| P&L Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 1731 | 6172 | 6477 | 21209 |
| Cost of Material Consumed | 1466 | 5743 | 4968 | 17501 |
| Change in Inventory | 0 | 0 | 0 | 0 |
| Gross Margins | 15.31 | 6.95 | 23.3 | 17.48 |
| Employee Benefit Expenses | 134 | 187 | 233 | 466 |
| Other Expenses | 36 | 74 | 729 | 404 |
| EBITDA | 95 | 168 | 547 | 2838 |
| OPM | 5.49 | 2.72 | 8.45 | 13.38 |
| Other Income | 0.2 | 0 | 3 | 206 |
| Finance Cost | 6 | 26 | 43 | 182 |
| D&A | 11 | 12 | 8 | 30 |
| EBIT | 84 | 156 | 539 | 2808 |
| EBIT Margins | 4.85 | 2.53 | 8.32 | 13.24 |
| PBT | 79.5 | 129 | 499 | 2832 |
| PBT Margins | 4.59 | 2.09 | 7.7 | 13.35 |
| Tax | 21 | 36 | 153 | 825 |
| PAT | 58.5 | 93 | 346 | 2007 |
| NPM | 3.38 | 1.51 | 5.34 | 9.46 |
| EPS | 153.95 | 244.74 | 10.03 | 46.78 |
| Financial Ratios | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating Profit Margin | 5.49 | 2.72 | 8.45 | 13.38 |
| Net Profit Margin | 3.38 | 1.51 | 5.34 | 9.46 |
| Earning Per Share (Diluted) | 153.95 | 244.74 | 10.03 | 46.78 |
| Assets | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Fixed Assets | 32 | 26 | 24 | 330 |
| CWIP | 0 | 0 | 0 | 46 |
| Investments | 0 | 0 | 0 | 451 |
| Trade Receivables | 977 | 1165 | 4050 | 5542 |
| Inventory | 0 | 0 | 305 | 0 |
| Other Assets | 27 | 819 | 873 | 6774 |
| Total Assets | 1036 | 2010 | 5252 | 13143 |
| Liabilities | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Share Capital | 3.8 | 3.8 | 345 | 429 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 262 | 355 | 359 | 5460 |
| Borrowings | 160 | 371 | 585 | 4779 |
| Trade Payables | 514 | 1183 | 3404 | 1176 |
| Other Liabilities | 96.2 | 97.2 | 559 | 1299 |
| Total Liabilities | 1036 | 2010 | 5252 | 13143 |
| Cash-Flow Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| PBT | 79.5 | 123 | 499 | 2832 |
| OPBWC | 96 | 167 | 562 | 2804 |
| Change in Receivables | -24 | -409 | -2885 | -1493 |
| Change in Inventories | 0 | 0 | -305 | 305 |
| Change in Payables | 204 | 669 | 2221 | -2228 |
| Other Changes | -263 | -585 | 574 | -1011 |
| Working Capital Change | -83 | -325 | -395 | -4427 |
| Cash Generated From Operations | 13 | -158 | 167 | -1623 |
| Tax | -16.5 | -19 | -37 | -392 |
| Cash Flow From Operations | -3.5 | -177 | 130 | -2015 |
| Purchase of PPE | -41 | -6 | -6 | -381 |
| Sale of PPE | 0 | 0 | 0 | 0 |
| Cash Flow From Investment | -41 | -11 | -248 | -4394 |
| Borrowing | 48 | 210 | 215 | 4194 |
| Dividend | 0 | 0 | 0 | 0 |
| Equity | 0 | 0 | 0 | 3176.5 |
| Others From Financing | -6 | -26 | 179 | -348.5 |
| Cash Flow from Financing | 42 | 184 | 394 | 7022 |
| Net Cash Generated | -2.5 | -4 | 276 | 713 |
| Cash at the Start | 13 | 8 | 4 | 280 |
| Cash at the End | 10.5 | 4 | 280 | 893 |
GH2 Solar Limited is an emerging player in India’s renewable energy ecosystem, focusing on the development and manufacturing of solar energy solutions with an emphasis on high-efficiency technologies. The company operates with a clear vision to support India’s transition toward sustainable, clean, and affordable power generation. GH2 Solar is engaged in producing solar modules, solar power systems, and integrated energy solutions suitable for residential, commercial, and industrial applications. With rising demand for decentralized energy systems and a government-backed push toward renewable energy adoption, the company has positioned itself to capitalize on long-term industry growth. Its commitment to quality, technological innovation, and sustainable practices underpins its growing reputation within the clean energy sector.
GH2 Solar Limited benefits from advanced manufacturing capabilities supported by modern equipment, strong engineering expertise, and adherence to global quality standards. The company focuses on delivering solar solutions that offer high conversion efficiency, long-term durability, and optimized performance across diverse climatic conditions. Beyond manufacturing, GH2 Solar is involved in turnkey EPC (Engineering, Procurement & Construction) services, providing end-to-end project execution for rooftop and ground-mounted solar installations. By integrating design, module production, installation, and maintenance under one umbrella, the company ensures reliability and value for customers. Additionally, GH2 Solar continually invests in research and product development, especially in next-generation solar technologies that enhance energy output and reduce lifecycle costs.
GH2 Solar Limited’s unlisted shares are increasingly attracting investor interest due to the sector’s promising future and India’s ambitious renewable energy targets. With growing demand for solar installations across urban and rural markets, companies like GH2 Solar are well-positioned to benefit from expanding market opportunities. Unlisted shares, however, typically involve lower liquidity and require careful financial and operational evaluation. Investors considering GH2 Solar may view it as a strategic opportunity within the rapidly evolving clean energy landscape, especially as solar adoption accelerates across industries. Nevertheless, thorough due diligence—covering financial health, project pipelines, manufacturing capacity, and competitive positioning—is essential before making any investment decision.
Q:1 How do I confirm my booking for GH2 Solar Limited shares?
Answer: You can confirm your booking by contacting us and providing the trading price for the shares you wish to purchase.
Q:2 What documents do I need to provide for buying GH2 Solar Limited shares?Answer: You need to provide your client master report, PAN Card, and a Cancelled Cheque.If you do not have a client master report, please ask your broker for assistance.
Q:3 Are there any KYC requirements for purchasing shares?Answer: Yes, KYC documents are required as per SEBI regulations, which include your client master report, PAN Card, and a Cancelled Cheque.
Q:4 How will I receive the bank details for the fund transfer?
Answer: We will provide you with the necessary bank details once you confirm your booking for the shares.
Q:5 What methods of payment are accepted for buying shares?Answer: Payments can be made through RTGS, NEFT, IMPS, or cheque transfer.Please note that cash deposits are not accepted.
Q:6 Can I transfer funds from a different bank account than the one mentioned in my client master report?Answer: No, payments must be made from the same account in which you want the shares to be credited.
Q:7 Is there a specific trading price for GH2 Solar Limited shares?
Answer: Yes, the trading price will vary, and you need to confirm the price at the time of booking with us.
Q:8 What happens if I do not have a Cancelled Cheque?
Answer: If you do not have a Cancelled Cheque, you will need to arrange for one as it is a required KYC document for the transaction.