ALFA Finder| 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
- ₹660.80
- Market cap
- ₹713.8 Cr
- Revenue (annual)
- ₹1,618 Cr
- Net profit (annual)
- ₹96.01 Cr
- P/E (TTM)
- 8.9×Sector 44.3×
- Promoter holding
- 66.15%+0.00% QoQ
- FII holding
- 0.32%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 Other Announcement
Solex Energy's RTA, KFin Technologies, is moving its corporate office from Gachibowli to Kokapet, Hyderabad, effective December 1, 2026. The registered office remains unchanged.
Solex Energy Price Movement Clarification
Solex Energy clarified to the exchange that no specific US market negotiations exist. The company confirmed no unpublished material information requiring disclosure.
Solex Energy Board Meeting Date
Solex Energy Limited has informed BSE of a board meeting on 6 November 2026 to consider unaudited standalone and consolidated quarterly results for the period ended September 2026. The trading window closes on 8 November 2026.
Solex Energy Product Launch
Solex Energy unveiled TAPI RQ, India's first N-Type Quarter Cell Solar Module, at REI 2026. The module offers up to 670 Wp output and 24.80% efficiency.
Solex Energy Convertible Warrants
Solex Energy's subsidiary, Solex New Energy Private Limited, approved the issuance of Compulsorily Convertible Debentures (CCDs) aggregating to ₹150 Crore, convertible into the holding company's shares.
- Value
- ₹150.0 Cr
Solex Energy Other Announcement
Solex Energy announced that the proposed Shareholders' Agreement among promoters was not executed within the stipulated tenure. The parties have decided not to proceed with it.