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Solex Energy LimitedNSEI:SOLEX Stock Report

Market Cap ₹13.0b
Share Price
₹1.29k
My Fair Value
₹4.09
31.5k% overvalued intrinsic discount
1Y1.2%
7D-9.5%
Portfolio Value
View

Solex Energy Limited

NSEI:SOLEX Stock Report

Market Cap: ₹13.0b

Solex Energy (SOLEX) Stock Overview

Manufactures and sells solar photovoltaic modules in India. More details

SOLEX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends0/6

SOLEX Community Fair Values

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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₹1,294.25
52 Week High₹1,786.70
52 Week Low₹630.90
Beta-0.44
1 Month Change-10.74%
3 Month Change9.38%
1 Year Change1.16%
3 Year Change557.11%
5 Year Change5,677.90%
Change since IPO3,011.18%

Recent News & Updates

Recent updates

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

Jul 16
Capital Investments At Solex Energy (NSE:SOLEX) Point To A Promising Future

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

Jun 24
After Leaping 25% Solex Energy Limited (NSE:SOLEX) Shares Are Not Flying Under The Radar

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

May 22
Does Solex Energy (NSE:SOLEX) Have A Healthy Balance Sheet?

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

May 22
Solex Energy's (NSE:SOLEX) Earnings Are Of Questionable Quality

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

Apr 26
Earnings Tell The Story For Solex Energy Limited (NSE:SOLEX) As Its Stock Soars 27%

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

Mar 11
With A 28% Price Drop For Solex Energy Limited (NSE:SOLEX) You'll Still Get What You Pay For

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

Mar 04
Some Investors May Be Worried About Solex Energy's (NSE:SOLEX) Returns On Capital

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

Feb 10
Here's Why We Think Solex Energy (NSE:SOLEX) Might Deserve Your Attention Today

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

Jan 23
Solex Energy Limited's (NSE:SOLEX) P/E Still Appears To Be Reasonable

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
7D-9.5%0.7%-1.5%
1Y1.2%-9.6%-7.1%

Return vs Industry: SOLEX exceeded the Indian Semiconductor industry which returned -9.6% over the past year.

Return vs Market: SOLEX exceeded the Indian Market which returned -7.1% over the past year.

Price Volatility

Is SOLEX's price volatile compared to industry and market?
SOLEX volatility
SOLEX Average Weekly Movement5.3%
Semiconductor Industry Average Movement6.3%
Market Average Movement5.2%
10% most volatile stocks in IN Market7.9%
10% least volatile stocks in IN Market3.3%

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 (5%) has been stable over the past year.

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₹13.00b
Earnings (TTM)₹420.28m
Revenue (TTM)₹6.62b
30.8x
P/E Ratio
2.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOLEX income statement (TTM)
Revenue₹6.62b
Cost of Revenue₹5.12b
Gross Profit₹1.50b
Other Expenses₹1.08b
Earnings₹420.28m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)42.03
Gross Margin22.69%
Net Profit Margin6.35%
Debt/Equity Ratio91.3%

How did SOLEX perform over the long term?

See historical performance and comparison

Dividends

0.04%
Current Dividend Yield
1%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/28 15:47
End of Day Share Price 2025/08/28 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

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.