company background image
SOLEX logo

Solex Energy NSEI:SOLEX Stock Report

Last Price

₹1.53k

Market Cap

₹15.2b

7D

1.8%

1Y

298.8%

Updated

21 Nov, 2024

Data

Company Financials

Solex Energy Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Solex Energy
Historical stock prices
Current Share Price₹1,525.00
52 Week High₹1,786.70
52 Week Low₹332.00
Beta-0.19
11 Month Change13.81%
3 Month Change7.19%
1 Year Change298.80%
33 Year Change3,955.85%
5 Year Change6,831.82%
Change since IPO3,565.87%

Recent News & Updates

Additional Considerations Required While Assessing Solex Energy's (NSE:SOLEX) Strong Earnings

Nov 18
Additional Considerations Required While Assessing Solex Energy's (NSE:SOLEX) Strong Earnings

We Ran A Stock Scan For Earnings Growth And Solex Energy (NSE:SOLEX) Passed With Ease

Nov 05
We Ran A Stock Scan For Earnings Growth And Solex Energy (NSE:SOLEX) Passed With Ease

Further Upside For Solex Energy Limited (NSE:SOLEX) Shares Could Introduce Price Risks After 30% Bounce

Oct 10
Further Upside For Solex Energy Limited (NSE:SOLEX) Shares Could Introduce Price Risks After 30% Bounce

Recent updates

Additional Considerations Required While Assessing Solex Energy's (NSE:SOLEX) Strong Earnings

Nov 18
Additional Considerations Required While Assessing Solex Energy's (NSE:SOLEX) Strong Earnings

We Ran A Stock Scan For Earnings Growth And Solex Energy (NSE:SOLEX) Passed With Ease

Nov 05
We Ran A Stock Scan For Earnings Growth And Solex Energy (NSE:SOLEX) Passed With Ease

Further Upside For Solex Energy Limited (NSE:SOLEX) Shares Could Introduce Price Risks After 30% Bounce

Oct 10
Further Upside For Solex Energy Limited (NSE:SOLEX) Shares Could Introduce Price Risks After 30% Bounce

Market Might Still Lack Some Conviction On Solex Energy Limited (NSE:SOLEX) Even After 29% Share Price Boost

Aug 09
Market Might Still Lack Some Conviction On Solex Energy Limited (NSE:SOLEX) Even After 29% Share Price Boost

We Think Solex Energy (NSE:SOLEX) Is Taking Some Risk With Its Debt

Jul 17
We Think Solex Energy (NSE:SOLEX) Is Taking Some Risk With Its Debt

Market Might Still Lack Some Conviction On Solex Energy Limited (NSE:SOLEX) Even After 50% Share Price Boost

Jun 12
Market Might Still Lack Some Conviction On Solex Energy Limited (NSE:SOLEX) Even After 50% Share Price Boost

The Market Lifts Solex Energy Limited (NSE:SOLEX) Shares 26% But It Can Do More

Apr 18
The Market Lifts Solex Energy Limited (NSE:SOLEX) Shares 26% But It Can Do More

Solex Energy Limited's (NSE:SOLEX) Shares Leap 29% Yet They're Still Not Telling The Full Story

Feb 20
Solex Energy Limited's (NSE:SOLEX) Shares Leap 29% Yet They're Still Not Telling The Full Story

Here's Why Solex Energy (NSE:SOLEX) Has A Meaningful Debt Burden

Feb 02
Here's Why Solex Energy (NSE:SOLEX) Has A Meaningful Debt Burden

Solex Energy Limited (NSE:SOLEX) Soars 27% But It's A Story Of Risk Vs Reward

Jan 05
Solex Energy Limited (NSE:SOLEX) Soars 27% But It's A Story Of Risk Vs Reward

Solex Energy (NSE:SOLEX) May Have Issues Allocating Its Capital

Jan 04
Solex Energy (NSE:SOLEX) May Have Issues Allocating Its Capital

Here's Why Shareholders May Want To Be Cautious With Increasing Solex Energy Limited's (NSE:SOLEX) CEO Pay Packet

Sep 23
Here's Why Shareholders May Want To Be Cautious With Increasing Solex Energy Limited's (NSE:SOLEX) CEO Pay Packet

There Are Reasons To Feel Uneasy About Solex Energy's (NSE:SOLEX) Returns On Capital

Sep 13
There Are Reasons To Feel Uneasy About Solex Energy's (NSE:SOLEX) Returns On Capital

Is Solex Energy (NSE:SOLEX) A Risky Investment?

Jun 24
Is Solex Energy (NSE:SOLEX) A Risky Investment?

These 4 Measures Indicate That Solex Energy (NSE:SOLEX) Is Using Debt Extensively

Aug 17
These 4 Measures Indicate That Solex Energy (NSE:SOLEX) Is Using Debt Extensively

Does Solex Energy (NSE:SOLEX) Have A Healthy Balance Sheet?

Jul 07
Does Solex Energy (NSE:SOLEX) Have A Healthy Balance Sheet?

Is Solex Energy Limited (NSE:SOLEX) The Right Choice For A Smart Dividend Investor?

Feb 22
Is Solex Energy Limited (NSE:SOLEX) The Right Choice For A Smart Dividend Investor?

Shareholder Returns

SOLEXIN SemiconductorIN Market
7D1.8%4.0%0.3%
1Y298.8%165.3%27.3%

Return vs Industry: SOLEX exceeded the Indian Semiconductor industry which returned 165.3% over the past year.

Return vs Market: SOLEX exceeded the Indian Market which returned 27.3% over the past year.

Price Volatility

Is SOLEX's price volatile compared to industry and market?
SOLEX volatility
SOLEX Average Weekly Movement8.6%
Semiconductor Industry Average Movement8.0%
Market Average Movement6.1%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market4.0%

Stable Share Price: SOLEX's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: SOLEX's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1995430Chetan Shahwww.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

How do Solex Energy's earnings and revenue compare to its market cap?
SOLEX fundamental statistics
Market cap₹15.23b
Earnings (TTM)₹210.39m
Revenue (TTM)₹5.46b

72.5x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
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 Margin16.80%
Net Profit Margin3.85%
Debt/Equity Ratio55.7%

How did SOLEX perform over the long term?

See historical performance and comparison

Dividends

0.03%

Current Dividend Yield

5%

Payout Ratio