Search for Stocks /

⚡ Ujaas Energy Ltd – Is This a Clean Energy Revival or a Bubble With Solar Panels?

Spotted a factual error — a wrong number, date, or fact? Tell us and we will check the source.

🔍 At a Glance

Once a rising star in the solar EPC space, Ujaas Energy is making headlines again with a near 300% stock rally in 3 years. But behind the scenes, sales have collapsed, and profits are sporadic at best. With working capital days of 828 and debtor days over 300, is this a revival or just another low-float momentum mirage?


🧱 Business Model – WTF Do They Even Do?

Ujaas operates in:

  • Solar Power Projects – EPC + O&M for third-party clients
  • ☀️ Own solar farms – Long-term PPA revenue
  • 🔌 Electric Vehicle products – Recent vertical, minimal details
  • 🏭 Solar product manufacturing – Panels, structures, inverters (small scale)

They were among India’s first listed pureplay solar companies but lost ground as competition surged and capex dried up.


📊 Financials Snapshot

MetricFY20FY21FY22FY23FY24FY25
Sales (₹ Cr)50.8835.0944.6730.1626.7326.94
Net Profit (₹ Cr)-13.35-30.43-109.7-18.0628.968.85
ROCE (%)-3.77-8.73-3.47-2.0114.0410.44
OPM (%)-16.2%-57.5%-4.9%9.2%-0.2%16.4%

🧠 Key Insight

Read Full 16 Point breakdown. Continue reading →
EduInvesting runs entirely on reader support — ₹360 a year keeps the lights on.
Become a member
Already a member? Log in
Read Full 16 Point breakdown. Continue reading →