Solex Energy will interact with institutional investors and analysts at the Arihant Bharat Connect Conference on Monday, September 28, 2026. The virtual session is scheduled from 3:00 pm to 4:00 pm IST.

The company disclosed this intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The event is organized by Arihant Capital and will be conducted virtually.

Meeting Details

The company stated that no unpublished price sensitive information pertaining to Solex Energy will be shared during the meeting. The schedule remains subject to change due to exigencies on the part of the analysts or the company.

Solex Energy has set a revenue target of ₹4,500 crore by FY28, outlining an ambitious growth roadmap for the solar energy company. This target follows a strong FY26 performance with revenue up 143.9% YoY.

FY26 performance highlights

The company reported robust financial results for FY26, marking a significant step in its expansion journey. Key metrics disclosed during the 12th Annual General Meeting (AGM) include:

The substantial increase in revenue reflects growing scale of operations and market demand for its solar solutions. The order visibility exceeding ₹34,000 million provides strong forward-looking support for the company's near-term growth trajectory.

Strategic expansion plans

Solex is advancing from its established solar module business towards a more integrated renewable energy platform. The strategic roadmap includes:

• Solar Cell Manufacturing: Establishing 2.2 GW of solar cell capacity by FY28, scaling to 5.2 GW by early FY29. This move aims to strengthen control over quality, costs, and supply chain resilience.
• Battery Energy Storage Systems (BESS): Developing capabilities for 10 GWh of battery pack and container assembly, with the first 5 GWh phase targeted for FY29.
• Capital Expenditure: An investment programme of approximately ₹4,000 crore between FY27 and FY30, representing the largest expansion programme in the company's history.

Global outlook and leadership commentary

Addressing shareholders, Chetan Shah, Chairman and Managing Director, stated that the company is building an integrated, technology-driven energy platform from India. The focus is on creating capabilities that shape the next generation of energy, with resilience across cycles.

Solex is also expanding its international footprint through plans for Solex Europe and Solex USA. The objective is to build long-term customer partnerships and establish the company as a trusted Indian solar manufacturing brand globally, leveraging India's manufacturing capabilities.

What the numbers show

The combined data reveals a significant acceleration in growth momentum. With FY26 revenue already at ₹16,211 million (approx. ₹1,621 crore), the target of ₹4,500 crore by FY28 implies a need for sustained high-growth rates over the next two years. The large order book visibility of over ₹34,000 million relative to the current annual revenue base suggests strong pipeline conversion potential. Furthermore, the planned capex of ₹4,000 crore against the FY26 EBITDA of ₹1,867 million indicates a capital-intensive phase that will require careful balance sheet management to fund the shift into solar cells and BESS.