Winsol Engineers has secured a purchase order valued at ₹3,59,76,150 from CleanMax Enviro Energy Solutions Limited for providing solar operation and maintenance (O&M) services. The order, dated May 27, 2026, was finalized and received via email on June 08, 2026. The contract covers services at the Kalavad Plant and is expected to strengthen the company's order book, enhance its customer portfolio, and contribute to future business growth.

Order Details

The purchase order was awarded by a domestic entity, CleanMax Enviro Energy Solutions Limited. The scope of work includes operation and maintenance services at the solar plant located in Kalavad. The services are inclusive of security as per applicable norms and in line with the plant team's instructions and work schedules.

Commercial Terms

The aggregate order value of ₹3,59,76,150 is exclusive of Goods and Services Tax (GST). Payment terms and other commercial conditions shall be governed by the provisions of the purchase order. The timeline for execution of the order will be as specified in the purchase order document.

Regulatory Disclosures

The company confirmed that neither the promoter, promoter group, nor group companies have any interest in the entity that awarded the order. Furthermore, the order does not fall within related party transactions. The disclosure was made to the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Winsol Engineers Limited reported a 22.1% increase in consolidated net profit to ₹1,439.39 lakh for the year ended March 31, 2026, driven by higher revenue from operations. The company’s revenue from operations rose 22.5% to ₹13,656.58 lakh from ₹11,141.85 lakh in the previous year. The Board of Directors has proposed a dividend of ₹1 per equity share, subject to the approval of shareholders at the upcoming Annual General Meeting.

The financial results were reviewed by the Audit Committee and approved by the Board at their meeting held on May 30, 2026. Raichura & Co., Chartered Accountants, audited the consolidated financial results, which include the financial statements of subsidiaries Repower Infrastructure Private Limited and Alunova Profiles Private Limited. The auditors affirmed that the statements give a true and fair view of the company's financial position.

Total income for the year increased to ₹13,720.61 lakh, up from ₹11,148.39 lakh in FY25. Total expenditure for the period stood at ₹11,697.87 lakh compared to ₹9,530.04 lakh in the previous year. Profit before exceptional items and tax for the year was ₹2,022.74 lakh. The company reported an exceptional item of ₹5.67 lakh, classified as a prior period item.

The company’s net worth stood at ₹6,387.42 lakh as of March 31, 2026, compared to ₹4,948.27 lakh a year earlier. Earnings per share (EPS) increased to ₹12.48 from ₹10.22 in the previous year. The debt-equity ratio rose to 1.07 from 0.34, while the interest service coverage ratio stood at 6.00 compared to 17.22 in the prior year.

Consolidated Financial Results

Operational Highlights

During the reporting period, Winsol Engineers incorporated a subsidiary, Alunova Profiles Private Limited, holding 51% of its total share capital effective May 24, 2025. The company is primarily engaged in providing wind and solar services, HV/EHV operation maintenance, and commissioning of wind projects. All operations are conducted within India, and there are no separate reportable business or geographical segments.

The status of investor complaints for the year ended March 31, 2026, showed three complaints pending at the beginning of the period, all of which were disposed of during the period, leaving zero complaints unresolved at the end of the year.