Synopsis:
Ace investor Mukul Mahavir Agrawal acquired a fresh 2.88 percent stake (6 lakh shares) in Solarium Green Energy Limited, as per the latest September (Q2) BSE shareholding disclosure.
During Friday’s trading session, shares of a solar energy company specialising in integrated solar solutions and turnkey services surged nearly 9 percent, after ace investor Mukul Agrawal’s name appeared in the September (Q2) shareholding pattern.
At 10:50 a.m., the shares of Solarium Green Energy Limited were trading in the green at Rs. 354.8 on BSE, up by around 7.6 percent, as against its previous closing price of Rs. 329.85, with a market cap of Rs. 740 crores.
The stock has delivered positive returns of around 37 percent in the last six months, but has fallen by over 4 percent in one month. Solarium Green Energy made a decent debut on the BSE SME on 13th February 2025, opening at Rs. 202 – about 6 percent above its issue price of Rs. 191.
What’s the News
According to the latest September (Q2) shareholding data available on the BSE, ace investor Mukul Mahavir Agrawal has appeared in the public shareholding of Solarium Green Energy Limited. As per the disclosure, he holds a 2.88% fresh stake, or 6 lakh equity shares in the company.
In a notable development, on 27th September, the company secured an order worth a total of around Rs. 18.77 crores under the Rooftop Solar PV Projects across multiple states, with a total capacity of 5,996 kW.
The largest notification of award pertains to a 5,546 kW Rooftop Solar Project at GAIL-Raigad, Maharashtra, awarded by NTPC Vidyut Vyapar Nigam Limited (NVVN), under NVVN’s tender for the “Selection & Discovery of L1 Rates for Rate Contract for EPC of Grid Connected Rooftop Solar PV Projects (Above 1000 kW) across India.”
Financials & More
Solarium Green reported a significant growth in its revenue from operations, showing a year-on-year increase of around 30 percent from Rs. 177 crores in FY24 to Rs. 230 crores in FY25. Likewise, its net profit increased during the same period from Rs. 16 crores to Rs. 19 crores, representing a rise of nearly 19 percent YoY.
As of May 2025, the company holds an unexecuted order book of Rs. 120 crore, which will be carried forward to FY26. Additionally, it has L1 status for projects worth nearly Rs. 243 crore, with work orders yet to be issued, and is actively participating in tender bids valued at around Rs. 44 crore.
Solarium Green Energy Limited, a leading provider of turnkey solar solutions, is primarily engaged in offering a complete range of services such as design, engineering, procurement, testing, installation, commissioning, and full-scale operation and maintenance (O&M). It also distributes a variety of solar products, such as PV modules, inverters, and Availability Based Tariff (ABT) meters.
Additionally, the company also provide solutions for solar pumps, solar streetlights, and floating solar systems, highlighting versatility in delivering diverse solar solutions.
Written by Shivani Singh
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