Shares surged over 4% after two major rooftop solar project orders worth ₹26.62 crore were secured from NVVN. Backed by strong revenue growth, robust margins, and a healthy order pipeline, the company shows promising growth potential for FY26.
The shares of the leading solar energy company gained up to 4.3 percent in today’s trading session after the company secured two significant work orders from NTPC Vidyut Vyapar Nigam Limited worth Rs 26.62 crore.
With a market capitalization of Rs 833.98 crore, the shares of Solarium Green Energy Ltd were trading at Rs 400.00 per share, increasing around 3.59 percent as compared to the previous closing price of Rs 386.15 apiece.
The shares of Solarium Green Energy Ltd have seen bullish movement after securing a major work order worth approximately Rs 12.99 crore from NTPC Vidyut Vyapar Nigam (NVVN). This contract, dated July 24, 2025, is for the development of a 3319 kW rooftop solar project at various sites in India’s Northeastern States under the Ministry of Home Affairs.
Additionally, the company bagged a second order from NVVN on the same day, valued at about Rs 13.63 crore. This project entails developing a 3443 kW rooftop solar project, also for the Ministry of Home Affairs in the Northeast. Together, these two exclusive-of-GST orders total over Rs 26.62 crore for the company
Also read: 4 Smallcap stocks in which Ashish Dhawan acquired fresh stake of up to 4.09% to keep on your radar
Looking forward to the company’s financial performance, revenue increased by 80 percent from Rs 82 crore in H1FY25 to Rs 148 crore in H2FY25. Further, during the same time frame, net profit increased by 38 percent from Rs 8 crore to Rs 11 crore.
The company’s outlook is strong. Management expects to continue its growth trajectory, backed by an order book that implies revenue visibility of over ₹363 crore for FY26. They also anticipate maintaining a healthy 11-13% EBITDA margin despite competition and expansion costs.
Solarium’s order book shows significant potential. The company has an unexecuted order book of ₹120 crore carried forward to FY26. Furthermore, it has secured the lowest bidder (L1) position for projects valued at approximately ₹243 crore, for which work orders are currently pending, and is actively bidding for tenders worth around ₹44 crore
Solarium Green Energy is a provider of turnkey solar solutions, covering designing, engineering, procurement, construction, testing, commissioning, operation, and maintenance (O&M) of solar power plants.
Written by Abhishek Singh
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
