| Revenue growth | 143.9% YoY for FY26; Q4 grew 178.6% QoQ. |
|---|---|
| Margins | EBITDA margin at 11.5% in FY26 vs 12.0% in FY25. |
| Order book | Exceeding ₹34,000 Mn as of March 31, 2026. |
| Demand visibility | Strong; backed by ₹34,000 Mn order book and ALMM certifications. |
| Management confidence | High; citing breakthrough year and inflection point for leadership. |
Growth
FY26 revenue hit ₹16,211 Mn (+143.9% YoY); PAT surged 132.7% to ₹983 Mn. Q4 revenue grew 247.6% YoY.
Outlook
Aims for ₹26,000 Mn revenue in FY27. Vision 2030 targets 10GW module/cell capacity with $1.5Bn investment.
Risks
Competitive global solar landscape and significant debt/equity mix required for ₹10,500 Mn cell manufacturing capex.
Earnings Call filed with NSE, NSE: SOLEX. Summary written with AI assistance from the document.
Solex Energy Ltd: key numbers
- Share price
- ₹705.20
- Market cap
- ₹761.8 Cr
- Revenue (annual)
- ₹1,618 Cr
- Net profit (annual)
- ₹96.01 Cr
- P/E (TTM)
- 9.5×Sector 45.9×
- Promoter holding
- 66.15%+0.00% QoQ
- FII holding
- 0.07%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Solex Energy Ltd
All →Solex Energy Business Update
Solex Energy outlined a ₹4,000 crore investment plan for solar cell and BESS capacity expansion. Targets 2.2 GW cell capacity by FY28 and ₹4,500 crore revenue potential.
- solar cell manufacturing capacity
- 2.2 GW
Solex Energy Annual General Meeting
Solex Energy Ltd filed proceedings of its 12th AGM held September 22, 2026. Key resolutions included FY26 financials adoption and Rs. 0.55 per share final dividend.
Solex Energy Board Meeting Outcome
Solex Energy recommended a dividend of Rs. 0.55 per share for FY26 and approved a proposal for listing on the BSE Mainboard.
Solex Energy Bags ₹74.77 Cr Order from Domestic entities
Solex Energy Limited has secured work orders worth ₹74.77 Crore from domestic entities. The contracts involve the manufacture and supply of Solar PV Modules by December 2026.
- Value
- ₹74.77 Cr
- From
- Domestic entities
- Execution
- By December 2026
Solex Energy Board Meeting Date
Solex Energy Limited has scheduled a board meeting for August 14, 2026. The board will consider and approve unaudited financial results for the quarter ended June 30, 2026.
Solex Energy Earnings Call Transcript: Key Takeaways
Solex Energy reported Q1 FY27 revenue of ₹265.6 Cr, up 1.8% YoY. Strategy focuses on H2-weighted utility-scale module supply and backward integration into cell manufacturing.