Price
Financials
Consolidated, Rs crore| Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 61 | 140 | 98 | 232 | 111 | 308 |
| Expenses | 57 | 120 | 90 | 198 | 100 | 267 |
| Operating Profit | 4 | 20 | 8 | 34 | 11 | 41 |
| OPM % | 7% | 14% | 9% | 15% | 10% | 13% |
| Other Income | 0 | 0 | 1 | 0 | 0 | 1 |
| Interest | 1 | 3 | 2 | 2 | 4 | 8 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 3 | 17 | 6 | 32 | 7 | 34 |
| Tax % | 39% | 30% | 22% | 27% | 25% | 26% |
| Net Profit | 2 | 12 | 5 | 23 | 5 | 25 |
| EPS in Rs | 1.17 | 7.03 | 2.14 | 10.38 | 2.33 | 11.12 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 62 | 67 | 185 | 201 | 330 | 419 |
| Expenses | 59 | 63 | 174 | 177 | 288 | 367 |
| Operating Profit | 3 | 4 | 11 | 24 | 42 | 52 |
| OPM % | 5% | 6% | 6% | 12% | 13% | 12% |
| Other Income | 0 | 1 | 0 | 1 | 1 | 2 |
| Interest | 1 | 2 | 2 | 4 | 4 | 11 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 2 |
| Profit before tax | 1 | 1 | 9 | 20 | 38 | 41 |
| Tax % | 29% | 28% | 24% | 32% | 26% | 26% |
| Net Profit | 1 | 1 | 6 | 13 | 28 | 30 |
| EPS in Rs | 0.58 | 0.98 | 4.04 | 8.17 | 12.52 | 13.46 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 47% | 31% | 27% | ||
| Compounded Profit Growth | % | 111% | 67% | 7% | ||
| Stock Price CAGR | % | % | % | -63% | ||
| Return on Equity | % | 32% | 32% | 24% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 8 | 8 | 11 | 22 |
| Reserves | 4 | 5 | 9 | 25 | 98 | 116 |
| Borrowings | 15 | 17 | 14 | 57 | 57 | 176 |
| Other Liabilities | 10 | 34 | 61 | 60 | 138 | 166 |
| Total Liabilities | 35 | 61 | 91 | 149 | 304 | 479 |
| Fixed Assets | 10 | 8 | 8 | 7 | 6 | 24 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 11 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 25 | 53 | 83 | 142 | 298 | 445 |
| Total Assets | 35 | 61 | 91 | 149 | 304 | 479 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 4 | -2 | 10 | -35 | -47 | -78 |
| Cash from Investing Activity | -2 | 0 | -1 | -0 | -0 | -29 |
| Cash from Financing Activity | -2 | 1 | -7 | 44 | 45 | 108 |
| Net Cash Flow | -0 | -1 | 1 | 9 | -2 | 0 |
| Free Cash Flow | 2 | -3 | 9 | -35 | -47 | -108 |
| CFO/OP | 132% | -35% | 117% | -116% | -86% | -151% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 53 | 204 | 106 | 161 | 219 | 281 |
| Inventory Days | 71 | 73 | 26 | 36 | 31 | 26 |
| Days Payable | 59 | 210 | 124 | 103 | 168 | 131 |
| Cash Conversion Cycle | 64 | 67 | 8 | 94 | 83 | 176 |
| Working Capital Days | 20 | 39 | 17 | 5 | 72 | 61 |
| ROCE % | 11% | 36% | 39% | 33% | 22% |
| Sep 2024 | Mar 2025 | Apr 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Promoters | 71.28% | 71.28% | 71.28% | 71.28% | 71.28% |
| FIIs | 1.11% | 0.03% | 0.03% | 0.03% | 0.01% |
| DIIs | 4.02% | 1.82% | 1.82% | 1.25% | 1.12% |
| Public | 23.60% | 26.87% | 26.87% | 27.44% | 27.59% |
| No. of Shareholders | 1,551 | 2,947 | 2,982 | 3,196 | 3,122 |
Fundamentals
Market Cap₹ 193 Cr.
Current Price₹ 87.9
Stock P/E6.53
Book Value₹ 62.9
ROCE21.6 %
ROE24.0 %
Dividend Yield0.57 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)27%
Compounded Profit Growth (TTM)7%
Consolidated figures.
Valuation
Market capRs 190 Cr
Enterprise valueRs 206 Cr
P/E (TTM)186.44x
Price to book18.98x
Price to sales2.85x
EV / EBITDA46.75x
EV / EBIT66.94x
EV / sales3.09x
Earnings yield0.54%
Profitability
Operating margin (excl. other income)5.83%
Operating margin (incl. other income)6.60%
EBITDA margin6.60%
Pre-tax margin2.11%
Net profit margin1.53%
ROE10.58%
ROCE11.99%
ROA2.13%
ROIC (approx.)8.57%
Tax rate27.66%
Other income / net worth5.19%
Growth
Sales growth (latest year)7.82%
Profit growth (latest year)70.00%
Per share
EPS (TTM)Rs 0.46
EPS (latest year)Rs 1.95
Book value per shareRs 4.56
Sales per shareRs 30.39
Cash flow per shareRs -0.76
Free cash flow per shareRs -49.15
Efficiency
Asset turnover1.09x
Fixed asset turnover8.55x
Inventory turnover5.09x
Inventory days72 days
Debtor days204 days
Debtors turnover1.79x
Creditor days131 days
Cash conversion cycle176 days
Working capital days61 days
Leverage
Total debtRs 17 Cr
Cash and bankRs 1 Cr
Net debtRs 16 Cr
Debt to equity1.70x
Net debt / EBITDA3.63x
Interest coverage1.84x
Owners' fund to total sources16.42%
Debt to assets27.95%
Cash flow
Cash from Operating Activity (latest year)Rs -2 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Cash from Financing Activity (latest year)Rs 1 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -108 Cr
FCFE (approx.: FCF + change in debt)Rs -106 Cr
Cash from ops / profit, 5 years-1.95x
Statement figures
Net sales (TTM)Rs 67 Cr
Net sales (latest year)Rs 67 Cr
Operating profit excl. other income (latest year)Rs 4 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 4 Cr
PBDT (TTM)Rs 3 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 57 Cr
Total expenditure (latest year)Rs 63 Cr
Total income (latest year)Rs 67 Cr
Share capitalRs 5 Cr
ReservesRs 5 Cr
Shareholders' fundsRs 10 Cr
Total assetsRs 61 Cr
Net blockRs 8 Cr
ReceivablesRs 37 Cr
InventoryRs 11 Cr
Other liabilitiesRs 34 Cr
Shares outstanding (crore)2.20
Ownership
Promoter holding71.28% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | SAHAJSOLAR | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.1% | -2.8% | -0.4 pts |
| 1 month | -10.5% | -6.8% | -3.7 pts |
| 3 months | -34.7% | -7.6% | -27.1 pts |
| 6 months | -6.2% | +0.4% | -6.6 pts |
| 1 year | -62.4% | -9.9% | -52.5 pts |
| 2 years | -87.2% | -13.6% | -73.7 pts |
Red flags
F-score 4 of 8| explain | Receivables outrunning sales Receivables grew 315% vs sales +8% in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹308 Cr +120.0% vs Mar 2024.
Net profit ₹25 Cr +108.3%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Apar Industries Ltd | 74,545 | 61.8 | 31.8 % |
| Waaree Energies Ltd | 68,461 | 17.0 | 38.4 % |
| Premier Energies Ltd | 39,494 | 23.7 | 32.7 % |
| MTAR Technologies Ltd | 22,842 | 166 | 15.2 % |
| Emmvee Photovoltaic Power Ltd | 21,778 | 17.1 | 44.6 % |
| Diamond Power Infrastructure Ltd | 21,055 | 114 | 24.2 % |
| Avalon Technologies Ltd | 15,396 | 115 | 19.3 % |
| Fujiyama Power Systems Ltd | 12,512 | 29.9 | 35.1 % |
| Genus Power Infrastructures Ltd | 8,934 | 13.7 | 25.3 % |
| Waaree Renewable Technologies Ltd | 8,574 | 16.8 | 85.0 % |
| Vikram Solar Ltd | 5,801 | 16.1 | 30.6 % |
| Ram Ratna Wires Ltd | 5,450 | 42.1 | 23.6 % |
| Saatvik Green Energy Ltd | 5,249 | 21.1 | 32.9 % |
| Shilchar Technologies Ltd | 4,613 | 33.5 | 50.7 % |
| Yash Highvoltage Ltd | 3,293 | 84.6 | 28.6 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 150perc in previous 12 monthsLess than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded
Quick answers
What is the market cap of Sahaj Solar Ltd?
Sahaj Solar Ltd (SAHAJSOLAR) has a market capitalisation of Rs 193 Cr. at the 2026-10-01 close.
What is the P/E ratio of Sahaj Solar Ltd?
Sahaj Solar Ltd trades at a P/E of 6.53 on trailing twelve-month profit, at the 2026-10-01 close.
What were Sahaj Solar Ltd's latest quarterly results?
In the Mar 2026 quarter, Sahaj Solar Ltd sales was Rs 308 Cr (+120.0% vs Mar 2024) and net profit was Rs 25 Cr.
What is the 52-week high and low of Sahaj Solar Ltd?
The 52-week high is Rs 236.10 and the 52-week low is Rs 84.50.