Ahasolar Technologies (BSE 543941)₹72.00+2.86%E-Retail/ E-Commerce
In the Mar 2026 quarter (consolidated), Ahasolar Technologies reported sales of ₹55.75 Cr, up 59.4% from Mar 2025, and net profit of ₹0.33 Cr, down 83.0% year on year. For the year to Mar 2026, sales were ₹92.07 Cr and net profit ₹0.22 Cr.
Company filings, consolidated accounts; latest reported quarter Mar 2026
| Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 12.90 | 29.18 | 23.11 | 34.97 | 36.05 | 55.75 |
| Expenses | 13.64 | 28.46 | 25.94 | 32.90 | 36.24 | 55.06 |
| Operating Profit | −0.78 | 0.65 | −2.94 | 1.96 | −0.31 | 0.57 |
| OPM % | −5.9% | 2.2% | −12.6% | 5.6% | −0.8% | 1.0% |
| Other Income | 0.12 | 0.34 | 0.25 | 0.21 | 0.48 | 0.04 |
| Interest | 0.00 | 0.00 | 0.02 | 0.04 | 0.05 | 0.05 |
| Depreciation | 0.12 | 0.16 | 0.17 | 0.19 | 0.25 | 0.08 |
| Profit before tax | −0.76 | 0.81 | −2.87 | 1.91 | −0.12 | 0.45 |
| Tax % | 0.0% | 1.2% | 0.0% | −0.5% | −15.3% | 30.5% |
| Net Profit | −0.78 | 0.82 | −2.89 | 1.94 | −0.13 | 0.33 |
| EPS (Rs) | −2.49 | 2.62 | −9.31 | 6.24 | −0.38 | 1.03 |
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Sales | 42.07 | 58.08 | 92.07 |
| Expenses | 42.07 | 58.87 | 91.34 |
| Operating Profit | −0.13 | −1.02 | 0.52 |
| OPM % | −0.3% | −1.7% | 0.6% |
| Other Income | 0.47 | 0.49 | 0.28 |
| Interest | 0.00 | 0.07 | 0.11 |
| Depreciation | 0.29 | 0.37 | 0.34 |
| Profit before tax | 0.04 | −0.96 | 0.32 |
| Tax % | 20.0% | −1.0% | 36.4% |
| Net Profit | 0.05 | −0.97 | 0.22 |
| EPS (Rs) | 0.12 | −3.10 | 0.67 |
| Dividend payout % | 0.0% | 0.0% | 0.0% |
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 3.09 | 3.09 | 3.08 |
| Reserves | 12.63 | 11.68 | 11.88 |
| Borrowings | 0.00 | 0.72 | 0.91 |
| Other Liabilities | 1.71 | 3.85 | 4.60 |
| Total Liabilities | 17.43 | 19.34 | 20.47 |
| Fixed Assets | 0.95 | 1.15 | 2.73 |
| CWIP | 0.95 | 2.02 | 6.88 |
| Investments | 0.00 | 0.00 | 0.62 |
| Other Assets | 15.53 | 16.17 | 10.24 |
| Inventories | 0.03 | 0.03 | 0.24 |
| Trade receivables | 4.50 | 5.94 | 3.80 |
| Cash & equivalents | 4.24 | 7.12 | 2.49 |
| Total Assets | 17.43 | 19.34 | 20.47 |
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Cash from operating activity | −1.41 | −1.74 | 1.98 |
| Cash from investing activity | −7.76 | 2.05 | −4.03 |
| Cash from financing activity | 11.64 | 0.62 | 0.05 |
| Net cash flow | 2.51 | 0.96 | −2.00 |
| Capex | 1.45 | 1.66 | 6.78 |
| Free cash flow | −2.87 | −3.41 | −4.81 |
| CFO / OP % | 1,000.0% | 144.0% | 429.0% |
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor days | 39 | 37 | 15 |
| Inventory days | 1 | 1 | 2 |
| Days payable | 2 | 12 | 5 |
| Cash conversion cycle | 36 | 24 | 11 |
| Working capital days | 35 | 25 | 10 |
| ROCE % | — | −5.7% | 2.9% |
For the Mar 2026 quarter, Ahasolar Technologies reported sales of ₹55.75 Cr, up 59.4% year on year and net profit of ₹0.33 Cr, down 83.0% year on year. The operating margin was 1.0%.
Ahasolar Technologies' sales for the year to Mar 2026 were ₹92.07 Cr.
Net profit for the year to Mar 2026 was ₹0.22 Cr. Earnings per share over the same trailing period were ₹0.67.
Ahasolar Technologies reported borrowings of ₹0.91 Cr at Mar 2026, against cash and equivalents of ₹2.49 Cr.
Cash from operations was ₹1.98 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹4.81 Cr.