Gita Renewable

Why is Gita Renewable Energy Ltd falling/rising?

As of 10-Jun, Gita Renewable Energy Ltd's stock price is at 78.10, reflecting a decline of 5.55%. The stock is underperforming its sector and trading below its moving averages, indicating a bearish trend despite increased investor participation.

As of 10-Jun, Gita Renewable Energy Ltd's stock price is falling, currently at 78.10, which reflects a decrease of 4.59 (-5.55%). The stock has underperformed its sector by 3.98% today and has opened with a significant loss of 5.8%. This decline follows a trend reversal, as the stock had previously experienced three consecutive days of gains before today's drop.<BR><BR>Additionally, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. The stock also touched an intraday low of Rs 77.89, further emphasizing the downward movement. Although there has been a rise in investor participation, with a delivery volume increase of 54.52% against the 5-day average, this has not been enough to counteract the overall negative performance. Over the past week, month, and year, the stock has consistently underperformed compared to the Sensex, contributing to the current decline in its price.

Which are the latest news on Gita Renewable?

How big is Gita Renewable?

As of 10th June, Gita Renewable Energy Ltd has a market capitalization of 34.00 Cr, with reported Net Sales of 0.00 Cr and a Net Profit loss of 0.02 Cr in the latest four quarters. Shareholder's Funds are 13.12 Cr and Total Assets are 13.62 Cr as of March 2025.

As of 10th June, Gita Renewable Energy Ltd has a market capitalization of 34.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Gita Renewable reported Net Sales of 0.00 Cr and a Net Profit loss of 0.02 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 13.12 Cr and Total Assets of 13.62 Cr.

Who are in the management team of Gita Renewable?

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).

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>If you have any more questions about the company or its operations, feel free to ask!

What does Gita Renewable do?

Gita Renewable Energy Ltd, a micro-cap company incorporated in 2010, operates in the power industry and reported a net profit of 0 Cr for March 2026, with a market cap of INR 34 Cr. The company was formed through a court-sanctioned arrangement with Kanishk Steel Industries in 2013.

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. Following a court order on January 4, 2013, a Scheme of Arrangement was sanctioned, which vested the Power Division of Kanishk Steel Industries Limited with Gita Renewable Energy Ltd, effective February 28, 2013. The most recent quarterly results reported net profit for March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 34 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 2,311,905,459,019,463,680.00 <BR>Industry P/E: 25 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.01 <BR>Return on Equity: 0.00% <BR>Price to Book: 2.59 <BR><BR>Contact Details: <BR>Address: Survey No 180 & 181 OPG Nagar, Periya Obulapuram Village Gummidipoondi Tamil Nadu : 601201 <BR>Tel: 91-44-43487350 <BR>Email: investor@gitarenewable.com <BR>Website: http://www.gitarenewable.com

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

The next results date for Gita Renewable Energy Ltd is 29 May 2026.

The next results date for Gita Renewable Energy Ltd is scheduled for 29 May 2026.

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.

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.

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.

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.