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Epic Energy Limited

Epic Energy Limited

EPIC.BO
Epic Energy LimitedIN flagBombay Stock Exchange
37.49
INR
+0.79
- -
270.36MMarket Cap
Epic Energy Limited
EPIC.BO
(Bombay Stock Exchange)

Recent

price

37.49

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
93.69
96.79
74.1
63.26
27.46
28.66
27.06
26.02
9.48
2.43
1.98
1.9
1.59
4.27
5.91
- -
6.84
Revenue per Share
5.45
4.02
1.46
0.39
0.12
-4.21
-4.07
-0.97
0.88
-0.46
-0.89
-0.62
-0.6
0.5
1.81
- -
0.99
Basic EPS, GAAP
-1.33
1.06
- -
- -
1.86
-0.49
-0.96
-0.09
- -
-0.04
- -
- -
0.03
0.12
0.22
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
37.69
40.88
9.98
9.92
24.32
10.6
6.48
5.53
6.43
5.98
5.05
4.43
3.84
4.34
6.15
- -
10.13
Book Value per Share
42.56
45.76
47.09
47.2
29.45
24.55
11.49
10.55
11.47
11.03
10.06
9.44
8.85
9.35
11.18
- -
18.88
Tangible Book Value per Share
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
- -
7
Basic Weighted Avg Shares
629
649
498
428
180
192
195
187
68
17
14
14
12
31
43
49
49
Sales/Revenue/Turnover
8.43
6.01
2.49
0.87
0.6
0.78
-3.25
-0.35
1.15
-19.3
-47.09
-37.71
-41.23
11.1
23.49
15.09
15.09
Operating Margin (%)
29
30
29
19
15
12
12
4
4
4
2
2
2
2
3
- -
- -
Depreciation Expense
37
27
10
3
1
-28
-29
-7
6
-3
-6
-4
-4
4
13
7
7
Net Income, GAAP
24.16
20
20
20.01
18.88
- -
- -
- -
- -
- -
- -
- -
- -
19.63
- -
0.91
3.46
Effective Tax Rate (%)
5.82
4.15
1.97
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
14.52
Profit Margin (%)
105
108
117
115
33
20
-4
-2
5
4
4
2
3
15
34
36
36
Working Capital
47
10
11
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
8
18
18
LT Debt
287
308
318
320
193
165
83
76
82
79
73
68
64
67
81
135
135
Total Equity
12.8
9.59
3.07
0.91
0.34
- -
- -
- -
- -
- -
- -
- -
- -
3.52
- -
5.75
5.6
Return on Invested Capital (%)
14.34
10.69
5.48
4.02
0.77
- -
- -
- -
- -
- -
- -
- -
- -
7.24
- -
10.51
10.7
Return on Capital (%)
15.4
10.23
5.75
3.93
0.69
-24.53
-49.83
-16.13
14.69
-7.41
-16.12
-13
-14.45
12.25
34.53
11.92
12.14
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
8
- -
18
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
- -
7
Market Capitalization
306
304
242

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
54
- -
88
Cash, Cash Equivalents & STI
3
- -
18
Accounts Receivable, Net
19
- -
22
Inventories
1
- -
2
Total Current Liabilities
21
- -
52
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

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

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6
5
5
15
31
2025
6
7
6
24
43
2026
11
10
9
19
49

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.03
0.02
- -
0.5
2025
0.21
0.47
0.24
0.88
1.81
2026
0.1
0.33
0.09
0.46
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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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.