As of 6 Nov 2026, INFRAX RENEWABLE trades at 21.1× trailing earnings, below the industry P/E of 33.8×, and the shares are 20% below their 52-week high. Its ROCE of 78% is the highest among the 7 largest Specialty Industrial Machinery peers. It is listed on an SME platform with a market cap of ₹215 Cr, ranked 94th of 138 Specialty Industrial Machinery companies by market cap; the shares rose 43% over the past year.
- ₹146.00
- ₹151.20
- ₹138.00
- ₹144.00
- 88.8K
Health check
- ReturnsAhead
+43.3% over a year, better than 6 of 7 peers.
- Price tagCheaper
P/E 21.1 vs industry 33.8.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityStrong
ROCE 77.6% vs peer median 24.8%.
- Balance sheetFair
Piotroski 4 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹215 Cr
- Small cap
- P/E
- 21.1
- Industry 33.8
- Price to book
- 9.59
- Peers 9.16
- Dividend yield
- 0.00%
- ROE
- 115.5%
- Peers 19.1%
- ROCE
- 77.6%
- Peers 24.8%
- Debt to equity
- n/a
- EPS (TTM)
- ₹7.17
- OPM (TTM)
- 15.5%
- Net margin 10.9%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 2.31
Strengths and risks
Strengths
- Return on equity of 115.5%.
- Return on capital employed of 77.6%.
- P/E of 21.1 against an industry P/E of 33.8.
About INFRAX RENEWABLE
Infrax Renewable Limited provides solar energy EPC services. It offers ground mounted project and and industrial solar solutions, as well as rooftop solar installation services. The company also develops, finances, and operates utility-grade solar projects. In addition, it sells solar photovoltaic (PV) modules, solar PV inverters, alternating current and direct current distribution boxes, galvanized iron pipes and structural sections, solar cables and…
- Headquarters
- Rajkot
- Employees
- 52
- Sector
- Industrials
- ISIN
- INE1YC401018
- Website
- infraxrenewable.com
Price range
- Avg volume (3M)
- 1.9 L
- 1-year return
- plus 43.3%
- From 52-week high
- minus 19.6%
Peers · Specialty Industrial Machinery
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BHELBharat Heavy Electricals | 418.80 | plus 0.17% | 1,45,829 | 50.6 | 74.6 | 6.6% | 10.1% | 0.22 | 13.5% | plus 56.4% |
| ABBABB India | 6,774.00 | plus 2.20% | 1,43,547 | 92.3 | 68.2 | 28.5% | 13.8% | 0.02 | 15.4% | plus 26.4% |
| SIEMENSSiemens | 3,560.00 | plus 3.73% | 1,26,779 | 86.1 | 59.3 | 16.5% | 10.4% | 0.02 | 3.0% | plus 10.0% |
| CUMMINSINDCummins India | 4,048.80 | minus 0.25% | 1,12,233 | 49.8 | 41.7 | 35.0% | 19.1% | 0.00 | 16.1% | minus 6.0% |
| GVT&DGE Vernova T&D India | 4,018.00 | minus 3.06% | 1,02,879 | 71.3 | 56.6 | 58.5% | 26.5% | 0.01 | 31.1% | plus 31.7% |
| SUZLONSuzlon Energy | 38.80 | plus 0.54% | 53,337 | 23.7 | 17.3 | 24.8% | 16.7% | 0.07 | 41.4% | minus 35.7% |
| AIAENGAIA Engineering | 3,113.60 | minus 2.77% | 29,056 | 23.5 | 19.6 | 19.9% | 27.4% | 0.00 | −3.4% | minus 3.9% |
| INFRAXINFRAX RENEWABLE | 151.20 | plus 5.00% | 215 | 21.1 | 15.1 | 77.6% | 15.5% | – | – | plus 43.3% |
| Median of 7 peers | – | 0.17% | 1,12,233 | 50.6 | 56.6 | 24.8% | 16.7% | 0.02 | 15.4% | 10.0% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- ROE
- 115.5%
| ₹ Cr | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| 9.7 | 30.5 | 93.2 | |
| – | +215.7% | +205.9% | |
| 7.9 | 26 | 78.6 | |
| 1.8 | 4.5 | 14.7 | |
| 18.2% | 14.8% | 15.7% | |
| −0 | −0.1 | 0 | |
| 0.2 | 0.1 | 0.7 | |
| 0 | 0 | 0.1 | |
| – | – | −0.1 | |
| 1.5 | 4.3 | 13.8 | |
| 36.8% | 33.3% | 26.0% | |
| 1 | 2.9 | 10.2 | |
| – | +197.8% | +257.7% |
Forecast
Balance sheet
| ₹ Cr | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| 1.4 | 1 | 1.3 | |
| 0 | 0.9 | 14.5 | |
| – | 3 | 7 | |
| 3 | 3.3 | 8.8 | |
| 4.4 | 8.2 | 31.5 | |
| 0 | 0.2 | 4.8 | |
| – | 0 | – | |
| – | 0 | 0.1 | |
| 0.7 | 1.2 | 0.9 | |
| 3.7 | 6.8 | 25.8 | |
| 4.4 | 8.2 | 31.5 |
Cash flow
| ₹ Cr | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| 1.7 | 0.2 | −2.7 | |
| −0.2 | −0.3 | −4.7 | |
| −1 | 0.5 | 7.1 | |
| 0.4 | 0.4 | −0.3 | |
| −0 | −0.2 | −4.8 | |
| 1.7 | 0.1 | −7.5 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.