Solarium Green Energy Ltd Q2 FY26 earnings call summary

Earnings call of 17 Nov 2025, summarised by AI from the filing.

Solarium Green Energy reported H1 FY26 revenue growth of 43% year-on-year and expects its 1000 MW module plant to be commissioned by mid-January.

Key takeaways

1. H1 FY26 results Revenue grew 43% year-on-year, gross margins rose 65%, EBITDA improved 36%, and PAT expanded 22%.
2. Working capital change Finance costs elevated due to delayed defense receivables, expected to normalize from Q4.
3. Growth driver Strong order book of ₹229 crores unexecuted, ₹209 crores L1, and over ₹900 crores bidding pipeline provides visibility.
4. Key risk Delayed government receivables, especially defense projects, impacted short-term liquidity and increased interest expenses.

Original filing on BSE

Solarium Green Energy Ltd earnings call, investor presentation and press release summaries

• Q4 FY26: Earnings call (2 Jun 2026), Results deck (2 Jun 2026)
• Q2 FY26: Earnings call (17 Nov 2025), Results deck (16 Nov 2025)
• Q4 FY25: Earnings call (5 May 2025), Results deck (4 May 2025), Results deck (4 May 2025)