Onix Solar Energy Ltd.

Onix Solar Energy Ltd.

328.00
INR
-15.05
(-4.39%)
22.09EPS
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
8.92
13.61
7.85
13.21
5.29
2.57
3.89
1.42
5.14
0.08
0.04
103.07
84.97
95.92
Basic EPS, GAAP
0.53
0.52
-0.74
-0.41
-0.21
0.43
-0.86
-1.37
0.84
7
0.7
5.1
16.17
22.09
Free Cash Flow per Basic Share
-1.03
-1.12
0.16
-0.6
-0.19
-0.41
-1.48
0.48
3.77
-21.2
10.71
-8.68
-121.13
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
7.59
8.01
7.21
6.74
6.53
6.95
6.1
4.72
5.56
12.56
13.26
18.13
214.54
214.54
Tangible Book Value per Share
7.59
8.01
7.21
6.7
6.48
6.92
6.06
4.69
5.54
12.54
13.25
18.12
87.5
87.5
Basic Weighted Avg Shares
3
3
3
3
3
3
3
3
3
3
3
3
19
18
Sales/Revenue/Turnover
27
41
23
39
16
8
12
4
15
- -
- -
294
1,654
1,750
Operating Margin (%)
2.84
-3.56
-15.36
-10.98
-23.3
-32.19
-35.79
-79.57
-53.43
-3,627.2
-4,286.26
3.76
27.93
23.04
Depreciation Expense
- -
- -
- -
1
- -
- -
- -
- -
- -
- -
- -
- -
3
- -
Net Income, GAAP
2
2
-2
-1
-1
1
-3
-4
3
21
2
15
315
403
Effective Tax Rate (%)
22.41
8.69
- -
- -
- -
17.75
- -
- -
- -
11.4
17.87
4.55
29.31
1.32
Profit Margin (%)
5.97
3.82
-9.4
-3.14
-4.06
16.64
-22.02
-97.07
16.36
8,744.35
1,603.05
4.95
19.03
23.03
Working Capital
18
19
18
16
16
18
15
11
14
34
39
-143
2,262
2,262
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
484
484
Total Equity
23
24
22
20
19
21
18
14
17
38
40
54
7,742
7,742
Return on Invested Capital (%)
4.93
3.94
- -
- -
- -
-7.38
- -
- -
1.9
75.63
5.12
21.54
7.87
9.59
Return on Capital (%)
9.05
7.49
- -
- -
- -
4.11
- -
- -
16.21
68.92
5.29
31.05
8.06
9.74
Return on Common Equity (%)
7.26
6.66
-9.69
-5.94
-3.24
6.35
-13.14
-25.41
16.36
77.22
5.45
31.01
8.08
10.34

Capital Structure

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
15
LT Borrowings
- -
- -
484
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
36
Market Capitalization
- -
- -
- -

Working Capital

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
412
- -
2,613
Cash, Cash Equivalents & STI
- -
- -
40
Accounts Receivable, Net
236
- -
1,186
Inventories
- -
- -
772
Total Current Liabilities
365
- -
351
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
15
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1,434.47%
2,876.57%
14,196.92%
Free Cash Flow
881.89%
1,825.21%
9,429.37%
Net Income, GAAP
250.69%
627.63%
2,065%
Sales/Revenue/Turnover
22,474.24%
44,959.51%
462.93%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
3
1
573
233
294
2026
452
434
161
703
1,654

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.29
-0.46
-0.66
2.11
0.7
2025
0.14
0.5
20.96
2.24
5.1
2026
3.38
-2.53
4.65
7.11
16.17

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Piyush Savaliya
Full Time Employees
4
Sector
Producer manufacturing
Industry
Industrial machinery
Address
1, Mahesh Villa Mumbai MA India 400018
IPO Date
Jan 1, 1990
Business
Onix Solar Energy Limited engages in the development, manufacture, and provision of solar energy solutions and related services. The company focuses on the design, procurement, construction, commissioning, operation, and maintenance of solar photovoltaic projects, including utility-scale solar farms and distributed generation installations, as well as ancillary services such as project management, engineering, procurement, and construction (EPC), and after-sales support. It operates across multiple geographies, with activities centered in India and expanding to international markets as part of its growth strategy. Onix Solar Energy Limited was founded in 2015 and is headquartered in Mumbai, India. The company maintains a diversified business model that encompasses renewable energy generation, equipment manufacturing, and EPC project delivery, positioning it as an integrated player in the solar sector. Subsidiaries and affiliates participate in regional project execution and technology deployment to support its portfolio of solar assets and service offerings. Latest developments include strategic partnerships and capital-raising activities to fund project pipelines, expansion into new markets, and launches of new solar energy services or product lines within the last 1–2 years. Industry segments cover renewable energy generation, EPC services, and solar equipment manufacturing, with target customers spanning utilities, commercial and industrial (C&I) customers, and government bodies seeking sustainable energy solutions.