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ABREL - Fundamental Analysis: Financial Health & Valuation

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Rating: 2.6

Last Updated Time : 04 May 26, 11:57 am

Fundamental Rating: 2.6

Stock Code ABREL Market Cap 16,600 Cr. Current Price 1,486 ₹ High / Low 2,538 ₹
Stock P/E 111 Book Value 401 ₹ Dividend Yield 0.13 % ROCE 4.25 %
ROE 3.84 % Face Value 10.0 ₹ DMA 50 1,345 ₹ DMA 200 1,584 ₹
Chg in FII Hold 0.08 % Chg in DII Hold -0.50 % PAT Qtr 31.4 Cr. PAT Prev Qtr 24.0 Cr.
RSI 65.2 MACD 71.2 Volume 2,54,235 Avg Vol 1Wk 2,50,628
Low price 1,080 ₹ High price 2,538 ₹ PEG Ratio -16.8 Debt to equity 0.89
52w Index 27.9 % Qtr Profit Var 25.1 % EPS 8.04 ₹ Industry PE 27.0

📈 Positive

- Market capitalization of ₹16,600 Cr. provides scale in renewable energy.

- EPS of ₹8.04 supports earnings visibility.

- Quarterly PAT improved (₹31.4 Cr. vs ₹24.0 Cr.), showing growth (+25.1%).

- FII holdings increased slightly (+0.08%), reflecting marginal foreign confidence.

- Stock trading above DMA 50 (₹1,345), confirming short-term strength.

- MACD positive (71.2), reinforcing bullish momentum.

⚠️ Limitation

- Very high P/E of 111 vs industry average of 27.0, indicating severe overvaluation.

- Weak ROCE (4.25%) and ROE (3.84%) highlight poor efficiency.

- Negative PEG ratio (-16.8) signals unsustainable valuation relative to growth.

- Dividend yield of 0.13% offers negligible income support.

- RSI at 65.2 indicates nearing overbought territory.

- Debt-to-equity ratio of 0.89 adds leverage risk.

- Price trading below DMA 200 (₹1,584), showing weak long-term trend.

🚨 Company Negative News

- DII holdings declined (-0.50%), showing reduced domestic institutional support.

- Valuation concerns due to stretched multiples.

- Volume only marginally above weekly average, suggesting weaker participation.

🌟 Company Positive News

- Quarterly profit growth (+25.1%) boosts sentiment.

- FII holdings increased slightly, showing marginal foreign confidence.

- Stock trading at 27.9% of 52-week range, showing recovery potential.

🏭 Industry

- Industry P/E of 27.0 highlights ABREL’s extreme valuation premium.

- Renewable energy sector outlook remains positive, supported by policy initiatives and demand growth.

- Sector requires consistent profitability to justify high valuations.

📝 Conclusion

ABREL is momentum-driven but fundamentally weak, with stretched valuations, low efficiency, and negligible dividend support.

🔑 **Entry Zone:** ₹1,350–₹1,380, closer to DMA support and valuation comfort.

📌 **Long-term Holding Guidance:** Suitable only for short-to-medium term; long-term suitability is weak unless ROE/ROCE improve significantly. Risk remains high due to stretched valuations and overbought RSI; maintain strict stop-loss around ₹1,320.

This positions ABREL as a tactical trading candidate rather than a strong long-term investment. Would you like me to extend this into a peer benchmarking overlay (ABREL vs Adani Green and Tata Power) to highlight relative valuation and efficiency gaps?

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