Solex Energy Limited announces growth targets and expansion plans at 12th AGM
Solex Energy · Electrical Equipment
Key highlights
- FY26 revenue ₹1,621.1 crore with 143.9% YoY growth; PAT ₹98.3 crore and EBITDA ₹186.7 crore
- Investment of ₹4,000 crore planned for FY27-FY30 to expand solar cell capacity to 5.2 GW and start 5 GWh BESS phase by FY29
- Targets revenue over ₹4,500 crore by FY28 and expands international presence with Solex Europe and Solex USA initiatives
Why it's rated notable: The filing states a non-binding FY27 to FY30 investment roadmap of approximately ₹4,000 crore and a revenue potential target of more than ₹4,500 crore by FY28, with no signed order, agreement or approval cited.
Figures checked against the filing by a second AI read. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Potential multibaggers · Q2 FY27
Potential multibaggers in Electrical Equipment
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.