Solex Energy Ltd

Solex Energy Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Solex Energy Ltd

₹ 1,560 2.04%
25 Nov 11:51 a.m.
solex.in NSE - SME: SOLEX
About

Incorporated in 1995, Solex Energy Ltd manufactures solar photo-voltaic cells and modules and is also in the Engineering, Procurement and Construction in the solar energy market[1]

Key Points

Business Overview:[1][2]
SEL specializes in renewable energy solutions and manufactures Solar Photovoltaic (PV) Module and solar home lighting systems in India. Its operations include turnkey projects, spanning Residential Rooftop, Commercial, Industrial, and Utility Ventures. Company is engaged in OEM and ODM partnerships with Indian and International entities for module production under their brand names

Website NSE - SM
  • Market Cap ₹ 1,685 Cr.
  • Current Price ₹ 1,560
  • High / Low ₹ 1,787 / 332
  • Stock P/E 80.1
  • Book Value ₹ 122
  • Dividend Yield 0.04 %
  • ROCE %
  • ROE %
  • Face Value ₹ 10.0
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Pros

Cons

  • Stock is trading at 12.6 times its book value
  • Promoter holding has decreased over last quarter: -4.51%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment

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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2023 Mar 2024 Sep 2024
93 273 273
84 253 249
Operating Profit 9 20 24
OPM % 9% 7% 9%
1 1 1
Interest 4 6 4
Depreciation 4 4 4
Profit before tax 1 10 17
Tax % 45% 22% 24%
1 8 13
EPS in Rs 0.73 8.01 12.05
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 TTM
162 366 546
150 338 502
Operating Profit 11 28 44
OPM % 7% 8% 8%
3 2 2
Interest 6 10 10
Depreciation 5 8 8
Profit before tax 4 12 27
Tax % 30% 24%
3 9 21
EPS in Rs 2.71 8.73 20.06
Dividend Payout % 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 126%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 222%
Stock Price CAGR
10 Years: %
5 Years: 134%
3 Years: 244%
1 Year: 310%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Equity Capital
Reserves
Total Liabilities
CWIP
Investments
Total Assets

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Net Cash Flow

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Debtor Days
Inventory Days
Days Payable
Cash Conversion Cycle
Working Capital Days
ROCE %

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2019Mar 2020Sep 2020Mar 2021Apr 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024
70.43% 70.43% 70.43% 70.43% 70.65% 43.49% 70.65% 70.65% 70.65% 70.65% 70.66% 66.15%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.10% 0.89%
29.57% 29.57% 29.57% 29.57% 29.35% 56.51% 29.36% 29.35% 29.35% 29.35% 28.24% 32.94%
No. of Shareholders 2252252202142462453083035679171,4022,269

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Credit ratings

Concalls