• Order book expansion: GK Energy secured a ₹450 crore order to install 1 kW rooftop solar across 1 lakh households in Maharashtra over 5 to 6 months, taking its total order book to ₹1,500+ crore.
• Order pipeline expectations: The company anticipates approximately ₹500 crore in additional orders from Phase 6 and Phase 7 of the Magel Tyala Solar Pump Scheme, followed by further momentum from PM-KUSUM 2.0 and retail rooftop installations.
• Profitability and pricing: Management targets EBITDA margins of around 17% and double-digit PAT margins, with no raw material pricing pressure due to long-term contracts utilizing idle domestic manufacturing capacity.
• FY30 growth targets: The company aims to achieve $1 billion+ in revenue and reach over 1 million households by 2030, driven by decentralized energy, energy storage, and solar pumping solutions for farmers.