StockWatch
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Pharmaceuticals
Business Update15 Jun 2026, 09:53 am

Gujarat Inject Kerala Secures ₹14.49 Cr Solar Module Order

AI Summary

Gujarat Inject Kerala Limited (soon to be Regenova Renewtech Limited) has secured a purchase order worth approximately ₹14.49 crore (excluding GST) from Deon Energy Limited for 16,129 Solar PV Modules of 620 WP capacity. This order strengthens the company's position in the renewable energy sector and follows a period of strong financial performance, with FY26 revenue growing 91% YoY to ₹36.32 crore and net profit increasing 78% YoY to ₹1.81 crore. The company also reported a significant surge in Q4FY26 revenue to ₹30.70 crore from ₹4.24 crore in Q4FY25. The rebranding to Regenova Renewtech Limited reflects its strategic focus on renewable energy.

Key Highlights

  • Secured ₹14.49 crore order for Solar PV Modules from Deon Energy.
  • FY26 revenue grew 91% YoY to ₹36.32 crore; Net Profit up 78% YoY.
  • Q4FY26 revenue surged 7 times YoY to ₹30.70 crore.
  • Company is rebranding to Regenova Renewtech Limited.
  • Order reinforces presence in India's growing renewable energy market.