Ahasolar Technologies Ltd
Incorporated in 2017, Ahasolar Technologies Limited is engaged in the business of CleanTech enabling Energy Transition through Digital Transformation[1]
- Market Cap ₹ 109 Cr.
- Current Price ₹ 354
- High / Low ₹ 658 / 203
- Stock P/E 2,729
- Book Value ₹ 51.0
- Dividend Yield 0.00 %
- ROCE 1.51 %
- ROE 1.01 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.2%
- Debtor days have improved from 35.6 to 24.5 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 37.0%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: E-Commerce/App based Aggregator Industry: Trading
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| -0.00 | 0.18 | 1.29 | 1.88 | 17.30 | 20.87 | 42.04 | |
| 0.01 | 0.18 | 1.27 | 1.77 | 16.19 | 19.08 | 42.16 | |
| Operating Profit | -0.01 | -0.00 | 0.02 | 0.11 | 1.11 | 1.79 | -0.12 |
| OPM % | -0.00% | 1.55% | 5.85% | 6.42% | 8.58% | -0.29% | |
| -0.00 | -0.00 | -0.00 | -0.00 | 0.01 | 0.01 | 0.48 | |
| Interest | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.01 |
| Depreciation | -0.00 | -0.00 | -0.00 | -0.00 | 0.03 | 0.21 | 0.30 |
| Profit before tax | -0.01 | -0.00 | 0.02 | 0.11 | 1.09 | 1.59 | 0.05 |
| Tax % | -0.00% | -0.00% | 27.27% | 27.52% | -0.63% | 20.00% | |
| -0.01 | 0.01 | 0.02 | 0.08 | 0.79 | 1.60 | 0.04 | |
| EPS in Rs | -100.00 | 10.00 | 20.00 | 80.00 | 790.00 | 7.07 | 0.13 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 198% |
| 3 Years: | 182% |
| TTM: | 101% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | -21% |
| TTM: | -98% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | 35% |
| Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | -0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 2.26 | 3.08 |
| Reserves | -0.01 | -0.01 | 0.01 | 0.09 | 0.88 | 1.72 | 12.64 |
| 0.01 | 0.01 | 0.23 | 0.24 | 0.58 | -0.00 | -0.00 | |
| 0.01 | 0.09 | 1.14 | 0.51 | 0.95 | 1.23 | 1.71 | |
| Total Liabilities | 0.01 | 0.10 | 1.39 | 0.85 | 2.42 | 5.21 | 17.43 |
| -0.00 | -0.00 | 0.02 | 0.02 | 0.54 | 0.78 | 1.92 | |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Investments | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 5.71 |
| 0.01 | 0.10 | 1.37 | 0.83 | 1.88 | 4.43 | 9.80 | |
| Total Assets | 0.01 | 0.10 | 1.39 | 0.85 | 2.42 | 5.21 | 17.43 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| -0.20 | 0.10 | 0.21 | -0.27 | -1.42 | |||
| -0.02 | -0.01 | -0.53 | -0.44 | -7.77 | |||
| 0.22 | 0.01 | 0.34 | 0.92 | 11.69 | |||
| Net Cash Flow | -0.00 | 0.11 | 0.02 | 0.21 | 2.50 |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 20.28 | 99.03 | 40.77 | 33.12 | 49.32 | ||
| Inventory Days | 60.83 | -0.00 | -0.00 | -0.00 | |||
| Days Payable | 243.33 | ||||||
| Cash Conversion Cycle | -162.22 | 99.03 | 40.77 | 33.12 | 49.32 | ||
| Working Capital Days | -60.83 | -144.30 | 19.41 | 15.19 | 42.32 | ||
| ROCE % | -0.00% | 15.38% | 37.29% | 120.44% | 58.35% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12h - Compliance Certificate Under Regulation 74(5) of the SEBI (DP) Reg. 2018 for the quarter ended June, 2024
- Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 26 Jun
-
REVISED AUDIT REPORT
25 Jun - Sir/Ma''am, The Audit Report for the Half Year and Year Ended March 31, 2024 is revised as per prescribed format and the same is enclosed. …
-
Intimation Of Incorporation Of Wholly Owned Subsidiary Company
10 Jun - Company is incorporated the Wholly owned Subsidiary in the Name of RTC Energy Private Limited. further details are enclosed.
- Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 4 Jun
Annual reports
Concalls
-
Aug 2023TranscriptNotesPPT
Business segments[1]
A) Software for Solar PV Installers and Government Agencies
B) Advisory and Technical Consultancy Services for development of Solar Power Plants
C) Marketplace for Solar PV Installers and Manufacturers has a pan-India presence making an Impact in the Solar Ecosystem.