Australian Premium Solar FY26: Scale-Up Year, Higher Capacity, And A Sharper Growth Mix
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Frequently Asked Questions
FY26 total income was 708.74 crore, compared with 441.14 crore in FY25.
FY26 EBITDA was 95.60 crore and PAT was 57.87 crore.
FY26 revenue bifurcation disclosed: Wholesale 334.15 crore, Pumps 305.99 crore, Retail 67.80 crore.
Management attributed the increase mainly to the solar pump segment, which has a 90 to 120 day payment cycle; pump receivables formed the majority of FY26 receivables.
APS commissioned a 400 MW TOPCon line after trial runs on October 28, 2025. The remaining 400 MW is expected to complete installation by July 2026, with commercial production expected by August 2026.
Management guided for 30 to 35 percent revenue growth for FY27 and indicated expectations of slightly better margins than FY26.
Management said APS is evaluating entry into Battery Energy Storage Systems and discussed a phased approach, with a more concrete timeline expected after finalizing staff and location.
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