Product Launched General Industrials NSE: SWELECTES

Swelect Energy Systems Launches SWEES EN+ Solar Hybrid Inverters for C&I Segment

By Published NSE Filing · 4 min read Processed in 5.6s
Swelect Energy Systems Launches SWEES EN+ Solar Hybrid Inverters for C&I Segment

Swelect Energy Systems Limited — Product Launched · SWELECTES

P/E TTM

21.34

Sector: 53.56

Market Cap

₹889.82 Cr

General Industrials

Revenue TTM

₹610.67 Cr

Operating Income

RSI

51.65

Neutral Zone

! Key Highlights

  • ▸ SWEES EN+ range offers scalability from 5 kW to 50 kW and beyond to meet growing energy demands
  • ▸ Product is certified by the Bureau of Indian Standards (BIS) under the Compulsory Registration Scheme
  • ▸ Commercial rollout is scheduled for Q2 FY27 to address rising energy costs and grid reliability concerns
  • ▸ Systems are customized to actual load profiles rather than offering a generic one-size-fits-all solution
  • ▸ Launch leverages the company's recent expansion of solar module capacity to over 2 GW in Coimbatore

Swelect Energy Systems has announced the commercial rollout of its BIS-certified SWEES EN+ solar hybrid inverter range, specifically engineered for commercial and industrial (C&I) applications. The new product series features a scalable architecture ranging from 5 kW to 50 kW, designed to integrate solar generation, battery storage, and grid supply into a single system.

The Product — What It Is

The SWEES EN+ range represents a versatile power electronics platform that manages three distinct energy inputs—on-site solar generation, battery energy storage, and the utility grid—through a unified management system. Built with scalability as a core design principle, the series allows commercial enterprises to start with a capacity as low as 5 kW and incrementally add power as their operational requirements expand. This flexibility is critical for industrial users who face varying load profiles.

The system's BIS certification ensures compliance with Indian safety and performance standards, clearing the path for its official market entry in the second quarter of the 2026-27 financial year.

Commercial Opportunity and Market Strategy

  • Targets a growing Indian solar inverter market projected to reach approximately $0.93 billion in 2026
  • Addresses the C&I segment's transition toward higher-capacity hybrid systems for better self-consumption
  • Capitalizes on declining battery storage costs to provide a viable alternative to diesel generator sets
  • Utilizes a vertically integrated model where the company manufactures modules, mounting structures, and in-house balance-of-system components
  • Strengthens the distribution business which is currently targeting annual revenues of ₹300-350 crore

Strategic Portfolio Integration

This launch marks a significant step in Swelect's transition from a legacy power protection firm to an integrated energy platform. The company, which evolved from the Numeric brand, has been aggressively scaling its infrastructure, recently doubling its solar PV module manufacturing capacity to 2.2 GW at its Coimbatore facility. By adding high-efficiency hybrid inverters to its portfolio, Swelect can now offer end-to-end solutions for its IPP and EPC businesses.

This product rollout aligns with the company's broader objective of reaching 1 GW of commissioned ground-mounted solar capacity over the next two years, supported by recent investments in captive solar projects in Karnataka and Tamil Nadu.

Management Vision

The range has been designed with scalability at its core, enabling solutions to be configured in line with varying load profiles, operational requirements and future energy needs.

— Dr. Arulkumar Shanmugasundaram, CEO & Managing Director, Swelect Energy Systems Limited

Swelect Energy Systems Limited — Financial Snapshot

BSE: 532051 · NSE: SWELECTES · General Industrials

Current Market Price ₹587 per share
Market Capitalisation ₹889.82
Revenue (Annual) ₹657.12 Operating
Net Profit (Annual) ₹55.17
P/E Ratio (TTM) 21.34× Sector: 53.56×
Promoter Holding 56.37% 0.00% QoQ
FII Holding 0.58% Current Qtr

"With the BIS certification for our hybrid inverters, we are now rolling out the SWEES EN+ range from 5 kW to 50 kW, with a strong focus on the evolving energy requirements of C&I customers."

— Dr. Arulkumar Shanmugasundaram, CEO & Managing Director

Source Verified

Exchange filing by Swelect Energy Systems Limited announcing the rollout of its SWEES EN+ solar hybrid inverter range. Market figures from a third-party data provider.

View Filing
More Swelect Energy Systems filings and announcements View all →