Ravindra Energy Ltd

Energy In Motion (EIM), an associate company of Ravindra Energy, has executed a Letter of Agreement (LOA) with Contemporary Amperex Technology Co., (CATL) to establish a supply partnership for the supply of its Lithium Iron Phosphate (LFP) cells and battery pack kits to EIM in India. Under the agreement, CATL will supply 0.5 GWh of its LFP cells consisting of the upgraded CB7T0 cell Model & L324D06 battery pack platform. This latest cell and pack model for heavy commercial vehicles has significantly higher cycle life and volumetric density compared to the previous cell model CB230 used by EIM. The packs will be configured into 400.6 kWh systems for integration into EIM's E-Tractor 4x2 Ashwa series. EIM will be the launch customer for this new generation of CATL battery systems in India. These will be fitted into swappable battery boxes by EIM which are customized for India's high ambient temperature operating conditions. EIM is building an electric heavy commercial vehicle ecosystem including megawatt-scale charging/swapping stations across the country. It's first electric heavy vehicle namely the Ashwa 55-ton e-tractor was launched on August 1st, 2025. EIM has already commissioned six heavy-duty swap stations in Delhi-NCR region & JNPA port area with a daily swap capacity of 840 battery swaps/day. EIM is targeting 40 operational heavy commercial vehicle swap cum charging stations by the end of March, 2027. CATL, the world's largest battery manufacturer, held a 39.2% share of global power battery market in 2025. The company has a market capitalisation of approximately 280 billion USD.

Ravindra Energy has invested Rs 150 crore in its associate company, Energy In Motion (EIM) by way of subscription to 45,67,463 equity shares issued and allotted by EIM on rights issue basis , at an issue price of Rs. 328.41 per equity share.

Ravindra Energy will hold a meeting of the Board of Directors of the Company on 23 May 2026.

The board of Ravindra Energy at its meeting held on 16 May 2026 has approved rights issue of Rs 205 crore.

Ravindra Energy will hold a meeting of the Board of Directors of the Company on 16 May 2026.

Ravindra Energy has allotted 70,000 equity shares under ESOP on 29 April 2026. Upon the aforesaid allotment, the paid-up equity share capital of the company stands increased to Rs. 178,69,44,630 divided into 17,86,94,463 equity shares of Rs. 10/- each.

Net profit of Ravindra Energy declined 2.17% to Rs 12.62 crore in the quarter ended March 2026 as against Rs 12.90 crore during the previous quarter ended March 2025. Sales declined 16.31% to Rs 133.06 crore in the quarter ended March 2026 as against Rs 158.99 crore during the previous quarter ended March 2025. For the full year,net profit rose 270.61% to Rs 80.83 crore in the year ended March 2026 as against Rs 21.81 crore during the previous year ended March 2025. Sales rose 116.92% to Rs 543.20 crore in the year ended March 2026 as against Rs 250.42 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales133.06158.99 -16 543.20250.42 117 OPM %25.2717.22 -24.1216.95 - PBDT26.7831.59 -15 114.0244.25 158 PBT17.8928.30 -37 86.0032.79 162 NP12.6212.90 -2 80.8321.81 271 Powered by Capital Market - Live

Ravindra Energy will hold a meeting of the Board of Directors of the Company on 29 April 2026.

The company's associate, Energy in Motion (EIM), signed a memorandum of understanding with Drivn. The goal is to deploy around 1,000 heavy-duty electric trucks across India over the next two years. The partnership combines vehicles, financing, and energy solutions. It aims to speed up EV adoption in commercial fleets. Both companies will work on supply, financing, and deployment. They will also handle maintenance and battery-swapping support. The partnership is designed to reduce upfront costs and operational complexity for fleet operators, a key barrier in shifting from diesel to electric trucks. The model includes selling vehicles without battery packs while offering energy solutions separately through long-term service agreements. Drivn, which focuses on leasing electric commercial vehicles, brings financing and operational capabilities to the table, while EIM contributes its battery-swapping technology and vehicle platform. The tie-up also builds on Drivn's broader capital commitments and ongoing collaborations within the EV ecosystem. Ravindra Energy is in the business of selling solar pumps, setting up solar generation power plant (ground mount & rooftop) & generation and sale of power. On a consolidated basis, Ravindra Energy's net profit surged 571.56% to Rs 14.64 crore while net sales spurted 139.31% to Rs 127.17 crore in Q3 December 2025 over Q3 December 2024.

Ravindra Energy has allotted 70,000 equity shares under ESOP on 06 March 2025. Upon the aforesaid allotment, the paid-up Equity Share Capital of the Company stands increased to 178,62,44,630 divided into 17,86,24,463 equity shares of Rs. 10/- each. Powered by Capital Market - Live