Citizen Solar Ltd

538786·BSE·
₹160.40▼ -7.35 (-4.38%)
Market Cap225.25 Cr
PE Ratio10.04
Volume442
Day High - Low171.15 - 159.40
52W High-Low318.45 - 153.90

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.

DocStoX Score
5.3/10
Weak
Fair Value
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ROE
52.60%
Strong
P/E
10.04x
Cheap
Debt / Equity
2.53
High
Industry
Capital Goods
Other Electrical Equipment
Overall View
Mixed

Price performance

Day₹159.40
₹171.15
52W₹153.90
₹318.45
DocStoX take

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 confidence
5.3
/10
Weak
Quality
Solid
ROE 52.6%
Valuation
Fair
P/E 10.0×
Growth
Strong
Revenue +215.2% 5Y CAGR
Risk
Elevated
D/E 2.53
Momentum
Weak
4% of 52-week range

At a glance

Market Cap
₹225 Cr
52W High / Low
₹318 / ₹154
Dividend Yield
0.00%
Promoter Holding
53.49%
EPS (TTM)
₹15.97
Book Value
₹29.82

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
4 Positives4 Watchouts

Growth

Financials

Shareholding

Technicals

Peers

News

Forecasts

About the company

More data

Filings, corporate actions and ownership detail — opened on demand.

More Capital Goods stocks · Other Electrical Equipment

Citizen Solar Ltd peers in Capital Goods

Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.