Solarworld Energy So

Solarworld Energy Solutions reported revenue from operations of Rs13,762 million and profit after tax of Rs1,205 million for fiscal 2026, alongside revenue of Rs1,684 million and profit of Rs95 million for the June quarter. The order book stood at Rs31,548 million on 30 September, with Rs20,159 million in solar EPC and Rs11,389 million in battery storage, including a Rs4,097.62 million project where the company ranked lowest in reverse bidding without a formal award, while submitted bids totalled Rs200,180 million. The 1.55 GW module line and 5 GW junction-box line at Roorkee were operating, the 3.4 GW storage assembly line was ready for launch and the 2.4 GW cell line at Narmadapuram was under execution for commercial operation in June 2027 under a 50:50 venture with Rays Power Infra involving up to Rs4,200 million. The order book had been Rs28,130 million at end-March, and EPC and storage awards had clustered between Rs235 crore and Rs900 crore with a Rs75 crore module supply order in late September. Fiscal 2026 total income was Rs14,161 million with EPC at about 87% of operating revenue and module manufacturing at Rs176 crore in its first full year. Net worth was Rs8,478 million at end-March with debt-to-equity of 0.30 times and net cash of Rs3,165 million.

Powered by Tijori

ZNShine Solarworld Private Limited, a wholly owned subsidiary of Solarworld Energy Solutions, received a domestic purchase order for 96,000 G12R 625Wp solar panels at Rs7,812.50 apiece. The basic value was Rs75 crore, or Rs78.75 crore inclusive of 5% IGST, from a leading renewable energy player. The subsidiary operated the company's 1.552GW solar module plant at Roorkee, which was running at 40-45% utilisation. The manufacturing segment reported revenue of Rs176 crore in FY26, its first full year. Solarworld's revenue from operations was Rs1,376 crore in FY26, with an order book of about Rs2,813 crore split between EPC and battery storage.

Powered by Tijori

Solarworld Energy Solutions approved a 50:50 joint venture with Rays Power Infra to develop a 2.4 GW TOPCon solar-cell manufacturing plant at Mohasa in Madhya Pradesh. Under the Securities Subscription Agreement and Joint Venture Agreement, Solarworld agreed to invest up to ₹100 crore in equity and extend a project loan of up to ₹320 crore, with an initial equity subscription of ₹26.82 crore. The company also proposed redirecting ₹420 crore of unutilised IPO and pre-IPO proceeds from the planned 1.2 GW Pandhurana project into the joint venture, subject to shareholder approval. The new facility was estimated to cost ₹1,000 crore, with commercial production scheduled for June 2027 on a 41.3-acre site where construction had begun. Solarworld's FY26 revenue from operations was ₹1,376 crore, while its order book stood at ₹2,727.5 crore at June 30.

Powered by Tijori

Solarworld Energy Solutions approved agreements with Rays Power Infra and Rays Green Energy Manufacturing for a 50:50 joint venture to establish a 2.4 GW n-type TOPCon G12R solar-cell plant at Mohasa, Narmadapuram, Madhya Pradesh. Under the agreements, Solarworld would subscribe up to ₹100 crore of equity in Rays Green and extend a loan of up to ₹320 crore, while total project cost was estimated at ₹1,000 crore. The board also approved a proposal to redirect ₹420 crore of unutilised IPO proceeds from the planned 1.2 GW Pandhurana cell project to the new facility, subject to shareholder approval. FY26 consolidated revenue was ₹1,376 crore, of which EPC accounted for about ₹1,202 crore.

Powered by Tijori

Solarworld Energy Solutions approved a 50:50 joint venture with Rays Power Infra involving Rays Green Energy Manufacturing to develop a 2.4 GW TOPCon solar-cell plant at Mohasa in Madhya Pradesh. The company committed up to ₹100 crore in equity and a further ₹320 crore loan, while the total project cost was estimated at ₹1,000 crore. The board also approved redirecting ₹420 crore of unutilised IPO proceeds from the proposed 1.2 GW Pandhurana project into the venture, subject to shareholder approval. Rays Green recorded turnover of ₹437.63 crore in FY26 and construction at the site had commenced. Solarworld reported consolidated FY26 revenue of ₹1,376 crore, including ₹1,202 crore from EPC and ₹176 crore from manufacturing.

Powered by Tijori

Solarworld Energy Solutions entered into a securities subscription agreement and joint venture agreement with Rays Power Infra to form a 50:50 venture through Rays Green Energy Manufacturing. The venture was to develop and operate a 2.4 GW solar photovoltaic cell plant at Mohasa in Madhya Pradesh, with an estimated project cost of ₹1,000 crore. Solarworld agreed to invest up to ₹100 crore in equity and extend a loan of up to ₹320 crore. The transaction replaced the proposed use of ₹420 crore of unutilised IPO proceeds for a 1.2 GW cell project at Pandhurana, subject to shareholder approval for the change in objects. Construction had begun at the Mohasa site, with commercial production scheduled for June 2027; Solarworld reported FY26 revenue of ₹1,376 crore.

Powered by Tijori

Aug 14 (Reuters) - Solarworld Energy Solutions Ltd SOLW.NS:

• JUNE-QUARTER CONSOL NET PROFIT 95 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.68 BILLION RUPEES

Source text: [ID:]

Further company coverage: SOLW.NS

(([email protected];))

May 26 (Reuters) - Solarworld Energy Solutions Ltd SOLW.NS:

• SOLARWORLD ENERGY SOLUTIONS MARCH-QUARTER CONSOL NET PROFIT 490.6 MILLION RUPEES

• SOLARWORLD ENERGY SOLUTIONS MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 5.92 BILLION RUPEES

• SOLARWORLD ENERGY SOLUTIONS LTD - APPOINTS KARTIK TELTIA AS CHAIRMAN

Further company coverage: SOLW.NS

(([email protected];))

April 1 (Reuters) - Solarworld Energy Solutions Ltd SOLW.NS:

• GETS ORDER WORTH 2.68 BILLION RUPEES

Source text: ID:nNSE5hb5YY

Further company coverage: SOLW.NS

(([email protected];))

March 30 (Reuters) - Solarworld Energy Solutions Ltd SOLW.NS:

• GETS ORDER VALUE ABOUT 1.77 BILLION RUPEES

Source text: ID:nNSE2GTvB6

Further company coverage: SOLW.NS

(([email protected];))

Jan 28 (Reuters) - Solarworld Energy Solutions Ltd SOLW.NS:

• SOLARWORLD ENERGY SOLUTIONS DEC-QUARTER CONSOL NET PROFIT 492.2 MILLION RUPEES

• SOLARWORLD ENERGY SOLUTIONS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.78 BILLION RUPEES

Source text: ID:nFWN3YS1AM

Further company coverage: SOLW.NS

(([email protected];))

** Shares of Solarworld Energy Solutions SOLW.NS jump 10.4% to 292 rupees

** Solar solutions co wins 7.25 bln rupees ($80.6 mln) order from NTPC Renewable Energy for development of 250 MW solar project

** Trading vols at 4.4 mln shares so far, over 32x the 30-day average

** SOLW down ~25% from trading debut open price on September 30

($1 = 89.9725 Indian rupees)

(Reporting by Vijay Malkar)

(([email protected];))