Handles ash logistics for coal power plants, manufactures wind turbines, and runs corporate mobility fleets.
Price
Market Cap
Sector
Utilities
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 15 | 21 | 21 | 22 | 23 | 26 | 26 | 27 |
| Reserves | 60 | 119 | 163 | 292 | 442 | 1.2k | 1.2k | 1.5k |
| Borrowings | 9 | 74 | 85 | 149 | 215 | 286 | 174 | 225 |
| Other Liabilities | 53 | 128 | 112 | 288 | 118 | 300 | 612 | 1.1k |
| Total Liabilities | 138 | 341 | 381 | 752 | 798 | 1.8k | 2.0k | 2.8k |
| AssetsFixed Assets | 22 | 87 | 85 | 147 | 204 | 345 | 213 | 212 |
| CWIP | 0 | 0 | 0 | 3 | 9 | 17 | 13 | 18 |
| Investments | 0 | 74 | 74 | 74 | 74 | 31 | 39 | 0 |
| Other Assets | 116 | 181 | 222 | 529 | 512 | 1.4k | 1.8k | 2.6k |
| Total Assets | 138 | 341 | 381 | 752 | 798 | 1.8k | 2.0k | 2.8k |
| Line item | FY18 | FY19 | FY20 | FY21 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -4 | 44 | 12 | 123 | 28 | 3 | -248 | 107 |
| Cash from Investing | -1 | 0 | 5 | -122 | -78 | -42 | -105 | -268 |
| Cash from Financing | 4 | -41 | 1 | -5 | 60 | 62 | 602 | 65 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -5 | 42 | 12 | 118 | -44 | -43 | -414 | 47 |
| 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.
REFEX · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.