Prabha Energy Limited is a prominent exploration and production company with significant interests in Coal Bed Methane (CBM) blocks across India. The company's strategic objective is to efficiently and profitably unlock the vast potential of India's energy resources. Incorporated on August 5, 2009, as 'Prabha Energy Private Limited', it has since transitioned into a publicly listed entity.
Prabha Energy's diverse portfolio includes onshore exploration and production assets that encompass both conventional and unconventional hydrocarbons. The company is also actively involved in power generation from various conventional and non-conventional sources, including biomass, natural gas, nuclear, waste, thermal, solar, geothermal, wind, and tidal energy. Its exploration and development activities extend to oil, gas, CBM, shale, and hydrocarbon projects, operating both onshore and offshore.
The core focus of Prabha Energy lies in the exploration and production of Coal Bed Methane. The company holds two key CBM Blocks: the North Karanpura CBM Block and the Jharia CBM Block-1. Prabha Energy's operations span approximately 298.35 sq.km of CBM coal fields, covering both the Jharia and North Karanpura (NK) Blocks.
Prabha Energy Ltd. was awarded its first CBM Block, the North Karanpura Block, in 2016. Holding a 25% stake, Prabha Energy acts as the operational partner for this block. The North Karanpura CBM Block (NK-CBM-2001/1) is situated in the eastern sector of the North Karanpura coalfield. This ovate-shaped block covers an area of 271.8 square kilometers and extends across the Hazaribagh and Chatra districts of Jharkhand State. A significant milestone was achieved on May 16, 2025, with the commencement of commercial natural gas production from this block. Prabha Energy also participates in a joint venture with state-owned Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) for another CBM block in Jharkhand, North Karanpura (OIL).
Awarded the Jharia Block in 2018, Prabha Energy holds a 100% participating interest. This block is recognized for its high-quality, mature coal seams. The Jharia CBM Block-1 covers an approximate area of 26.55 square kilometers, with an estimated total gas in place resource of 25.22 billion cubic meters (BCM).
As per the latest financial results for the year ended March 31, 2025, Prabha Energy Ltd reported a net loss of Rs -0.94 crore on a total income of Rs 1.42 crore for the quarter ended March 2025. For the full year ended 2024, the company recorded a net loss of Rs -0.95 crore on a total income of Rs 2.79 crore.
On a trailing 12-month basis, Prabha Energy Limited has an operating revenue of Rs. 3.46 crore. The company has experienced an annual revenue de-growth of -97%, with a pre-tax margin of -258% and a Return on Equity (ROE) of -0%. However, the company maintains a healthy debt-to-equity ratio of 17%, indicating a robust balance sheet.
Key Financial Metrics:
- Market Capitalization: ₹3,870 crore (as of June 25, 2025)
- Quarterly Revenue (Mar 2025): ₹1.42 crore
- Quarterly Net Loss (Mar 2025): ₹-0.94 crore
- Annual Revenue (FY24): ₹2.79 crore
- Annual Net Loss (FY24): ₹-0.95 crore
- Stock Trading at: 8.82 times its book value
As of March 2025, promoter holding in Prabha Energy Ltd remained steady at 80.23%, unchanged from December 2024. The current shareholding pattern is as follows:
- Promoters: 80.23%
- Retail and Others: 19.19%
- Foreign Institutions: 0.58%
Prabha Energy is strategically positioned to benefit significantly in the coming years, aligning with the Central government's objective to increase CBM gas production to 5.0 MMSCMD by 2027-28. The company's focused presence in the CBM sector places it at the forefront of India's energy transition initiatives. The regulatory framework, including the CBM policy announced in 2005 and the subsequent award of 33 CBM acreages (with ONGC developing four), provides a supportive environment for the company's expansion plans and market opportunities.
- Registered Office: 12A, Abhishree Corporate Park, Opp Swagat BRTS Bus Stop, Ambli-Bopal Road, Bopal, Ahmedabad, Gujarat, India - 380058
- Managing Director: Shail Manoj Savla
Prabha Energy Ltd.'s share price has demonstrated recent positive momentum.
- 52-Week High: ₹282.70
- 52-Week Low: ₹154.40
- Monthly Performance: +28.43% (on BSE)
- Quarterly Performance: +65.75% (on BSE)
Prabha Energy represents a focused investment opportunity within India's Coal Bed Methane sector, with strategic assets poised to capitalize on the nation's increasing energy demands and supportive government initiatives to boost domestic gas production.
