Solarium Green Energy Limited reported a 60% increase in revenue from operations to ₹368 Cr for the financial year ended March 31, 2026, driven by a strategic shift towards large-scale EPC projects. Profit after tax (PAT) for the year stood at ₹20.5 Cr, while EBITDA was recorded at ₹35.3 Cr. The company disclosed these figures in an investor presentation and earnings conference call transcript submitted to the BSE on June 2, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The presentation highlighted that the company secured a 50 MW solar project in Maharashtra with a contract value exceeding ₹185 crore during the year. This transition to larger ground-mounted projects was undertaken to mitigate extended receivable cycles associated with government-distributed projects. However, the change in business mix resulted in a moderation of gross margins to 30% in FY26 from 34.5% in FY25, as large-scale EPC projects generally operate at comparatively lower margins.

Consolidated Financial Highlights

For the second half of FY26 (H2FY26), revenue rose 70% year-on-year to ₹251 Cr, compared to ₹148 Cr in H2FY25. EBITDA for H2FY26 increased 27% to ₹19 Cr, while PAT remained flat at ₹11 Cr. The company noted that the commencement of operations at its module manufacturing facility led to incremental finance costs, which impacted profitability during the year.

Operational Metrics

The company reported an unexecuted order book of ₹300+ Cr and a presence across approximately 15 states and union territories. Its team size has expanded to over 400 employees. Solarium Green Energy operates a 1.2 GW fully automated module manufacturing line in Ahmedabad, producing panels up to 725 Wp, which drives cost efficiency across its value chain.

Ankit Garg, Chairman & Managing Director, stated that the company remains well-positioned regarding regulatory developments surrounding ALMM-II. A significant portion of the order book pertains to module supply for projects bid prior to August 31, 2025. The EPC order book includes approximately 65 MW of confirmed captive module consumption, with a forward pipeline exceeding 300 MW of projects under active discussion.

solarium green energy has scheduled a meeting of its Board of Directors for Friday, May 29, 2026. The meeting will be held at the company's registered office to discuss and approve key financial documents for the period ending March 31, 2026.

Agenda for the Meeting

The primary agenda for the board meeting includes the consideration and approval of the Audited Standalone and Consolidated Financial Results for the half year and year ended March 31, 2026. These results will be finalized in accordance with Regulation 33 of the Listing Regulations. Additionally, the board will consider and take on record the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, in compliance with the provisions of the Companies Act, 2013.

Trading Window Closure

In continuation of a previous intimation dated March 24, 2026, the company has confirmed that the trading window for dealing in its securities by designated persons and insiders remains closed. This closure came into effect from April 01, 2026, and will continue until 48 hours after the declaration of the financial results for the half year and year ended March 31, 2026.

Key Meeting Details