Sahaj Solar Financials

NSE: SAHAJSOLAR

₹99.95

₹0.55 (0.55%)

As on 04-Sep-2026 15:32IST

Market cap

₹220 Cr

Revenue (TTM)

₹419 Cr

P/E Ratio

7.4

P/B Ratio

1.6

Div. Yield

0 %

Income Statement (₹ Cr)	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Operating Revenue	419.19	329.79	201.17	185.36	66.77	61.93
Total Income	421.08	330.82	201.72	185.80	67.29	62.20
Total Expenditure	367.41	287.59	176.79	174.03	62.87	58.91
EBITDA	51.78	42.21	24.38	11.33	3.90	3.02
Depreciation	1.51	1.32	1.16	1.24	1.33	1.18
EBIT	50.27	40.89	23.22	10.09	2.57	1.84
Interest	11.11	4.13	4.17	1.97	1.68	1.12
Other Income	1.89	1.03	0.54	0.44	0.52	0.27
Exceptional Items	--	--	--	--	--	--
Profit before Tax	41.06	37.79	19.59	8.56	1.42	0.99
Provision for Tax	10.73	9.79	6.21	2.08	0.39	0.29
Profit after Tax	30.32	28.01	13.37	6.48	1.03	0.71
Minority Interest	-0.75	-0.46	-0.21	-0.13	0.00	-0.11
Share of Associate	--	--	--	--	--	--
Consolidated Profit	29.57	27.54	13.16	6.35	1.02	0.60

Liabilities (₹ Cr)	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Shareholder's Funds	138.14	108.62	33.03	16.42	10.02	9.27
Minority Interest	1.83	1.01	0.59	0.32	--	0.40
Non-Current Liabilities	47.64	11.74	3.41	3.99	6.50	5.53
Current Liabilities	287.73	182.11	111.57	69.91	44.40	19.38
Total Liabilities	479.29	304.14	149.36	90.81	61.03	34.64

Assets (₹ Cr)	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Non-Current Assets	106.94	47.03	9.66	9.54	8.28	9.82
Current Assets	368.40	256.46	138.95	81.11	52.65	24.76
Total Assets	479.29	304.14	149.36	90.81	61.03	34.64
Total Debt*	175.53	57.40	56.79	13.59	17.06	15.01
Net Current Assets	80.67	74.34	27.38	11.20	8.24	5.38
Contingent Liabilities	45.46	26.79	20.72	10.11	9.48	10.16

Cashflow (₹ Cr)	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Cash From Operating Activities	-78.30	-46.76	-34.77	9.55	-1.66	4.03
Cash Flow from Investing Activities	-29.34	-0.26	-0.34	-0.87	0.16	-2.58
Cash from Financing Activities	107.84	45.40	44.27	-7.38	0.65	-1.84
Net Cash Inflow / Outflow	0.19	-1.62	9.16	1.30	-0.85	-0.39

Financials Ratios	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Adjusted EPS (₹)	13.46	12.54	8.16	4.05	0.65	0.38
Cash EPS (₹)	14.49	13.35	9.01	4.93	1.50	1.20
Adjusted Book Value (₹)	62.87	49.44	20.48	10.49	6.40	5.92
Dividend per Share (₹)	--	0.50	--	--	--	--
Cash Flow per Share (₹)	-35.64	-42.56	-43.10	12.20	-3.19	7.72
Free Cash Flow per Share (₹)	-53.60	-46.11	-45.59	11.49	-6.80	1.13

Profitability Ratios	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
ROCE (%)	21.75	32.77	39.65	36.89	12.05	8.71
ROE (%)	24.58	39.54	54.08	49.04	10.62	7.61
ROA (%)	7.79	12.39	11.18	8.56	2.15	2.04
EBIT Margin (%)	11.99	12.40	11.54	5.44	3.85	2.98
Net Margin (%)	7.20	8.47	6.63	3.49	1.52	1.13
Cash Profit Margin (%)	7.59	8.89	7.23	4.17	3.52	3.04

Growth Ratios	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Revenue Growth (%)	27.11	63.93	8.53	177.61	7.81	--
EBIT Growth (%)	22.94	76.13	130.17	291.90	39.53	--
Net Profit Growth (%)	8.26	109.43	106.25	532.58	45.23	--
EPS Growth (%)	7.37	53.66	101.24	520.51	70.96	--
Book Value Growth (%)	27.18	228.82	101.14	63.90	8.04	--

Valuation Ratios	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Price / Earnings	6.85	7.42	--	--	--	--
Price / Book Value	1.47	3.77	--	--	--	--
Dividend Yield (%)	--	0.27	--	--	--	--
EV/EBITDA	6.85	10.55	2.13	1.61	4.80	5.56
Close Price (₹)	92.25	186.13	--	--	--	--
High Price (₹)	323.55	395.00	--	--	--	--
Low Price (₹)	91.00	90.00	--	--	--	--
Market Cap (₹ Cr)	202.68	408.94	--	--	--	--

Solvency Ratios	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Debt to Equity	1.27	0.53	1.72	0.83	1.70	1.62
Short term debt to equity ratio	0.24	0.50	1.60	0.51	0.79	0.91
Current Ratio	1.28	1.41	1.25	1.16	1.19	1.28
Quick Ratio	1.20	1.28	1.11	0.99	0.94	0.77
Interest Coverage	4.70	10.16	5.70	5.34	1.84	1.88

Operating Efficiency Ratios	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Debtors to sales (%)	76.94	59.67	44.02	28.94	55.81	14.51
Asset Turnover	1.08	1.46	1.68	2.45	1.40	1.79
Receivable days	226.09	157.91	129.01	89.51	126.40	52.95
Inventory Days	20.00	20.94	24.39	22.61	57.44	58.26
Payable days	132.49	113.40	118.58	97.29	132.52	59.33
Cash Conversion Cycle	113.60	65.45	34.83	14.84	51.32	51.88