Gita Renewable

Has Gita Renewable declared dividend?

No Dividend History Available

Who are the peers of the Gita Renewable?

Gita Renewable's peers include NTPC, Power Grid Corp, Adani Power, Adani Green, Tata Power, Advance Meter, Veer Energy, IND Renewable, and SRM Energy. Gita Renewable has average management risk and a 1-year return of -18.16%, better than Adani Power but worse than Veer Energy.

Peers: The peers of Gita Renewable are NTPC, Power Grid Corpn, Adani Power, Adani Green, Tata Power Co., Advance Meter., Veer Energy, IND Renewable, and SRM Energy Ltd.<BR><BR>Quality Snapshot: Excellent management risk is observed at Adani Power and Tata Power Co., while Average management risk is found at NTPC and Gita Renewable. Below Average management risk is noted for Advance Meter., Veer Energy, and the rest. Growth is Excellent at Adani Power and Tata Power Co., Good at Gita Renewable, and Below Average for Power Grid Corpn, Advance Meter., Veer Energy, and the rest. Capital Structure is Below Average for NTPC, Power Grid Corpn, Adani Power, Tata Power Co., Gita Renewable, Advance Meter., Veer Energy, and the rest, while KKV Agro Powers has an Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Veer Energy at -3.95%, while the lowest is Adani Power at -37.47%. Gita Renewable's 1-year return of -18.16% is better than Adani Power's but worse than Veer Energy's. Additionally, the six-month return is negative for NTPC, Power Grid Corpn, Adani Power, Tata Power Co., Gita Renewable, Advance Meter., and Adani Green.

Is Gita Renewable overvalued or undervalued?

As of May 24, 2023, Gita Renewable is considered overvalued with a valuation grade of risky, reflected by negative financial ratios and poor year-to-date performance, especially when compared to more favorably rated peers like NTPC and Tata Power.

As of 24 May 2023, the valuation grade for Gita Renewable has moved from very expensive to risky, indicating a significant shift in its perceived value. The company is currently assessed as overvalued based on its financial ratios, which include a PE ratio of -51.67, an EV to EBITDA ratio of -51.63, and a Price to Book Value of 3.80. These figures suggest that the company's earnings and cash flow metrics are not only negative but also indicate a high valuation relative to its book value.<BR><BR>In comparison to its peers, Gita Renewable's valuation appears unfavorable. For instance, NTPC, categorized as very attractive, has a PE ratio of 13.78 and an EV to EBITDA of 10.37, while Tata Power Co., rated as attractive, shows a PE ratio of 31.57 and an EV to EBITDA of 12.92. The stark contrast in these ratios highlights Gita Renewable's overvaluation in the context of its industry. Additionally, despite a strong 5-year return of 2245.13%, the company's year-to-date performance of -11.96% and underperformance relative to the Sensex over the same period further reinforce the notion that Gita Renewable is currently overvalued.

What is the technical trend for Gita Renewable?

As of May 12, 2025, Gita Renewable's technical trend is mildly bearish, with mixed signals from MACD and KST across different time frames, while daily moving averages reinforce a cautious outlook.

As of 12 May 2025, the technical trend for Gita Renewable has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish, suggesting mixed signals across time frames. The daily moving averages are mildly bearish, reinforcing the overall cautious outlook. The Bollinger Bands on the monthly chart are bearish, and both the weekly and monthly KST show mildly bullish and mildly bearish trends, respectively. There are no clear signals from the RSI or Dow Theory, which indicate no trend in both weekly and monthly assessments. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from MACD and KST.

Who are in the management team of Gita Renewable?

As of March 2023, the management team of Gita Renewable includes Natarajan R (Chairman & Managing Director), Saraswathi (Non Executive Director), Sankaran Sivasailapathi (Independent Director), S. Sekar (Independent Director), and M Sahoo (Company Secretary & Compliance Officer).

As of March 2023, the management team of Gita Renewable includes the following members:<BR><BR>1. Natarajan R - Chairman & Managing Director<BR>2. Saraswathi - Non Executive Director<BR>3. Sankaran Sivasailapathi - Independent Director<BR>4. S. Sekar - Independent Director<BR>5. M Sahoo - Company Secretary & Compliance Officer<BR><BR>These individuals play key roles in the governance and management of the company.

What does Gita Renewable do?

Gita Renewable Energy Ltd is a micro-cap company in the power industry, formed in 2010 after acquiring the Power Division of Kanishk Steel Industries. As of March 2025, it reported no net profit and has a market cap of INR 49 Cr.

Overview:<BR>Gita Renewable Energy Ltd operates in the power industry and is classified as a micro-cap company.<BR><BR>History:<BR>The company was incorporated in 2010 and underwent a significant change following a court order on January 4, 2013, which sanctioned a Scheme of Arrangement that vested the Power Division of Kanishk Steel Industries Limited with Gita Renewable Energy as a going concern. The scheme became effective on February 28, 2013. The most recent quarterly results reported are for March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>Market-cap value: INR 49 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 21<BR>Dividend Yield: 0.00%<BR>Debt Equity: 0.00<BR>Return on Equity: -2.87%<BR>Price to Book: 3.65<BR><BR>Contact Details:<BR>Address: Survey No 180 & 181 OPG Nagar, Periya Obulapuram Village Gummidipoondi Tamil Nadu : 601201<BR>Phone: 91-44-43487350<BR>Email: investor@gitarenewable.com<BR>Website: http://www.gitarenewable.com

Who are the top shareholders of the Gita Renewable?

The top shareholders of Gita Renewable are Kanishk Steel Industries Limited with 19.0%, followed by Chennai Material Recycling And Trading Co Pvt Ltd at 8.44%, and individual investors who collectively own 18.73%. There are no mutual funds or foreign institutional investors holding shares in the company.

The top shareholders of Gita Renewable include Kanishk Steel Industries Limited, which holds the largest stake at 19.0%. Following that, the highest public shareholder is Chennai Material Recycling And Trading Co Pvt Ltd, with a holding of 8.44%. Additionally, individual investors collectively own 18.73% of the company. There are no mutual funds or foreign institutional investors currently holding shares in Gita Renewable.

How big is Gita Renewable?

As of 24th July, Gita Renewable Energy Ltd has a market capitalization of 48.00 Cr, classifying it as a Micro Cap company, with Net Sales of 0.05 Cr and a Net Profit loss of 0.39 Cr over the latest four quarters. As of March 2024, Shareholder's Funds were 13.51 Cr and Total Assets were 14.11 Cr.

As of 24th July, Gita Renewable Energy Ltd has a market capitalization of 48.00 Cr, which classifies it as a Micro Cap company.<BR><BR>In the latest four quarters, Gita Renewable reported Net Sales of 0.05 Cr. However, the company experienced a Net Profit loss of 0.39 Cr during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024, where Shareholder's Funds amounted to 13.51 Cr and Total Assets were recorded at 14.11 Cr.

How has been the historical performance of Gita Renewable?

Gita Renewable has faced significant financial challenges, with net sales declining from 0.24 Cr in Mar'22 to 0.06 Cr in Mar'25, and total operating income dropping from 8.87 Cr in Mar'23 to 0.06 Cr in Mar'25, resulting in negative operating profit and a decrease in total assets. Overall, the company has shown a downward trend in revenue and profitability over the past few years.

Answer:<BR>The historical performance of Gita Renewable shows significant fluctuations over the years, particularly in revenue and profitability.<BR><BR>Breakdown:<BR>Gita Renewable's net sales have declined from 0.24 Cr in Mar'22 to just 0.06 Cr in Mar'25, reflecting a downward trend. Other operating income peaked at 8.66 Cr in Mar'23 but has since dropped to zero in Mar'25. Consequently, total operating income fell sharply from 8.87 Cr in Mar'23 to 0.06 Cr in Mar'25. The company's total expenditure, excluding depreciation, also decreased from 1.01 Cr in Mar'23 to 0.56 Cr in Mar'25. Operating profit, which was 7.86 Cr in Mar'23, turned negative at -0.39 Cr by Mar'25. This negative trend continued into profit before tax, which went from 7.86 Cr in Mar'23 to -0.40 Cr in Mar'25, and profit after tax also dropped from 7.86 Cr to -0.39 Cr in the same period. The company's total assets decreased from 43.07 Cr in Mar'22 to 13.62 Cr in Mar'25, while total liabilities also fell from 43.07 Cr to 13.62 Cr during the same timeframe. Cash flow from operating activities was positive at 15.00 Cr in Mar'23 but dropped to zero in Mar'25, indicating a significant decline in operational efficiency. Overall, Gita Renewable has experienced a challenging financial trajectory with declining revenues and profitability over the past few years.

When is the next results date for Gita Renewable Energy Ltd?

The next results date for Gita Renewable Energy Ltd is 10 February 2026.

The next results date for Gita Renewable Energy Ltd is scheduled for 10 February 2026.

Why is Gita Renewable Energy Ltd falling/rising?

As of 16-Mar, Gita Renewable Energy Ltd's stock price is falling to 93.32, down 9.99% after a trend reversal. Despite recent gains, the stock's year-to-date and one-year performances indicate ongoing challenges, contributing to the current decline.

As of 16-Mar, Gita Renewable Energy Ltd's stock price is falling, currently at 93.32, reflecting a change of -10.36 (-9.99%). This decline follows a trend reversal after four consecutive days of gains, indicating a shift in market sentiment. The stock has underperformed its sector by -10.28% today, contributing to the downward movement. <BR><BR>Intraday, the stock experienced significant volatility, trading within a wide range of Rs 20.12, with a day's high of Rs 113.44 and a low of Rs 93.32. The weighted average price indicates that more volume was traded closer to the low price, suggesting that selling pressure was prevalent. Additionally, despite a rise in investor participation with a delivery volume increase of 110.34% against the 5-day average, the overall performance has not been strong enough to counteract the current decline.<BR><BR>In the broader context, while the stock has shown positive returns over the past week (+50.30%) and month (+20.68%), its year-to-date performance (+3.64%) and one-year performance (-23.16%) indicate underlying challenges. The stock remains higher than its 5-day, 20-day, 50-day, and 100-day moving averages but is lower than the 200-day moving average, which may reflect a longer-term bearish trend. Overall, these factors contribute to the current falling price of Gita Renewable Energy Ltd.

Which are the latest news on Gita Renewable?