Solex Energy secures order worth ₹181 crore
Solex Energy (SOLEX) said it has received an order valued at ₹181 crore. The company is valued at about ₹725 crore.
What happened
Solex Energy (SOLEX) told the exchanges on 6 October 2026 at 12:20 PM that it has received an order valued at ₹181 crore.
From the filing: "The work order is for the supply of TopCon Bifacial G2G Solar PV Modules aggregating to a total order value of ₹180.98 crore (Rupees One Hundred Eighty Crore and Ninety-Eight Lakh Only), inclusive of applicable taxes."
How big is it?
At ₹181 crore, the order is equal to about 25.0% of the company's market value of ₹725 crore and 11.2% of its revenue over the last four reported quarters (₹1,619 crore).
That is a meaningful addition relative to the company's annual revenue.
Company snapshot
Solex Energy is a micro-cap company, with a market value of about ₹725 crore.
The stock last traded at ₹671, against a 52-week range of ₹651.2–₹1,985 (66.2% below the high).
Before this filing the shares had moved −5.9% over the month and −34.8% over three months. Average daily turnover over the last 20 sessions was about ₹6.86 crore.
Promoters held 66.15% at the end of Q1 FY27. Foreign institutions owned 0.07% and domestic institutions 0.51%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q4 FY25 | 389 | 29 | 26.84 |
| Q2 FY26 | 155 | 5.8 | 27.2 |
| Q3 FY26 | 318 | 8.7 | 8.07 |
| Q4 FY26 | 886 | 57.9 | 53.61 |
| Q1 FY27 | 261 | 8 | 7.39 |
What history shows
This is not the company's first order win disclosure: BCEIE has 8 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.5% on average the next trading day and was down 6.0% on average after five days (5 filings with price data).
Market-wide, 1,884 order win filings with an impact score of 50 or more saw an average next-day move of +0.8%, with 53% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 3 Sept 2026 | Bagging/Receiving of orders/contracts | +1.7% | −1.1% |
| 13 Aug 2026 | Bagging/Receiving of orders/contracts | −2.2% | −14.1% |
| 13 Aug 2026 | Bagging/Receiving of orders/contracts | −2.2% | −14.1% |
What to watch
- Execution progress and revenue recognition from this order in the coming quarters.
In the news
Recent coverage elsewhere (links open the original publisher):
- Solex Energy Secures ₹75.96 Crore TOPCon and ₹13.16 Crore Bifacial Solar Orders
- Solex Energy Secures Rs. 75.96 Cr Work Order For 620 Wp N-Type TOPCon Solar Modules
- Is Now The Time To Put Solex Energy (NSE:SOLEX) On Your Watchlist?
- Solex Energy Hits Day High on Rs 75.96 Cr Solar Order
- Solex Energy shares jump over 13% on strong FY28 revenue growth target; stock up 9% in five sessions
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.