Why is Onix Solar Energy Ltd ?
1
Strong ability to service debt as the company has a low Debt to EBITDA ratio of -0.89 times
2
Healthy long term growth as Net Sales has grown by an annual rate of 90.90%
3
With a growth in Net Sales of 336.1%, the company declared Very Positive results in Mar 26
- The company has declared positive results for the last 6 consecutive quarters
- PAT(Q) At Rs 25.67 cr has Grown at 576.4% (vs previous 4Q average)
- NET SALES(Q) Highest at Rs 70.30 cr
- PBDIT(Q) Highest at Rs 25.42 cr.
4
Risky - No result in last 6 months
- The company has not declared results for the past 6 months
- Over the past year, while the stock has generated a return of NA, its profits have risen by 191% ; the PEG ratio of the company is 1.4
- The stock is trading risky as compared to its average historical valuations
How much should you hold?
- Overall Portfolio exposure to Onix Solar should be less than 10%
- Overall Portfolio exposure to Non - Ferrous Metals should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Non - Ferrous Metals)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
No Data Found
Quality key factors
Factor
Value
Sales Growth (5y)
90.90%
EBIT Growth (5y)
20.40%
EBIT to Interest (avg)
10.16
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.01
Sales to Capital Employed (avg)
1.21
Tax Ratio
32.39%
Dividend Payout Ratio
0
Pledged Shares
21.81%
Institutional Holding
0.77%
ROCE (avg)
-15.66%
ROE (avg)
24.65%
Valuation Key Factors 
Factor
Value
P/E Ratio
181
Industry P/E
13
Price to Book Value
206.51
EV to EBIT
24.06
EV to EBITDA
24.06
EV to Capital Employed
207.85
EV to Sales
7.58
PEG Ratio
1.44
Dividend Yield
NA
ROCE (Latest)
863.70%
ROE (Latest)
113.85%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
Technical Movement
29What is working for the Company
PAT(Q)
At Rs 25.67 cr has Grown at 576.4% (vs previous 4Q average
NET SALES(Q)
Highest at Rs 70.30 cr
PBDIT(Q)
Highest at Rs 25.42 cr.
PBT LESS OI(Q)
Highest at Rs 25.37 cr.
EPS(Q)
Highest at Rs 86.99
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Onix Solar
Net Sales - Quarterly
At Rs 70.30 cr has Grown at 119.8% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 31.99 CrMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 25.37 cr has Grown at 557.7% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 3.86 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 25.67 cr has Grown at 576.4% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 3.80 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 70.30 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 25.42 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 25.37 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 25.67 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 86.99
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)






