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Solex Energy Ltd. (SOLEX) Price & Analysis

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SOLEX Stock Chart & Stats

₹1446.30

₹39.50(3.05%)

At close: Jan 07 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

₹10.63B

Enterprise Value₹15.01B

Total Cash (Recent Filing)₹168.46M

Total Debt (Recent Filing)₹2.93B

Price to Earnings (P/E)12.1

Beta0.52

Next Earnings

Nov 16, 2026

EPS 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

Rapid Revenue Scaling & Improving MarginsSolex has materially increased scale while lifting gross and operating margins, showing its business model can capture demand and improve unit economics. These structural improvements suggest the company can sustain better profitability as it integrates scale advantages and operational improvements over the medium term.

Operating Cash Flow TurnaroundA move from negative to strong operating cash flow indicates improving cash generation from core operations, reflecting better working-capital management or higher cash-margin sales. If sustained, this underpins reinvestment capacity and reduces reliance on external financing over the next several quarters.

Growing Asset Base And Equity CushionLarger asset base and rising equity provide greater operating scale and a wider capital buffer to fund growth initiatives. A growing capital base supports project execution and supply-chain scale in the capital-intensive solar industry, improving resilience to execution variability over time.

Bears Say

Increased LeverageLeverage has risen materially as the company scaled, increasing financial risk if revenue growth slows or margins contract. Higher debt amplifies interest and refinancing exposure in a cyclical solar supply chain, limiting flexibility for capital allocation and raising solvency pressure during downturns.

Weak Free Cash Flow ConversionDespite improved operating cash, free cash flow remains minimal versus earnings and has been negative previously, indicating heavy reinvestment or working-capital absorption. Low cash conversion limits capacity to deleverage, pay consistent dividends, or invest without raising external funds over the medium term.

Margin Sustainability RisksWhile margins improved versus earlier years, the slight decline year-over-year implies pressure from costs or pricing at larger scale. Persistent margin erosion would strain returns on new investments and require either ongoing efficiency gains or higher pricing power, both challenging in a competitive solar market.

Solex Energy Ltd. News

Solex Energy to Invest ₹4,000 Crore in Gujarat Solar Cell and BESS Manufacturing Hub

The latest update is out from Solex Energy Ltd. ( ($IN:SOLEX) ). Solex Energy Limited has signed a...

3M ago

SOLEX

Solex Energy to Join Arihant Capital’s Bharat Connect Investor Conference

Solex Energy Ltd. ( ($IN:SOLEX) ) just unveiled an announcement. Solex Energy Ltd. has informed the National Stock...

5M ago

SOLEX

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 ₹10.63B.

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 120 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. Get more investment ideas with TipRanks Premium

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.