Are Veer Energy latest results good or bad?

Veer Energy's latest results show strong half-year growth in net sales and profit, but the recent quarterly performance indicates a decline in sales and operating margins, leading to a cautious outlook and a 'Strong Sell' recommendation from MarketsMOJO. Overall, the results are mixed, reflecting both positive growth and concerning trends.

Veer Energy's latest results present a mixed picture. On one hand, the company has shown significant year-on-year growth in net sales for the half-year period, recording Rs 6.81 crore, which is an impressive increase of 81.60% compared to the previous year. Additionally, the Profit After Tax (PAT) for the half-year reached Rs 0.50 crore, slightly exceeding the PAT of Rs 0.48 crore from the prior twelve-month period, indicating that the company has already surpassed its profit performance for the previous year within just six months.<BR><BR>However, the quarterly results for the period ending December 2024 reveal a decline in net sales by 22.62% compared to the same quarter in the previous year, which contrasts sharply with the previous year's growth of 54.82%. While the standalone net profit has improved by 16.67%, this is against a backdrop of a significant drop in operating profit margin, which decreased by 13.11%.<BR><BR>Moreover, despite these positive indicators, MarketsMOJO has issued a 'Strong Sell' recommendation on the stock, reflecting a cautious outlook for the company. Additionally, there is a noted decline in the Debtors Turnover Ratio, suggesting that the company is taking longer to recover payments from its customers.<BR><BR>In summary, while Veer Energy has demonstrated strong growth in sales and profit for the half-year, the recent quarterly performance shows concerning trends, leading to a cautious assessment of the company's overall results.

Should I buy, sell or hold Veer Energy?

What is the bonus history of the Veer Energy?

Veer Energy has issued several bonuses, with the most recent being a 3:10 bonus on November 25, 2022. Previous bonuses include a 1:2 bonus on July 31, 2009, a 14:10 bonus on November 14, 2008, and a 9:5 bonus on March 29, 2008.

Veer Energy has a history of several bonus issues. The most recent bonus was a 3:10 bonus issue announced on November 25, 2022. Prior to that, the company had the following bonus issues:<BR><BR>1. On July 31, 2009, a 1:2 bonus was issued, with an ex-date of July 29, 2009.<BR>2. On November 14, 2008, a 14:10 bonus was issued, with an ex-date of November 12, 2008.<BR>3. On March 29, 2008, a 9:5 bonus was issued, with an ex-date of March 17, 2008.<BR><BR>This history reflects the company's approach to rewarding its shareholders through bonus shares over the years.

Who are the top shareholders of the Veer Energy?

The top shareholders of Veer Energy include promoter Yogesh Mahasuklal Shah with 22.8%, public shareholder A V Lakshmi with 4.14%, and individual investors holding 67.74%. There are no pledged promoter holdings, and mutual funds do not hold shares in the company.

The top shareholders of Veer Energy include Yogesh Mahasuklal Shah, who is the promoter with the highest holding at 22.8%. The highest public shareholder is A V Lakshmi, holding 4.14%. Additionally, individual investors collectively hold a significant portion of 67.74%. The company also has one foreign institutional investor (FII) that holds 0.39% of the shares. There are no pledged promoter holdings, and mutual funds do not hold any shares in the company.

Who are in the management team of Veer Energy?

As of Mar 2021 The management team of Veer Energy includes Chairman & Managing Director Yogesh M Shah, along with several independent and non-executive directors, a company secretary, and additional directors. Key members are Joseph J Tauro, Chetan H Mehta, Mitesh J Kuvadia, and Krupa Shah.

As of Mar 2021 The management team of Veer Energy includes the following individuals:<BR><BR>1. Yogesh M Shah - Chairman & Managing Director<BR>2. Joseph J Tauro - Independent Director<BR>3. Chetan H Mehta - Independent Director<BR>4. Mitesh J Kuvadia - Independent Director<BR>5. Nipa N Thakker - Company Secretary<BR>6. Bhavin S Shah - Additional Director<BR>7. Krupa Shah - Whole Time Director & Additional Director<BR>8. Arvind M Shah - Non-Executive Director<BR>9. Nilesh Kantilal Shah - Non-Executive Director<BR>10. Ashwin Savla - Non-Executive Director<BR><BR>If you need more details about any specific member or their roles, feel free to ask!

Has Veer Energy declared dividend?

Veer Energy & Infrastructure Ltd has declared a 6% dividend, amounting to 0.6 per share, with an ex-date of September 22, 2016. Despite the dividend declaration, the yield is 0%, as dividends have not contributed to returns in recent periods, although the stock has shown significant price appreciation over the long term.

Veer Energy & Infrastructure Ltd has declared a 6% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 6%<BR>- Amount per share: 0.6<BR>- Ex-date: 22 Sep 16<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -14.8%, the dividend return was 0%, resulting in a total return of -14.8%.<BR><BR>For the 1-year period, the price return was -9.42%, the dividend return was 0%, leading to a total return of -9.42%.<BR><BR>Over the 2-year period, the price return was 76.06%, the dividend return was 0%, culminating in a total return of 76.06%.<BR><BR>In the 3-year period, the price return was 65.9%, the dividend return was 0%, resulting in a total return of 65.9%.<BR><BR>For the 4-year period, the price return was 181.84%, the dividend return was 0%, leading to a total return of 181.84%.<BR><BR>Over the 5-year period, the price return was 280.6%, the dividend return was 0%, culminating in a total return of 280.6%.<BR><BR>Overall, while Veer Energy has declared a dividend, the dividend yield remains at 0%, indicating that the dividends have not contributed to returns in recent periods. The company has shown significant price appreciation over the longer term, particularly over the 5-year period.

When is the next results date for Veer Energy?

No Upcoming Board Meetings

Who are the peers of the Veer Energy?

Veer Energy's peers include NTPC, Power Grid Corp, Adani Power, Adani Green, Tata Power Co., Adani Energy Sol, NHPC Ltd, JSW Energy, and Times Green Ener. In terms of management risk, growth, and capital structure, Veer Energy is rated below average compared to its peers, with a 1-year return of -8.82%.

Peers: The peers of Veer Energy are NTPC, Power Grid Corpn, Adani Power, Adani Green, Tata Power Co., Adani Energy Sol, NHPC Ltd, JSW Energy, and Times Green Ener.<BR><BR>Quality Snapshot: Excellent management risk is observed at NTPC and Adani Power, while Good management risk is found at Power Grid Corpn. Average management risk is seen at Tata Power Co., NHPC Ltd, and the rest. Below Average management risk is present at Adani Energy Sol, JSW Energy, Veer Energy, and Times Green Ener. In terms of growth, Excellent growth is noted at NTPC and Adani Energy Sol, while Good growth is observed at Tata Power Co. Average growth is found at Power Grid Corpn and JSW Energy, while Below Average growth is seen at NHPC Ltd, Veer Energy, and the rest. Adani Green does not qualify for growth metrics. Capital Structure ratings show Below Average for NTPC, Power Grid Corpn, Adani Power, Tata Power Co., Adani Energy Sol, NHPC Ltd, JSW Energy, Veer Energy, and the rest, while Times Green Ener has a Good capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is NTPC at -5.56%, while the peer with the lowest is Adani Green at -49.33%. Veer Energy's 1-year return of -8.82% is better than Adani Green's but worse than NTPC's. Additionally, several peers, including Adani Green, Tata Power Co., Adani Power, JSW Energy, and NHPC Ltd, have negative six-month returns.

What does Veer Energy do?

Veer Energy & Infrastructure Ltd is a micro-cap company focused on installing Wind Turbine Generators in the power generation and distribution sector. Founded in 2006, it reported net sales of 2 Cr and a net profit of 0 Cr for the quarter ending December 2024.

Overview: <BR>Veer Energy & Infrastructure Ltd is an innovative energy and infrastructure company engaged in the installation of Wind Turbine Generators, operating within the Power Generation/Distribution industry and classified as a Micro Cap.<BR><BR>History: <BR>Founded in 2006 and listed on the Bombay Stock Exchange (BSE), Veer Energy & Infrastructure Ltd has been active in its sector since its incorporation. The most recent quarterly results reported net sales and net profit for the period ending December 2024.<BR><BR>Financial Snapshot: <BR>Net Sales: 2 Cr (Quarterly Results - Dec 2024) <BR>Net Profit: 0 Cr (Quarterly Results - Dec 2024) <BR>Market Cap: Rs 26 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 26.00 <BR>Industry P/E: 22 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.02 <BR>Return on Equity: 1.45% <BR>Price to Book: 0.40 <BR><BR>Contact Details: <BR>Address: 1st Floor Gazdar House, 629-A J Shankar Sheth Marg, Mumbai, Maharashtra: 400002 <BR>Tel: 91-22-22072641 <BR>Email: info@veerenergy.net <BR>Website: http://www.veerenergy.net