Get 50% OFF This Summer!

Advertisement
logo

Solex Energy

SOLEX
Small Cap
(%) 1D
no_data

No Data Available

1D1W1M3M6M1YMAX

Investor Sentiment

50%50%
Bullish
Bearish
Advertisement

Solex Energy Share price and Fundamental Analysis

View All Details
View All Details
Solex Energy Limited was originally incorporated on October 13, 2014 as 'Solex Energy Private Limited'. Further the Company was converted into Public Limited Company and consequently name of the company was changed from 'Solex Energy Private Limited' to 'Solex Energy Limited' on September 22, 2017.
Company Incorporation2014
ChairmanChetan Sureshchandra Shah
Head QuartersSurat
Previous NameNA

Key Metrics

Market Cap (Cr)
1,028.18
PE Ratio
24.46
Industry P/E
30.38
PEG Ratio
0
ROE
26.16%
ROCE
21.9%
ROA
8.91%
Total Debt (Cr)
147.5
Debt to Equity
0.92
Dividend Yield
0.06%
EPS
38.91
Book Value & P/B
148.7 x 6.4
Face Value
10
Outstanding Shares(Cr)
1.08
Current Ratio
2.16
EV to Sales
1.76

Stock Returns

1 Week+7.47%
1 Month+21.22%
6 Months-36.45%
1 Year-5.01%
3 Years+599.44%
5 Years+4687.73%

CAGR

1 Year CAGR

Revenue Growth

+126.28%

Net Profit Growth

+222.23%

Operating Profit Growth

+117.93%

Dividend Growth

+266.67%

Stock Returns CAGR

-5.01%
no_data

No Stocks

Smart Score

2.8
icn

Unlock Smart Score

See Detailed Analysis & Insights

icn

Unlock Insights

See Detailed Analysis & Insights

Technicals

Returns Calculator

If you would have invested
In 5 years the current value would be
NaNCRNaNCR( %)

Research Report

No Research Report

View Other Reports >

Corporate Action

Board-Meetings
Board-Meetings
Dividends
Bonus
Splits
Right-issues
AGM-EGM
Bulk-Deal
Block-Deal

Financials

Profit and Loss Statement

Credit Rating
Director Report
Chairman Report
Auditor Report
Mar 25

Promoters : 66.15%

FIIs : 0.01%

DIIs : 0.00%

Public : 33.84%

Promoter
FII/FPI
DII
Public
Promoter Pledge stands at 0.0% of holding in March 2025 Qtr
FII Shareholding Decreased by 0.02% to 0.01% in March 2025 Qtr

Top Shareholders

View all Share Holders

Key Ratios

Profitability
Valuation
Liquidity

ROE

Avg ROE (3 Yrs) : NaN%

ROCE

Avg ROCE (3 Yrs) : NaN%

ROA

Avg ROA (3 Yrs) : NaN%

NPM

Avg NPM (3 Yrs) : NaN%

Dividend History

Solex Energy Competitors

Sector
Industry

Company Name

MCap(TTM)

PE(TTM)

P/B(TTM)

ROE(TTM)

D/E

Current Ratio(TTM)

5 Year FactSheet

Profitability
Profitability
Growth Ratios
Valuation Ratios
Cashflow Ratios
Debt and Liquidity
Efficiency Ratios

Documents

Annual Reports
Con-Call

News

Solex Energy Management and History

Company Management

icn

Unlock Management Data

See Detailed Analysis & Insights

Company History

Solex Energy Limited was originally incorporated on October 13, 2014 as 'Solex Energy Private Limited'. Further the Company was converted into Public Limited Company and consequently name of the company was changed from 'Solex Energy Private Limited' to 'Solex Energy Limited' on September 22, 2017.

The Company was originally promoted by Mr. Kalpeshkumar Ramanbhai Patel and Ms. Arpitaben Upendrabahi Shelat who were the initial subscribers to the Company's Memorandum and Articles of Association in the year 2014. After incorporation, the Company has acquired the running business of 'M/s Sun Energy Systems' a proprietorship concern of the Promoter engaged in manufacturing of Solar Panels and other renewable Energy Devices vide business transfer agreement dated November 12, 2014 and 6,59,000 shares of Rs. 10 each was allotted to Mr. Kalpeshkumar Ramanbhai Patel against purchase of Business. Presently Mr. Kalpeshkumar Ramanbhai Patel is the Promoter of the Company.

The Company is engaged providing renewable energy solutions, specialized in the manufacturing of Solar photovoltaic module, solar home light, solar street light, solar lantern, solar power plant, solar invertors, solar water heating systems and wood fired water heater etc. The Company precisely manufacture the offered products using optimum grade components and advanced technology in compliance with the set norms of the industry. The Company also provides the offered appliances in numerous specifications and customization in accordance with the demands of the customers.

Solex Energy is an ISO 14001:2015 Certification, ISO 9001:2015 Certification, OHSAS 18001:2007 and CE MARK CERTIFIED offering systems of high quality and reliability. Solex modules are TUV certified & tested by the UL India Pvt. Ltd and comply in accordance with the standards.

The Company's product ranges from Solar PV Module (3WP - 325 WP), Solar Lanterns (CFL & LED Base), Solar Home Light System (CFL & LED Base), Solar Street Light System (CFL & LED Base), Solar Off-Grid Power Plant (Solar Rooftop Systems), Solar Grid Connected Power Plant, Solar Water Heater Flat Plant Collector, Solar Water Heater ETC Type, Solar Submersible Pump (AC & DC), Solar Surface Pump (DC). It also provides solution for solar roof top system, solar home and rural lighting system, solar power pack and solar power plant. The Products are eligible for Subsidy from Government which is reduced from sales value during the sale of Product and thereafter release to the Company directly from Government.

Solex Energy Share Price

Solex Energy share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.

Solex Energy Market Cap

Market capitalization of Solex Energy indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Solex Energy is valued compared to its competitors.

Solex Energy PE Ratio

Solex Energy PE ratio helps investors understand what is the market value of each stock compared to Solex Energy 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.

Solex Energy PEG Ratio

The PEG ratio of Solex Energy evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.

Solex Energy ROE (Return on Equity)

Return on Equity (ROE) measures how effectively Solex Energy generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.

Solex Energy ROCE (Return on Capital Employed)

Return on Capital Employed (ROCE) evaluates the profitability of Solex Energy in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.

Solex Energy Total Debt

Total debt of Solex Energy shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.

Solex Energy Debt to Equity Ratio

The Debt-to-Equity (DE) ratio of Solex Energy compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.

Solex Energy CAGR (Compound Annual Growth Rate)

CAGR shows the consistent growth rate of Solex Energy over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.

Solex Energy Technical Analysis

Technical analysis of Solex Energy helps investors get an insight into when they can enter or exit the stock. Key components of Solex Energy Technical Analysis include:

Support Levels (S1, S2, S3)

There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.

Resistance Levels (R1, R2, R3)

There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Solex Energy shares often struggle to rise above due to selling pressure.

Solex Energy Dividends

Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Solex Energy ’s financial health and profitability.

Solex Energy Bonus Shares

Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.

Solex Energy Stock Split

Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.

Solex Energy Financials

The financials of Solex Energy provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.

Solex Energy Profit and Loss Statements

The profit and loss statement of Solex Energy highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Solex Energy .

Solex Energy Balance Sheet

The balance sheet presents a snapshot of Solex Energy ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.

Solex Energy Cashflow Statements

Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.

Download the App