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Solex Energy LimitedNSEI:SOLEX Stock Report

Market Cap ₹9.5b
Share Price
n/a
1Y-42.2%
7D-12.7%
1D-10.3%
Portfolio Value
View

Solex Energy Limited

NSEI:SOLEX Stock Report

Market Cap: ₹9.5b

Solex Energy (SOLEX) Stock Overview

Manufactures and sells solar photovoltaic modules in India. More details

SOLEX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends0/6

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Solex Energy Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Solex Energy
Historical stock prices
Current Share Price₹789.00
52 Week High₹1,985.00
52 Week Low₹795.45
Beta-0.25
1 Month Change-19.81%
3 Month Change-41.36%
1 Year Change-42.24%
3 Year Change49.51%
5 Year Change1,791.18%
Change since IPO1,796.63%

Recent News & Updates

Analysis Article Jun 01

Solex Energy's (NSE:SOLEX) Shareholders May Want To Dig Deeper Than Statutory Profit

The market for Solex Energy Limited's ( NSE:SOLEX ) stock was strong after it released a healthy earnings report last...

Recent updates

Analysis Article Jun 01

Solex Energy's (NSE:SOLEX) Shareholders May Want To Dig Deeper Than Statutory Profit

The market for Solex Energy Limited's ( NSE:SOLEX ) stock was strong after it released a healthy earnings report last...
Analysis Article Feb 10

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

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Dec 23

Solex Energy Limited's (NSE:SOLEX) 26% Share Price Plunge Could Signal Some Risk

Solex Energy Limited ( NSE:SOLEX ) shares have had a horrible month, losing 26% after a relatively good period...
Analysis Article Dec 09

Returns On Capital Are A Standout For Solex Energy (NSE:SOLEX)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
Analysis Article Nov 21

Shareholders Shouldn’t Be Too Comfortable With Solex Energy's (NSE:SOLEX) Strong Earnings

Despite posting strong earnings, Solex Energy Limited's ( NSE:SOLEX ) stock didn't move much over the last week. We...
Analysis Article Nov 19

Solex Energy (NSE:SOLEX) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Sep 27

Solex Energy Limited (NSE:SOLEX) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable

Solex Energy Limited ( NSE:SOLEX ) shareholders have had their patience rewarded with a 27% share price jump in the...
Analysis Article Sep 24

Here's Why Solex Energy (NSE:SOLEX) Has Caught The Eye Of Investors

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jul 16

Capital Investments At Solex Energy (NSE:SOLEX) Point To A Promising Future

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Analysis Article Jun 24

After Leaping 25% Solex Energy Limited (NSE:SOLEX) Shares Are Not Flying Under The Radar

Solex Energy Limited ( NSE:SOLEX ) shares have continued their recent momentum with a 25% gain in the last month alone...
Analysis Article May 22

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

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article May 22

Solex Energy's (NSE:SOLEX) Earnings Are Of Questionable Quality

Solex Energy Limited ( NSE:SOLEX ) just reported some strong earnings, and the market reacted accordingly with a...
Analysis Article Apr 26

Earnings Tell The Story For Solex Energy Limited (NSE:SOLEX) As Its Stock Soars 27%

Those holding Solex Energy Limited ( NSE:SOLEX ) shares would be relieved that the share price has rebounded 27% in the...
Analysis Article Mar 11

With A 28% Price Drop For Solex Energy Limited (NSE:SOLEX) You'll Still Get What You Pay For

Unfortunately for some shareholders, the Solex Energy Limited ( NSE:SOLEX ) share price has dived 28% in the last...
Analysis Article Mar 04

Some Investors May Be Worried About Solex Energy's (NSE:SOLEX) Returns On Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Feb 10

Here's Why We Think Solex Energy (NSE:SOLEX) Might Deserve Your Attention Today

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Jan 23

Solex Energy Limited's (NSE:SOLEX) P/E Still Appears To Be Reasonable

Solex Energy Limited's ( NSE:SOLEX ) price-to-earnings (or "P/E") ratio of 55.2x might make it look like a strong sell...
Analysis Article Nov 18

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

Despite announcing strong earnings, Solex Energy Limited's ( NSE:SOLEX ) stock was sluggish. We did some digging and...
Analysis Article Nov 05

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

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Oct 10

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

Solex Energy Limited ( NSE:SOLEX ) shares have continued their recent momentum with a 30% gain in the last month alone...
Analysis Article Aug 09

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

Despite an already strong run, Solex Energy Limited ( NSE:SOLEX ) shares have been powering on, with a gain of 29% in...
Analysis Article Jul 17

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

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jun 12

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

Despite an already strong run, Solex Energy Limited ( NSE:SOLEX ) shares have been powering on, with a gain of 50% in...
Analysis Article Apr 18

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

Solex Energy Limited ( NSE:SOLEX ) shares have continued their recent momentum with a 26% gain in the last month alone...
Analysis Article Feb 20

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

Solex Energy Limited ( NSE:SOLEX ) shares have continued their recent momentum with a 29% gain in the last month alone...
Analysis Article Feb 02

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

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jan 05

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

Solex Energy Limited ( NSE:SOLEX ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Jan 04

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

There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Analysis Article Sep 23

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

Key Insights Solex Energy will host its Annual General Meeting on 29th of September Total pay for CEO Chetan Shah...
Analysis Article Sep 13

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

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Jun 24

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

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Aug 17

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

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jul 07

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

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Feb 22

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

Dividend paying stocks like Solex Energy Limited ( NSE:SOLEX ) tend to be popular with investors, and for good reason...

Shareholder Returns

SOLEXIN SemiconductorIN Market
7D-12.7%-1.5%-0.4%
1Y-42.2%-4.0%4.6%

Return vs Industry: SOLEX underperformed the Indian Semiconductor industry which returned -4% over the past year.

Return vs Market: SOLEX underperformed the Indian Market which returned 4.6% over the past year.

Price Volatility

Is SOLEX's price volatile compared to industry and market?
SOLEX volatility
SOLEX Average Weekly Movement5.5%
Semiconductor Industry Average Movement5.5%
Market Average Movement5.9%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market3.6%

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 (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995877Chetan 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, off-grid power plants, solar grid-connected systems, solar home and street light systems, solar water pumps, and custom solar solutions.

Solex Energy Limited Fundamentals Summary

How do Solex Energy's earnings and revenue compare to its market cap?
SOLEX fundamental statistics
Market cap₹9.50b
Earnings (TTM)₹798.20m
Revenue (TTM)₹16.23b
10.7x
P/E Ratio
0.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOLEX income statement (TTM)
Revenue₹16.23b
Cost of Revenue₹12.96b
Gross Profit₹3.26b
Other Expenses₹2.46b
Earnings₹798.20m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)73.89
Gross Margin20.10%
Net Profit Margin4.92%
Debt/Equity Ratio105.1%

How did SOLEX perform over the long term?

See historical performance and comparison

Dividends

0.07%
Current Dividend Yield
1%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/17 16:27
End of Day Share Price 2026/08/17 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

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.