SOLEX · NSE
Solex Energy Limited
₹695.1
+3.55% (+₹23.8)
Prev. close
₹671.3
Volume
1,22,265
Delivery %
30.8%
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Solex Energy Limited
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 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.
Details
Sector
Technology
Industry
Solar
CEO
Dr. Chetan Sureshchandra Shah
Headquarters
Surat
Employees
1,400
Website
solex.inExchange
View on NSE ↗Key stats
Market cap
₹750.88 Cr
P/E ratio (TTM)
9.4
Dividend yield
0.08%
EPS (TTM)
₹73.89
Beta (1Y · daily vs NIFTY 50)
1.51
Beta (5Y · monthly vs NIFTY 50)
0.96
Shares float
81.39 L
EPS · quarter ended Jun 2026
₹7.39
Financial Performance
01 · Financials
FY23 growth needs FY22 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹161.71 Cr | ₹365.92 Cr | ₹662.22 Cr | ₹1,618.06 Cr | |
| EBITDA | ₹13.04 Cr | ₹28.38 Cr | ₹78.08 Cr | ₹180.53 Cr |
| ₹2.71 Cr | ₹8.73 Cr | ₹41.46 Cr | ₹96.01 Cr | |
| Diluted EPS | ₹2.71 | ₹10.92 | ₹39.98 | ₹88.88 |
Total expenses (as filed), Employee benefit expense, Other expenses, Other income have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹140.78 Cr | ₹211.96 Cr | ₹497.63 Cr | ₹1,181.35 Cr | |
| ₹65.94 Cr | ₹96.16 Cr | ₹173.57 Cr | ₹338.65 Cr | |
| Stockholders' equity | ₹37.63 Cr | ₹46.24 Cr | ₹157.58 Cr | ₹252.95 Cr |
CWIP, Others have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹-6.19 Cr | ₹1.71 Cr | ₹-40.46 Cr | ₹200.69 Cr | |
| Investing cash flow | ₹-34.85 Cr | ₹-21.24 Cr | ₹-58.24 Cr | ₹-225.16 Cr |
| ₹40.79 Cr | ₹19.59 Cr | ₹110.55 Cr | ₹88.81 Cr | |
| Capital expenditure | ₹-35.16 Cr | ₹-7.79 Cr | ₹-66.64 Cr | ₹-193.52 Cr |
| End cash position | ₹13.34 L | ₹19.08 L | ₹12.05 Cr | ₹76.39 Cr |
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Mar 22 | Sep 22–Sep 23(3Q) | Mar 24 | Jul 24–Jun 26(8Q) |
|---|---|---|---|---|---|
| Promoter | 43.49% | 70.65% | 70.65% | 70.66% | 66.15% |
| Public | 56.51% | 29.36% | 29.35% | 29.34% | 33.85% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Technology
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Tata Consultancy Services Limited | ₹7.92 L Cr | ₹2,105 | 15.9 | 7.39 | 45.9% | 0.11 | +4.6% | -33.7% |
| Infosys Limited | ₹4.20 L Cr | ₹1,037.7 | 13.5 | — | 33.9% | 0.10 | +4.6% | -31.2% |
| HCL Technologies Limited | ₹3.40 L Cr | ₹1,249.3 | 19.5 | 4.53 | 22.1% | 0.07 | +11.2% | -16.4% |
| Wipro Limited | ₹1.65 L Cr | ₹166.4 | 13.5 | 1.86 | 14.9% | 0.23 | +4.0% | -34.5% |
| Tech Mahindra Limited | ₹1.38 L Cr | ₹1,537.1 | 27.0 | 4.67 | 16.2% | 0.07 | +7.2% | -0.9% |
| LTM Limited | ₹1.26 L Cr | ₹4,275.1 | 24.2 | 5.26 | 20.9% | 0.10 | +11.3% | — |
| One 97 Communications Limited | ₹1.13 L Cr | ₹1,849.9 | 175.9 | 7.05 | 3.5% | 0.01 | +21.5% | +50.5% |
| LG Electronics India Limited | ₹1.11 L Cr | ₹1,652.9 | 60.6 | 14.42 | 22.0% | 0.06 | +1.3% | — |
| Oracle Financial Services Software Limited | ₹1.01 L Cr | ₹11,896 | 29.7 | 12.93 | 33.7% | 0.00 | +12.1% | +29.7% |
| Persistent Systems Limited | ₹85,505.25 Cr | ₹5,416 | 44.7 | 10.91 | 23.8% | 0.06 | +23.5% | -2.7% |
| Dixon Technologies (India) Limited | ₹80,805.72 Cr | ₹13,005 | 43.3 | 17.28 | 30.8% | 0.21 | +25.8% | -29.1% |
| Solex Energy Limited | ₹757.25 Cr | ₹695.1 | 9.5 | 2.99 | 37.9% | 1.34 | +144.3% | — |
Ranked by market cap within Technology, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.