Jaipur-based manufacturer of solar PV modules (TOPCon, MonoPERC) with EPC, rooftop and IPP solar execution.
Price
Market Cap
Sector
Utilities
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 3 | 3 | 15 | 21 | 21 | 22 | 22 | 22 |
| Reserves | 6 | 13 | 7 | 28 | 30 | 416 | 418 | 420 |
| Borrowings | 12 | 21 | 29 | 40 | 34 | 24 | 31 | 58 |
| Other Liabilities | 6 | 14 | 16 | 16 | 10 | 20 | 53 | 44 |
| Total Liabilities | 26 | 50 | 67 | 104 | 95 | 483 | 524 | 544 |
| AssetsFixed Assets | 8 | 10 | 9 | 8 | 7 | 9 | 35 | 39 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Investments | 0 | 0 | 2 | 5 | 8 | 79 | 328 | 387 |
| Other Assets | 19 | 40 | 56 | 91 | 80 | 395 | 161 | 117 |
| Total Assets | 26 | 50 | 67 | 104 | 95 | 483 | 524 | 544 |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 4 | 1 | 10 | -20 | 29 | -16 | -0 |
| Cash from Investing | -2 | -4 | -1 | -0 | -23 | -373 | -22 |
| Cash from Financing | -1 | 2 | -3 | 30 | -5 | 372 | 23 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — |
| Free Cash Flow | 2 | -2 | 9 | -20 | 28 | -19 | -29 |
| FCF Margin | — | — | — | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
543620 · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.