Share Price and Basic Stock Data
Last Updated: January 16, 2026, 11:59 am
| PEG Ratio | 0.35 |
|---|
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 is currently ₹1,158, with a market capitalization of ₹1,251 Cr. Historical sales figures exhibit significant growth, with revenue increasing from ₹6 Cr in March 2015 to ₹366 Cr in March 2024, and projected to reach ₹660 Cr in March 2025. This upward trend reflects a compounded annual growth rate (CAGR) of approximately 69.14% over the last decade. In the latest reported quarter, sales for September 2025 were ₹148.61 Cr, following a robust ₹249.20 Cr in June 2025. The operating profit margin (OPM) has also shown improvement, standing at 10.44% for September 2025, indicating a consistent ability to manage operational costs effectively. Overall, Solex Energy’s revenue trajectory underscores its strategic positioning within a growing market, bolstered by rising demand for power generation solutions.
Profitability and Efficiency Metrics
The profitability metrics of Solex Energy demonstrate a robust performance, with a reported net profit of ₹40 Cr for the fiscal year ending March 2025. This net profit translates to an earnings per share (EPS) of ₹36.66, showcasing a strong return to shareholders. The return on equity (ROE) stood at an impressive 38.7%, indicating effective management of shareholder funds. Additionally, the return on capital employed (ROCE) was reported at 28.2%, reflecting efficient use of capital in generating profits. The company has also maintained a healthy interest coverage ratio (ICR) of 7.12x, suggesting that it can comfortably meet its interest obligations. However, the operating profit margin (OPM) of 10.44% for September 2025 indicates that there is room for improvement in cost management. Overall, Solex’s profitability and efficiency metrics are significantly higher than typical sector averages, suggesting a competitive advantage in its operational strategy.
Balance Sheet Strength and Financial Ratios
Solex Energy’s balance sheet reflects a strengthening financial position with total borrowings of ₹293 Cr as of September 2025, up from ₹148 Cr in March 2025. While the company has increased its debt levels, it has simultaneously grown its reserves to ₹170 Cr, enhancing its financial cushion. The total liabilities stood at ₹741 Cr, against total assets of the same amount, indicating a balanced structure. The company’s current ratio of 1.47x suggests adequate liquidity to cover short-term obligations, while a debt-to-equity ratio of 0.91x indicates a moderate leverage level. The price-to-book value (P/BV) ratio is at 4.24x, which, while on the higher side, reflects investors’ confidence in the company’s growth prospects. Furthermore, the asset turnover ratio of 1.91% indicates efficient utilization of assets in generating revenue. These financial ratios collectively point to a solid balance sheet, although the rising debt levels warrant monitoring.
Shareholding Pattern and Investor Confidence
The shareholding structure of Solex Energy is predominantly held by promoters, who own 66.15% of the company as of September 2025. This high level of promoter ownership often instills confidence among investors, signaling strong management commitment. Foreign institutional investors (FIIs) hold a mere 0.09%, while domestic institutional investors (DIIs) own 1.02%, indicating limited institutional interest. However, public ownership has increased to 32.75%, with the number of shareholders rising to 3,007, which reflects growing retail investor participation. This increase in public shareholders from 2,269 in September 2024 suggests a positive reception of the company’s growth strategy. Despite the limited institutional interest, the strong promoter backing and increasing public ownership can be seen as a positive indicator of investor confidence in Solex Energy’s future prospects.
Outlook, Risks, and Final Insight
The outlook for Solex Energy appears promising, supported by its strong revenue growth and profitability metrics. However, potential risks include the increasing debt levels, which could strain financial flexibility if not managed properly. Additionally, the company operates in a competitive environment where technological advancements and regulatory changes could impact market dynamics. The current market conditions, including fluctuating raw material costs, may also pose challenges. Nevertheless, if Solex Energy can effectively leverage its operational strengths and maintain financial discipline, it stands to benefit from the growing demand for power generation solutions. In scenarios where the company can successfully reduce debt while enhancing profit margins, it could further solidify its position in the market, potentially leading to enhanced shareholder value in the long term.
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 | 32.4 Cr. | 69.9 | 140/66.0 | 18.3 | 0.00 % | 2.25 % | 5.88 % | 10.0 | |
| Solex Energy Ltd | 1,265 Cr. | 1,171 | 1,985/631 | 24.2 | 167 | 0.05 % | 28.2 % | 38.7 % | 10.0 |
| Honda India Power Products Ltd | 2,187 Cr. | 2,166 | 3,256/1,815 | 28.8 | 750 | 4.62 % | 12.8 % | 9.47 % | 10.0 |
| Industry Average | 1,726.00 Cr | 1,135.63 | 26.50 | 311.77 | 1.56% | 14.42% | 18.02% | 10.00 |
Quarterly Result
| Metric | Sep 2024 | Jun 2025 | Sep 2025 |
|---|---|---|---|
| Sales | 131.75 | 249.20 | 148.61 |
| Expenses | 117.35 | 211.13 | 133.09 |
| Operating Profit | 14.40 | 38.07 | 15.52 |
| OPM % | 10.93% | 15.28% | 10.44% |
| Other Income | 0.96 | 1.63 | -0.48 |
| Interest | 2.53 | 5.41 | 5.88 |
| Depreciation | 1.98 | 4.26 | 4.44 |
| Profit before tax | 10.85 | 30.03 | 4.72 |
| Tax % | 15.85% | 25.14% | 28.18% |
| Net Profit | 9.13 | 22.47 | 3.40 |
| EPS in Rs | 8.45 | 20.80 | 3.15 |
Last Updated: December 29, 2025, 2:02 am
Below is a detailed analysis of the quarterly data for Solex Energy Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 148.61 Cr.. The value appears to be declining and may need further review. It has decreased from 249.20 Cr. (Jun 2025) to 148.61 Cr., marking a decrease of 100.59 Cr..
- For Expenses, as of Sep 2025, the value is 133.09 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 211.13 Cr. (Jun 2025) to 133.09 Cr., marking a decrease of 78.04 Cr..
- For Operating Profit, as of Sep 2025, the value is 15.52 Cr.. The value appears to be declining and may need further review. It has decreased from 38.07 Cr. (Jun 2025) to 15.52 Cr., marking a decrease of 22.55 Cr..
- For OPM %, as of Sep 2025, the value is 10.44%. The value appears to be declining and may need further review. It has decreased from 15.28% (Jun 2025) to 10.44%, marking a decrease of 4.84%.
- For Other Income, as of Sep 2025, the value is -0.48 Cr.. The value appears to be declining and may need further review. It has decreased from 1.63 Cr. (Jun 2025) to -0.48 Cr., marking a decrease of 2.11 Cr..
- For Interest, as of Sep 2025, the value is 5.88 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5.41 Cr. (Jun 2025) to 5.88 Cr., marking an increase of 0.47 Cr..
- For Depreciation, as of Sep 2025, the value is 4.44 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4.26 Cr. (Jun 2025) to 4.44 Cr., marking an increase of 0.18 Cr..
- For Profit before tax, as of Sep 2025, the value is 4.72 Cr.. The value appears to be declining and may need further review. It has decreased from 30.03 Cr. (Jun 2025) to 4.72 Cr., marking a decrease of 25.31 Cr..
- For Tax %, as of Sep 2025, the value is 28.18%. The value appears to be increasing, which may not be favorable. It has increased from 25.14% (Jun 2025) to 28.18%, marking an increase of 3.04%.
- For Net Profit, as of Sep 2025, the value is 3.40 Cr.. The value appears to be declining and may need further review. It has decreased from 22.47 Cr. (Jun 2025) to 3.40 Cr., marking a decrease of 19.07 Cr..
- For EPS in Rs, as of Sep 2025, the value is 3.15. The value appears to be declining and may need further review. It has decreased from 20.80 (Jun 2025) to 3.15, marking a decrease of 17.65.
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: 24.2 (Industry average Stock P/E: 26.5)
- 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 16 January 2026) is ₹1251.84 which is 6.90% higher the current market price of ₹1,171.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,265 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 1,265 Cr..
What is the current Stock Price of Solex Energy Ltd as on 16 January 2026?
The current stock price of Solex Energy Ltd as on 16 January 2026 is ₹1,171.
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 24.2.
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 0.05 %.
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.