Solarworld Energy Solutions
Stock Snapshot
Price Performance
Vista Outlook
Basis of our Recommendation
Solarworld Energy Solutions is strategically transforming into a vertically integrated renewable energy player, focusing on high-efficiency TOPCon module manufacturing and Battery Energy Storage Systems (BESS). Management's emphasis on operational excellence and backward integration is crucial for mitigating supply chain risks and enhancing margins, aligning with India's ambitious renewable energy targets. Vista's financial outlook reflects moderated revenue growth and ongoing margin pressures, yet the company's strong balance sheet supports its long-term growth potential. The expected upside of approximately 86.67% underscores confidence in Solarworld's ability to capitalize on favorable government policies and a robust order book. However, execution risks related to large-scale projects and potential industry-wide cost bottlenecks remain critical watchpoints. Overall, while the industry is poised for growth, Solarworld's transition and execution capabilities will be pivotal in determining its success over the next 12-24 months
Why We Like This Stock
- Management's focus on backward integration and operational excellence is expected to enhance margins and reduce supply chain risks
- Strong government support for renewable energy initiatives in India provides a favorable backdrop for growth
- The company's robust order book and expansion into BESS are likely to drive future revenue growth
Things To Watch Out For
- Execution risks associated with large-scale infrastructure projects could hinder operational performance
- Ongoing arbitration with SJVN Green Energy may create uncertainty and impact project timelines
- Potential industry-wide cost bottlenecks could pressure margins and affect profitability
Key Parameters
Financial Snapshot
View Technicals Analysis →| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 501 | 545 | 1,376 | 2,749 | 4,288 |
| Profit Before Tax (Cr.) | 68 | 107 | 161 | 281 | 454 |
| PBT Margin | 13.6% | 19.6% | 11.7% | 10.2% | 10.6% |
| Net Profit (Cr.) | 52 | 73 | 118 | 207 | 335 |
| Earnings Per Share | 5.9 | 8.4 | 13.6 | 23.9 | 38.7 |
Analyst Recommendations
No analyst recommendations available.
Company Overview
Show Company Profile
Solarworld Energy Solutions Limited provides solar energy solutions in India. The company offers engineering, procurement, and construction services for solar power projects. It also provides solar photovoltaic (PV) modules for ground mount solar EPC services, rooftop installations, as well as battery energy storage systems for energy grids and renewable energy applications. As of July 31, 2025, the company had completed projects with a total capacity of 253.67 megawatts (MW) AC/336.17 MW DC, as well as ongoing projects with a cumulative capacity of 765 MW AC/994 MW DC. It serves public sector undertakings and commercial and industrial clients. Solarworld Energy Solutions Limited was incorporated in 2013 and is based in Noida, India.