Ahasolar Tech

₹433 -1.4 | 0.3%

WEBSITE BSE:543941 NSE : AHASOLAR 18 May, 12:50

Market Cap ₹133 Cr.

Stock P/E 0.0

P/B 7.9

Current Price ₹433

Book Value ₹ 54.8

Face Value 10

52W High ₹657.8

Dividend Yield 0%

52W Low ₹ 203

Edit Ratio

Ahasolar Tech Research see more...

Overview Inc. Year: 2017Industry: IT - Software

Ahasolar Technologies Limited is a cleantech platform that helps the adoption of solar energy digitally. Founded in 2017 as a start-up and has evolved into a profitable company that has left an indelible impact on the distributed solar PV space. The company’s mission is to connect multiple stakeholders on a single platform to accelerate the adoption of clean energy. Offers various products and services, such as Aha Solar Helper, a software for solar PV installers to manage and design projects; Aha Marketplace, a platform for buying and selling of solar products and services; Aha Advisory, a service for transaction advisory and technical consultancy for renewable energy projects; and Aha Energy, a service for fractional ownership of renewable energy assets.

Ahasolar Tech Share Price

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Peer Comparison

Ahasolar Tech Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Ahasolar Tech Profit & Loss

#(Fig in Cr.)	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Net Sales	1	2	17	21
Other Income	0	0	0	0
Total Income	1	2	17	21
Total Expenditure	1	2	16	19
Operating Profit	0	0	1	2
Interest	0	0	0	0
Depreciation	0	0	0	0
Exceptional Income / Expenses	0	0	0	0
Profit Before Tax	0	0	1	2
Provision for Tax	0	0	0	-0
Profit After Tax	0	0	1	2
Adjustments	0	0	0	0
Profit After Adjustments	0	0	1	2
Adjusted Earnings Per Share	0.1	0.5	4.3	7.8

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	24%	176%	0%	0%
Operating Profit CAGR	100%	0%	0%	0%
PAT CAGR	100%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	NA%	NA%	NA%	NA%
ROE Average	73%	119%	113%	113%
ROCE Average	64%	70%	55%	55%

Ahasolar Tech Balance Sheet

#(Fig in Cr.)	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	0	0	1	4
Minority's Interest	0	0	0	0
Borrowings	0	0	1	0
Other Non-Current Liabilities	-0	-0	0	0
Total Current Liabilities	1	1	1	1
Total Liabilities	1	1	2	5
Fixed Assets	0	0	1	1
Other Non-Current Assets	1	0	0	0
Total Current Assets	1	1	2	4
Total Assets	1	1	2	5

Ahasolar Tech Cash Flow

#(Fig in Cr.)	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	0	0	0	0
Cash Flow from Operating Activities	-0	0	0	-0
Cash Flow from Investing Activities	-0	-0	-1	-0
Cash Flow from Financing Activities	0	0	0	1
Net Cash Inflow / Outflow	0	0	0	0
Closing Cash & Cash Equivalent	0	0	0	0

Ahasolar Tech Ratios

#	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0.13	0.49	4.28	7.79
CEPS(Rs)	0.14	0.51	4.45	8.74
DPS(Rs)	0	0	0	0
Book NAV/Share(Rs)	0.13	0.63	4.91	17.89
Core EBITDA Margin(%)	1.93	5.96	5.49	9.21
EBIT Margin(%)	1.85	5.87	5.41	8.23
Pre Tax Margin(%)	1.77	5.73	5.4	8.23
PAT Margin (%)	1.61	4.22	4.01	8.38
Cash Profit Margin (%)	1.71	4.37	4.16	9.4
ROA(%)	1.49	7.06	42.52	46.24
ROE(%)	95.83	129.25	154.59	72.92
ROCE(%)	9.44	37.03	108.32	63.94
Receivable days	98.41	54.3	16.87	36.39
Inventory Days	31.88	0	0	0
Payable days	-3912.06	2153.31	8.48	6.13
PER(x)	0	0	0	0
Price/Book(x)	0	0	0	0
Dividend Yield(%)	0	0	0	0
EV/Net Sales(x)	0.18	0.07	0.02	0.08
EV/Core EBITDA(x)	9.38	1.21	0.38	0.91
Net Sales Growth(%)	0	45.81	813.24	22.82
EBIT Growth(%)	0	363.03	741.47	86.85
PAT Growth(%)	0	282.13	767.64	157
EPS Growth(%)	0	282.13	767.64	81.86
Debt/Equity(x)	10.67	2.4	0.74	0
Current Ratio(x)	0.55	1.43	1.86	3.97
Quick Ratio(x)	0.45	1.43	1.86	3.97
Interest Cover(x)	23.8	40.81	579.56	1019.24
Total Debt/Mcap(x)	0	0	0	0

Ahasolar Tech Shareholding Pattern

#	Sep 2023	Mar 2024
Promoter	36.95	36.95
FII	0	0
DII	0	0
Public	63.05	63.05
Others	0	0
Total	100	100

#	Sep 2023	Mar 2024
Promoter	0.11	0.11
FII	0	0
DII	0	0
Public	0.19	0.19
Others	0	0
Total	0.31	0.31

Pros

Company has a good return on equity (ROE) track record: 3 Years ROE 119%
Debtor days have improved from 8.48 to 6.13days.
Company has reduced debt.
Company is almost debt free.

Cons

Promoter holding is low: 36.95%.
Stock is trading at 7.9 times its book value.

* 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.