Sahaj Solar Limited — Investor Meet, 22-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Sahaj Solar reported FY26 turnover of INR419 Cr (+27% YoY) and PAT of INR29.6 Cr. H2 FY26 revenue surged 33% YoY to INR308 Cr, with EBITDA up 25% to INR43 Cr. The company holds a solid INR402 Cr order book (as of March 31, 2026), set for FY27 execution. Management anticipates 30%+ revenue growth and 12%+ EBITDA margins for the next three years, fueled by new products, global expansion, and key partnerships like solarizing 10,000+ bulk milk chillers. Despite past working capital strains from government payment delays, collections are improving. Management is confident in positive operational cash flow by Q3/Q4 FY27 after recent IREDA loan repayment. Eyeing strategic growth and advanced solar tech.