Ahasolar Tech Peer Comparison

BSE: 543941

₹67.01

₹-1.14 (-1.67%)

As on 21-Sep-2026 12:44IST

Market cap

₹21 Cr

Revenue (TTM)

₹58 Cr

P/E Ratio

102.5

P/B Ratio

1.4

Div. Yield

0 %

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	Ahasolar Tech	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
Market cap (₹ Cr)	21	2,761	2,341	1,187	754
Revenue (₹ Cr)	58	987	2,346	1,476	1,619
Net Profit (₹ Cr)	-0.96	158.54	199.31	117.71	81.80
Net Margin (%)	-1.63	15.88	8.46	7.78	5.03
RoE (%)	-6.27	48.35	38.80	14.66	36.21
Price to Earnings	102.54	10.94	11.70	10.14	9.45
Price-To-Book	1.42	5.42	4.12	1.38	2.89

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Ahasolar Tech	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
Operating Revenue	57.99	987.17	780.15	544.77	662.22
Total Income	58.48	998.07	783.01	551.09	664.78
Total Expenditure	58.99	752.58	654.86	435.52	585.20
EBITDA	-1.00	234.59	125.29	109.25	77.02
Depreciation	0.38	8.49	8.50	0.23	10.45
EBIT	-1.38	226.10	116.79	109.02	66.57
Interest	0.08	24.64	7.32	6.23	12.92
Other Income	0.50	10.90	2.86	6.32	2.56
Exceptional Items	--	--	--	-2.12	--
Profit before Tax	-0.96	212.36	112.31	106.61	56.22
Provision for Tax	-0.01	53.82	28.83	29.56	13.99
Profit after Tax	-0.96	158.54	83.48	77.05	42.23

Liabilities (₹ Cr)

	Ahasolar Tech	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
Shareholder's Funds	14.77	509.65	216.41	309.07	157.55
Minority Interest	--	7.98	--	--	0.89
Non-Current Liabilities	0.30	220.42	18.15	60.36	94.30
Current Liabilities	4.13	624.24	235.82	223.74	244.90
Total Liabilities	19.34	1,362.94	473.61	598.02	497.63

Assets (₹ Cr)

	Ahasolar Tech	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
Non-Current Assets	3.93	447.33	136.41	158.17	141.30
Current Assets	15.27	914.96	333.97	434.99	356.33
Total Assets	19.34	1,362.94	473.61	598.02	497.63
Total Debt*	0.71	270.61	72.08	114.55	147.50
Net Current Assets	11.15	290.72	98.15	211.25	111.43
Contingent Liabilities	0.33	335.40	49.44	73.61	1.11

Cashflow (₹ Cr)

	Ahasolar Tech	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
Cash From Operating Activities	-1.75	290.49	68.84	53.90	-40.46
Cash Flow from Investing Activities	2.06	-522.37	-81.90	-273.50	-58.24
Cash from Financing Activities	0.63	269.53	16.27	210.30	110.55
Net Cash Inflow / Outflow	0.95	37.65	3.20	-9.29	11.86

Ratios

Profitability Ratios

	Ahasolar Tech	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
ROCE (%)	-5.66	42.70	52.33	40.42	30.90
ROE (%)	-6.27	48.35	47.78	40.30	41.44
ROA (%)	-5.23	17.89	23.95	20.62	11.90
EBIT Margin (%)	-0.88	24.87	16.43	21.21	12.02
Net Margin (%)	-1.63	15.88	10.66	13.98	6.35
Cash Profit Margin (%)	-1.00	16.92	11.79	14.19	7.95

Growth Ratios

	Ahasolar Tech	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
Revenue Growth (%)	37.94	157.83	89.08	8.73	80.97
EBIT Growth (%)	-241.83	193.31	231.76	57.57	160.86
Net Profit Growth (%)	-2,369.60	192.06	186.98	49.06	383.42
EPS Growth (%)	-2,369.40	175.41	186.98	29.96	339.41
Book Value Growth (%)	-6.08	248.60	62.68	319.51	240.70

Valuation Ratios

	Ahasolar Tech	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
Price / Earnings	0.00	16.79	16.62	0.00	16.45
Price / Book Value	1.88	5.22	6.41	0.00	4.33
Dividend Yield (%)	0.00	0.00	0.00	--	0.09
EV/EBITDA	-42.12	11.66	11.03	0.21	10.11
Market Cap (₹ Cr)	27.79	2,661.50	1,387.42	0.00	681.82

Solvency Ratios

	Ahasolar Tech	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
Debt to Equity	0.05	0.53	0.33	0.37	0.94
Short term debt to equity ratio	0.05	0.06	0.27	0.16	0.39
Current Ratio	3.70	1.47	1.42	1.94	1.46
Quick Ratio	3.69	1.43	0.98	1.94	0.72
Interest Coverage	-10.97	9.62	16.35	18.11	5.35

Operating Efficiency Ratios

	Ahasolar Tech	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
Debtors to sales (%)	10.26	39.93	15.86	26.48	17.28
Asset Turnover	3.18	1.11	2.24	1.46	1.87
Receivable days	32.92	87.38	45.48	58.44	44.41
Inventory Days	0.12	7.01	32.60	1.44	67.77
Payable days	7.16	57.48	35.61	39.81	51.88
Cash Conversion Cycle	25.88	36.92	42.47	20.07	60.30