Share Price and Basic Stock Data
Last Updated: November 7, 2025, 5:44 pm
| PEG Ratio | 0.67 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Solex Energy Ltd operates within the electric equipment sector, focusing on gensets and turbines. The company reported a market capitalization of ₹1,633 Cr and a share price of ₹1,512. Over the past few years, Solex has demonstrated significant revenue growth, with sales rising from ₹149 Cr in March 2019 to ₹161 Cr in March 2023, and projected to reach ₹660 Cr by March 2025. This upward trajectory reflects a compound annual growth rate (CAGR) of approximately 56% from FY 2023 to FY 2025. The latest quarterly sales figures for September 2023 stood at ₹93 Cr, indicating a healthy demand recovery post-pandemic. However, the sales figures for the last quarter of FY 2023, which reached ₹141 Cr, suggest volatility that could stem from market conditions or operational challenges. The company’s ability to sustain this growth hinges on its operational efficiency and market positioning in the competitive electric equipment landscape.
Profitability and Efficiency Metrics
Solex Energy’s profitability metrics reflect a robust operational framework, with an operating profit margin (OPM) of 12% as of the latest reporting period. The operating profit rose to ₹11 Cr in FY 2023, and projections indicate this could further increase to ₹69 Cr by FY 2025. The company’s return on equity (ROE) stood at 38.7%, significantly higher than many industry peers, indicating effective utilization of shareholder funds. The interest coverage ratio (ICR) of 7.12x demonstrates a strong capacity to meet interest obligations, enhancing financial stability. However, the net profit margin of 6.46% indicates room for improvement as it remains below the typical sector benchmarks. Additionally, the cash conversion cycle (CCC) decreased to 62 days, reflecting improved efficiency in managing receivables and payables. Overall, while the company shows strong profitability, maintaining margins amidst rising costs will be critical.
Balance Sheet Strength and Financial Ratios
The balance sheet of Solex Energy Ltd exhibits a mixed picture of strength and leverage. Total borrowings amounted to ₹148 Cr, against reserves of ₹147 Cr, indicating a leveraged position that necessitates careful management. The total assets of the company stood at ₹467 Cr, reflecting a significant increase from previous years, alongside a healthy long-term debt-to-equity ratio of 0.42. This suggests a balanced approach to financing growth without over-reliance on debt. The price-to-book value (P/BV) ratio of 4.24x, while elevated, can be justified by the company’s strong return metrics. The current ratio of 1.47 indicates adequate liquidity to cover short-term obligations. However, the total debt-to-equity ratio of 0.91 reflects a potential risk should market conditions change adversely. Overall, the company’s balance sheet shows resilience, but the increasing debt levels warrant close monitoring.
Shareholding Pattern and Investor Confidence
Solex Energy’s shareholding structure reveals a significant level of promoter confidence, with promoters holding 66.15% of the equity. This stable ownership base can be seen as a positive indicator for potential investors, reflecting long-term commitment. The public shareholding stands at 32.75%, and foreign institutional investors (FIIs) have increased their stake marginally to 0.09%. Domestic institutional investors (DIIs) hold a modest 1.02%, suggesting limited institutional interest, which could impact liquidity. The number of shareholders has increased dramatically from 567 in March 2023 to 3,007 by March 2025, indicating growing retail interest and confidence in the company’s growth trajectory. However, the low FIIs participation might limit broader market support, particularly in volatile conditions. Therefore, while the promoter backing is strong, enhancing institutional interest could further bolster market confidence.
Outlook, Risks, and Final Insight
Looking ahead, Solex Energy Ltd appears poised for substantial growth, driven by increasing sales and operational efficiencies. The projected revenue of ₹660 Cr by March 2025 highlights the company’s potential to capitalize on market opportunities. However, risks such as rising input costs and potential supply chain disruptions could impede profitability. Additionally, the reliance on debt for expansion poses a risk if market conditions shift negatively. The company’s ability to maintain margins and manage its debt levels will be crucial for sustaining growth. Overall, Solex Energy’s strong fundamentals and growth prospects are promising, but vigilance in operational management and market conditions will be essential to navigate potential challenges effectively. The company’s future success will depend on its strategic positioning and ability to attract institutional investments while maintaining operational efficiency.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Solex Energy Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Envair Electrodyne Ltd | 35.6 Cr. | 76.8 | 182/68.0 | 17.8 | 0.00 % | 2.25 % | 5.88 % | 10.0 | |
| Solex Energy Ltd | 1,825 Cr. | 1,690 | 1,826/631 | 46.1 | 146 | 0.03 % | 28.2 % | 38.7 % | 10.0 |
| Honda India Power Products Ltd | 2,550 Cr. | 2,525 | 3,788/1,815 | 34.8 | 851 | 3.96 % | 12.8 % | 9.47 % | 10.0 |
| Industry Average | 2,187.50 Cr | 1,430.60 | 40.45 | 338.27 | 1.33% | 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: May 15, 2025, 5:12 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: September 10, 2025, 2:32 pm
| Month | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.82 | 2 | 2 | 5 | 5 | 5 | 5 | 8 | 8 | 8 | 11 |
| Reserves | 0 | 0 | 1 | 9 | 13 | 17 | 19 | 27 | 30 | 38 | 147 |
| Borrowings | 4 | 4 | 1 | 6 | 6 | 5 | 12 | 19 | 66 | 96 | 148 |
| Other Liabilities | 4 | 9 | 20 | 32 | 47 | 44 | 40 | 18 | 37 | 70 | 162 |
| Total Liabilities | 9 | 15 | 25 | 52 | 71 | 71 | 76 | 73 | 141 | 212 | 467 |
| Fixed Assets | 0 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 55 | 54 | 110 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24 | 1 | 0 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 14 | 3 |
| Other Assets | 8 | 13 | 23 | 51 | 70 | 70 | 75 | 48 | 85 | 143 | 352 |
| Total Assets | 9 | 15 | 25 | 52 | 71 | 71 | 76 | 73 | 141 | 212 | 467 |
Below is a detailed analysis of the balance sheet data for Solex Energy Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 11.00 Cr.. The value appears strong and on an upward trend. It has increased from 8.00 Cr. (Mar 2024) to 11.00 Cr., marking an increase of 3.00 Cr..
- For Reserves, as of Mar 2025, the value is 147.00 Cr.. The value appears strong and on an upward trend. It has increased from 38.00 Cr. (Mar 2024) to 147.00 Cr., marking an increase of 109.00 Cr..
- For Borrowings, as of Mar 2025, the value is 148.00 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 96.00 Cr. (Mar 2024) to 148.00 Cr., marking an increase of 52.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 162.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 70.00 Cr. (Mar 2024) to 162.00 Cr., marking an increase of 92.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 467.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 212.00 Cr. (Mar 2024) to 467.00 Cr., marking an increase of 255.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 110.00 Cr.. The value appears strong and on an upward trend. It has increased from 54.00 Cr. (Mar 2024) to 110.00 Cr., marking an increase of 56.00 Cr..
- For CWIP, as of Mar 2025, the value is 2.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2024) to 2.00 Cr., marking an increase of 2.00 Cr..
- For Investments, as of Mar 2025, the value is 3.00 Cr.. The value appears to be declining and may need further review. It has decreased from 14.00 Cr. (Mar 2024) to 3.00 Cr., marking a decrease of 11.00 Cr..
- For Other Assets, as of Mar 2025, the value is 352.00 Cr.. The value appears strong and on an upward trend. It has increased from 143.00 Cr. (Mar 2024) to 352.00 Cr., marking an increase of 209.00 Cr..
- For Total Assets, as of Mar 2025, the value is 467.00 Cr.. The value appears strong and on an upward trend. It has increased from 212.00 Cr. (Mar 2024) to 467.00 Cr., marking an increase of 255.00 Cr..
However, the Borrowings (148.00 Cr.) are higher than the Reserves (147.00 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 - No data available for this post.
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 |
| Current Ratio (X) | 1.47 | 1.31 |
| Quick Ratio (X) | 0.74 | 0.73 |
| 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 |
| 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 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 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 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: 46.1 (Industry average Stock P/E: 26.97)
- 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 | cs@solex.in http://www.solex.in |
| 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 07 November 2025) is 2084.42 which is 23.34% higher the current market price of 1,690.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 1,825 Cr. market cap, FY2025-2026 high/low of 1,826/631, reserves of ₹147 Cr, and liabilities of 467 Cr.
What is the Market Cap of Solex Energy Ltd?
The Market Cap of Solex Energy Ltd is 1,825 Cr..
What is the current Stock Price of Solex Energy Ltd as on 07 November 2025?
The current stock price of Solex Energy Ltd as on 07 November 2025 is 1,690.
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 1,826/631.
What is the Stock P/E of Solex Energy Ltd?
The Stock P/E of Solex Energy Ltd is 46.1.
What is the Book Value of Solex Energy Ltd?
The Book Value of Solex Energy Ltd is 146.
What is the Dividend Yield of Solex Energy Ltd?
The Dividend Yield of Solex Energy Ltd is 0.03 %.
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.