IRM Energy

Why is IRM Energy Ltd falling/rising?

As of 10-Jun, IRM Energy Ltd's stock price is declining, currently at 253.45, reflecting a 1.63% decrease. Despite recent positive financial results, the stock has significantly underperformed the market and shows poor long-term growth prospects.

As of 10-Jun, IRM Energy Ltd's stock price is falling, currently at 253.45, which reflects a decrease of 4.2 points or 1.63%. The stock has been on a downward trend, having underperformed its sector by 2.07% today and experiencing a consecutive fall over the last three days, resulting in a total decline of 3.54% during this period. Additionally, the stock touched an intraday low of Rs 250.2, indicating significant selling pressure.<BR><BR>Over the past week, the stock has declined by 3.41%, while its performance over the last month shows a substantial drop of 19.40%. Year-to-date, the stock is down 10.74%, and over the past year, it has fallen by 18.91%, significantly underperforming the broader market, which has seen a decline of only 10.21%. <BR><BR>The company has reported positive financial results in recent quarters, including a notable growth in profit after tax of 84.54% over the last six months. However, despite these positive indicators, the stock's long-term growth prospects appear poor, with an annual operating profit decline of 9.44% over the last five years. Furthermore, there has been a decrease in institutional investor participation, with a reduction in their stake by 1.36% in the previous quarter, which may contribute to negative sentiment around the stock.<BR><BR>Overall, the combination of recent price declines, underperformance relative to the market, and concerns regarding long-term growth prospects are contributing to the falling stock price of IRM Energy Ltd.

What does IRM Energy do?

IRM Energy Ltd is a micro-cap company in the gas industry, incorporated in 2015 and converted to a public company in 2022, with recent quarterly net sales of 280 Cr and a net profit of 13 Cr. Key metrics include a P/E ratio of 19.00 and a market cap of INR 1,050 Cr.

Overview:<BR>IRM Energy Ltd operates in the gas industry and is categorized as a micro-cap company.<BR><BR>History:<BR>IRM Energy Limited was incorporated in 2015 as a Private Limited Company and later converted to a Public Company in March 2022. The most recent quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 280 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 13 Cr (Quarterly Results - Mar 2026) <BR>Market-cap: INR 1,050 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 19.00 <BR>Industry P/E: 21 <BR>Dividend Yield: 0.58% <BR>Debt Equity: -0.20 <BR>Return on Equity: 5.34% <BR>Price to Book: 1.06 <BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

Which are the latest news on IRM Energy?

Should I buy, sell or hold IRM Energy Ltd?

Are IRM Energy Ltd latest results good or bad?

IRM Energy Ltd's latest results show strong revenue growth with net sales of ₹279.67 crores, but profitability is a concern due to an 8.73% decline in net profit and contracting operating margins. Overall, while revenue growth is positive, challenges in maintaining profitability may raise concerns for investors.

IRM Energy Ltd's latest results present a mixed picture. On one hand, the company reported net sales of ₹279.67 crores for Q4 FY26, which reflects a solid quarter-on-quarter growth of 5.52% and a year-on-year increase of 4.41%. This marks the highest quarterly revenue in the company's recent history.<BR><BR>However, the profitability metrics tell a different story. The net profit for the quarter was ₹12.76 crores, which is an 8.73% decline compared to the previous quarter, although it shows a remarkable year-on-year increase of 190.66%. Operating margins also contracted, falling to 10.74% from 11.18% in the preceding quarter, indicating that while revenue is growing, the company is facing challenges in maintaining its profitability.<BR><BR>The full-year performance for FY26 shows total revenues of ₹1,066.66 crores and a consolidated profit of ₹53.22 crores, which is an improvement from the previous year. However, the operating margin averaged just 10.52%, reflecting volatility and concerns about operational efficiency.<BR><BR>Overall, while the revenue growth is a positive sign, the decline in net profit and operating margins raises questions about the company's operational challenges and competitive positioning in the gas distribution sector. Investors may need to weigh these factors carefully when assessing the company's performance.

When is the next results date for IRM Energy Ltd?

The next results date for IRM Energy Ltd is February 3, 2026.

The next results date for IRM Energy Ltd is scheduled for February 3, 2026.

Is IRM Energy technically bullish or bearish?

As of December 3, 2025, the market trend is neutral with mixed signals, showing a shift from mildly bearish to sideways, as daily moving averages suggest weak bullishness while weekly indicators indicate bearish momentum.

As of 3 December 2025, the technical trend has changed from mildly bearish to sideways. The current stance is neutral, with weak bullish signals primarily from the daily moving averages, which are mildly bullish. However, the weekly MACD and RSI indicate bearish momentum, and the Bollinger Bands and KST are also mildly bearish on the weekly timeframe. The Dow Theory confirms a mildly bearish outlook as well. Overall, the mixed signals suggest a lack of strong directional movement, reinforcing the sideways trend.

How has been the historical performance of IRM Energy?

IRM Energy's historical performance shows fluctuating financial metrics, with net sales rising from 507.15 Cr in Mar'22 to 975.48 Cr in Mar'25, but operating profit and profit after tax declining significantly during the same period. Total assets increased, while cash flow from operating activities decreased, culminating in a net cash outflow of 221.00 Cr in Mar'25.

Answer:<BR>The historical performance of IRM Energy shows a fluctuating trend in key financial metrics over the past four years.<BR><BR>Breakdown:<BR>IRM Energy's net sales increased from 507.15 Cr in Mar'22 to 975.48 Cr in Mar'25, with a peak of 980.09 Cr in Mar'23. Total operating income followed a similar pattern, reaching 975.48 Cr in Mar'25. However, total expenditure also rose significantly, from 320.72 Cr in Mar'22 to 879.16 Cr in Mar'25. Operating profit (PBDIT) decreased from 186.43 Cr in Mar'22 to 130.72 Cr in Mar'25, reflecting a decline in operating profit margin from 36.76% to 9.87%. Profit before tax showed volatility, peaking at 152.36 Cr in Mar'22 before dropping to 73.81 Cr in Mar'25. Consequently, profit after tax also declined from 113.56 Cr in Mar'22 to 47.04 Cr in Mar'25, with the PAT margin decreasing from 22.39% to 4.82%. On the balance sheet, total assets grew from 554.80 Cr in Mar'22 to 1,269.75 Cr in Mar'25, while total liabilities increased from 554.80 Cr to 1,269.75 Cr in the same period. Cash flow from operating activities decreased from 128.00 Cr in Mar'22 to 93.00 Cr in Mar'25, and the company experienced a net cash outflow of 221.00 Cr in Mar'25, down from a net inflow of 209.00 Cr in Mar'24.

How big is IRM Energy?

As of 24th July, IRM Energy Ltd has a market capitalization of 1,248.00 Cr, with recent net sales of 975.48 Cr and a net profit of 45.20 Cr over the last four quarters.

As of 24th July, <BR><BR>Market Cap: IRM Energy Ltd has a market capitalization of 1,248.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 975.48 Cr, while the sum of Net Profit for the same period is 45.20 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 931.76 Cr and Total Assets totaling 1,296.62 Cr.

Who are the top shareholders of the IRM Energy?

The top shareholders of IRM Energy include Cadila Pharmaceuticals Limited with 36.48%, Enertech Distribution Management Private Limited at 21.12%, and individual investors holding 15.64%. Additionally, mutual funds account for 3.83% and foreign institutional investors hold 1.68%.

The top shareholders of IRM Energy include Cadila Pharmaceuticals Limited, which holds the highest promoter stake at 36.48%. Other significant shareholders are Enertech Distribution Management Private Limited, with a 21.12% holding, and individual investors who collectively own 15.64%. Additionally, there are mutual funds involved, represented by three schemes that account for 3.83% of the holdings, and ten foreign institutional investors (FIIs) that hold 1.68%.

Is IRM Energy overvalued or undervalued?

As of May 16, 2025, IRM Energy is considered very expensive with a PE ratio of 27.16 and has underperformed the Sensex, indicating it is overvalued compared to peers like GAIL and Adani Total Gas.

As of 16 May 2025, IRM Energy's valuation grade has moved from attractive to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued based on its key financial ratios, including a PE ratio of 27.16, an EV to EBITDA of 10.15, and a Price to Book Value of 1.29. These figures suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to its peers, IRM Energy's valuation stands out unfavorably. For instance, GAIL (India) Ltd. is rated very attractive with a PE ratio of 11.9, while Adani Total Gas Ltd. is also classified as very expensive with a staggering PE of 114.25. This disparity highlights that IRM Energy's valuation is not justified when compared to its industry counterparts. Furthermore, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -12.21% compared to the Sensex's 5.54%, reinforcing the notion that IRM Energy is currently overvalued.

Who are in the management team of IRM Energy?

As of March 2023, the management team of IRM Energy includes M S Sahu (Chairman), Rajiv I Modi, Amitabha Banerjee, Badri Narayan Mahapatra, and several independent directors, with varying remuneration levels, including some who receive no compensation. The team consists of both executive and non-executive members, along with a compliance officer.

As of March 2023, the management team of IRM Energy includes the following individuals:<BR><BR>1. M S Sahu - Chairman (Non-Executive), Remuneration: Rs. 1.64 crore<BR>2. Rajiv I Modi - Non-Executive Director, Remuneration: Rs. 0<BR>3. Amitabha Banerjee - Non-Executive Director, Remuneration: Rs. 80,000<BR>4. Badri Narayan Mahapatra - Non-Executive Director, Remuneration: Rs. 5.6 lakhs<BR>5. C K Gopal - Independent Director, Remuneration: Rs. 0<BR>6. A M Tiwari - Independent Director, Remuneration: Rs. 0<BR>7. Geeta Goradia - Independent Director, Remuneration: Rs. 0<BR>8. R N Nayak - Independent Director, Remuneration: Rs. 0<BR>9. Shikha Jain - Company Secretary & Compliance Officer, Remuneration: Rs. 0<BR><BR>This team comprises a mix of executive and non-executive directors, along with independent directors and a compliance officer.

Has IRM Energy declared dividend?

Yes, IRM Energy Ltd has declared a 15% dividend, amounting to 1.5 per share, with an ex-date of July 12, 2024. However, the company has experienced significant price declines, resulting in negative total returns over the past year and other periods.

IRM Energy Ltd has declared a 15% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 15%<BR>- Amount per share: 1.5<BR>- Ex-date: 12 Jul 24<BR><BR>Dividend Yield: 0.5%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -22.85%, the dividend return was 0%, resulting in a total return of -22.85%.<BR><BR>Over the past year, the price return was -33.92%, the dividend return was 0.32%, leading to a total return of -33.6%.<BR><BR>For the 2-year period, there was no price return or dividend return, resulting in a total return of 0.0%.<BR><BR>In the 3-year period, the price return and dividend return were both 0%, leading to a total return of 0.0%.<BR><BR>For the 4-year period, there were no returns, with both price and dividend returns at 0%, resulting in a total return of 0.0%.<BR><BR>In the 5-year period, there were again no returns, with both price and dividend returns at 0%, resulting in a total return of 0.0%.<BR><BR>Overall, while IRM Energy has declared a dividend, the total returns over various periods indicate significant declines in price, particularly in the last year, suggesting challenges in the company's performance despite the dividend declaration.

Who are the peers of the IRM Energy?

IRM Energy's peers include GAIL (India), Adani Total Gas, Petronet LNG, Gujarat Gas, Indraprastha Gas, Aegis Logistics, Guj.St.Petronet, Mahanagar Gas, and Confidence Petro. Management risk varies from excellent to average among peers, with Aegis Logistics showing the highest growth and IRM Energy having a 1-year return of -40.11%.

Peers: The peers of IRM Energy are GAIL (India), Adani Total Gas, Petronet LNG, Gujarat Gas, Indraprastha Gas, Aegis Logistics, Guj.St.Petronet, Mahanagar Gas, Confidence Petro.<BR><BR>Quality Snapshot: Excellent management risk is observed at Petronet LNG and Gujarat Gas, while Good management risk is found at GAIL (India), Indraprastha Gas, Aegis Logistics, Guj.St.Petronet, Mahanagar Gas, and the rest. Average management risk is present at Confidence Petro and IRM Energy. Growth is rated as Excellent for Aegis Logistics, while Good growth is noted for GAIL (India) and the rest have Below Average growth. Capital Structure is Excellent for GAIL (India), Adani Total Gas, Petronet LNG, Gujarat Gas, Indraprastha Gas, Aegis Logistics, Guj.St.Petronet, and Mahanagar Gas, while IRM Energy and Confidence Petro have Good capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Aegis Logistics at 9.36%, while Adani Total Gas has the lowest at -39.01%. IRM Energy's 1-year return is -40.11%, which is lower than all peers except Adani Total Gas. Additionally, the six-month return is negative for Adani Total Gas, Petronet LNG, Gujarat Gas, Guj.St.Petronet, Confidence Petro, and IRM Energy.