Solana Biofuels Limited
Southern Online Bio Technologies the name of the Company has been Changed to Southern Online Bio Technologies Limited on 31st March 2004 to reflect the new line of business in which the Company has ventured i.e. manufacture of Biodiesel. Currently the Companys shares are listed at BSE.
- Market Cap ₹ 5.49 Cr.
- Current Price ₹ 0.93
- High / Low ₹ /
- Stock P/E
- Book Value ₹ 6.63
- Dividend Yield 0.00 %
- ROCE 0.31 %
- ROE -2.99 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.14 times its book value
- Debtor days have improved from 44.4 to 20.1 days.
- Company's working capital requirements have reduced from 97.7 days to 48.6 days
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -10.7% over last 3 years.
- Company might be capitalizing the interest cost
* 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
Commodities Chemicals Chemicals & Petrochemicals Commodity Chemicals
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 201.40 | 246.95 | 221.15 | 123.65 | 6.40 | 2.59 | 2.09 | 2.14 | 2.48 | 14.98 | 67.33 | 147.42 | 95.93 | |
| 200.82 | 247.63 | 221.07 | 154.82 | 106.91 | 3.30 | 81.08 | 1.49 | 2.15 | 17.60 | 65.75 | 143.55 | 99.08 | |
| Operating Profit | 0.58 | -0.68 | 0.08 | -31.17 | -100.51 | -0.71 | -78.99 | 0.65 | 0.33 | -2.62 | 1.58 | 3.87 | -3.15 |
| OPM % | 0.29% | -0.28% | 0.04% | -25.21% | -1,570.47% | -27.41% | -3,779.43% | 30.37% | 13.31% | -17.49% | 2.35% | 2.63% | -3.28% |
| 0.08 | 0.20 | 0.50 | 0.44 | 2.67 | 0.71 | 334.57 | 0.07 | 0.12 | 0.90 | 0.46 | 0.47 | 0.27 | |
| Interest | 18.32 | 19.71 | 6.23 | 33.56 | 23.08 | 6.14 | 0.11 | 0.02 | 0.00 | 0.63 | 5.71 | 2.33 | 2.49 |
| Depreciation | 7.61 | 11.96 | 1.77 | 10.59 | 10.11 | 9.90 | 9.80 | 0.21 | 0.22 | 2.81 | 3.57 | 3.77 | 3.39 |
| Profit before tax | -25.27 | -32.15 | -7.42 | -74.88 | -131.03 | -16.04 | 245.67 | 0.49 | 0.23 | -5.16 | -7.24 | -1.76 | -8.76 |
| Tax % | -32.45% | -63.64% | -32.48% | 0.67% | 2.21% | -382.98% | 32.50% | 8.16% | 0.00% | 0.00% | 0.00% | -36.36% | |
| -17.07 | -11.70 | -5.01 | -75.38 | -133.92 | 45.40 | 165.82 | 0.46 | 0.23 | -5.15 | -7.24 | -1.11 | -8.75 | |
| EPS in Rs | -3.33 | -1.98 | -0.85 | -12.78 | -22.70 | 7.70 | 28.11 | 0.10 | 0.05 | -1.14 | -1.61 | -0.25 | -1.94 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | 134% |
| 3 Years: | 290% |
| TTM: | -31% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -172% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -15% |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -6% |
| 3 Years: | -11% |
| Last Year: | -3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 51.28 | 58.99 | 58.99 | 58.99 | 58.99 | 58.99 | 0.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 |
| Reserves | -31.98 | -51.45 | -56.47 | -131.85 | -265.77 | -220.37 | 49.45 | 4.91 | 5.14 | -0.02 | -7.27 | -8.40 | -15.18 |
| 143.46 | 184.18 | 243.46 | 339.86 | 340.32 | 367.23 | 7.88 | 9.87 | 33.30 | 66.23 | 127.40 | 171.04 | 172.07 | |
| 54.30 | 71.28 | 76.44 | 18.65 | 35.73 | 18.54 | 4.14 | 6.33 | 3.41 | 11.36 | 7.00 | 6.80 | 8.87 | |
| Total Liabilities | 217.06 | 263.00 | 322.42 | 285.65 | 169.27 | 224.39 | 61.47 | 66.11 | 86.85 | 122.57 | 172.13 | 214.44 | 210.76 |
| 125.72 | 111.51 | 137.51 | 129.20 | 118.14 | 106.95 | 51.70 | 51.55 | 51.36 | 48.64 | 79.64 | 76.12 | 74.49 | |
| CWIP | 0.00 | 2.53 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.55 | 21.84 | 44.09 | 49.82 | 78.47 | 83.70 |
| Investments | 0.34 | 0.34 | 0.39 | 0.60 | 0.60 | 0.60 | 0.48 | 0.34 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 91.00 | 148.62 | 184.52 | 155.85 | 50.53 | 116.84 | 9.29 | 10.67 | 13.65 | 29.84 | 42.67 | 59.85 | 52.57 | |
| Total Assets | 217.06 | 263.00 | 322.42 | 285.65 | 169.27 | 224.39 | 61.47 | 66.11 | 86.85 | 122.57 | 172.13 | 214.44 | 210.76 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -13.44 | -45.15 | 0.00 | -96.23 | 23.87 | -28.07 | 274.34 | 2.36 | -5.89 | 4.58 | -11.40 | 1.27 | |
| -2.87 | -0.34 | 0.00 | -2.50 | 0.95 | 1.30 | 45.56 | -3.47 | -17.96 | -22.34 | -40.31 | -28.90 | |
| 20.14 | 40.72 | 0.00 | 97.58 | -24.74 | 26.64 | -320.19 | 1.97 | 23.44 | 17.70 | 52.68 | 27.55 | |
| Net Cash Flow | 3.83 | -4.78 | 0.00 | -1.14 | 0.08 | -0.13 | -0.29 | 0.86 | -0.41 | -0.06 | 0.97 | -0.08 |
| Free Cash Flow | -16.31 | -45.49 | 0.00 | -98.52 | 24.82 | -26.77 | 319.79 | -1.25 | -24.20 | -17.76 | -51.71 | -27.63 |
| CFO/OP | -2,317% | 6,640% | 0% | 309% | -24% | 3,954% | -347% | 363% | -1,785% | -175% | -722% | 33% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 65.10 | 86.07 | 110.27 | 306.73 | 280.59 | 614.44 | 296.89 | 276.31 | 409.15 | 67.49 | 45.65 | 20.08 |
| Inventory Days | 73.31 | 52.79 | 92.55 | 22.38 | 641.90 | 495.47 | 122.69 | 83.69 | ||||
| Days Payable | 91.90 | 107.48 | 121.97 | 26.47 | 756.57 | 102.25 | 7.82 | 7.38 | ||||
| Cash Conversion Cycle | 46.51 | 31.38 | 80.85 | 302.64 | 165.92 | 614.44 | 296.89 | 276.31 | 409.15 | 460.71 | 160.52 | 96.39 |
| Working Capital Days | 35.10 | 33.34 | 28.97 | -147.98 | -9,807.66 | -22,076.16 | 438.35 | 109.16 | 1,405.54 | 146.44 | 98.01 | 48.55 |
| ROCE % | -4.22% | -6.89% | -0.54% | -16.11% | -53.79% | -5.60% | 186.78% | 0.87% | 0.32% | -4.65% | -1.11% | 0.31% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|
| Biodiesel Production Volume Metric Tons |
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| Samsthan Narayanpur (Unit I) Capacity TPD |
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| Total Installed Biodiesel Capacity TPD |
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| Biodiesel Capacity Utilization % |
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| Total Employees Count |
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| ISP Market Share (Andhra Pradesh/Telangana) % |
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Documents
Announcements
-
Closure of Trading Window
30 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited FY2026 results.
-
Financial Results For The Quarter Ended December 31, 2025
13 Feb - Board approved unaudited Q3 and nine-month results to Dec 31, 2025; Q3 net loss ₹276.46 lakh.
-
Board Meeting Intimation for To Consider And Approve The Financial Results For The Quarter Ended 31.12.2025
6 Feb - Board meeting on Feb 13, 2026 to approve standalone unaudited Q3/9M results for period ended December 31, 2025.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 3 Feb
- Shareholder Meeting / Postal Ballot-Outcome of EGM 2 Feb