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Energy Development Company Limited

ENERGYDEV | NSE

17.10

INR

0.70

4.27%

ENERGYDEV | NSE
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About Energy Development Company Limited

Sector

Utilities

Industry

Utilities-Regulated Electric

Earnings date

31/03/2024

As of date

05/06/2026

Close

17.10

Open

16.90

High

17.92

Low

16.56

Energy Development Company Limited generates and sells electricity from water and wind in India. The company operates through three divisions: Generating Contract and Trading. The Generating division generates and sells power to various electricity boards. It owns and operates 9 MW and 6 MW Harangi hydro-electric power plants in the district of Kodagu as well as two wind projects of 1.5 MW each in the cities of Hassan and Chitradurga in Karnataka; and a 7 MW Ullunkal hydroelectric power project and 15 MW Karikayam hydroelectric power project in the state of Kerala. This division also executes 270 MW of hydroelectric projects in the state of Arunachal Pradesh. The Contract division develops energy and infrastructure projects for other developers. It offers engineering consultancy and project management services for hydroelectric power plants; engineering procurement and construction services; third party power plant operations and maintenance services; and rehabilitation renovation modernization and uprating consultancy and services for ageing hydro power plants. This division is also involved in the cogeneration or the combined generation of heat and power from a single fuel source such as bagasse. The Trading division trades in power equipment metals etc. Energy Development Company Limited was incorporated in 1995 and is based in Kolkata India.

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ENERGYDEV | NSE

Risk
29.0
Sharpe
-0.35
Luna's Score
57/100
Recommendation
Hold

Luna says (ENERGYDEV | NSE)

What's Working

Strength based on increasing price with high volume

High Current Volume and Positive 1-Day Return

Low Market Beta (-0.4 to 0.8)

Value Stock (Price to Book < 3)

Strong Revenue Growth (> 10%)

What's not Working

Microcap (<300M USD)

High Debt to Equity (> 0.75)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

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10 days

33.7%

1 month

29.0%

3 months

38.7%

6 months

35.0%

Returns

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Fundamental Ratios

PE

-

Fwd. PE

-

Price to book

1.13

Debt to equity

1.52

Debt to assets

0.44

Ent. to EBITDA

12.65

Ent. to rev.

7.55

PEG

-

Other Fundamentals

EBITDA

171.24M

MarketCap

824.06M

MarketCap(USD)

8.68M

Div. yield

-

Op. margin

21.52

Erngs. growth

34.60

Rev. growth

15.80

Ret. on equity

-2.27

Short ratio

-

Short perc.

-

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

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Range10D

2.25

Range1M

2.63

Range3M

5.15

Volumes: Market Activity

Volume Averages

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Rel. volume

2.60

Price X volume

1.91M

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA12.6512.69Par
Ent. to Revenue7.554.21Expensive
PE Ratio-16.06-
Price to Book1.131.54Cheaper
Dividend Yield-2.73-
Std. Deviation (3M)38.6648.24Par
Debt to Equity1.521.10Expensive
Debt to Assets0.440.33Expensive
Market Cap824.06M546.04BEmerging
  • 1

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