Ravindra Energy share price today

Ravindra Energy Ltd's share price was ₹141.78 at the close on 4 November 2026. It has been falling for 1 week. That is 4.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹122 and ₹178, and at that close it sat 35% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Ravindra Energy Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 10 weeks running.

Over the last 11 years the share price moved +555% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 28 August 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: promoters cut their stake for 3 quarters in a row, best operating margin in 8 quarters and indian funds and insurers (DIIs) raised their stake for 3 quarters in a row.

1. Promoters cut their stake for 3 quarters in a row

   From 64.8% to 58.3% of the company by the September 2026 quarter.

2. Best operating margin in 8 quarters

   Operating margin was 31.8% in the June 2026 quarter, against 17.1% a year earlier.

3. Indian funds and insurers (DIIs) raised their stake for 3 quarters in a row

   From 1.9% to 3% of the company by the September 2026 quarter.

For April to June 2026 (the quarter ended 30 June 2026), Ravindra Energy reported revenue of ₹120 crore, down 26.2% from ₹163 crore a year earlier, and a profit of ₹1.64 crore, down 92.8% from ₹22.8 crore.

Ravindra Energy results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Ravindra Energy closed at ₹141.78 on 4 November 2026, down 10.5% from ₹158.48 a year earlier (7 November 2025) and up 195.3% over five years. Its highest weekly close since March 2016 was ₹178.69 on 19 September 2025.

Ravindra Energy share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

557 weekly closes from 9 March 2016 to 4 November 2026.

4 Nov 2026: Ravindra Energy closed at ₹141.78, up 5.1% on the week and down 3.4% on the month. Our read, 19 Jul 2026: Margin expansion is overshadowed by balance sheet deterioration, rising debt, and declining promoter stake.

Earlier

• Results for April to June 2026: Revenue down 26.2% and profit down 92.8% on a year earlier.

Our read of the business

Ravindra Energy has seen an operating recovery with margins expanding significantly over the last year.,However, this growth is being funded by a substantial increase in debt and rising working capital days.,The recent reduction in promoter shareholding adds a layer of caution to the durability of this turnaround.

Latest quarter: Stable revenue with maintained margins.

Our read after the latest results, written 19 July 2026.

Ravindra Energy has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. Ravindra Energy Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

What is changing at Ravindra Energy, from the latest results and calls: operating margin expansion.

• Operating Margin Expansion. Operating margin expansion driven by gross margin tailwinds. ⚠ estimate

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Our read after the latest results, written 19 July 2026.

A stabilization in working capital days and a halt to the increase in total debt, combined with promoters ceasing to dilute their stake.

Each change stops working if

• Operating Margin Expansion: Input costs rise sharply or pricing power diminishes, reverting gross margins.

The main risks

• Deteriorating working capital profile: Deteriorating working capital profile. ✓ fact
• Significant increase in debt: Significant increase in debt. ✓ fact
• Declining promoter shareholding: Declining promoter shareholding. ✓ fact

Our read after the latest results, written 19 July 2026.

When Ravindra Energy reports July to September 2026, these are the 3 checks that show whether the story is still on course. First: Debtor days expanding beyond thirty days in the next half.

Ravindra Energy is on one of our India lists: Power & green energy stocks.

Ravindra Energy Ltd earned ₹1.6 Cr of net profit in the Jun 2026 quarter, −92.8% on the same quarter a year earlier. Full-year FY26 profit was ₹71.0 Cr. That is 1.4% of the quarter's revenue. The same quarter a year earlier earned ₹22.8 Cr. 1 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹71.0 Cr (+222.7% on the year before).

Why profit moved: revenue changed −26.2% on a year earlier and the margin moved +14.6 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +763.5% and revenue +192.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

FY26-Q3. Revenue and margins remained robust, indicating steady execution. The gross margin profile remained strong, supporting the operating leverage.

FY26-Q4. The company reported stable revenue compared to the previous quarter, maintaining its operating margins at solid levels. This quarter confirmed the higher margin plateau established earlier in the year, although working capital metrics began to stretch.

Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters.

Ravindra Energy Ltd reported ₹120 Cr of revenue in the Jun 2026 quarter, −26.2% on the same quarter a year earlier. Over 10 years it has grown 1.4% a year on average. The last full year, FY26, came in at ₹564 Cr. The last four reported quarters add to ₹501 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹564 Cr, +98.6% on the year before.

Recent pace: the last four quarters grew +192.3% on average, against 1.4% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +28.2%, against +128.5% a year over the last 8 quarters (rolling over).

FY26-Q3. Revenue and margins remained robust, indicating steady execution. The gross margin profile remained strong, supporting the operating leverage.

FY26-Q4. The company reported stable revenue compared to the previous quarter, maintaining its operating margins at solid levels. This quarter confirmed the higher margin plateau established earlier in the year, although working capital metrics began to stretch.

Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters.

Ravindra Energy Ltd's operating margin was 31.8% in the Jun 2026 quarter, 14.6 percentage points higher than the same quarter a year ago. Across 13 years it has been between −39.0% and 26.0%. The latest quarter is above every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why this happened. The company has experienced significant margin improvement, with operating margins expanding substantially over the past year, directly supported by gross margin gains.

Why the margin moved: operating margin changed +14.6 percentage points on the year while gross margin changed +19.9 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

FY26-Q3. Revenue and margins remained robust, indicating steady execution. The gross margin profile remained strong, supporting the operating leverage.

FY26-Q4. The company reported stable revenue compared to the previous quarter, maintaining its operating margins at solid levels. This quarter confirmed the higher margin plateau established earlier in the year, although working capital metrics began to stretch.

Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters.

Over the last 3 years, 326% of Ravindra Energy Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹166 Cr of operating cash against ₹71.0 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹465 Cr of spending on assets, free cash was −₹299 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 326% of profit came in as cash: the cash cycle got 100 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 13.3× depreciation over three years. The next section checks what that spending is building.

Ravindra Energy Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 30 days in FY26, down from 130 days in FY21. It spent ₹716 Cr on assets over the last 3 years. Customers take 26 days to pay, and stock sits for 20 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹564 Cr, each day of that cycle ties up about ₹1.5 Cr, so roughly ₹46.0 Cr is tied up in the business at any time.

FY26: customers took 26 days to pay and stock sat for 20 days, about 0.7 months of sales sitting as stock, for a full cycle of 30 days, shorter than FY21's 130.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 20 days. Customers pay about 26 days after that. Suppliers are paid at 16 days. Together that makes the 30-day cycle.

Spending on assets: ₹716 Cr over the last 3 years, against ₹54.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹22.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Ravindra Energy Ltd's P/E is 47.3×, in the middle of its own history: higher than 64% of past readings. Its usual P/E (the middle reading) is 39.4×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.