Australian Premium Solar Achieves 47% Revenue Growth in H2 FY26, Scales Capacity to 1.2 GW
Mumbai, May 22, 2026 – Australian Premium Solar (India) Limited, a prominent solar manufacturer specializing in Monocrystalline and TopCon solar panels, and offering comprehensive EPC services and solar water pumps, today announced its audited financial results for the second half of fiscal year 2026 (H2 FY26), which ended on March 31, 2026.The company reported a significant increase in its total income, highlighting robust growth across its operations.
Key Financial Highlights (In Rs Cr)
Australian Premium Solar provided the following financial data for H2 FY25 and H2 FY26:| Particular | H2 FY25 | H2 FY26 | YoY Change |
|---|---|---|---|
| Total Income | 276.89 | 405.8 | 46.56% |
| EBITDA | 39.3 | 52.32 | 33.11% |
| PAT | 27.01 | 29.26 | 8.35% |
| EPS | 13.68 | 14.52 | 6.14% |
Strategic Expansion and Future Capacity
Mr. Nikunj kumar Chimanlal Patel, Chairman & Executive Director of Australian Premium Solar (India) Limited, stated that the performance reflects the company's strong execution capabilities and expanding market presence. He noted that the total income grew 46.56% year-on-year to ₹405.80 crore. Furthermore, the full-year revenue for FY26 reached ₹708.74 crore, with a Profit After Tax (PAT) of ₹57.87 crore.The company is undergoing substantial expansion to strengthen its market position. A major milestone is the commissioning of a 400 MW TopCon module line by the end of July 2026. This addition is expected to escalate the company’s total manufacturing capacity to 1.2 GW, significantly enhancing its product portfolio in the Indian solar market.
In addition to manufacturing expansion, Australian Premium Solar is diversifying its offerings by entering the Battery Energy Storage Systems (BESS) segment. This move will enable the company to provide integrated solar-plus-storage solutions for residential, commercial, industrial, and utility-scale customer segments. The company will also initiate operationalized captive solar power production at its manufacturing facilities, aiming to improve energy efficiency and support long-term margin expansion.
The company’s growth is supported by the structural growth in India’s solar manufacturing industry, fueled by government policies like the Production Linked Incentive (PLI) scheme and the ambitious national target of achieving 500 GW of renewable energy capacity by 2030.
Australian Premium Solar remains focused on profitable growth and contributing to India's clean energy mission. The company is confident of delivering a revenue Compound Annual Growth Rate (CAGR) of 30% to 35% over the next three years.
Established in 2013, Australian Premium Solar (India) Limited specializes in manufacturing high-quality Monocrystalline and TopCon solar modules. The company is an ISO 9001-certified organization and targets various sectors, including residential, commercial, industrial, and agricultural markets.
APS Stock Price Movement
As of 10:18 AM, shares of Australian Premium Solar (India) Limited are slipping by 1.57% in live trading, currently valued at ₹345.75. With a traded volume of 20,250 shares, the stock continues to navigate between its day low of ₹337 and its earlier ₹352 high.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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