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Earnings Call

Sahaj Solar Earnings Call: Key Takeaways

Sahaj Solar delivered a 27% revenue increase in FY26, but profitability is under pressure from rising finance costs and government-linked payment delays.

Why this was an Alfa AlertNot a filter event; results are in line with general growth expectations, not beating material guidance.
Highlights
Revenue growth27% YoY revenue growth driven by solar water pump execution.
MarginsStable EBITDA at 13-14%; PAT impacted by higher interest costs.
Order book₹402 crore as of March 2026; high execution focus.
Demand visibilityStrong visibility with ₹402 crore order book across India and Africa.
Management confidenceConfident but cautious regarding government payment cycles and working capital.

Growth

Revenue grew 27% to ₹419 crore; EBITDA margins remained stable at 13-14% despite supply chain volatility.

Outlook

Management guides for 30%+ revenue growth and stable 12%+ EBITDA margins over the next three years.

Risks

High working capital intensity and dependence on government payment cycles; finance costs rose significantly due to debt.

Source

Earnings Call filed with NSE, NSE: SAHAJSOLAR. Summary written with AI assistance from the document.

Read the document ↗

Sahaj Solar Ltd: key numbers

Share price
₹90.00
Market cap
₹197.8 Cr
Revenue (annual)
₹419.2 Cr
Net profit (annual)
₹29.57 Cr
P/E (TTM)
6.7×Sector 53.6×
Promoter holding
71.28%
FII holding
0.01%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Credit Rating

Sahaj Solar Credit Rating

Sahaj Solar Limited announced that India Ratings and Research withdrew the credit rating for its bank facilities worth ₹175 Crore, following the company's request.

Value
₹175.0 Cr