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Solex Energy reported exceptional FY26 results with 144% revenue growth, transitioning to an integrated clean energy firm with a major focus on N-type TOPCon modules and BESS.
Solex Energy Ltd reported revenue from operations of ₹885.5 Cr (+248.1% YoY) and net profit of ₹58.9 Cr (+290.1% YoY) for Q4 FY26.
Solex Energy Limited reported annual consolidated total income of ₹1,621.13 Crore for FY2026. The board also approved re-appointments of various auditors and directors.
Solex Energy approved the re-appointment of its Internal and Cost Auditors. The board also extended terms for Managing Director Chetan Shah and Executive Director Piyush Chandak.
Solex Energy reported a record FY26 revenue of ₹1,621.10 Crore, representing 143.9% year-on-year growth. The company achieved a standout PAT of ₹98.3 Crore.
Solex Energy reports 143.9% YoY revenue growth in FY26, transitioning to a fully integrated solar player with strategic focus on TOPCon modules and large-scale EPC.
Solex Energy Limited scheduled a board meeting on May 16, 2026, to approve audited quarterly and annual financial results. The trading window remains closed until May 18.
Solex Energy reported FY26 revenue of ₹1618.06 Crore, surpassing a major milestone. Quarterly revenue grew 247.1% YoY, driven by strong EPC project execution and high-efficiency module demand.
Solex Energy signed a ₹4,000 Crore MoU with the Government of Gujarat to establish an integrated solar cell and BESS manufacturing ecosystem. The project includes a 5 GW solar cell facility and a 10 GW battery storage facility. This landmark investment supports India's clean energy transition and enhances the company's domestic manufacturing capabilities.
Solex Energy Limited signed an MoU with the Government of Gujarat to establish a 5 GW Solar Cell Manufacturing Plant and 10 GW BESS facility. The project has an estimated cost of ₹4,000 Crore. This strategic collaboration supports the company's long-term capacity expansion goals in the renewable energy sector.
Solex Energy Limited signed an MoU with the Government of Gujarat to establish a ₹4,000 Crore manufacturing hub. The project includes a 5 GW Solar PV Cell facility and a 10 GW Battery Energy Storage System (BESS) facility. The state government will facilitate land acquisition and necessary regulatory approvals for the multi-phase development.
Solex Energy Limited will showcase its advanced solar module technologies, including the Tapi RC, Tapi R, and Ganga Series, at the Renew X event in Chennai from April 27–29, 2026. The company aims to expand its footprint in South India's high-growth renewable energy market using its Industry 4.0-enabled 4 GW manufacturing facility.
Solex Energy Limited promoters entered into twelve share purchase agreements on April 17, 2026, for the inter se transfer of equity shares. These transactions aim for internal realignment of shareholding within the promoter group. The realignment does not impact the company's business operations or financial position.
Solex Energy Limited promoter Dr. Chetan Shah proposes to acquire 8,22,000 shares (7.61% stake) via an internal inter-se transfer from eight other promoters. The transaction, valued at ₹73.98 Crore at ₹900 per share, consolidates holdings within the promoter group while keeping total promoter shareholding unchanged.
Solex Energy Limited submitted its quarterly compliance certificate for the period ended March 31, 2026. The certificate, issued by KFin Technologies Limited, confirms that the company's entire shareholding is in electronic mode and no rematerialisation requests were received during the quarter.