bell
The current prices are delayed by 15 mins, login to check live prices.
IRM Energy Ltd share price logo

IRM Energy Ltd

(IRMENERGY)

₹376.650.53%

as on 04:01PM, 13 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

IRM Energy Ltd Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for IRM Energy Ltd. An average target of ₹545

Source: S&P Global Market Intelligence

IRM Energy Ltd Share analysis

IRM Energy Ltd price forecast by 1 analysts

Upside of43.93%

High

₹545

Target

₹545.00

Low

₹545

IRM Energy Ltd target price ₹545, a slight upside of 43.93% compared to current price of ₹376.65. According to 1 analysts rating.

Source: S&P Global Market Intelligence

IRM Energy Ltd Performance

  • Day's Low

    Day's High

    ₹374
    ₹381.75
  • 52 Week's Low

    52 Week's High

    ₹360.6
    ₹641
1 Month Return+ 0.09 %
3 Month Return-17.34 %
1 Year Return-18.03 %
Previous Close₹378.65
Open₹377.40
Volume23.72K
Upper Circuit-
Lower Circuit-
Market Cap₹1,554.72Cr

IRM Energy Ltd Key Statistics

P/E Ratio23.89
PEG Ratio-2.49
Market Cap₹1,554.72 Cr
P/B Ratio2.15
EPS22.28
Dividend Yield0.32
SectorGas Distribution
ROE15.25

IRM Energy Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹1,554.72 Cr-3.99%0.60₹91 Cr₹890 Cr
BUY₹12,632.20 Cr4.49%0.52₹1,276 Cr₹6,290 Cr
HOLD₹21,502.10 Cr14.92%0.51₹2,183 Cr₹17,294 Cr
NA₹242.26 Cr-7.22%0.00₹8 Cr₹134 Cr
HOLD₹27,097.03 Cr-1.21%0.51₹1,983 Cr₹14,000 Cr

About IRM Energy Ltd

IRM Energy Limited was incorporated as a Private Limited Company in the name of IRM Energy Private Limited vide Certificate of Incorporation dated December 1 2015 issued by the Registrar of Companies Gujarat at Ahmedabad. Subsequently Company was converted from a Private Company to Public Company and the name of Company was changed to IRM Energy Limited through a Fresh Certificate of Incorporation dated March 23 2022 was issued by the RoC.The Company is a city gas distribution CGD company in India with operations at Banaskantha Gujarat Fatehgarh Sahib Punjab Diu Gir Somnath Union Territory of Daman and Diu/Gujarat and Namakkal Tiruchirappalli Tamil Nadu engaged in the business of laying building operating and expanding the city or local natural gas distribution network. The Company develop natural gas distribution projects in the geographical areas for industrial commercial domestic and automobile customers. The Company supply natural gas to two primary set of customer segments comprising of CNG Compressed Natural Gas and PNG Piped Natural Gas. CNG customers include operators of public transport vehicles such as taxis autorickshaws and private vehicles such as cars buses light goods vehicles and heavy goods vehicles. PNG customers are broadly classified into three segments which are industrial PNG small medium and largesized enterprises commercial PNG such as hotels restaurants bakeries hostels and community halls and domestic PNG predominantly using PNG as cooking gas.In 2017 the Company started operations by commissioning their first City Gate Station at Banaskantha commissioned Mother Station at Banaskantha commissioned DODO Station at Banaskantha in 2018 it commissioned a City Gate Station at Fatehgarh Sahib commissioned a Mother Station at Fatehgarh Sahib. Later in 2021 it commissioned the 50th CNG Stations including DODO Stations and OMC Stations in 2022 it commissioned LCNG Station at Gir Somnath commissioned over 35000 PNG domestic connections at Banaskantha in 2023 it commissioned over 50000 PNG domestic connections at Company level commissioned first CNG Station at Namakkal and Tiruchirappalli GA OMC Station.The Company propose Initial Public Fresh Issue of 10800000 Equity Shares..

Share Price: ₹376.65 per share as on 13 Dec, 2024 04:01 PM
Market Capitalisation: ₹1,554.72Cr as of today
Revenue: ₹231.52Cr as on September 2024 (Q3 24)
Net Profit: ₹12.94Cr as on September 2024 (Q3 24)
Listing date: 26 Oct, 2023
Chairperson Name: M S Sahu
OrganisationIRM Energy Ltd
Headquarters
IndustryGas Distribution
E-voting on sharesClick here to vote

Key events for IRM Energy Ltd

  • IRM Energy Reports Growth in Net Sales - 22 Nov, 2024

    IRM Energy's standalone net sales for September 2024 reached Rs 231.52 crore, a 5.18% increase from the previous year. However, net profit fell 53.84% to Rs 12.01 crore.

Insights on IRM Energy Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 224.04 Cr → 240.64 Cr (in ₹), with an average increase of 3.5% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 38.28% to 41.28% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.48% to 1.90% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 50.07% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 6.64% to 3.58% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 18.7 Cr → 12.01 Cr (in ₹), with an average decrease of 35.8% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, IRMENERGY stock has moved down by -17.3%

IRM Energy Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹220.12Cr (-)₹226.11Cr (↑2.72%)₹214.25Cr (↓5.25%)₹225.35Cr (↑5.18%)₹231.52Cr (↑2.74%)
Net Income₹28.10Cr (-)₹24.34Cr (↓13.38%)₹11.24Cr (↓53.82%)₹18.76Cr (↑66.90%)₹12.94Cr (↓31.02%)
Net Profit Margin12.77% (-)10.76% (↓15.74%)5.25% (↓51.21%)8.32% (↑58.48%)5.59% (↓32.81%)
Value in ₹ crore
Details2021202220232024
Total Assets₹338.37Cr (-)₹540.60Cr (↑59.77%)₹772.04Cr (↑42.81%)₹1,281.57Cr (↑66.00%)
Total Liabilities₹203.79Cr (-)₹292.71Cr (↑43.63%)₹426.26Cr (↑45.63%)₹342.59Cr (↓19.63%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹44.47Cr (-)₹49.88Cr (↑12.17%)₹128.64Cr (↑157.90%)₹46.70Cr (↓63.70%)₹120.32Cr (↑157.64%)

Index Inclusions

S&P BSE Energy

₹11,425.06

0.36 (40.73%)

BSE Small-Cap

₹56,957.46

-0.29 (-167.68%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

IRM Energy Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
50.07%
0.00
Foreign Institutions
1.9%
297.09
Mutual Funds
3.58%
-46.01
Retail Investors
41.28%
7.83
Others
3.17%
-30.00

IRM Energy Ltd Key Indicators

Details20202021202220232024
Return On Equity %38.9236.4769.6122.0315.25
Details20202021202220232024
Return On Assets %7.7810.3123.688.186.68
Details2024
Book Value Per Share (₹)221.79
Details2024
Earning Per Share (₹)22.28

IRM Energy Ltd Valuation

IRM Energy Ltd in the last 5 years

  • Overview

  • Trends

Lowest (17.12x)

June 4, 2024

Industry (19.72x)

December 12, 2024

Today (23.89x)

December 12, 2024

Highest (28.10x)

October 1, 2024

LowHigh

IRM Energy Ltd Earnings and Dividends

  • IRM Energy Ltd Earnings Results

    IRM Energy Ltd’s net profit fell -53.84% since last year same period to ₹12.01Cr in the Q2 2024-2025. On a quarterly growth basis, IRM Energy Ltd has generated -35.78% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • IRM Energy Ltd Dividends May,2024

    In the quarter ending March 2024, IRM Energy Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.40%.

    Read More about Dividends

IRM Energy Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

IRM Energy Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on IRM Energy Ltd

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy IRM Energy Ltd shares.

IRM Energy Ltd (IRMENERGY) share price today is ₹376.65

IRM Energy Ltd is listed on NSE

IRM Energy Ltd is listed on BSE

  • Today’s highest price of IRM Energy Ltd is ₹381.75.
  • Today’s lowest price of IRM Energy Ltd is ₹374.

PE Ratio of IRM Energy Ltd is 23.89

PE ratio = IRM Energy Ltd Market price per share / IRM Energy Ltd Earnings per share

Today’s traded volume of IRM Energy Ltd(IRMENERGY) is 23.72K.

Today’s market capitalisation of IRM Energy Ltd(IRMENERGY) is ₹1554.72Cr.

IRM Energy Ltd(IRMENERGYPrice
52 Week High
₹641
52 Week Low
₹360.6

IRM Energy Ltd(IRMENERGY) share price is ₹376.65. It is down -41.24% from its 52 Week High price of ₹641

IRM Energy Ltd(IRMENERGY) share price is ₹376.65. It is up 4.45% from its 52 Week Low price of ₹360.6

IRM Energy Ltd(IRMENERGYReturns
1 Day Returns
-2%
1 Month Returns
0.09%
3 Month Returns
-17.34%
1 Year Returns
-18.03%