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Solex Energy Overview

Solex Energy Ltd is a reputable renewable energy company that specializes in the development, installation, and maintenance of solar power systems. With a commitment to sustainability and a clean energy future, Solex Energy aims to harness the power of the sun to provide efficient and eco-friendly solutions for residential, commercial, and industrial clients. The company offers a comprehensive range of services, including solar panel installation, solar farm development, and solar energy consultancy. By leveraging advanced technology and indust...Read More

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Solex Energy Key Financials

Market Cap ₹1446 Cr.

Stock P/E 33.8

P/B 7.4

Current Price ₹1338.6

Book Value ₹ 180.7

Face Value 10

52W High ₹1985

Dividend Yield 0.04%

52W Low ₹ 795.5

Solex Energy Share Price

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Volume
Price

Solex Energy Quarterly Price

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Solex Energy Peer Comparison

Solex Energy Quarterly Results

#(Fig in Cr.) Sep 2024 Dec 2024 Sep 2025 Dec 2025
Net Sales 132 135 155 318
Other Income 1 1 -0 2
Total Income 133 136 155 319
Total Expenditure 117 111 136 292
Operating Profit 15 25 18 27
Interest 3 3 6 9
Depreciation 2 3 4 6
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 11 19 8 12
Provision for Tax 2 5 2 3
Profit After Tax 9 14 6 9
Adjustments 0 0 -1 -0
Profit After Adjustments 9 14 5 9
Adjusted Earnings Per Share 8.4 13 4.8 8.1

Solex Energy Profit & Loss

#(Fig in Cr.) Mar 2024 Mar 2025 TTM
Net Sales 366 662 740
Other Income 2 4 4
Total Income 368 666 743
Total Expenditure 338 589 656
Operating Profit 31 77 85
Interest 11 11 21
Depreciation 8 9 15
Exceptional Income / Expenses 0 0 0
Profit Before Tax 12 57 50
Provision for Tax 3 14 12
Profit After Tax 9 43 38
Adjustments 0 -1 -1
Profit After Adjustments 9 42 37
Adjusted Earnings Per Share 8.7 38.9 34.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 81% 0% 0% 0%
Operating Profit CAGR 148% 0% 0% 0%
PAT CAGR 378% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 51% 60% 106% NA%
ROE Average 41% 30% 30% 30%
ROCE Average 30% 23% 23% 23%

Solex Energy Balance Sheet

#(Fig in Cr.) Mar 2024 Mar 2025
Shareholder's Funds 46 161
Minority's Interest 0 1
Borrowings 47 69
Other Non-Current Liabilities 3 4
Total Current Liabilities 115 246
Total Liabilities 212 480
Fixed Assets 54 111
Other Non-Current Assets 7 8
Total Current Assets 151 362
Total Assets 212 480

Solex Energy Cash Flow

#(Fig in Cr.) Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0
Cash Flow from Operating Activities 2 -47
Cash Flow from Investing Activities -21 -54
Cash Flow from Financing Activities 20 113
Net Cash Inflow / Outflow 0 12
Closing Cash & Cash Equivalent 0 12

Solex Energy Ratios

# Mar 2024 Mar 2025
Earnings Per Share (Rs) 8.73 38.91
CEPS(Rs) 17.2 48.16
DPS(Rs) 0.44 0.55
Book NAV/Share(Rs) 46.24 148.7
Core EBITDA Margin(%) 7.76 11.04
EBIT Margin(%) 6.02 10.19
Pre Tax Margin(%) 3.15 8.56
PAT Margin (%) 2.39 6.46
Cash Profit Margin (%) 4.7 7.86
ROA(%) 4.12 12.36
ROE(%) 18.89 41.37
ROCE(%) 15.48 29.96
Receivable days 46.58 44.87
Inventory Days 66.22 67.77
Payable days 65.62 51.77
PER(x) 74.19 16.22
Price/Book(x) 14.01 4.24
Dividend Yield(%) 0.07 0.09
EV/Net Sales(x) 2.03 1.23
EV/Core EBITDA(x) 24.39 10.65
Net Sales Growth(%) 0 80.97
EBIT Growth(%) 0 206.1
PAT Growth(%) 0 389.92
EPS Growth(%) 0 345.41
Debt/Equity(x) 2.08 0.92
Current Ratio(x) 1.31 1.47
Quick Ratio(x) 0.73 0.74
Interest Cover(x) 2.1 6.27
Total Debt/Mcap(x) 0.15 0.22

Solex Energy Shareholding Pattern

# Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 70.65 70.65 70.65 70.65 70.66 66.15 66.15 66.15 66.15 66.15
FII 0 0 0 0 0 0.03 0.01 0.09 0.25 0.13
DII 0 0 0 0 1.1 0.89 0.79 1.02 0.98 0.81
Public 29.35 29.35 29.35 29.35 28.24 32.94 33.06 32.75 32.63 32.91
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Solex Energy News

Solex Energy Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 30%
  • Debtor days have improved from 65.62 to 51.77days.

Cons

  • Stock is trading at 7.4 times its book value.
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