30-Sept-2026 18:59:25
SOLARWORLD ENERGY SOLUTIONS LIMITED : EXPANSION IN SOLAR CELL MANUFACTURING
• Proposed 50:50 JV with Rays Power Infra for 2.4 GW solar cell manufacturing with a commitment of up to ₹4,200 million from the company. • FY26 revenue from operations ₹13,762 million (up 152.6% YoY), total income ₹14,161 million (up 157.0%), EBITDA ₹1,879 million, profit after tax ₹1,205 million (up 56.4%. • Q1 FY27 revenue ₹1,684 million (up 146.8% YoY), profit after tax ₹95 million, impacted by higher input costs and rupee depreciation. • Order book as of September 30, 2026, is ₹31,548 million (Solar EPC 64%, BESS 36%); bids submitted ₹200,180 million. • Manufacturing: 1.55 GW TOPCon module line, 5 GW junction box line operating; 3.4 GW BESS assembly line ready; 2.4 GW solar cell line under execution (COD June 2027). • Impact: Company expands solar cell manufacturing capacity through a joint venture.
Solarworld Energy Solutions Limited
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