Solar Panels
25 recent notes from companies in this sector. 9 companies tracked.
Borosil Renewables halves rooftop solar revenue target, pushes back expansion income
Management cut the FY27 rooftop goal to ₹36 cr from ₹75 cr and told investors not to model revenue from the 600 TPD expansion before April 2028, despite on-track commissioning in March 2027.
Borosil Renewables enters rooftop solar solutions market
The solar glass maker plans to sell panels, inverters, and batteries under its own brand, starting with a pilot in three states. No financial targets disclosed.
Emmvee hits record margins, PAT surges to ₹380 cr, order book at 9.9 GW
Revenue jumps 51% to ₹1,555 cr, EBITDA margin at 35.2% all-time high, and profit after tax more than doubles. Cell utilisation at 83% and DCR share above 50% drive the surge.
Borosil Renewables swings to profit on 22% revenue growth
Standalone net profit of ₹87.7 crore versus a loss of ₹272.3 crore last year, which had a large exceptional charge. Revenue at ₹405.7 crore.
Borosil Renewables swings to Q1 profit as German hit drops out
Standalone net profit of ₹87.7 crore in Q1 FY27 against a loss of ₹272.3 crore a year ago, which had a one-time exceptional charge of ₹325.9 crore for German subsidiaries.
Waaree opens 5.15 GWh BESS plant — first leg of a 20 GWh storage build-out
Subsidiary Waaree ESS started production at an upgraded capacity plant, marking the first milestone in a planned 20 GWh roadmap. But the release omits capex and revenue projections.
Emmvee Q1 revenue dips, profit nearly flat; dividend of ₹1 proposed
Revenue fell to ₹1,555.51 cr from ₹1,738.81 cr in the preceding quarter, while net profit slipped only to ₹380.29 cr from ₹392.38 cr. The board recommended a final dividend of ₹1 per share.
Emmvee Q1 revenue dips, profit nearly flat; ₹1 dividend proposed
Consolidated revenue ₹1,555.52 crore and net profit ₹380.29 crore for June quarter. Board recommends final dividend of ₹1 per share. Routine filing with no surprises.
Borosil board to meet July 16 for Q1 results
Routine intimation; no financial data disclosed. Trading window closed for insiders until 48 hours after results.
Premier Energies fires up 5.6 GW module line, flags BESS play
Telangana CM inaugurates new facility that takes total module capacity to 11.1 GW. The 6 GWh battery storage and aluminium frames plants are next, but no capex figures disclosed.
Insolation bags ₹558 cr NTPC order, 26% of FY26 revenue
The order from NTPC Renewable Energy for solar PV modules covers 26% of FY26 revenue and boosts FY27 revenue visibility for the small-cap solar company.
Premier Energies lands ₹3,011 cr in solar orders—38% of FY26 revenue
Q1 orders of ₹3,011 crore (38% of FY26 revenue) give Premier Energies clear visibility into FY27-28, backed by capacity ramp-up and a domestic-content mandate.
Vikram Solar fires up Gangaikondan mega-plant, targets 9 GW cell by FY27
First Hypersol N-Type TOPCon module produced at 6 lakh sq ft fully automated facility. Roadmap includes 12 GW wafer/ingot by FY30.
Insolation backs ₹347 cr guarantee for 22 solar subsidiaries
The guarantee equals 14% of market cap and over 16% of annual revenue, adding a sizable contingent liability alongside project execution progress.
Waaree Energies clears US probe: no Chinese cells, no adverse findings
US Customs found no evidence of Chinese-origin cells in Waaree's solar modules, limiting its determination to a narrow subset of historical entries. The company says the clarification has no impact on its U.S. operations or financials.
Vikram Solar gets NCLAT stay on ₹9.44 cr insolvency claim
Appellate tribunal halts CIRP over a tiny trade payable. Company, with ₹4,802 cr revenue and zero debt, says financial health is strong.
Emmvee's manufacturing chief quits, internal successor named
CMO N Devendiran resigns effective June 15; GM Dinesh B Shenoy takes over. Change seen as non-disruptive.
Insolation Energy cuts FY28 target by ₹3,000 cr, delays plant ramp
The solar firm now wants ₹5,000 cr in revenue for FY28, down from ₹8,000 cr-plus. Full capacity at its new cell plant slips three months to Q1 FY28.
Insolation Energy reports revenue growth of 99.87% for Q4
The company confirmed its audited Q4 and FY26 results in a press release, reiterating growth figures already disclosed to the market.
Alpex Solar reverses course, will build ingot plant after all
Management scrapped a backward-integration plan only to announce a 5 GW ingot and wafer facility by FY30, with a pilot coming in April 2027.
Fujiyama Power targets ₹3,900 cr revenue for FY27
Management expects 50% top-line growth backed by a new Ratlam facility, while planning a ₹350 cr investment in TOPCon solar cells.
Swelect Energy's profit quadruples as solar surges, standalone shrinks
Consolidated profit jumped to ₹57.6 crore, driven by the solar segment, while the standalone business saw revenue decline 12.8%.
Swelect's consolidated profit surges to ₹57.6 cr on solar growth
Consolidated net profit hit ₹57.6 cr in FY26, up from ₹14.0 cr, while standalone revenue fell 12.8%.
Swelect's solar engine lifts group profit to ₹57.6 cr
Consolidated net profit surged from ₹14.0 crore a year ago. The standalone legacy business saw revenue drop, but profit still doubled.
Swelect transfers 17.5 lakh subsidiary shares to Syrma SGS
The off-market move likely ties into a captive power arrangement with the added counterparty, but financial terms are undisclosed.