Northern Solar Holdings Berhad (KLSE:NORTHERN)
Malaysia flag Malaysia · Delayed Price · Currency is MYR
0.6850
+0.0050 (0.74%)
At close: Aug 10, 2026

KLSE:NORTHERN Financials Overview

Millions MYR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
11311384.8777.9744.6722.23
Revenue Growth
33.15%33.15%8.84%74.55%100.94%-
Gross Profit
38.8338.8332.0721.5911.315.05
Operating Income
20.7920.7917.2113.097.553.36
Net Income
15.2815.2811.4110.096.123.11
Earnings Per Share
0.040.040.0310.096.123.11
EPS Growth
14.53%14.53%-99.67%64.98%96.88%-

Revenue by Segment

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
EPCC of Solar PV Systems
109.32109.3283.1577.0344.2622.23
Sale of Renewable Energy Certificate
1.091.09----
Sale of Electricity through Solar Energy Generation
2.312.311.580.950.41-
Operations and Maintenance Services
0.280.280.13---
Total
11311384.8777.9744.6722.23

Cash & Debt

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
45.4945.4952.49.177.892.47
Total Debt
12.8312.8312.6377.470.95
Net Cash (Debt)
32.6632.6639.762.170.421.52
Net Cash Growth
-17.87%-17.87%1735.08%411.70%-72.08%-
Net Cash Per Share
0.080.080.122.170.421.52

Cash Flow & CapEx

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
2.422.428.387.642.410.89
Capital Expenditures
-10.01-10.01-3.16-7-0.15-0.14
Free Cash Flow
-7.59-7.595.220.642.250.75
Free Cash Flow Growth
--718.54%-71.69%198.67%-

Margins

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Gross Margin
34.37%34.37%37.80%27.68%25.31%22.73%
Operating Margin
18.40%18.40%20.28%16.79%16.91%15.10%
Pretax Margin
19.32%19.32%20.11%16.31%16.02%14.99%
Profit Margin
13.53%13.53%13.45%12.94%13.69%13.97%
FCF Margin
-6.72%-6.72%6.15%0.82%5.04%3.39%

Valuation

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
17.7315.7923.40---
Forward PE
12.0211.5517.76---
P/FCF Ratio
--51.16---
PS Ratio
2.402.143.15---