SOLARWORLD share price, P/E, ROE & financials

On 6 Nov 2026, Solarworld Energy Solutions was priced at ₹108.97, or 8.0× trailing earnings, against an industry P/E of 15.5×, and the shares are 65% below their 52-week high. Sales and net profit grew 81% and 101% a year over 3 years, with ROCE of 19% and ROE of 21%. Debt is 0.30× equity. It is a small-cap company with a market cap of ₹944 Cr, ranked 16th of 27 Solar companies by market cap; the shares fell 64% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹110.28
Day high: ₹110.48
Day low: ₹107.71
Prev. close: ₹110.28
Volume: 1.5 L

Health check

2 good · 1 fair · 3 to check

ReturnsBehind
−64.3% over a year, better than 0 of 7 peers.
Price tagCheaper
P/E 8.0 vs industry 15.5.
GrowthStrong
Sales +80.9%, profit +101.0% a year over 3 years.
ProfitabilityAverage
ROCE 19.5% vs peer median 27.4%.
Balance sheetStretched
Debt 0.30× equity, interest covered 10.4×, Piotroski 3 of 9.
Red flags2 to check
Quarterly profit down 26.5% on a year ago.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Solar

26 listed peers. Screen the industry

Small cap

₹944 Cr, #16 of 27 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹1,476 Cr · profit ₹117 Cr

Market cap: ₹944 Cr; Small cap
P/E: 8.0; Industry 15.5
Price to book: 1.11; Peers 4.38
Dividend yield: 0.00%
ROE: 20.8%; Peers 29.9%
ROCE: 19.5%; Peers 27.4%
Debt to equity: 0.30; Debt ₹255 Cr
EPS (TTM): ₹13.67; Face value ₹5
OPM (TTM): 10.2%; Net margin 7.9%
Sales growth: +146.8%; Latest quarter vs a year ago
Profit growth: −26.5%; Latest quarter vs a year ago
Price to sales: 0.64; EV/EBITDA 4.2

Strengths

Return on equity of 20.8%.
Quarterly sales up 146.8% on a year ago.
P/E of 8.0 against an industry P/E of 15.5.

Risks to check

Quarterly profit down 26.5% on a year ago.
65% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Solarworld Energy Solutions

Solarworld Energy Solutions Limited engages in the design, engineering, procurement, construction, operation, and maintenance of solar power generating system and battery energy projects in India. It operates through Engineering, procurement, and construction contracts; and Manufacturing segments. The company provides end-to-end solutions for renewable energy projects under CAPEX and RESCO models. It also offers ground mount solar EPC services, rooftop…

Headquarters: Noida
Employees: 397
Sector: Technology
ISIN: INE0TY101024
Website: worldsolar.in

Price range

52 weeks

₹102.21₹308.50

Today

₹107.71₹110.48

Avg volume (3M): 2.8 L
1-year return: minus 64.3%
From 52-week high: minus 64.7%

Peers · Solar

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
WAAREEENERWaaree Energies	2,438.00	minus 0.46%	70,129	19.0	12.0	30.1%	19.9%	0.31	57.8%	minus 27.3%
PREMIERENEPremier Energies	890.00	plus 0.85%	40,316	22.5	17.4	27.4%	29.9%	0.86	76.2%	minus 15.3%
EMMVEEEmmvee Photovoltaic Power	251.31	minus 0.28%	17,399	12.1	9.7	34.5%	34.7%	0.25	102.7%	plus 14.5%
KARAMTARAKaramtara Engineering	375.70	minus 0.96%	12,091	52.8	27.7	18.1%	9.0%	0.91	40.4%	plus 6.7%
UTLSOLARFujiyama Power Systems	351.80	minus 9.21%	10,811	35.7	22.5	28.9%	18.8%	0.41	58.7%	plus 68.8%
BORORENEWBOROSIL RENEWABLES	403.20	minus 2.55%	5,934	13.4	12.1	9.5%	30.1%	0.07	20.2%	minus 37.6%
VIKRAMSOLRVikram Solar	142.39	plus 1.95%	5,160	14.1	6.0	20.5%	15.4%	0.20	32.3%	minus 56.6%
SOLARWORLDSolarworld Energy Solutions	108.97	minus 1.19%	944	8.0	7.1	19.5%	5.4%	0.30	80.9%	minus 64.3%
Median of 7 peers	–	−0.46%	12,091	19.0	12.1	27.4%	19.9%	0.31	57.8%	−15.3%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
68.2	138	578	592	168
59.4	123	512	534	157
8.8	15.2	65.8	58.1	11.1
12.9%	11.0%	11.4%	9.8%	6.6%
12.1	2.7	8.5	15.6	9.7
3.3	3.8	6.4	7.2	6
0.2	1.4	1.8	1.8	1.9
17.5	12.6	66.2	64.8	12.9
26.2%	26.5%	25.6%	24.3%	26.1%
12.9	9.3	49.2	49.1	9.5
1.49	1.24	5.68	5.66	1.09

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +80.9%
Profit CAGR 3Y: +101.0%
EPS CAGR 3Y: +105.9%
ROE: 20.8%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
232	501	545	1,376
–	+115.4%	+8.8%	+152.6%
211	430	435	1,210
21.7	71.2	110	165
9.3%	14.2%	20.2%	12.0%
3.2	4.9	4.9	20.2
5.1	6.1	5.4	17
0.2	0.4	0.2	5.2
−0.2	−1.1	−2.7	−2.1
19.3	68.4	107	161
23.2%	24.4%	27.7%	25.2%
14.8	51.7	77	120
–	+248.4%	+49.1%	+56.4%
1.71	5.96	8.89	14.95

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
0.3	0.3	37.1	43.3
21.6	73.3	272	804
64.7	61.1	115	255
33.8	20.3	174	585
120	155	598	1,688
1.2	0.9	142	193
–	–	104	48.7
0.2	–	0	7.5
17	22.6	78.5	28.6
102	131	274	1,410
120	155	598	1,688

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−7.1	7.2	53.9	−49.5
3.3	19.2	−273	−476
6.4	−10.3	210	538
2.5	16.1	−9.3	11.8
−1	−0.2	−152	−59.7
−8.1	7	−98	−109

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 8.6% (Yahoo estimate).

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you