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Solex Energy Ltd.

Solex Energy Ltd.

554.85
INR
-14.55
(-2.56%)
62.16EPS
18.09P/E
11.92BMarket Cap
Solex Energy Ltd.
NSE:SOLEX
(National Stock Exchange of India)

Recent

price

554.85

P/E

ratio

18.09

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
10.24
75.06
122.83
163.88
241.49
223.53
128.82
74.55
161.79
457.46
638.58
1,497.95
1,061.24
Revenue per Share
0.15
0.63
3.28
5.11
8.06
7.21
2.71
1.02
2.71
10.92
39.98
88.88
61
Basic EPS, GAAP
-4.01
-0.3
3.27
-6.25
8.06
3.14
2.21
-21.02
-41.36
-7.6
-103.27
185.79
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
0.96
0.48
0.4
0.25
0.12
0.15
0.46
0.55
- -
Dividend per Share
1.48
3.21
5.85
22.02
29.11
35.87
38.18
35.04
37.63
46.24
145.87
234.21
- -
Book Value per Share
1.48
3.21
5.83
22
29.01
35.74
38.07
34.97
37.55
45.95
145.53
233.86
- -
Tangible Book Value per Share
6
6
3
6
6
6
6
10
10
8
10
11
11
Basic Weighted Avg Shares
63
464
341
1,013
1,491
1,380
796
719
1,617
3,659
6,622
16,181
11,464
Sales/Revenue/Turnover
4.89
2.27
4.74
4.97
5.06
5.34
3.92
2.42
5.52
5.71
10.24
9.91
9.32
Operating Margin (%)
- -
2
4
7
6
3
3
3
45
85
105
252
205
Depreciation Expense
1
4
9
32
50
45
17
10
27
87
415
960
659
Net Income, GAAP
30.64
32.71
33.15
27.91
26.92
28.71
28.87
19.53
29.62
24.32
24.89
25.07
24.85
Effective Tax Rate (%)
1.51
0.83
2.67
3.12
3.34
3.22
2.11
1.37
1.68
2.39
6.26
5.93
5.75
Profit Margin (%)
7
12
28
156
204
261
286
264
283
356
1,114
1,552
- -
Working Capital
3
8
6
4
1
- -
10
130
447
472
914
2,508
- -
LT Debt
9
20
36
136
180
221
236
350
376
462
1,585
2,561
- -
Total Equity
- -
12.82
20.06
29.3
23.89
18.85
7.07
2.83
7.9
12.67
20.43
24.65
- -
Return on Invested Capital (%)
- -
12.54
22.98
28.29
24.11
19.46
7.06
3.13
7.58
12.25
20.77
24.16
- -
Return on Capital (%)
- -
26.68
32.58
36.71
31.5
22.19
7.33
3.37
7.46
20.83
40.68
46.77
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
878
- -
LT Borrowings
- -
1,932
- -
LT Finance Leases
- -
577
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
13,379
9,952
11,922

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
8,264
- -
Cash, Cash Equivalents & STI
- -
1,234
- -
Accounts Receivable, Net
- -
3,567
- -
Inventories
- -
2,905
- -
Total Current Liabilities
- -
6,712
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
878
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
80.38%
76.64%
61.63%
Free Cash Flow
-162.32%
-39.1%
-287.39%
Net Income, GAAP
122.88%
172.36%
131.57%
Sales/Revenue/Turnover
63.46%
93.35%
144.34%
Total Cash Common Dividend
- -
- -
25.05%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
1,318
1,347
2,544
6,622
2026
2,596
1,550
3,179
8,855
16,181
2027
2,608
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
8.81
13.01
13.25
39.98
2026
22.37
4.83
8.07
53.61
88.88
2027
7.39
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.46
2026
- -
- -
- -
- -
0.55
2027
- -
- -
- -
- -
- -
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Business
Solex Energy Limited is a prominent Indian enterprise specializing in the production and distribution of solar photovoltaic modules. The company delivers comprehensive solar solutions for various applications, including utility-scale ground-mounted solar power facilities, residential and industrial rooftop installations, as well as off-grid and grid-connected systems. Additionally, it offers solar water pumps, home lighting, street lighting, and customized clean energy systems, alongside essential engineering, procurement, and construction services for the rapidly expanding solar energy market. Solex Energy caters to a broad clientele encompassing government entities, real estate developers, agricultural sectors, manufacturing, healthcare, hospitality, residential complexes, financial institutions, educational establishments, logistics, and telecommunications industries. The company, established in 1995, is headquartered in Surat, India.