Sahaj Solar Ltd
Incorporated in 2010, Sahaj Solar Ltd manufactures solar energy based products and provides EPC services[1]
- Market Cap ₹ 528 Cr.
- Current Price ₹ 240
- High / Low ₹ 395 / 150
- Stock P/E 40.1
- Book Value ₹ 39.5
- Dividend Yield 0.21 %
- ROCE 39.4 %
- ROE 53.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 42.5%
Cons
- Company has high debtors of 161 days.
- Working capital days have increased from 86.9 days to 127 days
* 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: Capital Goods - Electrical Equipment Industry: Electric Equipment
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 62 | 67 | 185 | 201 | |
| 59 | 63 | 174 | 177 | |
| Operating Profit | 3 | 4 | 11 | 24 |
| OPM % | 5% | 6% | 6% | 12% |
| 0 | 1 | 0 | 1 | |
| Interest | 1 | 2 | 2 | 4 |
| Depreciation | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 1 | 9 | 20 |
| Tax % | 29% | 28% | 24% | 32% |
| 1 | 1 | 6 | 13 | |
| EPS in Rs | 0.58 | 0.98 | 4.04 | 8.17 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 48% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 166% |
| TTM: | 109% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 43% |
| Last Year: | 53% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 8 | 8 | 11 |
| Reserves | 4 | 5 | 9 | 25 | 76 |
| 15 | 17 | 14 | 57 | 3 | |
| 10 | 34 | 61 | 60 | 65 | |
| Total Liabilities | 35 | 61 | 91 | 149 | 155 |
| 10 | 8 | 8 | 7 | 7 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 25 | 53 | 83 | 142 | 148 | |
| Total Assets | 35 | 61 | 91 | 149 | 155 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 4 | -2 | 10 | -35 | |
| -2 | 0 | -1 | -0 | |
| -2 | 1 | -7 | 44 | |
| Net Cash Flow | -0 | -1 | 1 | 9 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 53 | 204 | 106 | 161 |
| Inventory Days | 71 | 73 | 26 | 36 |
| Days Payable | 59 | 210 | 124 | 103 |
| Cash Conversion Cycle | 64 | 67 | 8 | 94 |
| Working Capital Days | 77 | 97 | 37 | 127 |
| ROCE % | 11% | 36% | 39% |
Documents
Announcements
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Trading Window
29 March 2025 - Sahaj Solar Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
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Trading Window-XBRL
29 March 2025 - SAHAJ SOLAR LIMITED has informed about Closure of Trading Window
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Analysts/Institutional Investor Meet/Con. Call Updates
28 March 2025 - Sahaj Solar Limited has informed about Outcome of Investor Conference
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Analysts/Institutional Investor Meet/Con. Call Updates
21 March 2025 - Sahaj Solar Limited has informed about Schedule of meet
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Incorporation-XBRL
21 March 2025 - SAHAJ SOLAR LIMITED has informed regarding Incorporation
Annual reports
No data available.
Business Overview:[1]
SSL develops small to large Photovoltaic Solar pv power plant projects for its clients & investors. This includes carrying out the initial economic feasibility forecasts, finding a suitable location, securing title to the land (including obtaining all necessary permits) and taking care of all feed-in contracts or Power Purchase Agreements (PPA) with energy off-takers.