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    Sahaj Solar

    Capital Goods
    Industrials
    View SAHAJSOLAR earnings calls

    Overview

    Price

    Market Cap

    ₹273 Cr

    Sector

    Capital Goods

    Industrials

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital55588112222
    Reserves3459259888116
    Borrowings16151714575788176
    Other Liabilities1310346160138125166
    Total Liabilities37356191149304324479
    AssetsFixed Assets8108876624
    CWIP0000001111
    Investments00000010
    Other Assets29255383142298305445
    Total Assets37356191149304324479

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY15FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating04-210-35-47-78
    Cash from Investing-1-20-100-29
    Cash from Financing1-21-74445108
    SummaryCapital Expenditure
    Free Cash Flow-12-39-35-47-108
    FCF Margin

    Valuation

    Assumptions

    Current — SAHAJSOLAR
    Price
    ₹133
    EPS (TTM)
    ₹25.97
    PE (TTM)
    5.1
    Profit growth

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (9.0×) and current (5.1×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹133
    vs
    Fair value · 15% return
    ₹90
    32%Overvalued

    At 10% growth and a 5× exit, ₹133 only delivers your return if you pay ₹90. The price is currently baking in 18% growth.

    EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 5×.

    YearGrowthEPS (₹)
    FY2710.0%28.57
    FY2810.0%31.42
    FY2910.0%34.57
    FY3010.0%38.02
    FY3110.0%41.82
    FY328.0% ·fade45.17
    FY336.0% ·fade47.88

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Sahaj Solar

    Guides on how to read this kind of business and the numbers that matter.