Sahaj Solar Limited (NSE:SAHAJSOLAR)

Sahaj Solar Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	192.43	104.08	102.15	118.31	25.11	10.68
Cash & Short-Term Investments	192.43	104.08	102.15	118.31	25.11	10.68
Cash Growth	4.56%	1.89%	-13.66%	371.11%	135.22%	-44.91%
Accounts Receivable	2,301	3,225	1,968	885.87	578.44	372.63
Other Receivables	-	9.29	9.32	2.05	2.03	4.02
Receivables	2,475	3,235	1,977	887.92	580.47	376.64
Inventory	283.22	231.6	227.86	150.46	118.42	111.27
Prepaid Expenses	-	7.91	30.98	6.03	9.17	10.23
Other Current Assets	12.25	105.87	226.38	226.74	79.62	17.34
Total Current Assets	2,963	3,684	2,565	1,389	812.8	526.16
Property, Plant & Equipment	319.5	345.02	63.24	69.74	76.05	77.58
Long-Term Investments	-	94.52	53.11	15.1	10.34	2.71
Goodwill	-	-	-	0.13	-	-
Other Intangible Assets	2.53	2.03	0.68	0.61	0.52	0.48
Long-Term Deferred Tax Assets	23.92	39.55	6.54	7.6	1.7	1.08
Other Long-Term Assets	602.1	549.2	318.44	11	6.74	2.32
Total Assets	4,018	4,793	3,041	1,494	908.15	610.34

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	1,186	1,184	1,212	429.11	562.49	318.46
Accrued Expenses	-	42.24	11.27	31.2	5.94	2.79
Short-Term Debt	-	-	-	527.19	83.28	78.73
Current Portion of Long-Term Debt	1,006	1,296	542.1	15.64	15.82	27.33
Current Income Taxes Payable	-	121.44	47.26	57.72	21.71	4.36
Current Unearned Revenue	-	0.11	0.09	-	-	-
Other Current Liabilities	156.72	233.8	8.24	55.03	9.84	12.38
Total Current Liabilities	2,349	2,877	1,821	1,116	699.07	444.05
Long-Term Debt	158.94	459.45	31.91	25.08	36.83	64.53
Long-Term Unearned Revenue	-	3.42	3.93	-	-	-
Pension & Post-Retirement Benefits	-	6.19	4.32	2.86	1.84	1.56
Other Long-Term Liabilities	67.7	46.9	83.78	13.59	2.95	-
Total Liabilities	2,575	3,393	1,945	1,157	740.69	510.13

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	219.72	219.72	109.86	80.66	78.31	52.21
Additional Paid-In Capital	-	387.4	497.45	30.67	-	14.6
Retained Earnings	-	773.08	477.68	213.23	79.95	27.97
Comprehensive Income & Other	1,204	1.2	1.21	5.78	5.98	5.44
Total Common Equity	1,423	1,381	1,086	330.34	164.23	100.21
Minority Interest	19.26	18.26	10.13	5.89	3.23	-
Shareholders' Equity	1,443	1,400	1,096	336.23	167.46	100.21
Total Liabilities & Equity	4,018	4,793	3,041	1,494	908.15	610.34

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	1,165	1,755	574.01	567.91	135.93	170.59
Net Cash (Debt)	-972.78	-1,651	-471.86	-449.59	-110.81	-159.91
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-44.30	-75.15	-46.62	-28.54	-7.08	-10.21
Filing Date Shares Outstanding	21.98	21.97	10.95	16.13	15.66	15.66
Total Common Shares Outstanding	21.98	21.97	10.95	16.13	15.66	15.66
Working Capital	614.51	806.69	743.43	273.57	113.73	82.11
Book Value Per Share	64.76	62.87	99.19	20.48	10.49	6.40
Tangible Book Value	1,421	1,379	1,086	329.59	163.71	99.72
Tangible Book Value Per Share	64.64	62.78	99.12	20.43	10.45	6.37
Land	-	16.02	6.48	-	-	-
Buildings	-	195.65	35.19	-	-	-
Machinery	-	42.57	29.36	-	-	-
Construction In Progress	-	110.35	1.31	-	-	-
Order Backlog	-	4,020	-	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Aug 1, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Nov 7, 2026

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