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Solarium Green Energy share price & results

SOLARIUM GREEN ENERGY LIMITED· Construction· Industrials

Results to
Mar 2026
Latest analysed call
Q4 FY26
Ownership as of
Sept 2026

Ahmedabad-based turnkey solar EPC company and panel manufacturer, serving residential, C&I, ground-mounted and government projects, with a 1.2 GW in-house module line and a nationwide Sarathi dealer network.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue251 ₹ crore+69.6% YoYQuarterly, as filedQuarter to Mar 2026Revenue from operations as filed.
Operating margin7.0 %−3.0 pts YoYOperating profit / revenueQuarter to Mar 2026For the quarter; a change is in percentage points.
Net profit11.0 ₹ crore0.0% YoYQuarterly, as filedQuarter to Mar 2026Profit after tax as filed.
Return on equityUnavailable−12.5 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.
Free cash flow margin-19.57 %+7.8 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)Unavailable+30.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Mar 2026

Guidance

What management said, and what became of it

1 of 6 judged targets kept · 8 open · verdicts reflect calls analysed to Q4 FY26.

SOLARIUM GREEN ENERGY LIMITED management guidance track record on Inve: 14 targets tracked across analysed earnings calls (1 achieved, 5 missed, 8 open).

TargetOriginal wordingSaidLatest callVerdict
Residential Rooftop Monthly RevenueMaintain this INR 10 crores run rate for the whole FY 2026
Call transcript, Q4 FY25 · 9 May 2025		Q4 FY25Q4 FY26:Management confirmed a monthly run rate of INR 10-12 crores for the last 3-4 months of FY26, excluding the new solar kit business.
Call transcript, Q4 FY26 · 2 Jun 2026		Achieved
Overall EBITDA Margin11% to 13% is the range which we want to probably anchor at this point in time.
Call transcript, Q4 FY25 · 9 May 2025		Q4 FY25Q4 FY26:FY26 EBITDA margin reported at 9.6%, below the target range. New guidance for FY27 is 10-12%.
Call transcript, Q4 FY26 · 2 Jun 2026		Missed
Module Manufacturing Plant CommissioningExpecting to get it commissioned by mid-January
Call transcript, Q2 FY26 · 17 Nov 2025		Q2 FY26Q4 FY26:The facility was commissioned in mid-March 2026, approximately two months behind the original schedule.
Call transcript, Q4 FY26 · 2 Jun 2026		Delayed

Source: Inve Guidance Tracker for SOLARIUM GREEN ENERGY LIMITED · to Q4 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

5 of SOLARIUM GREEN ENERGY LIMITED's 14 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 11 more targets are in the full ledger.

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Price

₹97.2 +2.32% · +₹2.2

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −70.2% 1Y

₹100₹150₹200₹250₹300Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 17 Nov 2025Q4 FY26 — 2 Jun 2026

1Y: ₹326 on 24 Oct 2025 → ₹97.2. High ₹330.7 (29 Oct 2025), low ₹95 (26 Oct 2026).

Previous close
₹95
Market cap
₹361 Cr
52-week range
₹95 – ₹330.7
One year
−70.25%
Price to earnings (FY ending Mar 2026)
21.77×
Return on equity (FY ending Mar 2026)
10.87%

Overview

Symbol
NSE:SOLARIUM
Industry
Industrials
Exchange
NSE
Currency
INR

What SOLARIUM GREEN ENERGY LIMITED does

Based on the company's own presentations, annual report and earnings calls.

Solarium Green Energy is an Ahmedabad-based turnkey solar energy company that designs, engineers, procures, constructs, commissions and operates & maintains solar power plants across residential rooftop, commercial & industrial (C&I), ground-mounted and government projects. It has vertically integrated into manufacturing, commissioning a 1.2 GW fully automated module manufacturing facility in Ahmedabad along with an in-house mounting-structure manufacturing unit. The company also distributes solar products — PV modules, inverters, ABT meters and residential solar kits — through its own branded Sarathi dealer/partner network, positioning it as one of the largest EPC vendors under the government's PM Surya Ghar rooftop solar scheme.

Segments

  • Residential Rooftop Solar
  • Large-Scale EPC (C&I, Ground-Mounted & Government)
  • Panel Manufacturing
  • Distribution
Module manufacturing capacity
1.2 GW (Ahmedabad line, ~4,000 panels/day, up to 725 Wp, 23.5% cell efficiency)
In-house structure manufacturing capacity
1,200 MTPA
Team size
400+
Geographic presence
~15 states & UTs
Sarathi distribution partner network
450+ partners across 25+ cities
Residential rooftop projects executed
109+ MW
Founded 2018Headquarters Ahmedabad, Gujarat, IndiaEmployees 400 (FY26) Company website

How the price took the results

close before → close after

Q4 FY26
−0.8%
2 Jun
Q2 FY26
+1.1%
17 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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