Ahasolar Technologies Ltd

Ahasolar Technologies Ltd

₹ 82.0 -0.40%
20 Jul 4:01 p.m.
About

Incorporated in 2017, Ahasolar Technologies Ltd provides multiple digital solutions and advisory in the field of renewable energy[1]

Key Points

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

  • Market Cap 25.3 Cr.
  • Current Price 82.0
  • High / Low 136 / 58.9
  • Stock P/E 149
  • Book Value 48.3
  • Dividend Yield 0.00 %
  • ROCE 2.17 %
  • ROE 1.15 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 37.0%
  • Company has a low return on equity of -2.03% over last 3 years.
  • Debtor days have increased from 76.1 to 132 days.
  • Working capital days have increased from 63.5 days to 118 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.

Loading peers table ...

Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
9.85 11.03 12.89 29.16 23.07 15.92 3.74 6.99
9.57 9.52 13.66 28.52 26.00 14.08 4.08 6.51
Operating Profit 0.28 1.51 -0.77 0.64 -2.93 1.84 -0.34 0.48
OPM % 2.84% 13.69% -5.97% 2.19% -12.70% 11.56% -9.09% 6.87%
0.00 0.01 0.13 0.35 0.26 0.24 0.49 0.05
Interest 0.00 0.00 0.00 0.00 0.03 0.05 0.04 0.01
Depreciation 0.04 0.18 0.13 0.17 0.18 0.20 0.26 0.08
Profit before tax 0.24 1.34 -0.77 0.82 -2.88 1.83 -0.15 0.44
Tax % 33.33% -6.72% 0.00% 1.22% 0.00% -1.64% -13.33% 31.82%
0.16 1.43 -0.77 0.81 -2.88 1.86 -0.13 0.30
EPS in Rs 1.35 6.32 -2.50 2.63 -9.34 6.03 -0.42 0.97
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0.00 0.18 1.29 1.88 17.30 20.87 42.04 39.00 10.99
0.01 0.18 1.27 1.77 16.19 19.08 42.16 40.10 10.60
Operating Profit -0.01 0.00 0.02 0.11 1.11 1.79 -0.12 -1.10 0.39
OPM % 0.00% 1.55% 5.85% 6.42% 8.58% -0.29% -2.82% 3.55%
0.00 0.00 0.00 0.00 0.01 0.01 0.48 0.51 0.28
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.08 0.05
Depreciation 0.00 0.00 0.00 0.00 0.03 0.21 0.30 0.38 0.34
Profit before tax -0.01 0.00 0.02 0.11 1.09 1.59 0.05 -1.05 0.28
Tax % 0.00% 0.00% 27.27% 27.52% -0.63% 20.00% -2.86% 42.86%
-0.01 0.01 0.02 0.08 0.79 1.60 0.04 -1.02 0.17
EPS in Rs -100.00 10.00 20.00 80.00 790.00 7.07 0.13 -3.31 0.55
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 42%
3 Years: -19%
TTM: -72%
Compounded Profit Growth
10 Years: %
5 Years: 16%
3 Years: -53%
TTM: 117%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -27%
1 Year: -25%
Return on Equity
10 Years: %
5 Years: 4%
3 Years: -2%
Last Year: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 0.00 0.01 0.01 0.01 0.01 2.26 3.08 3.08 3.08
Reserves -0.01 -0.01 0.01 0.09 0.88 1.72 12.64 11.63 11.80
0.01 0.01 0.23 0.24 0.58 0.00 0.00 0.71 0.06
0.01 0.09 1.14 0.51 0.95 1.23 1.71 2.80 2.70
Total Liabilities 0.01 0.10 1.39 0.85 2.42 5.21 17.43 18.22 17.64
0.00 0.00 0.02 0.02 0.54 0.78 0.96 1.16 2.73
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.96 2.03 6.90
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01
0.01 0.10 1.37 0.83 1.88 4.43 15.51 15.02 8.00
Total Assets 0.01 0.10 1.39 0.85 2.42 5.21 17.43 18.22 17.64

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-0.20 0.10 0.21 -0.27 -1.42 -1.84 1.74
-0.02 -0.01 -0.53 -0.44 -7.77 2.07 -4.02
0.22 0.01 0.34 0.92 11.69 0.63 -0.70
Net Cash Flow 0.00 0.11 0.02 0.21 2.50 0.86 -2.97
Free Cash Flow -0.22 0.09 -0.33 -0.72 -2.86 -3.49 -5.04
CFO/OP -1,000% 91% 44% 11% 1,000% 143% 492%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 20.28 99.03 40.77 33.12 49.32 39.16 56.90 132.18
Inventory Days 60.83 0.00 0.00 0.00 0.21 0.26 4.15
Days Payable 243.33 2.36 7.93 138.95
Cash Conversion Cycle -162.22 99.03 40.77 33.12 49.32 37.00 49.23 -2.62
Working Capital Days -60.83 -144.30 19.41 15.19 42.15 34.82 38.00 117.57
ROCE % 0.00% 15.38% 37.29% 120.44% 58.35% 0.61% -6.23% 2.17%

Insights

In beta
Mar 2023 Mar 2024 Mar 2025
Cities of Operation (Advisory Footprint)
count

Log in to view insights

Please log in to see hidden values.

Login
Permanent Employees on Roll
count
Cumulative Solar Capacity Enabled (Advisory & Consultancy)
MW
Ongoing Advisory Projects / Work Orders
count
Paid SaaS Users on Platform
count
Solar Installers on Platform
count
Solar Power Plant Capacity Under Construction (Owned)
MW
Solar Power Plant Operational Capacity (Owned)
MW

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
36.95% 36.95% 36.95% 36.95% 36.95% 36.95%
63.04% 63.05% 63.06% 63.04% 63.05% 63.04%
No. of Shareholders 5008801,1451,1921,1721,014

Documents