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Ahasolar Technologies Ltd (543941)

📊 BSE: 543941 🏢 E-Retail/ E-Commerce 📢 Latest filing: 31 Aug 2026

Latest quarterly results (H2 FY26)

In its latest reported quarter, H2 FY26, Ahasolar Technologies' revenue was ₹55.7 Cr (+59.5% year on year, +54.6% on the previous half-year), and net profit ₹0.3 Cr (-83.4% year on year); the operating margin was 1.0%.

H2 FY26 (₹ Cr)	Value	YoY vs H2 FY25	vs prev. half
Revenue	₹55.7	+59.5%	+54.6%
Operating profit	₹0.6	-71.3%	from loss
Net profit	₹0.3	-83.4%	from loss
EPS (₹)	1.04	-83.4%	from loss
Operating margin	1.0%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Ahasolar Technologies Releases FY26 Annual Report; Consolidated Revenue Up 58.6% to ₹91.97 Cr

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 31 Aug 2026, 04:26 PM

Ahasolar Technologies has submitted its 9th Annual Report along with the Notice of Annual General Meeting for FY 2025-26. On a consolidated basis, revenue from operations grew 58.60% YoY to ₹9,196.97 Lakhs (₹91.97 Cr) compared to ₹5,798.83 Lakhs in FY 2024-25. The company turned profitable at the consolidated level with a Net Profit of ₹20.55 Lakhs versus a net loss of ₹95.55 Lakhs in the prior year. The board recommended no dividend for FY 2025-26 to conserve capital.

Consolidated revenue from operations rose 58.60% YoY to ₹9,196.97 Lakhs for FY 2025-26
Consolidated Net Profit stood at ₹20.55 Lakhs compared to a loss of ₹95.55 Lakhs in FY 2024-25
Standalone revenue from operations dropped 71.82% YoY to ₹1,098.73 Lakhs from ₹3,899.75 Lakhs
Total IPO proceeds of ₹1,284.89 Lakhs have been substantially deployed with no deviations reported

💡 Track voting results from the upcoming AGM and monitor subsequent quarterly earnings for revenue and margin sustainability.

Ahasolar Technologies Schedules 9th AGM for Sept 28, 2026; Proposes Director Appointments

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 31 Aug 2026, 04:24 PM

Ahasolar Technologies Limited has issued the notice for its 9th Annual General Meeting (AGM) scheduled for Monday, September 28, 2026, via video conferencing. The agenda includes standard adoption of audited FY2025-26 financials, re-appointment of retiring director Mr. Shatrughan Harinarayan Yadav, and the appointment of Mr. Dinesh Shah as a Non-Executive Independent Director for a 5-year term ending March 4, 2031. The filing is procedural in nature and presents no operational or commercial surprises.

9th Annual General Meeting scheduled for Monday, September 28, 2026 at 11:00 AM IST via VC/OAVM
Special Resolution proposed to appoint Mr. Dinesh Shah as Independent Director for a 5-year term (March 5, 2026 to March 4, 2031)
Ordinary Resolution proposed for the re-appointment of Mr. Shatrughan Harinarayan Yadav, who holds 1,48,986 equity shares
Board recommends salary cap of up to Rs 110 Lakh per annum for the concerned executive director position

💡 Track shareholder voting results post-AGM on September 28, 2026, and look for upcoming H1 FY27 financial updates given the micro-cap size (Rs 22 Cr market cap).

Ahasolar Secures Consultancy Mandate for 600MW Solar & 1800MWh ESS Project from NLC India Renewables

🟢 POSITIVE ⭐ 6/10

OTHER 📅 31 Aug 2026, 11:24 AM

Ahasolar Technologies Limited has received a domestic work order from NLC India Renewables Limited. The mandate entails providing consultancy services for developing a 600MW Solar Power Project along with a 300MW/1800MWh Energy Storage System (ESS) in Rajasthan. The contract is scheduled to be executed over a period of 27 months. The total financial consideration of the order has been kept confidential.

Consultancy contract awarded for 600MW Solar Power Project in Rajasthan
Scope includes a 300MW/1800MWh Energy Storage System (ESS)
Awarding client is NLC India Renewables Limited
Execution timeline spanning 27 Months
Contract value marked as Confidential

💡 Track execution progress and subsequent quarterly earnings to evaluate revenue contribution from this 27-month consultancy contract.

Ahasolar Technologies Announces Book Closure from Sep 22 to Sep 28, 2026 for 9th AGM

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 25 Aug 2026, 11:47 AM

Ahasolar Technologies Ltd has intimated the closure of its Register of Members and Share Transfer Books from September 22, 2026, to September 28, 2026 (both days inclusive). The closure is scheduled to determine shareholder voting eligibility for the upcoming 9th Annual General Meeting (AGM). This is a routine administrative filing under Regulation 42 of SEBI LODR Regulations, 2015, with no financial or operational impact.

Book closure begins on Tuesday, 22nd September, 2026
Book closure ends on Monday, 28th September, 2026 (both days inclusive)
Closure is to determine eligible voting members for the 09th AGM of the company

💡 Shareholders looking to vote at the 9th AGM should ensure their shareholdings are credited before the closure period. Watch for the AGM notice detailing proposed resolutions.

Ahasolar Sets Sept 21, 2026 As E-Voting Cut-Off Date For 9th AGM

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 25 Aug 2026, 11:43 AM

Ahasolar Technologies Limited has announced a cut-off date of September 21, 2026, to determine shareholder entitlement for e-voting. The company's 9th Annual General Meeting (AGM) is scheduled to be held on Monday, September 28, 2026. The full AGM notice containing resolutions and business items will be circulated in due course. This is a standard annual statutory compliance filing with no impact on business operations or financials.

Cut-off date for e-voting entitlement fixed as September 21, 2026
9th Annual General Meeting scheduled for Monday, September 28, 2026
Notice of the AGM to be dispatched separately to shareholders

💡 Shareholders holding shares as of September 21, 2026, can review the upcoming AGM notice for voting resolutions and corporate governance matters.

Ahasolar Technologies Schedules 9th AGM for Sept 28, 2026; Approves Director Appointment

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 25 Aug 2026, 11:34 AM

Ahasolar Technologies has scheduled its 9th Annual General Meeting (AGM) for Monday, September 28, 2026, via Video Conferencing. The Board approved the Directors' Report for FY26 and recommended the regularization of Mr. Dinesh Shah as a Non-Executive Independent Director. The cut-off date for AGM voting eligibility is set as September 21, 2026, with the register of members closed from September 22 to September 28, 2026.

9th Annual General Meeting scheduled for September 28, 2026, via Video Conferencing
Cut-off date for e-voting eligibility set for September 21, 2026
Book closure fixed from September 22, 2026, to September 28, 2026 (both days inclusive)
Recommended regularizing the appointment of Mr. Dinesh Shah (DIN: 02325648) as Non-Executive Independent Director

💡 Shareholders holding shares as of September 21, 2026, are eligible to vote on AGM resolutions. Track the AGM voting outcome for formal director approval.

Ahasolar Technologies Schedules Board Meeting on Aug 25, 2026 to Approve 9th AGM Notice

🟡 NEUTRAL ⭐ 2/10

BOARD_MEETING 📅 17 Aug 2026, 03:16 PM

Ahasolar Technologies has scheduled a meeting of its Board of Directors on Tuesday, August 25, 2026. The board will consider and approve the draft Directors' Report and the notice calling the 9th Annual General Meeting (AGM). Additionally, the board will consider recommending the regularization of Mr. Dinesh Shah (DIN: 02325648) as a Non-Executive Independent Director and appointing M/s. Mukesh H Shah & Co. as the e-voting scrutinizer.

Board meeting scheduled for Tuesday, August 25, 2026
Approval of draft Directors' Report and notice for the upcoming 9th AGM
Proposal to recommend regularization of Mr. Dinesh Shah (DIN: 02325648) as Non-Executive Independent Director
Appointment of M/s. Mukesh H Shah & Co. as remote e-voting scrutinizer for the 9th AGM

💡 Track the outcome of the August 25, 2026 board meeting and review the upcoming Annual Report and 9th AGM disclosures for strategic updates.

Ahasolar wins consultancy order from NLC India Renewables for 275 MW BESS and Solar Projects

🟢 POSITIVE ⭐ 6/10

OTHER 📅 17 Aug 2026, 11:57 AM

AHAsolar Technologies Limited has secured a domestic work order from NLC India Renewables Limited to provide consultancy services. The project scope covers a 250MW/500MWh BESS project, a 50 MW solar project in Mine-II, and a 25MW/150MWh BESS project located in Neyveli. The execution timeline for the contract is 18 months, though the total order value has been marked confidential.

Consultancy mandate for 250MW/500MWh BESS project and 25MW/150MWh BESS project in Neyveli
Advisory scope includes a 50 MW Solar Project in Mine-II
Execution timeline specified as 18 Months
Order value marked as confidential by the company

💡 Track execution milestones and revenue contributions from consulting services in upcoming quarterly results over the 18-month timeframe.

Ahasolar Secures 6-Month Rooftop Solar Awareness Order from BSES Rajdhani Power

🟢 POSITIVE ⭐ 5/10

OTHER 📅 14 Aug 2026, 05:01 PM

AHAsolar Technologies Limited has received a domestic consultancy work order from BSES Rajdhani Power Limited. The order entails executing a Door-to-Door (D2D) awareness campaign for rooftop solar under the PM Surya Ghar: Muft Bijli Yojana scheme. The project execution timeline is set for 6 months. The commercial consideration and contract value have been kept confidential by the company.

Work order awarded by power distribution utility BSES Rajdhani Power Limited
Scope covers Door to Door (D2D) awareness campaign under PM Surya Ghar: Muft Bijli Yojana
Execution timeline specified as 6 Months
Contract value marked as confidential, awarded under regular commercial terms

💡 Track execution progress and sequential revenue impact in quarterly earnings over the next 6-month delivery window.

Ahasolar Technologies wins consultancy order from International Solar Alliance for Ghana & Tanzania

🟢 POSITIVE ⭐ 6/10

OTHER 📅 12 Aug 2026, 02:47 PM

Ahasolar Technologies Ltd has secured a work order from the International Solar Alliance (ISA) for consultancy services. The project involves developing an Enterprise Incubation Framework to promote solar energy uptake in Ghana and Tanzania. The execution period is set for 7 months, though the specific order value has been kept confidential by the company. Given the company's small market capitalization of Rs 25 Cr and recent revenue volatility (FY26 revenue of Rs 10.99 Cr vs FY25 of Rs 39.0 Cr), international mandates from global bodies like ISA are noteworthy for business development.

Order awarded by the International Solar Alliance (ISA) for consultancy services.
Project scope covers solar energy incubation frameworks in Ghana and Tanzania.
Execution timeline is fixed at 7 months.
Company TTM revenue stands at Rs 50 Cr against a market cap of Rs 25 Cr.

💡 Watch for the impact on the consultancy segment's margins in the next two quarterly filings, as the order value is currently undisclosed.

24-Month Consultancy Order Secured by Ahasolar Technologies from GIZ; Value Confidential

🟡 NEUTRAL ⭐ 4/10

OTHER 📅 11 Aug 2026, 02:42 PM

Ahasolar Technologies has received a work order from the international entity Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH. The contract involves consultancy services for Agrivoltaics, specifically focusing on training and awareness for the private and public sectors. The execution period is set for 24 months, providing medium-term revenue visibility. However, the specific order value has been kept confidential by the company, making it difficult to assess the immediate impact on its Rs 50 Cr TTM revenue.

Work order received from international entity GIZ GmbH for consultancy services.
Project execution timeline is defined as 24 months.
Scope includes Agrivoltaics training and awareness raising for both public and private sectors.
Order value is explicitly stated as 'Confidential' in the regulatory filing.

💡 Monitor the company's quarterly service revenue over the next 8 quarters to estimate the financial contribution of this contract, as the value was not disclosed.

₹35 Lakh+ Order from Coal India for 187.5 MW BESS Consultancy

🟢 POSITIVE ⭐ 5/10

ROUTINE 📅 17 Jul 2026, 04:27 PM

Ahasolar Technologies has secured a consultancy contract from Coal India Limited for a 187.5 MW/750 MWh Battery Energy Storage System (BESS) project in Telangana. The company will serve as the Owner's Engineer-cum-Engineering Consultancy Firm, providing both pre-award and post-award services. The contract is valued at more than ₹35 lakhs and is expected to be executed over a 15-month period. While the contract value is relatively small, the project involves a significant BESS capacity, showcasing the company's technical expertise in specialized renewable energy segments.

Order value is specified as more than ₹35 lakhs for consultancy services.
Project involves a large-scale 187.5 MW/750 MWh Battery Energy Storage System (BESS).
Execution timeline for the consultancy services is set at 15 months.
Client is Coal India Limited, a major domestic Public Sector Undertaking (PSU).
Scope includes both pre-award and post-award engineering services for the EPC of the project.

💡 Investors should monitor the company's execution of this 15-month contract and look for whether this technical expertise leads to larger-scale consultancy or software orders in the BESS sector.

₹7+ Cr Order Win for Ahasolar Technologies for Renewable Energy Portal Development

🟢 POSITIVE ⭐ 7/10

EXPANSION 📅 16 Jul 2026, 10:38 AM

Ahasolar Technologies has secured a significant consultancy contract from PDCOR Limited for the development of a Unified Single Window Renewable Energy Portal. The contract is valued at more than ₹7 Crores and will be executed over a 48-month period. This long-term engagement provides revenue visibility for the next four years in the company's core solar software and advisory segment. The project involves providing end-to-end professional assistance for the digital infrastructure of renewable energy.

Total order value is confirmed at more than ₹7 Crores
Execution timeline is set for a duration of 48 months
Contract awarded by PDCOR Limited, a domestic entity
Scope includes end-to-end consultancy for a Unified Single Window Renewable Energy Portal
The order falls under the company's consultancy and solar software business vertical

💡 Investors should monitor the company's quarterly execution progress, as the ₹7 Cr revenue will likely be recognized over 16 quarters. Watch for any further digital infrastructure contracts from state or central renewable energy agencies.

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