Solex Energy Ltd Share Price – NSE

Capital Goods - Electrical Equipment, Small Cap

Solex Energy announced that the Board of Directors of the Company at its meeting held on 18 June 2026, inter alia, have recommended the final dividend of Rs 0.55 per equity Share (i.e. 5.5%) , subject to the approval of the shareholders.

Net profit of Solex Energy rose 304.40% to Rs 57.91 crore in the quarter ended March 2026 as against Rs 14.32 crore during the previous quarter ended March 2025. Sales rose 248.09% to Rs 885.53 crore in the quarter ended March 2026 as against Rs 254.40 crore during the previous quarter ended March 2025.

For the full year,net profit rose 131.57% to Rs 96.01 crore in the year ended March 2026 as against Rs 41.46 crore during the previous year ended March 2025. Sales rose 144.34% to Rs 1618.06 crore in the year ended March 2026 as against Rs 662.22 crore during the previous year ended March 2025.

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Solex Energy will hold a meeting of the Board of Directors of the Company on 16 May 2026.

The approval covers the company's manufacturing facility located at Tadkeshwar on the Kim?Mandvi Road in Surat, Gujarat. The plant has been listed with an annual solar photovoltaic module manufacturing capacity of 3,782 MW, reflecting the company?s ongoing expansion in domestic solar manufacturing.

The ALMM listing includes several high-efficiency bifacial N-Type TOPCon solar modules with power ratings of up to 625 Wp. These modules are designed to deliver higher efficiency and improved performance for large-scale solar power projects.

The company said inclusion in the ALMM framework ensures that its modules meet the quality, reliability and domestic manufacturing standards mandated by the Government of India for solar projects supported under public procurement and government programmes.

Dr. Chetan Shah, chairman and managing director of Solex Energy, said, The expansion of our manufacturing capacity under MNRE?s ALMM framework reflects the strong and growing demand for Solex?s high-quality solar modules across the market. At Solex, we continuously invest in advanced manufacturing capabilities to scale our production and support our customers with reliable, high-efficiency solar solutions. This capacity expansion reinforces our commitment to strengthening India?s domestic solar manufacturing ecosystem while accelerating the transition towards clean and sustainable energy.

Gujarat-based Solex Energy has been operating in the solar industry since 1995 and manufactures photovoltaic modules from its automated facility in Gujarat while also providing EPC solutions across utility, commercial and industrial solar segments.

On a consolidated basis, net profit of Solex Energy declined 38.01% to Rs 8.71 crore whle net sales rose 136.08% to Rs 317.90 crore in Q3 December 2025 over Q3 December 2024.

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