---
title: "Solar91 Cleantech Ltd (1285205) — Share Price, Financials & Analysis"
symbol: "1285205"
company: "Solar91 Cleantech Ltd"
canonical: "https://tapetide.com/stocks/1285205"
generated_at: "2026-10-13T11:00:22.791Z"
---

# Solar91 Cleantech Ltd (1285205)

Canonical page: https://tapetide.com/stocks/1285205

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Incorporated in 2015, Solar91 Cleantech Limited is engaged in providing Engineering, Procurement, and Construction (EPC) Solar Energy Solutions to commercial and industrial clients.[1]

## Latest Price

## Key Insights

### Strengths

- Company has a good return on equity (ROE) track record: 3 Years ROE 43.2%
- Company's working capital requirements have reduced from 34.8 days to 23.7 days

## Growth Rates

| Metric | 1Y |
| --- | --- |
| revenue growth | 14% |

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- |
| Sales | 41.57 | 37.58 | 42.77 |
| Expenses | 41.41 | 36.84 | 39.12 |
| Operating Profit | 0.16 | 0.74 | 3.65 |
| OPM % | 0.38 | 1.97 | 8.53 |
| Other Income | 0.44 | 0.09 | 0.2 |
| Interest | 0.14 | 0.53 | 0.63 |
| Depreciation | 0.02 | 0.03 | 0.09 |
| Profit before tax | 0.44 | 0.27 | 3.13 |
| Tax % | 27.27 | 25.93 | 25.56 |
| Net Profit | 0.32 | 0.2 | 2.34 |
| Dividend Payout % | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- |
| Equity Capital | 0.01 | 0.02 | 0.02 |
| Reserves | 1.29 | 2.34 | 4.7 |
| Borrowings | 2.27 | 7.76 | 10.85 |
| Other Liabilities | 5.97 | 2.87 | 9.38 |
| Total Liabilities | 9.54 | 12.99 | 24.95 |
| Fixed Assets | 0.08 | 0.15 | 4.57 |
| CWIP | 0 | 1.33 | 0.21 |
| Investments | 0.09 | 0.39 | 2.74 |
| Other Assets | 9.37 | 11.12 | 17.43 |
| Total Assets | 9.54 | 12.99 | 24.95 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- |
| Cash from Operating Activity | -3.75 | -3.34 | 3.97 |
| Cash from Investing Activity | -0.06 | -1.39 | -3.37 |
| Cash from Financing Activity | 1.31 | 5.82 | 2.47 |
| Net Cash Flow | -2.5 | 1.09 | 3.07 |
| Free Cash Flow | -3.82 | -4.78 | 0.59 |
| CFO/OP | -2269 | -442 | 132 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- |
| Debtor Days | 19.76 | 26.13 | 18.35 |
| Inventory Days | 58.43 | 64.45 | 72.84 |
| Days Payable | 3.44 | 1.56 | 3.3 |
| Cash Conversion Cycle | 74.74 | 89.02 | 87.89 |
| Working Capital Days | 21.34 | 59.25 | 23.72 |
| ROCE % | — | 11.69 | 29.28 |

## Filings & Documents

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-02-10 | Credit rating update — CARE Ratings |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:22.791Z.