Solex Energy Ltd (SOLEX) — FY26 Annual Report | 31 August 2026

· BSE 🔴 High Importance Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
📢 Key Event
Solex Energy Limited reported FY2025-26 financial growth and strategic expansion plans under Vision 2030.
🔄 What Changed
Revenue up 143.9% YoY, PAT up 132.7% YoY, 4 GW module capacity achieved, 10 GW cell/BESS targets set for 2030, H40,000 Million capex program launched.
🔮 What's Next
Vision 2030 targets: 10 GW solar modules, 10 GW solar cells, 2 GW wafer/ingot, 10 GW BESS capacity by 2030; H40,000 Million investment program (FY27-FY30) for integrated manufacturing platform; expansion into international markets via Solex Europe and Solex USA.
💡 Investor Takeaway
Solex Energy is scaling rapidly toward integrated renewable manufacturing leadership with strong financial momentum and clear 2030 capacity targets, but faces execution risks in new capital-intensive projects.

Solex Energy Limited reported robust FY2025-26 performance with 143.9% revenue growth to H16,211 Million and 132.7% PAT increase to H983 Million, driven by capacity expansion and integrated manufacturing. The company achieved 4 GW module capacity by November 2025 and is advancing 10 GW each in solar cells and BESS by 2030 under Vision 2030. Key risks include market volatility, regulatory changes, and execution challenges in new manufacturing lines. The Board approved strategic investments of H40,000 Million (FY27-FY30) to scale backward integration and global market presence, positioning Solex as a critical player in India's renewable energy transition.

📄 View Original Announcement (PDF)

About Solex Energy Ltd (SOLEX)

Capital Goods · Capital Goods - Electrical Equipment · Listed on BSE

Market Cap: ₹711.45 Cr P/E: 8.9 ROE: 50.9% ROCE: 47.7%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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