What is Ahasolar Technologies Ltd (543941) share price return in the past 10 years?

Data is not available for this company

What is the share price of Ahasolar Technologies Ltd (543941)?

Company share prices are keep on changing according to the market conditions. The current trading price of Ahasolar Technologies Ltd (543941) on 10-Jun-2026 16:59:59 at 16:59 is 77.80.

What is the P/E ratio of Ahasolar Technologies?

The latest standalone P/E ratio of Ahasolar Technologies as of 10-Jun-2026 is 140.62.

What is the P/B ratio of Ahasolar Technologies Ltd (543941)?

The latest standalone P/B ratio of Ahasolar Technologies Ltd (543941) as of 10-Jun-2026 is 1.62.

What is the 52-week high and low of Ahasolar Technologies Ltd (543941)?

The 52-week high of Ahasolar Technologies Ltd (543941) is Rs. 136.00 and the 52-week low is Rs. 58.90.

Ahasolar Technologies Ltd (543941) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Ahasolar Technologies Ltd (543941)
Brand: Ahasolar Technologies

Ahasolar Technologies Ltd (543941)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543941 NSE: IT - Software | Small Cap | Ahasolar Tech Share Price

Ahasolar Technologies Ltd (543941)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543941 NSE: IT - Software | Small Cap | Ahasolar Tech Share Price

Key Metrics

Valuation Multiples

Market Cap

₹24 Cr.

Current Price

₹77.8

52-Week Low / High

₹59 / 136

TTM EPS

₹0.6

TTM Sales

₹10.6 Cr.

Book Value per Share

₹47.7

P/E Ratio

140.62

Industry PE

21.5

Price to Book (P/B)

1.62

Lower than its 5-year historical median

Price to Sales (P/S)

2.25

Higher than its 5-year historical median

EV/EBITDA

26.01

Lower than its 5-year historical median

Dividend Yield

0.00%

Profitability Efficiency

Return on Equity (ROE)

-6.67%

Underperforms industry median

Return on Capital Employed (ROCE)

-6.19%

Underperforms industry median

Return on Assets (ROA)

-5.74%

Operating Profit Margin

-2.8%

Net Profit Margin

-2.6%

Gross Profit Margin

-1.7%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

-7.23%

Operating Profit Growth (1 Year)

Net Profit Growth (1 Year)

-2650%

Asset Quality

Promoter Holding

36.95%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹12 Cr.

Equity

₹3.1 Cr.

Face Value

₹10

All Time Low / High

₹58.90 / 657.75

Ahasolar Technologies stock performance

Key Ratios

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Ahasolar Technologies Ltd a good quality company?

Ahasolar Technologies Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Ahasolar Technologies Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Ahasolar Technologies Ltd vs industry peers?

Ahasolar Technologies Ltd revenue CAGR is 97.74%, compared to the industry median CAGR of 2.48%, indicating faster growth and gaining its market share.

Q.1 Promoter shareholding and pledge status of Ahasolar Technologies Ltd?

Promoters hold 36.95% of the Ahasolar Technologies Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Ahasolar Technologies Ltd over the last decade?

Over the last 1 year(s), the stock has delivered a CAGR of -16.21% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	9.4%	37%	108.3%	59.1%	0.6%	-6.2%	-
Value Creation Index ⓘ	-0.3	1.7	6.7	3.2	-1.0	-1.4	-
Growth Parameters ⓘ
Sales ⓘ	1.3	1.9	17.1	20.9	42	39	11
Sales YoY Gr.	-	45.7%	811.2%	21.8%	101.4%	-7.2%	-
Adj EPS ⓘ	0.1	0.5	4.3	7.1	0.1	-3.3	0.6
YoY Gr.	-	276.9%	773.5%	64.7%	-98%	-2428.6%	-
BVPS (₹) ⓘ	0.1	0.6	4.9	17.6	51	47.7	47.7
Adj Net Profit ⓘ	0	0.1	0.7	1.6	0	-1	0
Cash Flow from Ops. ⓘ	-0.2	0.1	0.3	-0.3	-1.4	-1.8	-
Debt/CF from Ops. ⓘ	-1.2	2.3	1.8	0	0	-0.4	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	97.7%	31.6%	-7.2%
Adj EPS ⓘ	NA	-290.5%	-191.3%	-2428.6%
BVPSⓘ	NA	225.8%	113.4%	-6.5%
Share Price	-	-	-	-29.5%

Key Financial Parameters ⓘ

	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	96.5	129.3	154.6	66.8	0.4	-6.6	1.2
Op. Profit Mgn % ⓘ	1.9	6	5.5	8.6	-0.3	-2.8	NAN
Net Profit Mgn % ⓘ	1.6	4.2	4	7.7	0.1	-2.6	1.6
Debt to Equity ⓘ	10.7	2.4	0.7	0	0	0.1	-
Working Cap Days ⓘ	0	202	25	48	66	89	0
Cash Conv. Cycle ⓘ	0	-449	9	31	30	45	0

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	1.29	1.88	17.13	20.87	42.04	39
Operating Expenses > ⓘ +	1.26	1.76	16.19	19.08	42.16	40.10
Manufacturing Costs	0.01	0.01	0.01	0.02	0.03	0.05
Material Costs	-0.10	0.11	14.53	15.61	35.57	28.54
Employee Cost	0.23	0.38	0.66	1.99	2.93	6.45
Other Costs > ⓘ	1.12	1.27	0.98	1.46	3.63	5.06
Operating Profit > ⓘ	0.02	0.11	0.94	1.79	-0.12	-1.10
Operating Profit Margin (%)	1.9%	6.0%	5.5%	8.6%	-0.3%	-2.8%
Other Income > ⓘ +	0	0	0.01	0.01	0.48	0.51
Exceptional Items > ⓘ	0	0	0	0	0	0
Interest > ⓘ	0	0	0	0	0.01	0.08
Depreciation > ⓘ	0	0	0.03	0.21	0.30	0.38
Profit Before Tax > ⓘ	0.02	0.11	0.93	1.58	0.06	-1.05
Tax > ⓘ	0	0.03	0.24	-0.02	0.01	-0.03
Profit After Tax	0.02	0.08	0.69	1.60	0.04	-1.02
PAT Margin (%)	1.6%	4.2%	4.0%	7.7%	0.1%	-2.6%
Adjusted EPS (₹)	0.1	0.5	4.3	7.1	0.1	-3.3
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%

Valuation of Ahasolar Tech - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	0.02	0.10	0.79	3.99	15.73	14.71
Share Capital ⓘ	0.01	0.01	0.01	2.26	3.08	3.08
Reserves ⓘ	0.01	0.09	0.78	1.72	12.64	11.63
Debt +	0.23	0.24	0.58	0	0	0.71
Long Term Debt	0.23	0.24	0.58	0	0	0
Short Term Debt	0	0	0	0	0	0.71
Minority Interest	0	0	0	0	0	0
Trade Payables	1.04	0.29	0.39	0.14	0.23	0.62
Others Liabilities ⓘ	0.10	0.22	0.62	1.07	1.35	2.04
Total Liabilities ⓘ	1.39	0.85	2.37	5.19	17.32	18.08
Fixed Assets
Net Fixed Assets ⓘ +	0.02	0.02	0.54	0.78	0.96	1.16
Gross Block	0.02	0.03	0.57	1.02	1.50	2.08
Accumulated Depreciation	0	0.01	0.03	0.25	0.54	0.92
CWIP ⓘ	0	0	0	0	0.96	2.03
Investments ⓘ	0	0	0	0	0	0.01
Inventories	0.11	0	0	0	0.02	0.02
Trade Receivables	0.35	0.21	1.37	2.82	4.51	6.08
Cash Equivalents ⓘ	0	0.12	0.23	0.48	4.23	7.02
Others Assets ⓘ	0.90	0.51	0.23	1.11	6.63	1.76
Total Assets ⓘ	1.39	0.85	2.37	5.19	17.32	18.08

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-0.20	0.10	0.32	-0.27	-1.42	-1.84
PBT ⓘ	0.02	0.08	0.69	1.58	0.06	-1.05
Adjustment ⓘ	0	0	0.03	0.21	-0.16	-0.05
Changes in Working Capital ⓘ	-0.22	0.02	-0.39	-1.58	-1.1	-0.47
Tax Paid ⓘ	0	0	0	-0.47	-0.22	-0.27
Cash Flow From Investing Activity ⓘ +	-0.02	-0.01	-0.54	-0.44	-7.77	2.07
Capex	-0.02	-0.01	-0.54	-0.45	-1.44	-1.65
Net Investments	0	0	0	0	-6.48	3.30
Others ⓘ	0	0	0	0.01	0.16	0.42
Cash Flow From Financing Activity ⓘ +	0.22	0.01	0.34	0.92	11.69	0.63
Net Proceeds from Shares ⓘ	0	0	0	1.50	11.70	0
Net Proceeds from Borrowing ⓘ	0.22	0.01	0.34	-0.58	0	0
Interest Paid ⓘ	0	0	0	-0	-0.01	-0.08
Dividend Paid ⓘ	0	0	0	0	0	0
Others ⓘ	0	0	0	-0	0	0.71
Net Cash Flow ⓘ	0	0.11	0.12	0.21	2.50	0.86

Financial Ratio

PARTICULARS	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	95.83	129.25	154.59	66.89	0.43	-6.67
ROCE (%)	9.44	37.03	108.32	59.13	0.64	-6.19
Asset Turnover Ratio	0.93	1.67	10.61	5.52	3.74	2.2
PAT to CFO Conversion(x)	-10	1.25	0.46	-0.17	-35.5	N/A
Working Capital Days
Receivable Days	98.40	54.30	16.90	36.70	31.80	49.60
Inventory Days	31.90	0	0	0	0.10	0.20
Payable Days	-3,912.10	2,153.30	8.50	6.10	1.90	5.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Ahasolar Technologies Ltd FAQs

The current trading price of Ahasolar Tech on 10-Jun-2026 16:59 is ₹77.80.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 09-Jun-2026 the market cap of Ahasolar Tech stood at ₹23.76 Cr

The latest P/E ratio of Ahasolar Tech as of 09-Jun-2026 is 140.6.

The latest P/B ratio of Ahasolar Tech as of 09-Jun-2026 is 1.62.

The 52-week high of Ahasolar Tech is ₹136.0 and the 52-week low is ₹58.90.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ahasolar Tech is ₹10.56 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Ahasolar Technologies Ltd is a below average quality company.

The key valuation ratios of Ahasolar Technologies Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ahasolar Technologies Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Ahasolar Technologies Ltd

The company was originally incorporated as “Ahasolar Private Limited” as a Private Limited Company under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated July 28, 2017, issued by the Registrar of Companies, Central Registration Centre. Pursuant to a special resolution passed by the company’s Shareholders in the Extra-Ordinary General Meeting held on December 15, 2022, the name of the company was changed to “Ahasolar Technologies Private Limited” and a fresh certificate of incorporation dated December 22, 2022 was issued to the company by the Registrar of Companies, Ahmedabad. Subsequently, pursuant to a special resolution passed by its Shareholders in the ExtraOrdinary General Meeting held on December 26, 2022, the company was converted from a private limited company to public limited company and consequently, the name of the Company was changed to “Ahasolar Technologies Limited” and a fresh certificate of incorporation dated January 06, 2023 was issued to the Company by the Registrar of Companies, Ahmedabad.

The company is engaged in the business of CleanTech enabling Energy Transition through Digital Transformation and henceforth empowering stakeholders to adopt renewable energy. The company does this through multiple digital solutions and advisory in the field of renewable energy. The company is a DPIIT recognised startup and registered vide registration no. DIPP34701. The core idea of AHAsolar to work in the space of Climate Change, Renewable and Digital space. The company’s primary focus in renewable energy has been in solar industry and to cater it it developed an AI based intelligent Solar Digital Platform. It has developed Software as a Service (SaaS) productsfor solar companies to streamline the processes, design PV, do project management and monitor generation along-with an integrated Marketplace to connect the demand & supply digitally. Apart from this, another SaaS product is for the governments to implement the distributed renewable programme in their services area. Since the company’s inception, it has been working with multiple national, internaltional, government and private companies in enabling them to accelerate the adoption of solar through its solutions. In terms of software sales it is providing its services to Solar companies, Original Equipment Manufacturers and the governments and in terms of advisory it has been rendering its services to Solar EPC Companies and Corporate Consultancy Firms on Solar Project Management and Solar Plant Audits.

The company has two SaaS products namely; For Government Agencies: AHAsolar Unified Portal; and For Solar Companies: AHAsolar Helper and Sun Analyzer. The company has developed the Unified Single Window Solar Portal (the Portal or AHAsolar Unified Portals) for multiple states nodal agencies like Gujarat Energy Development Agency (GEDA), Gujarat Urja Vikas Nigam (GUVNL), Goa Energy Development Agency (Goa EDA), Jammu & Kashmir Energy Development Agency (JAKEDA), etc. The second SaaS product i.e., AHAsolar Helper. It is a one stop solution for the Solar EPC Company and offers convenience to manage the Projects with completely integrated software solution of CRM, ERP, Design, Project and Team Management. It is designed for Solar EPC Companies who want to keep their Sales & Operation in order using AI to standardize, connect and automate solar and renewable operations, project management, designing and procurement. This helps the Solar EPC companies to manage their work properly and efficiently.

Business area of the company

Incorporated in 2017, Ahasolar Technologies is engaged in the business of CleanTech enabling Energy Transition through Digital Transformation and henceforth empowering stakeholders to adopt renewable energy.

Major events

2017: Incorporation of the company.
2022: Change in name of the company from ‘Ahasolar Private Limited’ to ‘Ahasolar Technologies Private Limited’.
2023: Conversion of the company from Private Limited to Public Limited.

Ahasolar Technologies Ltd (543941)

Ahasolar Technologies Ltd (543941)

Ahasolar Technologies stock performance