Prabha Energy
181.03
-9.53(-5.00%)
Market Cap₹2,478.40 Cr
PE Ratio-6,318.33
IndustryOil & Gas
Company Performance:
1D-5.00%
1M+18.70%
6M-32.11%
1Y-14.18%
5Y-14.18%
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More news about Prabha Energy
05Nov 25
Prabha Energy Limited Kicks Off Commercial CBM Gas Production at North Karanpura Block
Prabha Energy Limited (PEL) has started commercial production of Coal Bed Methane (CBM) gas from the North Karanpura CBM Block. The company is currently selling gas through cascades as an early monetization strategy while awaiting the completion of a gas evacuation pipeline. This move aligns with the Central Government's plan to increase CBM gas production and positions PEL to potentially capture a share of the growing market. Chairman Prem Singh Sawhney emphasized this as a significant step towards monetizing gas reserves and strengthening PEL's position in India's unconventional energy sector.
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04Nov 25
Prabha Energy Reports Q2 FY26 Results, Appoints New Independent Director
Prabha Energy Limited announced Q2 FY26 results with revenue from operations increasing 83% year-on-year to ₹177.28 crore. However, net loss widened to ₹18.78 crore from ₹6.85 crore in Q2 FY25. The company has begun commercial production of CBM Gas from North Karanpura CBM Block. Mrs. Shivangi Digant Shah has been appointed as Additional Non-Executive Independent Director for a 5-year term. Prabha Energy aims to capitalize on India's goal to increase natural gas share in its energy mix to 15% by 2030.
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22Jul 25
Prabha Energy Completes Distribution of Fractional Share Proceeds from Merger Scheme
Prabha Energy Limited has finalized the distribution of proceeds from fractional shares resulting from its recent composite scheme of arrangement. The scheme, effective from September 22, 2024, involved the amalgamation of Deep Energy Resources Limited and Savla Oil and Gas Private Limited. 11,358 eligible shareholders received proceeds from 6,024 fractional equity shares sold on May 16, 2025, at an average price of INR 196.11 per share. The net proceeds of INR 11,68,018.53 were distributed on July 16, 2025, after deducting expenses. The distribution process adhered to SEBI regulations and was certified by the company's Audit Committee and Independent Directors.
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Prabha Energy
181.03
-9.53
(-5.00%)
1 Year Returns:-14.18%
Industry Peers
Oil India
469.30
(-1.31%)
Prabha Energy
181.03
(-5.00%)