Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · Citizen Solar Limited · 29 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
Citizen Solar Limited BSE: 538786
Citizen Solar Limited
StateQ4 FY26 filed
Last close · 28 Oct 2026₹166.00
Market cap₹0.2k cr
TTM P/E · P/B · EV/EBITDA15.8 · 5.57 · 20.4
Citizen Solar Limited is a listed company. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
₹ crore · standalone
FY22
FY23
FY24
FY25
FY26
Revenue
1
2
4
4
311
EBITDA (ex other income)
(1)
(0)
(0)
(0)
33
margin %
(107.4)
(13.5)
(9.5)
(8.1)
10.7
Owners' profit
(0)
0
0
0
22
EPS, as reported (₹)
(0.12)
0.02
0.02
0.06
15.97
ROE % · ROCE %
(1.4) · (1.4)
0.2 · 0.2
0.2 · 0.2
0.7 · 0.9
52.6 · 27.6
Debt / equity (x)
0.00
0.00
0.00
0.00
2.53
Cash from operations
(0)
0
(0)
0
21
Capex
—
0
0
0
(23)
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · Citizen Solar Limited · 29 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
₹ crore
Q1 FY25
Q2 FY25
Q3 FY25
Q4 FY25
Q1 FY26
Q2 FY26
Q3 FY26
Q4 FY26
Revenue
1
2
1
1
1
3
0
110
Profit before tax
0
0
0
0
0
0
(0)
16
Net profit
0
0
0
(0)
0
0
(0)
14
EPS (₹)
0.05
0.02
0.02
0.00
0.05
0.62
(0.17)
9.98
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · Citizen Solar Limited · 29 October 2026Page 3 of 3
Exhibit 3: Filings of the last 90 days, with the measured price reaction
Date · filing
Category
Importance
Next day %
5-day %
22 Oct 2026 · Board to approve September 2026 quarterly and half-year results
results
low
—
—
8 Oct 2026 · RTA submits quarterly dematerialisation confirmation certificate
22 Sept 2026 · Citizen Solar 32nd AGM: All 8 resolutions passed with 100% approval
compliance
minimal
—
—
21 Sept 2026 · 32nd AGM proceedings held on Sep 21, 2026; 8 resolutions transacted
board shareholder meetings
low
—
—
27 Aug 2026 · 32nd AGM on Sept 21, 2026; FY26 Annual Report submitted to BSE
board shareholder meetings
low
—
—
26 Aug 2026 · Citizen Solar to hold 32nd AGM on 21 Sep 2026 via video conferencing
compliance
minimal
—
—
25 Aug 2026 · 32nd AGM on 21st September 2026, book closure from 15th to 21st September
board shareholder meetings
low
—
—
24 Aug 2026 · Record date 14 Sept 2026 and book closure for 32nd AGM
board shareholder meetings
low
—
—
24 Aug 2026 · Book closure Sept 15 to 21 for Citizen Solar 32nd AGM
board shareholder meetings
low
—
—
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
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A rating (BUY / ADD / REDUCE / SELL)
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Estimate years marked E
More audited years; no estimates
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Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
