शुभ दीपावलीDiwali offer: 3 months free on yearly plans · ends 11 NovSee plans

This filing is part of the company’s quarterly result. Read the full results article, with every figure explained →

BSECitizen Solar LimitedHighNeutral
Announced Mon, 2 Nov, 2026 · 18:53 IST

Standalone September quarter results approved; merger restatement, negative cash flow and high debt

Emphasis of matterResults restatedResults View source PDFExplain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+5.0%Reaction day
₹165.00
prior close
₹173.00
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+4.7% vs market

On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.1
10m
+0.1
15m
+0.1
30m
+0.1
Sessions after the filingfrom the prior close
StockMarketvs market
Reaction day
+5.0+0.3+4.7
Next day
+6.5+2.4+4.1
2d
+10.0+3.6+6.4
3d
+6.7pendingpending
4d
———
5d
———
1w
———
15d
———
1m
———
2m
———
3m
———
UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Standalone September 2026 quarter results were approved; no consolidated figures or revenue and profit comparison with September 2025 appear in the text. The unmodified review highlighted the April 2023 merger of Citizen Solar Private Limited and restatement of prior quarterly and half-year figures. Standalone half-year operating cash flow was negative 7,963.13 lakh. Equity was 5,743.29 lakh and borrowings 9,960.89 lakh, so debt exceeded equity.

Likely market impact

Borrowings exceed equity and operating cash flow is negative, raising financial risk; the review was unmodified, but the merger complicates comparisons.

By the numbersStandalone · Q2 FY27

The company's XBRL figures for this quarter look filed in the wrong unit: revenue reads ₹99.36 Cr against ₹3.10 Cr a year ago, about 32× larger. A move that size is almost always a wrong unit, not a business, so nothing is computed from these figures and no number-based tags are set; the read above is the AI's, from the document.