Solarium Green Energy Limited

Solarium Green Energy Limited

BBSE:SOLARIUM
106.45
INR
+2.15
(+2.06%)
2.85BMarket Cap
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
80.27
47.38
85.08
144.21
175.6
- -
Basic EPS, GAAP
0.98
0.83
7.55
11.65
9.76
- -
Free Cash Flow per Basic Share
1.83
-2.32
-0.38
-39.61
-34.21
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
1.44
2.27
9.84
67.85
77.93
77.93
Tangible Book Value per Share
1.4
2.24
9.82
67.83
77.31
77.31
Basic Weighted Avg Shares
21
21
21
16
21
21
Sales/Revenue/Turnover
1,674
988
1,774
2,301
3,682
- -
Operating Margin (%)
2.17
4.61
13.29
11.01
8.08
- -
Depreciation Expense
10
16
8
9
11
- -
Net Income, GAAP
21
17
157
186
205
- -
Effective Tax Rate (%)
39.3
42.9
26.51
17.57
22.9
- -
Profit Margin (%)
1.23
1.76
8.87
8.08
5.56
- -
Working Capital
35
73
163
1,310
1,057
1,057
LT Debt
79
124
91
3
394
394
Total Equity
30
47
205
1,415
1,626
1,626
Return on Invested Capital (%)
- -
10.63
38.86
15.35
9.43
- -
Return on Capital (%)
- -
9.47
41.46
16.08
10.24
- -
Return on Common Equity (%)
- -
44.93
124.61
22.95
13.46
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
677
1,101
1,174
LT Borrowings
3
68
394
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
21
21
21
Market Capitalization
4,970
7,014
2,850

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
2,234
2,821
3,580
Cash, Cash Equivalents & STI
770
802
904
Accounts Receivable, Net
909
1,158
1,526
Inventories
380
530
997
Total Current Liabilities
925
1,389
2,523
Payables & Accruals
- -
- -
- -
ST Debt
677
1,101
1,174
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
14.96%
Free Cash Flow
- -
- -
13.49%
Net Income, GAAP
- -
- -
10.1%
Sales/Revenue/Turnover
- -
- -
60.01%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,774
2025
- -
- -
2,301
2026
- -
- -
3,682

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
7.55
2025
- -
- -
11.65
2026
- -
- -
9.76

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Ankit Garg
Full Time Employees
415
Sector
Electronic technology
Industry
Semiconductors
Address
Gurugram India
IPO Date
Feb 13, 2025
Business
Solarium Green Energy Limited is an India-based turnkey solar energy solutions provider specializing in engineering, procurement, and construction (EPC) services and the distribution of solar power equipment. Founded in 2018 and headquartered in Ahmedabad, Gujarat, India, the company provides end-to-end solar photovoltaic (PV) power solutions across residential, commercial, industrial, agricultural, and institutional sectors. Solarium Green Energy Limited offers a comprehensive portfolio of products and services that includes turnkey EPC solutions for grid-connected, off-grid, and hybrid solar power plants; design, engineering, procurement, and commissioning of rooftop solar PV systems for residential and commercial-industrial (C&I) clients; development and construction of ground-mounted solar power projects and captive power plants; agricultural solar solutions, including solar photovoltaic water pumping systems and decentralized solar installations under government renewable energy programs such as the PM-KUSUM scheme; floating solar PV systems; solar street lighting and microgrid solutions; supply and distribution of solar PV modules, solar on-grid and off-grid inverters, module mounting structures, balance of systems (BOS), and electrical balance of plant (eBoP) equipment; and long-term operation and maintenance (O&M) services, encompassing remote performance monitoring, predictive maintenance, module cleaning, and asset optimization. The company serves public sector undertakings, government agencies, utility providers, commercial enterprises, industrial manufacturers, agricultural cooperatives, and retail consumers across Indian states such as Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, and Uttar Pradesh. In recent developments, Solarium Green Energy Limited completed its corporate transition from a private entity to a public limited company and launched its initial public offering (IPO) for listing on the BSE SME platform to support working capital requirements and business expansion. Additionally, the company has secured major turnkey EPC contracts for utility-scale and commercial-industrial installations, expanded its agricultural solar water pump deployment footprint, strengthened strategic supply alliances with Tier-1 photovoltaic module and inverter manufacturers, and scaled its dedicated O&M service division to manage its expanding portfolio of commissioned solar assets.