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SOLEX Stock Chart & Stats
₹938.00
₹1.60(0.17%)
At close: 4:00 PM EDT
₹938.00
₹1.60(0.17%)
Day’s Range― - ―
52-Week Range₹603.00 - ₹1,985.00
Previous CloseN/A
Volume31.97K
Average Volume (3M)73.80K
Market Cap
₹6.57B
Enterprise Value₹12.14B
Total Cash (Recent Filing)₹1.23B
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)8.2
Beta1.05
Next Earnings
Nov 16, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.09%
Share Statistics
EPS (TTM)73.90
Shares Outstanding10,802,489
10 Day Avg. Volume42,216
30 Day Avg. Volume73,801
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)4.31
Price to Sales (P/S)0.67
P/FCF Ratio152.14
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
Rapid Revenue ScalingRevenue reached ~16.2B in FY2026 from ~6.6B in FY2025, showing substantial demand capture and execution. This scale expansion can strengthen operating leverage, broaden the company’s commercial base, and support reinvestment over the next several quarters.
Improved ProfitabilityGross margin improved to ~19.5% from ~8.8% in FY2022, while FY2026 EBIT and EBITDA margins reached ~10.0% and ~11.6%. The multi-year improvement indicates better profitability economics, although durability depends on maintaining execution as scale grows.
Larger Capital BaseRising assets and equity indicate that Solex has built a substantially larger operating and capital base alongside its expansion. This provides greater capacity to support growth initiatives and absorb business requirements than in earlier periods, despite increased leverage.
Bears Say
Higher LeverageLeverage has risen materially as the company has scaled, increasing financial risk if growth moderates or working-capital needs remain elevated. Higher debt can constrain financial flexibility, raise financing sensitivity, and make future expansion more dependent on sustained operating performance.
Weak Cash ConversionAlthough operating cash flow improved sharply in FY2026, free cash flow remained thin relative to earnings and prior years included recurring negative free cash flow. This suggests cash conversion is not yet dependable, potentially limiting internally funded growth and resilience.
Margin Pressure At ScaleNet margin slipped modestly as revenue scaled, with the analysis pointing to incremental cost or price pressure. If this pattern persists, continued growth may translate less efficiently into earnings and could reduce the benefit of the company’s otherwise improving operating margins.
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 ₹603.00 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 ₹6.57B.
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 26 days.
How were Solex Energy Ltd.’s earnings last quarter?
Solex Energy Ltd. released its earnings results on Aug 14, 2026. The company reported ₹7.39 earnings per share for the quarter.
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 Annually dividend of ₹0.55 which represents an annual dividend yield of 0.09%. 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 ₹7.39 in its last earnings report. Following the earnings report the stock price went down -0.441%.
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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