Sahaj Solar Ltd
Sahaj Solar Limited, founded in 2010, is a provider of renewable energy solutions.[1]
- Market Cap ₹ 736 Cr.
- Current Price ₹ 670
- High / Low ₹ 790 / 342
- Stock P/E 55.9
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 39.4 %
- ROE 53.2 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 42.5%
Cons
- Company has high debtors of 161 days.
- Working capital days have increased from 86.9 days to 127 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.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 62 | 67 | 185 | 201 | |
| 59 | 63 | 174 | 177 | |
| Operating Profit | 3 | 4 | 11 | 24 |
| OPM % | 5% | 6% | 6% | 12% |
| 0 | 1 | 0 | 1 | |
| Interest | 1 | 2 | 2 | 4 |
| Depreciation | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 1 | 9 | 20 |
| Tax % | 29% | 28% | 24% | 32% |
| 1 | 1 | 6 | 13 | |
| EPS in Rs | 1.15 | 1.95 | 8.11 | 16.32 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 48% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 166% |
| TTM: | 109% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 43% |
| Last Year: | 53% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 5 | 5 | 8 | 8 |
| Reserves | 4 | 5 | 9 | 25 |
| 15 | 17 | 14 | 57 | |
| 10 | 34 | 61 | 60 | |
| Total Liabilities | 35 | 61 | 91 | 149 |
| 10 | 8 | 8 | 7 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| 25 | 53 | 83 | 142 | |
| Total Assets | 35 | 61 | 91 | 149 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 4 | -2 | 10 | -35 | |
| -2 | 0 | -1 | -0 | |
| -2 | 1 | -7 | 44 | |
| Net Cash Flow | -0 | -1 | 1 | 9 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 53 | 204 | 106 | 161 |
| Inventory Days | 71 | 73 | 26 | 36 |
| Days Payable | 59 | 210 | 124 | 103 |
| Cash Conversion Cycle | 64 | 67 | 8 | 94 |
| Working Capital Days | 77 | 97 | 37 | 127 |
| ROCE % | 11% | 36% | 39% |
Documents
Announcements
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Agreements,Contracts,Arrangements,MOU-XBRL
13 August 2024 - Sahaj Solar Limited has informed regarding Contract Agreement between MEDA and Sahaj Solar Limited
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Agreements,Contracts,Arrangements,MOU-XBRL
13 August 2024 - Sahaj Solar Limited has informed regarding Contract Agreement between MEDA and Sahaj Solar Limited
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Agreements,Contracts,Arrangements,MOU-XBRL
13 August 2024 - Sahaj Solar Limited has informed regarding Contract Agreement between DGVCL and Sahaj Solar Limited
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Price movement
13 August 2024 - Clarification on price movement of Sahaj Solar shares.
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Updates
3 August 2024 - Sahaj Solar Limited has informed regarding 'Procurement of new work order'. from DGVCL, Gujarat
Annual reports
No data available.
Business Division[1]
PV Module Manufacturing: Their PV module manufacturing facility is located in Bavla, Ahmedabad, Gujarat. It covers an area of 2,883.77 square meters with a building of 2,445.5 square meters. The plant has a capacity of 100 MW and offers automated manufacturing of mono and polycrystalline PV modules for various solar projects in India and abroad. It also manufactures mono PERC (Passivated Emitter and Rear Contact) modules.