ALFA Finder| Revenue growth | 216.7% YoY to INR 1,387Mn |
|---|---|
| Margins | EBITDA 9.52% vs 13.01% YoY; PAT 6.56% vs 9.13%; H2-FY26 EBITDA 13.40% |
| Order book | INR 2,203Mn incl. GST as of 31-Oct-2026 |
| Demand visibility | Order book INR 2,203Mn; 97.2+MW pipeline for 6-12 months |
| Management confidence | Positive; calls large order 'landmark', enables bigger tenders |
Growth
Revenue +216.7% YoY, EBITDA +131.6%, PAT +127.5%. 3-year CAGR: revenue 33%, EBITDA 131%, PAT 147%.
Outlook
No numeric guidance given. Strategy: BESS and hybrid systems, expansion beyond Gujarat, utility-scale via GRE Green.
Risks
Margin compression: 48% of H1 revenue from one 50MW AC EPC project executed at lower margins.
Investor Presentation filed with BSE, BSE: 544682. Summary written with AI assistance from the document.
GRE Renew Enertech Ltd: key numbers
- Share price
- ₹235.00
- Market cap
- ₹335.8 Cr
- Revenue (annual)
- ₹122.9 Cr
- Net profit (annual)
- ₹13.58 Cr
- P/E (TTM)
- 24.7×Sector 21.5×
- Promoter holding
- 68.59%-1.40% 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 GRE Renew Enertech Ltd
All →GRE Renew Enertech Bags ₹1.08 Cr Order from Agastya Nutrifood Industries LLP
GRE Renew Enertech bagged a Rs. 1.08 Crore order from Agastya Nutrifood to develop a 453.22 KWp rooftop solar plant in approximately 3 months.
- Value
- ₹1.08 Cr
- From
- Agastya Nutrifood Industries LLP
- Execution
- Approximately 3 Months
- rooftop solar capacity
- 453.22 KWp
GRE Renew Enertech Bags ₹0.43 Cr Order from Shakti Polypast
GRE Renew Enertech won a Rs. 0.43 Crore rooftop solar EPC contract from Shakti Polypast. The 150 kW (DC) project will be executed in approximately 3 months.
- Value
- ₹0.43 Cr
- From
- Shakti Polypast
- Execution
- Approximately 3 Months
- solar capacity
- 150 kW
GRE Renew Enertech Bags ₹1.5 Cr Order
GRE Renew Enertech received two rooftop solar EPC orders totalling ₹1.50 Crore for 603.22 KW capacity. Both projects carry a ~3-month execution timeline in the ordinary course of business.
- Value
- ₹1.50 Cr
- Execution
- Approximately 3 months
- rooftop solar EPC capacity
- 603.22 KW
GRE Renew Enertech Other Announcement
GRE Renew Enertech filed its Reg 32 quarterly statement on IPO proceeds utilisation. It reports a reallocation of funds from solar plant capex to general corporate purposes.
GRE Renew Enertech Adverse Business Impact
GRE Renew Enertech received Urjasol Energy's request to cancel a solar EPC purchase order. The company acknowledged the cancellation on 7 November 2026.
- From
- Urjasol Energy Private Limited
GRE Renew Enertech Management Change
GRE Renew Enertech appointed Alpeshkumar Laxmanji Agrawal as Chief Financial Officer with immediate effect from 6 November 2026. The board approved the appointment on remuneration terms.