As of 6 Nov 2026, SRM Energy trades at 7.2× trailing earnings, below the industry P/E of 10.8×, and the shares are 15% below their 52-week high. Its net worth is negative, as liabilities exceed assets, and borrowings are ₹3.57 Cr. It is a small-cap company with a market cap of ₹28 Cr, ranked 10th of 11 Utilities (Regulated Electric) companies by market cap; the shares rose 25% over the past year.
- ₹32.09
- ₹32.09
- ₹29.31
- ₹30.85
- 8.7K
Health check
- ReturnsAhead
+24.8% over a year, better than 7 of 7 peers.
- Price tagNegative equity
Book value is below zero, so P/E and P/B mislead here.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityDistorted
With negative net worth, return ratios are meaningless.
- Balance sheetStretched
Negative net worth: liabilities exceed assets.
- Red flags1 to check
Negative net worth: liabilities exceed assets.
Small cap
Defensive
Key metrics
- Market cap
- ₹28 Cr
- Small cap
- P/E
- 7.2
- Industry 10.8
- Price to book
- −7.42
- Peers 1.41
- Dividend yield
- 0.00%
- ROE
- n/a
- Peers 12.2%
- ROCE
- n/a
- Peers 9.3%
- Debt to equity
- n/a
- Debt ₹3.57 Cr
- EPS (TTM)
- ₹4.32
- OPM (TTM)
- 98.1%
- Net margin 69.1%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 4.80
Strengths and risks
Strengths
- Net margin of 69.1%.
- P/E of 7.2 against an industry P/E of 10.8.
Risks to check
- Negative net worth: liabilities exceed assets.
About SRM Energy
SRM Energy Limited does not have significant operations. Previously, the company was engaged in generation of power in India. The company was formerly known as Hitkari Fibres Limited and changed its name to SRM Energy Limited in January 2009. SRM Energy Limited was incorporated in 1985 and is based in New Delhi, India. SRM Energy Limited was previously a subsidiary of Spice Energy Private Limited.
- Headquarters
- New Delhi
- Employees
- 2
- Sector
- Utilities
- ISIN
- INE173J01018
- Website
- srmenergy.in
Price range
- Avg volume (3M)
- 11K
- 1-year return
- plus 24.8%
- From 52-week high
- minus 14.8%
Peers · Utilities - Regulated Electric
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| NTPCNTPC | 323.45 | plus 2.13% | 3,13,639 | 10.6 | 9.6 | 8.9% | 30.8% | 1.26 | 1.9% | minus 4.2% |
| POWERGRIDPower Grid Corporation of India | 259.90 | minus 0.48% | 2,41,723 | 14.9 | 10.1 | 11.2% | 82.3% | 1.46 | 0.6% | minus 6.4% |
| NLCINDIANLC India | 237.61 | minus 1.60% | 32,948 | 8.3 | 10.1 | 9.3% | 31.4% | 1.04 | 2.7% | minus 7.9% |
| CESCCESC | 126.25 | minus 3.07% | 16,735 | 10.8 | 8.4 | 10.0% | 23.0% | 1.71 | 9.2% | minus 28.5% |
| GIPCLGujarat Industries Power Company | 164.37 | minus 5.85% | 2,551 | 5.1 | 10.7 | 4.4% | 41.2% | 0.94 | 3.2% | minus 2.2% |
| BAJELBajel Projects | 163.49 | minus 2.83% | 1,892 | 86.0 | 20.5 | 11.7% | 3.7% | 0.49 | 67.5% | minus 9.2% |
| DPSCLTDDPSC | 6.45 | minus 0.46% | 628 | 80.6 | 136.0 | 2.8% | 0.5% | 0.14 | 3.7% | minus 44.8% |
| SRMENERGYSRM Energy | 31.00 | plus 0.49% | 28 | 7.2 | – | – | 98.1% | – | – | plus 24.8% |
| Median of 7 peers | – | −1.60% | 16,735 | 10.8 | 10.1 | 9.3% | 30.8% | 1.04 | 3.2% | −7.9% |
Quarterly results
| ₹ Cr | Mar 25 | Jun 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| −0.1 | −1.4 | −0.1 | −0.1 | −0.1 | |
| 0 | 0 | 0 | 2.2 | 3.6 | |
| 0 | – | – | – | – | |
| −0.1 | −1.4 | −0.1 | 2.1 | 3.5 | |
| – | – | – | 4.1% | – | |
| −0.1 | −1.4 | −0.1 | 2.1 | 3.5 | |
| -0.10 | -1.54 | -0.11 | 2.27 | 3.87 |
Profit & loss
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −1.5 | −0.7 | −0.4 | −0.4 | |
| 0 | 0 | 0 | 2.2 | |
| 0 | – | 0 | – | |
| 0 | 0 | 0 | – | |
| −0.8 | −0.1 | – | −1.3 | |
| −2.3 | −0.8 | −0.4 | 0.5 | |
| – | −1.5% | – | – | |
| −2.3 | −0.8 | −0.4 | 0.5 | |
| -2.51 | -0.87 | -0.41 | 0.35 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 9.1 | 9.1 | 9.1 | 9.1 | |
| −54.3 | −55.1 | −13.2 | −12.8 | |
| 46.5 | 46 | 5.2 | 3.6 | |
| 0.1 | 0.1 | 0.3 | 0.2 | |
| 1.2 | 0 | 1.3 | 0 | |
| 0 | 0 | – | – | |
| 1 | 0 | 0 | 0 | |
| 0.3 | 0 | 1.3 | 0 | |
| 1.2 | 0 | 1.3 | 0 |
Cash flow
| ₹ Cr | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| – | −0.9 | −0.7 | −0.2 | 1.6 | |
| −0.7 | 0.8 | 1.1 | 0 | – | |
| – | −0.1 | −0.4 | 0.2 | −1.6 | |
| – | −0.2 | −0 | −0 | 0 | |
| −0 | −0 | – | – | – | |
| – | −0.9 | −0.7 | −0.2 | 1.6 |
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.