Sahaj Solar Ltd

Sahaj Solar Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Sahaj Solar Ltd

₹ 521 -1.70%
11 Dec 3:43 p.m.
sahajsolar.com NSE - SME: SAHAJSOLAR
About

Sahaj Solar Limited, founded in 2010, is a provider of renewable energy solutions.[1]

Key Points

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.

Website NSE - ST
  • Market Cap ₹ 572 Cr.
  • Current Price ₹ 521
  • High / Low ₹ 790 / 342
  • Stock P/E 43.5
  • Book Value ₹ 79.1
  • Dividend Yield 0.00 %
  • ROCE 39.4 %
  • ROE 53.2 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 42.5%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • 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

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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2023 Sep 2024
61 98
57 90
Operating Profit 4 8
OPM % 7% 9%
0 1
Interest 1 2
Depreciation 1 1
Profit before tax 3 6
Tax % 39% 22%
2 5
EPS in Rs 2.34 4.28
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 Sep 2024
Equity Capital 5 5 8 8 11
Reserves 4 5 9 25 76
15 17 14 57 3
10 34 61 60 65
Total Liabilities 35 61 91 149 155
10 8 8 7 7
CWIP 0 0 0 0 0
Investments 0 0 0 0 0
25 53 83 142 148
Total Assets 35 61 91 149 155

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%

Shareholding Pattern

Numbers in percentages

Sep 2024
71.28%
1.11%
4.02%
23.60%
No. of Shareholders 1,551

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

No data available.

Concalls

  • Nov 2024
    Transcript
    Notes
    PPT