Solex Energy Ltd. (IN:SOLEX)
:SOLEX
SOLEX Stock Chart & Stats
₹1446.30
₹39.50(3.05%)
At close: 4:00 PM EST
₹1446.30
₹39.50(3.05%)
Day’s Range― - ―
52-Week Range₹795.45 - ₹1,985.00
Previous CloseN/A
Volume23.00K
Average Volume (3M)38.72K
Market Cap
₹10.51B
Enterprise Value₹13.40B
Total Cash (Recent Filing)₹168.46M
Total Debt (Recent Filing)₹2.93B
Price to Earnings (P/E)38.4
Beta0.11
Next Earnings
Jun 03, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.04%
Share Statistics
EPS (TTM)8.07
Shares Outstanding10,802,489
10 Day Avg. Volume56,624
30 Day Avg. Volume38,716
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)3.96
Price to Sales (P/S)0.96
P/FCF Ratio-5.57
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Revenue & Margin ExpansionSustained high revenue growth paired with rising gross and net margins indicates the company is scaling sales while improving unit economics. This combo supports durable profitability, enables reinvestment in capacity and R&D, and strengthens competitive positioning over the next 2–6 months.
Strong ROEA 26% ROE signals effective use of shareholder capital to generate profits, reflecting profitable project selection and operational execution. High ROE supports internal funding of growth initiatives and indicates management can deliver returns even with moderate leverage.
Industry Incentives & Diversified RevenueStructural policy support and subsidies for renewables bolster demand and improve project economics for solar providers. Combined with diversified revenues—manufacturing, installation, maintenance, and partnerships—this reduces single-channel risk and supports predictable multi-year cash streams.
Bears Say
Negative Cash FlowDespite accounting profits, inability to convert earnings into positive operating and free cash flow creates liquidity pressure. This constrains capital expenditures and working capital funding, increases dependence on external financing, and risks slowing execution of growth projects.
Moderate LeverageNear 1.0 debt/equity and a sub-35% equity ratio indicate material reliance on debt financing. With weak cash conversion, leverage raises refinancing and interest-rate risks, reducing financial flexibility to pursue large projects or weather demand/price shocks over the medium term.
Thin Operating MarginsModest EBIT/EBITDA margins mean the business has limited buffer against cost inflation or pricing pressure. Even with revenue growth, constrained operating profitability limits free cash flow expansion and makes sustained investment in manufacturing scale or technology upgrades more challenging.
Solex Energy Ltd. News
SOLEX FAQ
What was Solex Energy Ltd.’s price range in the past 12 months?
Solex Energy Ltd. lowest stock price was ₹795.45 and its highest was ₹1985.00 in the past 12 months.
What is Solex Energy Ltd.’s market cap?
Solex Energy Ltd.’s market cap is ₹10.51B.
When is Solex Energy Ltd.’s upcoming earnings report date?
Solex Energy Ltd.’s upcoming earnings report date is Jun 03, 2026 which is in 66 days.
How were Solex Energy Ltd.’s earnings last quarter?
Solex Energy Ltd. released its earnings results on Feb 12, 2026. The company reported ₹8.067 earnings per share for the quarter, beating the consensus estimate of N/A by ₹8.067.
Is Solex Energy Ltd. overvalued?
According to Wall Street analysts Solex Energy Ltd.’s price is currently Overvalued.
Does Solex Energy Ltd. pay dividends?
Solex Energy Ltd. pays a Notavailable dividend of ₹0.55 which represents an annual dividend yield of 0.04%. See more information on Solex Energy Ltd. dividends here
What is Solex Energy Ltd.’s EPS estimate?
Solex Energy Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Solex Energy Ltd. have?
Solex Energy Ltd. has 10,802,489 shares outstanding.
What happened to Solex Energy Ltd.’s price movement after its last earnings report?
Solex Energy Ltd. reported an EPS of ₹8.067 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.931%.
Which hedge fund is a major shareholder of Solex Energy Ltd.?
Currently, no hedge funds are holding shares in IN:SOLEX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Solex Energy Ltd.
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. It serves government, real estate, agriculture, manufacturing, healthcare, hospitality, residential societies, banking institutions, educational institutes, transport and logistics, media and entertainment, and telecom and communications industries. Solex Energy Limited was founded in 1995 and is based in Surat, India.
Technical Analysis
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