Announcement
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 30 Sep - Subsidiary received domestic purchase order to supply 96,000 solar panels worth Rs. 78.75 crore.
Source: Bse
Solarworld Energy Solutions Limited (SOLARWORLD)
Small CapPower stocks · Small cap · NSE
Solarworld Energy Solutions Limited operates in Solar EPC, within the Power sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result14 Aug, 05:20 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags04 Jun 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Power P/E 16.8 (n=92)
Technical timing lens
Trend score and candlestick chart
24Bearishfull bear SMA stack · SMA20 -10.0% / mo · MACD + · near 52W low
Stock trend: 24
Sector RS: —
Power FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
SOLARWORLDD candles · FIT view-37.6%Latest close ₹121.73 on 2026-10-19
Bar
-3.2%
RSI
34
MACD hist
0.44
52W pos
0%
2026-10-19O ₹125.79H ₹125.81L ₹121.05C ₹121.73Vol 1.1L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
SOLARWORLDNifty PowerNifty 500
- SOLARWORLD
- -39.6%
- Nifty 500
- -5.6%
- Nifty Power
- -13.0%
- Vs Nifty 500
- -34.1 pp
Chart stats
19 Oct 2026- From 52W high
- -65.2%
- 52W range position
- 0%
- ATR (14)
- 4.9%
- Volume vs 20D
- 0.42x
- Avg traded value
- ₹3.3 Cr
- 20D price channel
- ₹121.1 - ₹144.9
₹350
₹121.1 - ₹350
₹6
Latest completed session
20-session average
43.5% annualized volatility
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Good U-Score but weak results consistency: verify latest quarters.
Suggested next step
Add to watchlist
Fundamental setup is interesting, but technical confirmation is weak.
U-Score
Legacy · UNDERVALUED72
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue +146.8% · PAT -26.4% YoY
Technical
Bearish24
Price trend and sector-relative-strength timing.
Valuation
Legacy model+64.2%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence63
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100PAT -26% YoY · margin compression · Rev +147% YoY
Filed 14 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹168.4 Cr | +146.8% | -71.5% |
| EBITDA | ₹11.1 Cr | +28.0% | -81.0% |
| Operating margin | 6.6% | -609 bps | -326 bps |
| PAT | ₹9.5 Cr | -26.4% | -80.6% |
| PAT margin | 5.6% | -1328 bps | -265 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 9.18
- P/B
- 1.27
- EV/EBITDA
- 8.52
- Market Cap
- 1074.00Cr
Profitability
- ROE
- 20.80%
- ROCE
- 23.80%
- ROA
- 6.93%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 32.00%
- EPS 5Y
- 32.00%
- Revenue 3Y
- 64.00%
- EPS 3Y
- 80.00%
Balance Sheet
- Debt/Equity
- 0.30
- Interest Coverage
- 6.48×
- Altman Z
- 2.78
- Book Value
- 97.80
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 1/5
- OCF
- -50.00 Cr
- EPS TTM
- 13.51
Shareholding
- Promoter Hold
- 65.77%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 0%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 1,376+152.5% vs prev
Net Profit
₹ CrLatest: 120+55.8% vs prev
Return on Equity
%Latest: 14.2-43.1% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 34.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~11.2% over last month) — short-term momentum negative.
- RSI(14) at 34 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
3
RS percentile
Stage 4 Downtrend
1M return
-8.9%
3M return
-39.6%
6M return
-39.2%
1Y return
-59.4%
RS 1D
0
RS 20D
-16
Sector rank
#11
Industry rank
-
Stage evidence
- Price is 30.6% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -3.5%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
260 observations
19 Oct 2026Value 38.81-2.07%
RS vs Nifty 50039
Valuation & peers
U-Score 72 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 72 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Top Setup
Fundamental score breakdown
U band · UNDERVALUEDValuation25/30
Growth22/25
Quality12/20
Balance Sheet10/15
Cash Flow0/10
Piotroski
6/9 (+3)
Penalties
0
Raw sum
72
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
72/100 · legacy band UNDERVALUED
Positive drivers
- Fair-value margin of safety is positive at 64.2%.
- Growth contributes 22/25 to the score.
- Valuation contributes 25/30 to the score.
Main drags
- Cash flow is weaker at 0/10; verify the latest quarterly trend.
- Quality is weaker at 12/20; verify the latest quarterly trend.
- Balance sheet is weaker at 10/15; verify the latest quarterly trend.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
9.2
PB
1.3
EV/EBITDA
8.5
ROE
20.8%
ROCE
23.8%
FCF Yield
—
Debt/Equity
0.3
MoS
+64.2%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
72
Previous: 73 (-1)
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+64.2%
Previous: +65.5%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
73
73
73
73
73
73
73
73
73
73
73
73
Factor attribution
Valuation
25-1
was 26
Modelled fair value
Graham Number
₹172.42
+29.4% MoS
Growth-justified P/E
25.1
Growth-justified Value
₹339.51
+64.2% MoS
PEG
0.18
Comparable companies
Peers
Business-comparable peers in Power — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
ZODIAC
Small
Zodiac Energy Limited
Solar EPC
match 227
54
12.8
18.7%
+55%
FAIR VALUE
SURANASOL
Small
Surana Solar Limited
Solar EPC
match 227
29
18.5
-1.9%
+12%
OVERVALUED
GGBL
SME
Ganesh Green Bharat Ltd.
Solar EPC
match 210
89
7.0
31.0%
+81%
DEEP VALUE
WAAREERTL
Micro
Waaree Renewable Technologies Limited
Solar EPC
match 202
72
18.1
68.3%
+54%
UNDERVALUED
SWSOLAR
Micro
Sterling and Wilson Renewable Energy Limited
Solar EPC
match 200
51
16.8
40.1%
+25%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Solarworld Energy Solutions Limited operates in Solar EPC, within the Power sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
63Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 38th percentile of the scored universe and 41st percentile within Power. Main check: cash conversion is weak at 28/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
20 docs text-extracted · 6 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
38th percentile
overall median 67 · Power: 41st pctile, median 65 · Small: 43rd pctile, median 66
Evidence depth
Financial-only
20 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
28
weak · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
80
strong · capital discipline
Results
43
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 65.8%.
- ▸Promoter pledge is zero.
- ▸ROCE is 23.8%.
- ▸3/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Operating cash flow is negative at ₹-5 Cr.
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸Only 1 years of positive FCF.
- ▸ROCE trend is -20.2%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Solarworld Energy Solutions Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementSep 2026
Sep 2026 · Announcement Under Regulation 30 (LODR) 18 Sep - Subsidiary received GST show-cause notice proposing ₹1.22 crore penalty; hearing on September 24, 2026.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement Under Regulation 30 (LODR)- Update On Litigation 23 Sep - Uttarakhand tax appeal allowed on Sept. 23, 2026; ₹1.22 crore penalty against subsidiary annulled.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement Under Regulation 30 Of The SEBI (LODR) Regulations, 2015- Litigation 21 Sep - Subsidiary faces ₹1.22 crore GST penalty; appeal filed, hearing on September 22, 2026.
Source: Bse
Announcement
Announcement Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 18 Sep - DAB awards ₹13.77 crore and ₹26.50 crore in GUVNL Phase XIII/XIV disputes.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Sep - Newspaper Publication of Form PAS-1 regarding proposed variation in terms of objects as stated in the prospectus.
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
Investor presentationJun 2026
Jun 2026 · PPT
Source: Bse
Concall transcriptJun 2026
Jun 2026 · Transcript
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 26 May - FY26 audited results: income ₹14,161 million, PAT ₹1,205 million; 1.552GW module facility commissioned, order book ₹28,130 million.
Source: Bse
Announcement
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 14 May - Postal ballot seeks approval for 4 independent directors, MOA changes, and related-party transactions up to Rs. 640 crore.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.