Ahasolar Technologies Ltd
Incorporated in 2017, Ahasolar Technologies Ltd provides multiple digital solutions and advisory in the field of renewable energy[1]
- Market Cap ₹ 37.9 Cr.
- Current Price ₹ 123
- 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: | -75% |
| 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
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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.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
4 Apr - Received ₹1 crore work order for solar project consultancy.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Apr - Compliance Certificate under Regulation 74(5) of the SEBI (DP) Reg. 2018 for the quarter ended March, 2025
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
2 Apr - Non-applicability of SEBI circular for debt securities.
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Disclosure Under Regulation 31(4) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011
2 Apr - Yearly disclosure of shareholding by promoters.
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