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Earnings Call

Australian Premium Solar (India) Earnings Call: Key Takeaways

APS reported robust FY26 growth, doubling manufacturing capacity to 800MW. Strategy shifts toward BESS and EPC over solar cell manufacturing for higher margins and risk management.

Why this was an Alfa AlertManagement confirmed achieving 60.7% revenue growth against a prior 40% guidance, representing a 51.7% beat over the guided target.
Highlights
Revenue growth60.7% YoY for FY26; 30-35% guided for FY27.
MarginsExpect slightly better margins in FY27 due to price revisions.
Order bookCurrent order book at ~₹220cr including ₹150cr from solar pumps.
Demand visibilityStrong traction in solar pumps via PM-KUSUM and rural adoption.
Management confidenceHigh; emphasizing financial discipline and 30% net asset growth target.

Growth

FY26 Revenue grew 60.7% YoY to ₹708.74cr; PAT rose 44.3% to ₹57.87cr. EBITDA margins improved to 13.49%.

Outlook

FY27 guidance: 30-35% revenue growth. 400MW Topcon line operational Aug 2026. 1GWh BESS assembly planned.

Risks

Working capital pressure from solar pump cycle (90-120 days); raw material price volatility (glass/aluminum/silver) impacting margins.

Source

Earnings Call filed with NSE, NSE: APS. Summary written with AI assistance from the document.

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Australian Premium Solar (India) Ltd: key numbers

Share price
₹235.35
Market cap
₹472.8 Cr
Revenue (annual)
₹689.0 Cr
Net profit (annual)
₹56.52 Cr
P/E (TTM)
8.4×Sector 25.1×
Promoter holding
72.62%+0.00% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Australian Premium Solar (India) Ltd

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16:55 IST NSE
Annual General Meeting

Australian Premium Solar (India) Annual General Meeting

Australian Premium Solar (India) Limited has filed its Annual Report and notice for the 13th Annual General Meeting scheduled for September 29, 2026.

10:49 IST NSE
Other Announcement

Australian Premium Solar (India) Other Announcement

Australian Premium Solar (India) Limited appointed M/s. Shah Samkit & Associates as Internal Auditors for FY 2026-27. This routine appointment follows Audit Committee recommendation.

Execution
FY 2026-27
10:46 IST NSE
Management Change

Australian Premium Solar (India) Management Change

Australian Premium Solar (India) Limited appointed M/s. Dharti Patel & Associates as Secretarial Auditor. The appointment spans five years from FY 2026-27 to FY 2030-31.

Execution
5 years
10:40 IST NSE
Board Meeting Outcome

Australian Premium Solar (India) Board Meeting Outcome

Australian Premium Solar (India) Limited appointed M/s. Dharti Patel & Associates as Secretarial Auditor and M/s. Shah Samkit & Associates as Internal Auditor for FY 2026-27.