Year ended 31 March, 2025 along with the Auditor’s Report on the aforesaid financial. results for the quarter…
As filed · Updates
What happened
Factyear ended 31 March, 2025 along with the Auditor’s Report on the aforesaid financial. results for the quarter and year ended 31°* March,2025 with qualified opinion.
Why it matters
CapitSignal interpretationA qualification means the auditor could not sign off on part of the accounts, so the reported figures are not fully attested.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Order Book
WithdrawnBid book is around 85 MW.
we are expecting that orders or allocation to come in next one month.
Change
FactImplication
CapitSignal interpretationOrder Book
Withdrawnthe maximum allowed was 50 MW and we bid for 50 MW in some states we are L1 and some states we are L2, and some states we are L3 and some states we are also L4.
we are expecting SECI order in next one month.
Change
FactImplication
CapitSignal interpretationMargins
Revisedour EPC business give an EBITDA of around 9% to 10% and the rooftop and power business give an EBITDA of somewhere between 15% to 17%.
we have an EBITDA margin of around 14%.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Which line items the qualification covers
- Management's response to the qualification
- Whether it recurs in the next audited period
- Government of India has a target of putting up 100 gigawatt of solar power plant by 2022 out of that 40 GW has (management committed by FY22)
- we are expecting some allocation in one month’s time. (management committed by Q2 FY18)
Evidence
- Ujaas Energy Limited has informed the Exchange regarding 'financial results for the period ended 31-Mar-2025 in Machine Readable Form / Legible copy'.(opens the original filing in a new tab)
- Earlier statement · Q1 FY18
- Latest statement · Q1 FY18
- Earlier statement · Q1 FY18
- Latest statement · Q1 FY18
- Earlier statement · Q1 FY18
- Latest statement · Q1 FY18
How CapitSignal classified this
- Reasoning:
- AUDITOR_QUALIFICATION base 80; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%