INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol SAHAJSOLAR
MSEI Symbol NOTLISTED
ISIN INE0P4701011
Name of Company Sahaj Solar Limited
Type of company SME
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 16-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 06-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Half Yearly
Reporting Quarter Yearly
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Solar Industry
Start date and time of board meeting 16-05-2026   11:15:00
End date and time of board meeting 16-05-2026   16:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion


Financial Results — Other than Bank

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Revenue From Operations
Revenue from operations 30,807.01 41,919.35
Other income 141.71 189.11
Total Income 30,948.72 42,108.46
2 Expenses
(a) Cost of materials consumed 23,929.72 32,285.56
(b) Purchases of stock-in-trade 648.46 1,048.88
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (275.51) (330.56)
(d) Employee benefit expense 466.11 896.25
(e) Finance costs 751.99 1,110.66
(f) Depreciation and amortisation expense 83.24 150.91
(g) Other Expenses
1 Other expenses 1,921.77 2,841.26
Total other expenses 1,921.77 2,841.26
Total expenses 27,525.78 38,002.96
3 Profit before exceptional and extraordinary items and tax 3,422.94 4,105.50
4 Exceptional items 0.00 0.00
5 Profit before extraordinary items and tax 3,422.94 4,105.50
6 Extraordinary items 0.00 0.00
7 Profit before tax 3,422.94 4,105.50
8 Tax Expense
Current tax 1,209.07 1,403.44
Deferred tax (308.55) (330.05)
Total tax expenses 900.52 1,073.39
9 Net Profit Loss for the period from continuing operations 2,522.42 3,032.11
10 Profit (loss) from discontinuing operations before tax 0.00 0.00
11 Tax expense of discontinuing operations 0.00 0.00
12 Net profit (loss) from discontinuing operation after tax 0.00 0.00
13 Profit (loss) for period before minority interest 2,522.42 3,032.11
14 Share of profit (loss) of associates 0.00 0.00
15 Profit (loss) of minority interest (77.94) (74.84)
16 Net profit (Loss) for the period 2,444.48 2,957.27
17 Details of equity share capital
Paid-up equity share capital 2,197.20 2,197.20
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 11,616.30
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 11.13 13.46
Diluted earnings (loss) per share from continuing and discontinued operations 11.13 13.46
20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio
23 Disclosure of notes on financial results Textual Information(1)


Text Block

Textual Information(1) 1. During the year, the Company issued bonus shares in the rat io of 1:1. Accordingly, in compliance with Account ing Standard 20 - Earnings Per Share, the previous year's Earnings Per Share (EPS) has been restated. Consequently, the restated EPS of the Company for the financial year 2024-25 stands at Rs. 13.61 per share. 2. The above results have been reviewed by the Audit Committee and have been approved by the Board of Directors of the Company at their respective meetings held on 16th May 2026. 3. The Financial results have been prepared in accordance with the accounting standard as notified under section 133, of the companies Act 2013 (Act), read with the relevant rules made thereunder and other accounting principles generally accepted in India. 4. During the year company has issued bonus shares in the ratio of 1:1, the record date of the same was 2nd April 2025, these shares have been issued out of the securities premium of the company. 5. Subsidiaries namely Sahaj Energies Ltd, Sahaj Renewable Energy Zambia Limited and Sunventa Power Private Limited were incorporated during F.Y. 2025-26. However, the financial commitments in respect of the said entities were made subsequent to the financial year-end reporting date and, accordingly, the investment amounts have not been considered in the current financial year. 6. As per Accounting Standard (AS) 17 - Segment Reporting, notified under the Companies (Accounting Standards) Rules, 2021, the disclosure requirements pertaining to reportable business segments are not applicable to the Company. 7. Figures of the previous year/period have been regrouped/rearranged wherever considered necessary.


Remarks

20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio


Cash flow statement — indirect

Amount in (Lakhs)

A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 4,105.50
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 1,110.66
Adjustments for depreciation and amortisation expense 150.91
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for share-based payments 0.00
Other adjustments for which cash effects are investing or financing cash flow (47.73)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments to profit (loss) 1,213.84
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories (37.31)
Adjustments for decrease (increase) in trade receivables (12,573.74)
Adjustments for decrease (increase) in other current assets (83.71)
Adjustments for increase (decrease) in trade payables (283.05)
Adjustments for increase (decrease) in other current liabilities 2,477.77
Adjustments for provisions (465.40)
Total adjustments for working capital (10,965.44)
Total adjustments for reconcile profit (loss) (9,751.60)
Net cash flows from (used in) operations (5,646.10)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (2,183.74)
Net cash flows from (used in) operating activities before extraordinary items (7,829.84)
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) operating activities (7,829.84)
4 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property plant and equipment 0.00
Purchase of property plant and equipment 1,878.33
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 13.44
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 47.73
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (1,090.41)
Proceeds from government grants 0.00
Net cash flows from (used in) investing activities before extraordinary items (2,934.45)
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) investing activities (2,934.45)
Cash flows from used in financing activities
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 16,239.06
Repayments of borrowings 4,426.17
Dividends paid 0.00
Interest paid 1,110.66
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 81.34
Net cash flows from (used in) financing activities before extraordinary items 10,783.57
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) financing activities 10,783.57
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 19.28
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 19.28
Cash and cash equivalents cash flow statement at beginning of period 1,021.50
Cash and cash equivalents cash flow statement at end of period 1,040.78


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Equity and liabilities
1 Shareholders' funds
Share capital 2,197.20
Reserves and surplus 11,616.75
Money received against share warrants 0.00
Total shareholders' funds 13,813.95
2 Share application money pending allotment 0.00
3 Deferred government grants 0.00
4 Minority interest 18261000
5 Non-current liabilities
Long-term borrowings 4,594.54
Deferred tax liabilities (net) 0.00
Foreign currency monetary item translation difference liability account
Other long-term liabilities
1 Other long-term liabilities 192.44
Total of Other long-term liabilities 192.44
Long-term provisions 372.55
Total non-current liabilities 5,159.53
6 Current liabilities
Short-term borrowings 12,958.49
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 7,133.12
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 4,705.56
Total Trade payable 11,838.68
Other current liabilities
1 Other current liabilities 2,579.84
Total of Other long-term liabilities 2,579.84
Short-term provisions 1,396.03
Total current liabilities 28,773.04
Total equity and liabilities 47,929.13
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 2,346.77
Producing properties
Intangible assets 20.28
Preproducing properties
Property, Plant and Equipment capital work-in-progress 1,103.46
Intangible assets under development or work-in-progress
Total Property, Plant and Equipment and Intangible assets 3,470.51
ii Non-current investments 0.00
v Deferred tax assets (net) 395.45
vi Foreign currency monetary item translation difference asset account
vii Long-term loans and advances 786.10
Other non-current assets
1 Other non-current assets 6,437.15
Total of Other non-current assets 6,437.15
Total non-current assets 11,089.21
Current assets
Current investments 0.00
Inventories 2,315.95
Trade receivables 32,252.53
Cash and cash equivalents 1,040.78
Bank balance other than cash and cash equivalents 0.00
Short-term loans and advances 1,052.51
Other current assets
1 Other current assets 178.15
Total of Other current assets 178.15
Total current assets 36,839.92
Total assets 47,929.13
Disclosure of notes on assets and liabilities Textual Information(1)


Text Block

Textual Information(1)


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments




Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Mistry and Shah LLP Yes 31-10-2028