Sahaj Solar Ltd
SAHAJSOLARSahaj Solar Ltd
SAHAJSOLAR![](https://assets.tickertape.in/sector-icons/industrials.png)
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Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
— | 22.75 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
51.32 | 7.35 | 0.45% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Sahaj Solar is engaged in three businesses of photovoltaic (PV) module manufacturing, providing solar pumping systems, and providing engineering, procurement, and construction (EPC) services.
Peers
Compare with peersSuzlon Energy Ltd
Sterling and Wilson Renewable Energy Ltd
Azad Engineering Ltd
Websol Energy System Ltd
Alpex Solar Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Revenue Forecast
Earnings Per Share Forecast
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | |||||
---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 62.18 | 67.29 | 185.80 | 201.71 | — | |||||
Raw Materials | 48.53 | 55.99 | 161.75 | 159.36 | — | |||||
Power & Fuel Cost | 0.40 | 0.27 | 0.27 | 0.36 | ||||||
Employee Cost | 2.81 | 2.84 | 2.55 | 4.16 | ||||||
Selling & Administrative Expenses | 2.23 | 2.82 | 3.86 | 13.52 | ||||||
Operating & Other expenses | 4.94 | 0.96 | 5.60 | -0.61 | ||||||
EBITDA | 3.27 | 4.41 | 11.77 | 24.92 | — | |||||
Depreciation/Amortization | 1.18 | 1.33 | 1.24 | 1.16 | — | |||||
PBIT | 2.09 | 3.08 | 10.53 | 23.76 | — | |||||
Interest & Other Items | 1.10 | 1.67 | 1.97 | 4.17 | — | |||||
PBT | 0.99 | 1.41 | 8.56 | 19.59 | — | |||||
Taxes & Other Items | 0.40 | 0.39 | 2.20 | 6.42 | — | |||||
Net Income | 0.59 | 1.02 | 6.36 | 13.17 | — | |||||
EPS | 0.75 | 1.30 | 8.12 | 16.57 | — | |||||
DPS | 0.00 | 0.00 | 0.00 | 0.00 | — | |||||
Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | — |
Company Updates
Peers & Comparison
IndustrialsRenewable Energy Equipment & Services
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Sahaj Solar Ltd | 58.10 | 22.75 | — |
Suzlon Energy Ltd | 159.05 | 26.79 | — |
Sterling and Wilson Renewable Energy Ltd | -72.97 | 16.19 | — |
Azad Engineering Ltd | 158.96 | 45.64 | — |
Price Comparison
Compare SAHAJSOLAR with any stock or ETFShareholdings
Promoter Holdings Trend
Institutional Holdings Trend
No institutional holdings trend are available
Shareholding Pattern
Feb 2023
Mar 2024
Jul 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
SAHAJSOLAR has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
The scrip was listed at Rs 342, a premium of 90% over the initial public offer (IPO) price. The stock is currently frozen in its upper limit of 5% over its listing price. The counter hit a high of Rs 359.10 and a low of Rs 342. About 3.14 lakh shares of the company changed hands at the counter. Sahaj Solar's IPO was subscribed 338.78 times. The issue opened for bidding on 11 July 2024 and it closed on 15 July 2024. The price band of the IPO was set at Rs 171 to Rs 180 per share. The IPO comprised fresh issue of 29,20,000 shares. The promoter and promoter shareholding diluted to 71.28% from 97.08% pre-IPO. The company intends to utilize the net proceeds for working capital requirements, issue expenses and general corporate purposes. Ahead of the IPO, Sahaj Solar on 10 July 2024, raised Rs 14.83 crore from anchor investors. The board allotted 8.24 lakh shares at Rs 180 per share to three anchor investor. Gujarat-based Sahaj Solar is a renewable energy solution provider engaged majorly into three businesses being manufacturing of PV modules, providing solar water pumping systems and providing EPC services to its pan-India customers. The company sells solar PV modules under the brand name of 'SAHAJ'. As on 31 March 2024, company had 62 employees. The company recorded revenue from operations of Rs 201.17 crore and net profit of Rs 13.37 crore for the period as on 31 March 2024. Powered by Capital Market - Live
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant