth YoY in the unique client base and an approximate 15% global market share in the carbon industry.
  • Management commentary highlighted addressing the valuation of inventory at Net Realizable Value to facilitate profitable deals in upcoming quarters and a positive outlook for change in the carbon market.

Manish Dabkara, Chairman & MD of EKI Energy Services, said, "The recent deceleration in international carbon markets after years of rapid growth, is attributed to persistent uncertainties related to inflation and the broader macroeconomic landscape. Further, the outcomes of COP28 fell short of the essential measures needed to meet climate goals. Despite high expectations for progress under Article 6.2 and Article 6.4, negotiations faced challenges and did not result in a deal.”

"On a positive note, significant developments took place within India's Carbon Credit Trading Scheme 2023. The recent amendments by the Government of India, introducing the Offset Market and allowing non-obligated entities to participate in CCTS, mark a progressive step. This change is anticipated to open new opportunities for Indian decarbonization project developers within the national carbon market. In Q3FY24, EKI continued its commitment to environmental stewardship and active participation in global climate action. With the sector’s transformative potential and strategic positioning, EKI aims to capitalize on the growing Carbon Market of the future.”

 

 

Result PDF

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EKI Energy Services Ltd shares SWOT Analysis

Strengths (5)

  • MACD Crossover Above Signal Line
  • Rising Net Cash Flow and Cash from Operating activity
  • Growth in Net Profit with increasing Profit Margin (QoQ)

Weakness (2)

  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)
  • Fall in Quarterly Revenue and Net Profit (YoY)

Opportunity (1)

  • Stock with Low PE (PE < = 10)

Threats (2)

  • Companies with growing costs YoY for long term projects
  • Increasing Trend in Non-Core Income

Resistance and support

R1 355.9
R2 362.8
R3 369.7
Pivot

348.93

S1 342.0
S2 335.1
S3 328.2
EMA SMA
345.1
360.6
385.9
465.4
341.8
362.2
391.7
421.5
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
TOPGAIN FINANCE PRIVATE LIMITED Bulk Purchase 2023-09-28 476.61 154299 BSE
TOPGAIN FINANCE PRIVATE LIMITED Bulk Sell 2023-09-28 466.32 138995 BSE
NK SECURITIES RESEARCH PVT. LTD. Bulk Purchase 2023-09-21 687.22 172857 BSE
Name Category Shares
MANISH KUMAR DABKARA PROMOTER 51.41%
VIDHYA DABKARA PROMOTER 14.68%
PRIYANKA DABKARA PROMOTER 4.26%
JAGANNATH DABKARA PROMOTER 1.91%
NAVEEN SHARMA PROMOTER 0.51%
SONALI SHEIKH PROMOTER 0.51%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
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P BV

EKI Energy Services Ltd Stocks COMPARISON

Financials( in Cr) EKI Energy Services Ltd Central Depository Services (India) Ltd Godrej Agrovet Ltd RattanIndia Enterprises Ltd Thomas Cook (India) Ltd
Price 349.50 2,151.00 543.10 74.90 212.15
% Change -1.77 3.38 -0.42 -0.60 -1.42
Mcap Cr 961.96 22,477.95 10,438.98 10,353.20 9,979.13
Revenue TTM Cr 1,286.45 555.09 9,373.68 4,123.79 5,047.67
Net Profit TTM Cr 119.65 275.96 295.36 -286.10 10.37
PE TTM 0.00 61.60 31.39 24.87 51.93
1 Year Return -15.67 117.93 26.54 87.95 226.38
ROCE 28.62 31.39 10.56 0.89 3.69
ROE 25.67 23.93 10.47 0.82 0.57
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 523.11 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,463.02 -9,686.18
LAST 3M 80,117.99 24,951.10
LAST 6M 139,103.06 73,773.67
LAST 12M 214,781.93 191,401.70

EKI Energy Services Ltd Information

Stock PE (TTM)
0
Promoter Holding
73.43%
Book Value
162.3556
ROCE
28.62%
ROE
25.67%
Description
  • EKI Energy Services Ltd. is an Indian company that provides climate change advisory and support to companies in the country and across the word. Its services include climate change advisory, carbon offsetting, business excellence advisory, and training services.

    The company was incorporated in May 2011 and has its registered office in Indore, Madhya Pradesh. It has a market capitalisation of Rs. 5.4 trillion crore. EKI Energy share price was at Rs. 7,860 as of April 4, 2022. EKI Energy Services share prices hit a 52-week high at Rs. 12,599.95 and recorded a 52-week low at Rs. 140. EKI Energy shares had a price to earnings ratio of 287.82 as of April 4, 2022 and a price to book ratio of 0.01 as of the same date.

    When it began, EKI Energy started with its Climate Change Advisory business, providing consultancy services for the validation, registration, monitoring, verification and issuance, and supply of eligible carbon credits. Eventually, the company expanded its services into Carbon Credits Off­setting business because of the market demand. This was then followed by the establishment of the ISO Consultancy business in 2015 and with increasing awareness on environment safety and energy conservation, the company started to provide clients with Electrical Safety Audits in 2015. EKI Energy off­ers services to governments and private sector industries, such as power generation, waste management, and airports. The company has successfully managed more than 1,000 projects worldwide, and has an established client base of more than 2,000 companies and organisations across the globe.

    For the December quarter of 2021, EKI Energy Services reported a total income of Rs. 688.53 crore compared to a total revenue of Rs. 1,325.70 crore for the same period in the previous year. The company made a profit after tax of Rs. 161.21 crore for the December quarter of 2021 compared to Rs. 278.21 crore in the same period in the previous year. EKI Energy Services Ltd. share reported an earnings per equity share of Rs. 234.52 for the December quarter of 2021 compared to Rs. 404.72 for the same period in the previous year.

    Disclaimer:- ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

201 Plot No 48 Scheme No 78, Part II Vijay Nagar, Indore, Madhya Pradesh, 452010

Tel : 91-0731-4289086
Email : cs:enkingint.org
Website : http://www.enkingint.org
Registrar

Bigshare Services Pvt Ltd

AGM Date (Month) : Nov
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543284
NSE Code :
Book Closure Date (Month) :
BSE Group : A
ISIN : INE0CPR01018

FAQ’s on EKI Energy Services Ltd Shares

You can buy EKI Energy Services Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy EKI Energy Services Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 25, 2024 04:01 PM the closing price of EKI Energy Services Ltd was ₹ 349.50.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 25, 2024 04:01 PM, the market cap of EKI Energy Services Ltd stood at ₹ 961.96.

The latest PE ratio of EKI Energy Services Ltd as of Apr 25, 2024 04:01 PM is 0

The latest PB ratio of EKI Energy Services Ltd as of Apr 25, 2024 04:01 PM is 0.46

The 52-week high of EKI Energy Services Ltd share price is ₹ 717.85 while the 52-week low is ₹ 268.10

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