The evidence is mixed2 supporting, 2 against, 1 worth knowing
Supporting
matches near a 52-week low, which has beaten the market by +0.45 points over 20 sessions across 47,393 past signals
3 independent kinds of evidence agree today, which is uncommon
Against
trading 30% below its 200-day average
at 4% of its 52-week range — nearly everyone who bought in the past year is underwater
Worth knowing
RSI at 16 is washed out — historically the better half of this site's measured edge comes from exactly this condition
What would change this read: a close back above 214, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
How it has performed
price return over each window, measured against zero
What the scans say today
4 of 47 matched on 2026-08-21
SOLARWORLD matches 4 of the 47 scans today, across 3 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.
segments and revenue mix, as the company reports them
SOLARWORLD reports 2 business segments. The largest is (a) Engineering, procurement and construction (EPC) contracts at 85% of revenue in the quarter ending 2026-06-30. On these numbers this is effectively a single-segment business, so the group result and that segment’s result move together.
SegmentRevenueSharevs a year ago
(a) Engineering, procurement and construction (EPC) contracts144 cr85.0%—
(b) Manufacturing25 cr15.0%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 2026-03-31
Debt to equity
0.30×
255 cr borrowed against 848 cr of equity
Net debt
233 cr
borrowings less cash
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Results filings were typically -0.52pt vs the market over the next 5 sessions (n=7,520) · Analyst call filings were typically +0.14pt vs the market over the next 5 sessions (n=3,352) · Management filings were typically -0.01pt vs the market over the next 5 sessions (n=1,988)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
nothing clear in the filed numbers
Going against it
net margin narrowed from 8.3% to 5.6%
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
2026-06-30 · consolidated
168
13
9
1.10
5.6%
Q4 FY26
2026-03-31 · consolidated
592
64
49
5.66
8.3%
Q3 FY26
2025-12-31 · consolidated
578
67
49
5.68
8.5%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-19.4%
Versus 200-day average-29.8%
Below 52-week high-55.7%
Above 52-week low+5.2%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)16.2
Higher closes in last 52 of 5
Six-month return−24.27%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.