Solex Energy Limited — Investor Meet, 10-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Solex Energy saw robust H1FY26 performance with revenue up 51.8% YoY to INR 414.6 Cr, EBITDA up 131% to INR 60.9 Cr (14.7% margin), and PAT up 133.2% to INR 30.5 Cr (7.3% margin). Management highlights strong demand and operational efficiency. The company holds an order book exceeding INR 4,000 Cr. Solex plans to expand its 4 GW module capacity with 2.5 GW more and add 2.2 GW N-type TOPCon cell manufacturing by FY27, targeting 10 GW each by 2030. This growth will be funded by INR 1,000 Cr debt and INR 500 Cr equity. The strategic vertical integration positions Solex for significant expansion in the dynamic solar market.