Ahasolar Technologies Ltd
Incorporated in 2017, Ahasolar Technologies Limited is engaged in the business of CleanTech enabling Energy Transition through Digital Transformation[1]
- Market Cap ₹ 152 Cr.
- Current Price ₹ 492
- High / Low ₹ 658 / 203
- Stock P/E 94.7
- Book Value ₹ 48.4
- Dividend Yield 0.00 %
- ROCE 58.4 %
- ROE 65.7 %
- 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 82.6%
Cons
- Stock is trading at 10.2 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 37.0%
- Debtor days have increased from 41.1 to 49.3 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: E-Commerce/App based Aggregator Industry: Trading
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
0.00 | 0.18 | 1.29 | 1.88 | 17.30 | 20.87 | |
0.01 | 0.18 | 1.27 | 1.77 | 16.19 | 19.08 | |
Operating Profit | -0.01 | 0.00 | 0.02 | 0.11 | 1.11 | 1.79 |
OPM % | 0.00% | 1.55% | 5.85% | 6.42% | 8.58% | |
0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.21 |
Profit before tax | -0.01 | 0.00 | 0.02 | 0.11 | 1.09 | 1.59 |
Tax % | 0.00% | 0.00% | 27.27% | 27.52% | -0.63% | |
-0.01 | 0.01 | 0.02 | 0.08 | 0.79 | 1.60 | |
EPS in Rs | -100.00 | 10.00 | 20.00 | 80.00 | 790.00 | 7.07 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 153% |
TTM: | 21% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 177% |
3 Years: | 331% |
TTM: | 103% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 83% |
Last Year: | 66% |
Balance Sheet
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|
Equity Capital | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 2.26 | 3.08 |
Reserves | -0.01 | -0.01 | 0.01 | 0.09 | 0.88 | 1.72 | 11.83 |
0.01 | 0.01 | 0.23 | 0.24 | 0.58 | 0.00 | 0.00 | |
0.01 | 0.09 | 1.14 | 0.51 | 0.95 | 1.23 | 0.92 | |
Total Liabilities | 0.01 | 0.10 | 1.39 | 0.85 | 2.42 | 5.21 | 15.83 |
0.00 | 0.00 | 0.02 | 0.02 | 0.54 | 0.78 | 1.27 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.07 |
0.01 | 0.10 | 1.37 | 0.83 | 1.88 | 4.43 | 9.49 | |
Total Assets | 0.01 | 0.10 | 1.39 | 0.85 | 2.42 | 5.21 | 15.83 |
Cash Flows
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
-0.20 | 0.10 | 0.21 | -0.27 | |||
-0.02 | -0.01 | -0.53 | -0.44 | |||
0.22 | 0.01 | 0.34 | 0.92 | |||
Net Cash Flow | 0.00 | 0.11 | 0.02 | 0.21 |
Ratios
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 20.28 | 99.03 | 40.77 | 33.12 | 49.32 | |
Inventory Days | 60.83 | 0.00 | 0.00 | 0.00 | ||
Days Payable | 243.33 | |||||
Cash Conversion Cycle | -162.22 | 99.03 | 40.77 | 33.12 | 49.32 | |
Working Capital Days | -60.83 | -144.30 | 19.41 | 15.19 | 42.32 | |
ROCE % | 0.00% | 15.38% | 37.29% | 120.44% | 58.35% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 1d
- Certificate Pursuant To Reg. 40(9) Of SEBI (LODR) Regulations, 2015 For The Year Ended 31St March, 2024 11 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 8 Apr
- Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 5 Apr
- Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations 2015 Year Ended March 2024. 5 Apr
Annual reports
Concalls
-
Aug 2023TranscriptNotesPPT
Business segments[1]
A) Software for Solar PV Installers and Government Agencies
B) Advisory and Technical Consultancy Services for development of Solar Power Plants
C) Marketplace for Solar PV Installers and Manufacturers has a pan-India presence making an Impact in the Solar Ecosystem.