Solex Energy Ltd. (IN:SOLEX)
:SOLEX
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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
₹13.80B
Enterprise Value₹16.64B
Total Cash (Recent Filing)₹168.46M
Total Debt (Recent Filing)₹2.93B
Price to Earnings (P/E)38.4
Beta0.53
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
Improved Margins And Revenue GrowthSolex shows durable top-line expansion with materially better gross and net margins in 2025, indicating improved cost control and pricing power. Sustained margin improvement supports reinvestment in product, scale economics across projects, and long-term profitability resilience.
High Return On EquityA 26.16% ROE signals the company is effective at converting shareholder equity into profit. Over the medium term this supports retention of earnings for growth, makes equity financing more accretive, and indicates durable operational leverage when paired with sustainable margins.
Vertical Integration Across Solar Value ChainSolex’s presence from design and manufacturing to project deployment and services creates multiple revenue streams and better control over quality and margins. Vertical integration enhances competitive positioning, reduces supplier reliance, and supports long-term contract wins across residential to utility segments.
Bears Say
Negative Operating And Free Cash FlowOperating and free cash flow shortfalls indicate the business struggles to convert accounting profits into cash. Persisting cash deficits constrain capex and working capital funding, increase reliance on external financing, and raise execution risk for multi‑year project deployments.
Moderate Leverage And Equity CushionA debt-to-equity near 0.92 and a one‑third equity ratio show meaningful reliance on debt financing. With negative cash flow, leverage reduces financial flexibility, raises refinancing and interest risks, and could pressure margins or force asset-light funding choices during cyclical downturns.
Modest Operating MarginsEBIT and EBITDA margins below mid‑teens imply limited buffer against rising input or installation costs. Modest operating efficiency constrains free cash generation potential and necessitates scale or productivity gains to sustainably fund growth and absorb commodity or policy shocks.
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 ₹13.80B.
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 44 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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