Income Statement Solarium Green Energy Limited

Equities

544354

INE0W0H01017

Renewable Energy Equipment & Services

Market Closed - Bombay S.E. Other stock markets 09:32:20 14/05/2026 am IST			5-day change	1st Jan Change
195.00 ^INR	+0.78%		-8.02%	-18.10%

07/04	Prostarm Info Systems Limited Receives Letter of Award from Solarium Green Energy Limited for Execution of EPC Works for 50 MWac Solar PV Power Project with Order Value of INR 1,650 Million	CI
01/04	Solarium Green Energy Ltd receives LOA as sub-contractor for 50 Mwac solar PV project in Maharashtra	RE

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Published financial data: SOLARIUM GREEN ENERGY LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	93Cr	154.93Cr	99Cr	177.4Cr	230.08Cr
Total Revenues	93Cr	154.93Cr	99Cr	177.4Cr	230.08Cr
Cost of Goods Sold, Total	85Cr	153.96Cr	79Cr	136.43Cr	167.31Cr
Gross Profit	7.95Cr	96.24L	20Cr	41Cr	63Cr
Selling General & Admin Expenses, Total	3.58Cr	8.11Cr	3.97Cr	71.35L	1.64Cr
Provision for Bad Debts	-	-	-	-	5L
Depreciation & Amortization - (IS)	82.49L	71.53L	85.31L	1.29Cr	91.34L
Other Operating Expenses	18.04L	-12Cr	9.99Cr	16Cr	35Cr
Other Operating Expenses, Total	4.59Cr	-3.1Cr	15Cr	18Cr	38Cr
Operating Income	3.37Cr	4.06Cr	5.19Cr	23Cr	25Cr
Interest Expense, Total	-90.61L	-92.87L	-1.21Cr	-2.06Cr	-2.75Cr
Interest And Investment Income	4L	3L	21.52L	4L	65.04L
Net Interest Expenses	-86.83L	-89.42L	-99.23L	-2.01Cr	-2.1Cr
Currency Exchange Gains (Loss)	8L	23.42L	-	25T	11.06L
Other Non Operating Income (Expenses)	33.42L	21.95L	-33.61L	-35.42L	-70.74L
EBT, Excl. Unusual Items	2.91Cr	3.62Cr	3.86Cr	21Cr	23Cr
Insurance Settlements	-	-	-	-	49T
EBT, Incl. Unusual Items	2.91Cr	3.62Cr	3.86Cr	21Cr	23Cr
Income Tax Expense	-	-	70.32L	5.25Cr	3.96Cr
Earnings From Continuing Operations	2.91Cr	3.62Cr	3.16Cr	16Cr	19Cr
Net Income to Company	2.91Cr	3.62Cr	3.16Cr	16Cr	19Cr
Net Income - (IS)	2.91Cr	3.62Cr	3.16Cr	16Cr	19Cr
Net Income to Common Incl Extra Items	2.91Cr	3.62Cr	3.16Cr	16Cr	19Cr
Net Income to Common Excl. Extra Items	2.91Cr	3.62Cr	3.16Cr	16Cr	19Cr
Per Share Items
Net EPS - Basic	-	-	2.11	10.39	11.65
Basic EPS - Continuing Operations	-	-	2.11	10.39	11.65
Basic Weighted Average Shares Outstanding	-	-	1.5Cr	1.5Cr	1.6Cr
Net EPS - Diluted	-	-	2.11	10.39	11.65
Diluted EPS - Continuing Operations	-	-	2.11	10.39	11.65
Diluted Weighted Average Shares Outstanding	-	-	1.5Cr	1.5Cr	1.6Cr
Normalized Basic EPS	-	-	1.61	8.68	8.83
Normalized Diluted EPS	-	-	1.61	8.68	8.83
Supplemental Items
EBITDA	4.19Cr	4.78Cr	6.04Cr	24Cr	26Cr
EBITA	3.37Cr	4.06Cr	5.19Cr	23Cr	25Cr
EBIT	3.37Cr	4.06Cr	5.19Cr	23Cr	25Cr
EBITDAR	4.4Cr	5.04Cr	6.14Cr	25Cr	27Cr
Total Revenues (As Reported)	-	168.09Cr	99Cr	177.81Cr	231.09Cr
Effective Tax Rate - (Ratio)	-	-	18.21	25.18	17.57
Total Current Taxes	-	-	75L	5.43Cr	3.79Cr
Total Deferred Taxes	-	-	-5L	-17.88L	-10.33L
Normalized Net Income	1.82Cr	2.26Cr	2.41Cr	13Cr	14Cr
Interest on Long-Term Debt	27.03T	49.53L	-	-	-
Non-Cash Pension Expense	-	-	6L	57T	-76T
Supplemental Operating Expense Items
Advertising Expense	2.13Cr	6.09Cr	39.21L	58.62L	1.28Cr
Selling and Marketing Expenses	2.13Cr	6.09Cr	39.21L	58.62L	1.28Cr
General and Administrative Expenses	1.24Cr	1.76Cr	-	-	-
Net Rental Expense, Total	21.18L	25.58L	9L	12.73L	35.5L
Imputed Operating Lease Interest Expense	13.4L	16.5L	4L	7L	15.63L
Imputed Operating Lease Depreciation	8L	9L	5L	5L	19.87L
Maintenance & Repair Expenses, Total	8L	7L	-	21.4L	73.98L

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	2.13Cr	1.31Cr	3.65Cr	1.63Cr	77Cr
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	2.13Cr	1.31Cr	3.65Cr	1.63Cr	77Cr
Accounts Receivable, Total	14Cr	6.24Cr	7.26Cr	33Cr	94Cr
Other Receivables	-	-	-	2Cr	2.71Cr
Notes Receivable	2.85Cr	1.12Cr	-	-	-
Total Receivables	17Cr	7.36Cr	7.26Cr	35Cr	97Cr
Inventory	5.66Cr	8.22Cr	12Cr	23Cr	38Cr
Prepaid Expenses	-	-	-	2L	31.04L
Other Current Assets, Total	3.17Cr	10Cr	15Cr	4.5Cr	11Cr
Total Current Assets	28Cr	27Cr	38Cr	65Cr	223.41Cr
Gross Property Plant And Equipment	5.3Cr	-	11Cr	12Cr	13Cr
Accumulated Depreciation	-78.48L	-	-5.26Cr	-6.66Cr	-6.88Cr
Net Property Plant And Equipment	4.51Cr	4.26Cr	5.85Cr	4.85Cr	6.02Cr
Long-term Investments	-	-	-	1.21Cr	-
Other Intangibles, Total	12.04L	9L	7L	5L	4L
Loans Receivable Long-Term	-	-	-	-	33L
Deferred Tax Assets Long-Term	-	-	5L	-	18.56L
Other Long-Term Assets, Total	-1	-	77.08L	6.4Cr	4.44Cr
Total Assets	33Cr	31Cr	45Cr	77Cr	234.42Cr
Liabilities
Accounts Payable, Total	78.45L	8.47Cr	8.73Cr	13Cr	17Cr
Accrued Expenses, Total	1.09Cr	1.32Cr	10.98L	2.39Cr	2.35Cr
Short-term Borrowings	-	-	13Cr	21Cr	67Cr
Current Portion of Long-Term Debt	-	-	1.45Cr	1.26Cr	41.97L
Current Income Taxes Payable	-	-	-	5.43Cr	3.79Cr
Other Current Liabilities	12Cr	2.74Cr	3.26Cr	4.7Cr	1.89Cr
Total Current Liabilities	13Cr	13Cr	26Cr	48Cr	92Cr
Long-Term Debt	13Cr	10Cr	13Cr	8.09Cr	32.31L
Pension & Other Post Retirement Benefits	-	-	-	15.92L	18.35L
Deferred Tax Liability Non Current	-	-	-	18.03L	-
Other Non Current Liabilities	-	-1	-1T	-1T	-
Total Liabilities	26Cr	23Cr	40Cr	57Cr	93Cr
Common Stock, Total	3Cr	3Cr	3Cr	3Cr	21Cr
Additional Paid In Capital	-	-	-	-	96Cr
Retained Earnings	-	-	1.79Cr	17Cr	24Cr
Comprehensive Income and Other	3.3Cr	5.59Cr	-	-	83.33L
Total Common Equity	6.3Cr	8.59Cr	4.79Cr	20Cr	141.47Cr
Total Equity	6.3Cr	8.59Cr	4.79Cr	20Cr	141.47Cr
Total Liabilities And Equity	33Cr	31Cr	45Cr	77Cr	234.42Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	-	1.5Cr	1.54Cr	2.08Cr
ECS Total Common Shares Outstanding	-	-	1.5Cr	1.5Cr	2.08Cr
Book Value / Share	-	-	3.19	13.55	67.85
Tangible Book Value	6.18Cr	8.5Cr	4.72Cr	20Cr	141.43Cr
Tangible Book Value Per Share	-	-	3.15	13.52	67.83
Total Debt	13Cr	10Cr	28Cr	31Cr	68Cr
Net Debt	11Cr	8.81Cr	24Cr	29Cr	-9.02Cr
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	16.45L	35.36L
Debt Equivalent Oper. Leases	1.69Cr	2.05Cr	75.04L	1.02Cr	2.84Cr
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	-	-	7.97Cr	20Cr	20Cr
Inventories - Work In Process, Total	-	-	4.38Cr	-	-
Inventories - Finished Goods, Total	-	-	-	2.64Cr	18Cr
Inventories - Others	-	-	-	9L	-
Land - (BS)	-	-	26.58L	26.58L	26.58L
Buildings, Total	-	-	3.38Cr	1.62Cr	3.74Cr
Machinery, Total	-	-	7.46Cr	9.62Cr	8.9Cr
Full Time Employees	-	-	-	205	305
Order Backlog	-	-	-	165.29Cr	363Cr

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	-	-	3.16Cr	16Cr	19Cr
Depreciation & Amortization - CF	-	-	85.31L	1.28Cr	90.07L
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	2L	1L
Depreciation & Amortization, Total	-	-	85.31L	1.29Cr	91.34L
Other Operating Activities, Total	-	-	13.4L	2.19Cr	2.7Cr
Change In Accounts Receivable	-	-	-1.01Cr	-24Cr	-59Cr
Change In Inventories	-	-	-4.13Cr	-11Cr	-15Cr
Change In Accounts Payable	-	-	-79.54L	4.54Cr	3.49Cr
Change in Other Net Operating Assets	-	-	4.15Cr	11Cr	-13Cr
Cash from Operations	-	-	2.35Cr	-20.38L	-62Cr
Capital Expenditure	-	-	-2.42Cr	-58.35L	-1.25Cr
Investment in Marketable and Equity Securities, Total	-	-	-75.4L	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-2.9Cr	2.84Cr
Other Investing Activities, Total	-	-	5L	4L	65.04L
Cash from Investing	-	-	-3.13Cr	-3.45Cr	2.23Cr
Short Term Debt Issued, Total	-	-	-	8.4Cr	45Cr
Long-Term Debt Issued, Total	-	-	4.71Cr	-	-
Total Debt Issued	-	-	4.71Cr	8.4Cr	45Cr
Long-Term Debt Repaid, Total	-	-	-	-4.35Cr	-8.81Cr
Total Debt Repaid	-	-	-	-4.35Cr	-8.81Cr
Issuance of Common Stock	-	-	-	-	102.36Cr
Other Financing Activities, Total	-	-	-1.6Cr	-2.41Cr	-3.45Cr
Cash from Financing	-	-	3.11Cr	1.63Cr	135.08Cr
Net Change in Cash	-	-	2.33Cr	-2.02Cr	75Cr
Supplemental Items
Cash Interest Paid	-	-	1.6Cr	2.41Cr	3.45Cr
Cash Income Tax Paid (Refund)	-	-	-	5.43Cr	4.06Cr
Levered Free Cash Flow	-	-	-8.21Cr	-5.41Cr	-71Cr
Unlevered Free Cash Flow	-	-	-7.46Cr	-4.12Cr	-69Cr
Change In Net Working Capital	3.28Cr	59.91L	9.13Cr	19Cr	84Cr
Net Debt Issued / Repaid	-	-	4.71Cr	4.04Cr	36Cr

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	8.47	7.95	8.54	23.85	10.09
Return on Total Capital	12.96	13.4	12.65	35.13	12.05
Return On Equity %	60.92	48.68	81.12	124.38	22.95
Return on Common Equity	60.92	48.68	81.12	124.38	22.95
Margin Analysis
Gross Profit Margin %	8.57	0.62	20.25	23.09	27.28
SG&A Margin	3.86	5.23	4.02	0.4	0.71
EBITDA Margin %	4.52	3.09	6.12	13.81	11.37
EBITA Margin %	3.63	2.62	5.25	13.09	10.97
EBIT Margin %	3.63	2.62	5.25	13.08	10.97
Income From Continuing Operations Margin %	3.14	2.34	3.2	8.79	8.08
Net Income Margin %	3.14	2.34	3.2	8.79	8.08
Net Avail. For Common Margin %	3.14	2.34	3.2	8.79	8.08
Normalized Net Income Margin	1.96	1.46	2.44	7.34	6.12
Levered Free Cash Flow Margin	-	-	-8.31	-3.05	-30.69
Unlevered Free Cash Flow Margin	-	-	-7.55	-2.32	-29.94
Asset Turnover
Asset Turnover	3.73	4.85	2.6	2.92	1.47
Fixed Assets Turnover	24	35.33	19.56	34.14	39.37
Receivables Turnover (Average Receivables)	12.21	15.16	14.64	8.71	3.6
Inventory Turnover (Average Inventory)	14.99	22.17	7.66	7.7	5.48
Short Term Liquidity
Current Ratio	2.09	2.15	1.44	1.34	2.42
Quick Ratio	1.22	0.6	0.41	0.77	1.88
Operating Cash Flow to Current Liabilities	-	-	0.09	-0	-0.67
Days Sales Outstanding (Average Receivables)	29.89	24.08	24.93	42.02	101.28
Days Outstanding Inventory (Average Inventory)	24.35	16.46	47.67	47.53	66.66
Average Days Payable Outstanding	9.07	10.79	40.18	27.35	30.06
Cash Conversion Cycle (Average Days)	45.16	29.76	32.42	62.2	137.88
Long Term Solvency
Total Debt/Equity	205.48	117.8	580.22	151.33	48.06
Total Debt / Total Capital	67.26	54.09	85.3	60.21	32.46
LT Debt/Equity	205.48	117.8	281.87	39.8	0.23
Long-Term Debt / Total Capital	67.26	54.09	41.44	15.84	0.15
Total Liabilities / Total Assets	80.71	72.5	89.28	73.67	39.65
EBIT / Interest Expense	3.72	4.38	4.3	11.28	9.19
EBITDA / Interest Expense	4.63	5.15	5	11.91	9.52
(EBITDA - Capex) / Interest Expense	4.63	5.15	3	11.63	9.06
Total Debt / EBITDA	3.09	2.12	4.6	1.26	2.6
Net Debt / EBITDA	2.58	1.84	3.99	1.19	-0.35
Total Debt / (EBITDA - Capex)	3.09	2.12	7.67	1.29	2.73
Net Debt / (EBITDA - Capex)	2.58	1.84	6.66	1.22	-0.36
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	108.72	97.89	-36.23	79.57	29.7
Gross Profit, 1 Yr. Growth %	15.05	-114.79	61.01	150.05	52.98
EBITDA, 1 Yr. Growth %	-4.38	13.37	26.91	304.23	6.45
EBITA, 1 Yr. Growth %	-11.24	19.86	28.26	421.71	6.15
EBIT, 1 Yr. Growth %	-11.24	19.86	28.26	423.87	6.1
Earnings From Cont. Operations, 1 Yr. Growth %	7.12	24.49	-12.86	796.68	18.08
Net Income, 1 Yr. Growth %	7.12	24.49	-12.86	796.68	18.08
Normalized Net Income, 1 Yr. Growth %	7.12	23.45	6.54	584.31	5.24
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	-	796.41	11.06
Accounts Receivable, 1 Yr. Growth %	1.34T	-56.06	16.24	361.46	181.36
Inventory, 1 Yr. Growth %	0.29	45.21	50.23	86.81	64.77
Net Property, Plant and Equip., 1 Yr. Growth %	40.45	-5.75	37.42	-12.52	6.22
Total Assets, 1 Yr. Growth %	91.58	-4.35	42.84	74.01	200.17
Tangible Book Value, 1 Yr. Growth %	99.49	37.56	62.14	333.61	590.73
Common Equity, 1 Yr. Growth %	93.36	36.36	59.52	328.99	589.21
Cash From Operations, 1 Yr. Growth %	-	-	-54.1	-94.73	30.28T
Capital Expenditures, 1 Yr. Growth %	-	-	469.27	-75.95	114.82
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-581.68	-28.25	1.17T
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-432.9	-40.14	1.51T
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	471.72	86.72	12.33	2.95	52.61
Gross Profit, 2 Yr. CAGR %	87.43	-62.68	75.33	37.11	95.73
EBITDA, 2 Yr. CAGR %	170.21	4.43	19.72	124.33	107.73
EBITA, 2 Yr. CAGR %	129.87	3.52	23.71	143.44	138.19
EBIT, 2 Yr. CAGR %	129.87	3.52	23.71	144.26	138.7
Earnings From Cont. Operations, 2 Yr. CAGR %	48.39	15.48	4.15	175.74	226.96
Net Income, 2 Yr. CAGR %	48.39	15.48	4.15	175.74	226.96
Normalized Net Income, 2 Yr. CAGR %	48.39	15.48	14.68	148.36	172.09
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-	175.7	217.04
Accounts Receivable, 2 Yr. CAGR %	-	151.74	-28.53	131.6	260.33
Inventory, 2 Yr. CAGR %	49.68	20.67	47.7	67.53	75.45
Net Property, Plant and Equip., 2 Yr. CAGR %	7.93	15.05	13.8	1.29	4.22
Total Assets, 2 Yr. CAGR %	65.84	35.37	16.94	55.81	129.85
Tangible Book Value, 2 Yr. CAGR %	256.68	65.65	-12.62	163.65	449.86
Common Equity, 2 Yr. CAGR %	200.06	62.38	-12.84	160.31	446.39
Cash From Operations, 2 Yr. CAGR %	-	-	-	-81.09	300.14
Capital Expenditures, 2 Yr. CAGR %	-	-	-	17.83	-28.12
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-4.51	206.03
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-19.37	216.2
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	279.37	30.52	31.35	11.19
Gross Profit, 3 Yr. CAGR %	-	-24.8	42.5	84.66	42.28
EBITDA, 3 Yr. CAGR %	-	102.69	11.3	79.78	75.14
EBITA, 3 Yr. CAGR %	-	85.46	11.02	89.89	86.09
EBIT, 3 Yr. CAGR %	-	85.46	11.02	89.85	86.52
Earnings From Cont. Operations, 3 Yr. CAGR %	-	39.95	5.13	74.96	108.51
Net Income, 3 Yr. CAGR %	-	39.95	5.13	74.96	108.51
Normalized Net Income, 3 Yr. CAGR %	-	39.95	12.42	92.18	88.27
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-	104.26
Accounts Receivable, 3 Yr. CAGR %	-	-	94.57	33.08	147.12
Inventory, 3 Yr. CAGR %	-	48.18	29.82	59.73	66.6
Net Property, Plant and Equip., 3 Yr. CAGR %	-	3.16	22.07	2.41	8.4
Total Assets, 3 Yr. CAGR %	-	38.05	37.85	33.22	94.61
Tangible Book Value, 3 Yr. CAGR %	-	159.63	15.06	48.62	264.6
Common Equity, 3 Yr. CAGR %	-	130.69	13.68	47.78	261.28
Cash From Operations, 3 Yr. CAGR %	-	-	-	-	121.48
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-	43.94
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	128.31
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	121.46
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	128.67	38.94
Gross Profit, 5 Yr. CAGR %	-	-	-	78.46	55.46
EBITDA, 5 Yr. CAGR %	-	-	-	111.85	42.93
EBITA, 5 Yr. CAGR %	-	-	-	105.27	46.1
EBIT, 5 Yr. CAGR %	-	-	-	105.24	46.09
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	63.8	46.9
Net Income, 5 Yr. CAGR %	-	-	-	63.8	46.9
Normalized Net Income, 5 Yr. CAGR %	-	-	-	73.59	52.68
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	148.96
Inventory, 5 Yr. CAGR %	-	-	-	55.63	46.44
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	4.59	13.37
Total Assets, 5 Yr. CAGR %	-	-	-	45.42	68.92
Tangible Book Value, 5 Yr. CAGR %	-	-	-	110.94	114.74
Common Equity, 5 Yr. CAGR %	-	-	-	96.18	112.59