The company is an established solar module manufacturer with 4.5GW operational capacity and pan-India presence. It is scaling up to 17.5GW of modules and 12GW of cells by FY27, enabling deep backward integration. PL expects revenue, EBITDA and PAT to clock a strong CAGR of 60%–95% over FY25–28E, driven by capacity expansion and a robust 11.2GW order book (as of Sep’25).
(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)