Energy Development Company Limited, together with its subsidiaries, generates and sells electricity from water and wind to various electricity boards in India. It operates through three segments: Generation, Contract, and Trading. The company owns and operates 9 MW and 6 MW Harangi hydro-electric power plants in the state of Karnataka; 7 MW Ullunkal and 15 MW Karikkayam hydro-electric power plants in the state of Kerala; and 2 windmills with 1.5 MW each in the districts of Hassan and Chitradurga in Karnataka. It also constructs, develops, implements, operates, and maintains projects and consultancies; and trades in power equipment and metals. In addition, the company provides engineering, consultancy, and project management services for hydroelectric power plants; pre-project planning, project support, project preparation, post-construction, and detailed engineering services; third party power plant operations and maintenance services; and rehabilitation, renovation, modernization, and uprating consultancy and services for ageing hydro power plants. Further, it is involved in the cogeneration or the combined generation of heat and power from a single fuel source, such as bagasse. Energy Development Company Limited was incorporated in 1995 and is based in Kolkata, India.
Research context
Energy Development Company Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
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5 years, 6 months ago
Energy Development Company Limited is currently in a long term uptrend where the price is trading 28.4% above its 200 day moving average.
From a valuation standpoint, the stock is 67.0% cheaper than other stocks from the Utilities sector with a price to sales ratio of 1.5.
Energy Development Company Limited's total revenue rose by 12.5% to $124M since the same quarter in the previous year.
Its net income has increased by 178.6% to $21M since the same quarter in the previous year.
Finally, its free cash flow fell by 61.6% to $59M since the same quarter in the previous year.
Based on the above factors, Energy Development Company Limited gets an overall score of 4/5.