Solarworld Energy Reports FY26 Results, Posts 157% Total Income Growth, Focus on BESS Expansion

Solarworld Energy Reports FY26 Results, Posts 157% Total Income Growth, Focus on BESS Expansion​

Noida, May 26, 2026: Solarworld Energy Solutions Limited, a provider of solar EPC and clean energy solutions, announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported strong performance indicators, noting that total income for FY26 stood at ₹ 14,161 million, marking a year-over-year growth of 157%.

Financial Performance Highlights​

The company’s financial results show robust growth across key metrics for the fiscal year. The financial highlights for FY26 are presented below:


A detailed look at the financial performance across the quarters and full years provides the following comparison:


In terms of key operational figures, revenue from operations reached ₹ 13,761.56 million in FY26, an increase of 152.61% compared to ₹ 5,447.65 million reported in FY25. Profit After Tax (PAT) for FY26 was ₹ 1,204.74 million, significantly higher than the ₹ 770.48 million recorded in FY25. As of March 31, 2026, the company reported a total order book value of ₹ 28,130.42 million.

Key Business Updates and Manufacturing Focus​

Solarworld continues to advance its manufacturing and EPC capabilities. The company's 1.552 GW module manufacturing facility in Roorkee, Uttarakhand, is fully automated and was commissioned in July 2025. This facility manufactures high-efficiency TOPCon solar panels ranging from 610 W to 750 W.

Operational initiatives include:

• The 3.4 GW fully automated BESS facility, equipped with KUKA robotics, is ready and undergoing trials.
• A 5 GW junction box line is under development through a joint venture, with the site ready and trials underway.
• The company is also developing a 1.2 GW solar cell facility, with commercial operations targeted by June 2027.

The company secured several major projects, including executing multiple BESS EPC projects for NTPC across Solapur, Maharashtra, and Unchahar, Uttar Pradesh. These projects aggregate to 257 MW / 514 MWh, with a combined order value of ₹ 5,994.13 million, including O&M. Furthermore, Solarworld received a BOS package order from NTPC Renewable Energy Limited for a 200 MW AC / 260 MW DC grid-connected solar PV project, valued at ₹ 2,347.17 million, including O&M.

Management Commentary​

Mr. Kartik Teltia, Managing Director, noted that the strong performance in Q4 and FY26 was driven by healthy execution momentum and improved operational discipline across the solar EPC, manufacturing, and energy storage businesses.

He stated that energy storage remains a key strategic priority, with Battery Energy Storage Systems (BESS) emerging as a vital growth area within India’s renewable energy sector. The company is aligning its business model to strengthen its presence in both BESS manufacturing and EPC solutions.

Mr. Teltia also highlighted that FY26 marked a significant milestone with the commencement of operations at the solar module manufacturing facility, while the development of BESS, junction box, and solar cell manufacturing initiatives progresses as part of the backward integration roadmap. The focus going forward, he added, remains on disciplined execution, scaling the BESS platform, strengthening backward integration, and advancing R&D to deliver sustainable long-term value to all stakeholders.

SOLARWORLD Stock Price Movement​

Shares of Solarworld Energy Solutions Limited shed 0.68% today, settling at ₹221.42 in trading. The stock saw considerable activity, with 3.56 million shares traded during the session.