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
₹11.53B
Enterprise Value₹15.79B
Total Cash (Recent Filing)₹168.46M
Total Debt (Recent Filing)₹2.93B
Price to Earnings (P/E)13.3
Beta0.39
Next Earnings
Nov 16, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.04%
Share Statistics
EPS (TTM)19.78
Shares Outstanding10,802,489
10 Day Avg. Volume56,624
30 Day Avg. Volume38,716
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
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 Growth & Margin ExpansionSolex's rapid top-line scaling with materially improved gross and EBIT margins indicates stronger product demand and improved operating leverage. Sustained revenue growth and healthier margins enhance reinvestment capacity, competitive positioning, and long-term profitability durability.
Operating Cash Flow RecoveryA return to strongly positive operating cash flow signals improving cash generation from core operations. If sustained, this reduces reliance on external financing to fund working capital and capex, supporting steady project execution and lowering liquidity risk over the medium term.
Expanded Scale And Equity BaseAn enlarged asset base and higher equity provide more capacity for utility and C&I project execution, supplier negotiation leverage, and operational scale economies. Greater scale supports diversification of projects and longer-term resilience versus smaller peers in the solar value chain.
Bears Say
Rising LeverageMaterial increase in leverage reduces financial flexibility and raises interest burdens. In a capital-intensive sector, higher debt makes the company more sensitive to cash-flow disruptions and could constrain strategic investments or force dilutive or costly financing if growth slows.
Weak Free Cash Flow ConversionVery low FCF relative to reported earnings shows profits are not converting into durable cash, reflecting heavy reinvestment or working-capital strain. Persistent weak conversion limits ability to deleverage, fund dividends, or self-finance expansion without external capital.
Cyclical, Capital-intensive Industry ExposureThe solar supply chain is cyclical and highly competitive; combined with Solex's capital intensity and elevated leverage, this raises downside risk in periods of price pressure or demand softness. Structural exposure could compress margins and amplify financing needs.
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 ₹11.53B.
When is Solex Energy Ltd.’s upcoming earnings report date?
Solex Energy Ltd.’s upcoming earnings report date is Nov 16, 2026 which is in 159 days.
How were Solex Energy Ltd.’s earnings last quarter?
Solex Energy Ltd. released its earnings results on May 16, 2026. The company reported ₹53.61 earnings per share for the quarter, beating the consensus estimate of N/A by ₹53.61.
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 ₹53.61 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 Ltd. operates within India, specializing in the production and sale of solar photovoltaic (PV) panels. The company delivers comprehensive, end-to-end solar solutions, encompassing engineering, procurement, and construction (EPC) services for the renewable energy market. Their extensive portfolio features complete solar power plant installations, including large-scale utility ground-mounted facilities and solar water pumping systems. Solex also addresses various other needs, offering rooftop solar systems for both residential and industrial clients, independent off-grid power plants, grid-connected solar solutions, and integrated solar lighting systems for homes and streets. Furthermore, they provide bespoke solar solutions tailored to specific requirements. Solex Energy serves a remarkably diverse clientele, reaching across numerous sectors such as government entities, real estate development, agriculture, manufacturing, healthcare, hospitality, housing societies, banking and financial institutions, educational bodies, transportation and logistics, media and entertainment, and the telecommunications industry. Established in 1995, Solex Energy Ltd. is headquartered in Surat, India.
Technical Analysis
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