Solar company-Australian Premium Solar (India) Ltd Commences Commercial Production of New 400 MW TopCon Solar Module Line
DSIJ Intelligence-1 / 31 Oct 2025/ Categories: Mindshare, Trending
The shares of the company have an ROE of 58 per cent and an ROCE of 71 per cent.
Solar-india-ltd-312082">Australian Premium Solar (India) Limited (APS), a prominent Indian solar solutions provider, has announced the start of commercial production at its new 400 MW TopCon Solar Module manufacturing line in Sabarkantha, Gujarat. This significant achievement follows successful production trials and immediately boosts APS's total solar module capacity to 800 MW. The new facility is equipped with state-of-the-art, high-efficiency production machinery, solidifying APS's status as one of India's few fully integrated manufacturers capable of producing advanced TopCon modules. This initial 400 MW line is the first step in a strategic expansion, with plans for another 400 MW line to be operational by April 2026. This combined expansion aims to help APS meet the increasing domestic and global demand for high-efficiency solar technology across both large-scale utility and distributed solar projects.
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In addition to the manufacturing milestone, the company's board has also considered, approved, and declared an Interim dividend of Rs 0.10 (Ten paisa only) per equity share of Rs 10 each. Shareholders eligible for this payment will be determined based on the Record Date, which has been set for Friday, November 07, 2025. This declaration of a dividend underscores the company's operational strength and commitment to delivering value to its shareholders, complementing the strategic growth demonstrated by the new TopCon manufacturing capacity.
About the Company
Established in 2013, Australian Premium Solar (India) Limited is a leading indigenous solar solutions provider specialising in the manufacturing of Monocrystalline and Topcon solar modules, along with offering EPC services for diverse applications. Drawing on the founders' extensive international experience in the solar industry, the company develops and produces high-quality, locally-manufactured solar products tailored to various sectors, including residential, commercial, industrial, and agricultural markets. As an ISO 9001-certified organisation, APS adheres to rigorous quality standards, ensuring reliability and excellence in every product. The company partners with esteemed firms to supply solar panels for critical applications across industries, underscoring its commitment to innovation and advancing renewable energy solutions.
Results: According to half-yearly results, the net sales increased by 85 per cent to Rs 302.47 crore and net profit increased by 119 per cent to Rs 28.60 crore in H1FY26 compared to H1FY25. In its annual results, the company reported net sales of Rs 438.88 crore and net profit of Rs 40.10 crore.
The company have a market cap of over Rs 980 crore. The shares of the company have an ROE of 58 per cent and an ROCE of 71 per cent. The stock is up 44.32 per cent from its 52-week low of Rs 345 per share.
Disclaimer: The article is for informational purposes only and not investment advice.