Solarworld Energy Solutions share price today

Solarworld Energy Solutions Ltd's share price was ₹109.25 at the close on 4 November 2026. It has been falling for 52 weeks. That is 40.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹105 and ₹305, and at that close it sat 2% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Solarworld Energy Solutions Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 22 weeks running.

Over the last 1 year the share price moved −67% while the NIFTY 500 moved −5%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 19 June 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: profit fell in the June 2026 quarter, foreign funds (FIIs) cut their stake for 4 quarters in a row and lowest operating margin in 9 quarters.

1. Profit fell in the June 2026 quarter

   Profit was ₹10 crore, -26.4% on a year earlier (₹13 crore), after 2 quarters of growth.

2. Foreign funds (FIIs) cut their stake for 4 quarters in a row

   From 3.4% to 0.1% of the company by the September 2026 quarter.

3. Lowest operating margin in 9 quarters

   Operating margin was 6.6% in the June 2026 quarter, against 12.7% a year earlier.

For April to June 2026 (the quarter ended 30 June 2026), Solarworld Energy Solutions reported revenue of ₹168 crore, up 146.8% from ₹68.2 crore a year earlier, and a profit of ₹9.50 crore, down 26.4% from ₹12.9 crore.

Solarworld Energy Solutions results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 26 May 2026, about January to March 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Solarworld Energy Solutions closed at ₹109.25 on 4 November 2026, down 63.7% from ₹300.80 a year earlier (7 November 2025). Its highest weekly close since October 2025 was ₹334.45 on 3 October 2025.

Solarworld Energy Solutions share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

61 weekly closes from 3 October 2025 to 4 November 2026.

4 Nov 2026: Solarworld Energy Solutions closed at ₹109.25, up 3.9% on the week and down 13.0% on the month. Results for April to June 2026: Revenue up 146.8% and profit down 26.4% on a year earlier.

Earlier

• 26 May 2026: Solarworld Energy Solutions held its results call for January to March 2026. Management guided: FY27 revenue ₹1,900-2,000 crore (70-75% order book conversion of ₹2,800 crore total)

Solarworld Energy Solutions has paid no dividend on the NSE since its first NSE close in our records (3 October 2025), the start of the period we checked.

No. Solarworld Energy Solutions Ltd paid out 0% of its profit as dividends in each of its last 5 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for January to March 2026, held on 26 May 2026, Solarworld Energy Solutions' management guided: FY27 revenue ₹1,900-2,000 crore (70-75% order book conversion of ₹2,800 crore total)

“In EPC, I always say that margins are somewhere between 9-11% depending on where you are in terms of the raw material price cycle. This is an abnormal year currently going on because of the war. If this war subsides, our margins would significantly improve, but if it does not, then there is a possibility of a slight downside.”Kartik Teltia, on the call for January to March 2026

What management guided

• BESS revenue FY27 ₹800-1,000 crore vs zero in FY26, representing 40-50% of consolidated revenue with 11-12 month execution timelines.
• Solar EPC revenue FY27 stable at ₹1,250 crore with 14+ month timelines; Q1/Q2 seasonally weak, Q3/Q4 strong.
• Overall FY27 growth goal 40-45%.
• Profit margins FY27 expected 8-11% range conditional on war normalization; current commodity inflation (copper +40%, aluminum +50%) creates downside if geopolitical tensions persist.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for January to March 2026, 26 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

When Solarworld Energy Solutions reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: BESS revenue FY27 ₹800-1,000 crore guidance: verify actual BESS execution from 514 MWh NTPC orders with 11-12 month timelines; if Q1 records zero/minimal BESS revenue, downside risk to full-year guidance materializes.

Solarworld Energy Solutions is on 2 of our India lists: 52 week high & low and Power & green energy stocks.

Solarworld Energy Solutions Ltd earned ₹9.5 Cr of net profit in the Jun 2026 quarter, −26.4% on the same quarter a year earlier. Full-year FY26 profit was ₹120 Cr. Over 4 years profit has grown 178.3% a year on average. That is 5.6% of the quarter's revenue. The same quarter a year earlier earned ₹12.9 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹120 Cr (+55.8% on the year before).

Why profit moved: revenue changed +146.8% on a year earlier and the margin moved −6.1 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +87.6% and revenue +140.8%. Profit is growing slower than sales: rising costs are taking part of the growth.

Solarworld Energy Solutions Ltd reported ₹168 Cr of revenue in the Jun 2026 quarter, +146.8% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 4 years it has grown 164.8% a year on average. The last full year, FY26, came in at ₹1,376 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,476 Cr.

FY26 revenue was ₹1,376 Cr, +152.5% on the year before.

Recent pace: the last four quarters grew +140.8% on average, against 164.8% a year over the longer run, so this year is growing slower than its own long-run rate.

Solarworld Energy Solutions Ltd's operating margin was 6.6% in the Jun 2026 quarter, 6.1 percentage points lower than the same quarter a year ago. Across 5 years it has been between 8.0% and 20.0%. The latest quarter is below every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −6.1 percentage points on the year while gross margin changed −7.3 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 4% of Solarworld Energy Solutions Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 its operations used ₹50.0 Cr of cash, against ₹120 Cr of profit. After ₹68.0 Cr of spending on assets, free cash was −₹118 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 4% of profit came in as cash: the cash cycle got 127 days shorter between FY22 and FY26, so cash that used to wait in the business now arrives sooner. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: the bigger use of cash is spending on new assets, at 38.4× depreciation over three years. The next section checks what that spending is building.

Solarworld Energy Solutions Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −22 days in FY26, down from 105 days in FY22. It spent ₹192 Cr on assets over the last 3 years. Customers take 92 days to pay, and stock sits for 36 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,376 Cr, each day of that cycle ties up about ₹3.8 Cr, so roughly −₹83.0 Cr is tied up in the business at any time.

FY26: customers took 92 days to pay and stock sat for 36 days, about 1.2 months of sales sitting as stock, for a full cycle of −22 days, shorter than FY22's 105.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 36 days. Customers pay about 92 days after that. Suppliers are paid at 150 days. Together that makes the −22-day cycle.

Spending on assets: ₹192 Cr over the last 3 years, against ₹5.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹43.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Solarworld Energy Solutions Ltd's P/E is 8.1×, about the lowest it has ever been. Its usual P/E (the middle reading) is 19.5×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved +33.8% while the price moved −63.7%. Earnings did better than the price, which pulled the multiple down within its own range.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Solarworld Energy Solutions Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 6 quarters of 1 measure, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Solarworld Energy Solutions Ltd earned a ROCE of 24% in FY26. Its return on capital used (ROIC) is 6.1 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 8.7% net margin and 0.82× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 8.7% net margin × 0.82× asset turnover × 1.99× leverage (assets divided by equity) ≈ 14.2% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 18.1% − 12.0% = +6.1 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value.

The 18.1% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 23.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

Solarworld Energy Solutions Ltd has total debt of ₹255 Cr against shareholder equity of ₹848 Cr as of Jun 2026, so its debt is 0.30× its equity, which is very little. Year by year, that ratio went from 0.37 in FY25 to 0.30 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

Domestic institutions cut their stake in Solarworld Energy Solutions Ltd by 4.6 percentage points over 4 quarters, the biggest change among its owners. Domestic institutions now own 7.2% of the company. Foreign institutions moved −3.3 points over the same period, to 0.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: −4.6 points over 4 quarters, to 7.2%; Foreign institutions: −3.3 points over 4 quarters, to 0.1%; Promoters: +0.2 points over 4 quarters, to 65.9%.

Why the owners changed: domestic institutions drove it (−4.6 points), together with foreign institutions (−3.3 points). They reduced their stake.

For Solarworld Energy Solutions Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

47.0 out of 100, rank 2 of 5 in Solar EPC, with 64% of the evidence available.

Solarworld Energy Solutions Ltd scores 47.0 out of 100 against the 5 companies it is compared with in Solar EPC, ranking 2. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 19.7 + 8.3 + 11.5 + 7.5 = 47. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Solarworld Energy Solutions ranks 2 of 5 Solar EPC companies on the 4-Factor Sector Score, with 47.0 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Solar EPC, all 5 compared on one page.

Solarworld Energy Solutions is the 5th largest of 5 Solar EPC companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Waaree Renewable Technologies, Sterling & Wilson Renewable Energy, Oriana Power and KP Green Engineering. It is the smallest.

Solar EPC companies close in size

1. Waaree Renewable Technologies Ltd ₹7,247 crore
2. Sterling & Wilson Renewable Energy Ltd ₹3,175 crore
3. Oriana Power Ltd ₹2,344 crore
4. KP Green Engineering Ltd ₹1,402 crore
5. Solarworld Energy Solutions Ltd ₹911 crore

All 5 Solar EPC companies, largest first

Companies close in size in other industries

1660. Apex Frozen Foods Ltd ₹914 crore · FMCG - Shrimp
1661. Vinsys IT Services India Ltd ₹914 crore · Computer Education
1662. Solarworld Energy Solutions Ltd ₹911 crore
1663. Borosil Scientific Ltd ₹905 crore · Glass & Glass Products
1664. Dam Capital Advisors Ltd ₹905 crore · Finance - Investment Bankers

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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