Ahasolar Technologies Ltd
Incorporated in 2017, Ahasolar Technologies Ltd provides multiple digital solutions and advisory in the field of renewable energy[1]
- Market Cap ₹ 24.7 Cr.
- Current Price ₹ 80.0
- High / Low ₹ 136 / 70.0
- Stock P/E 13.6
- Book Value ₹ 47.5
- Dividend Yield 0.00 %
- ROCE -5.71 %
- ROE -6.30 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Promoter holding is low: 37.0%
- Earnings include an other income of Rs.0.71 Cr.
* 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
Consumer Discretionary Consumer Services Retailing E-Retail/ E-Commerce
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|
| 42.04 | 57.99 | 70.94 | |
| 42.16 | 59.00 | 69.29 | |
| Operating Profit | -0.12 | -1.01 | 1.65 |
| OPM % | -0.29% | -1.74% | 2.33% |
| 0.48 | 0.50 | 0.71 | |
| Interest | 0.01 | 0.08 | 0.11 |
| Depreciation | 0.30 | 0.38 | 0.46 |
| Profit before tax | 0.05 | -0.97 | 1.79 |
| Tax % | 20.00% | -1.03% | |
| 0.04 | -0.96 | 1.81 | |
| EPS in Rs | 0.13 | -3.11 | 5.87 |
| Dividend Payout % | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 36% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 187% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | -6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|
| Equity Capital | 3.08 | 3.08 | 3.08 |
| Reserves | 12.64 | 11.69 | 11.57 |
| 0.00 | 0.71 | 0.23 | |
| 1.71 | 3.86 | 6.56 | |
| Total Liabilities | 17.43 | 19.34 | 21.44 |
| 0.96 | 1.16 | 2.72 | |
| CWIP | 0.96 | 2.03 | 6.86 |
| Investments | 0.00 | 0.00 | 1.14 |
| 15.51 | 16.15 | 10.72 | |
| Total Assets | 17.43 | 19.34 | 21.44 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| -1.42 | -1.75 | |
| -7.77 | 2.06 | |
| 11.69 | 0.63 | |
| Net Cash Flow | 2.50 | 0.95 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 39.16 | 37.45 |
| Inventory Days | 0.21 | 0.15 |
| Days Payable | 2.36 | 12.48 |
| Cash Conversion Cycle | 37.00 | 25.13 |
| Working Capital Days | 34.82 | 25.43 |
| ROCE % | -5.71% |
Documents
Announcements
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Board Meeting Intimation for Notice Is Hereby Given Pursuant To Regulation 29 Of SEBI (LODR) Reg, 2015 That The Meeting Of The Board Of The Company Is Scheduled To Be Held On Thursday, March 5Th 2026 At The Registered Office Of The Company
11h - Board meeting on 5 March 2026 to appoint Mr. Dinesh Shah as Additional Independent Director.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
13 Feb - Received ₹59 lakh, six-month rooftop solar awareness campaign order from BSES Yamuna under PM Surya Ghar Muft Bijli Yojana.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2 Jan - RTA-certified Regulation 74(5) certificate for quarter ended December 31, 2025; details furnished to stock exchanges.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
30 Dec 2025 - Received 18-month OEPMC consultancy order for 875MW PV in RVUNL Pugal; value ~Rs.1.18 Crore.
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Announcement under Regulation 30 (LODR)-Demise
15 Dec 2025 - Independent Director Ashokkumar R. Patel died Dec 13, 2025; ceased as Audit Committee chair.
Annual reports
Concalls
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Aug 2023TranscriptAI SummaryPPT
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