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Solar91 Cleantech Limited, founded in 2015, is a fast-growing renewable energy company focused on distributed solar projects and has evolved from an EPC player into a full-scale Independent Power Producer with multiple revenue streams including EPC, operations and maintenance, and long-term solar assets. The company follows an integrated model using a mix of debt and equity, along with a cluster-based approach to improve efficiency and reduce costs, while targeting strong returns for investors. With a confirmed order book of over 450 MW and plans to scale beyond 1,000 MW, Solar91 is benefiting from strong government support, rising demand for clean energy, and opportunities in battery storage systems. Led by experienced IIT alumni, the company has built a strong foundation in execution and strategy, although its IPO plans were postponed due to regulatory concerns and will require fresh approvals before relaunch. Overall, with growing demand for renewable energy and a clear expansion ro...
| Solar 91 Cleantech Limited Price | ₹475.00 Per Equity Share |
| Lot Size | 100 Shares |
| 52 Week High | 475 Shares |
| 52 Week Low | 475 Shares |
| Depository | NSDL & CDSL |
| PAN Number | AAWCS2508Q |
| ISIN Number | INE0U5I01016 |
| CIN | U40108RJ2015PTC048401 |
| RTA | Maashitla Securities |
| Market Cap (in Cr.) | 767.00 |
| P/E Ratio | 134.56 |
| P/B Ratio | 26.33 |
| D/E Ratio | 2.69 |
| ROE | 19.64 |
| Book Value | 18.04 |
| Face Value | 10.00 |
| Total Shares | 16142670 |
| Field | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| da | 2.5 | 4 | 8 | 42 |
| eps | 266.67 | 226.24 | 1519.07 | 3.78 |
| npm | 0.82 | 0.93 | 5.49 | 6.94 |
| opm | 0.46 | 1.78 | 8.51 | 14.62 |
| pat | 34 | 35 | 235 | 570 |
| pbt | 46 | 48 | 316 | 1130 |
| tax | 12 | 13 | 81 | 560 |
| ebit | 16.5 | 63 | 356 | 1160 |
| ebitda | 19 | 67 | 364 | 1202 |
| revenue | 4157 | 3758 | 4277 | 8219 |
| pbt margins | 1.11 | 1.28 | 7.39 | 13.75 |
| ebit margins | 0.4 | 1.68 | 8.32 | 1160 |
| finance cost | 14 | 32 | 63 | 117 |
| other income | 44 | 9 | 22 | 85.8 |
| gross margins | 10.95 | 6.36 | 14.59 | 21.71 |
| other expenses | 287 | 30 | 43 | 154 |
| change in inventory | -113 | 8 | 0 | 0 |
| cost of material consumed | 3815 | 3511 | 3653 | 6435 |
| employee benefit expenses | 149 | 142 | 217 | 428 |