Solara Active Key Ratios
NSE: SOLARA | BSE: 541540
₹645.65
As on 19-Oct-2026IST
Market cap
₹3,125 Cr
Revenue (TTM)
₹1,535 Cr
P/E Ratio
84.6
P/B Ratio
2.2
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 9.37 | 33.11 | 27.30 | -0.38 | -1.76 |
| EBIT | 42.37 | 390.23 | 31.63 | 43.11 | -12.89 |
| Net Profit | 102.08 | 426.34 | 638.38 | 55.18 | -25.26 |
| EPS | 74.13 | 360.19 | 374.48 | 42.71 | -32.01 |
| Book Value | -- | -- | 3.40 | -9.95 | -7.17 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| -0.23 | -0.34 | 8.39 | 6.36 | 8.34 |
| Net Margin
| -14.77 | -10.07 | 2.39 | -0.54 | 0.04 |
| Return on equity
| -15.74 | -10.49 | 3.52 | -0.63 | 0.05 |
| Return on Capital
| -2.20 | -1.10 | -- | 4.61 | 6.07 |
| Return on Assets
| -7.41 | -5.03 | 1.56 | -0.32 | 0.02 |
| Debt to Equity (x)
| -- | -- | 0.12 | 0.53 | 0.71 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
--
|
4.61
|
6.07
|
-17.29
|
1.79
|
|
Peer Median
|
--
|
12.23
|
16.46
|
15.49
|
--
|
ROE
3.52
Lower than Peers by 5.21
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
3.52
|
-0.63
|
0.05
|
-46.64
|
-1.47
|
|
Peer Median
|
8.73
|
12.29
|
13.87
|
14.72
|
--
|
ROA
1.56
Lower than Peers by 5.26
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
1.56
|
-0.32
|
0.02
|
-21.93
|
-0.78
|
|
Peer Median
|
6.81
|
7.10
|
8.04
|
7.19
|
--
|
EBIT Margin
8.39
Lower than Peers by 0.72
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
8.39
|
6.36
|
8.34
|
-15.40
|
1.57
|
|
Peer Median
|
9.12
|
16.90
|
10.05
|
10.28
|
--
|
Net Margin
2.39
Lower than Peers by 5.66
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
2.39
|
-0.54
|
0.04
|
-43.80
|
-1.52
|
|
Peer Median
|
8.05
|
10.62
|
9.11
|
6.78
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
--
|
6.52
|
7.25
|
-33.39
|
6.16
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
27.30
Higher than Peers by 21.62
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
27.30
|
6.64
|
-0.40
|
-10.73
|
13.83
|
|
Peer Median
|
5.68
|
16.15
|
7.17
|
10.56
|
--
|
EBIT Growth
31.63
Higher than Peers by 33.23
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
31.63
|
-18.65
|
153.92
|
-974.88
|
170.14
|
|
Peer Median
|
-1.61
|
30.04
|
12.05
|
6.17
|
--
|
Net Profit Growth
638.38
Higher than Peers by 635.24
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
638.38
|
-1,472.22
|
100.10
|
-2,448.13
|
61.83
|
|
Peer Median
|
3.13
|
27.02
|
22.15
|
27.97
|
--
|
EPS Growth
374.48
Higher than Peers by 375.46
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
374.48
|
-1,340.54
|
100.09
|
-2,458.13
|
61.86
|
|
Peer Median
|
-0.98
|
26.11
|
8.80
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
--
|
14.35
|
17.02
|
-37.81
|
-1.62
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.12
Higher than Peers by 0.10
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
0.12
|
0.53
|
0.71
|
1.07
|
0.67
|
|
Peer Median
|
0.02
|
0.18
|
0.03
|
0.05
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
--
|
0.40
|
0.52
|
0.81
|
0.43
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.32
Lower than Peers by 1.06
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
1.32
|
0.96
|
0.77
|
0.63
|
1.08
|
|
Peer Median
|
2.37
|
2.00
|
2.20
|
1.93
|
--
|
Quick Ratio
0.84
Lower than Peers by 0.81
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
0.84
|
0.60
|
0.44
|
0.34
|
0.57
|
|
Peer Median
|
1.65
|
1.76
|
1.72
|
1.59
|
--
|
Interest Coverage
1.41
Lower than Peers by 7.48
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
1.41
|
0.92
|
1.00
|
-3.65
|
0.50
|
|
Peer Median
|
8.89
|
10.11
|
12.28
|
12.45
|
--
|
Operating Efficiency
Debtors to sales
32.97
Higher than Peers by 6.04
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
32.97
|
32.05
|
25.44
|
27.04
|
37.19
|
|
Peer Median
|
26.93
|
33.32
|
26.23
|
23.97
|
--
|
Asset Turnover
0.65
Lower than Peers by 0.05
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
0.65
|
0.62
|
0.60
|
0.54
|
0.51
|
|
Peer Median
|
0.70
|
0.73
|
0.74
|
0.88
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
--
|
98.65
|
89.55
|
116.39
|
129.77
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
--
|
81.95
|
89.89
|
120.63
|
143.29
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
--
|
139.04
|
163.33
|
140.30
|
134.61
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
--
|
41.56
|
16.11
|
96.72
|
138.45
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
84.58
Higher than Peers by 35.85
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
84.58
|
--
|
3,821.51
|
--
|
--
|
|
Peer Median
|
48.74
|
49.03
|
39.17
|
40.74
|
--
|
Price / Book Value
2.18
Lower than Peers by 1.24
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
2.18
|
1.52
|
1.89
|
1.44
|
0.79
|
|
Peer Median
|
3.41
|
4.47
|
3.61
|
3.87
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.11
|
0.13
|
0.19
|
0.20
|
--
|
EV/EBITDA
14.99
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
14.99
|
12.99
|
13.21
|
-25.96
|
13.90
|
|
Peer Median
|
--
|
43.10
|
28.79
|
25.41
|
--
|
Market Cap
3,125
Lower than Peers by 2,221
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solara Active
|
3,125
|
1,892
|
2,064
|
1,341
|
1,182
|
|
Peer Median
|
5,346
|
5,354
|
3,944
|
2,959
|
--
|