Rosseti Severnyy Kavkaz

Rosseti Severnyy Kavkaz

MMOEX:MRKK
14.48
RUB
-0.16
(-1.09%)
2010 Y
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
TTM
Revenue per Share
337.55
367.72
253.5
109.28
79.92
87.05
96.7
95.32
50.81
24.77
31.15
33.06
30.85
33.66
Basic EPS, GAAP
14.76
-15.61
-4.27
-10.05
-45.4
33.08
-27.84
-32.2
-20.31
-20.35
-12.8
-26.65
0.51
-24.63
Free Cash Flow per Basic Share
-12.09
0.31
-48.5
-13.27
-6.13
-11.97
-8.85
-15.92
-4.19
-3.89
-8.12
-3.14
-16.25
-11.58
Dividend per Share
- -
- -
- -
1.16
0.72
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
193.13
182.21
126.46
47.24
1
34.27
15.3
-2.69
-2.09
-19.27
-25.12
-39.39
-13.64
-36.17
Tangible Book Value per Share
192.81
181.93
125.52
46.82
0.54
33.72
14.77
-2.99
-2.39
-19.41
-25.25
-39.51
-13.76
-36.3
Basic Weighted Avg Shares
35
35
57
133
185
185
185
193
389
859
890
1,046
1,339
1,124
Sales/Revenue/Turnover
11,914
12,979
14,554
14,585
14,763
16,079
17,912
18,397
19,767
21,274
27,720
34,583
41,301
37,824
Operating Margin (%)
8.34
6.51
15.89
4.37
-14.57
-10.82
-12.1
-20.29
-36.63
-66.49
-40.44
-46.18
-39.82
-44.88
Depreciation Expense
726
989
1,266
1,375
1,558
1,488
1,529
1,516
1,370
1,695
1,352
1,483
1,245
1,385
Net Income, GAAP
521
-551
-245
-1,341
-8,386
6,111
-5,157
-6,214
-7,902
-17,480
-11,395
-27,881
679
-27,674
Effective Tax Rate (%)
39.24
- -
217.22
- -
- -
- -
- -
- -
- -
- -
- -
- -
33.26
- -
Profit Margin (%)
4.37
-4.24
-1.68
-9.2
-56.8
38
-28.79
-33.78
-39.97
-82.16
-41.11
-80.62
1.64
-73.17
Working Capital
-2,110
-7,016
-7,074
-7,590
-13,238
-7,634
-8,143
-6,275
-9,852
-23,464
-28,633
-49,562
-21,706
-41,172
LT Debt
7
854
2,467
4,533
5,523
4,127
5,806
7,302
3,602
4,141
9,318
5,659
5,096
8,280
Total Equity
6,817
6,431
8,478
8,726
185
6,330
2,827
-1,047
-814
-17,138
-25,102
-46,661
-24,937
-42,840
Return on Invested Capital (%)
6.65
- -
-26.94
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
6.12
- -
-3.2
- -
- -
- -
- -
- -
- -
- -
- -
- -
-8.19
- -
Return on Common Equity (%)
7.95
-8.32
-3.29
-15.59
-188.21
187.59
-112.64
- -
- -
- -
- -
- -
- -
- -

Capital Structure

RUB

•

in mil. unless spec.
Dec'21
Mar'22
Jun'22
ST Debt
3,495
3,468
2,321
LT Borrowings
3,800
12,455
6,387
LT Finance Leases
1,859
1,901
1,893
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,185
1,185
1,185
Market Capitalization
32,219
23,312
11,964

Working Capital

RUB

•

in mil. unless spec.
Dec'21
Mar'22
Jun'22
Total Current Assets
7,809
11,454
9,419
Cash, Cash Equivalents & STI
2,645
4,553
3,257
Accounts Receivable, Net
2,778
3,729
3,291
Inventories
1,148
1,108
1,367
Total Current Liabilities
57,372
55,931
50,591
Payables & Accruals
- -
- -
- -
ST Debt
3,495
3,468
2,321
Deferred Revenue
- -
- -
- -

Growth Rates

RUB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
509.55%
413.99%
-46.56%
Free Cash Flow
76.59%
136.29%
561.75%
Net Income, GAAP
79.18%
31.16%
-102.43%
Sales/Revenue/Turnover
11.4%
17.91%
19.43%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
8,773
7,185
8,832
9,792
34,583
2022
10,550
8,649
- -
- -
41,301
2023
- -
11,173
- -
- -
- -

Quarterly Earnings Per Share

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
-3.52
-3.23
-2.39
- -
-26.65
2022
-2.42
-3.09
- -
- -
0.51
2023
- -
-0.65
- -
- -
- -

Quarterly Dividends Per Share

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Company Description

CEO
Roman Levchenko
Full Time Employees
14,367
Sector
Utilities
Industry
Electric utilities
Address
13a Podstantsionnaya Street Pyatigorsk ST Russian Federation 357506
IPO Date
Jun 4, 2008
Website
mrsk-sk.ru
Business
PJSC ROSSETI Northern Caucasus operates as an interregional distribution grid company in the electric power sector, primarily engaged in the transmission, distribution, and technological connection of electric power. The company provides construction and modernization of electric power grids and grid facilities, buys and sells electric power and capacity in wholesale markets, and markets and sells power and capacity in the retail markets within its service area. Its operational footprint spans seven regions of the North Caucasian Federal District and the Republic of Kalmykia, including the Republic of Dagestan, Republic of Ingushetia, Kabardino-Balkar Republic, Karachay-Cherkess Republic, Republic of North Ossetia-Alania, Chechen Republic, and Stavropol region. Established in 2006, the company is headquartered in Pyatigorsk, Russia and functions as a subsidiary of PJSC Rosseti. The core products and services of PJSC ROSSETI Northern Caucasus include electric power transmission and distribution; technological connection of consumers to the grid; construction, modernization, and maintenance of electric power grids and associated infrastructure; and commercial activities related to the purchase, sale, and marketing of electricity and capacity in both wholesale and retail markets. Recent major developments include the execution of a record investment program as part of the broader Rosseti Group initiatives, with substantial investments focused on modernizing and expanding grid infrastructure to improve reliability, reduce power losses, and enhance service quality in the Northern Caucasus region. Notable infrastructure projects include the construction of key high-voltage transit routes such as the 500 kV Nevinnomyssk-Mozdok and 330 kV Artem-Derbent lines, which are critical for minimizing power supply disruptions. The company is also actively engaged in addressing illegal electricity consumption issues in the region, including curbing unauthorized cryptocurrency mining activities. Financially, PJSC ROSSETI Northern Caucasus reported reducing its net loss in 2025 compared to the prior year, reflecting ongoing efforts to improve operational efficiency under challenging market conditions. The company is an integral part of the strategic development goals set by its parent Rosseti PJSC, focusing on integrating advanced technologies and expanding its regional grid infrastructure to support sustainable energy growth in the Russian Federation. This comprehensive operational and strategic profile underscores PJSC ROSSETI Northern Caucasus's role as a key regional player in Russia's electric utility sector, providing essential grid infrastructure and power supply services while undergoing modernization and expansion efforts to meet evolving energy demands and maintain grid stability in its service territories.