Onix Solar

  • Market Cap: Micro Cap
  • Industry: Non - Ferrous Metals
  • ISIN: INE173M01012
  • NSEID:
  • BSEID: 513119
INR
226.10
-11.9 (-5.0%)
BSENSE

Dec 05

BSE+NSE Vol: 4.59 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Comparison
Company
Score
Quality
Valuation
Financial
Technical
Bhagyanagar Ind
Maan Aluminium
Shera Energy
MMP Industries
Nupur Recyclers
Onix Solar
Euro Panel
Owais Metal
Baheti Recycling
Divine Power
Sunlite Recycli.
Why is Onix Solar Energy Ltd ?
1
With a Operating Losses, the company has a Weak Long Term Fundamental Strength
  • Low ability to service debt as the company has a high Debt to EBITDA ratio of -1.00 times
2
With ROE of 23.2, it has a Very Expensive valuation with a 78.5 Price to Book Value
  • Over the past year, while the stock has generated a return of 103.33%, its profits have risen by 191% ; the PEG ratio of the company is 2.6
stock-recommendationReal-Time Research Report
Verdict Report
How much should you sell?
  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Non - Ferrous Metals)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Onix Solar for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Onix Solar
103.33%
1.90
54.26%
Sensex
4.82%
0.40
11.83%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
90.90%
EBIT Growth (5y)
20.40%
EBIT to Interest (avg)
-0.15
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
0
Institutional Holding
0
ROCE (avg)
-15.66%
ROE (avg)
6.52%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
339
Industry P/E
19
Price to Book Value
78.54
EV to EBIT
277.11
EV to EBITDA
277.11
EV to Capital Employed
79.05
EV to Sales
4.15
PEG Ratio
2.60
Dividend Yield
NA
ROCE (Latest)
28.53%
ROE (Latest)
23.19%
Loading Valuation Snapshot...
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

14What is working for the Company
NET SALES(Latest six months)

Higher at Rs 88.57 cr

ROCE(HY)

Highest at 35.43%

PAT(9M)

Higher at Rs 0.81 Cr

-7What is not working for the Company
PAT(Q)

At Rs -0.76 cr has Fallen at -229.4% (vs previous 4Q average

PBDIT(Q)

Lowest at Rs -0.60 cr.

PBT LESS OI(Q)

Lowest at Rs -0.67 cr.

EPS(Q)

Lowest at Rs -3.84

Loading Valuation Snapshot...
Here's what is working for Onix Solar
Net Sales - Latest six months
At Rs 88.57 cr has Grown at 22,610.26%
Year on Year (YoY)
MOJO Watch
Sales trend is very positive

Net Sales (Rs Cr)

Net Sales - Latest six months
Higher at Rs 88.57 cr
than preceding 12 month period ended Sep 2025 of Rs 29.39 cr
MOJO Watch
In the half year the company has already crossed sales of the previous twelve months

Net Sales (Rs Cr)

Here's what is not working for Onix Solar
Profit After Tax (PAT) - Quarterly
At Rs -0.76 cr has Fallen at -229.4% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 0.59 Cr
MOJO Watch
Near term PAT trend is very negative

PAT (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Lowest at Rs -0.60 cr.
in the last five quarters
MOJO Watch
Near term Operating Profit trend is negative

Operating Profit (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs -0.67 cr.
in the last five quarters
MOJO Watch
Near term PBT trend is negative

PBT less Other Income (Rs Cr)

Earnings per Share (EPS) - Quarterly
Lowest at Rs -3.84
in the last five quarters
MOJO Watch
Declining profitability; company has created lower earnings for shareholders

EPS (Rs)