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Earnings Call

Onix Solar Energy Earnings Call: Key Takeaways

Onix Solar Energy is scaling solar module manufacturing with a 1200MW capacity target. The company projects aggressive revenue growth reaching INR 1,471 Cr. by FY29.

Guidance and delivery
Management target Revenue 1004.5% FY27
Highlights
Revenue growthFY26: 157.75%, FY27P: 1004.5% projected growth.
MarginsEBITDA margins projected to normalize around 20-39% by FY29.
Demand visibilityStrong; driven by India's 35GW annual installation target.
Management confidenceHigh; focusing on domestic manufacturing and export potential.

Growth

Projected revenue grows from INR 29.81 Cr (FY25) to INR 1,004.50 Cr (FY27P). PAT margin stabilized at 21% by FY29.

Outlook

1200MW module capacity planned for FY27; diversifying into IPP (500MW) and Green Hydrogen by FY30.

Risks

Exposed to global trade shifts, Chinese competition, and heavy reliance on government policy support (BCD/ALMM).

Source

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

Read the document ↗

Onix Solar Energy Ltd: key numbers

Share price
₹337.25
Market cap
₹1,243 Cr
Revenue (annual)
₹240.8 Cr
Net profit (annual)
₹52.54 Cr
P/E (TTM)
18.8×Sector 41.4×
Promoter holding
50.22%-24.76% QoQ
FII holding
0.00%Current quarter

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

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Annual Report

Onix Solar Energy Annual Report

Onix Solar Energy Limited has submitted its 46th Annual Report for the financial year ended March 31, 2026, to the BSE. The report documents the company's annual operational and financial performance.

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Annual General Meeting

Onix Solar Energy Annual General Meeting

Onix Solar Energy's 46th AGM is scheduled for September 30, 2026 via VC/OAVM. Book closure runs September 24–30 with remote e-voting from September 26–29.

11:44 IST BSE
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Onix Solar Energy Board Meeting Outcome

Onix Solar Energy's Board approved convening its 46th AGM on 30 Sept 2026 and reviewed auditor inputs on FY26 financial statements. No dividend, fund raise or material transaction was announced.