Nifty

:

25959.50

Sensex

:

84900.71

-108.65 (-0.42%)
-331.21 (-0.39%)

Login

Nifty
Sensex

:
:

25959.50
84900.71

-108.65 (-0.42%)
-331.21 (-0.39%)

Solex Energy Ltd.

Electric Equipment

Rating :

75/99

BSE: Not Listed | NSE: SOLEX

Watchlist

NSE BSE

1854.40

24-Nov-2025

Open
High
Low
Previous Close

1914.2
1923.3
1823.3
1914.20

Volume
Traded Value (lacs)
52 Week High
52 Week Low

38268
71838991.6
1985
630.9

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

2,003.21
50.58
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

2,253.81
0.03%
11.11

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

30.42
52.65
59.81

EBITDA CAGR (%)

10 Years
5 Years
3 Years

50.83
83.16
43.49

PAT CAGR (%)

10 Years
5 Years
3 Years

60.01
88.14
144.48

P:E (Median)

8 Years
5 Years
3 Years

-
-
-

P:BV (Average)

8 Years
5 Years
3 Years

-
-
-

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
-
-

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var%
Net Sales 148.60 131.75 12.79% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Expenses 133.08 117.35 13.40% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBITDA 15.53 14.39 7.92% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBIDTM 10.45% 10.93% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Other Income -0.48 0.96 - 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Interest 5.88 2.53 132.41% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Depreciation 4.44 1.98 124.24% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PBT 4.72 10.85 -56.50% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Tax 1.32 1.72 -23.26% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PAT 3.40 9.13 -62.76% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PATM 2.29% 6.93% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS 3.15 8.45 -62.72% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0

Description Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var%
Net Sales 155.02 131.75 17.66% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Expenses 136.42 117.43 16.17% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBITDA 18.59 14.33 29.73% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBIDTM 11.99% 10.87% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Other Income -0.38 0.96 - 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Interest 5.88 2.53 132.41% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Depreciation 4.44 1.98 124.24% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PBT 7.89 10.78 -26.81% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Tax 2.10 1.70 23.53% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PAT 5.79 9.08 -36.23% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PATM 3.73% 6.89% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS 4.83 8.42 -42.64% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales - 660.05 365.92 161.71 71.92 79.62 138.04 149.06 101.25 34.13 46.35 Net Sales Growth - 80.38% 126.28% 124.85% -9.67% -42.32% -7.39% 47.22% 196.66% -26.36% Cost Of Goods Sold - 516.93 297.95 132.57 60.60 58.54 116.35 128.75 90.22 29.57 43.68 Gross Profit - 143.12 67.98 29.14 11.31 21.08 21.69 20.30 11.03 4.55 2.67 GP Margin - 21.68% 18.58% 18.02% 15.73% 26.48% 15.71% 13.62% 10.89% 13.33% 5.76% Total Expenditure - 591.20 337.51 150.39 70.06 76.28 130.70 141.19 95.57 32.12 45.22 Power & Fuel Cost - 4.88 3.90 2.13 0.18 0.07 0.04 0.03 0.01 0.00 0.07 % Of Sales - 0.74% 1.07% 1.32% 0.25% 0.09% 0.03% 0.02% 0.01% 0% 0.15% Employee Cost - 20.05 12.74 5.86 2.04 1.75 1.09 1.16 0.71 0.63 0.39 % Of Sales - 3.04% 3.48% 3.62% 2.84% 2.20% 0.79% 0.78% 0.70% 1.85% 0.84% Manufacturing Exp. - 17.38 8.53 2.33 4.47 11.26 9.46 8.32 1.19 0.86 0.51 % Of Sales - 2.63% 2.33% 1.44% 6.22% 14.14% 6.85% 5.58% 1.18% 2.52% 1.10% General & Admin Exp. - 11.75 7.48 5.19 1.77 1.37 1.71 1.39 0.75 0.61 0.38 % Of Sales - 1.78% 2.04% 3.21% 2.46% 1.72% 1.24% 0.93% 0.74% 1.79% 0.82% Selling & Distn. Exp. - 19.96 6.61 1.92 0.51 0.45 0.26 0.31 0.16 0.43 0.15 % Of Sales - 3.02% 1.81% 1.19% 0.71% 0.57% 0.19% 0.21% 0.16% 1.26% 0.32% Miscellaneous Exp. - 0.25 0.31 0.38 0.48 2.83 1.79 1.23 2.54 0.01 0.15 % Of Sales - 0.04% 0.08% 0.23% 0.67% 3.55% 1.30% 0.83% 2.51% 0.03% 0.09% EBITDA - 68.85 28.41 11.32 1.86 3.34 7.34 7.87 5.68 2.01 1.13 EBITDA Margin - 10.43% 7.76% 7.00% 2.59% 4.19% 5.32% 5.28% 5.61% 5.89% 2.44% Other Income - 3.60 2.09 2.68 0.37 0.28 0.38 0.32 0.16 0.37 0.25 Interest - 10.77 10.50 5.61 0.75 1.08 1.15 0.80 0.80 0.61 0.63 Depreciation - 9.23 8.46 4.53 0.25 0.26 0.33 0.58 0.65 0.41 0.24 PBT - 52.45 11.54 3.85 1.23 2.28 6.24 6.80 4.38 1.36 0.52 Tax - 12.85 2.81 1.14 0.24 0.68 1.79 1.83 1.22 0.45 0.15 Tax Rate - 24.50% 24.35% 29.61% 19.51% 28.81% 28.69% 26.91% 27.85% 33.09% 28.85% PAT - 39.60 8.73 2.71 0.99 1.68 4.45 4.97 3.16 0.91 0.36 PAT before Minority Interest - 39.60 8.73 2.71 0.99 1.68 4.45 4.97 3.16 0.91 0.36 Minority Interest - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin - 6.00% 2.39% 1.68% 1.38% 2.11% 3.22% 3.33% 3.12% 2.67% 0.78% PAT Growth - 353.61% 222.14% 173.74% -41.07% -62.25% -10.46% 57.28% 247.25% 152.78% EPS - 36.67 8.08 2.51 0.92 1.56 4.12 4.60 2.93 0.84 0.33

Description TTM Mar 25 Mar 24
Net Sales - 662.22 365.92 Net Sales Growth - 80.97% Cost Of Goods Sold - 511.98 297.95 Gross Profit - 150.24 67.98 GP Margin - 22.69% 18.58% Total Expenditure - 589.11 337.51 Power & Fuel Cost - 4.88 3.90 % Of Sales - 0.74% 1.07% Employee Cost - 20.77 12.74 % Of Sales - 3.14% 3.48% Manufacturing Exp. - 18.66 8.53 % Of Sales - 2.82% 2.33% General & Admin Exp. - 12.07 7.48 % Of Sales - 1.82% 2.04% Selling & Distn. Exp. - 20.48 6.61 % Of Sales - 3.09% 1.81% Miscellaneous Exp. - 0.25 0.31 % Of Sales - 0.04% 0.08% EBITDA - 73.11 28.41 EBITDA Margin - 11.04% 7.76% Other Income - 3.60 2.09 Interest - 10.77 10.50 Depreciation - 9.23 8.46 PBT - 56.71 11.54 Tax - 13.92 2.81 Tax Rate - 24.55% 24.35% PAT - 42.02 8.73 PAT before Minority Interest - 42.79 8.73 Minority Interest - -0.77 0.00 PAT Margin - 6.35% 2.39% PAT Growth - 381.33% EPS - 38.91 8.08

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 158.20 46.24 37.63 35.04 23.58 22.15 17.98 13.60 3.61 1.98 Share Capital 10.80 8.00 8.00 8.00 4.94 4.94 4.94 4.94 2.23 1.50 Total Reserves 147.40 38.24 29.63 27.04 18.64 17.21 13.04 8.66 1.39 0.48 Non-Current Liabilities 72.35 50.68 48.72 18.03 7.48 5.07 3.69 3.00 0.77 1.08 Secured Loans 62.59 32.39 35.80 8.32 1.02 0.00 0.13 0.38 0.56 0.80 Unsecured Loans 6.10 14.81 8.93 4.68 0.00 0.00 0.00 0.00 0.00 0.22 Long Term Provisions 1.72 2.28 3.51 5.01 6.42 5.00 3.55 2.53 0.00 0.00 Current Liabilities 236.76 115.04 54.44 19.68 44.74 43.74 50.96 35.69 20.39 11.65 Trade Payables 85.97 53.57 27.82 12.56 31.84 35.48 41.64 27.35 10.59 7.42 Other Current Liabilities 77.35 18.05 11.60 1.05 1.87 1.62 0.83 0.69 8.87 1.25 Short Term Borrowings 60.85 40.19 14.91 6.02 10.21 5.09 6.33 5.88 0.64 2.85 Short Term Provisions 12.58 3.23 0.11 0.05 0.81 1.55 2.16 1.77 0.29 0.13 Total Liabilities 467.31 211.96 140.79 72.75 75.80 70.96 72.63 52.29 24.77 14.71 Net Block 110.46 54.40 54.55 0.69 0.93 1.13 1.26 0.98 1.61 1.68 Gross Block 135.40 70.11 61.80 3.41 3.41 3.35 3.16 2.30 2.27 1.94 Accumulated Depreciation 24.94 15.71 7.25 2.72 2.48 2.22 1.90 1.32 0.66 0.26 Non Current Assets 118.39 61.35 58.06 26.64 2.47 1.13 1.28 0.98 1.61 1.68 Capital Work in Progress 1.61 0.32 0.84 24.08 0.00 0.00 0.02 0.00 0.00 0.00 Non Current Investment 2.80 2.38 0.83 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 3.52 4.26 1.84 1.87 1.54 0.00 0.00 0.00 0.00 0.00 Other Non Current Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Current Assets 348.92 150.61 82.72 46.10 73.32 69.83 71.35 51.30 23.15 13.02 Current Investments 0.00 12.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 173.93 66.39 30.38 14.24 7.99 5.12 5.83 7.02 2.72 0.47 Sundry Debtors 111.25 46.69 30.25 20.75 55.60 55.67 55.58 37.95 16.85 9.55 Cash & Bank 10.24 0.19 0.13 0.39 2.07 0.58 0.64 0.19 1.54 0.72 Other Current Assets 53.51 4.91 2.78 0.59 7.67 8.45 9.29 6.13 2.04 2.29 Short Term Loans & Adv. 45.53 20.42 19.17 10.14 4.78 8.32 9.25 5.70 2.02 2.21 Net Current Assets 112.16 35.57 28.28 26.42 28.59 26.10 20.39 15.60 2.76 1.37 Total Assets 467.31 211.96 140.78 72.74 75.79 70.96 72.63 52.29 24.78 14.70

Description Mar 25 Mar 24
Shareholder's Funds 160.63 46.24 Share Capital 10.80 8.00 Total Reserves 149.83 38.24 Non-Current Liabilities 72.35 50.68 Secured Loans 62.59 32.39 Unsecured Loans 6.10 14.81 Long Term Provisions 1.72 2.28 Current Liabilities 246.39 115.04 Trade Payables 91.67 53.57 Other Current Liabilities 80.21 18.05 Short Term Borrowings 60.85 40.19 Short Term Provisions 13.66 3.23 Total Liabilities 480.26 211.96 Net Block 110.50 54.40 Gross Block 135.44 70.11 Accumulated Depreciation 24.94 15.71 Non Current Assets 118.09 61.35 Capital Work in Progress 1.62 0.32 Non Current Investment 2.42 2.38 Long Term Loans & Adv. 3.54 4.26 Other Non Current Assets 0.00 0.00 Current Assets 362.16 150.61 Current Investments 0.00 12.00 Inventories 179.52 66.39 Sundry Debtors 116.12 46.69 Cash & Bank 12.05 0.19 Other Current Assets 54.48 4.91 Short Term Loans & Adv. 46.48 20.42 Net Current Assets 115.77 35.57 Total Assets 480.25 211.96

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity -48.85 1.71 -6.19 3.85 2.47 2.13 5.00 -3.83 1.24 1.38 PBT 52.45 11.54 3.85 1.23 2.36 6.24 6.80 4.38 1.36 0.57 Adjustment 19.02 18.58 9.84 0.76 1.20 1.24 1.19 1.31 0.90 0.46 Changes in Working Capital -108.21 -26.32 -19.20 2.13 -0.38 -3.61 -1.09 -8.17 -0.72 0.40 Cash after chg. in Working capital -36.75 3.80 -5.51 4.12 3.17 3.87 6.90 -2.48 1.54 1.44 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -12.11 -2.09 -0.68 -0.27 -0.70 -1.74 -1.90 -1.35 -0.29 -0.05 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -54.02 -21.24 -34.85 -27.23 -0.67 -0.64 -2.96 -3.37 -0.08 -0.87 Net Fixed Assets -66.58 -7.79 -35.15 -24.08 -0.06 -0.17 -0.88 -0.03 -0.33 -1.50 Net Investments 11.58 -13.55 -0.83 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Others 0.98 0.10 1.13 -3.15 -0.61 -0.47 -2.08 -3.34 0.25 0.63 Cash from Financing Activity 112.93 19.59 40.79 21.70 -0.31 -1.55 -1.60 5.86 -0.35 0.14 Net Cash Inflow / Outflow 10.05 0.06 -0.25 -1.68 1.49 -0.05 0.44 -1.34 0.81 0.65 Opening Cash & Equivalents 0.19 0.13 0.39 2.07 0.58 0.64 0.19 1.54 0.72 0.07 Closing Cash & Equivalent 10.24 0.19 0.13 0.39 2.07 0.58 0.64 0.19 1.54 0.72

Description Mar 25 Mar 24
Cash From Operating Activity -47.49 1.71 PBT 56.71 11.54 Adjustment 19.02 18.58 Changes in Working Capital -110.04 -26.32 Cash after chg. in Working capital -34.31 3.80 Interest Paid 0.00 0.00 Tax Paid -13.18 -2.09 Other Direct Exp. Paid 0.00 0.00 Extra & Other Items 0.00 0.00 Cash From Investing Activity -53.70 -21.24 Net Fixed Assets -66.58 Net Investments 11.58 Others 1.30 Cash from Financing Activity 113.05 19.59 Net Cash Inflow / Outflow 11.86 0.06 Opening Cash & Equivalents 0.19 0.13 Closing Cash & Equivalent 12.05 0.19

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 146.45 46.24 37.63 43.80 47.73 44.84 36.39 27.51 16.16 13.17 ROA 11.66% 4.95% 2.54% 1.33% 2.28% 6.20% 7.96% 8.20% 4.62% 3.12% ROE 38.74% 20.83% 7.46% 3.37% 7.33% 22.19% 31.51% 36.76% 32.71% 25.13% ROCE 28.21% 17.93% 11.98% 4.39% 10.93% 28.63% 34.35% 42.02% 37.04% 21.65% Fixed Asset Turnover 6.42 5.55 4.96 21.10 23.55 42.42 54.61 44.29 16.22 39.01 Receivable days 43.67 38.37 57.55 193.73 255.03 147.09 114.51 98.77 141.17 56.65 Inventory Days 66.45 48.26 50.36 56.43 30.06 14.49 15.74 17.57 17.05 6.03 Payable days 49.26 49.85 55.59 133.72 209.87 111.19 92.42 71.00 97.56 35.39 Cash Conversion Cycle 60.85 36.78 52.32 116.43 75.22 50.38 37.83 45.34 60.67 27.29 Total Debt/Equity 0.93 2.08 1.75 0.55 0.51 0.23 0.36 0.46 0.33 1.96 Interest Cover 5.87 2.10 1.69 2.64 3.18 6.42 9.50 6.50 3.24 1.82

Description Mar 25 Mar 24
Book Value (Rs.) 148.70 46.24 ROA 12.36% 4.12% ROE 41.37% 18.89% ROCE 29.96% 15.48% Fixed Asset Turnover 6.44 5.22 Receivable days 44.87 46.58 Inventory Days 67.77 66.22 Payable days 51.77 65.62 Cash Conversion Cycle 60.87 47.17 Total Debt/Equity 0.92 2.08 Interest Cover 6.27 2.10

Annual Reports:

News Update:

Solex Energy - Quarterly Results
11th Nov 2025, 00:00 AM

Read More
Solex Energy inks pact with ISC Konstanz
29th Oct 2025, 18:02 PM

The company has unveiled a concept launch of India’s first Rear Contact Solar Module
Read More
Solex Energy receives work order worth Rs 544.62 crore
13th Oct 2025, 15:30 PM

The work order is for the supply of N-Type TOPCon 615/620Wp Glass-to-Glass (G12R) Solar PV Modules
Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

Feedback