Urja Global Limited
NSE: URJA · Other Electrical Equipment · sector
₹7.77NSE close 2026-10-26
Key numbers
Market cap₹415 cr
Price₹7.77
52w high / low₹14 / ₹8
P/E388.5xSector median 20.7x
P/B2.4xSector median 3.4x
Book value₹3.3
Dividend yield–Sector median 0.26%
ROE0.9%Sector median 15.5%
ROCE1.1%Sector median 16.4%
OPM3.3%Sector median 11.7%
Debt / equity0.05xSector median 0.32x
EV/EBITDA206.5xSector median 13.3x
Interest cover3.8x
Current ratio1.86x
Sales growth 3y+19.0%Sector median +17.8%
Profit growth 3y-4.0%Sector median +15.2%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 59 companies in Other Electrical Equipment (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹1 cr vs borrowings ₹9 cr (FY26): borrowings are higher by ₹8 cr.
- Borrowings rose in each of the last 3 years (₹3 cr → ₹9 cr).
- Operating profit covered interest 3.8x in the last 12 months.
- Promoter holding fell by 1.44 percentage points in a year, to 17.21% (2026-09-30).
- Operating cash flow was below net profit in 5 of the last 5 years (FY26, FY25, FY24, FY23, FY22).
- Revenue was higher than a year earlier in 1 of the last 4 quarters.
- Other income was 25% of net profit in the last 12 months.
- Debtor days went from 124 (FY24) to 91 (FY26).
- No dividend in the last 5 financial years.
- Price ₹7.77 on 2026-10-26: -43.5% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹20.71 · low ₹7.77
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 19 | 20 | 17 | 19 | 16 | 15 | 18 | 14 |
| EBITDA | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 1 |
| OPM % | 1.8% | 1.6% | 4.1% | 3.3% | 4.3% | 2.5% | 2.7% | 4.0% |
| Other income | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Net profit | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| EPS (₹) | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| Revenue YoY | -20.5% | -27.7% | +2.3% | -26.6% | ||||
| Profit YoY | +28.1% | -24.5% | +200.0% | -55.7% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 73 | 40 | 44 | 67 | 67 | 62 |
| EBITDA | 1 | 1 | 2 | 2 | 2 | 2 |
| Net profit | 1 | 2 | 2 | 1 | 1 | 2 |
| EPS (₹) | 0.01 | 0.03 | 0.04 | 0.02 | 0.03 | 0.02 |
| Revenue growth | -45.8% | +12.4% | +51.2% | -0.8% | -18.8% | |
| Profit growth | +97.4% | +34.2% | -37.7% | +6.3% | -16.6% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +19.0% | -14.8% | -18.8% |
| Net profit | -4.0% | -4.9% | -16.6% |
| EPS | 0.0% | 0.0% | – |
| Share price | – | -35.3% (2y) | -39.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 172 | 174 | 175 | 177 |
| Borrowings | – | 3 | 5 | 8 | 9 |
| Cash & equivalents | – | 1 | 1 | 3 | 1 |
| Total assets | – | 285 | 283 | 291 | 248 |
| Fixed assets | – | 95 | 89 | 5 | 61 |
| Capital work in progress | – | – | 0 | 79 | 0 |
| Investments | – | 1 | 1 | 0 | 0 |
| Receivables | – | 10 | 15 | 23 | 17 |
| Inventory | – | 20 | 39 | 41 | 41 |
| Payables | – | 9 | 0 | 7 | 7 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -8 | 1 | -9 | -7 | -26 |
| Cash from investing | -1 | 1 | 7 | 6 | 23 |
| Cash from financing | 9 | -1 | 3 | 2 | 0 |
| Capex | 0 | 0 | 0 | 0 | 0 |
| Free cash flow | -8 | 1 | -9 | -7 | -26 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 0.9% | 1.2% | 0.7% | 0.8% |
| ROCE % | – | 1.6% | 2.0% | 1.4% | 1.4% |
| Debtor days | – | 95 | 124 | 124 | 91 |
| Inventory days | – | 221 | 422 | 278 | 271 |
| Payable days | – | 94 | 0 | 46 | 48 |
| Cash conversion cycle (days) | – | 222 | 546 | 356 | 314 |
| Working capital days | – | 182 | 157 | 135 | 240 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 17.21% |
| FIIs | 0.02% |
| DIIs | 0.00% |
| of which Mutual funds | 0.00% |
| of which Insurance | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 82.77% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 19.43% | 19.43% | 18.65% | 18.65% | 18.35% | 18.35% | 17.37% | 17.21% |
| Promoter group | % |
|---|---|
| Nandanvan Commercial Private Limited | 17.21% |
| Public holders above 1% | % |
|---|---|
| Prakash Chand Goyal | 1.11% |
7,57,925 shareholders. Pledged: – of promoter shares.
Peers in Other Electrical Equipment
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| WAAREEENER | ₹66,706 cr | 17.5x | 4.6x | 23.0% | 33.2% | 20.2% | – | 0.08% |
| APARINDS | ₹59,456 cr | 50.3x | 11.0x | 11.6% | 32.9% | 8.7% | +16.9% | 0.35% |
| PREMIERENE | ₹38,159 cr | 22.6x | 8.8x | 46.7% | 29.7% | 30.0% | – | 0.08% |
| MTARTECH | ₹20,247 cr | 151.7x | 24.6x | 17.2% | 18.3% | 20.7% | +15.2% | – |
| DIACABS | ₹17,127 cr | 87.1x | – | – | 13.0% | 11.7% | – | – |
| EMMVEE | ₹16,647 cr | 11.6x | 3.8x | 53.0% | 34.1% | 34.7% | – | – |
| AVALON | ₹13,377 cr | 100.0x | 18.5x | 20.0% | 21.9% | 11.4% | +19.3% | 0.00% |
| UTLSOLAR | ₹11,168 cr | 36.1x | 8.8x | 23.1% | 25.4% | 14.6% | – | – |
| GENUSPOWER | ₹7,216 cr | 11.1x | 3.2x | 31.9% | 22.2% | 18.8% | +80.5% | 0.84% |
| URJA | ₹415 cr | 388.5x | 2.4x | 0.9% | 1.1% | 3.3% | +19.0% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Electric Vehicle | ₹50 cr | 74.7% | ₹-10 cr | -19.1% |
| Renewable Energy | ₹15 cr | 22.0% | ₹12 cr | 81.2% |
| Batteries | ₹2 cr | 3.3% | ₹0 cr | 6.9% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-08-21 | Other | Annual General Meeting |
| 2023-05-19 | Other | Annual General Meeting |
| 2022-09-16 | Other | Annual General Meeting |
| 2021-08-17 | Other | Annual General Meeting |
| 2021-01-14 | Rights | Rights 7:71 @ Premium Rs 4/- |
| 2020-09-22 | Other | Annual General Meeting |
| 2019-09-20 | Other | Annual General Meeting |
| 2018-09-19 | Other | Annual General Meeting |
| 2018-01-16 | Other | Extraordinary General Meeting |
| 2017-09-14 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Renewable Energy Developers and Operators: Urja is Engaged in Design, Consultancy, integration, supply, installation, commissioning & maintenance of off-grid and grid connected Solar Power Plants and decentralized Solar Application.
| Sector | Industrials |
| Industry | Other Electrical Equipment |
| Sub-industry | Other Electrical Equipment |
| Symbol | URJA |
| BSE code | 526987 |
| ISIN | INE550C01020 |
| Face value | ₹1.0 |
| Incorporated | 1992-05-29 |
| Website | www.urjaglobal.in |
| Plants (India / abroad) | 3 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.