✍️Company Description
Sahaj Solar is a solar panel manufacturer in India. It specializes in EPC services, microgrids, and solar water pumps, we help our clients create their futures in the Solar energy sector. Its mission is to support the development of renewable energy sources, energy accumulation, and energy-efficient practices.
Sahaj Solar is a solar panel manufacturer in India. It specializes in EPC services, microgrids, and solar water pumps, we help our clients create their futures in the Solar energy sector. Its mission is to support the development of renewable energy sources, energy accumulation, and energy-efficient practices.
🔶Key Metrics
Stock Name: Sahaj Solar Ltd.
Sector: Clean Energy
CMP: Rs. 536
Market Cap: 589Cr
Promoter Holding: 71.3%
FY24Revenue: 201Cr (v/s 185Cr in FY23)
FY24PAT: 13Cr (v/s 6Cr in FY23)
H1FY25Revenue: 98Cr (v/s 61Cr in H1FY24)
H1FY25PAT: 5Cr (v/s 2Cr in H1FY24) x.com
Stock Name: Sahaj Solar Ltd.
Sector: Clean Energy
CMP: Rs. 536
Market Cap: 589Cr
Promoter Holding: 71.3%
FY24Revenue: 201Cr (v/s 185Cr in FY23)
FY24PAT: 13Cr (v/s 6Cr in FY23)
H1FY25Revenue: 98Cr (v/s 61Cr in H1FY24)
H1FY25PAT: 5Cr (v/s 2Cr in H1FY24) x.com
⚙️Product Portfolio
Company’s product portfolio includes Solar Panels, Solar Water Pumps, Solar Mobile Trolleys, Solar Home Light, Solar Street Light and Solar Off-Grid Power Plant. x.com
Company’s product portfolio includes Solar Panels, Solar Water Pumps, Solar Mobile Trolleys, Solar Home Light, Solar Street Light and Solar Off-Grid Power Plant. x.com
🏭Manufacturing Facility
Company has its manufacturing facility located in Bavla Gujarat with manufacturing capacity of 100MW of Solar PV Modules. Company also has various branches located in various parts of the country. x.com
Company has its manufacturing facility located in Bavla Gujarat with manufacturing capacity of 100MW of Solar PV Modules. Company also has various branches located in various parts of the country. x.com
🏗️Ongoing Projects
Company has various ongoing projects in various parts of the country including Gujarat, Maharashtra, Punjab, Assam and Tripura. x.com
Company has various ongoing projects in various parts of the country including Gujarat, Maharashtra, Punjab, Assam and Tripura. x.com
💵Clientele
Few of the clients of the company includes Indian Oil, Premier Sun, Powertrac, Tenneco, Zydus Hospital, The World Bank, Techno Industries Ltd. etc. Top 10 clients of the company contribute to the 67.4% of the revenue of the company. x.com
Few of the clients of the company includes Indian Oil, Premier Sun, Powertrac, Tenneco, Zydus Hospital, The World Bank, Techno Industries Ltd. etc. Top 10 clients of the company contribute to the 67.4% of the revenue of the company. x.com
Company is an empanelled partner of Government of India’s Jal Jeevan Mission with annual budget of Rs. 60,000 Cr and PM KUSUM with budget of Rs. 34,500 Cr. Sahaj Solar has successfully delivered more than 10,000 pumps under PM KUSUM initiative.
🌎Geographical Revenue Distribution
Company received 99.2% of its revenue from the domestic market and the rest 0.08% from the international market. Within the domestic market, 52% share of the revenue came from Gujarat, followed by 31% from Maharashtra, 7% from Assam, 3% from Uttar Pradesh and 3% from Haryana.
Company received 99.2% of its revenue from the domestic market and the rest 0.08% from the international market. Within the domestic market, 52% share of the revenue came from Gujarat, followed by 31% from Maharashtra, 7% from Assam, 3% from Uttar Pradesh and 3% from Haryana.
Solar Water Pump contributes to the 70.5% of the revenue, followed by 27.1% from Solar Panels, and 2.1% from Solar Rooftop/Ground Mount. On the basis of clientele, government sector contributed to 58.3% of the revenue whereas non-government sector contributed to 41.7% of the revenue.
📊H1FY25Highlights
1⃣For the half year ending Sep-24 , Sales up 61% YoY from INR 61 Cr in Sep-23 to INR 98 Cr in Sep-24. Similarly, Net Profit up 2.5x from INR 2 Cr to INR 5 Cr.
2⃣Company has signed a MoU with Wincyril Enterprises Limited, Zambia, for an EPC contract worth USD 3.9 million.
1⃣For the half year ending Sep-24 , Sales up 61% YoY from INR 61 Cr in Sep-23 to INR 98 Cr in Sep-24. Similarly, Net Profit up 2.5x from INR 2 Cr to INR 5 Cr.
2⃣Company has signed a MoU with Wincyril Enterprises Limited, Zambia, for an EPC contract worth USD 3.9 million.
3⃣Company has received Notice to Proceed (NTP) under Letter of Award worth INR 6.2 Cr from Tripura Renewable Energy Development Agency (TREDA).
4⃣Company has received Letter of Work Order worth INR 20 Cr from Jilla Parishad Nandurbar, Maharastra.
5⃣Company has received Letter of Award worth INR 48.2 Cr from Maharastra Energy Development Agency (MEDA)
4⃣Company has received Letter of Work Order worth INR 20 Cr from Jilla Parishad Nandurbar, Maharastra.
5⃣Company has received Letter of Award worth INR 48.2 Cr from Maharastra Energy Development Agency (MEDA)
Disclosure⚡️This is NOT a BUY/SELL/HOLD recommendation. Please DO YOUR OWN DUE DILIGENCE.
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