Ahasolar Technologies Ltd
Incorporated in 2017, Ahasolar Technologies Ltd provides multiple digital solutions and advisory in the field of renewable energy[1]
- Market Cap ₹ 33.4 Cr.
- Current Price ₹ 108
- High / Low ₹ 537 / 85.6
- Stock P/E
- Book Value ₹ 41.7
- Dividend Yield 0.00 %
- ROCE 0.61 %
- ROE 0.41 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding is low: 37.0%
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.18 | 1.29 | 1.88 | 17.30 | 20.87 | 41.92 | 52.23 | |
| 0.01 | 0.18 | 1.27 | 1.77 | 16.19 | 19.08 | 42.16 | 54.52 | |
| Operating Profit | -0.01 | 0.00 | 0.02 | 0.11 | 1.11 | 1.79 | -0.24 | -2.29 |
| OPM % | 0.00% | 1.55% | 5.85% | 6.42% | 8.58% | -0.57% | -4.38% | |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.60 | 0.61 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.03 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.21 | 0.30 | 0.35 |
| Profit before tax | -0.01 | 0.00 | 0.02 | 0.11 | 1.09 | 1.59 | 0.05 | -2.06 |
| Tax % | 0.00% | 0.00% | 27.27% | 27.52% | -0.63% | 20.00% | ||
| -0.01 | 0.01 | 0.02 | 0.08 | 0.79 | 1.60 | 0.04 | -2.07 | |
| EPS in Rs | -100.00 | 10.00 | 20.00 | 80.00 | 790.00 | 7.07 | 0.13 | -6.71 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 197% |
| 3 Years: | 181% |
| TTM: | 118% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | -21% |
| TTM: | -414% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -76% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 19% |
| Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 2.26 | 3.08 | 3.08 |
| Reserves | -0.01 | -0.01 | 0.01 | 0.09 | 0.88 | 1.72 | 12.64 | 9.77 |
| 0.01 | 0.01 | 0.23 | 0.24 | 0.58 | 0.00 | 0.00 | 0.58 | |
| 0.01 | 0.09 | 1.14 | 0.51 | 0.95 | 1.23 | 1.71 | 7.37 | |
| Total Liabilities | 0.01 | 0.10 | 1.39 | 0.85 | 2.42 | 5.21 | 17.43 | 20.80 |
| 0.00 | 0.00 | 0.02 | 0.02 | 0.54 | 0.78 | 0.96 | 1.94 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.96 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.60 |
| 0.01 | 0.10 | 1.37 | 0.83 | 1.88 | 4.43 | 15.51 | 18.26 | |
| Total Assets | 0.01 | 0.10 | 1.39 | 0.85 | 2.42 | 5.21 | 17.43 | 20.80 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| -0.20 | 0.10 | 0.21 | -0.27 | -1.42 | |||
| -0.02 | -0.01 | -0.53 | -0.44 | -7.77 | |||
| 0.22 | 0.01 | 0.34 | 0.92 | 11.69 | |||
| Net Cash Flow | 0.00 | 0.11 | 0.02 | 0.21 | 2.50 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 20.28 | 99.03 | 40.77 | 33.12 | 49.32 | 39.27 | |
| Inventory Days | 60.83 | 0.00 | 0.00 | 0.00 | 0.21 | ||
| Days Payable | 243.33 | 2.36 | |||||
| Cash Conversion Cycle | -162.22 | 99.03 | 40.77 | 33.12 | 49.32 | 37.11 | |
| Working Capital Days | -60.83 | -144.30 | 19.41 | 15.19 | 42.15 | 34.92 | |
| ROCE % | 0.00% | 15.38% | 37.29% | 120.44% | 58.35% | 0.61% |
Documents
Announcements
-
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
2d - Entered 25-year PPA for 2.5 MW solar power at Rs.2.76/unit with UGVCL under DREBP scheme.
-
Board Meeting Intimation for Meeting To Be Held On 27Th May, 2025
2d - Board meeting on May 27 to approve FY25 results and appoint auditors; trading window closure announced.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
2d - Received ₹19.90L consultancy order for 100MW BESS DPR from UPCL, execution in 4 months.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
15 May - Received Rs.11.76 lakh consultancy order for solar project feasibility in 48 Gujarat locations from GUDCL.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
21 Apr - Received ₹32.25 lakh consultancy order from ONGC for 15 months energy efficiency services.
Annual reports
Concalls
-
Aug 2023TranscriptNotesPPT
Business Overview:[1]
a) ASTL is a DPIIT recognised startup for CleanTech enabling Energy Transition through Digital Transformation
b) It is in the business of providing solutions and advisory for solar renewable energy
c) Company has developed an AI based intelligent Solar Digital Platform.
d) It works in Climate Change, Renewable and Digital space