| Revenue growth | FY26 +144% YoY; Q4 FY26 +247.6% YoY. |
|---|---|
| Margins | FY26 EBITDA margin 11.5%; targeting 15% PAT for cell line. |
| Order book | Current visibility exceeds INR 34,000 million. |
| Demand visibility | Strong visibility with ₹34,000M order book; 50GW India BESS potential. |
| Management confidence | High; citing robust order book and successful technological transition. |
Growth
FY26 revenue hit ₹16,211M (+144% YoY); PAT surged 132.7% to ₹983M. Q4 revenue grew 247.6% YoY.
Outlook
FY27 revenue target ₹26,000M with 6-8% PAT margin. Capex for 2.2GW cell line by Q4 2027.
Risks
Geopolitical uncertainty impacting logistics costs and raw materials like EVA/silver; potential dollar-INR imbalances.
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.