Sahaj Solar Past Earnings Performance
Past criteria checks 2/6
Sahaj Solar has been growing earnings at an average annual rate of 81.4%, while the Machinery industry saw earnings growing at 25.5% annually. Revenues have been growing at an average rate of 41.6% per year. Sahaj Solar's return on equity is 39.8%, and it has net margins of 6.5%.
Key information
81.4%
Earnings growth rate
81.3%
EPS growth rate
| Machinery Industry Growth | 21.0% |
| Revenue growth rate | 41.6% |
| Return on equity | 39.8% |
| Net Margin | 6.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Sahaj Solar makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 2,012 | 132 | 87 | 0 |
| 31 Mar 23 | 1,854 | 63 | 31 | 0 |
| 31 Mar 22 | 668 | 10 | 36 | 0 |
| 31 Mar 21 | 619 | 6 | 34 | 0 |
Quality Earnings: SAHAJSOLAR has a high level of non-cash earnings.
Growing Profit Margin: SAHAJSOLAR's current net profit margins (6.5%) are higher than last year (3.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if SAHAJSOLAR's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare SAHAJSOLAR's past year earnings growth to its 5-year average.
Earnings vs Industry: SAHAJSOLAR earnings growth over the past year (107.3%) exceeded the Machinery industry 24.5%.
Return on Equity
High ROE: Whilst SAHAJSOLAR's Return on Equity (39.77%) is high, this metric is skewed due to their high level of debt.