Solarworld Energy Solutions Limited (SOLARWORLD)

Loading page…

Solarworld Energy Solutions Limited (SOLARWORLD) · mywealthgrid

About

Solarworld Energy Solutions Limited is a civil construction company operating in the Industrials sector with ₹1,370.73 Cr market cap. The company generates quarterly consolidated revenues ranging ₹126–591 Cr and trades at 11.71x PE with ROE of 20.83%, indicating efficient capital deployment.

Face value: ₹5

Market cap

₹1,089 Cr

P/E

9.3×

P/B

1.3×

Dividend yield

ROE

20.8%

ROCE

28.4%

Debt / equity

0.3

OPM

10.8%

EPS (TTM)

₹13.5

Book value

₹97.8

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Operating margin compression from 10–13% (Sep 2025–Mar 2026) to 6–8% (Jun 2026) signals cost or execution pressures—verify root cause and whether it persists
Quarterly revenue volatility of ₹126–591 Cr across recent periods indicates project concentration or delivery timing risk—confirm project portfolio depth
Net profit range of ₹9–50 Cr reflects earnings unpredictability; latest quarter (Jun 2026) shows compression in both revenue and profit
Construction sector risks (input cost inflation, project delays, regulatory changes in renewable energy) are typical—verify company's track record and hedging strategies

Generated analysis · source review pending

Growth drivers

ROE of 20.83% signals capital efficiency; if capital is deployed at similar returns, earnings growth follows—verify reinvestment strategy versus distribution
Operating margins of 10–13% (Sep 2025–Mar 2026) versus recent 6–8% (Jun 2026) represent recovery upside if cost or project-mix pressures ease
D/E ratio of 0.3 provides financial flexibility without leverage stress—verify if management has capital-intensive growth initiatives
Quarterly consolidated revenue base of ₹500+ Cr (peak quarters) demonstrates scale; verify forward order backlog and contract pipeline to assess runway

Generated analysis · source review pending

245 historical price candles were omitted because the exchange source has not been verified.

₹125.9-2.4%1Y

Quick read

rule-based

Pros

+Strong return on equity of 43.8% (3-yr avg)
+High return on capital employed of 53.1%
+High promoter holding of 65.8% with no pledge

Cons

No red flags triggered.

Research score

Structured signal from quality, growth, valuation and momentum.

69/100

Business quality: 60
Growth: 50
Valuation: 95

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Loading peers…

Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2024	Mar 2025	Mar 2026
	501	545	1,376
COGS	382	342	1,086
Gross profit	119	202	291
	51	93	144
	69	109	147
OPM %	13.7%	20.1%	10.7%
Depreciation	0	0	5
Interest	7	6	21
	7	4	40
Profit before tax	68	107	161
Tax	17	30	41
Tax %	24.4%	27.7%	25.2%
	52	77	120
PAT margin %	10.3%	14.1%	8.8%
EPS (₹)	—	—	15
EPS adjusted (₹)	807.7	10.4	13.9
Annual report	—	Annual report for Mar 2025	—

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	0	0	37	43
Reserves	—	73	272	804
	—	61	115	255
	—	20	174	585
Total equity & liabilities	—	155	598	1,688
	1	2	37	145
CWIP	—	0	88	43
Investments	—	9	7	6
	—	145	465	1,494
Total assets	—	155	598	1,688

₹ Cr	Mar 2024	Mar 2025	Mar 2026
	7	54	-48
	19	-274	-477
	-10	210	538
Net cash flow	16	-9	12
Free cash flow	7	-98	-108
CFO / Operating profit %	10.4%	49.3%	-32.8%

Compounded sales growth

7 years: —
5 years: —
3 years: —
1 year: 153%

Compounded profit growth

7 years: —
5 years: —
3 years: —
1 year: 56%

Return on equity

7 years: —
5 years: —
3 years: 37%
Last year: 14%

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Engineering, procurement and construction (EPC) contracts	1,202.01	178.01	1,472.87	616.46	856.41	20.79
Manufacturing	175.98	-15.21

Loading financials…

Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	23.8%	37.1%	21.1%
EBITDA margin %	13.7%	20.1%	10.8%
EBIT margin %	13.7%	20%	10.4%
PAT margin %	10.3%	14.1%	8.8%
Working capital
Receivable days	22	97	92
Inventory days	2	2	36
Payable days	12	67	150
NWC days	12	32	-22
Leverage
Current ratio	2.2	1.94	1.88
Debt to EBITDA	0.89	1.05	1.73
Debt to equity	0.83	0.37	0.3
Interest coverage	10.8	18.5	8.8
Asset turnover	3.23	0.91	0.82
Return ratios
Return on assets %	33.3%	12.9%	7.1%
Return on capital employed %	81.3%	49.7%	28.4%
Return on equity %	70.2%	24.9%	14.2%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

Loading ratios…

Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	65.67%	65.67%	65.67%	65.77%	65.77%
	3.4%	3.4%	1.49%	1.24%	0.77%
	13.84%	11.8%	11.2%	11.41%	9.25%
Government	0%	0%	0%	0%	0%
	17.09%	19.13%	21.64%	21.58%	24.21%
No. of shareholders	—	36,896	38,830	38,875	42,850

Promoter holding up 0.1 percentage points since Jun 2025.

6 deals · 29 Oct 2025 – 6 Jul 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
6 Jul 2026	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Buy	6,41,076	₹218.59	₹14.01 Cr
6 Jul 2026	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Sell	6,40,489	₹218.77	₹14.01 Cr
3 Jul 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	4,61,557	₹209.03	₹9.65 Cr
3 Jul 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	4,61,557	₹208.95	₹9.64 Cr
29 Oct 2025	HRTI PRIVATE LIMITED	Bulk	NSE	Buy	4,48,869	₹335.21	₹15.05 Cr
29 Oct 2025	HRTI PRIVATE LIMITED	Bulk	NSE	Sell	3,67,900	₹335.96	₹12.36 Cr

1–6 of 6

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Kartik TeltiaExecutive Director-Chairperson related to Promoter-MD
Mr. Rishabh JainNon-Executive - Non Independent Director
Mr. Sushil Kumar JainNon-Executive - Non Independent Director
Mr. Mangal Chand TeltiaNon-Executive - Non Independent Director
Mr. Ramakant PattanaikNon-Executive - Independent Director
Mr. Rajiv GuptaNon-Executive - Independent Director
Mr. Upendra GoyalNon-Executive - Independent Director
Mrs. Ritu HastirNon-Executive - Independent Director
Mr. Subhash Kumar ChangoiwalaNon-Executive - Independent Director
Varsha BhartiCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

Loading shareholding…

F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

Loading f&o…

Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

across 1 fund houses

Held by these funds

2.08%

of the company's equity

All mutual funds

1.96%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

1 schemes

		Shares
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	18 L	26.4	0.84%	2.076%	-0

Loading fund holders…

Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Annual Report FY2025from bse Summary

Credit ratings

Investor Presentation and earnings call

May 2026Transcript AI Summary PPT REC
Jan 2026Transcript AI Summary PPT

Documents link to external sources (exchange filings, company investor pages).

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results14 Aug 2026

Loading events…

Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

113 announcementsExport CSV

1 Oct 2026, 7:06 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

30 Sept 2026, 8:26 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

30 Sept 2026, 7:02 pmCompany Update

Key Business And Financial Updates

General PDF

30 Sept 2026, 6:52 pmCompany Update

Announcement Under Regulation 30 Of SEBI (LODR) Regulations

General PDF

30 Sept 2026, 1:35 pmCompany Update

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

Award of Order / Receipt of Order PDF

28 Sept 2026, 6:41 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

21 Sept 2026, 6:05 pmCompany Update

Announcement Under Regulation 30 Of The SEBI (LODR) Regulations, 2015- Litigation

General PDF

18 Sept 2026, 8:57 pmCompany Update

Announcement Under Regulation 30 Of The SEBI (LODR) Regulations, 2015

General PDF

Date	Category	Subject	Filing
1 Oct 2026, 7:06 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
30 Sept 2026, 8:26 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF

Loading announcements…

Ratio	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	23.8%	37.1%	21.1%
EBITDA margin %	13.7%	20.1%	10.8%
EBIT margin %	13.7%	20%	10.4%
PAT margin %	10.3%	14.1%	8.8%
Working capital
Receivable days	22	97	92
Inventory days	2	2	36
Payable days	12	67	150
NWC days	12	32	-22
Leverage
Current ratio	2.2	1.94	1.88
Debt to EBITDA	0.89	1.05	1.73
Debt to equity	0.83	0.37	0.3
Interest coverage	10.8	18.5	8.8
Asset turnover	3.23	0.91	0.82
Return ratios
Return on assets %	33.3%	12.9%	7.1%
Return on capital employed %	81.3%	49.7%	28.4%
Return on equity %	70.2%	24.9%	14.2%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Larsen & ToubroLTLT	₹5,05,996 Cr	₹6,27,679 Cr	₹2,90,137 Cr	₹28,950 Cr	10.2%	₹16,590 Cr	6.6%	15.4%	15.5%	-142
Rail Vikas Nigam LimitedRVNLRVNL	₹41,075 Cr	₹45,888 Cr	₹20,825 Cr	₹891 Cr	3.8%	₹900 Cr	4.3%	10.2%	9%	66
Kalpataru Projects International LimitedKPILKPIL	₹23,167 Cr	₹26,474 Cr	₹27,380 Cr	₹2,277 Cr	8.3%	₹1,136 Cr	3.8%	20.3%	14.6%	-94
Nbcc (India) LimitedNBCCNBCC	₹20,898 Cr	₹20,898 Cr	₹12,752 Cr	₹656 Cr	4.8%	₹743 Cr	5.8%	29.3%	26.2%	-7,663
Irb Infrastructure Developers LimitedIRBIRB	₹20,533 Cr	₹40,541 Cr	₹7,686 Cr	₹4,182 Cr	52.1%	₹954 Cr	11.1%	6.1%	4.2%	67
Cemindia Projects LimitedCEMPROCEMPRO	₹20,254 Cr	₹21,120 Cr	₹10,185 Cr	₹1,058 Cr	10.2%	₹602 Cr	5.9%	44.8%	28.2%	-110
Engineers India LimitedENGINERSINENGINERSIN	₹17,577 Cr	₹17,577 Cr	₹3,878 Cr	₹750 Cr	17.7%	₹784 Cr	17.6%	28.8%	23.8%	-22
Techno Electric & Engineering Company LimitedTECHNOETECHNOE	₹11,614 Cr	₹11,686 Cr	₹3,356 Cr	₹469 Cr	14.2%	₹431 Cr	14.6%	13.6%	12%	-33
Ircon International LimitedIRCONIRCON	₹10,369 Cr	₹16,033 Cr	₹9,241 Cr	₹771 Cr	8.4%	₹524 Cr	6.5%	7.8%	9.2%	-469
Rites LimitedRITESRITES	₹10,068 Cr	₹10,068 Cr	₹2,458 Cr	₹555 Cr	22.9%	₹417 Cr	18.8%	19.3%	15.4%	-2,276
Welspun Enterprises LimitedWELENTWELENT	₹10,026 Cr	₹11,998 Cr	₹3,544 Cr	₹716 Cr	20.7%	₹308 Cr	10.9%	17.3%	12.5%	-422
Kec International LimitedKECKEC	₹9,912 Cr	₹15,015 Cr	₹23,506 Cr	₹1,599 Cr	7.1%	₹554 Cr	2.6%	23.1%	10.5%	-132

Solarworld Energy Solutions Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Events

Board meetings1

Announcements

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

Board meetings1

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Segment results

Engineering, procurement and construction (EPC) contracts · revenue

1

1