Market cap
₹220 Cr
Revenue (TTM)
₹419 Cr
P/E Ratio
7.4
P/B Ratio
1.6
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -- | -- | 27.11 | 31.26 | 46.59 |
| EBIT | -- | -- | 22.94 | 70.81 | 93.68 |
| Net Profit | -- | -- | 8.26 | 67.23 | 112.14 |
| EPS | -- | -- | 7.37 | 49.18 | 103.88 |
| Book Value | -- | -- | 27.18 | 81.67 | 60.40 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | Mar-26 | Mar-25 | Mar-24 |
| EBIT-Margin
| 11.89 | 9.05 | 11.99 | 12.40 | 11.54 |
| Net Margin
| 7.34 | 5.46 | 7.20 | 8.47 | 6.63 |
| Return on equity
| 37.48 | 35.57 | 24.58 | 39.54 | 54.08 |
| Return on Capital
| 30.39 | 28.62 | 21.75 | 32.77 | 39.65 |
| Return on Assets
| 9.80 | 8.41 | 7.79 | 12.39 | 11.18 |
| Debt to Equity (x)
| -- | -- | 1.27 | 0.53 | 1.72 |
Profitability
ROCE
21.75
Lower than Peers by 11.98
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
21.75
|
32.77
|
39.65
|
36.89
|
12.05
|
|
Peer Median
|
33.72
|
28.46
|
13.90
|
--
|
--
|
ROE
24.58
Lower than Peers by 16.80
Profit after tax / Average Net worth * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
24.58
|
39.54
|
54.08
|
49.04
|
10.62
|
|
Peer Median
|
41.37
|
37.42
|
19.38
|
--
|
--
|
ROA
7.79
Lower than Peers by 9.41
Profit after tax / Average Total assets * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
7.79
|
12.39
|
11.18
|
8.56
|
2.15
|
|
Peer Median
|
17.20
|
11.70
|
4.13
|
--
|
--
|
EBIT Margin
11.99
Lower than Peers by 13.43
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
11.99
|
12.40
|
11.54
|
5.44
|
3.85
|
|
Peer Median
|
25.43
|
--
|
--
|
--
|
--
|
Net Margin
7.20
Lower than Peers by 1.89
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
7.20
|
8.47
|
6.63
|
3.49
|
1.52
|
|
Peer Median
|
9.09
|
5.85
|
3.54
|
--
|
--
|
Cash Profit Margin
7.59
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
7.59
|
8.89
|
7.23
|
4.17
|
3.52
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
27.11
Lower than Peers by 122.94
Year on year growth in net sales
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
27.11
|
63.93
|
8.53
|
177.61
|
7.81
|
|
Peer Median
|
150.05
|
--
|
--
|
--
|
--
|
EBIT Growth
22.94
Lower than Peers by 51.97
Year on year growth in operating profit (EBIT)
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
22.94
|
76.13
|
130.17
|
291.90
|
39.53
|
|
Peer Median
|
74.90
|
--
|
--
|
--
|
--
|
Net Profit Growth
8.26
Lower than Peers by 51.54
Year on year growth in profit after tax
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
8.26
|
109.43
|
106.25
|
532.58
|
45.23
|
|
Peer Median
|
59.80
|
--
|
--
|
--
|
--
|
EPS Growth
7.37
Lower than Peers by 50.83
Year on year growth in earnings per share
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
7.37
|
53.66
|
101.24
|
520.51
|
70.96
|
|
Peer Median
|
58.19
|
--
|
--
|
--
|
--
|
Book Value Growth
27.18
--
Year on year growth in book value per share
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
27.18
|
228.82
|
101.14
|
63.90
|
8.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
1.27
Higher than Peers by 0.79
Total debt / Net worth
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
1.27
|
0.53
|
1.72
|
0.83
|
1.70
|
|
Peer Median
|
0.48
|
0.94
|
1.60
|
--
|
--
|
Short term debt to equity ratio
0.24
--
(Short term borrowings / Net worth)
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
0.24
|
0.50
|
1.60
|
0.51
|
0.79
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.28
Lower than Peers by 0.32
Current Assets / Current Liabilities and Provisions
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
1.28
|
1.41
|
1.25
|
1.16
|
1.19
|
|
Peer Median
|
1.60
|
1.43
|
1.33
|
--
|
--
|
Quick Ratio
1.20
Lower than Peers by 0.54
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
1.20
|
1.28
|
1.11
|
0.99
|
0.94
|
|
Peer Median
|
1.74
|
--
|
--
|
--
|
--
|
Interest Coverage
4.70
Lower than Peers by 4.92
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
4.70
|
10.16
|
5.70
|
5.34
|
1.84
|
|
Peer Median
|
9.62
|
6.33
|
3.18
|
--
|
--
|
Operating Efficiency
Debtors to sales
76.94
Higher than Peers by 50.03
Debtors outstanding / Net Sales * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
76.94
|
59.67
|
44.02
|
28.94
|
55.81
|
|
Peer Median
|
26.91
|
--
|
--
|
--
|
--
|
Asset Turnover
1.08
Lower than Peers by 1.66
Sales / Average Total Assets
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
1.08
|
1.46
|
1.68
|
2.45
|
1.40
|
|
Peer Median
|
2.74
|
--
|
--
|
--
|
--
|
Receivable days
226.09
--
Average Debtors / Sales * 365
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
226.09
|
157.91
|
129.01
|
89.51
|
126.40
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
20.00
--
Average Inventory / Sales * 365
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
20.00
|
20.94
|
24.39
|
22.61
|
57.44
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
132.49
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
132.49
|
113.40
|
118.58
|
97.29
|
132.52
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
113.60
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
113.60
|
65.45
|
34.83
|
14.84
|
51.32
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
6.85
Lower than Peers by 4.01
Current share price divided by earning per share in the last twelve months
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
6.85
|
7.42
|
--
|
--
|
--
|
|
Peer Median
|
10.87
|
41.00
|
124.37
|
--
|
--
|
Price / Book Value
1.47
Lower than Peers by 2.07
Current share price divided by book value per share in the latest financial year
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
1.47
|
3.77
|
--
|
--
|
--
|
|
Peer Median
|
3.53
|
14.19
|
16.51
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
--
|
0.27
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
6.85
Lower than Peers by 7.78
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
6.85
|
10.55
|
2.13
|
1.61
|
4.80
|
|
Peer Median
|
14.63
|
87.72
|
226.36
|
--
|
--
|
Market Cap
203
Lower than Peers by 597
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Sahaj Solar
|
203
|
409
|
--
|
--
|
--
|
|
Peer Median
|
799
|
1,295
|
1,233
|
--
|
--
|