Sector: Utilities
RU_LSNG
Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: connector/market_inputs
Monetary columns are in B RUB, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueB RUB | Operating profitB RUB | D&AB RUB | EBITDAB RUB | Net profitB RUB | Operating CFB RUB | Capex + M&AB RUB | AssetsB RUB | EquityB RUB | ROE (annualized) | Net debtB RUB | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12-31 | H2 2025 (6M) | OK | 111.3 y/y 16.3% | 31.1 y/y 151.2% | 11.0 y/y 9.1% | 42.1 y/y 87.5% | 26.2 y/y 104.4% | 35.8 | -31.8 | 345.7 y/y 15.6% | 228.3 y/y 14.6% | 15.8% | -21.1 | Report (PDF) |
| 2025-06-30 | H1 2025 (6M) | OK | 31.7 y/y 17.2% | 10.3 y/y 4.5% | 10.1 y/y 6.1% | 20.3 y/y 5.3% | 8.8 y/y 5.5% | 30.7 | -24.8 | 304.8 y/y 10.1% | 213.7 y/y 8.5% | 8.5% | -21.6 | Report (PDF) |
| 2024-12-31 | H2 2024 (6M) | OK | 95.7 y/y 14.5% | 12.4 y/y -19.0% | 10.1 y/y -1.0% | 22.5 y/y -11.8% | 12.8 y/y -8.5% | 33.5 | -28.6 | 299.2 y/y 11.7% | 199.2 y/y 8.5% | 10.7% | -9.7 | Report (PDF) |
| 2024-06-30 | H1 2024 (6M) | OK | 27.0 y/y 7.0% | 9.8 y/y 43.9% | 9.5 y/y -6.7% | 19.3 y/y 13.6% | 8.3 y/y 41.8% | 26.9 | -14.8 | 276.7 y/y 7.4% | 196.9 y/y 11.2% | 8.8% | -2.8 | Report (PDF) |
| 2023-12-31 | H2 2023 (6M) | OK | 83.6 y/y — | 15.3 y/y — | 10.2 y/y — | 25.5 y/y — | 14.0 y/y — | 23.5 | -24.7 | 267.9 y/y — | 183.5 y/y — | 11.0% | 3.2 | Report (PDF) |
| 2023-06-30 | H1 2023 (6M) | OK | 25.3 y/y — | 6.8 y/y — | 10.2 y/y — | 17.0 y/y — | 5.9 y/y — | 26.0 | -12.5 | 257.7 y/y — | 177.1 y/y — | — | 0.6 | Report (PDF) |
Quarterly values (₽ mln)
Year-over-year change
FCF (₽ mln)
Net debt / cash (₽ mln)
approved by order № 15@ от 18.11.2024 · period 2024–2028 · download order + appendix
ИПР financial plan (Form 19), ₽bn:
| 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | |
|---|---|---|---|---|---|---|---|---|---|
| Net profit (ИПР) | 18.1 | 21.0 | 24.2 | 34.4 | 43.9 | 46.4 | 43.4 | 39.1 | 36.0 |
| Dividends (ИПР) | 6.1 | 5.7 | 6.1 | 7.6 | 8.6 | 9.4 | 8.3 | 7.8 | 7.7 |
| div, % cur. MCap | 6.0% | 5.6% | 6.0% | 7.5% | 8.5% | 9.2% | 8.1% | 7.6% | 7.6% |
Capex & funding sources, ₽bn:
| 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|
| Capex (funding) | 50.1 | 58.6 | 54.4 | 53.0 | 54.1 |
| of which profit to investment | 22.6 | 28.0 | 24.4 | 20.1 | 20.3 |
| depreciation | 17.7 | 17.4 | 19.9 | 23.4 | 24.5 |
| attracted funds | 0.3 | 1.9 | 0.3 | 0.3 | 0.3 |
Source — Minenergo ИПР order + Form 19 financial plan (МРСК consolidated). Net profit and dividends are the ИПР's own planned figures (correction proposal preferred), not actuals.
Regulated indexation (plan, RF average). Distribution grid transmission-tariff indexation: 2026 from Oct +15.2% · 2027 from Jul +15.3% · 2028 from Jul +11.2%
Russian MinEc socio-economic forecast 2026–2028 (Sep 2025) + FAS orders
Value the company creates per year, as a % of market cap
Value created per year: +97.3%
| 1. EBITDA growth (latest quarter YoY, annualised) [EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X (2025-12-31 vs 2024-12-31) = (42 109 − 22 453) × 1.48 | 29 149 |
| 2. Current EV/EBITDA (LTM) (Market cap + Net debt) ÷ EBITDA (LTM) = (136 909 + -21 130) ÷ 62 447 | 1.9x |
| 3. Target multiple (Current EV/EBITDA + 6.5) ÷ 2 = (1.9 + 6.5) ÷ 2 | 4.2x |
| 4. Cash flow (balance method, LTM) Net-debt reduction + dividends + buybacks − equity issuance = 11 471 + 0 + 0 − 0 | 11 471 |
| 5. Value created per year (EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap = (29 149 × 4.2 + 11 471) ÷ 136 909 | +97.3% |
Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.
Caveats:
Expected dividend: 8617 mln RUB · 8.5% · upside -40%
ИПР-planned dividend (company pays) Last actual payout: 2025.
| Year | ИПР plan, mln | Actual, mln |
|---|---|---|
| 2025 | 7594 | 3649 |
| 2026 | 8617 | — |
| 2027 | 9391 | — |
| 2028 | 8279 | — |
| 2029 | 7773 | — |
| 2030 | 7727 | — |
For grids the dividend is judged from the ИПР plan, discounted by actual payment practice and board decisions (the ИПР plan is often not executed).
Illiquid — forecast not shown
The line trades very thinly (low average daily turnover), so the model dividend forecast is unreliable and is not shown. Actual (sporadic) payments are in the dividend-history card below.
| Pay year | Dividend /sh | |
|---|---|---|
| 2025 | 0.43 ₽ | |
| 2024 | 0.42 ₽ | |
| 2023 | 0.50 ₽ | |
| 2022 | 0.35 ₽ | |
| 2021 | 0.26 ₽ | |
| 2020 | 0.09 ₽ | |
| 2019 | 0.04 ₽ | |
| 2018 | 0.14 ₽ |
| Period | Ex-date | /sh |
|---|---|---|
| 2025 q3 | 2025-07-02 | 0.43 ₽ |
| 2024 q3 | 2024-07-01 | 0.42 ₽ |
| 2023 q2 | 2023-06-23 | 0.06 ₽ |
| 2023 q1 | 2023-01-04 | 0.44 ₽ |
| 2022 q2 | 2022-06-08 | 0.35 ₽ |
| 2021 q2 | 2021-06-25 | 0.26 ₽ |
| 2020 q2 | 2020-06-09 | 0.09 ₽ |
| 2019 q2 | 2019-06-27 | 0.04 ₽ |
| 2018 q2 | 2018-06-15 | 0.14 ₽ |
| 2017 q2 | 2017-06-22 | 0.13 ₽ |
No dividend rows found for this issuer.
| 06.07.26 | AGM / Board | Решения совета директоров (наблюдательного совета) Совет директоров ПАО 'Россети Ленэнерго' утвердил новый Регламент размещения временно свободных денежных средств. За решение проголосовали 11 членов совета, против не было. Заочное голосование состоялось 02.07.2026. |
| 09.06.26 | AGM / Board | Решения общих собраний участников (акционеров) На годовом собрании акционеров ПАО «Россети Ленэнерго» 3 июня 2026 года было утверждено распределение прибыли за 2025 год, включая дивиденды в размере 0,5379 руб. на акцию и 36,7247 руб. на привилегированную акцию. Кворум составил 98,31%, что позволило принять решения по всем вопросам повестки дня. |
Source: e-disclosure material filings over the last 180 days; ★ — flagged important by the classifier; summaries are automatic.
Investor reporting (IR): https://www.e-disclosure.ru/portal/files.aspx?id=65
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Lenenergo (LSNG) — from primary filings.