ALFA Finder| Revenue growth | Q2 +77% YoY; H1 +100% YoY |
|---|---|
| Margins | EBITDA margin 5.9% vs 12.8% YoY; Q1 was 11.6% |
| Order book | ₹38,569 Mn (31 Oct 2026): solar EPC ₹27,180 Mn, BESS ₹11,389 Mn |
| Demand visibility | Bids ₹200,180 Mn, over 6x order book |
Growth
Revenue from operations +77% YoY to ₹2,439.7 Mn; H1 +100% to ₹4,123.9 Mn. EBITDA -16% YoY; PAT -55%.
Outlook
Order book ₹38,569 Mn; 2.4 GW cell JV by June 2027; ₹12,711 Mn NTPC LOA awaited; ₹54,000 Mn revenue potential (management estimate).
Risks
Copper (+36%) and aluminium (+20%) inflation, new-entrant price pressure, EPC slowdown; borrowings up to ₹4,007 Mn from ₹2,555 Mn.
Last quarter's promises, checked
Delivered
- FY27 growth ~40-45% → H1 +100% YoY (= BEAT, H1 only)
- Order book ₹2,800 Cr → ₹3,857 Cr (₹38,569 Mn, 31 Oct) (= BEAT)
Partly delivered
- 1.2 GW cell line Jun-2027 → 2.4 GW cell JV by Jun-2027 (= PARTIAL: date held, scope doubled)
- FY27 ~₹2,000 Cr from ₹2,800 Cr book → H1 ₹412 Cr (= PARTIAL, H2-loaded)
Missed
- Overall margin 8-11% → EBITDA 5.9% in Q2 (= MISS)
- Sustain FY26 EBITDA 13.3% → 5.9% (= MISS)
Investor Presentation filed with NSE, NSE: SOLARWORLD. Summary written with AI assistance from the document.
Solarworld Energy Solutions Ltd: key numbers
- Share price
- ₹113.50
- Market cap
- ₹983.7 Cr
- Revenue (annual)
- ₹1,376 Cr
- Net profit (annual)
- ₹120.5 Cr
- P/E (TTM)
- 8.4×Sector 21.7×
- Promoter holding
- 65.89%+0.12% QoQ
- FII holding
- 0.08%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Solarworld Energy Solutions Ltd
All →Solarworld Energy Solutions Results Update
Solarworld's Q2 FY27 Total Income rose 81.1%, but EBITDA and PAT fell year-on-year. The company also approved a solar cell joint venture.
Solarworld Energy Solutions Q2 FY27 Results: Net Profit ₹4.2 Cr, Down 54.8% YoY
Solarworld Energy Solutions Ltd reported revenue from operations of ₹244 Cr (+76.9% YoY) and net profit of ₹4.2 Cr (-54.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹4.2 Cr · -54.8% YoY
Solarworld Energy Solutions Board Meeting Date
Solarworld Energy Solutions will hold a board meeting on 13-Nov-2026 to consider unaudited standalone and consolidated results for the quarter and half year ended September 2026. The trading window stays closed until 48 hours after the results declaration.
Solarworld Energy Solutions Acquisition Worth ₹26.82 Cr
Solarworld Energy Solutions subscribed for 12,600 shares of Rays Green Energy, paying Rs.26.82 Crore as first tranche. It now holds 50% of Rays Green, with up to Rs.73.18 Crore balance pending.
- Value
- ₹26.82 Cr
Solarworld Energy Solutions Merger & Restructuring Worth ₹26.82 Cr
Solarworld paid Rs 26.82 Crore on October 30, 2026 as the first tranche of its equity subscription in Rays Green Energy Manufacturing, a 50-50 joint venture. Rays Green allotted 12,600 shares on October 31, 2026, and the balance of up to Rs 73.18 Crore is still due.
- Value
- ₹26.82 Cr
Solarworld Energy Solutions Other Announcement
The company has filed its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI Regulation 31(1)(b).