Australian Premium Solar

Ahmedabad, India Founded: 2013 • Age: 13 yrs Listed
Solar panels and renewable energy products are manufactured.
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About Australian Premium Solar

Australian Premium Solar is a publicly listed company based in Ahmedabad (India) founded in 2013 by Nikunj Patel. Solar panels and renewable energy products are manufactured. The company has 446 employees. Its chief executive, as recorded, is Nikunj Patel. Its website australianpremiumsolar.co.in draws about 19 thousand monthly visits. Its Indian entity Australian Premium Solar (India) Limited reported revenue of ₹709 Cr. Australian Premium Solar offers products and services including Solar Panels, Monofacial Solar Panels, Bifacial Solar Panels, Topcon Solar Panels, and Grid Tied Inverters. Its focus areas include Energy, Solar Energy, Solar Products and Multi-Products. Its competitors include Borosil Renewables, Servoteh and Nessa; 1 of its 3 listed competitors has raised funding.

Company details

Australian Premium Solar was founded in 2013 in Ahmedabad, India, within the renewable energy sector. Solar panels, inverters, rooftop solar systems, and solutions for solar power plants are produced by the company. Operations focus on manufacturing these products to support solar energy adoption. The domain australianpremiumsolar.co.in is utilized, with Nikunj Patel serving as founder and CEO.

  • Headquarters Ahmedabad, India
  • Employees 446
  • Founders Nikunj Patel
  • Stage Public
  • Sectors
    Energy & Utilities
  • Website category Finance · Investing
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website australianpremiumsolar.co.in
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Australian Premium Solar (India) Limited
Operational Areas
Energy & Utilities → Renewable & Sustainable Energy
Key Metrics
  • Market Cap
    ₹446 Cr

    APS-SM · NSE

  • Share Price
    ₹205.50

    -7.10% today

  • Revenue
    ₹708 Cr

    FY 2025-26 · +61.3% YoY

  • EBITDA
    ₹94.82 Cr

    Margin 13.4%

  • Net Profit
    ₹57.86 Cr

    FY 2025-26 · +44.4% YoY

  • P/E (TTM)
    7.3x

    P/B 2.6x

  • Employee Count
    446

Products & Services of Australian Premium Solar

Australian Premium Solar offers a comprehensive portfolio of products and services, including Solar Panels, Monofacial Solar Panels, Bifacial Solar Panels, Topcon Solar Panels, and Grid Tied Inverters.

Solar Panels
Renewable Energy Products

High-efficiency panels for residential and commercial use.

Monofacial Solar Panels
Solar Technology

Panels designed for optimal energy conversion in various conditions.

Bifacial Solar Panels
Solar Technology

Dual-sided panels that capture sunlight from both sides.

Topcon Solar Panels
Advanced Solar Products

High-performance panels with enhanced efficiency.

Grid Tied Inverters
Energy Conversion

Inverters for integrating solar systems with the grid.

Solar Water Pumps
Agricultural Solutions

Pumps powered by solar energy for water supply.

Apps and channels of Australian Premium Solar

its YouTube channel AUSTRALIAN PREMIUM SOLAR has 996 subscribers and 30 videos.

AUSTRALIAN PREMIUM SOLAR
YouTube 996 subscribers 30 videos Howto & Style
Open channel

Videos from Australian Premium Solar

The most watched videos on Australian Premium Solar's YouTube channel, AUSTRALIAN PREMIUM SOLAR (996 subscribers). Click a video to play it here.

Aps Factory Video
8.8K views
How to Claim and Issue DCR Certificates A Step by Step Guide for Distributors and Resellers English
7.7K views
Aps Installation Video
3.9K views
Parth Trivedi APS Customer
3.2K views

More on AUSTRALIAN PREMIUM SOLAR.

Board of directors of Australian Premium Solar (India) Limited (Australian Premium Solar)

Australian Premium Solar (India) Limited is the primary company behind Australian Premium Solar. The board of Australian Premium Solar (India) Limited currently have 5 directors; the longest-serving is Chimanbhai Ranchhodbhai Patel, appointed in 2013. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Chimanbhai Ranchhodbhai Patel
DIN 06563988
Director23 May 201313 yrs 5 moAustralian Premium Solar (India) Limited
Dhavalkumar Jayeshkumar Suthar
DIN 07556437
Whole-time director12 Jun 20206 yrs 4 moAustralian Premium Solar (India) Limited
Chetan Babaldas Patel
DIN 00446745
Director19 Jul 20233 yrs 3 moAustralian Premium Solar (India) Limited
Nikunjkumar Chimanlal Patel
DIN 07834023
Director07 Aug 20233 yrs 2 moAustralian Premium Solar (India) Limited
Anupriya Tripathi
DIN 10272446
Director07 Aug 20233 yrs 2 moAustralian Premium Solar (India) Limited

People of Australian Premium Solar

1 people are tracked at Australian Premium Solar (1 in leadership); the tracked headcount is 446.

NameRoleGroup
Nikunj Patel
Founder & CEOLeadership
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Complete people profiles for Australian Premium Solar

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IPO & Listings of Australian Premium Solar

Australian Premium Solar is a publicly listed company on the NSE with ticker symbol APS in India, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date18 Jan 2024
  • Listed onNSE: APS
  • Listed entityAustralian Premium Solar (India) Limited
  • Exchange sectorElectronic technology
  • ISININE0P0001010
  • Share price₹223.55 (+3.71% on the day) · 2026-10-14
  • Market capitalisation₹435 Cr
  • Price to earnings15.1
  • Volume (last session)9,500

Financials of Australian Premium Solar

Exchange-reported figures of Australian Premium Solar (India) Limited, the listed company behind Australian Premium Solar (NSE: APS-SM).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹708 Cr
+61.3% YoY
EBITDA
₹94.82 Cr
+66.9% YoY
Profit After Tax
₹57.86 Cr
+44.4% YoY
Net Worth
₹164 Cr
+86.3% YoY
Total Assets
₹209 Cr
+116.7% YoY
Total Debt
₹45.15 Cr
+435.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25
Income statement
Revenue708439
Revenue growth+61.3%-
EBITDA94.8256.80
EBITDA margin+13.4%+12.9%
Profit before tax81.4553.61
Net profit57.8640.08
Net profit margin+8.2%+9.1%
EPS (₹)28.7020.31
Balance sheet
Total assets20996.67
Net worth16488.15
Total debt45.158.43
Cash & bank34.5030.21
Net working capital14768.55
Cash flow
Cash from operations(5.06)24.40
Cash from investing(45.35)(13.77)
Cash from financing54.70(1.03)
ParticularsSep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
Revenue14915315412181.8881.8837.4237.42
Revenue growth (YoY)+82.4%+87.0%+310.8%+224.5%----
Other income0.350.121.330.450.240.240.160.16
EBITDA21.6221.2020.3916.369.519.512.342.34
EBITDA margin+14.5%+13.8%+13.3%+13.5%+11.6%+11.6%+6.3%+6.3%
Depreciation2.481.091.220.980.890.890.370.37
Interest1.240.320.390.590.110.110.070.07
Profit before tax18.2519.9120.1115.248.758.752.062.06
Tax4.355.224.513.832.212.210.530.53
Net profit13.9014.6915.6011.416.546.541.531.53
EPS (₹)0.007.457.905.783.313.310.000.78
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue68943315194.7498.1274.1649.69
Revenue growth+59.1%+186.3%+59.6%-3.4%+32.3%+49.3%-
EBITDA92.5555.849.476.025.263.622.53
EBITDA margin+13.4%+12.9%+6.3%+6.4%+5.4%+4.9%+5.1%
Profit before tax79.2552.658.254.573.652.401.66
Net profit56.5139.126.153.312.691.791.22
Net profit margin+8.2%+9.0%+4.1%+3.5%+2.7%+2.4%+2.5%
EPS (₹)28.0319.823.121,652.331,352.40900.55608.92
Balance sheet
Total assets20695.1757.5916.8414.3011.867.91
Net worth16287.2648.0814.6211.138.476.68
Total debt43.617.919.512.232.993.291.23
Cash & bank33.8729.4420.614.773.582.070.79
Net working capital14366.9439.8210.716.262.953.30
Cash flow
Cash from operations(3.94)24.29(5.34)2.532.675.05-
Cash from investing(45.31)(13.91)(13.42)(2.74)(0.57)(5.57)-
Cash from financing53.68(1.55)34.60(1.18)(0.59)1.81-
ParticularsSep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
Revenue14915214812181.7981.7937.4237.42
Revenue growth (YoY)+81.7%+86.0%+296.1%+223.4%----
Other income0.340.121.310.450.240.240.160.16
Total expenses12713112910572.2672.2635.0835.08
EBITDA21.2820.8019.4516.309.539.532.342.34
EBITDA margin+14.3%+13.7%+13.1%+13.5%+11.7%+11.7%+6.3%+6.3%
Depreciation2.481.091.220.980.890.890.370.37
Interest1.260.300.390.590.110.110.070.07
Profit before tax17.8819.5319.1515.188.778.772.062.06
Tax4.215.084.523.822.212.210.530.53

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 01 Nov 2026
ParticularsSep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
Revenue14915315412181.8881.8837.4237.42
Revenue growth (YoY)+82.4%+87.0%+310.8%+224.5%----
Other income0.350.121.330.450.240.240.160.16
EBITDA21.6221.2020.3916.369.519.512.342.34
EBITDA margin+14.5%+13.8%+13.3%+13.5%+11.6%+11.6%+6.3%+6.3%
Depreciation2.481.091.220.980.890.890.370.37
Interest1.240.320.390.590.110.110.070.07
Profit before tax18.2519.9120.1115.248.758.752.062.06
Tax4.355.224.513.832.212.210.530.53
Net profit13.9014.6915.6011.416.546.541.531.53
EPS (₹)0.007.457.905.783.313.310.000.78
ParticularsFY 2025-26FY 2024-25
Revenue708439
Revenue growth+61.3%-
Other income0.782.26
Total expenses613382
Employee cost0.0011.83
EBITDA94.8256.80
EBITDA margin+13.4%+12.9%
Depreciation9.183.99
Interest4.971.46
Profit before tax81.4553.61
Tax23.5913.53
Net profit57.8640.08
Net profit margin+8.2%+9.1%
EPS (₹)28.7020.31
ParticularsFY 2025-26FY 2024-25
Equity & liabilities
Share capital20.1619.74
Reserves & surplus14468.41
Shareholders' funds (net worth)16488.15
Minority interest0.090.08
Secured loans35.567.60
Unsecured loans9.590.83
Total debt45.158.43
Total liabilities20996.67
Assets
Gross block87.0141.15
Net block66.8430.16
Capital work in progress0.000.00
Investments0.000.00
Inventories57.2350.96
Sundry debtors16942.83
Cash & bank balances34.5030.21
Loans & advances63.4457.36
Total current assets324181
Total current liabilities177113
Net working capital14768.55
Total assets20996.67
ParticularsFY 2025-26FY 2024-25
Opening cash30.2120.61
Net cash from operating activities(5.06)24.40
Net cash from investing activities(45.35)(13.77)
Net cash from financing activities54.70(1.03)
Net change in cash4.289.60
Closing cash34.5030.21
ParticularsFY 2025-26FY 2024-25
Growth
Sales growth+61.3%-
EBITDA growth+66.9%-
PBT growth+51.9%+9997.0%
Net income growth+44.4%-
Profitability & leverage
Net income margin+8.2%+9.1%
Return on capital employed-+57.0%
Return on net worth-+45.5%
Debt / equity-0.10
Long-term debt / equity-0.09
Interest cover5.802.76
Efficiency & per share
Fixed asset turnover-10.65
Inventory turnover-8.61
Debtors turnover-10.25
EPS (₹)28.7020.31
Dividend per share (₹)0.100.00
Book value per share (₹)0.0044.66
ParticularsSep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
Revenue14915214812181.7981.7937.4237.42
Revenue growth (YoY)+81.7%+86.0%+296.1%+223.4%----
Other income0.340.121.310.450.240.240.160.16
Total expenses12713112910572.2672.2635.0835.08
EBITDA21.2820.8019.4516.309.539.532.342.34
EBITDA margin+14.3%+13.7%+13.1%+13.5%+11.7%+11.7%+6.3%+6.3%
Depreciation2.481.091.220.980.890.890.370.37
Interest1.260.300.390.590.110.110.070.07
Profit before tax17.8819.5319.1515.188.778.772.062.06
Tax4.215.084.523.822.212.210.530.53
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue68943315194.7498.1274.1649.69
Revenue growth+59.1%+186.3%+59.6%-3.4%+32.3%+49.3%-
Other income0.732.250.640.400.210.280.16
Total expenses59637714288.7292.8670.5447.16
Employee cost0.0011.755.243.753.782.912.16
EBITDA92.5555.849.476.025.263.622.53
EBITDA margin+13.4%+12.9%+6.3%+6.4%+5.4%+4.9%+5.1%
Depreciation9.173.991.471.301.411.140.92
Interest4.861.450.390.550.410.360.11
Profit before tax79.2552.658.254.573.652.401.66
Tax22.7413.532.101.260.960.610.44
Net profit56.5139.126.153.312.691.791.22
Net profit margin+8.2%+9.0%+4.1%+3.5%+2.7%+2.4%+2.5%
EPS (₹)28.0319.823.121,652.331,352.40900.55608.92
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital20.1619.7419.740.020.020.020.02
Reserves & surplus14267.5228.3414.6011.118.456.66
Shareholders' funds (net worth)16287.2648.0814.6211.138.476.68
Secured loans34.547.609.171.852.602.890.83
Unsecured loans9.070.310.340.380.390.400.40
Total debt43.617.919.512.232.993.291.23
Total liabilities20695.1757.5916.8414.3011.867.91
Assets
Gross block86.9541.1526.2312.5410.9710.926.57
Net block66.7930.1619.156.936.668.024.80
Capital work in progress0.000.000.000.000.000.000.00
Investments0.130.120.000.001.440.850.17
Inventories47.1848.494.274.716.488.245.17
Sundry debtors17943.2516.479.722.842.764.87
Cash & bank balances33.8729.4420.614.773.582.070.79
Loans & advances58.6056.6819.8713.0313.1012.4910.02
Total current assets31917861.2232.2326.0025.5620.85
Total current liabilities17511121.4021.5219.7422.6117.55
Net working capital14366.9439.8210.716.262.953.30
Total assets20695.1757.5916.8414.3011.867.91
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash29.4420.614.773.582.070.79-
Net cash from operating activities(3.94)24.29(5.34)2.532.675.05-
Net cash from investing activities(45.31)(13.91)(13.42)(2.74)(0.57)(5.57)-
Net cash from financing activities53.68(1.55)34.60(1.18)(0.59)1.81-
Net change in cash4.438.8315.84(1.39)1.511.28-
Closing cash33.8729.4420.614.773.582.07-
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+59.1%+186.3%+59.6%-3.4%+32.3%+49.3%-
EBITDA growth+65.7%+489.7%+57.3%+14.5%+45.3%+43.1%-
PBT growth+50.5%+538.2%+80.5%+25.2%+52.1%+44.6%+9997.0%
Net income growth+44.5%+536.1%+85.8%+23.1%+50.3%+46.7%-
Revenue CAGR (3Y)+93.7%+64.0%+26.8%+24.0%---
EBITDA CAGR (3Y)+148.7%+119.8%+37.8%+33.5%---
Profitability & leverage
Net income margin+8.2%+9.0%+4.1%+3.5%+2.7%+2.4%+2.5%
Return on capital employed-+70.8%+23.2%+32.8%+31.0%+23.4%+22.4%
Return on net worth-+57.8%+19.6%+25.6%+27.6%+21.3%+18.3%
Debt / equity-0.130.190.200.330.390.18
Long-term debt / equity-0.120.180.140.270.310.18
Interest cover5.832.804.8811.6510.6514.526.83
Efficiency & per share
Fixed asset turnover-12.847.808.068.966.797.56
Inventory turnover-16.4133.6716.9313.339.009.61
Debtors turnover-14.5011.5515.0935.0426.8710.20
EPS (₹)28.0319.823.121,652.331,352.40900.55608.92
Dividend per share (₹)0.100.000.000.000.000.000.00
Book value per share (₹)0.0044.2024.367,311.565,565.954,235.503,341.73

Competitors of Australian Premium Solar

Australian Premium Solar has 3 listed competitors in our database, 1 of them funded. They include Borosil Renewables, Servoteh and Nessa.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Borosil Renewables
borosilrenewables.com1962Mumbai, India762
Solar glass is manufactured by Borosil Renewables for photovoltaic applications.
Servoteh
servotech.in2004Delhi, India178
Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs
Nessa
nessa.in2008Ahmedabad, India$95,27784
Offers solar consumer goods
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Detailed competitors of Australian Premium Solar

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Web traffic of Australian Premium Solar

The website of Australian Premium Solar (australianpremiumsolar.co.in) receives about 18.8K visits a month and ranks #1,029,881 among all websites worldwide, #9,241 in Investing.

  • Monthly visits
    18.8K

    ▼ 26% vs previous month

  • Unique visitors
    9.8K

    per month

  • Global rank
    #1,029,881

    among all websites

  • Category rank
    #9,241

    Finance · Investing

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Top companies in Renewable & Sustainable Energy

3 companies that operate in the same segment as Australian Premium Solar (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Husk Power Systems
Hybrid renewable energy solutions are provided for rural communities.
2008Patna, Bihar, IndiaUSD 73.99 MUSD 3.46 M294
CleanMax
Solar energy projects are developed for commercial and industrial clients.
2011Mumbai, Maharashtra, IndiaUSD 442.67 MUSD 166.51 M365
Waaree Energies
Manufacturer of solar PV modules
1990Mumbai, Maharashtra, IndiaUSD 111.38 MUSD 2.77 B8,690
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Related news about Australian Premium Solar

Australian Premium Solar (India) Awarded Work Order From SBPDCL For 16 MW Rooftop Solar Projects
Reuters • 4 months ago
Australian Premium Solar Commences Production Of 400 MW Topcon Solar Module Line
Reuters • 1 year ago
Australian Premium Solar Says Commercial Production Of 400 MW Solar Module Line Commenced
Reuters • 1 year ago
Australian Premium Solar Announces Strategic Subsidiary Expansions, Capital Increase
Reuters • 1 year ago
Australian Premium Solar (India) Gets Orders
Reuters • 1 year ago
Australian Premium Solar (India) Gets Order Worth 500 Mln Rupees
Reuters • 2 years ago
Australian Premium Solar Debuts With 159% Premium Over Ipo Price On Nse Sme
In • 2 years ago
Australian Premium Solar Ipo: Check Out Allotment Date, Listing Date, Other Key Details
Zeebiz • 2 years ago
New Swan Multitech, Australian Premium Solar IPO To Open Today
Zeenews • 2 years ago
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Frequently Asked Questions about Australian Premium Solar

Australian Premium Solar was founded in 2013.

Australian Premium Solar is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Nikunj Patel is the CEO of Australian Premium Solar, as recorded in our data. They have also founded this company.

Australian Premium Solar has 446 employees.

The primary company behind Australian Premium Solar, Australian Premium Solar (India) Limited, reported revenue of ₹709 Cr for FY 2026, up 61% year on year.

Australian Premium Solar was founded in 2013 in Ahmedabad, India, within the renewable energy sector. Solar panels, inverters, rooftop solar systems, and solutions for solar power plants are produced by the company. Operations focus on manufacturing these products to support solar energy adoption. The domain australianpremiumsolar.co.in is utilized, with Nikunj Patel serving as founder and CEO.

Australian Premium Solar's top competitors include Servoteh, Borosil Renewables and Nessa.

Australian Premium Solar offers Solar Panels, Monofacial Solar Panels, Bifacial Solar Panels, Topcon Solar Panels, and 2 more products and services.

Yes, Australian Premium Solar is publicly traded on NSE under the ticker symbol APS.

Australian Premium Solar operates through Australian Premium Solar (India) Limited.

The legal entities of Australian Premium Solar currently have 7 directors, including Chimanbhai Ranchhodbhai Patel, Dhavalkumar Jayeshkumar Suthar, Hitesh Nagdev and others.

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