Ravindra Energy Limited strategy deck summary

Strategy deck of 29 Sep 2026, summarised by AI from the filing.

Ravindra Energy and Energy In Motion propose amalgamation to create an integrated clean energy and electric mobility platform, targeting 160 swap stations and 6,000 trucks by FY2029-30.

Key takeaways

1. Amalgamation Ravindra Energy Limited and Energy In Motion Limited propose amalgamation to create an integrated clean energy and electric mobility platform.
2. Deployment target By FY2029-30, 160 swap stations, 6,000 trucks, 7,280 battery packs and 400 MWp solar; total capex ₹3,500-4,000 cr and equity ₹800-1,000 cr over 3 years.
3. Renewable portfolio Renewable portfolio of 492.31 MWp total, with 261.21 MWp operating and 231.10 MWp under construction and development.
4. E-tractor sales 452 e-tractors invoiced by September 2026, used in ports, cement, power plant, steel and container freight stations.
5. Funding risk Equity requirement of ₹800-1,000 cr over 3 years; monetization of existing solar assets expected to fund next 18-24 months.

Ravindra Energy Limited Q1 FY27 results

As filed: Revenue ₹120 cr (−26% year on year), EBITDA ₹38.1 cr (+36% year on year), PAT ₹1.6 cr (−93% year on year), EBITDA margin 31.8% (+1,000 bps).

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹140 cr (−12% year on year), EBITDA ₹34.0 cr (+21% year on year), PAT ₹11.1 cr (−15% year on year), EBITDA margin 24.2% (+663 bps). Score 30 of 100, Below trend. EBITDA margin rose 663 bps year on year. Tax rate 7%. Consolidated profit -15% but standalone +60%. Not enough history for a trend yet: scored on growth alone. Profit fell 24% from last quarter. Share price after the results: −16.2% in 30 days (Nifty 500: −0.9%).
• Q3 FY26: Revenue ₹127 cr (+140% year on year), EBITDA ₹32.3 cr (+300% year on year), PAT ₹14.6 cr (+300% year on year), EBITDA margin 25.4% (+1,000 bps). Score 85 of 100, Above trend. EBITDA margin rose 1000 bps year on year. Other income 26% of PBT. Tax rate 6%. Not enough history for a trend yet: scored on growth alone. Profit fell 53% from last quarter. Share price after the results: −4.8% in 29 days (Nifty 500: −0.7%).
• Q2 FY26: Revenue ₹120 cr (+300% year on year), EBITDA ₹38.0 cr, PAT ₹31.0 cr (+300% year on year), EBITDA margin 31.7% (+1,000 bps). Score 85 of 100, Above trend. EBITDA margin rose 1000 bps year on year. Tax rate -19%. Not enough history for a trend yet: scored on growth alone. Revenue fell 26% from last quarter. Share price after the results: −0.6% in 30 days (Nifty 500: +0.7%).
• Q1 FY26: Revenue ₹163 cr (+300% year on year), EBITDA ₹28.0 cr (+250% year on year), PAT ₹23.0 cr (+283% year on year), EBITDA margin 17.2% (−1,000 bps). Score 81 of 100, Above trend. EBITDA margin fell 1000 bps year on year. Tax rate 0%. Not enough history for a trend yet: scored on growth alone. Share price after the results: +6.0% in 30 days (Nifty 500: +0.7%).
• Q4 FY25: Revenue ₹142 cr, EBITDA ₹21.0 cr, PAT ₹10.0 cr, EBITDA margin 14.8%. Not scored. No result for the same quarter last year. Share price after the results: +11.7% in 30 days (Nifty 500: +3.1%).
• Q3 FY25: Revenue ₹53.0 cr, EBITDA ₹7.0 cr, PAT ₹2.0 cr, EBITDA margin 13.2%. Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹53.0 cr). Scored once a year-earlier consolidated quarter exists.
• Q2 FY25: Revenue ₹16.0 cr, EBITDA ₹0.0 cr, PAT ₹1.0 cr, EBITDA margin 0.0%. Not scored. Too small to score: quarter revenue ₹16.0 cr is below the ₹20.0 cr minimum. On a base this small, percentage changes say little.

Past price moves after results do not indicate future moves. Not a recommendation.

Ravindra Energy Limited earnings call, investor presentation and press release summaries

• Other events: Strategy deck (29 Sep 2026), Strategy deck (27 Jan 2026), Strategy deck (20 Sep 2025)