Management proving latest updates and guidance in the below Investor connect:
Solex Energy Ltd. & Arihant Capital | Bharat connect conference – Rising Star September 2024
FY25 revenue guidance is 800cr, more than double from FY24. Also, the 1.5GW module line will be running on full capacity for Q4’25. By June next year, they are aiming to bring online the entire 4GW module capacity, and by mid CY26, the cell line should also begin which will be entirely captive for their own modules.
As per management, 4GW module line can translate to 4000cr of annual revenue runrate (given prices don’t fall). Their target is 9-11% margins. Cells will boost margins once available.
Disc: Invested and biased
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