URJA
Urja Global financials
- Market cap
- ₹474 Cr
- Sector
- Capital Goods
What Urja Global does
Urja Global Limited operates across electric vehicles, solar energy and battery manufacturing. It sells EV scooters (E-LIFE+, Chetna+, E-LIFE Pro) powered by lead-gel and lithium batteries, and holds a Solar PAN-India registration to install solar systems for customers nationwide. Its subsidiary Urja Batteries Limited manufactures lead-acid batteries for industrial, solar and standby-power applications. Distribution is extended through a nationwide distributorship channel and 'Urja Kendra' outlets set up at Gram Panchayats, while separate subsidiaries handle real-estate development (Sahu Minerals & Properties) and online/digital services (Urja Digital World).
Segments
- Electric Vehicles
- Solar Energy
- Battery Manufacturing
- Energy Storage
- Real Estate
- Digital Services
- EV manufacturing footprint
- Facilities in North & West India (expanding)
- Facility/works locations
- 3 (Nashik–Maharashtra; Bahadurgarh & Rohtak–Haryana)
- Battery manufacturing
- Lead-acid batteries for industrial, solar & standby power (Urja Batteries Ltd)
- Solar registration coverage
- PAN-India solar registration
- EV scooter model range
- 3 (E-LIFE+, Chetna+, E-LIFE Pro)
- Distribution network
- Nationwide distributorship + 'Urja Kendra' outlets at Gram Panchayats
Quarterly results
Q1 FY27: revenue up 17.6%, net profit up 1.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13 | 14 | 13 | 11 | 15 +21% | 15 +1% | 17 +36% | 13 +18% |
| EBITDA | 0 | 0 | 0 | 0 | 1 +875% | 1 +733% | 1 +239% | 1 +980% |
| Net profit | 0 | 0 | 1 | 1 | 1 +271% | 1 +65% | 1 −24% | 1 +2% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −35.7% 1Y
1Y: ₹14.03 on 10 Sept 2025 → ₹9.02. High ₹14.26 (18 Sept 2025), low ₹8.01 (30 Mar 2026).
Financials, as filed
Revenue grew 13.9% a year over 3 years, FY23 to FY26. Operating margin widened to 3.3%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹40 Cr | ₹44 Cr | ₹50 Cr | ₹59 Cr |
| Operating profit | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹2 Cr |
| Operating margin | 2.8% | 3.3% | 2.0% | 3.3% |
| Interest | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹2 Cr | ₹3 Cr | ₹2 Cr | ₹3 Cr |
| Net margin | 4.8% | 5.9% | 4.2% | 4.4% |
| Cash from operations | ₹-6 Cr | ₹-0 Cr | ₹-1 Cr | ₹-0 Cr |
| Free cash flow | ₹-6 Cr | ₹-0 Cr | ₹-2 Cr | ₹-0 Cr |
| ROCE | 1.4% | 1.8% | 1.4% | 1.7% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹52 Cr | ₹53 Cr | ₹53 Cr | ₹53 Cr | ₹53 Cr | ₹53 Cr |
| Reserves | ₹82 Cr | ₹89 Cr | ₹90 Cr | ₹92 Cr | ₹123 Cr | ₹95 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹10 Cr | ₹0 Cr |
| Other liabilities | ₹347 Cr | ₹375 Cr | ₹96 Cr | ₹88 Cr | ₹112 Cr | ₹40 Cr |
| Total liabilities | ₹481 Cr | ₹517 Cr | ₹239 Cr | ₹233 Cr | ₹297 Cr | ₹189 Cr |
| Fixed assets | ₹46 Cr | ₹46 Cr | ₹0 Cr | ₹0 Cr | ₹115 Cr | ₹1 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹46 Cr | ₹46 Cr | ₹0 Cr | ₹46 Cr |
| Investments | ₹53 Cr | ₹55 Cr | ₹55 Cr | ₹55 Cr | ₹1 Cr | ₹55 Cr |
| Other assets | ₹382 Cr | ₹415 Cr | ₹137 Cr | ₹131 Cr | ₹182 Cr | ₹86 Cr |
| Total assets | ₹481 Cr | ₹517 Cr | ₹239 Cr | ₹233 Cr | ₹297 Cr | ₹189 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +1.43 pp while promoters trimmed −1.28 pp. The shareholder count shrank 9% to 7,71,706.
- Promoters
- 17.4%
- FIIs
- 0.0%
- Public
- 82.6%
Since Jun 2025
- Public +1.43 pp
- Promoters −1.28 pp
- FIIs −0.14 pp
How it drifted, 12 quarters
Over this window the public went from 77.4% to 82.6% — +5.3 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 22.6%, FIIs 0.1%, Public 77.4%.Dec '23: Promoters 20.3%, Public 79.7%.Mar '24: Promoters 19.4%, FIIs 0.1%, Public 80.5%.Jun '24: Promoters 19.4%, FIIs 0.4%, Public 80.1%.Sep '24: Promoters 19.4%, FIIs 0.1%, Public 80.5%.Dec '24: Promoters 19.4%, FIIs 0.1%, Public 80.4%.Mar '25: Promoters 19.4%, FIIs 0.1%, Public 80.4%.Jun '25: Promoters 18.6%, FIIs 0.2%, Public 81.2%.Sep '25: Promoters 18.6%, FIIs 0.4%, Public 80.9%.Dec '25: Promoters 18.4%, FIIs 0.2%, Public 81.5%.Mar '26: Promoters 18.4%, FIIs 0.1%, Public 81.5%.Jun '26: Promoters 17.4%, FIIs 0.0%, Public 82.6%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Urja Global above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Nandanvan Commercial Private Limited | 17.37% | −0.98 pp |
| Prakash Chand Goyal | 1.11% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Urja Global
Guides on how to read this kind of business and the numbers that matter.