Solarworld Energy Solutions earnings calls.

Solarworld Energy Solutions delivered a strong Q3 FY26 with 184% YoY revenue growthCurrent 184% vs previous available quarter 235%. to Rs 578.23Current reported value: 578.23. No comparable prior figure is available in the source record. crore, driven by robust EPC execution and new BESS order inflows. PAT grew 15% YoY to Rs 49.22 croreCurrent reported value: 15% YoY to Rs 49.22 crore. No comparable prior figure is available in the source record., though EBITDA margins compressed ~800bpsCurrent reported value: EBITDA margins compressed ~800bps. No comparable prior figure is available in the source record. to 12.8Current 12.8 crore vs previous available quarter 9.8 crore.% due to module line depreciation and elevated silver costs impacting panel manufacturing. The unexecuted order book stands at ~2,600 MWCurrent 2,600 MW. Reported change: +36% (from ~1,900 MW). (7 EPC + 2 BESS projects), with management targeting execution of ~20% in Q4 and the balance flowing into FY27. BESS manufacturing capacity of 3.44 GWhCurrent 3.44 GWh. Reported change: New (commenced Q3). is operational and has secured its first major BESPA order worth Rs 800+ crore from RUVNL. Solar cell line (1.2 GW) remains on track for June 2027. Management flagged near-term headwinds from grid curtailment, BESS pricing volatility (30% decline in recent tenders vs 20-25% cost increase for batteries), and silver price pressures but remains confident of exceeding Rs 1,500 crore revenue guidance for FY26. Key risks include execution delays on SJVN projects (land not received for 24 months), raw material cost volatility, and potential slowdown in pure solar tenders as discoms increasingly mandate BESS/storage pairing.