Energy Development Company Limited generates and sells electricity from water and wind in India. The company operates through three divisions: Generating, Contract, and Trading. The Generating division generates and sells power to various electricity boards. It has 15 MW of renewable energy capacity and has 270 MW of hydroelectric projects at various stages of development. This division owns and operates 9 MW and 6 MW Harangi hydro-electric power plants in the district of Kodagu, as well as two wind projects of 1.5 MW each in the cities of Hassan and Chitradurga in Karnataka; and a 7 MW Ullunkal hydroelectric power project and 15 MW Karikayam hydroelectric power project in the state of Kerala. This division also executes various hydroelectric projects in the state of Arunachal Pradesh. The Contract division develops energy and infrastructure projects for other developers. It offers engineering, consultancy, and project management services for hydroelectric power plants; engineering, procurement, and construction services; third party power plant operations and maintenance services; and rehabilitation, renovation, modernization, and uprating consultancy and services for ageing hydro power plants. This division is also involved in the cogeneration or the combined generation of heat and power from a single fuel source, such as bagasse. The Trading division trades in power equipment, metals, etc. Energy Development Company Limited was incorporated in 1995 and is based in Kolkata, India.

Energy Development Company Limited

Adani Green Energy Ltd. focuses on renewable energy production including solar, wind, and hybrid power generation. The company aims to achieve a renewable energy capacity of 50 GW by 2030.

Adani Green Energy Ltd.

The Malpani Group is a conglomerate operating in various sectors including real estate, theme parks, resorts, education, FMCG, and clean energy.  The self-described top 12 business cartel in India, founded by the late Mr. Damodarji Malpani, operates in Pune and Nashik.

Malpani Group

EDCL Group is involved in the generation of clean electricity from water and wind, along with developing energy and infrastructure projects. The company has a capacity of 19 MW of renewable energy and 291 MW of hydroelectric projects at various stages of development.

Metric
Company Name	Energy Development Company Limited	Adani Green Energy Ltd.	Malpani Group
Symbol	ENERGYDEV
MSH ID	COM:EDCLGROUP	COM:ADANIGREENENERGY	COM:MALPANI
Market	STOCKS	PRIVATE	PRIVATE
Sector	Utilities	Energy	Consumer Goods
Industry	Regulated Electric	Renewable Energy	Conglomerate
Country	IN	IN	IN
Stage		Post-IPO Debt
Employee Count	63
Website	edclgroup.com	adanigreenenergy.com	malpani.com
LinkedIn
Founders

Metric
Market Cap	14.66M
Enterprise Value
Monthly Web Traffic			3.59K
Web Traffic Growth			-0.41
Valuation
Raised Capital		400M

Metric
Revenue	3.54M
Revenue (LTM)
Revenue (NTM)
Gross Profit	701.92K
EBITDA	1.92M
Operating Income	701.92K
Net Income	-255.97K
EPS	-0.01
Diluted EPS	-0.01
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.39
Operating Profit Margin	0.27
EBITDA Margin	0.54
Net Profit Margin	-0.03
Return on Equity	-0.01
Return on Assets
Return on Capital Employed	0.04

COM:EDCLGROUP

EDCL Group

Last Close

27.06

25/11 09:40

Market Cap

1.24B

Beta: -

Volume Today

84.23K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	-40.17
P/B Ratio	1.32
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	4.94
EV Multiple	5.61

Metric
Days Sales Outstanding	683.83
Days Payables Outstanding	3.72K
Days Inventory Outstanding	10.48
Operating Cycle	639.81
Cash Conversion Cycle	407.09
Asset Turnover	0.09

Metric
Operating Cash Flow	414.15K
Free Cash Flow	412.26K
Cash Flow to Debt	0.13
Operating Cash Flow/Sales	0.69
Free Cash Flow Yield

Metric
Cash & Equivalents	2.12M
Accounts Receivable	-658.16K
Inventory	81.60K
Goodwill
Debt to Capitalization	0.60
Debt to Assets	0.44
Current Ratio	0.78
Quick Ratio	0.84

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue
R&D to Revenue
SG&A to Revenue