Water & wastewater EPC/HAM/O&M specialist diversifying into solar, wind and battery-storage IPP assets.
Price
Market Cap
Sector
Utilities
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 2 | 2 | 2 | 26 | 137 | 176 | 176 | 176 |
| Reserves | 26 | 35 | 69 | 101 | 155 | 819 | 963 | 1.1k |
| Borrowings | 26 | 30 | 17 | 65 | 234 | 234 | 295 | 422 |
| Other Liabilities | 56 | 45 | 59 | 157 | 235 | 270 | 142 | 387 |
| Total Liabilities | 111 | 112 | 148 | 348 | 761 | 1.5k | 1.6k | 2.0k |
| AssetsFixed Assets | 8 | 8 | 10 | 18 | 47 | 70 | 213 | 255 |
| CWIP | 0 | 0 | 0 | 0 | 1 | 0 | 2 | 114 |
| Investments | 0 | 0 | 0 | 0 | 0 | 9 | 52 | 67 |
| Other Assets | 103 | 104 | 137 | 329 | 713 | 1.4k | 1.3k | 1.6k |
| Total Assets | 111 | 112 | 148 | 348 | 761 | 1.5k | 1.6k | 2.0k |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -2 | 5 | 42 | 101 | -102 | -47 | -63 |
| Cash from Investing | -1 | -3 | -26 | -141 | -106 | -263 | -122 |
| Cash from Financing | 1 | -1 | -16 | 42 | 207 | 471 | 75 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — |
| Free Cash Flow | -4 | 4 | 38 | 90 | -135 | -93 | -245 |
| FCF Margin | — | — | — | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
EIEL · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.