What is Citizen Solar Ltd (538786) share price return in the past 10 years?

Citizen Solar Ltd share price has appreciated 51.7% annually (CAGR) over the past ten years.

What is the share price of Citizen Solar Ltd (538786)?

Company share prices are keep on changing according to the market conditions. The current trading price of Citizen Solar Ltd (538786) on 15-Jun-2026 16:59:59 at 16:59 is 239.30.

What is the P/E ratio of Citizen Solar?

The latest standalone P/E ratio of Citizen Solar as of 15-Jun-2026 is 14.98.

What is the P/B ratio of Citizen Solar Ltd (538786)?

The latest standalone P/B ratio of Citizen Solar Ltd (538786) as of 15-Jun-2026 is 8.02.

What is the 52-week high and low of Citizen Solar Ltd (538786)?

The 52-week high of Citizen Solar Ltd (538786) is Rs. 307.00 and the 52-week low is Rs. 55.46.

Citizen Solar Ltd (538786) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Citizen Solar Ltd (538786)
Brand: Citizen Solar

Citizen Solar Ltd (538786)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 538786 NSE: IT - Software | Small Cap | Citizen Solar Share Price

Citizen Solar Ltd (538786)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 538786 NSE: IT - Software | Small Cap | Citizen Solar Share Price

Key Metrics

Valuation Multiples

Market Cap

₹336 Cr.

Current Price

₹239.3

52-Week Low / High

₹55 / 307

TTM EPS

₹16

TTM Sales

₹311 Cr.

Book Value per Share

₹29.8

P/E Ratio

14.98

Industry PE

21.3

Price to Book (P/B)

8.02

Higher than its 5-year historical median

Price to Sales (P/S)

1.08

Lower than its 5-year historical median

EV/EBITDA

12.79

Lower than its 5-year historical median

Dividend Yield

Profitability Efficiency

Return on Equity (ROE)

0.71%

Underperforms industry median

Return on Capital Employed (ROCE)

0.88%

Underperforms industry median

Return on Assets (ROA)

0.71%

Operating Profit Margin

-8.1%

Net Profit Margin

0.81%

Gross Profit Margin

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

3.32%

Operating Profit Growth (1 Year)

Net Profit Growth (1 Year)

200%

Asset Quality

Promoter Holding

34.77%

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

0.00%

Reserves

₹28 Cr.

Equity

₹14 Cr.

Face Value

₹10

All Time Low / High

₹1.95 / 307.00

Citizen Solar stock performance

Key Ratios

Check Before You Invest

Quality

Not Good

Check detailed performance

Valuation

Undervalued

Check Valuation charts

Price Trend

Weak

Check Price chart

Q.1 Is Citizen Solar Ltd a good quality company?

Citizen Solar Ltd is a weak quality company, based on a inconsistent 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 Citizen Solar Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Citizen Solar Ltd vs industry peers?

Citizen Solar Ltd revenue CAGR is 22.30%, 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 Citizen Solar Ltd?

Promoters hold 34.77% of the Citizen Solar Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Citizen Solar Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 50.1% 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'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	-2.6%	0.4%	1.1%	0.7%	-1.3%	-2.4%	-1.4%	0.2%	0.2%	0.9%	-
Value Creation Index ⓘ	-1.2	-1.0	-0.9	-1.0	-1.1	-1.2	-1.1	-1.0	-1.0	-0.9	-
Growth Parameters ⓘ
Sales ⓘ	3.3	3.4	2.9	2.4	1.5	0.6	0.6	2.4	3.9	4.1	311
Sales YoY Gr.	-	4.3%	-15%	-15.3%	-39.3%	-62.8%	7.3%	303.4%	64.7%	3.3%	-
Adj EPS ⓘ	-0.5	0.1	0	0	-0.1	-0.2	-0.6	0	0	0.1	16
YoY Gr.	-	NA	-60%	50%	-400%	NA	NA	NA	-50%	500%	-
BVPS (₹) ⓘ	8.9	8.9	8.9	8.9	8.8	8.6	8.5	8.5	8.5	8.6	29.8
Adj Net Profit ⓘ	-0.3	0	0	0	-0.1	-0.1	-0.3	0	0	0	22
Cash Flow from Ops. ⓘ	0.2	0.6	0.4	0.3	-0	-0.2	-0	0	-0.1	0	-
Debt/CF from Ops. ⓘ	1.9	0.7	0.6	0.9	0	0	0	0	0	0	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	2.5%	22.3%	90.1%	3.3%
Adj EPS ⓘ	NA	NA	NA	500%
BVPSⓘ	-0.4%	-0.5%	0.4%	0.8%
Share Price	51.7%	108.4%	98.1%	323.1%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-4.8	0.6	0.3	0.4	-1	-2.6	-6.7	0.2	0.2	0.7	83.2
Op. Profit Mgn % ⓘ	-11.4	-2.6	-1.4	-8.6	-30.3	-93.4	-107.3	-13.5	-9.5	-8.1	13.8
Net Profit Mgn % ⓘ	-8	0.9	0.5	0.8	-3.4	-22.1	-52.3	0.4	0.2	0.8	7.2
Debt to Equity ⓘ	0.1	0.1	0.1	0.1	0	0	0	0	0	0	1.8
Working Cap Days ⓘ	473	432	470	526	938	2,562	2,446	649	391	376	24
Cash Conv. Cycle ⓘ	3	-6	-1	-12	-36	-40	-26	-5	0	0	-5

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	3	3	3	2	1	1	1	2	4	4
Operating Expenses > ⓘ +	4	3	3	3	2	1	1	3	4	4
Manufacturing Costs	0	0	0	0	0	0	0	0	0	0
Material Costs	0	0	0	0	0	0	0	2	4	4
Employee Cost	2	2	2	1	1	0	0	0	0	0
Other Costs > ⓘ	2	2	1	1	1	1	1	0	0	0
Operating Profit > ⓘ	-0	-0	-0	-0	-0	-1	-1	-0	-0	-0
Operating Profit Margin (%)	-11.4%	-2.6%	-1.4%	-8.6%	-31.8%	-93.4%	-107.0%	-13.5%	-9.5%	-8.1%
Other Income > ⓘ +	1	0	0	0	0	0	1	0	0	0
Exceptional Items > ⓘ	0	0	0	0	0	0	0	0	0	0
Interest > ⓘ	0	0	0	0	0	0	0	0	0	0
Depreciation > ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax > ⓘ	-0	-0	0	-0	-0	-0	-0	0	0	0
Tax > ⓘ	-0	-0	-0	-0	-0	0	0	0	0	0
Profit After Tax	-0	0	0	0	-0	-0	-0	0	0	0
PAT Margin (%)	-6.7%	1.0%	0.5%	0.8%	-4.4%	-20.3%	-10.8%	0.4%	0.2%	0.8%
Adjusted EPS (₹)	-0.4	0.1	0.0	0.0	-0.1	-0.2	-0.1	0.0	0.0	0.1
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Valuation of Citizen Solar - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	5	5	5	5	5	5	5	5	5	5
Share Capital ⓘ	5	5	5	5	5	5	5	5	5	5
Reserves ⓘ	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1
Debt +	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	0	0	0	0	0	0	0	0	0	0
Others Liabilities ⓘ	0	0	0	0	0	0	0	0	0	0
Total Liabilities ⓘ	6	6	5	5	5	5	5	5	5	5
Fixed Assets
Net Fixed Assets ⓘ +	1	1	1	1	0	0	0	0	0	0
Gross Block	2	3	2	2	0	0	0	0	0	0
Accumulated Depreciation	1	1	1	1	0	0	0	0	0	0
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	0	0	1	1	1	1	0	0	0	0
Inventories	0	0	0	0	0	0	0	0	0	0
Trade Receivables	0	0	0	0	0	0	0	0	0	0
Cash Equivalents	0	0	0	0	0	0	0	0	0	0
Others Assets ⓘ	4	4	3	4	4	4	4	4	4	4
Total Assets ⓘ	6	6	5	5	5	5	5	5	5	5

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	0	1	0	0	-0	-0	-0	0	-0	0
PBT ⓘ	-0	-0	0	-0	-0	-0	-0	0	0	0
Adjustment ⓘ	0	0	0	0	0	0	0	0	0	0
Changes in Working Capital ⓘ	0	0	0	0	-0	-0	0	0	-0	-0
Tax Paid ⓘ	-0	0	-0	0	0	-0	0	0	0	-0
Cash Flow From Investing Activity ⓘ +	-0	-1	-1	-0	1	0	0	0	0	0
Capex	-0	-1	-0	-0	1	0	0	0	0	0
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	-0	0	0	0	0	0	0	0
Cash Flow From Financing Activity ⓘ +	-0	-0	0	-0	-1	0	-0	-0	0	-0
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	-0	-0	-0	0	0	0	0	0
Interest Paid ⓘ	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-0	0	0	-0	-1	0	-0	-0	0	-0
Net Cash Flow ⓘ	-0	0	-0	-0	0	-0	-0	-0	-0	0

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	-4	0.72	0.28	0.39	-1.37	-2.39	-1.38	0.2	0.17	0.71
ROCE (%)	-2.59	0.4	1.13	0.7	-1.27	-2.38	-1.38	0.21	0.18	0.88
Asset Turnover Ratio	0.51	0.6	0.52	0.45	0.28	0.11	0.13	0.51	0.84	0.88
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Working Capital Days
Receivable Days	24.60	15.30	20.30	12.90	14.60	35	0	0	0	0
Inventory Days	0	0	0	0	0	0	0	0	0	0
Payable Days	0	0	0	0	0	0	70.70	0	0	0

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

Citizen Solar Ltd FAQs

The current trading price of Citizen Solar on 15-Jun-2026 16:59 is ₹239.3.

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 14-Jun-2026 the market cap of Citizen Solar stood at ₹336.1 Cr

The latest P/E ratio of Citizen Solar as of 14-Jun-2026 is 14.98.

The latest P/B ratio of Citizen Solar as of 14-Jun-2026 is 8.02.

The 52-week high of Citizen Solar is ₹307.0 and the 52-week low is ₹55.46.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Citizen Solar is ₹311 ( Cr.) .

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

The key valuation ratios of Citizen Solar Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

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

About Citizen Solar Ltd

Citizen Infoline Ltd is one of a leading online search engine and yellow page players operates through citizenyellowpages.com. It also offers directory enquiry services - Citizen Infoline 33000000. It offers its services in 26 states which include Ahmedabad, Agra, Amritsar, Bangalore, Bhopal, Chennai, Delhi, Indore, Jaipur, Kolkata and Mumbai. It offers 2,00,000 listings online and more than 10,000 users watch this site everyday.

Business area of the company

The company is leading online search engine and yellow page players operates through citizenyellowpages.com.

Citizen Solar Ltd (538786)

Citizen Solar Ltd (538786)

Citizen Solar stock performance

Check Before You Invest

Quality

Valuation

Price Trend

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)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Citizen Solar - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Citizen Solar Ltd FAQs

About Citizen Solar Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Citizen Solar Ltd (538786)

Citizen Solar Ltd (538786)

Citizen Solar stock performance

Check Before You Invest

Quality

Valuation

Price Trend

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)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Citizen Solar - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Citizen Solar Ltd FAQs

What is the share price of Citizen Solar?

What is the market cap of Citizen Solar?

What is the P/E ratio of Citizen Solar?

What is the P/B ratio of Citizen Solar?

What is the 52-week high and low of Citizen Solar?

What is the TTM revenue of Citizen Solar?

Is Citizen Solar Ltd a good quality company?

Is Citizen Solar Ltd undervalued or overvalued?

Is Citizen Solar Ltd a good buy now?

About Citizen Solar Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.