👋 Bhupendra Rawat
Stock Market Data Analyst | Programming Enthusiast | 4+ Years of Experience
Empowering insights with data & code🔍 Expertise:
- Fundamental & Technical Analysis
- Python & Pandas for Stock Data
- Interactive Financial Dashboards
- JavaScript & Chart.js Visualization
🔄 Last Updated: Analysis Based on Data Till 15 August 2025
Urja Global Share Price Target
Based on current market trends and financial performance, Urja Global is projected to reach a share price of around ₹20 in the coming months. The stock is currently trading above its 52-week low but significantly below the 52-week high, indicating potential upside if positive momentum and sector growth continue.
📉 Downside Risk: ₹12
📈 Upside Potential: ₹20 (approx. +40.00%)
🔎 Note: These figures are illustrative and not financial advice. Investors should analyze company fundamentals, market trends, and consult a licensed advisor before making decisions.
🏢 Company Overview
Urja Global is one of India’s leading renewable energy companies, engaged in the design, consultancy, integration, supply, installation, and maintenance of off-grid and grid-connected solar power plants. The company offers a wide range of solar products, including panels, batteries, inverters, and electric vehicles. With a strong focus on clean and sustainable energy solutions, Urja Global aims to drive India’s transition towards green energy while delivering value to its stakeholders and maintaining a growing presence in the renewable sector
📊 For Short-Term / Intraday Traders:
If you want daily trading levels, live analysis, and intraday strategies for Urja Global and other stocks — join our free Telegram group, where you get professional-level market insights and trading guidance every day.
📊 Looking for pro-level analytics and research for trading or investing? Join our 100% free lifetime Telegram group for powerful market insights, real-time stock ideas, and expert-level strategies — all at no cost.
🔗 Join Free Telegram GroupUrja Global: Revenue Growth, Profitability & Leverage Overview (2021–2025)
Urja Global’s revenue declined sharply—from ₹151.82 cr in 2021 to ₹68.49 cr in 2025—yielding a negative CAGR of –18.05%. Despite revenue volatility, net profit stayed positive, peaking at ₹2.04 cr in 2024 and settling at ₹1.38 cr in 2025. Net profit margins improved notably (2023–2025), though EPS remained flat at zero. ROE remained modest (0.5–1.2%), reflecting limited equity efficiency. However, the firm’s finances are solid—borrowings are minimal (Debt-to-Equity only 0.05 in 2025), and the liabilities-to-equity ratio has significantly improved. With strong liquidity and low debt, Urja Global is stable, but revenue instability and low returns may temper long-term growth hopes.
Urja Global: Cash Flow Analysis (2021–2025)
Over the last five years, Urja Global’s cash flow has shown significant fluctuations. In 2021, profit before tax was ₹2.18 crore, slightly declining to ₹2.03 crore in 2025. Except for 2023, cash flow from operating activities remained negative across all years, reaching -₹6.51 crore in 2025. Investing activities generated inflows of over ₹6 crore in both 2024 and 2025, while financing activities saw a major inflow of ₹8.75 crore in 2022 and an outflow of ₹1.10 crore in 2023. Overall, the closing cash position improved to ₹3.49 crore in 2025, but the persistent volatility in operating cash flow remains a concern.
✅ Fundamental Summary
Strengths:
The company has low debt and a strong equity base, indicating financial stability.
Recent improvement in net profit margin reflects a slightly positive trend in operational efficiency.
Weaknesses / Risks:
Revenue has been historically volatile, making the growth pattern uncertain.
Return on Equity (ROE) and Earnings Per Share (EPS) are low, which may limit shareholder returns.
Operating cash flow is negative, indicating challenges in cash generation from core business operations.
Investor Considerations:
The company’s financial position is stable, but growth and returns are moderate.
Investors should note that past performance does not guarantee future results.
For investors who prioritize low-risk and capital preservation, the company’s balance sheet is relatively safe.
For investors seeking high growth or aggressive returns, it may be advisable to wait until the company’s business and profitability stabilize.
📊 Urja Global Financial Overview (2021–2025)
| Particulars | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| EQUITIES AND LIABILITIES | |||||
| Equity Share Capital | 53.39 | 53.39 | 53.39 | 53.39 | 51.97 |
| Total Share Capital | 53.39 | 53.39 | 53.39 | 53.39 | 51.97 |
| Reserves and Surplus | 121.86 | 120.54 | 118.50 | 116.98 | 110.74 |
| Total Reserves and Surplus | 121.86 | 120.54 | 118.50 | 116.98 | 110.74 |
| Total Shareholders Funds | 175.25 | 173.93 | 171.89 | 170.37 | 162.71 |
| Hybrid/Debt/Other Securities | 0.00 | 0.05 | 0.05 | 0.05 | 0.05 |
| Minority Interest | 14.36 | 14.38 | 9.38 | 9.37 | 9.38 |
| NON-CURRENT LIABILITIES | |||||
| Long Term Borrowings | 5.39 | 0.18 | 0.18 | 0.18 | 0.18 |
| Other Long Term Liabilities | 38.58 | 48.39 | 68.89 | 333.60 | 2.82 |
| Total Non-Current Liabilities | 43.97 | 48.57 | 69.07 | 333.77 | 3.00 |
| CURRENT LIABILITIES | |||||
| Short Term Borrowings | 2.90 | 1.99 | 3.16 | 2.42 | 0.00 |
| Trade Payables | 6.77 | 7.21 | 8.53 | 35.03 | 342.54 |
| Other Current Liabilities | 47.76 | 36.48 | 23.21 | 13.77 | 11.65 |
| Total Current Liabilities | 57.43 | 45.67 | 34.90 | 51.22 | 354.19 |
| Total Capital And Liabilities | 291.00 | 282.60 | 285.29 | 564.79 | 529.32 |
| ASSETS | |||||
| Tangible Assets | 5.30 | 89.19 | 94.89 | 94.02 | 94.20 |
| Capital Work-In-Progress | 78.98 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Assets | 84.29 | 89.19 | 94.89 | 94.02 | 94.20 |
| Non-Current Investments | 0.00 | 0.70 | 0.65 | 0.65 | 0.65 |
| Deferred Tax Assets [Net] | 0.01 | 0.01 | 0.03 | 0.03 | 0.03 |
| Other Non-Current Assets | 80.65 | 84.05 | 91.19 | 328.16 | 0.55 |
| Total Non-Current Assets | 208.68 | 217.84 | 230.63 | 466.73 | 139.31 |
| CURRENT ASSETS | |||||
| Inventories | 40.57 | 39.18 | 10.29 | 13.77 | 7.91 |
| Trade Receivables | 22.77 | 15.07 | 0.06 | 59.02 | 361.83 |
| Cash And Cash Equivalents | 3.49 | 1.24 | 0.52 | 5.54 | 0.44 |
| Short Term Loans And Advances | 7.84 | 0.00 | 17.87 | 17.61 | 0.00 |
| Other Current Assets | 7.65 | 9.27 | 25.92 | 2.12 | 19.83 |
| Total Current Assets | 82.32 | 64.76 | 54.66 | 98.06 | 390.01 |
| Total Assets | 291.00 | 282.60 | 285.29 | 564.79 | 529.32 |
| OTHER ADDITIONAL INFORMATION | |||||
| Contingent Liabilities | 0.00 | 0.00 | 1.58 | 1.58 | 0.04 |
| Non-Current Investments Unquoted Book Value | 0.00 | 0.70 | 0.65 | 0.65 | 0.65 |
| Particulars | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| INCOME | |||||
| Revenue From Operations [Gross] | 67.25 | 44.47 | 39.58 | 72.97 | 148.46 |
| Revenue From Operations [Net] | 67.25 | 44.47 | 39.58 | 72.97 | 148.46 |
| Total Operating Revenues | 67.25 | 44.47 | 39.58 | 72.97 | 148.46 |
| Other Income | 1.24 | 1.49 | 1.83 | 1.57 | 3.36 |
| Total Revenue | 68.49 | 45.96 | 41.41 | 74.53 | 151.82 |
| EXPENSES | |||||
| Purchase Of Stock-In Trade | 54.60 | 53.03 | 39.34 | 73.83 | 143.35 |
| Changes In Inventories Of FG, WIP And Stock-In Trade | -1.39 | -19.16 | -6.25 | -5.86 | 1.78 |
| Employee Benefit Expenses | 4.48 | 2.75 | 2.18 | 1.57 | 1.22 |
| Finance Costs | 0.62 | 0.66 | 0.91 | 0.74 | 0.63 |
| Depreciation And Amortisation Expenses | 0.38 | 0.29 | 0.31 | 0.34 | 0.47 |
| Other Expenses | 7.77 | 5.54 | 2.94 | 2.91 | 2.19 |
| Total Expenses | 66.46 | 43.11 | 39.43 | 73.54 | 149.64 |
| PROFIT / LOSS | |||||
| Profit/Loss Before Exceptional, ExtraOrdinary Items And Tax | 2.03 | 2.85 | 1.98 | 0.99 | 2.18 |
| Profit/Loss Before Tax | 2.03 | 2.85 | 1.98 | 0.99 | 2.18 |
| TAX EXPENSES - CONTINUED OPERATIONS | |||||
| Current Tax | 0.65 | 0.79 | 0.45 | 0.22 | 0.43 |
| Deferred Tax | 0.00 | 0.01 | 0.00 | 0.00 | 0.01 |
| Total Tax Expenses | 0.65 | 0.81 | 0.45 | 0.23 | 0.44 |
| NET PROFIT / LOSS | |||||
| Profit/Loss After Tax And Before ExtraOrdinary Items | 1.38 | 2.04 | 1.53 | 0.77 | 1.74 |
| Profit/Loss From Continuing Operations | 1.38 | 2.04 | 1.53 | 0.77 | 1.74 |
| Profit/Loss For The Period | 1.38 | 2.04 | 1.53 | 0.77 | 1.74 |
| Consolidated Profit/Loss After MI And Associates | 1.38 | 2.04 | 1.53 | 0.77 | 1.74 |
| OTHER ADDITIONAL INFORMATION | |||||
| Earnings Per Share | |||||
| Dividend And Dividend Percentage | |||||
| Particulars | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 |
|---|---|---|---|---|---|
| Investment Valuation Ratios | |||||
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Dividend Per Share | -- | -- | -- | -- | -- |
| Operating Profit Per Share (Rs) | 0.03 | 0.04 | 0.02 | 0.01 | 0.00 |
| Net Operating Profit Per Share (Rs) | 1.26 | 0.80 | 0.71 | 1.31 | 2.86 |
| Free Reserves Per Share (Rs) | -- | -- | -- | -- | -- |
| Bonus in Equity Capital | -- | -- | -- | -- | -- |
| Profitability Ratios | |||||
| Operating Profit Margin (%) | 2.65 | 5.20 | 3.44 | 0.69 | -0.05 |
| Profit Before Interest And Tax Margin (%) | 2.05 | 4.39 | 2.54 | 0.22 | -0.36 |
| Gross Profit Margin (%) | 2.09 | 4.54 | 2.66 | 0.23 | -0.36 |
| Cash Profit Margin (%) | 2.57 | 5.06 | 4.43 | 1.48 | 1.45 |
| Adjusted Cash Margin (%) | 2.57 | 5.06 | 4.43 | 1.48 | 1.45 |
| Net Profit Margin (%) | 2.05 | 4.57 | 3.85 | 1.05 | 1.16 |
| Adjusted Net Profit Margin (%) | 2.01 | 4.42 | 3.68 | 1.03 | 1.14 |
| Return On Capital Employed (%) | 1.44 | 1.99 | 1.64 | 1.00 | 1.72 |
| Return On Net Worth (%) | 0.78 | 1.17 | 0.88 | 0.45 | 1.06 |
| Adjusted Return on Net Worth (%) | 0.78 | 1.17 | 0.88 | 0.45 | 1.06 |
| Return on Assets Excluding Revaluations | 3.55 | 3.38 | 3.25 | 3.23 | 3.31 |
| Return on Assets Including Revaluations | 3.55 | 3.38 | 3.25 | 3.23 | 3.31 |
| Return on Long Term Funds (%) | 1.46 | 2.01 | 1.67 | 1.01 | 1.72 |
| Liquidity And Solvency Ratios | |||||
| Current Ratio | 1.65 | 1.58 | 1.41 | 1.11 | 1.09 |
| Quick Ratio | 1.31 | 1.19 | 1.35 | 1.08 | 1.07 |
| Debt Equity Ratio | 0.05 | 0.01 | 0.02 | 0.02 | -- |
| Long Term Debt Equity Ratio | 0.03 | -- | -- | -- | -- |
| Debt Coverage Ratios | |||||
| Interest Cover | 4.26 | 5.29 | 3.18 | 2.34 | 4.43 |
| Total Debt to Owners Fund | 0.05 | 0.01 | 0.02 | 0.02 | 0.00 |
| Financial Charges Coverage Ratio | 4.87 | 5.73 | 3.52 | 2.79 | 5.18 |
| Financial Charges Coverage Ratio Post Tax | 3.83 | 4.51 | 3.02 | 2.49 | 4.48 |
| Management Efficiency Ratios | |||||
| Inventory Turnover Ratio | 1.66 | 1.13 | 3.85 | 5.30 | 18.77 |
| Debtors Turnover Ratio | 3.55 | 5.88 | 1.34 | 0.35 | 0.44 |
| Investments Turnover Ratio | 0.37 | 0.25 | 0.23 | 0.42 | 0.91 |
| Fixed Assets Turnover Ratio | 0.80 | 0.46 | 0.40 | 0.75 | 1.54 |
| Total Assets Turnover Ratio | 0.44 | 0.30 | 0.28 | 0.53 | 1.16 |
| Asset Turnover Ratio | 0.35 | 0.24 | 0.22 | 0.41 | 0.88 |
| Average Raw Material Holding | -- | -- | -- | -- | -- |
| Average Finished Goods Held | -- | -- | -- | -- | -- |
| Number of Days In Working Capital | -100.05 | -300.29 | -663.02 | -1,432.95 | 32.38 |
| Profit & Loss Account Ratios | |||||
| Material Cost Composition | 81.19 | 119.24 | 99.39 | 101.18 | 96.55 |
| Imported Composition of Raw Materials Consumed | -- | -- | -- | -- | -- |
| Selling Distribution Cost Composition | -- | -- | 0.11 | 0.05 | 0.01 |
| Expenses as Composition of Total Sales | -- | -- | -- | -- | -- |
| Cash Flow Indicator Ratios | |||||
| Dividend Payout Ratio Net Profit | -- | -- | -- | -- | -- |
| Dividend Payout Ratio Cash Profit | -- | -- | -- | -- | -- |
| Earning Retention Ratio | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cash Earning Retention Ratio | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Adjusted Cash Flow Times | 4.71 | 0.95 | 1.84 | 2.39 | 0.10 |
| Particulars | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 |
|---|---|---|---|---|---|
| Consolidated Cash Flow | |||||
| Net Profit Before Tax | 2.03 | 2.85 | 1.98 | 0.99 | 2.18 |
| Net Cash From Operating Activities | -6.51 | -8.64 | 0.92 | -8.30 | -7.16 |
| Net Cash (used in)/from Investing Activities | 6.35 | 6.64 | 0.65 | -0.78 | 1.66 |
| Net Cash (used in)/from Financing Activities | 2.41 | 2.66 | -1.10 | 8.75 | 5.50 |
| Net (decrease)/increase In Cash and Cash Equivalents | 2.25 | 0.66 | 0.47 | -0.34 | 0.00 |
| Opening Cash & Cash Equivalents | 1.24 | 0.58 | 0.05 | 0.39 | 0.39 |
| Closing Cash & Cash Equivalents | 3.49 | 1.24 | 0.52 | 0.05 | 0.39 |
✨ Urja Global Ltd. (URJA) 📊 Fundamental Analysis
Revenue Volatility with Improving Profit Margins
Urja Global has experienced significant fluctuations in revenue over the past five years, but recent improvements in net profit margins and controlled debt indicate better financial management.
🔸 Revenue & Growth (CAGR: -18.05%)
| Year | Revenue (₹ Cr) | Growth (%) |
|---|---|---|
| 2021 | 151.82 | — |
| 2022 | 74.53 | -50.91% |
| 2023 | 41.41 | -44.44% |
| 2024 | 45.96 | +10.99% |
| 2025 | 68.49 | +49.02% |
📉 Revenue has been volatile, with steep declines in 2022–2023 followed by recovery in 2024–2025.
🔸 Net Profit & Margins
| Year | Net Profit (₹ Cr) | Net Profit Margin (%) |
|---|---|---|
| 2021 | 1.74 | 1.15 |
| 2022 | 0.77 | 1.03 |
| 2023 | 1.53 | 3.69 |
| 2024 | 2.04 | 4.44 |
| 2025 | 1.38 | 2.01 |
💡 Net profit margins improved significantly after 2022 despite fluctuating revenues.
🔸 EPS (Earnings Per Share)
| Year | EPS (₹) | EPS Growth (%) |
|---|---|---|
| 2021 | 0 | — |
| 2022 | 0 | — |
| 2023 | 0 | — |
| 2024 | 0 | — |
| 2025 | 0 | — |
📊 EPS remained zero, reflecting nominal earnings per share due to small capital or rounding.
🔸 Return on Equity (ROE)
| Year | Net Profit (₹ Cr) | Average Equity (₹ Cr) | ROE (%) |
|---|---|---|---|
| 2021 | 1.74 | — | — |
| 2022 | 0.77 | 166.54 | 0.46 |
| 2023 | 1.53 | 171.13 | 0.89 |
| 2024 | 2.04 | 172.91 | 1.18 |
| 2025 | 1.38 | 174.59 | 0.79 |
📈 ROE remains low but consistent, indicating modest returns on equity.
🔸 Debt Metrics
| Year | Total Borrowings (₹ Cr) | Shareholders’ Funds (₹ Cr) | Debt-to-Equity |
|---|---|---|---|
| Mar 21 | 0.18 | 162.71 | 0.00 |
| Mar 22 | 2.60 | 170.37 | 0.02 |
| Mar 23 | 3.34 | 171.89 | 0.02 |
| Mar 24 | 2.17 | 173.93 | 0.01 |
| Mar 25 | 8.29 | 175.25 | 0.05 |
💳 Borrowings are low relative to equity, indicating strong financial stability.
🔸 Liabilities-to-Equity Ratio
| Year | Total Liabilities (₹ Cr) | Shareholders’ Funds (₹ Cr) | Ratio |
|---|---|---|---|
| Mar 21 | 357.19 | 162.71 | 2.20 |
| Mar 22 | 384.99 | 170.37 | 2.26 |
| Mar 23 | 103.97 | 171.89 | 0.60 |
| Mar 24 | 94.24 | 173.93 | 0.54 |
| Mar 25 | 101.40 | 175.25 | 0.58 |
⚖️ Liabilities-to-equity ratio is now moderate, reflecting balanced financial leverage.
🔸 Liquidity Ratios
| Year | Current Ratio | Quick Ratio |
|---|---|---|
| 2021 | — | — |
| 2022 | 1.11 | 1.08 |
| 2023 | 1.41 | 1.35 |
| 2024 | 1.58 | 1.19 |
| 2025 | 1.65 | 1.31 |
💧 Liquidity ratios indicate that Urja Global has sufficient short-term assets to meet liabilities.
✅ Summary: Is Urja Global a Good Long-Term Investment?
- Strengths:
📈 Improving profit margins
💳 Low debt and strong equity base
⚖️ Balanced liabilities-to-equity ratio - Risks:
⚠️ Highly volatile revenue
⚠️ Low ROE may limit long-term returns
🧠 Final Verdict:
Urja Global is a financially stable company with low leverage, but revenue volatility and modest ROE indicate cautious optimism for long-term investors.
Urja Global Shareholding Pattern (Jun 2025)
| Category | No. of Shares | Percentage | % Change QoQ |
|---|---|---|---|
| Promoters | 10,39,17,761 | 18.65% | -0.78 |
| Pledge | 0 | 0.00% | 0.00 |
| FII | 8,94,133 | 0.16% | +0.04 |
| Others | 45,23,94,106 | 81.19% | +0.73 |
Urja Global Shareholding Pattern (June 2025)
Promoters hold 10,39,17,761 shares, which is 18.65% of the total stake, showing a decline of 0.78% compared to the previous quarter. There are no pledged shares. Foreign Institutional Investors (FIIs) own 0.16% (8,94,133 shares), reflecting a slight increase of 0.04%. The remaining 81.19% (45,23,94,106 shares) are held by public and other investors, up by 0.73%.
In simple terms, Urja Global’s shareholding this quarter shows promoters holding a smaller portion of the stake than before, while public investors and FIIs have seen a small increase in their shareholding.
📈Urja Global Technical Analysis: Price Charts, Trends & Potential Movements
Here, we analyze price action, support/resistance levels, moving averages, RSI, MACD, and other indicators to forecast near- and long-term movements
Urja Global – 52-Week Price Performance Snapshot
52-Week Low: ₹11.25
52-Week High: ₹24.06
Current Market Price: ₹13.07
Urja Global is trading 16.18% above its 52-week low and 45.68% below its 52-week high, showing that the stock is still in the lower range of its yearly price band. While it has recovered slightly from its lows, the significant gap from its peak suggests potential upside if market sentiment improves. However, the current positioning also reflects cautious investor sentiment, making it a higher-risk, higher-reward opportunity for those considering exposure to the renewable energy and electric mobility sectors.
📊 Urja Global (URJA.NS) – Moving Averages Snapshot
50-Day Moving Average: ₹14.78
200-Day Moving Average: ₹15.19
Urja Global is currently trading close to its 50-day moving average and slightly below its 200-day average, reflecting steady short-term momentum but some medium-term resistance. The 200-day average is acting as a hurdle for sustained upward movement, while holding near the 50-day average shows resilience in the near term. For investors, a break above the 200-day mark could open the door for a stronger long-term uptrend.