GRE Renew Enertech Ltd

SMEBSE: 544682
Compare with peers
₹ 205.00▼ 10 (−4.65%)28 Oct, 03:27 pm IST
Market cap
₹ 307 Cr.
P/E
23.9x
P/B
4.05x
52-week range
77.5 – 278.55
ROE
27%
ROCE
35%
Dividend yield
0%
Debt / equity
0.02
Sector
Construction
Industry
Civil Construction
Listed on
BSE SME

About

GRE Renew Enertech Limited is engaged in the manufacturing of light-emitting diode (LED) products, solar power generation systems and power products. It provides solar energy solutions to industrial and commercial customers. It offers green energy solutions by installing on-site solar projects. Its business operations are divided into two segments: Capital Expenditure (CAPEX) and Renewable Energy Service Company (RESCO). Under the CAPEX model, it offers engineering, procurement, construction, and operation of solar projects. RESCO model (also known as the OPEX model or Build, own, operate, transfer (BOOT) or Independent Power Producer (IPP)) involves an energy company. Its solar solutions include GRE rooftop solar and GRE ground mounted solar. Its LED lighting products include GRE indoor LED lighting and GRE outdoor LED lights. Its rooftop solar solutions are installed in various industries, like industrial rooftop solar, residential rooftop solar, commercial rooftop solar and others.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Civil Construction: 182 companies →

GRE Renew Enertech Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)23.9 against a typical 14.4: pricier than most peers (1st = cheapest).123rd of 181
  • Share price, 3 months+9.6% against a typical −13.1%.23rd of 164
  • Size₹ 307 Cr. market value against a typical ₹ 148 Cr. (1st = largest).58th of 156

Share price

1Y change +124.78%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Mar 2025Mar 2026
Sales4274
Expenses3764
Operating Profit510
OPM %11%13%
Other Income02
Interest00
Depreciation00
Profit before tax511
Tax %27%26%
Net Profit38
EPS in Rs3.225.7

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
42%
3 Years
50%
TTM
45%
Compounded Profit Growth
10 Years
—
5 Years
89%
3 Years
150%
TTM
73%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
—
TTM
—
Return on Equity
10 Years
—
5 Years
37%
3 Years
39%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
69.99%
FIIs
0.38%
DIIs
8.79%
Public
20.85%

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 23.9xEPS (12 months) ₹ 8.45Median P/E 19.8x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
GRE Renew Enertech Ltd₹ 205.00₹ 307 Cr.23.9x4.1x27%—
Adani Power₹ 182.00₹ 70,196 Cr.33.1x6.5x21.2%23.9%
Power Grid Corporation of India₹ 247.20₹ 2,29,911 Cr.14.4x2.7x16.5%40%
NTPC₹ 298.00₹ 2,88,961 Cr.12.5x1.7x14%16%
Adani Green Energy₹ 1,185.00₹ 1,95,190 Cr.130.6x12.6x10.3%12.1%
Adani Energy Solutions₹ 1,219.85₹ 1,49,972 Cr.90.5x8.2x9.6%8.5%

Management

Alpeshkumar Laxmanji Agrawal
Chief Financial Officer
Rohan Jayeshbhai Dhruve
Compliance Officer, Company Secretary
Kamleshkumar Dahyalal Patel
Managing Director, Executive Director
Kirtikumar Kantilal Suthar
Whole Time Director
Mukeshkumar Prahlasbhai Trivedi
Whole Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.