StockWatch
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Civil Construction
Quarterly Result30 Sept 2026, 07:10 pm

Solarworld Energy FY26 Revenue Surges 152.6% to ₹13,762 Mn

AI Summary

Solarworld Energy Solutions Limited reported a significant financial and business update for FY26, with revenue from operations soaring by 152.6% year-on-year to ₹13,762 million. Total income reached ₹14,161 million, EBITDA stood at ₹1,879 million, and profit after tax was ₹1,205 million, marking a 56.4% increase. Basic EPS was ₹14.95. The company's balance sheet as of March 31, 2026, shows a net worth of ₹8,478 million, a debt-to-equity ratio of 0.30x, and net cash of ₹3,165 million. Q1 FY27 performance saw revenue from operations at ₹1,684 million (up 146.8% YoY) and profit after tax of ₹95 million, though margins were impacted by higher input costs and rupee depreciation. The order book stands at ₹31,548 million as of September 30, 2026, with bids totaling ₹200,180 million. Expansion plans include a 2.4 GW solar cell line under execution and a proposed 50:50 joint venture with Rays Power Infra Limited for solar cell manufacturing.

Key Highlights

  • FY26 revenue grew 152.6% YoY to ₹13,762 Mn.
  • FY26 profit after tax increased 56.4% to ₹1,205 Mn.
  • Net cash position of ₹3,165 Mn as of March 31, 2026.
  • Order book stands at ₹31,548 Mn as of September 30, 2026.
  • Proposed 2.4 GW solar cell manufacturing JV with Rays Power Infra.