Energy Development Company Limited, together with its subsidiaries, generates and sells electricity from water and wind to various electricity boards in India. It operates through three divisions: Generation, Contract, and Trading. The company owns and operates 9 MW and 6 MW Harangi hydro-electric power plants in the state of Karnataka; 7 MW Ullunkal and 15 MW Karikkayam hydro-electric power plants in the state of Kerala; and 2 windmills with 1.5 MW each in the districts of Hassan and Chitradurga in Karnataka. It also constructs, develops, implements, operates, and maintains projects and consultancies; and trades in power equipment and metals. In addition, the company offers engineering, consultancy, and project management services for hydroelectric power plants; pre-project planning, project support, project preparation, post-construction, and detailed engineering services; third party power plant operations and maintenance services; and rehabilitation, renovation, modernization, and uprating consultancy and services for ageing hydro power plants. Further, it is involved in the cogeneration or the combined generation of heat and power from a single fuel source, such as bagasse. Energy Development Company Limited was incorporated in 1995 and is based in Kolkata, India.
Metrics to compare | EDCO | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipEDCOPeersSector | |
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P/E Ratio | −1.1x | 17.5x | 12.3x | |
PEG Ratio | 0.00 | −0.11 | 0.02 | |
Price/Book | 26.5x | 1.7x | 1.3x | |
Price / LTM Sales | 3.2x | 2.1x | 1.5x | |
Upside (Analyst Target) | - | 8.7% | 12.0% | |
Fair Value Upside | Unlock | −8.8% | 3.2% | Unlock |