ALFA Finder| 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
- ₹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 The company confirmed no unpublished material information requiring disclosure.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.