Australian Premium Solar Secures ₹13.85 Crore Solar Pump Project in Tripura

APS, a key solar solutions provider, is expanding with a new project in Tripura. Strong financial growth and rising stock performance make it a promising player in the solar industry.

New Order Secured by APS

Australian Premium Solar Ltd (APS) has received a major contract from the Tripura Renewable Energy Development Agency (TREDA) to install solar-powered agricultural pumps. The project, valued at ₹13.85 crore, includes setting up 500 solar pumps under the PM-KUSUM Scheme (Component C). APS will supply, install and maintain 2 HP AC solar pumps for five years, covering warranty, maintenance and insurance. This order strengthens APS’s presence in India’s renewable energy sector.  

Company Overview

Founded in 2013, APS is a leading solar solutions provider in India, specialising in high-efficiency Monocrystalline and Topcon solar modules. The company also offers end-to-end Engineering, Procurement and Construction (EPC) services for residential, commercial, industrial and agricultural projects. With strong international expertise, APS ensures high-quality manufacturing and adheres to strict ISO 9001-certified quality standards. 

Financial Performance

APS has shown impressive financial growth. In Q3FY25, its net sales surged by 227% to ₹121 crore, while net profit jumped by 450% to ₹11 crore. For the full year, the company reported net sales of ₹150 crore and a net profit of ₹6 crore. This strong performance highlights APS’s expanding market reach and financial stability.  

Stock Market Performance

With a market capitalisation exceeding ₹800 crore, APS has delivered exceptional returns. The company’s Return on Equity (ROE) stands at 42.5%, while its Return on Capital Employed (ROCE) is 51%. As of February 28, 2025, at 11:24 AM, the shares of APS are trading at ₹421 per share. Its 52-week high and low are ₹670 and ₹196 respectively. 

Conclusion

APS’s new project in Tripura highlights its commitment to renewable energy growth. With increasing sales, profits and stock value, the company continues to strengthen its position in India’s solar sector.

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