Energy Development Company Limited (ENERGYDEV)

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Energy Development Company Limited (ENERGYDEV) · mywealthgrid

About

Energy Development Company Limited operates in Power Generation within the Utilities sector.

Face value: ₹10

Market cap

₹69 Cr

P/E

—

P/B

17.6×

Dividend yield

ROE

-6.1%

ROCE

25%

Debt / equity

35.13

OPM

59.5%

EPS (TTM)

₹-0.8

Book value

₹0.8

52-week high

—

52-week low

—

2,528 historical price candles were omitted because the exchange source has not been verified.

₹14.5-0.5%1Y

Quick read

rule-based

Pros

+Healthy operating margin of 59.5%

Cons

−Low return on equity of -64.4% (3-yr avg)
−Modest revenue growth of 8.1% a year over the last 5 years
−Heavily leveraged (debt/equity 35.1)
−Weak interest coverage of 1.9×
−Trading at 17.6× book value

Research score

Structured signal from quality, growth, valuation and momentum.

29/100

Business quality: 35
Growth: 10
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Jsw Energy LimitedJSWENERGYJSWENERGY	₹88,925 Cr	₹1,64,771 Cr	₹18,965 Cr	₹10,149 Cr	53.3%	₹1,967 Cr	14.6%	8.6%	7.7%	28
Ntpc Green Energy LimitedNTPCGREENNTPCGREEN	₹76,755 Cr	₹1,06,013 Cr	₹3,285 Cr	₹2,860 Cr	86.6%	₹607 Cr	18.2%	3.3%	2.8%	-32
Nhpc LimitedNHPCNHPC	₹72,073 Cr	₹1,24,207 Cr	₹12,210 Cr	₹5,787 Cr	45.1%	₹3,797 Cr	36.3%	4.4%	9.3%	77
Nlc India LimitedNLCINDIANLCINDIA	₹35,109 Cr	₹62,911 Cr	₹18,381 Cr	₹6,125 Cr	32%	₹3,367 Cr	21.6%	8.2%	17.5%	171
Acme Solar Holdings LimitedACMESOLARACMESOLAR	₹30,577 Cr	₹49,565 Cr	₹2,370 Cr	₹2,058 Cr	88%	₹603 Cr	24.6%	8.5%	10.4%	63
Sjvn LimitedSJVNSJVN	₹22,757 Cr	₹54,860 Cr	₹5,005 Cr	₹3,492 Cr	74%	₹639 Cr	14.2%	5.9%	4.5%	100
Nava LimitedNAVANAVA	₹15,652 Cr	₹17,873 Cr	₹4,310 Cr	₹1,656 Cr	40%	₹756 Cr	24.2%	12.5%	9.6%	178
Juniper Green Energy LimitedJNPRJNPR	₹15,263 Cr	₹28,184 Cr	₹719 Cr	₹606 Cr	84.3%	₹40 Cr	5.6%	—	1.2%	—
Clean Max Enviro Energy Solutions LimitedCLEANMAXCLEANMAX	₹15,234 Cr	₹27,644 Cr	₹1,913 Cr	₹1,132 Cr	59.2%	₹94 Cr	4.5%	6.4%	2.6%	-1,192
Vedanta Power LimitedVEDPOWERVEDPOWER	₹12,814 Cr	₹18,646 Cr	₹5,453 Cr	₹1,040 Cr	19.1%	₹-1,713 Cr	-31.4%	11%	-88.4%	76
Jaiprakash Power Ventures LimitedJPPOWERJPPOWER	₹10,143 Cr	₹13,523 Cr	₹5,756 Cr	₹1,525 Cr	24.6%	₹641 Cr	8.1%	6.9%	3.6%	93
Reliance Power LimitedRPOWERRPOWER	₹8,028 Cr	₹22,840 Cr	₹7,690 Cr	₹2,361 Cr	31%	₹-319 Cr	-4.4%	6.1%	-2.1%	139

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	60	35	30	31	43	37	30	33	46
COGS	24	1	2	1	0	0	0	0	0
Gross profit	36	34	28	31	—	—	—	—	—
	16	19	16	14	12	13	14	17	18
	20	15	12	17	31	25	16	16	28
OPM %	33.4%	44.1%	41.4%	53.3%	71.2%	66.2%	54.1%	49.2%	59.5%
Depreciation	12	11	10	10	10	10	10	10	9
Interest	21	20	18	19	17	14	10	10	10
	2	4	2	2	3	5	2	-74	-4
Profit before tax	-10	-12	-14	-10	6	5	-2	-78	4
Tax	3	-5	-10	-4	-2	1	-0	19	4
Tax %	29.2%	-39.5%	-68.9%	-38.2%	-29.1%	20.4%	-2.7%	24.5%	106.2%
	-13	-7	-4	-6	7	4	-2	-97	-0
PAT margin %	-21.9%	-20.2%	-14.9%	-20.2%	16.8%	11.2%	-7.2%	-296.9%	-0.5%
EPS (₹)	-2.5	-1.2	-0.9	-1.3	1.5	0.9	-0.5	-20.5	-0.1
EPS adjusted (₹)	-2.5	-1.2	-0.6	-0.9	1.8	0.9	-0.5	-20.5	-0.1
Annual report	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	48	48	48	48	48	48	48	48	48
Reserves	61	53	—	42	51	56	54	-44	-44
	162	162	—	163	160	158	154	146	137
	91	85	—	93	94	94	95	41	39
Total equity & liabilities	362	347	—	346	353	356	350	192	180
	203	192	182	172	162	151	141	131	126
CWIP	30	30	—	30	30	30	30	4	—
Investments	—	12	—	12	12	12	12	0	0
	129	113	—	132	149	163	167	56	54
Total assets	362	347	—	346	353	356	350	192	180

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Generating division	46.25	24.44	158.1	112.18	45.92	53.22
Contract division	0	-6.03

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	97.6%	94.8%	98.1%	—	—	—	—	—
EBITDA margin %	44.1%	41.4%	53.3%	71.2%	66.2%	54.1%	49.2%	59.5%
EBIT margin %	12.2%	6.4%	20.2%	47.2%	38.7%	19.8%	17.8%	39.8%
PAT margin %	-20.2%	-14.9%	-20.2%	16.8%	11.2%	-7.2%	-296.9%	-0.5%
Working capital
Receivable days	381	—	439	338	402	486	88	32
Inventory days	712	—	510	22	20	18	18	6
Payable days	—	—	10,239	475	467	406	308	266
NWC days	—	—	-9,290	-115	-46	98	-203	-228
Leverage
Current ratio	1.17	—	1.07	0.77	0.79	0.77	0.32	0.36
Debt to EBITDA	10.51	—	9.76	5.23	6.39	9.47	9.1	4.99
Debt to equity	1.62	—	1.82	1.63	1.53	1.52	36.89	35.13
Interest coverage	0.4	0.2	0.5	1.3	1.4	0.8	0.8	1.9
Asset turnover	0.1	—	0.09	0.12	0.11	0.09	0.17	0.26
Return ratios
Return on assets %	-2%	—	-1.8%	2.1%	1.2%	-0.6%	-50.8%	-0.1%
Return on capital employed %	3.1%	—	3.5%	10.6%	10%	4.1%	5.7%	25%
Return on equity %	-7.1%	—	-7.1%	7.4%	4.1%	-2.1%	-2,449.9%	-6.1%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	58.14%	58.14%	58.14%	58.14%	58.14%	58.14%	58.14%	58.14%	58.14%	58.14%	58.14%	58.14%
FII	0%	0.12%	0.04%	0.19%	0%	0.08%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	41.86%	41.74%	41.82%	41.67%	41.86%	41.78%	41.86%	41.86%	41.86%	41.86%	41.86%	41.86%
No. of shareholders	—	—	—	—	—	—	—	—	37,052	37,576	36,791	36,707

Promoter holding up 0 percentage points since Sep 2023.

26 deals · 29 Dec 2021 – 19 Nov 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
19 Nov 2025	RAM MOHAN REDDY KODI	Bulk	NSE	Sell	3,23,227	₹27.84	₹0.90 Cr
19 Nov 2025	RAM MOHAN REDDY KODI	Bulk	NSE	Buy	3,23,227	₹27.71	₹0.90 Cr
19 Nov 2025	PLUTUS RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	3,11,493	₹27.84	₹0.87 Cr
19 Nov 2025	PLUTUS RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	3,11,493	₹27.85	₹0.87 Cr
4 Apr 2024	YUGA STOCKS AND COMMODITIES PRIVATE LIMITED .	Bulk	NSE	Buy	2,58,705	₹29.02	₹0.75 Cr
4 Apr 2024	YUGA STOCKS AND COMMODITIES PRIVATE LIMITED .	Bulk	NSE	Sell	1,46,100	₹29.05	₹0.42 Cr
13 Dec 2023	GAURAV PALIWAL	Bulk	NSE	Sell	2,80,000	₹33.96	₹0.95 Cr
13 Dec 2023	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	2,64,275	₹32.40	₹0.86 Cr
13 Dec 2023	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	2,64,275	₹32.32	₹0.85 Cr
11 Dec 2023	GAURAV PALIWAL	Bulk	NSE	Buy	2,40,000	₹26.03	₹0.62 Cr

1–10 of 26

1 / 3

Mr. Nitin Dutt SharmaNon-Executive - Non Independent Director-Chairperson
Mrs. PANKAJA KUMARI SINGHNon-Executive - Non Independent Director
N M ModiDeputy General Manager
Ms. DISHA KUMAR SINGHNon-Executive - Non Independent Director
Mr. Satyendra Pal SinghExecutive Director
Mr. Aman JainNon-Executive - Independent Director
Mr. Dharm Veer SharmaNon-Executive - Independent Director
Ms. VANDANANon-Executive - Independent Director
Mr. Prabir GoswamiChief Financial Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Energy Development Company Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

11 announcementsExport CSV

28 Aug 2026, 6:04 pmCorp. Action

Notice Of 31St Annual General Meeting And Book Closure

Book Closure PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	97.6%	94.8%	98.1%	—	—	—	—	—
EBITDA margin %	44.1%	41.4%	53.3%	71.2%	66.2%	54.1%	49.2%	59.5%
EBIT margin %	12.2%	6.4%	20.2%	47.2%	38.7%	19.8%	17.8%	39.8%
PAT margin %	-20.2%	-14.9%	-20.2%	16.8%	11.2%	-7.2%	-296.9%	-0.5%
Working capital
Receivable days	381	—	439	338	402	486	88	32
Inventory days	712	—	510	22	20	18	18	6
Payable days	—	—	10,239	475	467	406	308	266
NWC days	—	—	-9,290	-115	-46	98	-203	-228
Leverage
Current ratio	1.17	—	1.07	0.77	0.79	0.77	0.32	0.36
Debt to EBITDA	10.51	—	9.76	5.23	6.39	9.47	9.1	4.99
Debt to equity	1.62	—	1.82	1.63	1.53	1.52	36.89	35.13
Interest coverage	0.4	0.2	0.5	1.3	1.4	0.8	0.8	1.9
Asset turnover	0.1	—	0.09	0.12	0.11	0.09	0.17	0.26
Return ratios
Return on assets %	-2%	—	-1.8%	2.1%	1.2%	-0.6%	-50.8%	-0.1%
Return on capital employed %	3.1%	—	3.5%	10.6%	10%	4.1%	5.7%	25%
Return on equity %	-7.1%	—	-7.1%	7.4%	4.1%	-2.1%	-2,449.9%	-6.1%

Date	Category	Subject	Filing
28 Aug 2026, 6:04 pm	Corp. Action Book Closure	Notice Of 31St Annual General Meeting And Book Closure	PDF
28 Aug 2026, 5:52 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
10 Aug 2026, 5:37 pm	Board Meeting Outcome of Board Meeting	Board Meeting Outcome for Outcome Of The Board Meeting Un-Audited Financial Results For The Quarter Ended On 30Th June, 2026.	PDF
3 Aug 2026, 6:34 pm	Board Meeting	Board Meeting Intimation for Notice Of Board Meeting	PDF
15 Jul 2026, 1:07 pm	Company Update Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	PDF
26 Jun 2026, 3:48 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
28 May 2026, 6:00 pm	Board Meeting Outcome of Board Meeting	Board Meeting Outcome for Compliance With Regulation 30 And 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015-Outcome Of The Board Meeting	PDF
25 May 2026, 4:56 pm	Company Update Reg.24(A)-Annual Secretarial Compliance	Compliances-Reg.24(A)-Annual Secretarial Compliance	PDF

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	17	15	18	14	28	19	10	22	26
	9	-2	-2	-4	-11	-5	-1	-3	1
	-22	-19	-15	-11	-15	-13	-13	-21	-21
Net cash flow	4	-5	2	-1	3	1	-4	-2	6
Free cash flow	—	—	—	14	28	19	10	17	26
CFO / Operating profit %	83.4%	99.3%	146.4%	83.7%	91.8%	76.6%	63.5%	136.5%	95.2%

Energy Development Company Limited

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Announcements

Not in the F&O segment

No fund holdings on record

14

1

Announcements

Annual reports

Segment results

Compounded sales growth

Return on equity

Contract Division · revenue

Energy Development Company Limited

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Dividends14

Board meetings1

Announcements

Annual reports

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Return on equity

Contract Division · revenue

14

1