Solar stock jumps 4% after reporting 123% YoY increase in net profit

Synopsis:
Australian Premium Solar (India) Limited Q1 revenue rose 86% to Rs. 153 Crores, and net profit grew 123 % to Rs. 14.6 Crores YoY.

The shares of a Small-Cap solar company, specializing in the manufacturing and supply of solar panels, specifically monocrystalline and polycrystalline solar panels, jumped upto 4 percent upon declaring Q1 results with a 123 percent rise in profit Year on Year (YoY).        

With a market capitalization of Rs. 1,140.91 crores on Wednesday, the shares of Australian Premium Solar (India) Limited jumped upto 4.4 percent, making a high of Rs. 579.00 per share compared to its previous closing price of Rs. 554.45 per share.

Australian Premium Solar (India) Limited, engaged in the manufacturing and supply of solar panels, specifically monocrystalline and polycrystalline solar panels, has announced its Q1 results as follows.

Its Revenue from operations rose by 86 percent YoY from Rs. 81.8 Crores in Q1FY25 to Rs. 153 Crores in Q1FY26, and it declined by 0.45 percent QoQ from Rs. 153.7 Crores in Q4FY25 to Rs. 153 Crores in Q1FY26.

Its Net Profit YoY rose by 123 percent from Rs. 6.54 Crores in Q1FY25 to Rs. 14.6 Crores in Q1FY26, and it declined by 5.8 percent QoQ from a profit of  Rs. 15.5 Crores in Q4FY25 to Rs. 14.6 Crores in Q1FY26. The earnings per share (EPS) for the quarter stood at Rs. 7.45, compared to Rs. 7.90 in the previous quarter.

The company appears fundamentally strong, with a P/E ratio of 23.08, lower than the industry average of 30.55, indicating potentially better value. It maintains a low debt-to-equity ratio of 0.19. Additionally, promoter holding is over 65%, suggesting strong confidence from the key stakeholders.

Over the past three years, the company has demonstrated consistent performance, with an average ROE of 15.21% and ROCE of 18.71%, showcasing efficient capital utilization. Its average revenue growth stands at 15.11%, while net profit has grown impressively at 31.52%.

Company Overview & Others

Australian Premium Solar (India) Limited was established in 2013, and it’s a homegrown solar solutions provider. The company manufactures Monocrystalline and Topcon solar modules and also offers EPC services. Its products and services cater to residential, commercial, industrial, and agricultural sectors.

The company has over 15 years of experience, the company has a manufacturing capacity of 600+ MW, and offers 25+ product variants. It has completed 12,000+ installations, including 2,300+ agricultural solar water pump (SWP) projects, and achieves 100% organic sales.

It operates in three key areas: manufacturing solar panels, providing EPC services, and offering related solar products. It manufactures Monocrystalline and N-Type Topcon panels, installs solar rooftops and pumps, and supplies solar inverters and water pumps.

Written by Sridhar J 

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.

The post Solar stock jumps 4% after reporting 123% YoY increase in net profit appeared first on Trade Brains.