GRE Renew Enertech Order Book Grows to ~₹248 Crore on New ₹24 Crore Orders

1 min read     Updated on 17 Jul 2026, 08:22 AM
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GRE Renew Enertech has expanded its consolidated EPC order book to approximately ₹248 crore following ₹24 crore in new order additions, underpinned by a landmark ₹175 crore turnkey contract from Solarium Green Energy. The company reported FY26 PAT of ₹13.6 crore and revenue from operations of ₹122.9 crore, alongside a 3-year PAT CAGR of 147%, while also crossing 100 MWp in cumulative solar installations.

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GRE Renew Enertech Limited has further strengthened its project pipeline with ₹24 crore in new orders, taking its consolidated EPC order book to approximately ₹248 crore. This latest addition builds on the company's earlier order book of 75 MWp worth approximately ₹224 crore, driven by project wins in the first quarter of FY27. The company also commissioned a 7.20 MW (AC)/9.678 MW (DC) ground-mounted solar power plant under the RESCO model and has crossed the milestone of 100 MWp of cumulative solar installations by June 2026.

Order Book Overview

The updated order book reflects continued momentum in GRE Renew Enertech's project acquisition activity. The following table summarises the key order book metrics:

Metric: Value:
Previous Order Book Value ₹224 crore
New Orders Added ₹24 crore
Updated Total Order Book ~₹248 crore
Order Book Capacity 75 MWp

Key Order Wins

The growth in the order book is anchored by a ₹175 crore turnkey order from Solarium Green Energy Limited for a 50 MW AC/65 MW DC utility-scale project in Maharashtra. The company also secured a ₹17.75 crore solar EPC contract. The aggregate value of the single ₹175 crore contract alone exceeds GRE Renew Enertech's consolidated revenue from operations of ₹122.9 crore for FY26.

Financial Performance

On a consolidated financial basis, GRE Renew Enertech reported a Profit After Tax (PAT) of ₹13.6 crore for the financial year ended March 31, 2026. The company has delivered a 3-year Compound Annual Growth Rate (CAGR) of 147% in PAT. The table below highlights the key financial metrics:

Metric: Value:
FY26 Revenue from Operations ₹122.9 crore
FY26 PAT ₹13.6 crore
3-Year PAT CAGR 147%

Operational Highlights

GRE Renew Enertech operates through EPC (CAPEX) and RESCO (OPEX) business models, serving industrial, commercial, and government customers on a Captive and Non-Captive basis. The EPC model generates revenue through execution contracts and annual Operations & Maintenance (O&M) service agreements, while the RESCO model focuses on long-term Power Purchase Agreements (PPAs). The company has stated it will continue to prioritise the use of domestic solar modules and inverters across its project pipeline.

Historical Stock Returns for GRE Renew Enertech

1 Day5 Days1 Month6 Months1 Year5 Years
-1.79%-9.16%+8.73%+70.98%+89.14%+89.14%

How will the execution of the ₹175 crore utility-scale project impact GRE Renew Enertech's working capital requirements in the coming quarters?

Can the company maintain its 147% PAT CAGR given the significant increase in order book size relative to its current revenue?

What is the projected revenue contribution split between the EPC and RESCO models over the next fiscal year?

GRE Renew Enertech publishes management interview on business model

1 min read     Updated on 09 Jul 2026, 02:33 AM
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GRE Renew Enertech Ltd disclosed the publication of a management interview and factory visit hosted by Stock Knocks, covering its business model and growth strategy. The company confirmed the video contains no Unpublished Price Sensitive Information and was released for investor awareness.

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GRE Renew Enertech Ltd has disclosed the publication of a management interview and factory visit interaction hosted by Stock Knocks. The video is available on the digital platform of Stock Knocks and provides a general overview of the company's business model, Solar EPC operations, and solar park development. The interaction also covers renewable energy opportunities, the company's growth strategy, industry outlook, and long-term vision.

The company stated that the interview is intended solely for informational and investor awareness purposes. It clarified that the content does not contain any Unpublished Price Sensitive Information (UPSI). The disclosure was made to ensure transparency and wider dissemination of information to investors and stakeholders.

Key Details of the Disclosure

Aspect Details
Regulation Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Content Type Management Interview and Factory Visit Interaction
Host Stock Knocks
Availability Digital Platform
UPSI Status Does not contain any Unpublished Price Sensitive Information

The filing was submitted to BSE Limited on July 08, 2026. Mr. Kamleshkumar D Patel, Managing Director of GRE Renew Enertech Ltd, signed the disclosure. The company is headquartered in Mehsana.

Historical Stock Returns for GRE Renew Enertech

1 Day5 Days1 Month6 Months1 Year5 Years
-1.79%-9.16%+8.73%+70.98%+89.14%+89.14%

How will GRE Renew Enertech's growth strategy evolve in response to changing renewable energy policies?

What impact will the increased investor awareness from this interview have on the company's stock liquidity?

How might the company's Solar EPC operations be affected by potential shifts in government incentives?

More News on GRE Renew Enertech

1 Year Returns:+89.14%