Sahaj Solar Limited Approves FY 2026 Results and Plans Major UAE Joint Venture
Sahaj Solar Limited announced key resolutions from its Board of Directors meeting held on May 16, 2026. The Board approved the audited financial results for the Half Year and Year ended March 31, 2026, and greenlit significant international expansion plans in the United Arab Emirates (UAE), including forming a major joint venture facility.The Company also announced the appointment of a new internal auditor and details regarding its investment in a wholly owned subsidiary in Dubai.
Financial Results for 2026
At its meeting on May 16, 2026, the Board of Directors approved and took on record the audited financial results, both standalone and consolidated, for the six months and the full year ended March 31, 2026. The accompanying audit report confirmed that the results carry an unmodified opinion.The financial performance for the year ending March 31, 2026, shows significant increases compared to the previous fiscal year.
The summarized audited financial results for Sahaj Solar Limited are presented in the tables below:
Consolidated Statement of Profit and Loss (Rs. in Lakhs)
| Particulars | Year Ended March 31, 2026 | Year Ended March 31, 2025 |
|---|---|---|
| Total Income | 30,948.72 | 33,082.14 |
| Total Expenses | 32,285.56 | 25,280.15 |
| Profit/Loss Before Tax | 4,105.50 | 3,779.20 |
| Profit/Loss for the period | 2,957.27 | 2,754.33 |
Consolidated Balance Sheet (As at March 31)
| Particulars | 31.03.2026 (Audited) | 31.03.2025 (Audited) |
|---|---|---|
| Total Shareholders' Fund | 13,813.95 | 10,862.06 |
| Total Non-current Liabilities | 5,159.53 | 1,239.36 |
| Total Current Liabilities | 28,773.04 | 18,211.45 |
| Total Liabilities | 47,929.13 | 30,414.14 |
| Total Assets | 47,929.13 | 30,414.14 |
Key Operational and Governance Decisions
Internal Auditor AppointmentThe Board approved the appointment of M/s. B. N. Kamothi & Co., Chartered Accountant, to serve as the Internal Auditors for Sahaj Solar Limited for the financial year 2026-27.
UAE Expansion and Joint Venture
In a significant move for international expansion, the Board approved two primary initiatives related to the UAE:
1. Investment in Subsidiary: The Company approved an investment of up to AED 2,00,000 (United Arab Emirates Dirham Two Hundred Thousand only) into Sahaj Renewable Energy Trading - FZCO, a wholly owned subsidiary (WOS) in Dubai, UAE. This capital contribution is intended to help the WOS participate in the incorporation of a new joint venture company in Dubai, UAE, for undertaking renewable energy business activities.
2. Joint Venture Incorporation: Furthermore, the Board approved the incorporation of a joint venture Company in the UAE by Sahaj Renewable Energy Trading - FZCO. This proposed entity will be incorporated jointly with a strategic partner in a 50:50 ratio and will focus on the development and establishment of a 750 MW manufacturing/project facility in the UAE. The initial investment from Sahaj Renewable Energy Trading - FZCO for this joint venture is set at AED 50,000.
Cash Flow Highlights (Consolidated)
The consolidated cash flow statement indicates the operational cash generation and capital structure activity for the period.Cash Flow from Operating Activities (Rs. in Lakhs)
| Component | 31.03.2026 | 31.03.2025 |
|---|---|---|
| Net Profit Before Tax | 4,030.66 | 3,799.20 |
| Operating Profit before Working Capital Changes | 5,239.12 | 4,314.34 |
| Net Cash Generated from Operations | (7,829.84) | (3,631.07) |
| Net Cash from Operating Activities | (7,829.84) | (3,631.07) |
The details regarding these approved actions reflect the Company's continued focus on financial transparency, governance, and strengthening its presence in the global clean energy market.
SAHAJSOLAR Stock Price Movement
On Friday, Sahaj Solar Limited shares slipped by 3.86% to settle at ₹155, falling substantially from the previous close. The equity experienced selling pressure throughout the day, trading on a volume of 19,600 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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