Citizen Solar Ltd
Citizen Solar Ltd (538786): company summary
The company's business has improved significantly, with annual revenue rising 67.2% and annual net profit increasing 83.6%.
Citizen Solar Ltd (538786) is a micro-cap Capital Goods company valued at ₹225 crore operating in Other Electrical Equipment on the NSE and BSE.
- Recent price move
- Citizen Solar Ltd last traded at ₹160.4, down 4.38% on the day.
- Recent developments
- On 2026-06-30, the company reported revenue of ₹77 crore and net profit of ₹6 crore, marking a significant drop from the year-ago quarter. On 2026-03-31, the company reported revenue of ₹110 crore and net profit of ₹14 crore, showing a recovery from the previous quarter. On 2025-12-31, the company reported revenue of ₹0 crore and a net profit of ₹0 crore loss, indicating a severe downturn.
- Financial performance
- The company's business has improved significantly, with annual revenue rising 67.2% and annual net profit increasing 83.6%. However, the latest quarter shows a sharp decline, with revenue falling 29.4% and net profit dropping 62.0% compared to the same quarter a year earlier.
- Valuation multiples
- The stock trades at 10.0 times earnings, 6.66 times book value.
- Things to watch
- The company has a high debt to equity ratio of 2.52, indicating a highly leveraged position. The stock is 49.5% below its 52-week high, showing a significant decline from recent peak levels. The latest quarter net profit dropped 62.0%, highlighting a sharp decline in profitability.
- Where it stands
- The company has experienced strong annual growth in revenue and net profit, but the latest quarter shows a significant decline. The stock is 49.5% below its 52-week high, and the company has a high debt to equity ratio of 2.52. The latest quarter net profit dropped 62.0%.
Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
Price performance
Supported by growth (9.0) and valuation (7.3), but held back by momentum (0.0). Growth looks strong at 9.0, but that is offset by momentum at 0.0. We are calling it Mixed rather than resolving the conflict for you.
DocStoX score
Low confidenceAt a glance
Key highlights
- Revenue compounding 215% a year
- Strong returns on equity (53%)
- Undemanding at 10× earnings
- High leverage — debt is 2.5× equity
- Loss-making in some of the last 5 years
Growth
Financials
Technicals
Peers
News
Forecasts
About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
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Citizen Solar Ltd peers in Capital Goods
Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.
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