XL Energy share price

BSE: 532788Telecom - Equipment & Accessories

XL Energy Limited · Formerly XL Telecom & Energy · Face value ₹10 · Listed Dec 2006

Trading suspended since 11 Mar 2020

Last traded ₹0.25 on 9 Mar 2020

Latest announcements

Routine notices left out.

Share price history

Daily closes since Jan 2007, BSE closes Jan 2007 to Jul 2010, in Jun 2013, in Jul 2013, in Jul 2013, in Jul 2013, in Aug 2013, in Aug 2013, in Aug 2013, in Sep 2013, in Sep 2013, in Sep 2013, Sep 2013 to Oct 2013, in Oct 2013, in Oct 2013, in Oct 2013, in Nov 2013, in Nov 2013, in Dec 2013, in Dec 2013, in Jan 2014, in Jan 2014, in Feb 2014, in Feb 2014, in Mar 2014, in Mar 2014, in Feb 2015, in Apr 2015, in Apr 2015, in Jul 2015, in Aug 2015, in Aug 2015, in Sep 2015, Oct 2015 to Nov 2015, in Nov 2015, in Nov 2015, in Dec 2015, in Jan 2016, in Jan 2016, in Feb 2016, in Feb 2016, in Feb 2016, in Feb 2016, in Feb 2016, in Mar 2016, in Mar 2016, in May 2016, in May 2016, in May 2016, in May 2016, in May 2016, in Jun 2016, in Jun 2016, in Aug 2016, in Sep 2016, in Sep 2016, in Sep 2016, in Sep 2016, in Oct 2016, in Nov 2016, in Dec 2016, in Dec 2016, in Dec 2016, in Jan 2017, in Jan 2017, in Jan 2017, in Jan 2017, in Feb 2017, in Mar 2017, in Jun 2017, in Jun 2017, in Jun 2017, in Jul 2017, in Jul 2017, in Aug 2017, in Aug 2017, in Sep 2017, in Nov 2017, in Nov 2017, in Dec 2017, in Jan 2018, in Mar 2018, in Mar 2018, in Apr 2018, in May 2018, in Jun 2018, in Jun 2018, in Jun 2018, in Jun 2018, in Jul 2018, in Sep 2018, in Oct 2018, in Oct 2018, in Dec 2018, in Jan 2019, in Apr 2019, in May 2019 and in Jun 2019, adjusted for splits and bonuses

Daily close, ₹ per share

Q1 results, quarter to Jun 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹26 Cr
Operating profit
₹3.01 Cr
Net profit
₹2.71 Cr
Earnings per share
₹16.94
Operating margin
11.4%
Net margin
10.3%

From revenue to net profit, ₹ crore

  1. Revenue26
  2. Materials and goods−23
  3. Employee costs0.0
  4. Other expenses−0.6
  5. Operating profit3.0
  6. Depreciation0.0
  7. Other income0.0
  8. Finance costs−0.3
  9. Profit before tax2.7
  10. Tax0.0
  11. Net profit2.7

XL Energy results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2026. Results for the quarter to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 2400.3Mar 250−0.1Jun 250−0.5Sep 2500.0Dec 250−2.5Mar 26262.7Jun 26
Peak revenue ₹26 Cr, quarter to Jun 2026; lowest ₹0.00 Cr, quarter to Mar 2025Back to profit in the quarter to Jun 2026, ₹2.71 Cr

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
11.4%10.3%11.4%10.3%Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Jun 26
₹ croreMar 2025Q4Jun 2025Q1Sep 2025Q2Dec 2025Q3Mar 2026Q4Jun 2026Q1
Revenue from operations0.00.00.00.00.026.4
0.00.10.70.02.623.4
Materials and goods bought0.00.00.00.02.522.8
Employee costs0.00.00.00.00.00.0
Other expenses0.00.10.70.00.10.6
Operating profit before depreciation0.0−0.1−0.70.0−2.63.0
Operating margin–––––11.4%
Depreciation and amortisation0.00.00.00.00.00.0
Other income0.30.00.20.00.10.0
Finance costs0.00.00.00.00.00.3
One-off items0.00.00.00.00.00.0
Profit before tax0.3−0.1−0.50.0−2.52.7
Tax0.00.00.00.00.00.0
Tax rate0.0%––0.0%–0.0%
Net profit0.3−0.1−0.50.0−2.52.7
Net margin–––––10.3%
Earnings per share₹0.12−₹0.02−₹3.07₹0.00−₹15.85₹16.94
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Sep 2021, Dec 2021, Mar 2022, Jun 2022, Sep 2022, Dec 2022, Mar 2023, Jun 2023, Sep 2023, Dec 2023, Mar 2024, Jun 2024, Sep 2024 and Dec 2024.

10 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
1.1−2.0Mar 170.4−1.6Mar 180.2−100790Mar 19Mar 20Mar 21Mar 22Mar 23Mar 2400.2745Mar 250−3.1751Mar 26
Peak revenue ₹1.06 Cr, year to Mar 2017; lowest ₹0.00 Cr, year to Mar 2025A loss in the year to Mar 2026, −₹3.08 Cr

Operating and net margin, per cent

  • Operating margin
  • Net margin
−167.5%−60,899.5%−167.5%−434.7%−372.3%−190.7%−376.2%−60,899.5%Mar 17Mar 19Mar 21Mar 23Mar 25Mar 26

Results for the year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue0.0
  2. Materials and goods−2.5
  3. Employee costs0.0
  4. Other expenses−0.9
  5. Operating profit−3.4
  6. Depreciation0.0
  7. Other income+0.3
  8. One-off items0.0
  9. Finance costs0.0
  10. Profit before tax−3.1
  11. Tax0.0
  12. Net profit−3.1

What the company owns

  • Inventory₹33 Cr
  • Plant, investments and other assets₹1 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Borrowings₹751 Cr
  • Owed to suppliers₹30 Cr

Profit and loss

Standalone, ₹ crore, years to March. No results on record for the years to Mar 2020, Mar 2021, Mar 2022, Mar 2023 and Mar 2024. The last column is the twelve months to Jun 2026, the latest four quarters added.

₹ croreMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026Twelve months
Revenue from operations100–––––0026
321–––––0327
Materials and goods bought100–––––0325
Employee costs000–––––000
Other expenses220–––––011
Operating profit before depreciation−2−2−1–––––0−30
Operating margin−167.5%−434.7%−372.3%––––––––
Materials, % of revenue105.1%87.3%95.0%––––––––
Employee costs, % of revenue18.2%54.6%126.9%––––––––
Other expenses, % of revenue144.2%392.9%250.4%––––––––
Depreciation and amortisation000–––––000
Operating profit after depreciation−2−2−1–––––0−30
Other income000–––––100
Finance costs000–––––000
Profit before one-off items and tax−2−2−1–––––0−30
One-off items–0−100–––––000
Profit before tax−2−2−100–––––0−30
Tax––0–––––000
Net profit−2−2−100–––––0−30
Net margin−190.7%−376.2%−60,899.5%––––––––

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
−351–––––−735−746
Share capital127–––––232
Reserves−477–––––−757−748
790–––––745751
793–––––74530
25–––––0751
Total assets467–––––1134
413–––––100
54–––––134
Net debt790–––––745751
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March.

₹ croreMar 2025Mar 2026
−5.3−0.9
−4.92.5
Inventories0.0−33.4
Payables−1.329.9
Other working capital−3.65.9
Capital spending0.00.0
Free cash flow−5.3−0.9
Cash from investing0.00.0
5.30.9
Dividends paid0.00.0
Shares bought back0.00.0
Shares issued0.00.0
Net change in cash0.00.0
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018 and Mar 2019.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Earnings per share−₹0.89−₹0.71−₹43.99–––––₹0.07−₹19.24
Diluted earnings per share−₹0.89−₹0.71−₹43.99–––––₹0.07−₹19.24
Book value per share––−₹154.07–––––−₹322.55−₹4,660.90
Market cap at the year end (₹ crore)5.47–2.16–––––––

Ratios

Standalone, years to March.

RatioMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue growth−59.7%−61.6%–––––––
Return on equity–28.6%–––––––
Return on capital employed–−0.2%–––––−3.9%−76.2%
Cash conversion–––––––−3,336.8%–
Receivable days–1,19,427–––––––
Inventory days–270––––––4,826
Payable days–3,215––––––4,332
Cash conversion cycle, days–1,16,482–––––––
Working capital days–1,13,821–––––––
Asset turnover–0.00–––––0.000.00
Assets per rupee of net worth–−1.33–––––−0.01−0.03
Sales per rupee of plant–0.00–––––––
Plant being built, % of plant in use–258.0%–––––––
Interest cover is left blank for the years to Mar 2017, Mar 2018, Mar 2019 and Mar 2026: operating profit after depreciation is a loss, and a loss covers no interest bill. Debt to equity is left blank for the years to Mar 2019, Mar 2025 and Mar 2026: net worth is below zero, so there is no shareholders' money to set the borrowings against. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2026.

Return on assets, latest year
−13.7%
Measure3 years
Return on capital employed, average−40.1%
Asset turnover, average0.00

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ croreLatest year
Cash from operations−0.87
Cash from investing0.00
Cash from financing0.88
Capital spending0.00
Dividends paid0.00
Shares bought back0.00
Shares issued for cash0.00
Borrowings raised0.00
Borrowings repaid0.00

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Altman Z-scorePublished threshold 1.1−15.61–––––−687.13−71.67
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets–––––––−9.79
Effective tax ratePublished threshold 17.16 per cent––––––0.00–
Tax charged less tax paid, % of profitOur threshold 10 percentage points––––––0.00–
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2019 the company reports one business segment, Manufacture of Solar Photovoltaic Cells, Panels and Modules, which carries all its revenue.

Who owns XL Energy, filing by filing

Per cent of the company's shares. Every filing on record, from Jun 2025; the latest is the filing for Sep 2026.

Sep 2026 filing

  • Promoters95.00%
  • Individuals and others5.00%

Shareholding pattern, per cent

  • Promoters
  • Individuals and others
95.00%5.00%22.23%95.00%95.00%95.00%95.00%95.00%77.77%5.00%5.00%5.00%5.00%5.00%Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Per centJun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
22.23%95.00%95.00%95.00%95.00%95.00%
Indian promoters22.23%95.00%95.00%95.00%95.00%95.00%
77.77%5.00%5.00%5.00%5.00%5.00%
Shares in issue2,27,74,39716,01,10016,01,10016,01,10016,01,10016,01,100
Shares locked in–15,21,00015,21,00015,21,00015,21,00015,21,000
Promoters' shares locked in–15,21,00015,21,00015,21,00015,21,00015,21,000
A dash is a line the filing did not state.

Number of XL Energy shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

19,177Jun 259,929Sep 259,929Dec 259,929Mar 269,929Jun 269,929Sep 26
ShareholdersJun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
All shareholders19,1779,9299,9299,9299,9299,929
733333
Indian promoters733333
19,1709,9269,9269,9269,9269,926
A dash is a line the filing did not state.

XL Energy promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is ADWAITA NAVIGATIONS PRIVATE LIMITED, 85.02%.

Holder
ADWAITA NAVIGATIONS PRIVATE LIMITEDIndian companies, trusts and others85.02%13,61,295100.00%
KARISHMA JAINIndividuals and Hindu undivided families4.99%79,853100.00%
JUPITER CITY DEVELOPERS (INDIA) LIMITEDIndian companies, trusts and others4.99%79,852100.00%
No promoter shares are reported as pledged. Locked in is the share of the holder's own shares that cannot be sold yet, as after a listing or an allotment.

Largest public holders of XL Energy, filing by filing

Per cent, on the same shares as the split above.

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
SANJAY MITTRAResident individuals, over ₹2 lakh at face value4.17%–––––
BUSINESSMATCH SERVICES (INDIA) PRIVATE LIMITEDCompanies2.55%–––––
THUNUGUNTLA HARITHAResident individuals, over ₹2 lakh at face value1.95%–––––
SHASHI GARGResident individuals, over ₹2 lakh at face value1.21%–––––
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.

XL Energy dividend calendar

Each payment in the month it went ex, as declared, ₹ a share at the time. Years running counted to the year to Mar 2026.

Dividends by the month each went ex
YearJanFebMarAprMayJunJulAugSepOctNovDecIn the year
2008₹1.50₹1.50

Interim or final dividendSpecial dividendNone that month

XL Energy dividend history

Every payment with its ex-date and record date, year by year.

2008

  • Dec18Thu

    ₹1.50Final

    Ex-date 18 Dec 2008 · books closed to 24 Dec 2008

    2.76%of the price

Grouped by the calendar year each went ex, so a year's total here can differ from the year it was paid for above. Of the price is the dividend as a share of the close on the session before its ex-date. A book closure is the run of days the company's register is frozen to settle who is paid; a record date is the one-day form of it.

XL Energy share price by year

Each calendar year to 2020.

YearClose at year endChangeHighest closeLowest close
20200.25−50.0%0.500.25
2019BSE close0.50−50.0%1.050.40
2018BSE close1.00−74.7%4.800.95
2017BSE close3.95+43.6%4.101.50
2016BSE close2.75−17.9%4.902.50
2015BSE close3.35+39.6%6.001.85
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2020 close is its last trade, on 9 Mar 2020.

Recent sessions

The 10 trading days to 9 Mar 2020, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
9 Mar 20200.250.350.250.250.30692
2 Mar 20200.250.300.250.300.282,101
24 Feb 20200.350.350.300.300.3316,864
17 Feb 20200.350.350.350.350.353,466
10 Feb 20200.400.450.400.400.414,058
3 Feb 20200.400.450.400.450.407,530
27 Jan 20200.500.500.450.450.458,200
8 Jan 20200.500.500.400.500.469,670
7 Jan 20200.450.500.450.450.465,948
6 Jan 20200.550.550.450.450.482,219
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
13 Nov 2015Price move–Between two trading sessions the price moved by a fifth or more. The company's board met on results that day or since the trading day before. Not adjusted for.
6 Nov 2015Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
5 Nov 2015Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
27 Aug 2015Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
4 Sep 2013Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
3 Sep 2013Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
30 Aug 2013Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
22 Aug 2013Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
Each event is noted and not adjusted for.

Company details

BSE code
532788
ISIN
INE183H01011
Industry
Telecom - Equipment & Accessories
Former symbols
XLENERGY, XLTELENE, XLTL
CIN
L31300TG1985PLC005844
Corporate identity number, the registrar of companies' code for it
Incorporated
1985
Registered office
Office 318, 3rd Floor, Mittal Chambers, 2-2-51, M.G Road, Secunderabad 500003, Telangana
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments