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Solex Energy Ltd. (IN:SOLEX)
:SOLEX
India Market

Solex Energy Ltd. (SOLEX) Ratios

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Solex Energy Ltd. Ratios

IN:SOLEX's free cash flow for Q2 2025 was ₹0.33. For the 2025 fiscal year, IN:SOLEX's free cash flow was decreased by ₹ and operating cash flow was ₹0.09. See a summary of the company’s cash flow.
Ratios
TTM
Mar 24Mar 23Mar 22Mar 22
Liquidity Ratios
Current Ratio
1.20 1.47 1.31 2.34
Quick Ratio
0.39 0.74 0.73 1.62
Cash Ratio
<0.01 0.05 <0.01 0.02
Solvency Ratio
0.09 0.16 0.10 0.03
Operating Cash Flow Ratio
0.12 -0.19 0.01 0.20
Short-Term Operating Cash Flow Coverage
0.38 -0.60 0.03 0.60
Net Current Asset Value
₹ -958.10M₹ 434.27M₹ -151.13M₹ 83.92M
Leverage Ratios
Debt-to-Assets Ratio
0.39 0.31 0.45 0.27
Debt-to-Equity Ratio
1.57 0.92 2.08 0.55
Debt-to-Capital Ratio
0.61 0.48 0.68 0.36
Long-Term Debt-to-Capital Ratio
0.45 0.30 0.51 0.27
Financial Leverage Ratio
4.04 2.99 4.58 2.08
Debt Service Coverage Ratio
0.54 0.70 0.45 0.25
Interest Coverage Ratio
3.61 7.01 2.50 3.33
Debt to Market Cap
0.27 0.23 0.17 0.22
Interest Debt Per Share
289.19 163.45 130.68 20.67
Net Debt to EBITDA
3.40 1.80 3.38 9.53
Profitability Margins
Gross Profit Margin
19.04%18.34%14.05%8.84%
EBIT Margin
8.19%9.96%5.44%2.43%
EBITDA Margin
9.90%11.36%7.75%2.78%
Operating Profit Margin
8.04%9.80%5.71%2.42%
Pretax Profit Margin
5.97%8.56%3.15%1.71%
Net Profit Margin
4.41%6.35%2.39%1.37%
Continuous Operations Profit Margin
4.59%6.46%2.39%1.37%
Net Income Per EBT
73.96%74.11%75.68%80.47%
EBT Per EBIT
74.24%87.37%55.25%70.52%
Return on Assets (ROA)
5.03%8.75%4.12%1.36%
Return on Equity (ROE)
23.76%26.16%18.89%2.82%
Return on Capital Employed (ROCE)
19.03%27.76%21.55%3.28%
Return on Invested Capital (ROIC)
10.98%15.67%10.84%2.35%
Return on Tangible Assets
5.04%8.76%4.13%1.36%
Earnings Yield
3.48%6.61%1.57%1.12%
Efficiency Ratios
Receivables Turnover
9.42 5.46 7.18 3.47
Payables Turnover
4.56 5.90 5.87 5.22
Inventory Turnover
2.19 3.01 4.74 4.60
Fixed Asset Turnover
3.09 5.93 6.72 2.91
Asset Turnover
1.14 1.38 1.73 0.99
Working Capital Turnover Ratio
8.84 8.75 11.46 0.00
Cash Conversion Cycle
125.11 126.16 65.73 114.65
Days of Sales Outstanding
38.73 66.86 50.85 105.30
Days of Inventory Outstanding
166.44 121.17 77.05 79.30
Days of Payables Outstanding
80.06 61.87 62.17 69.95
Operating Cycle
205.17 188.03 127.90 184.61
Cash Flow Ratios
Operating Cash Flow Per Share
41.66 -49.52 2.13 3.99
Free Cash Flow Per Share
-158.62 -119.00 -7.60 -21.02
CapEx Per Share
200.28 69.48 9.73 25.01
Free Cash Flow to Operating Cash Flow
-3.81 2.40 -3.56 -5.27
Dividend Paid and CapEx Coverage Ratio
0.21 -0.71 0.22 0.16
Capital Expenditure Coverage Ratio
0.21 -0.71 0.22 0.16
Operating Cash Flow Coverage Ratio
0.15 -0.32 0.02 0.20
Operating Cash Flow to Sales Ratio
0.05 -0.07 <0.01 0.05
Free Cash Flow Yield
-15.70%-17.95%-1.09%-23.01%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
26.42 15.12 63.74 89.22
Price-to-Sales (P/S) Ratio
1.17 0.96 1.52 1.23
Price-to-Book (P/B) Ratio
5.38 3.96 12.04 2.52
Price-to-Free Cash Flow (P/FCF) Ratio
-5.85 -5.57 -91.56 -4.35
Price-to-Operating Cash Flow Ratio
22.26 -13.38 326.28 22.90
Price-to-Earnings Growth (PEG) Ratio
0.94 0.05 0.21 0.00
Price-to-Fair Value
5.38 3.96 12.04 2.52
Enterprise Value Multiple
15.18 10.25 23.00 53.57
Enterprise Value
13.80B 7.71B 6.53B 1.07B
EV to EBITDA
16.23 10.25 23.00 53.57
EV to Sales
1.61 1.16 1.78 1.49
EV to Free Cash Flow
-8.06 -6.76 -107.34 -5.29
EV to Operating Cash Flow
30.68 -16.24 382.52 27.86
Tangible Book Value Per Share
174.04 168.01 57.45 36.25
Shareholders’ Equity Per Share
172.53 167.48 57.81 36.32
Tax and Other Ratios
Effective Tax Rate
0.23 0.25 0.24 0.20
Revenue Per Share
795.59 690.46 457.46 74.55
Net Income Per Share
35.11 43.82 10.92 1.02
Tax Burden
0.74 0.74 0.76 0.80
Interest Burden
0.73 0.86 0.58 0.70
Research & Development to Revenue
0.00 0.00 0.00 0.00
SG&A to Revenue
0.00 <0.01 <0.01 <0.01
Stock-Based Compensation to Revenue
0.00 0.00 0.00 0.00
Income Quality
0.77 -0.84 0.15 3.13
Currency in INR