Ravindra Energy
165.00
+0.31(+0.19%)
Market Cap₹2,946.15 Cr
PE Ratio42.92
Company Performance:
1D+0.19%
1M+11.14%
6M+44.32%
1Y+44.31%
5Y+90.99%
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More news about Ravindra Energy
21Sept 25
Ravindra Energy Targets 1 GW Renewable Capacity by 2028, Expands into EV Business
Ravindra Energy Limited (REL) has announced expansion plans for its renewable energy and electric vehicle businesses. In renewable energy, REL aims for a 1 GW operating portfolio by March 2028, currently having 158 MWp operational capacity. The company projects significant revenue growth, expecting Rs 801 crore revenue and Rs 128 crore EBITDA by FY27. In the EV sector, REL's subsidiary EIM has sold 125 e-tractors and plans a Rs 100 crore EV assembly plant in Pune. EIM targets sales of 1,000-1,500 e-tractors by FY27 and is developing battery technology and swap stations.
29Aug 25
Ravindra Energy's EIM Proposes ₹1,000 Crore Investment for Electric Truck Manufacturing in Maharashtra
Energy In Motion Private Limited (EIM), an associate of Ravindra Energy Limited, plans to sign an MoU with the Maharashtra government for a ₹1,000 crore electric truck and battery project in Pune. The venture includes manufacturing electric trucks, assembling batteries, and establishing a battery R&D centre. Ravindra Energy's board has also approved raising up to ₹500 crore through various means and plans to restructure its capital.
29Aug 25
Ravindra Energy Board Approves ₹500 Crore Fundraising Plan
Ravindra Energy's board has approved a plan to raise up to ₹500 crores through equity shares and convertible securities. This significant fundraising effort aims to strengthen the company's financial position and potentially support growth initiatives, debt reduction, working capital needs, or technology investments. The move signals a strong commitment to the company's future, although specific use of funds has not been disclosed.
09Aug 25
Bayer CropScience Reports Robust Q1 Performance with 17.4% Revenue Growth
Bayer CropScience Limited announced robust Q1 financial results, with total income from operations reaching ₹1,914.60 crores, a 17.4% year-on-year increase. Net profit after tax grew by 9.6% to ₹278.70 crores. The company's earnings per share stood at ₹62.01. These results reflect Bayer CropScience's strong market position and operational efficiency in India's agrochemical and biotechnology sector.
06Aug 25
Ravindra Energy Reports Minor Fund Allocation Changes in Rs 180 Crore Preferential Issue
Ravindra Energy Limited (REL) disclosed slight modifications in the allocation of funds raised through its Rs 180 crore preferential issue. The company has utilized Rs 169.98 crore out of the total funds. Renewable Energy segment saw an increase in allocation to Rs 93.48 crore, while the Electric Vehicle segment's allocation was reduced to Rs 56.52 crore. General Corporate Purposes remained at Rs 30 crore. These modifications fall within the 10% deviation limit pre-approved by shareholders. India Ratings and Research Private Limited has been appointed as the monitoring agency for fund utilization.
06Aug 25
Ravindra Energy Reports Robust Q1 Performance with 615% Surge in Net Profit
Ravindra Energy Limited reported a consolidated net profit of ₹228.00 million for Q1, up 307% year-over-year. Revenue increased by 615% to ₹1.63 billion. EBITDA grew to ₹279.00 million, but the EBITDA margin compressed to 17.14%. The sugar segment was the primary revenue driver. The company completed a preferential issue of equity shares, raising ₹1,800.00 million, and implemented an Employee Stock Option Scheme.
01Aug 25
Ravindra Energy's Associate Achieves Milestone with India's First Battery-Swappable 55-Ton Electric Tractor
Ravindra Energy Limited's associate, Energy in Motion Private Limited (EIM), has obtained CMVR Type Approval Certificate from ARAI for 'Ashwa', India's first 55-ton battery-swappable electric tractor. EIM completed its first commercial sale, marking its market entry. The Ashwa tractor complies with CMVR norms and offers a unique business model where tractors are sold without battery packs, while battery packs, charging infrastructure, and energy supply are provided through long-term contracts. This innovation aims to make electric heavy-duty vehicles more accessible and economically viable for transporters.
12Jun 25
Ravindra Energy Divests 79% Stake in Hirehalli Solar Power Project LLP for ₹10.25 Crore
Ravindra Energy Limited has divested its entire 79% stake in Hirehalli Solar Power Project LLP for ₹10.25 crore. This transaction results in Hirehalli Solar Power Project LLP no longer being a subsidiary of Ravindra Energy. The divestment marks a significant change in Ravindra Energy's portfolio and may indicate a strategic shift in the company's investment focus within the renewable energy sector.
27May 25
Ravindra Energy Reports Profit Surge and EV Venture in Q4
Ravindra Energy Ltd achieved a significant financial turnaround in Q4, posting a consolidated net profit of ₹129.00 crore compared to a loss of ₹634.00 crore in the previous year. Revenue surged to ₹1,600.00 crore from ₹301.00 crore year-over-year. The company's associate, Energy in Motion, has partnered with Beiqi Foton Motor Co. Ltd to launch electric heavy commercial vehicles in India, marking a strategic entry into the EV sector.
22Apr 25
Ravindra Energy's UAE Subsidiary Receives Final Closure Order
Ravindra Energy Limited's wholly-owned subsidiary, Renuka Energy Resource Holdings FZE (RERH) in UAE's Sharjah Airport International Free Zone, has been issued a final closure order by local authorities. The company disclosed this information in compliance with SEBI regulations, following up on an earlier announcement made on March 28, 2025. While specific reasons for closure weren't provided, this development could signal a shift in Ravindra Energy's international operations and may have financial implications for the parent company.
Ravindra Energy
165.00
+0.31
(+0.19%)
1 Year Returns:+44.31%
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