Epic Energy Limited

Epic Energy Limited

BBSE:EPIC
37.00
INR
-1.51
(-3.92%)
0.90EPS
42.11P/E
272.23MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
63.26
27.46
28.66
27.06
26.02
9.48
2.43
1.98
1.9
1.59
4.27
5.91
6.75
8.53
Basic EPS, GAAP
0.39
0.12
-4.21
-4.07
-0.97
0.88
-0.46
-0.89
-0.62
-0.6
0.5
1.81
0.96
0.9
Free Cash Flow per Basic Share
- -
1.86
-0.49
-0.96
-0.09
- -
-0.04
- -
- -
0.03
0.12
0.22
2.22
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
47.71
28.77
24.55
11.5
10.53
11.4
10.95
10.06
9.44
8.85
9.35
11.16
18.64
- -
Tangible Book Value per Share
47.57
28.77
24.55
11.5
10.53
11.4
10.95
10.06
9.44
8.85
9.35
11.15
18.6
- -
Basic Weighted Avg Shares
7
7
7
7
7
7
7
7
7
7
7
7
7
7
Sales/Revenue/Turnover
428
180
192
195
187
68
17
14
14
12
31
43
49
63
Operating Margin (%)
0.87
0.6
0.78
-3.25
-0.35
1.15
-19.3
-47.09
-37.71
-41.23
11.1
23.81
15.61
11.03
Depreciation Expense
19
15
12
12
4
4
4
2
2
2
2
3
- -
- -
Net Income, GAAP
3
1
-28
-29
-7
6
-3
-6
-4
-4
4
13
7
7
Effective Tax Rate (%)
20.01
18.88
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.91
2.62
Profit Margin (%)
0.62
0.44
-14.7
-15.04
-3.73
9.29
-18.96
-44.67
-32.49
-37.46
11.73
30.64
14.26
10.51
Working Capital
115
33
20
-4
-2
5
4
4
2
3
15
34
23
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
8
18
- -
Total Equity
320
193
165
83
76
82
79
73
68
64
67
81
135
- -
Return on Invested Capital (%)
0.91
0.34
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
5.59
- -
Return on Capital (%)
0.91
0.34
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
5.89
- -
Return on Common Equity (%)
0.83
0.31
-15.8
-23.72
-8.79
7.98
-4.09
-8.43
-6.32
-6.53
5.5
17.66
6.46
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
18
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
7
7
Market Capitalization
309
245
272

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
75
- -
Cash, Cash Equivalents & STI
- -
5
- -
Accounts Receivable, Net
- -
22
- -
Inventories
- -
2
- -
Total Current Liabilities
- -
52
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.8%
15.97%
67.01%
Free Cash Flow
- -
- -
901.25%
Net Income, GAAP
-32.35%
-0.5%
-46.81%
Sales/Revenue/Turnover
4.17%
40.03%
14.24%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
6
7
6
24
43
2026
11
10
9
19
49
2027
25
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.21
0.47
0.24
0.88
1.81
2026
0.1
0.33
0.09
0.46
0.96
2027
0.03
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Nikhil Champaklal Morsawala
Full Time Employees
10
Sector
Producer manufacturing
Industry
Electrical products
Address
Office No.206, A Wing Mumbai MA India 400057
IPO Date
Feb 21, 2005
Business
Epic Energy Limited, an India-based energy service company (ESCO) recognized by the Bureau of Energy Efficiency, Government of India, provides comprehensive energy management and renewable energy solutions; its core offerings span power saving products including power conditioners, energy power savers, automatic power factor control (APFC) panels, remote energy management software, automatic light controllers, smart meters, and LED lights with streetlight monitoring technology; renewable energy solutions encompass solar products such as rooftop solar plants, solar engineering procurement and construction (EPC), inverters, uninterruptible power supplies (UPS), and LED retrofitting services; additional services include energy audits, electric vehicle (EV) charging infrastructure, and battery recycling for end-of-life lithium-ion batteries (excluding LFP) via hydrometallurgical processes. The company, founded in 1991 and headquartered at Office No. 206, A Wing, Gokul Arcade, Mumbai, Maharashtra, operates primarily in India, serving state governments, municipal corporations, large corporates in the electrical industry, and residential, industrial, and power generation sectors. Recent developments include a November 2025 board approval to issue preferential warrants to Soleos Energy Private Limited for up to an 18% stake to expand in solar parks, EV charging, and battery materials recovery; a September 2024 joint venture agreement with Fenfeo Automotive Private Limited, where Epic holds 76%, to establish an EV charger manufacturing facility in Coimbatore with 15,000 units annual capacity, operational by early 2025; a March 2025 technology transfer agreement through subsidiary Swachcha Urja Nirman LLP with the Centre for Materials for Electronics Technology (C-MET) for a 10-year license on li-ion battery recycling, targeting one-tonne-per-day operations by Q3 FY26 in Maharashtra or Gujarat; and a September 2024 agreement with Niva Ecotech Private Limited via 100% subsidiary Epic Renewable Projects Pvt Ltd to develop a 35 MWp (25 MW) solar park near Solapur, Maharashtra, under group captive open access models.