Ujaas Energy logo

Ujaas Energy share price

NSE: UELBSE: 533644PowerSmall Cap

Formerly M AND B Switchgears
Last close ₹170.77down ₹5.60 (3.18%)BSE ₹170.65

Share price at the NSE close on 23 Oct 2026. Previous close ₹176.37.

52-week range of traded prices to 23 Oct 2026
₹110.13Low, 27 Jan 2026₹284.20High, 11 Aug 2026
Market cap
₹2,278 Cr917th largest listed
P/E
580.1
P/B
25.7
Dividend yield
Nonein the last 12 months
ROE
4.5%
ROCE
−3.5%
Debt to equity
0.27
Volume, NSE
7,86753.0% delivered

Share price

Daily closes since May 2024, BSE closes Nov 2012 to Apr 2018 and Jan 2022 to Nov 2023, adjusted for splits and bonuses. Earlier closes are left out: on 22 May 2024 a demerger changed the share, and its terms are not stated.

+38.4%over a year · Nifty 500 −9.6%

Results20-session average 30,547 shares a day, 52.8% delivered

Results

Standalone, as consolidated accounts are on record for only 2 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 30 Jul

Revenue
₹3.03 Crdown 46.27%
Net profit
₹3.25 Crup 665.59%
Net margin
107.2%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 4 of the 10 years shown

The years either side of a change of basis do not compare. From the year to Mar 2025, part of the business was demerged on 22 May 2024, and figures before the change include the part that left.

₹ croreSep 2024Filed 13 NovDec 2024Filed 23 JanMar 2025Filed 13 JunJun 2025Filed 12 AugSep 2025Filed 12 NovDec 2025Filed 20 JanMar 2026Filed 16 MayJun 2026Filed 30 Jul
Revenue4.708.177.772.654.863.495.643.03
Net profit0.803.930.302.490.100.160.423.25
Net margin17.0%48.1%3.9%93.9%2.0%4.5%7.5%107.2%
Standalone. The last eight quarters. The latest is shaded.

Business segments

Share of revenue, year to Mar 2026, standalone.Segment revenue and profit

  • Solar Power Plant Operation₹17.1 Crdown 37.33%74.0%
  • Manufacturing and sale of Solar Power Systems₹5.7 Crup 42.36%24.8%
  • (c) EV₹0.3 Crdown 70.97%1.2%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Not shown, EV/EBITDA: operating loss, last twelve months. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to earnings

At or below today's level on 27% of 198 trading days over the last year.

LowestHighest
Its median629.9Industry median18.5

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+70.6%+45.7%+17.0%0.0%
Longer windows are left empty: a corporate action or price step on 2024-04-16 that cannot be sized sits inside this window.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters74.96%
  • Individuals and others25.04%
Holder
SVA Family Welfare Trust (Represented by Vandana Mundra)Promoter74.21%
SWASTIKA FIN MART PRIVATE LIMITEDCompanies23.56%
M & B Switchgear (Represented by Anurag Mundra)Promoter0.75%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Power Generation, 36 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Ujaas Energy in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Reliance Power logoReliance PowerRPOWER6,795–0.48.4+2.9%−110.3%−2.0%5.0%0.00%
KPI Green Energy logoKPI Green EnergyKPIGREEN5,67912.41.99.7+40.0%+28.1%16.2%10.8%0.30%
RattanIndia Power logoRattanIndia PowerRTNPOWER3,37230.30.716.0−6.5%−3.8%2.4%2.3%0.00%
Gujarat Industries Power Company logoGujarat Industries Power CompanyGIPCL2,3874.70.68.3+23.8%+150.0%13.7%4.8%2.67%
K.P. Energy logoK.P. EnergyKPEL1,1046.12.14.3+74.3%+48.5%43.5%33.0%0.43%
Orient Green Power Company logoOrient Green Power CompanyGREENPOWER91814.40.87.3−0.1%+14.9%5.7%5.4%0.00%
GVK Power & Infrastructure logoGVK Power & InfrastructureGVKPIL328–––−100.0%––−2.5%0.00%
Surana Telecom and Power logoSurana Telecom and PowerSURANAT&P1945.91.1–+283.4%+31.4%19.4%−3.5%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

Ujaas Energy share price by year

Each calendar year to 2025.Ujaas Energy share price history

YearClose at year endChangeHighest closeLowest close
2025135.19+24.4%157.6676.06
2024108.67–135.4425.55
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 27 May 2024.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026184.00184.00165.62170.77171.897,86753.0%
22 Oct 2026176.00183.99173.05176.37178.8622,48939.4%
21 Oct 2026186.99190.42168.00171.42178.6517,98257.9%
19 Oct 2026187.00187.45180.00183.00182.3720,62344.7%
16 Oct 2026201.70201.70188.25189.33190.7423,08965.7%
15 Oct 2026192.30200.00185.51196.99192.2028,63656.5%
14 Oct 2026196.79208.80186.00191.41200.0746,52851.6%
13 Oct 2026198.81205.59192.05194.67196.8318,68048.8%
12 Oct 2026233.60233.60196.00197.82210.421,49,80735.1%
9 Oct 2026213.00214.94205.10214.94213.871,17,10542.0%
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.Bonus share history

Ex-dateEventPrice factorWhat happened
10 Oct 2025Bonus0.3333Holders received 2 bonus shares for every 1 held.
30 May 2025Bonus0.5952Holders received 17 bonus shares for every 25 held.
20 Sep 2024Bonus0.8000Holders received 1 bonus share for every 4 held.
22 May 2024Demerger–Part of the business became a separate company and the number of shares changed by an amount the filings do not state, so earlier prices are not shown.
16 Apr 2024Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
21 Dec 2012Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
28 Oct 2011Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Where an event has no factor that can be worked out, the chart leaves out the closes before it. Any other event is noted and not adjusted for.

Company details

Legal name
Ujaas Energy Limited
NSE symbol
UEL
BSE code
533644
ISIN
INE899L01030
Industry
Power
Listed
Oct 2011
Face value
₹1
Former symbols
UJAAS, MBSWITCH, MBSWITCH, MBSWITCH
CIN
L35201MP1999PLC013571
Corporate identity number, the registrar of companies' code for it