Gre Renew Enertech Limited

Gre Renew Enertech Limited

BBSE:GRERENEW
211.95
INR
-14.05
(-6.22%)
1.36BMarket Cap
Gre Renew Enertech Limited
BSE:GRERENEW
(Bombay Stock Exchange)

Recent

price

211.95

P/E

ratio

- -

div

yld

- -

ROIC.AI

2023
2024
2025
2026
TTM
INR
36.55
63.23
58.59
109.34
- -
Revenue per Share
0.62
6.93
4.92
12.08
- -
Basic EPS, GAAP
-2.42
3.1
-0.28
-6.04
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
Dividend per Share
7.79
14.72
15.25
48.1
48.1
Book Value per Share
7.75
14.67
15.24
48.08
48.08
Tangible Book Value per Share
14
14
14
11
13
Basic Weighted Avg Shares
522
903
837
1,229
- -
Sales/Revenue/Turnover
3.67
12.42
10.87
12.69
- -
Operating Margin (%)
4
3
4
7
- -
Depreciation Expense
9
99
70
136
- -
Net Income, GAAP
41.33
21.6
25.79
24.96
- -
Effective Tax Rate (%)
1.71
10.96
8.39
11.05
- -
Profit Margin (%)
88
185
81
409
409
Working Capital
13
20
12
12
12
LT Debt
111
210
218
687
687
Total Equity
- -
42.59
25.1
23.63
- -
Return on Invested Capital (%)
- -
49.13
29.61
29.47
- -
Return on Capital (%)
- -
61.58
32.8
30
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Sep'26
Mar'26
ST Debt
4
5
LT Borrowings
10
12
LT Finance Leases
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
Shares Outstanding
14
14
Market Capitalization
- -
1,357

Working Capital

INR

•

in mil. unless spec.
Sep'26
Mar'26
Total Current Assets
268
640
Cash, Cash Equivalents & STI
54
275
Accounts Receivable, Net
86
98
Inventories
24
109
Total Current Liabilities
56
231
Payables & Accruals
- -
- -
ST Debt
4
5
Deferred Revenue
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
215.37%
Free Cash Flow
- -
- -
1,567.1%
Net Income, GAAP
- -
- -
93.31%
Sales/Revenue/Turnover
- -
- -
46.83%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
903
2025
- -
- -
837
2026
- -
- -
1,229

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
6.93
2025
- -
- -
4.92
2026
- -
- -
12.08

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
Business
GRE Renew Enertech Limited is an India-based renewable energy solutions provider and electronics manufacturer specializing in turnkey solar power projects and energy-efficient lighting systems. The company operates primarily through two core business divisions: Solar Energy Solutions and LED & Power Products. Its solar solutions portfolio includes end-to-end engineering, procurement, and construction (EPC) services for ground-mounted solar power plants, industrial and commercial rooftop systems, and residential installations under both Capital Expenditure (CAPEX) and Renewable Energy Service Company (RESCO) models; comprehensive operations and maintenance (O&M) services; solar water pumping systems; and distributed power generation assets. Its product manufacturing division develops and supplies a wide array of energy-efficient illumination and power management systems, comprising industrial and commercial LED luminaires such as LED street lights, floodlights, high bay lights, cleanroom fixtures, panel lights, downlights, and T-8 tube fixtures; automatic and servo voltage stabilizers; digital inverters; online uninterruptible power supply (UPS) systems; and specialized power-saving control units. Founded in 1999 as M/s. GRE Electronics and subsequently incorporated as a company in October 2008, GRE Renew Enertech Limited is headquartered in Mehsana, Gujarat, India, with executive operations in Ahmedabad and corporate subsidiaries including GRE Green Energy Private Limited and D.K. USA, Inc. In recent strategic and corporate developments, the company rebranded from GRE Electronics Private Limited to GRE Renew Enertech Private Limited in June 2023 to reflect its focus on clean energy, transitioned to a public limited company in July 2024, and completed its initial public offering on the BSE SME platform in January 2026, raising approximately INR 39.56 crore to fund the development of a 7.2 MW (AC) / 9.99 MW (DC) ground-mounted solar power facility and support broader capacity expansions.