Solex Energy Limited

NSEI:SOLEX Stock Report

Market Cap: ₹19.7b

Solex Energy Past Earnings Performance

Past criteria checks 4/6

Solex Energy has been growing earnings at an average annual rate of 74.9%, while the Semiconductor industry saw earnings growing at 51.8% annually. Revenues have been growing at an average rate of 52.2% per year. Solex Energy's return on equity is 32%, and it has net margins of 7.3%.

Key information

74.93%

Earnings growth rate

73.18%

EPS growth rate

Semiconductor Industry Growth22.65%
Revenue growth rate52.24%
Return on equity31.98%
Net Margin7.26%
Last Earnings Update30 Sep 2025

Recent past performance updates

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

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

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

Recent updates

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

Nov 19
Solex Energy (NSE:SOLEX) Seems To Use Debt Quite Sensibly

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

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

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

Sep 24
Here's Why Solex Energy (NSE:SOLEX) Has Caught The Eye Of Investors

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?

Revenue & Expenses Breakdown

How Solex Energy makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:SOLEX Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 258,0375834030
30 Jun 257,3305023500
31 Mar 256,6224202970
31 Dec 246,0413152570
30 Sep 245,4602102020
30 Jun 244,5591491870
31 Mar 243,659871870
31 Dec 233,000631580
30 Sep 232,342391290
30 Jun 231,979331070
31 Mar 231,61727840
31 Dec 221,09613590
30 Sep 22579-1340
30 Jun 226515310
31 Mar 2271910280
31 Dec 2182112260
30 Sep 2192414250
30 Jun 2186015230
31 Mar 2179617220
31 Dec 2084823200
30 Sep 2089929190
30 Jun 201,14037180
31 Mar 201,38045180
31 Dec 191,46951170
30 Sep 191,55757170
30 Jun 191,52454170
31 Mar 191,49150170
31 Mar 181,01332100
31 Mar 17341980
31 Mar 16464450
31 Mar 15127230

Quality Earnings: SOLEX has a high level of non-cash earnings.

Growing Profit Margin: SOLEX's current net profit margins (7.3%) are higher than last year (3.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SOLEX's earnings have grown significantly by 74.9% per year over the past 5 years.

Accelerating Growth: SOLEX's earnings growth over the past year (177.2%) exceeds its 5-year average (74.9% per year).

Earnings vs Industry: SOLEX earnings growth over the past year (177.2%) exceeded the Semiconductor industry 116.6%.


Return on Equity

High ROE: Whilst SOLEX's Return on Equity (31.98%) is high, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/20 11:54
End of Day Share Price 2025/11/20 00:00
Earnings2025/09/30
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.