Sahaj SolarShare price, financial results, shareholding and management
- Market cap
- ₹181 cr
- Stock P/E
- 6.1peers 32.6
- Book value
- ₹62.9
- Price to book
- 1.31
- EV / operating profit
- 6.7
- Market cap to sales
- 0.43
- ROCE · FY26
- 21.7%
- ROE · FY26
- 24.0%
- ROE, 3-year average
- 38.3%
- Operating margin · FY26
- 12.3%peers 14.5%
- Sales growth, 3 years
- 31.3%
- Profit growth, 3 years
- 70.2%
- Debt to equity
- 1.27peers 0.29
- Borrowings
- ₹176 cr
- Interest cover
- 4.7×
- Cash from business / op. profit
- -151%
- Debtor days
- 281
- Pledged
- 0.00%
- Promoter holding
- 71.28%
- Change in promoter holding
- 0.00 pts
- Shareholders
- 3,122
- 52-week high / low
- ₹212 / ₹74
- Dividend yield
- 0.00%
- Face value
- ₹10
Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.
Sahaj Solar share price chart
Close on 6 Nov 2026 · -1.32% on the day · Vol 14,800
Daily prices to 6 Nov 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.
Share price returns
To the close of 6 Nov 2026
- 1 month
- -7.0%
- 3 months
- -24.9%
- 6 months
- -46.8%
- 1 year
- -60.4%
- Since IPO
- -8.5%
- Traded a day, 20 days
- ₹0.15 cr
- Taken for delivery
- 70%
Business growth
Sales and net profit, from the reported results
| Sales | Profit | |
|---|---|---|
| FY26 on FY25 | +27% | +7% |
| 3 years, a year | +31% | +70% |
| Latest half, H2 FY26 | +33% | +7% |
About Sahaj Solar: business, products and customers
Sahaj Solar puts in solar water pumps for farmers under government schemes, builds solar power systems and makes solar panels in Gujarat. Its shares trade on NSE Emerge.
Sahaj Solar is a Gujarat company that started as a small solar panel maker and grew into a contractor for solar projects. Most of its money comes from solar water pumps it supplies and installs for farmers under PM-KUSUM and state schemes in Maharashtra, Gujarat, Uttar Pradesh, Haryana, Tripura and Assam. It also builds rooftop, ground mounted and off grid solar systems, some with batteries, and has its first project as a power producer, a Gujarat plant under a state scheme.
The company makes panels, mounting structures and pump controllers itself, partly through its subsidiaries Veracity Energy and Infrastructure and Veracity Powertronics, but buys the pumps for the KUSUM work from outside suppliers. Because the buyers are mostly government agencies, the company sells through tenders and allotments rather than dealers, and it is paid when state budgets release money. Three quarters of a year's sales usually come in the second half, after the monsoon and when budgets are spent, so the first half looks weak and money owed by customers and borrowings peak at the year end.
Read more about the business
Part of what customers owe is matched by money the company owes to suppliers who did the work and are paid only when the government pays, which the managing director says makes the true collection period shorter than the books show. The documents read name no listed competitors.
New lines are a partnership with IDMC, a subsidiary of the National Dairy Development Board, to put solar and battery systems on village milk coolers, a solar project in Zambia, and a qualification for a large rooftop tender in Uttar Pradesh. A plan to grow panel making far beyond the present plant was put on hold in early 2026.
From the May 2026 and November 2025 investor presentations and the May 2026, November 2025 and April 2025 earnings calls.
Read the deeper study ↓In its favour
- Sales have grown fast: 31% a year over three years.
- It earns a high return on the money it uses: ROCE 22% in FY26.
- The promoters own a large part of the company: 71.28%.
To watch
- Execution of the ₹402 cr order book in FY27, which the company says it will complete within the year (Earnings call, May 2026, p.5).
- Collection of the ₹323 cr owed by customers and the turn to positive operating cash flow the company expects by the third or fourth quarter of FY27 (Earnings call, May 2026, p.12).
- First orders from the IDMC milk cooler partnership, expected from the second half of FY27 (Earnings call, May 2026, p.7).
- Completion of the 4.8 MW Gujarat power plant and the 10 MW Zambia project in FY27 (Earnings call, May 2026, p.4 and p.8).
- Customers take longer to pay than before: 281 days in FY26, against 15 in FY15.
From the company's documents first, then the reported figures read by fixed rules, the same for every company. Facts, not a view on the shares.
Sahaj Solar revenue and profit growth
Half-yearly results · Profit and lossSales have grown fast. Last year profit grew more slowly than sales, so the profit kept from each rupee of sales slipped.
SME companies report every six months. In the latest half, sales were higher than in the same half a year before. Profit grew more slowly than sales, so each rupee of sales left a little less profit.
Sahaj Solar half-yearly results
SME companies report every six months · ₹ crore
| H1FY24 | H2FY24 | H1FY25 | H2FY25 | H1FY26 | H2FY26 | |
|---|---|---|---|---|---|---|
| Sales | 61 | 140 | 98 | 231.67 | 111.12 | 308.07 |
| Expenses | 57 | 120 | 90 | 197.88 | 100.51 | 266.91 |
| Operating profit | 4 | 20 | 8 | 33.79 | 10.61 | 41.16 |
| OPM | 7.0% | 14.0% | 9.0% | 14.6% | 9.6% | 13.4% |
| Interest | 1 | 3 | 2 | 1.67 | 3.59 | 7.52 |
| Depreciation | 1 | 1 | 1 | 0.72 | 0.68 | 0.83 |
| Profit before tax | 3 | 17 | 6 | 31.68 | 6.83 | 34.23 |
| Net profit | 2 | 12 | 5 | 22.84 | 5.13 | 24.44 |
Sahaj Solar profit and loss
Full years to March, FY15 to FY26 · ₹ crore, consolidated where reported
| FY15 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 3 | 32 | 62 | 67 | 185 | 201 | 329.79 | 419.19 |
| Expenses | 3 | 29 | 59 | 63 | 174 | 177 | 287.59 | 367.41 |
| Operating profit | 0 | 2 | 3 | 4 | 11 | 24 | 42.21 | 51.78 |
| OPM | -3.3% | 7.0% | 5.0% | 6.0% | 6.0% | 12.0% | 12.8% | 12.3% |
| Other income | 0 | 1 | 0 | 1 | 0 | 1 | 1.03 | 1.89 |
| Interest | 0 | 1 | 1 | 2 | 2 | 4 | 4.13 | 11.11 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 1 | 1.32 | 1.51 |
| Exceptional and other items | · | · | · | -1 | 1 | · | · | · |
| Profit before tax | 0 | 1 | 1 | 1 | 9 | 20 | 37.79 | 41.05 |
| Tax rate | 25.0% | 100.0% | 0.0% | 0.0% | 33.3% | 35.0% | 27.1% | 28.0% |
| Net profit | 0 | 0 | 1 | 1 | 6 | 13 | 27.54 | 29.57 |
| EPS ₹ | 0.60 | 0.38 | 0.58 | 0.98 | 4.04 | 8.17 | 27.21 | 13.46 |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
The years to FY24 come rounded to the nearest crore in the source.
Exceptional and other items: profit before tax beyond operating profit, other income, interest and depreciation, such as one-off items or a share of associates' profit, as reported.
A tax rate above 60% or below zero (FY20) comes from tax charged on a small or negative profit, as reported.
Sahaj Solar profitability
Margins and returns on capitalLast year the company kept about as much from each rupee of sales as the year before. It earns a high return on the money it uses.
Operating margin, every year
Per cent of sales kept before interest, depreciation and tax
| FY15 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | -3.3% | 7.0% | 5.0% | 6.0% | 6.0% | 12.0% | 12.8% | 12.3% |
| Tax rate | 25.0% | 100.0% | 0.0% | 0.0% | 33.3% | 35.0% | 27.1% | 28.0% |
| ROCE | · | 16.5% | 8.3% | 11.8% | 37.9% | 39.7% | 32.7% | 21.7% |
| ROE | · | 0.0% | 11.8% | 10.5% | 44.4% | 52.0% | 38.9% | 24.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Sahaj Solar debt and cash flow
Balance sheet · Cash flow · Working capitalThe company's own money, its net worth, has grown fast. It borrowed much more last year. Its loans are now larger than its own money. Last year the business used more cash than it brought in. It spent more on assets and investments than the business brought in, and raised the rest from loans or shares. Customers take longer to pay than they did in FY24, which ties up more of the company's money in unpaid bills.
Bars below the line are cash going out.
Sahaj Solar balance sheet
At each 31 March · ₹ crore
| FY15 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0.26 | 5 | 5 | 5 | 8 | 8 | 10.99 | 21.97 |
| Reserves | 0 | 3 | 4 | 5 | 9 | 25 | 97.63 | 116.17 |
| Net worth | 0.26 | 8 | 9 | 10 | 17 | 33 | 108.62 | 138.14 |
| Borrowings | 0 | 16 | 15 | 17 | 14 | 57 | 57.40 | 175.53 |
| Other liabilities | 1.74 | 13 | 11 | 34 | 60 | 59 | 138.12 | 165.62 |
| Total liabilities | 2 | 37 | 35 | 61 | 91 | 149 | 304.14 | 479.29 |
| Fixed assets | 0 | 8 | 10 | 8 | 8 | 7 | 6.25 | 23.67 |
| Capital work in progress | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 11 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 1 | 29 | 25 | 53 | 83 | 142 | 297.89 | 444.62 |
| Receivables | · | · | · | · | · | · | 197.82 | 322.53 |
| Inventory | · | · | · | · | · | · | 22.79 | 23.16 |
| Cash | · | · | · | · | · | · | 10.21 | 10.41 |
| Trade payables | · | · | · | · | · | · | 121.22 | 118.39 |
Sahaj Solar cash flow
₹ crore
| FY15 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | · | 0 | 4 | -2 | 10 | -35 | -46.76 | -78.30 |
| Cash from investing | · | -1 | -2 | 0 | -1 | 0 | -0.26 | -29.34 |
| Cash from financing | · | 1 | -2 | 1 | -7 | 44 | 45.40 | 107.84 |
| Net cash flow | · | 0 | 0 | -1 | 2 | 9 | -1.62 | 0.20 |
| Capital spending | · | · | · | · | · | · | 0 | 18.92 |
Working capital
Days
| FY15 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|
| Debtor days | 15 | 71 | 53 | 204 | 106 | 161 | 219 | 281 |
| Inventory days | 13 | 258 | 71 | 73 | 26 | 36 | 31 | 26 |
| Days payable | 181 | 167 | 59 | 210 | 124 | 103 | 168 | 131 |
| Cash conversion cycle | -152 | 162 | 64 | 67 | 8 | 94 | 83 | 176 |
| Working capital days | -134 | 69 | 20 | 39 | 17 | 5 | 72 | 61 |
Sahaj Solar peers and competitors
Listed SME companies in the same industryBy sales, Sahaj Solar is number 7 of the 34 listed SME companies in electrical equipment.
Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.
| Company | Market cap ₹ cr | P/E | Sales ₹ cr | Profit ₹ cr | Op. margin | Debt/equity |
|---|---|---|---|---|---|---|
| Danish Power | 2,095 | 30.4 | 521 | 69 | 18.0% | 0.00 |
| Sahaj Solar | 181 | 6.1 | 419 | 29.6 | 12.3% | 1.27 |
| GP Eco Solutions India | 506 | 11.8 | 414 | 43 | 14.0% | 0.99 |
| Raksan Transformers | 578 | 17.0 | 363 | 34 | 13.0% | 0.27 |
| INDO SMC | 1,183 | 37.0 | 310 | 32 | 15.0% | 0.31 |
| Sugs Lloyd | 569 | 19.6 | 301 | 29 | 14.0% | 0.50 |
| Smarten Power Systems | 111 | 12.6 | 243 | 8.8 | 4.9% | 0.07 |
| Yash Highvoltage | 3,671 | 99.2 | 235 | 37 | 24.0% | 0.21 |
| Vivid Electromech | 1,510 | 47.2 | 200 | 32 | 23.0% | 0.45 |
| Parth Electricals & Engineering | 802 | 56.4 | 198 | 14.2 | 10.5% | 0.15 |
| Supreme Power Equipment | 732 | 34.9 | 182 | 21 | 18.0% | 0.42 |
| Median of the 10 others | 767 | 32.7 | 272 | 32 | 14.5% | 0.29 |
Sahaj Solar shareholding pattern
Promoters, FIIs, DIIs, HNIs and small holdersThe promoters own more than half the company. Big foreign and Indian funds own very little. The number of shareholders has grown a lot.
Sahaj Solar shareholding pattern
Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.
| Jul 24 | Sep 24 | Mar 25 | Apr 25 | Sep 25 | Mar 26 | |
|---|---|---|---|---|---|---|
| Promoters | 71.28% | 71.28% | 71.28% | 71.28% | 71.28% | 71.28% |
| Foreign investors (FIIs) | 3.84% | 1.11% | 0.03% | 0.03% | 0.03% | 0.01% |
| Indian institutions (DIIs) | 7.86% | 4.02% | 1.82% | 1.82% | 1.25% | 1.12% |
| HNIs (over ₹2 lakh each) | 1.20% | 2.38% | 4.44% | 5.69% | 4.96% | 5.07% |
| Small holders (up to ₹2 lakh) | 13.03% | 15.84% | 17.07% | 15.78% | 16.52% | 16.21% |
| Companies and others | 2.79% | 5.37% | 5.36% | 5.40% | 5.96% | 6.31% |
| Number of shareholders | 1,831 | 1,551 | 2,947 | 2,982 | 3,196 | 3,122 |
The named holders are at 31 March 2026, beside 30 Sept 2025, each under the group the pattern files them in.
Sahaj Solar study: the business from its own documents
Read from 8 of the company's own documentsSahaj Solar so far
From the company's own record
- 19 July 2024Listed on NSE Emerge at ₹180
- 31 March 2026Promoters at 71.28%
- 27 Aug 2024Highest close since listing, ₹345.01
Sahaj Solar key facts from the filings
Each figure with the document it comes from
- FY26 sales
- ₹419.2 cr
- Revenue from operations, up 27% from ₹329.8 cr in FY25; profit after tax was ₹29.6 cr.Investor presentation, May 2026, p.6
- Order book
- ₹402 cr
- Orders in hand at 31 March 2026: ₹251 cr grid connected systems, ₹107 cr solar pumps and ₹44 cr off grid systems with batteries.Investor presentation, May 2026, p.9 and p.20
- Solar pumps share
- 87.5%
- Share of FY25 revenue from solar water pumps; panels were 9.1% and project work 3.4%.Investor presentation, Nov 2025, p.8
- Government work
- 79%
- Share of FY25 revenue from government projects; nearly all sales were in India.Investor presentation, Nov 2025, p.17
- Money owed by customers
- ₹323 cr
- Trade receivables at March 2026, up from ₹225 cr a year earlier, as government payments came late.Investor presentation, May 2026, p.26
Show 5 more facts
- Borrowings
- ₹176 cr
- Long and short term borrowings at March 2026, from ₹57 cr; the company says it repaid a ₹100 cr working capital loan in April 2026.Investor presentation, May 2026, p.6 and p.26
- Interest cost
- ₹11 cr
- FY26 finance costs, up from ₹4 cr, which is why profit grew much less than sales.Investor presentation, May 2026, p.25
- Promise against delivery
- 35% → 27%
- Sales growth promised for FY26 on the April 2025 call against what was reported.Earnings call, Apr 2025, p.9; Investor presentation, May 2026, p.6
- Panel plant
- 100 MW a year
- Capacity in Gujarat, used mainly for its own projects; the plan to add capacity in India was put on hold.Earnings call, May 2026, p.8 and p.14
- Promoter holding
- 71.28%
- Held by the promoter group at March 2026, unchanged since listing, with none pledged.Shareholding pattern, March 2026
What the company said, and what happened
The company's own statements, attributed, set against what it later reported; not newboard's estimates
The company says it expects to complete the whole ₹402 cr order book in FY27 and has bid for more than ₹1,000 cr of further work. It guides for sales growth of 30% or more in FY27 and over the next three years with an EBITDA margin of at least 12%, and says operating cash flow should turn positive by the end of the third or start of the fourth quarter of FY27. Orders from the milk cooler partnership with IDMC are not in the order book; the company says they should start in the second half of FY27. It also plans to finish the 4.8 MW Gujarat plant and the 10 MW Zambia project in FY27.
| What management said | When | What happened |
|---|---|---|
| Sales growth of 35% or more in FY26 | Apr 2025 call | 27%, to ₹419.2 cr |
| Profit after tax margin of 8.5% to 9% for FY26 | Nov 2025 call | About 7%, after higher interest costs |
| First 750 MW panel line ready by March 2026 | Nov 2025 presentation | Put on hold; a plant abroad is under consideration |
Is it a good business? Six questions
Each answer is about that one question, read from the documents; tap one for the evidence. Not a view on the shares.
Sahaj Solar earns most of its money by supplying and fitting solar water pumps for farmers under government schemes, with panels and solar projects as smaller lines.
Its weak spot is that the government pays slowly and mostly at the year end, so a lot of money stays stuck with customers and has to be borrowed.
WatchCan it set its own prices?Most work is won in government tenders and allotments at set rates, and the company took a hit when copper, aluminium and plastic prices rose.
AverageHow strong is it against rivals?It has a long record in solar pumps and makes many parts itself, but government scheme work is open to many suppliers.
WatchWho are its customers?Mostly government agencies and the farmers they fund, so the business depends on scheme budgets and on two states for most sales.
WatchDoes it need a lot of money?Yes. Money owed by customers grew much faster than sales and was funded with loans, and the company says the need will stay high.
StrongCan it keep finding new work?Its order book has kept growing and it has added new kinds of work beyond pumps.
WatchDo good and bad years swing a lot?Within each year the swing is large, and the business rests on government schemes that can be delayed or changed.
Who runs Sahaj Solar?
Promoters, directors and officers; tap a name for the background
PBPramit BrahmbhattManaging Director
Holds a BBA, an MBA and Chartered Accountancy credentials from the UK, with over 20 years of experience; led the Veracity Group of companies in financial advisory and IT enabled services before founding Sahaj Solar. Signs the company's exchange filings and leads its earnings calls. The documents read do not state the individual holding.
Investor presentation, May 2026, p.1 and p.28; Earnings call, Apr 2025, p.3KGKanaksinh GohilExecutive Director
Leads strategic operations and oversees the subsidiary Veracity Energy and Infrastructure, which makes the solar panel mounting structures.
Investor presentation, May 2026, p.19 and p.28STShardul ThakoreExecutive Director
An electrical engineering graduate with a postgraduate diploma in international business and over 33 years in energy and infrastructure, working on policy and planning for industrial parks, special investment regions and power networks.
Investor presentation, May 2026, p.28SNSureshchandra Nahrsinh RaoNon-Executive Director
Over 43 years in IT project management, data analytics and HR; earlier managing partner at CIEL HR Services and an HR consultant to IIM Udaipur and IIM Ahmedabad.
Investor presentation, May 2026, p.28APAmita ParikhIndependent Director
Over 30 years in electrical engineering, including power distribution networks and government agricultural projects, with study in engineering, law and project management.
Investor presentation, May 2026, p.29NDNiren DalalIndependent Director
Over 30 years in the Ministry of Finance, retiring as Superintendent, Central GST Audit, Rajkot; now a director of Global Gujarat Competencies and Wavesforever Marketing.
Investor presentation, May 2026, p.29DJDilip JoshiIndependent Director
Over 33 years in power generation, transmission and distribution, with experience of the Gujarat state grid.
Investor presentation, May 2026, p.29MBManan BrahmbhattChief Financial Officer
A B.Com from Gujarat University with an MBA in finance from Halifax College, London; oversees procurement, project management and maintenance. Dhaval Soni, Deputy Chief Financial Officer, presents the results on calls.
Investor presentation, May 2026, p.29; Earnings call, May 2026, p.2YJYagnavalkya JoshiCompany Secretary
More than a decade as a company secretary, with an M.Com and membership of the ICSI.
Investor presentation, May 2026, p.29Sahaj Solar latest news and announcements
Announcements · Documents · Corporate actionsWhat changed recently
Each half-year is set against the same half a year earlier
- H2 FY26: sales ₹308 cr (+33%), net profit ₹24.4 cr (+7%) on H2 FY25.
- Shareholding, 31 March 2026: promoters unchanged at 71.28%.
Sahaj Solar announcements
34 on record, latest first; each opens the filing on the exchange
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Certificate under SEBI (Depositories and Participants) Regulations, 2018PDF ↗
- General UpdatesIntimation in respect of completion of subscription to the share capital Sahaj Energies Limited, Wholly Owned Subsidiary Company in MauritiusPDF ↗
- Trading WindowClosure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015PDF ↗
- Analysts/Institutional Investor Meet/Con. Call UpdatesSchedule of meet of Arihant Bharat Connect Virtual Conference Rising Stars 2026PDF ↗
- Analysts/Institutional Investor Meet/Con. Call UpdatesSchedule of meetPDF ↗
- Credit Rating- RevisionRevision/Withdrawal of Credit RatingPDF ↗
- Shareholders meetingSrutinizers report of Annual General Meeting held on August 24, 2026. Further, the company has informed the Exchange regarding voting resultsPDF ↗
- Shareholders meetingProceedings of Annual General Meeting held on August 24, 2026PDF ↗
- General UpdatesDispatch of Letters to Shareholders under Regulation 36(1)(b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015PDF ↗
- Analysts/Institutional Investor Meet/Con. Call UpdatesSchedule of meet to be held on Thursday, August 13, 2026PDF ↗
- CorrigendumTo Notice of Annual General Meeting to be held on August 24, 2026PDF ↗
- Copy of Newspaper PublicationIntimation of Newspaper Publication regarding Notice of the 17th Annual General Meeting of the Company through Video Conferencing/ Other Audio-Visual Means ( VCPDF ↗
Sahaj Solar annual reports, earnings calls and documents
Every document links to its source; “read” marks those this page is built from
- 31 May 2026 ↗read
- 30 Nov 2025 ↗read
- 30 April 2025 ↗read
Sahaj Solar share split, bonus and dividends
From the corporate actions the company announces on the exchange
- Bonus issueBONUS 1:1ex-date 2 April 2025
- DividendINTERIM DIVIDEND - RE 1 PER SHAREex-date 21 Feb 2025
Checks we ran on Sahaj Solar's data · 9
Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.
- ✓Balance sheet totals add up for FY25 and FY26.
- ✓Market cap uses the share count in the latest shareholding pattern (2,19,72,020 shares).
- ✓The share capital in the FY26 results matches the share count in the shareholding pattern.
- ✓Promoter pledge figures are within possible limits in every shareholding pattern shown.
- ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
- ✓The two half-years of FY26 add up to the full-year sales.
- ✓Earnings per share moves in line with profit across the years shown.
- ✓Revenue and profit are reported for every year shown, FY15 to FY26.
- iPrices run to the close on 14 Oct 2026, from the exchange's daily figures.
Questions people ask about Sahaj Solar
What does Sahaj Solar do?
Sahaj Solar puts in solar water pumps for farmers under government schemes, builds solar power systems and makes solar panels in Gujarat. Its shares trade on NSE Emerge.
What is the share price of Sahaj Solar?
₹82.4 at the close on 6 Nov 2026, from the exchange's daily figures.
What is the market cap of Sahaj Solar?
₹181 cr at the close on 6 Nov 2026, on 2,19,72,020 shares.
What is the P/E of Sahaj Solar?
6.1 times FY26 profit at the close on 6 Nov 2026 (our arithmetic).
What are Sahaj Solar's revenue and profit?
Revenue ₹419 cr and profit after tax ₹30 cr in FY26.
Who are the promoters of Sahaj Solar?
The promoter group; promoters held 71.28% at 31 March 2026.
What was the IPO price of Sahaj Solar?
₹180 a share; it listed on 19 July 2024.
What is Sahaj Solar's website?
sahajsolar.com
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Built from 4 investor presentations, 3 earnings call transcripts, 1 annual report, 34 exchange announcements, 6 shareholding patterns and 8 years of reported results. Every figure carries its source; where the documents are silent, the page says so.