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 33.34%, the company declared Outstanding results in Jun 26
- The company has declared positive results for the last 7 consecutive quarters
- PAT(Q) At Rs 20.83 cr has Grown at 107.2% (vs previous 4Q average)
- NET SALES(Q) Highest at Rs 93.74 cr
- PBDIT(Q) Highest at Rs 27.84 cr.
4
With ROE of 2.8, it has a Very Expensive valuation with a 1.5 Price to Book Value
- Over the past year, while the stock has generated a return of 71.62%, its profits have risen by 191% ; the PEG ratio of the company is 0.4
5
Market Beating Performance
- Even though the market (BSE500) has generated negative returns of -2.34% in the last 1 year, the stock has been able to generate 71.62% returns
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
Is Onix Solar for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Onix Solar
71.62%
0.94
76.06%
Sensex
-9.17%
-0.67
13.60%
Quality key factors
Factor
Value
Sales Growth (5y)
90.90%
EBIT Growth (5y)
20.40%
EBIT to Interest (avg)
15.74
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.21
Tax Ratio
26.22%
Dividend Payout Ratio
0
Pledged Shares
21.81%
Institutional Holding
0.77%
ROCE (avg)
-15.66%
ROE (avg)
28.08%
Valuation Key Factors 
Factor
Value
P/E Ratio
55
Industry P/E
13
Price to Book Value
1.53
EV to EBIT
40.66
EV to EBITDA
40.66
EV to Capital Employed
1.53
EV to Sales
5.75
PEG Ratio
0.44
Dividend Yield
NA
ROCE (Latest)
6.90%
ROE (Latest)
2.80%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
No Trend
Technical Movement
33What is working for the Company
PAT(Q)
At Rs 20.83 cr has Grown at 107.2% (vs previous 4Q average
NET SALES(Q)
Highest at Rs 93.74 cr
PBDIT(Q)
Highest at Rs 27.84 cr.
PBT LESS OI(Q)
Highest at Rs 27.83 cr.
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 93.74 cr has Grown at 114.3% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 43.75 CrMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 27.83 cr has Grown at 176.9% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 10.05 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 20.83 cr has Grown at 107.2% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 10.05 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 93.74 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 27.84 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 27.83 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
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