Onix Solar Energy Reports Q4 Results; Here’s the Details

DSIJ Intelligence/ 24 Apr 2026 /Categories: Mindshare, Quarterly Results, Trending

Onix Solar Energy Reports Q4 Results; Here’s the Details

Onix Solar Energy trading at Rs 1,021.75, up 2 per cent at 2:40 PM; Q4 PAT jumps 78.56 per cent QoQ and over 3,900 per cent YoY, with revenue rising 202 per cent YoY

✨ AI Powered Summary

The Indian equity markets are trading on a weak note on Friday, with the Nifty 50 at 23,920.60, down 252.45 points or 1.04 per cent as of 2:40 PM. Despite broader market weakness, stock-specific action continues. Amid this, Solar-energy-ltd-113119">Onix Solar Energy was trading at Rs 1,021.75, up Rs 20.00 or 2 per cent, following the announcement of its Q4FY26 financial results.

Every portfolio needs a growth engine. DSIJ’s Flash News Investment (FNI) provides weekly stock market insights and recommendations, tailored for both short-term traders and long-term investors. Download PDF Service Note Here

Onix Solar Energy Q4FY26 Results: QoQ and YoY Performance

Revenue from operations stood at Rs 70.30 crore in Q4FY26, compared to Rs 16.12 crore in Q3FY26, registering a strong growth of 335.89 per cent QoQ. On a YoY basis, revenue increased from Rs 23.27 crore, reflecting a growth of 202.07 per cent YoY. Total income came in at Rs 70.59 crore, compared to Rs 16.24 crore in the previous quarter.

Profit after Tax (PAT) stood at Rs 25.67 crore, compared to Rs 14.37 crore in Q3FY26, registering a growth of 78.56 per cent QoQ. On a YoY basis, PAT increased from Rs 0.64 crore, reflecting a sharp growth of 3,932.31 per cent YoY.

Profit before tax (PBT) stood at Rs 25.67 crore, compared to Rs 14.37 crore in Q3FY26, up 78.56 per cent QoQ, and increased from Rs 0.71 crore in Q4FY25, marking a growth of 3,537.47 per cent YoY.

Onix Solar Energy FY26 Annual Performance

For the full financial year FY26, revenue from operations stood at Rs 157.12 crore, compared to Rs 29.39 crore in FY25, registering a growth of 434.57 per cent YoY. Profit before tax stood at Rs 40.19 crore, compared to Rs 1.52 crore in FY25, marking a growth of 2,538.58 per cent YoY.

Profit after tax for FY26 came in at Rs 40.19 crore, compared to Rs 1.45 crore in FY25, reflecting a strong growth of 2,664.83 per cent YoY.

Margins and Cost Structure

Total expenses for Q4FY26 stood at Rs 44.92 crore, compared to Rs 1.86 crore in Q3FY26. The increase in expenses was primarily driven by higher purchase of stock-in-trade and operational expansion.

Purchase of stock-in-trade stood at Rs 104.01 crore, while other expenses came in at Rs 5.27 crore, reflecting scale-up in business activity during the quarter.

About Onix Solar Energy

Onix Solar Energy operates in the renewable energy sector, focusing on solar module products. The company is engaged in trading and distribution of solar-related products, catering to the growing demand for clean energy solutions. The company has seen rapid scale-up in operations during FY26, supported by increased activity in the renewable energy sector and expansion of its business operations.