ENERGYDEV · Energy Development Company Ltd · Electric Utilities
ENERGYDEV · Energy Development Company Ltd · Electric Utilities
As of 05 Nov close
52-week range
49.1% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹6 Cr
Revenue YoY
PAT YoY
-209.7%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
17.7
P/S (TTM)
1.7
Sector P/E
15.1
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| ENERGYDEV (this stock) | Not meaningful (earnings negative over the last 12 months) | 17.7 | -8.7% | -94.6% | 35.16 | 0.0% |
| Adani Power | 30.1 | 6 | +24.1% | +21.9% | 0.84 | 0.0% |
| Power Grid Corporation of India | 16.8 | 2.5 | +40.4% | +18.9% | 1.47 | +3.3% |
| Adani Green Energy | 136.3 | 10.4 | +13.2% | +8.9% | 5.08 | 0.0% |
Promoter
stable
FII
falling 1q
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- highpromoter legallivemint.com· 25 Oct 2026, 06:31 pmCBI files bank fraud case against IL&FS Energy Development over alleged ₹212 crore loss to Canara Bank: Details here
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedEnergy Development Company Limited (EDCL) reported on its FY2025-26 operations, emphasizing its focus on power generation, infrastructure development, and renewable energy. The company highlighted its experience in executing small hydro power projects, which provide a competitive advantage. EDCL noted challenges such as delays in obtaining environmental and forest clearances, land acquisition issues, and geological uncertainties in project execution. The report also mentioned the implementation of corporate governance practices, risk management policies, and internal control systems to ensure compliance and operational efficiency. The company did not declare any dividends for the year due to losses incurred.
- EDCL's core business involves power generation, infrastructure development, and renewable energy projects, with a focus on small hydro power projects.
- The company faces challenges including delays in project clearances, land acquisition difficulties, and geological uncertainties affecting project timelines and costs.
- EDCL has implemented robust corporate governance, risk management policies, and internal control systems to ensure compliance and operational efficiency.
- The company did not declare dividends for FY2025-26 due to financial losses during the period.
Key takeaway: Energy Development Company Limited faces operational challenges such as regulatory delays, land acquisition issues, and geological risks in its hydro power projects, despite its focus on corporate governance and risk management practices.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (3 items); Regulatory Action (1 item); Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
3 occurrencesRecent (last 12 months)
The auditor mentions that they have obtained all necessary information except for the effects of the matters described in the Basis for Adverse Opinion section.
Earlier (1-3 years ago)
M/s. ALPS & Co. issued an adverse opinion in their May 28, 2025 report on the Company's standalone and consolidated financial statements for the year ended March 31, 2025, regarding loans granted to wholly owned subsidiaries.
The auditor, M/s. ALPS & Co., issued an adverse opinion on the company's standalone and consolidated financial statements for the year ended March 31, 2024.
Regulatory Action
1 occurrenceRecent (last 12 months)
The company was fined for delayed submission of quarterly un-audited financial results for the quarters ended September 30, 2023, and June 30, 2024.
Default / Covenant Breach
1 occurrenceRecent (last 12 months)
The company has unpaid statutory dues under the Income Tax Act for March 2014, 2015, and 2023, with due dates in April of each year and no payment date recorded.
Routine disclosures
Internal Control Weakness
3 occurrencesRecent (last 12 months)
The company has material weaknesses in its internal financial controls, including inadequate systems for loan granting, inter-corporate deposits, and reconciliation of balances.
Earlier (1-3 years ago)
The company's internal financial controls with reference to the standalone financial statements as of 31st March, 2024 have material weaknesses identified by the auditors.
The company has material weaknesses in its internal financial controls related to granting loans to subsidiaries and associates, and managing trade and other receivables, including lack of segregation of duties and verification of counterparty credentials.
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has contingent liabilities including demands from income tax authorities for AY 2011-2021 and service tax matters under dispute, with pending litigation and potential future cash outflows dependent on legal outcomes.
Earlier (1-3 years ago)
The company has contingent liabilities related to income tax and service tax demands from AY 2011-2012 to AY 2020-2021, with pending litigation and unresolved tax matters.
Energy Development Company Limited has contingent liabilities related to pending litigation with income tax and service tax authorities, and corporate guarantees given to IREDA for a subsidiary's term loan.
Related-Party Transaction
1 occurrenceEarlier (1-3 years ago)
The company took approval of Material Related Party Transactions at its Annual General Meeting on September 30, 2021.
Statutory dues in dispute
2 occurrencesEarlier (1-3 years ago)
The company has unpaid income tax dues of 20,925.84 lakhs for FY 2010-2011 to FY 2019-2020, with disputes pending before the CIT (Appeals), and service tax dues of 15.41 lakhs for FY 2007-2008 under dispute at CESTAT.
The company has unpaid income tax dues from FY 2010-2011 to FY 2019-2020 amounting to 20,925.84 lakhs, with disputes pending before the CIT (Appeals). Additionally, service tax dues of 15.41 lakhs from FY 2007-2008 are pending before CESTAT.
Management & Board Governance
1 occurrenceEarlier (1-3 years ago)
Mr. Vishal Sharma, an Independent Director and member of the Audit Committee, resigned from the Board of Directors on September 27, 2024.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
0.96% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).