Rosseti Ural

Rosseti Ural

MMOEX:MRKU
0.68
RUB
-0.01
(-1.26%)
3.39P/E
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
0.65
0.71
0.68
0.75
0.79
0.8
0.85
0.93
1.14
1.21
1.01
1.1
1.18
1.36
Basic EPS, GAAP
0.03
0.04
- -
-0.01
0.01
0.02
0.02
0.05
0.01
0.03
0.01
0.04
0.05
0.13
Free Cash Flow per Basic Share
0.02
-0.01
-0.02
-0.04
0.03
0.09
0.09
0.09
0.07
0.11
-0.02
0.02
0.01
0.19
Dividend per Share
- -
- -
- -
- -
- -
0.01
0.01
- -
0.02
- -
0.01
- -
0.02
0.02
Book Value per Share
0.44
0.47
0.47
0.45
0.45
0.47
0.47
0.51
0.51
0.54
0.54
0.59
0.59
0.74
Tangible Book Value per Share
0.44
0.47
0.47
0.45
0.45
0.46
0.47
0.51
0.5
0.51
0.51
0.57
0.56
0.72
Basic Weighted Avg Shares
87,430
87,430
87,430
87,430
87,430
87,430
87,430
87,430
87,430
87,430
87,430
87,430
87,430
87,430
Sales/Revenue/Turnover
57,066
62,000
59,431
65,523
68,968
69,662
74,723
81,159
100,075
105,940
88,578
96,474
102,950
118,909
Operating Margin (%)
7.11
7.4
2.34
0.01
2.16
6.03
3.81
6.54
0.27
3.13
0.96
6.75
5.96
12.38
Depreciation Expense
3,791
4,152
4,894
5,451
5,711
5,924
6,009
6,094
6,437
7,090
7,649
7,944
8,294
8,192
Net Income, GAAP
2,277
3,145
302
-1,171
758
1,764
1,359
4,008
604
2,657
474
3,760
4,120
11,659
Effective Tax Rate (%)
37.54
20.52
56.93
- -
5.91
23.24
43.78
21.39
44.23
26.74
21.21
22.77
26.78
19.85
Profit Margin (%)
3.99
5.07
0.51
-1.79
1.1
2.53
1.82
4.94
0.6
2.51
0.53
3.9
4
9.8
Working Capital
1,490
605
1,074
994
-2,503
-6,767
-1,526
94
-7,505
-4,814
-7,522
-13,307
-16,905
-7,892
LT Debt
6,471
7,370
9,979
13,718
11,526
7,525
12,248
11,699
8,674
17,653
19,808
13,134
13,737
13,903
Total Equity
39,505
41,884
41,632
39,964
40,618
41,360
41,804
45,657
45,135
47,540
47,938
52,771
52,101
66,113
Return on Invested Capital (%)
5.44
7.43
1.17
- -
2.6
5.87
2.95
7.61
0.28
4.32
1.11
7.85
6.47
15.5
Return on Capital (%)
4.73
6.73
1.23
- -
2.85
5.27
3.62
8.82
2.14
5.67
2.26
6.89
7.5
16.23
Return on Common Equity (%)
6.06
7.89
0.74
-2.93
1.92
4.39
3.32
9.31
1.35
5.81
1.01
7.59
7.98
19.85

Capital Structure

RUB

•

in mil. unless spec.
Mar'23
Jun'23
Sep'23
ST Debt
9,603
6,478
4,668
LT Borrowings
7,444
10,940
11,368
LT Finance Leases
2,673
2,539
2,535
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
87,430
87,430
87,430
Market Capitalization
17,504
26,352
39,554

Working Capital

RUB

•

in mil. unless spec.
Mar'23
Jun'23
Sep'23
Total Current Assets
15,656
16,506
15,677
Cash, Cash Equivalents & STI
3,573
3,535
4,060
Accounts Receivable, Net
9,152
8,383
7,983
Inventories
1,412
1,465
1,305
Total Current Liabilities
31,258
25,794
23,569
Payables & Accruals
- -
- -
- -
ST Debt
9,603
6,478
4,668
Deferred Revenue
- -
- -
- -

Growth Rates

RUB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.36%
2.77%
-1.27%
Free Cash Flow
-23.09%
-62.8%
-34.81%
Net Income, GAAP
52.77%
175.17%
9.58%
Sales/Revenue/Turnover
6.08%
5.68%
6.71%
Total Cash Common Dividend
51,791.13%
103,481.58%
516,940.14%

Quarterly Revenue

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
25,898
21,793
22,415
26,369
96,474
2022
26,701
22,864
23,256
30,146
102,950
2023
32,749
27,879
28,135
- -
- -

Quarterly Earnings Per Share

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.02
0.03
0.02
- -
0.04
2022
0.03
0.01
0.01
- -
0.05
2023
0.05
0.04
0.03
- -
- -

Quarterly Dividends Per Share

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
0.02
- -
0.02
2023
0.02
- -
- -
- -
- -

Company Description

CEO
Vladimir Anatolyevich Bolotin
Full Time Employees
14,726
Sector
Utilities
Industry
Electric utilities
Address
140 Ulitsa Mamina Sibiryaka Ekaterinburg SVE Russian Federation 620026
IPO Date
Jun 11, 2008
Business
Interregional Distribution Grid Company of Urals, Joint Stock Company (MRKU.ME) operates as a regional electricity distribution company in Russia, managing the transmission and distribution of electric power through high-voltage grid infrastructure; it provides services including electricity distribution to end consumers, grid connection for new customers, maintenance and repair of power lines and substations, and technical supervision of energy equipment across the Urals Federal District. The company offers core products and services such as 110 kV and lower voltage distribution networks, transformer substations, overhead and cable power lines, metering devices for energy accounting, and relay protection systems; it serves residential, commercial, industrial, and public sector customers with reliable power supply solutions under regulated tariffs set by the Russian Federal Antimonopoly Service. Headquartered in Yekaterinburg, Russia, and founded in 2005 as part of the broader Russian electricity sector reform, MRKU operates primarily in Sverdlovsk, Chelyabinsk, Tyumen, and Kurgan regions, with no major subsidiaries or parent company relationships outside its interregional grid grouping. Recent major developments include the completion of digital transformation initiatives in 2024, enhancing grid monitoring via smart meters and SCADA systems; strategic partnerships with regional authorities for renewable energy integration, such as solar and wind connections in 2025; and a significant funding round from Rosseti Group in late 2024 supporting infrastructure upgrades amid rising electrification demands.