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Solex Energy NSEI:SOLEX Stock Report

Last Price

₹1.44k

Market Cap

₹11.8b

7D

3.7%

1Y

250.1%

Updated

13 Jun, 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₹1,436.85
52 Week High₹1,640.00
52 Week Low₹387.00
Beta-0.28
1 Month Change32.79%
3 Month Change83.06%
1 Year Change250.11%
3 Year Change2,294.75%
5 Year Change5,886.88%
Change since IPO2,663.17%

Recent News & Updates

Recent updates

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
7D3.7%10.9%3.7%
1Y250.1%106.5%44.7%

Return vs Industry: SOLEX exceeded the Indian Semiconductor industry which returned 105.6% over the past year.

Return vs Market: SOLEX exceeded the Indian Market which returned 43.8% over the past year.

Price Volatility

Is SOLEX's price volatile compared to industry and market?
SOLEX volatility
SOLEX Average Weekly Movement9.1%
Semiconductor Industry Average Movement8.5%
Market Average Movement6.6%
10% most volatile stocks in IN Market9.6%
10% least volatile stocks in IN Market4.3%

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

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
1998368Chetan 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. The company also offers solar street lighting systems; solar water heaters; submersible and surface solar water pumps; solar rooftop systems; solar power plants; solar powered petrol stations; and polycrystalline and monocrystalline solar panels.

Solex Energy Limited Fundamentals Summary

How do Solex Energy's earnings and revenue compare to its market cap?
SOLEX fundamental statistics
Market cap₹11.79b
Earnings (TTM)₹87.35m
Revenue (TTM)₹3.66b

131.6x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOLEX income statement (TTM)
Revenue₹3.66b
Cost of Revenue₹2.98b
Gross Profit₹679.77m
Other Expenses₹592.42m
Earnings₹87.35m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)10.92
Gross Margin18.58%
Net Profit Margin2.39%
Debt/Equity Ratio208.0%

How did SOLEX perform over the long term?

See historical performance and comparison

Dividends

0.04%

Current Dividend Yield

5%

Payout Ratio
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