Solar Cells & Modules Industry — Sector Outlook & Stocks

The Solar Cells & Modules industry on FinBizNet covers 11 listed companies, with broker-view summaries, sub-industry segmentation, latest quarterly results and peer comparisons for each constituent.

Solar Cells & Modules industry at a glance

Listed companies11
Combined market cap₹69,021 Cr
Median P/E (profitable companies)8.2
Median return on equity42.3%
Companies with latest quarterly results10 of 11

Companies in the Solar Cells & Modules industry

CompanyMarket CapP/EROEQuarterly RevenueQuarterly Net ProfitQuarter
Premier Energies Ltd₹40,084 Cr26.342.3%₹2,632 Cr₹462 CrQ2 FY27
Fujiyama Power Systems Ltd₹11,059 Cr35.323.9%₹1,307 Cr₹133 CrQ2 FY27
Vikram Solar₹4,807 Cr9.821.3%₹1,563 Cr₹20 CrQ1 FY27
Saatvik Green Energy Ltd₹4,627 Cr12.242.1%₹903 Cr₹20 CrQ2 FY27
Websol Energy System Ltd₹2,874 Cr9.566.7%₹361 Cr₹80 CrQ2 FY27
Alpex Solar Limited₹1,691 Cr8.251.8%₹503 Cr₹39 CrQ1 FY27
Insolation Energy Ltd₹1,516 Cr7.628.2%₹741 Cr₹38 CrQ1 FY27
INDOSOLAR LIMITED₹813 Cr3.3150.6%₹156 Cr₹5 CrQ2 FY27
Solex Energy Limited₹625 Cr6.547.2%₹261 Cr₹8 CrQ1 FY27
Ganesh Green Bharat Limited₹499 Cr6.631.0%———
Australian Premium Solar (India) Limited₹426 Cr7.345.9%₹149 Cr₹14 CrQ2 FY26

Market data from the FinBizNet stock universe; quarterly figures in ₹ crore, parsed from each company's exchange filing (XBRL).

Frequently Asked Questions

Which stocks are in the Solar Cells & Modules industry?

FinBizNet tracks 11 listed companies in the Solar Cells & Modules industry, including Premier Energies Ltd, Fujiyama Power Systems Ltd, Vikram Solar, Saatvik Green Energy Ltd, Websol Energy System Ltd, Alpex Solar Limited, Insolation Energy Ltd, INDOSOLAR LIMITED, among others.

What are the largest Solar Cells & Modules companies by market capitalisation?

By market capitalisation, the largest Solar Cells & Modules companies are Premier Energies Ltd (₹40,084 Cr), Fujiyama Power Systems Ltd (₹11,059 Cr), Vikram Solar (₹4,807 Cr), Saatvik Green Energy Ltd (₹4,627 Cr), Websol Energy System Ltd (₹2,874 Cr).

What is the combined market capitalisation of the Solar Cells & Modules industry?

The 11 Solar Cells & Modules companies tracked on FinBizNet have a combined market capitalisation of about ₹69,021 Cr.

What is the median P/E ratio in the Solar Cells & Modules industry?

The median price-to-earnings ratio across 11 profitable Solar Cells & Modules companies is 8.2, and the median return on equity across the industry is 42.3%. Medians are shown for context only.

What does FinBizNet cover for the Solar Cells & Modules industry?

FinBizNet aggregates broker research, sub-industry breakdowns, quarterly results and peer-stock comparisons across the Solar Cells & Modules industry.