SOLEX Stock Overview
Manufactures and sells solar photovoltaic modules in India. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Solex Energy Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹1,452.60 |
| 52 Week High | ₹1,786.70 |
| 52 Week Low | ₹332.00 |
| Beta | -0.10 |
| 1 Month Change | -4.75% |
| 3 Month Change | 9.08% |
| 1 Year Change | 300.34% |
| 3 Year Change | 2,506.96% |
| 5 Year Change | 6,897.11% |
| Change since IPO | 3,391.83% |
Recent News & Updates
Additional Considerations Required While Assessing Solex Energy's (NSE:SOLEX) Strong Earnings
Nov 18
We Ran A Stock Scan For Earnings Growth And Solex Energy (NSE:SOLEX) Passed With Ease
Nov 05Further Upside For Solex Energy Limited (NSE:SOLEX) Shares Could Introduce Price Risks After 30% Bounce
Oct 10Recent updates
Additional Considerations Required While Assessing Solex Energy's (NSE:SOLEX) Strong Earnings
Nov 18We Ran A Stock Scan For Earnings Growth And Solex Energy (NSE:SOLEX) Passed With Ease
Nov 05Further Upside For Solex Energy Limited (NSE:SOLEX) Shares Could Introduce Price Risks After 30% Bounce
Oct 10Market Might Still Lack Some Conviction On Solex Energy Limited (NSE:SOLEX) Even After 29% Share Price Boost
Aug 09We Think Solex Energy (NSE:SOLEX) Is Taking Some Risk With Its Debt
Jul 17Market Might Still Lack Some Conviction On Solex Energy Limited (NSE:SOLEX) Even After 50% Share Price Boost
Jun 12The Market Lifts Solex Energy Limited (NSE:SOLEX) Shares 26% But It Can Do More
Apr 18Solex Energy Limited's (NSE:SOLEX) Shares Leap 29% Yet They're Still Not Telling The Full Story
Feb 20Here's Why Solex Energy (NSE:SOLEX) Has A Meaningful Debt Burden
Feb 02Solex Energy Limited (NSE:SOLEX) Soars 27% But It's A Story Of Risk Vs Reward
Jan 05Solex Energy (NSE:SOLEX) May Have Issues Allocating Its Capital
Jan 04Here's Why Shareholders May Want To Be Cautious With Increasing Solex Energy Limited's (NSE:SOLEX) CEO Pay Packet
Sep 23There Are Reasons To Feel Uneasy About Solex Energy's (NSE:SOLEX) Returns On Capital
Sep 13Is Solex Energy (NSE:SOLEX) A Risky Investment?
Jun 24These 4 Measures Indicate That Solex Energy (NSE:SOLEX) Is Using Debt Extensively
Aug 17Does Solex Energy (NSE:SOLEX) Have A Healthy Balance Sheet?
Jul 07Is Solex Energy Limited (NSE:SOLEX) The Right Choice For A Smart Dividend Investor?
Feb 22Shareholder Returns
| SOLEX | IN Semiconductor | IN Market | |
|---|---|---|---|
| 7D | -3.8% | -4.9% | -4.2% |
| 1Y | 300.3% | 175.1% | 19.1% |
Return vs Industry: SOLEX exceeded the Indian Semiconductor industry which returned 175.1% over the past year.
Return vs Market: SOLEX exceeded the Indian Market which returned 19.1% over the past year.
Price Volatility
| SOLEX volatility | |
|---|---|
| SOLEX Average Weekly Movement | 7.0% |
| Semiconductor Industry Average Movement | 7.3% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in IN Market | 9.0% |
| 10% least volatile stocks in IN Market | 4.1% |
Stable Share Price: SOLEX has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: SOLEX's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1995 | 430 | Chetan Shah | www.solex.in |
Solex Energy Limited manufactures and sells solar photovoltaic modules in India. It provides solar turnkey solutions for solar power plants, solar water pumps, and utility scale ground mounted solar power plants, as well as engineering, procurement, and construction services for the solar energy market. The company also offers solar residential and industrial rooftop systems; solar power plants; solar charging stations; solar PV modules; and bi-facial and monofacial monocrystalline PV modules.
Solex Energy Limited Fundamentals Summary
| SOLEX fundamental statistics | |
|---|---|
| Market cap | ₹14.53b |
| Earnings (TTM) | ₹210.39m |
| Revenue (TTM) | ₹5.46b |
69.0x
P/E Ratio2.7x
P/S RatioIs SOLEX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SOLEX income statement (TTM) | |
|---|---|
| Revenue | ₹5.46b |
| Cost of Revenue | ₹4.54b |
| Gross Profit | ₹917.01m |
| Other Expenses | ₹706.63m |
| Earnings | ₹210.39m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 21.04 |
| Gross Margin | 16.80% |
| Net Profit Margin | 3.85% |
| Debt/Equity Ratio | 55.7% |
How did SOLEX perform over the long term?
See historical performance and comparisonDividends
0.03%
Current Dividend Yield5%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 02:23 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Solex Energy Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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