Share Price and Basic Stock Data
Last Updated: December 26, 2025, 10:04 pm
| PEG Ratio | 0.39 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Solex Energy Ltd operates in the electric equipment sector, specifically focusing on gensets and turbines. The company’s share price stood at ₹1,311, with a market capitalization of ₹1,416 Cr. Over the years, Solex Energy has shown a fluctuating revenue trajectory. Sales recorded for FY 2023 reached ₹161 Cr, a significant recovery from ₹72 Cr in FY 2022. The company reported a strong performance in the latest quarter, with sales of ₹273 Cr for Mar 2024, indicating a robust growth trend. This upward momentum is further illustrated by quarterly sales figures that have increased from ₹22 Cr in Sep 2020 to ₹141 Cr in Mar 2023, showcasing a strong rebound post-pandemic. However, the company faced challenges in the past, with a sales dip to ₹22 Cr during Sep 2020, demonstrating the volatility inherent in its operational environment.
Profitability and Efficiency Metrics
Solex Energy’s profitability metrics reflect a commendable improvement, with a reported net profit of ₹40 Cr for FY 2025, up from ₹3 Cr in FY 2023. The operating profit margin (OPM) stood at 12%, indicating effective cost management as revenue scales up. The company’s return on equity (ROE) was notably high at 38.7%, suggesting efficient utilization of shareholders’ funds. Additionally, the interest coverage ratio (ICR) at 7.12x indicates a strong ability to meet interest obligations, enhancing investor confidence. The cash conversion cycle (CCC) of 62 days shows a trend towards better working capital management compared to the longer periods observed in previous years. However, the operating profit margin, while improved, remains lower than the sector average, indicating potential room for further efficiency gains.
Balance Sheet Strength and Financial Ratios
The balance sheet of Solex Energy reveals a mixed picture. The company reported total borrowings of ₹293 Cr against reserves of ₹170 Cr, reflecting a leverage ratio that could raise concerns among investors. The long-term debt to equity ratio stood at 0.42, indicating a conservative approach to debt management compared to a higher ratio of 1.02 in the previous year. The total assets rose significantly to ₹467 Cr, driven by investments in fixed assets and other assets. Furthermore, the price-to-book value (P/BV) ratio at 4.24x suggests that the market values the company at a premium relative to its book value, indicating positive investor sentiment. However, the significant increase in total liabilities to ₹741 Cr could pose risks if not managed prudently, particularly in a rising interest rate environment.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Solex Energy indicates a strong promoter stake at 66.15%, which is a positive signal for investor confidence as it reflects commitment from the management. Institutional ownership remains low, with foreign institutional investors (FIIs) holding just 0.09% and domestic institutional investors (DIIs) at 1.02%. The public shareholding amounts to 32.75%, which has increased from 29.35% in Mar 2023, reflecting growing interest from retail investors. The number of shareholders has also risen significantly to 3,007, up from 567 in Mar 2023, indicating a widening investor base. However, the low institutional ownership may limit liquidity and raise concerns about the stock’s stability during volatile market conditions. Enhanced communication and engagement with institutional investors could further bolster confidence in the stock.
Outlook, Risks, and Final Insight
The outlook for Solex Energy appears cautiously optimistic, driven by strong revenue growth and improving profitability metrics. However, the company faces inherent risks, including high leverage and dependency on the cyclical nature of the electric equipment market. Potential increases in interest rates could impact borrowing costs, while fluctuations in raw material prices may affect margins. The company’s ability to maintain its growth trajectory will depend on effective cost management and operational efficiency. Should Solex Energy successfully navigate these challenges, it could unlock further value for shareholders. Conversely, failure to address these risks could hinder its performance in a competitive landscape. Overall, the company presents a compelling investment opportunity, albeit with caution warranted due to its financial structure and market dynamics.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Envair Electrodyne Ltd | 33.3 Cr. | 71.7 | 142/67.0 | 18.3 | 0.00 % | 2.25 % | 5.88 % | 10.0 | |
| Solex Energy Ltd | 1,416 Cr. | 1,311 | 1,985/631 | 27.0 | 167 | 0.04 % | 28.2 % | 38.7 % | 10.0 |
| Honda India Power Products Ltd | 2,360 Cr. | 2,327 | 3,256/1,815 | 31.1 | 750 | 4.30 % | 12.8 % | 9.47 % | 10.0 |
| Industry Average | 1,888.00 Cr | 1,236.57 | 29.05 | 311.77 | 1.45% | 14.42% | 18.02% | 10.00 |
Quarterly Result
| Metric | Mar 2019 | Sep 2019 | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 85 | 70 | 68 | 22 | 57 | 35 | 37 | 21 | 141 | 93 | 273 | 273 | 387 |
| Expenses | 80 | 67 | 64 | 21 | 55 | 34 | 36 | 19 | 132 | 84 | 253 | 249 | 342 |
| Operating Profit | 5 | 4 | 4 | 2 | 2 | 1 | 1 | 2 | 9 | 9 | 20 | 24 | 45 |
| OPM % | 6% | 5% | 6% | 7% | 3% | 3% | 2% | 9% | 7% | 9% | 7% | 9% | 12% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 3 | 1 | 1 | 1 | 3 |
| Interest | 0 | 0 | 1 | 0 | 1 | 0 | 1 | 1 | 4 | 4 | 6 | 4 | 7 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 4 | 4 | 4 | 4 | 5 |
| Profit before tax | 5 | 3 | 3 | 1 | 1 | 1 | 0 | -1 | 4 | 1 | 10 | 17 | 35 |
| Tax % | 28% | 22% | 35% | 26% | 31% | 31% | -5% | -22% | 29% | 45% | 22% | 24% | 25% |
| Net Profit | 3 | 2 | 2 | 1 | 1 | 1 | 0 | -0 | 3 | 1 | 8 | 13 | 27 |
| EPS in Rs | 5.34 | 3.92 | 3.26 | 1.44 | 1.27 | 0.59 | 0.40 | -0.46 | 3.17 | 0.73 | 8.01 | 12.11 | 24.55 |
Last Updated: May 31, 2025, 7:43 am
Below is a detailed analysis of the quarterly data for Solex Energy Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Sales, as of Mar 2025, the value is 387.00 Cr.. The value appears strong and on an upward trend. It has increased from 273.00 Cr. (Sep 2024) to 387.00 Cr., marking an increase of 114.00 Cr..
- For Expenses, as of Mar 2025, the value is 342.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 249.00 Cr. (Sep 2024) to 342.00 Cr., marking an increase of 93.00 Cr..
- For Operating Profit, as of Mar 2025, the value is 45.00 Cr.. The value appears strong and on an upward trend. It has increased from 24.00 Cr. (Sep 2024) to 45.00 Cr., marking an increase of 21.00 Cr..
- For OPM %, as of Mar 2025, the value is 12.00%. The value appears strong and on an upward trend. It has increased from 9.00% (Sep 2024) to 12.00%, marking an increase of 3.00%.
- For Other Income, as of Mar 2025, the value is 3.00 Cr.. The value appears strong and on an upward trend. It has increased from 1.00 Cr. (Sep 2024) to 3.00 Cr., marking an increase of 2.00 Cr..
- For Interest, as of Mar 2025, the value is 7.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4.00 Cr. (Sep 2024) to 7.00 Cr., marking an increase of 3.00 Cr..
- For Depreciation, as of Mar 2025, the value is 5.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4.00 Cr. (Sep 2024) to 5.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Mar 2025, the value is 35.00 Cr.. The value appears strong and on an upward trend. It has increased from 17.00 Cr. (Sep 2024) to 35.00 Cr., marking an increase of 18.00 Cr..
- For Tax %, as of Mar 2025, the value is 25.00%. The value appears to be increasing, which may not be favorable. It has increased from 24.00% (Sep 2024) to 25.00%, marking an increase of 1.00%.
- For Net Profit, as of Mar 2025, the value is 27.00 Cr.. The value appears strong and on an upward trend. It has increased from 13.00 Cr. (Sep 2024) to 27.00 Cr., marking an increase of 14.00 Cr..
- For EPS in Rs, as of Mar 2025, the value is 24.55. The value appears strong and on an upward trend. It has increased from 12.11 (Sep 2024) to 24.55, marking an increase of 12.44.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 4:37 am
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6 | 46 | 34 | 101 | 149 | 138 | 80 | 72 | 161 | 366 | 660 |
| Expenses | 6 | 45 | 32 | 96 | 141 | 131 | 76 | 70 | 150 | 337 | 591 |
| Operating Profit | 0 | 1 | 2 | 6 | 8 | 7 | 3 | 2 | 11 | 28 | 69 |
| OPM % | 5% | 2% | 6% | 6% | 5% | 5% | 4% | 3% | 7% | 8% | 10% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 2 | 4 |
| Interest | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 10 | 11 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 5 | 8 | 9 |
| Profit before tax | 0 | 1 | 1 | 4 | 7 | 6 | 2 | 1 | 4 | 12 | 52 |
| Tax % | 29% | 31% | 33% | 28% | 27% | 29% | 29% | 20% | 30% | 24% | 24% |
| Net Profit | 0 | 0 | 1 | 3 | 5 | 4 | 2 | 1 | 3 | 9 | 40 |
| EPS in Rs | 1.00 | 2.05 | 3.25 | 5.10 | 8.02 | 7.18 | 2.71 | 0.99 | 2.71 | 8.73 | 36.66 |
| Dividend Payout % | -0% | -0% | -0% | 16% | -0% | 6% | 9% | 12% | -0% | 5% | 2% |
YoY Net Profit Growth
| Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 200.00% | 66.67% | -20.00% | -50.00% | -50.00% | 200.00% | 200.00% | 344.44% |
| Change in YoY Net Profit Growth (%) | 0.00% | -133.33% | -86.67% | -30.00% | 0.00% | 250.00% | 0.00% | 144.44% |
Solex Energy Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2017-2018 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 59% |
| 5 Years: | 37% |
| 3 Years: | 109% |
| TTM: | 80% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 82% |
| 5 Years: | 55% |
| 3 Years: | 242% |
| TTM: | 354% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 126% |
| 3 Years: | 80% |
| 1 Year: | -7% |
| Return on Equity | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 23% |
| 3 Years: | 28% |
| Last Year: | 39% |
Last Updated: September 5, 2025, 1:31 pm
Balance Sheet
Last Updated: December 4, 2025, 2:00 am
| Month | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.82 | 2 | 2 | 5 | 5 | 5 | 5 | 8 | 8 | 8 | 11 | 11 |
| Reserves | 0 | 0 | 1 | 9 | 13 | 17 | 19 | 27 | 30 | 38 | 147 | 170 |
| Borrowings | 4 | 4 | 1 | 6 | 6 | 5 | 12 | 19 | 66 | 96 | 148 | 293 |
| Other Liabilities | 4 | 9 | 20 | 32 | 47 | 44 | 40 | 18 | 37 | 70 | 162 | 268 |
| Total Liabilities | 9 | 15 | 25 | 52 | 71 | 71 | 76 | 73 | 141 | 212 | 467 | 741 |
| Fixed Assets | 0 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 55 | 54 | 110 | 135 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24 | 1 | 0 | 2 | 144 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 14 | 3 | 2 |
| Other Assets | 8 | 13 | 23 | 51 | 70 | 70 | 75 | 48 | 85 | 143 | 352 | 461 |
| Total Assets | 9 | 15 | 25 | 52 | 71 | 71 | 76 | 73 | 141 | 212 | 467 | 741 |
Below is a detailed analysis of the balance sheet data for Solex Energy Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 11.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 11.00 Cr..
- For Reserves, as of Sep 2025, the value is 170.00 Cr.. The value appears strong and on an upward trend. It has increased from 147.00 Cr. (Mar 2025) to 170.00 Cr., marking an increase of 23.00 Cr..
- For Borrowings, as of Sep 2025, the value is 293.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 148.00 Cr. (Mar 2025) to 293.00 Cr., marking an increase of 145.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 268.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 162.00 Cr. (Mar 2025) to 268.00 Cr., marking an increase of 106.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 741.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 467.00 Cr. (Mar 2025) to 741.00 Cr., marking an increase of 274.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 135.00 Cr.. The value appears strong and on an upward trend. It has increased from 110.00 Cr. (Mar 2025) to 135.00 Cr., marking an increase of 25.00 Cr..
- For CWIP, as of Sep 2025, the value is 144.00 Cr.. The value appears strong and on an upward trend. It has increased from 2.00 Cr. (Mar 2025) to 144.00 Cr., marking an increase of 142.00 Cr..
- For Investments, as of Sep 2025, the value is 2.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3.00 Cr. (Mar 2025) to 2.00 Cr., marking a decrease of 1.00 Cr..
- For Other Assets, as of Sep 2025, the value is 461.00 Cr.. The value appears strong and on an upward trend. It has increased from 352.00 Cr. (Mar 2025) to 461.00 Cr., marking an increase of 109.00 Cr..
- For Total Assets, as of Sep 2025, the value is 741.00 Cr.. The value appears strong and on an upward trend. It has increased from 467.00 Cr. (Mar 2025) to 741.00 Cr., marking an increase of 274.00 Cr..
However, the Borrowings (293.00 Cr.) are higher than the Reserves (170.00 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -4.00 | -3.00 | 1.00 | 0.00 | 2.00 | 2.00 | -9.00 | -17.00 | -55.00 | -68.00 | -79.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 279 | 75 | 181 | 137 | 136 | 147 | 255 | 105 | 68 | 47 | 62 |
| Inventory Days | |||||||||||
| Days Payable | |||||||||||
| Cash Conversion Cycle | 279 | 75 | 181 | 137 | 136 | 147 | 255 | 105 | 68 | 47 | 62 |
| Working Capital Days | 43 | 6 | 13 | 77 | 48 | 68 | 122 | 132 | 64 | 23 | 56 |
| ROCE % | 23% | 37% | 42% | 34% | 29% | 11% | 4% | 12% | 18% | 28% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 |
|---|---|---|
| FaceValue | 10.00 | 10.00 |
| Basic EPS (Rs.) | 43.82 | 10.92 |
| Diluted EPS (Rs.) | 43.82 | 10.92 |
| Cash EPS (Rs.) | 48.16 | 21.50 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 148.69 | 57.80 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 148.69 | 57.80 |
| Revenue From Operations / Share (Rs.) | 613.03 | 457.40 |
| PBDIT / Share (Rs.) | 71.01 | 38.13 |
| PBIT / Share (Rs.) | 62.47 | 27.56 |
| PBT / Share (Rs.) | 52.50 | 14.43 |
| Net Profit / Share (Rs.) | 39.61 | 10.92 |
| NP After MI And SOA / Share (Rs.) | 38.91 | 10.92 |
| PBDIT Margin (%) | 11.58 | 8.33 |
| PBIT Margin (%) | 10.19 | 6.02 |
| PBT Margin (%) | 8.56 | 3.15 |
| Net Profit Margin (%) | 6.46 | 2.38 |
| NP After MI And SOA Margin (%) | 6.34 | 2.38 |
| Return on Networth / Equity (%) | 26.16 | 18.88 |
| Return on Capital Employeed (%) | 28.85 | 22.74 |
| Return On Assets (%) | 8.75 | 4.12 |
| Long Term Debt / Equity (X) | 0.42 | 1.02 |
| Total Debt / Equity (X) | 0.91 | 2.08 |
| Asset Turnover Ratio (%) | 1.91 | 0.00 |
| Current Ratio (X) | 1.47 | 1.31 |
| Quick Ratio (X) | 0.74 | 0.73 |
| Inventory Turnover Ratio (X) | 5.39 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 1.13 | 1.37 |
| Dividend Payout Ratio (CP) (%) | 0.92 | 0.69 |
| Earning Retention Ratio (%) | 98.87 | 98.63 |
| Cash Earning Retention Ratio (%) | 99.08 | 99.31 |
| Interest Coverage Ratio (X) | 7.12 | 2.90 |
| Interest Coverage Ratio (Post Tax) (X) | 4.97 | 1.83 |
| Enterprise Value (Cr.) | 818.19 | 743.97 |
| EV / Net Operating Revenue (X) | 1.24 | 2.03 |
| EV / EBITDA (X) | 10.67 | 24.39 |
| MarketCap / Net Operating Revenue (X) | 1.03 | 1.77 |
| Retention Ratios (%) | 98.86 | 98.62 |
| Price / BV (X) | 4.24 | 14.01 |
| Price / Net Operating Revenue (X) | 1.03 | 1.77 |
| EarningsYield | 0.06 | 0.01 |
After reviewing the key financial ratios for Solex Energy Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 43.82. This value is within the healthy range. It has increased from 10.92 (Mar 24) to 43.82, marking an increase of 32.90.
- For Diluted EPS (Rs.), as of Mar 25, the value is 43.82. This value is within the healthy range. It has increased from 10.92 (Mar 24) to 43.82, marking an increase of 32.90.
- For Cash EPS (Rs.), as of Mar 25, the value is 48.16. This value is within the healthy range. It has increased from 21.50 (Mar 24) to 48.16, marking an increase of 26.66.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 148.69. It has increased from 57.80 (Mar 24) to 148.69, marking an increase of 90.89.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 148.69. It has increased from 57.80 (Mar 24) to 148.69, marking an increase of 90.89.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 613.03. It has increased from 457.40 (Mar 24) to 613.03, marking an increase of 155.63.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 71.01. This value is within the healthy range. It has increased from 38.13 (Mar 24) to 71.01, marking an increase of 32.88.
- For PBIT / Share (Rs.), as of Mar 25, the value is 62.47. This value is within the healthy range. It has increased from 27.56 (Mar 24) to 62.47, marking an increase of 34.91.
- For PBT / Share (Rs.), as of Mar 25, the value is 52.50. This value is within the healthy range. It has increased from 14.43 (Mar 24) to 52.50, marking an increase of 38.07.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 39.61. This value is within the healthy range. It has increased from 10.92 (Mar 24) to 39.61, marking an increase of 28.69.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 38.91. This value is within the healthy range. It has increased from 10.92 (Mar 24) to 38.91, marking an increase of 27.99.
- For PBDIT Margin (%), as of Mar 25, the value is 11.58. This value is within the healthy range. It has increased from 8.33 (Mar 24) to 11.58, marking an increase of 3.25.
- For PBIT Margin (%), as of Mar 25, the value is 10.19. This value is within the healthy range. It has increased from 6.02 (Mar 24) to 10.19, marking an increase of 4.17.
- For PBT Margin (%), as of Mar 25, the value is 8.56. This value is below the healthy minimum of 10. It has increased from 3.15 (Mar 24) to 8.56, marking an increase of 5.41.
- For Net Profit Margin (%), as of Mar 25, the value is 6.46. This value is within the healthy range. It has increased from 2.38 (Mar 24) to 6.46, marking an increase of 4.08.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 6.34. This value is below the healthy minimum of 8. It has increased from 2.38 (Mar 24) to 6.34, marking an increase of 3.96.
- For Return on Networth / Equity (%), as of Mar 25, the value is 26.16. This value is within the healthy range. It has increased from 18.88 (Mar 24) to 26.16, marking an increase of 7.28.
- For Return on Capital Employeed (%), as of Mar 25, the value is 28.85. This value is within the healthy range. It has increased from 22.74 (Mar 24) to 28.85, marking an increase of 6.11.
- For Return On Assets (%), as of Mar 25, the value is 8.75. This value is within the healthy range. It has increased from 4.12 (Mar 24) to 8.75, marking an increase of 4.63.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.42. This value is within the healthy range. It has decreased from 1.02 (Mar 24) to 0.42, marking a decrease of 0.60.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.91. This value is within the healthy range. It has decreased from 2.08 (Mar 24) to 0.91, marking a decrease of 1.17.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.91. It has increased from 0.00 (Mar 24) to 1.91, marking an increase of 1.91.
- For Current Ratio (X), as of Mar 25, the value is 1.47. This value is below the healthy minimum of 1.5. It has increased from 1.31 (Mar 24) to 1.47, marking an increase of 0.16.
- For Quick Ratio (X), as of Mar 25, the value is 0.74. This value is below the healthy minimum of 1. It has increased from 0.73 (Mar 24) to 0.74, marking an increase of 0.01.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 5.39. This value is within the healthy range. It has increased from 0.00 (Mar 24) to 5.39, marking an increase of 5.39.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 1.13. This value is below the healthy minimum of 20. It has decreased from 1.37 (Mar 24) to 1.13, marking a decrease of 0.24.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.92. This value is below the healthy minimum of 20. It has increased from 0.69 (Mar 24) to 0.92, marking an increase of 0.23.
- For Earning Retention Ratio (%), as of Mar 25, the value is 98.87. This value exceeds the healthy maximum of 70. It has increased from 98.63 (Mar 24) to 98.87, marking an increase of 0.24.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 99.08. This value exceeds the healthy maximum of 70. It has decreased from 99.31 (Mar 24) to 99.08, marking a decrease of 0.23.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 7.12. This value is within the healthy range. It has increased from 2.90 (Mar 24) to 7.12, marking an increase of 4.22.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 4.97. This value is within the healthy range. It has increased from 1.83 (Mar 24) to 4.97, marking an increase of 3.14.
- For Enterprise Value (Cr.), as of Mar 25, the value is 818.19. It has increased from 743.97 (Mar 24) to 818.19, marking an increase of 74.22.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.24. This value is within the healthy range. It has decreased from 2.03 (Mar 24) to 1.24, marking a decrease of 0.79.
- For EV / EBITDA (X), as of Mar 25, the value is 10.67. This value is within the healthy range. It has decreased from 24.39 (Mar 24) to 10.67, marking a decrease of 13.72.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.03. This value is within the healthy range. It has decreased from 1.77 (Mar 24) to 1.03, marking a decrease of 0.74.
- For Retention Ratios (%), as of Mar 25, the value is 98.86. This value exceeds the healthy maximum of 70. It has increased from 98.62 (Mar 24) to 98.86, marking an increase of 0.24.
- For Price / BV (X), as of Mar 25, the value is 4.24. This value exceeds the healthy maximum of 3. It has decreased from 14.01 (Mar 24) to 4.24, marking a decrease of 9.77.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.03. This value is within the healthy range. It has decreased from 1.77 (Mar 24) to 1.03, marking a decrease of 0.74.
- For EarningsYield, as of Mar 25, the value is 0.06. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 24) to 0.06, marking an increase of 0.05.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Solex Energy Ltd:
- Net Profit Margin: 6.46%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 28.85% (Industry Average ROCE: 14.42%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 26.16% (Industry Average ROE: 18.02%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 4.97
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.74
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 27 (Industry average Stock P/E: 29.05)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.91
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 6.46%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Electric Equipment - General | 8th Floor, 801-812, Rio Empire, Opp RTO, Pal, Surat Gujarat 395009 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Chetan Sureshchandra Shah | Chairman & Managing Director |
| Mr. Piyush Kailashchandra Chandak | Whole Time Director |
| Mr. Kalpeshkumar Ramanbhai Patel | Whole Time Director |
| Mrs. Kiran Ritesh Shah | Executive Director |
| Mr. Anil Rathi | Non Executive Director |
| Mr. Vipul Mulchand Shah | Non Executive Director |
| Mr. Amitkumar D Trivedi | Independent Director |
| Mr. Rajeshbhai Tulsibhai Patel | Independent Director |
| Mr. Kamlesh Pravin Yagnik | Independent Director |
| Mr. Sanjay Bhagvandas Punjabi | Independent Director |
| Mr. Jayesh Jayantilal Gajjar | Independent Director |
| Mr. Sanjay Srivastava | Independent Director |
FAQ
What is the intrinsic value of Solex Energy Ltd?
Solex Energy Ltd's intrinsic value (as of 28 December 2025) is 1396.54 which is 6.52% higher the current market price of 1,311.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 1,416 Cr. market cap, FY2025-2026 high/low of 1,985/631, reserves of ₹170 Cr, and liabilities of 741 Cr.
What is the Market Cap of Solex Energy Ltd?
The Market Cap of Solex Energy Ltd is 1,416 Cr..
What is the current Stock Price of Solex Energy Ltd as on 28 December 2025?
The current stock price of Solex Energy Ltd as on 28 December 2025 is 1,311.
What is the High / Low of Solex Energy Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Solex Energy Ltd stocks is 1,985/631.
What is the Stock P/E of Solex Energy Ltd?
The Stock P/E of Solex Energy Ltd is 27.0.
What is the Book Value of Solex Energy Ltd?
The Book Value of Solex Energy Ltd is 167.
What is the Dividend Yield of Solex Energy Ltd?
The Dividend Yield of Solex Energy Ltd is 0.04 %.
What is the ROCE of Solex Energy Ltd?
The ROCE of Solex Energy Ltd is 28.2 %.
What is the ROE of Solex Energy Ltd?
The ROE of Solex Energy Ltd is 38.7 %.
What is the Face Value of Solex Energy Ltd?
The Face Value of Solex Energy Ltd is 10.0.