Solex Energy Limited — Investor Meet, 31-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Solex Energy reported revenue of INR665 crore for FY25, up 81% YoY, driven by INR497 crore from modules and INR168 crore from EPC and other services. EBITDA was INR73 crore (11%), with PAT at INR42 crore (6%), showing strong margin gains. Capacity expanded to 4 GW with a second module line. The order book stands near INR1,450 crore, fully booked on existing lines with new line commitments. FY26 revenue guidance is INR2,200-2,400 crore with EBITDA margins of 9-11% and PAT at 6-7%. CapEx of INR1,500 crore aims to add 4 GW by FY27, funded by debt and equity. Focus remains on technology leadership, quality, exports, and selective EPC growth. Watch for capacity ramp-up, order inflows, and margin trends.