GH2 Solar Limited Unlisted Shares
Industry: Solar energy | Sector: Energy
Depository: NSDL, CDSL
₹ 304.50
GH2 Solar Limited Unlisted Shares
Industry: Solar energy | Sector: Energy | Depository: NSDL, CDSL
₹ 304.50
Key Indicators
| Key Indicators | 2025 |
|---|---|
| Current Share Price | 304.50 |
| Face Value | Share | 10.00 |
| Book Value | Share | 137.30 |
| Price To Earning (PE) | 5.30 |
| Price | Sales | 0.50 |
| Price | Book | 1.90 |
| Outstanding Shares (Crores) | 0.43 |
| Market Cap (Rs. Crores) | 113.69 |
| Debt | Equity | 1.20 |
| Dividend | Share | 0.0% |
| Dividend % (On Current Market Price) | 0.00 |
| Return on Total Assets | 15.3% |
| Return on Equity | 34.1% |
| Return on Working Capital | 23.2% |
* Ratio is calculated based on latest financial & current share price.
About The Company
GH2 Solar Limited (GSL) is engaged in solar EPC, C&I open access, green hydrogen production, and electrolyzer manufacturing activities. It delivers solar energy solutions for commercial and industrial clients across India, from on-site solar EPC to open access and RESCO (PPA) models. As per its credit rating, is engaged in the business of manufacturing a hydrogen electrolyser for the production of green hydrogen. The company is setting up a green hydrogen electrolyser manufacturing facility in Gwalior, Madhya Pradesh, with an annual manufacturing capacity of
Pricing Trend
Financial Summary
Revenue Growth %
EBITDA Margin %
NET Margin %
Profit & Loss Summary
(All Amount in ₹ Crores)
| PROFIT & LOSS | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 214.1 | 64.8 | 61.7 |
| Expense | 183.7 | 59.3 | 60.0 |
| EBITDA | 30.4 | 5.5 | 1.7 |
| Other Cost | 2.1 | 0.5 | 0.4 |
| Profit Before Taxes | 28.3 | 5.0 | 1.3 |
| Tax Expense | 8.2 | 1.5 | 0.4 |
| Profit after Taxes | 20.1 | 3.5 | 0.9 |
| Other Income | Exp. | 0.0 | 0.0 | 0.0 |
| Income (Net Of Taxes) | 20.1 | 3.5 | 0.9 |
| Outstanding Share | 0.4 | 0.3 | 0.0 |
| Earning per Share (Rs | Share) | 50.22 | 10.01 | 245.75 |
| Revenue Growth % | 230.4% | 5% | - |
| EBITDA Margin % | 14.2% | 8.5% | 2.8% |
| Net Margin % | 9.4% | 5.4% | 1.5% |
| Earning per Share Growth % | 401.7% | -95.9% | - |
Balance Sheet
(All Amount in ₹ Crores)
| Balance Sheet | 2025 | 2024 | 2023 |
|---|---|---|---|
| Cash & Cash Equivalent | 5.2 | 2.8 | 0.1 |
| Non Current Asset | 48.2 | 2.8 | 0.3 |
| Current Asset | 78.0 | 46.9 | 19.7 |
| Total Asset | 131.4 | 52.5 | 20.1 |
| Equity Share Capital | 4.3 | 3.5 | 0.0 |
| Reserves | 54.6 | 5.8 | 3.6 |
| Total Equity | 58.9 | 9.3 | 3.6 |
| Non Current Liability | 0.3 | 3.0 | 0.8 |
| Current Liability | 72.2 | 40.2 | 15.8 |
| Total Liabilities | 72.5 | 43.2 | 16.5 |
| Total Equity & Liability | 131.4 | 52.5 | 20.1 |
Cash Flow Summary
(All Amount in ₹ Crores)
| CASH FLOW SUMMARY | 2025 | 2024 | 2023 |
|---|---|---|---|
| Operating Activity | -20.2 | 1.3 | -1.8 |
| Investing Activity | -43.9 | -2.5 | -0.1 |
| Financing Activity | 70.2 | 3.9 | 1.8 |
| Net Cash Flow | 6.1 | 2.8 | 0.0 |
Share Holding
Registered Address
ISIN: INE1FAE01019
PAN: AALCA4806G
Unit no 1, Plot no 2, DDA Building District Centre, Nehru Place, New Delhi, 110019
RTA: bigshare services pvt ltd
Management
Anurag Jain
founder & ceo
Kapil Agrawal
chief financial officer
Anuj Mathur
head of green hydrogen
Aditi Jain
whole-time director
Download Financial Result
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About GH2 Solar Limited Unlisted Shares
GH2 Solar Limited (GSL) is engaged in solar EPC, C&I open access, green hydrogen production, and electrolyser manufacturing activities. It delivers solar energy solutions for commercial and industrial clients across India.
GH2 Solar Core Business Segments
GH2 Solar’s operations are built around multiple business segments that are connected to each othe...
