VEERENRGY share price, P/E, ROE & financials

On 6 Nov 2026, Veer Energy & Infrastructure was priced at ₹12.81, or 47.4× trailing earnings, against an industry P/E of 45.8×, and the shares are 22% below their 52-week high. Sales fell 11% a year over 3 years while net profit grew 54%; its ROCE of 0.4% is the lowest among the 7 largest Utilities (Renewable) peers, though net profit is above operating profit, which points to a one-off gain. It is a small-cap company with a market cap of ₹19 Cr, ranked 18th of 18 Utilities (Renewable) companies by market cap; the shares fell 22% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹12.77
Day high: ₹13.15
Day low: ₹12.50
Prev. close: ₹12.61
Volume: 7.1K

Health check

2 fair · 3 to check

ReturnsBehind
−22.4% over a year, better than 1 of 7 peers.
Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
GrowthSteady
Sales −10.9%, profit +54.1% a year over 3 years.
ProfitabilityWeak
ROCE 0.4% vs peer median 5.8%.
Balance sheetFair
Piotroski 4 of 9.
Red flags2 to check
Return on equity is low at 0.3%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Utilities - Renewable

17 listed peers. Screen the industry

Small cap

₹19 Cr, #18 of 18 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹6 Cr · profit ₹0 Cr

Market cap: ₹19 Cr; Small cap
P/E: 47.4; Industry 45.8
Price to book: 0.31; Peers 3.18
Dividend yield: 0.00%
ROE: 0.3%; Peers 7.3%
ROCE: 0.4%; Peers 5.8%
Debt to equity: n/a; Debt ₹0.00 Cr
EPS (TTM): ₹0.27
OPM (TTM): −41.3%; Net margin 7.0%
Sales growth: +168.3%; Latest quarter vs a year ago
Profit growth: +62.8%; Latest quarter vs a year ago
Price to sales: 3.40; EV/EBITDA −7.8

Strengths

Quarterly profit up 62.8% on a year ago.
Quarterly sales up 168.3% on a year ago.

Risks to check

Return on equity is low at 0.3%.
Net profit is above operating profit, so a one-off gain is likely flattering earnings.

Derived automatically from reported figures. Not a recommendation.

About Veer Energy & Infrastructure

Veer Energy & Infrastructure Limited develops, constructs, implements, and operates various projects in the renewable energy sector in India. The company offers off grid solar installations for power plants and rooftop solutions. It also creates infrastructure development facilities for the installation of wind turbine generator. In addition, the company offers comprehensive installation services, such as clean room equipment, panels, aluminum sliding…

Headquarters: Mumbai
Employees: 16
Sector: Utilities
ISIN: INE255E01030
Website: veerenergy.net

Price range

52 weeks

₹9.10₹16.38

Today

₹12.50₹13.15

Avg volume (3M): 12.2K
1-year return: minus 22.4%
From 52-week high: minus 21.8%

Peers · Utilities - Renewable

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
ADANIGREENAdani Green Energy	1,424.10	plus 0.65%	2,34,574	129.5	30.6	6.3%	90.8%	3.75	16.6%	plus 30.2%
ENRINSiemens Energy India	2,809.00	minus 1.75%	1,00,034	67.2	63.4	29.2%	21.5%	0.04	–	minus 11.9%
NHPCNHPC	82.08	plus 1.84%	82,450	19.1	23.7	5.8%	46.1%	1.13	2.0%	minus 4.2%
NTPCGREENNTPC Green Energy	82.63	minus 1.27%	69,627	107.3	40.5	2.9%	87.5%	1.92	156.2%	minus 16.9%
ACMESOLARACME Solar Holdings	394.95	minus 3.17%	27,883	34.2	24.8	7.0%	86.5%	3.30	16.0%	plus 49.0%
SJVNSJVN	57.15	minus 0.70%	22,459	22.7	16.4	5.0%	67.8%	2.25	14.6%	minus 34.1%
CLEANMAXClean Max Enviro Energy Solutions	1,259.70	minus 1.32%	14,815	81.4	21.8	4.9%	55.5%	2.32	27.1%	plus 47.1%
VEERENRGYVeer Energy & Infrastructure	12.81	plus 1.59%	19	47.4	–	0.4%	−41.3%	–	−10.9%	minus 22.4%
Median of 7 peers	–	−1.27%	69,627	67.2	24.8	5.8%	67.8%	2.25	16.3%	−4.2%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
0.7	2.5	0.5	0.8	1.7
0.8	2.7	0.7	2.9	1.6
−0.1	−0.2	−0.2	−2.1	0.1
−21.9%	−6.1%	−40.8%	−254.7%	8.4%
0.6	0.6	0.8	1.5	0.8
0	–	–	0	0.1
0.2	0.2	0.2	0.2	0.2
0.3	0.3	0.5	−0.8	0.7
–	52.1%	22.0%	24.6%	25.0%
0.3	0.1	0.4	−0.6	0.5
0.21	0.10	0.24	-0.41	0.34

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: −10.9%
Profit CAGR 3Y: +54.1%
EPS CAGR 3Y: +86.6%
ROE: 0.3%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
6.4	8.6	10.3	4.5
–	+34.1%	+19.8%	minus 55.9%
5.7	10.3	12.2	6.8
0.8	−1.7	−1.9	−2.3
11.8%	−19.5%	−18.4%	−50.5%
3	3.1	3	3.2
0.8	0.8	0.7	0.7
−3.2	−0.3	−0.2	–
−0.2	0.3	0.2	0.3
127.8%	−12.6%	26.0%	22.6%
0.1	0.3	0.2	0.2
–	+516.9%	minus 44.0%	+5.9%
0.02	0.21	0.12	0.13

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
15	15	15	15
48.7	49.1	49.2	48
2.3	5.7	8.1	7.6
66	69.7	72.4	70.5
7.2	5.8	12.1	12.5
–	–	7	7.9
0.2	0.2	2.4	3.1
1.5	3.6	0.2	1
57.1	60.2	50.8	46
66	69.7	72.4	70.5

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−1	−1.2	−4.6	−1.8
1.8	3.2	1.2	2.6
−0	−0	−0	−0
0.8	2.1	−3.4	0.9
−0.7	−0.4	−0	−0.2
−1.8	−1.5	−4.6	−2

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

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you