Why is Solex Energy Ltd ?
1
Flat results in Jun 26
- PAT(Q) At Rs 7.98 cr has Fallen at -67.0%
- OPERATING PROFIT TO INTEREST (Q) Lowest at 2.32 times
- INTEREST(Q) Highest at Rs 12.48 cr
2
Despite the size of the company, domestic mutual funds hold only 0% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
How much should you sell?
- 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 Other Electrical Equipment)
When to re-enter? - We will constantly monitor the company and review our call based on new data
No Data Found
Quality key factors
Factor
Value
Sales Growth (5y)
81.20%
EBIT Growth (5y)
116.16%
EBIT to Interest (avg)
2.87
Debt to EBITDA (avg)
1.91
Net Debt to Equity (avg)
0.84
Sales to Capital Employed (avg)
4.21
Tax Ratio
25.04%
Dividend Payout Ratio
1.50%
Pledged Shares
0
Institutional Holding
0.58%
ROCE (avg)
28.74%
ROE (avg)
26.14%
Valuation Key Factors 
Factor
Value
P/E Ratio
11
Industry P/E
57
Price to Book Value
3.51
EV to EBIT
7.27
EV to EBITDA
6.20
EV to Capital Employed
2.36
EV to Sales
0.68
PEG Ratio
0.08
Dividend Yield
0.06%
ROCE (Latest)
32.52%
ROE (Latest)
36.40%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Bearish
Technical Movement
20What is working for the Company
NET SALES(Latest six months)
Higher at Rs 1,146.35 cr
PAT(Latest six months)
Higher at Rs 65.78 cr
-19What is not working for the Company
PAT(Q)
At Rs 7.98 cr has Fallen at -67.0%
OPERATING PROFIT TO INTEREST (Q)
Lowest at 2.32 times
INTEREST(Q)
Highest at Rs 12.48 cr
PBT LESS OI(Q)
Lowest at Rs 6.31 cr.
NON-OPERATING INCOME(Q)
is 43.26 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Solex Energy
Net Sales - Latest six months
At Rs 1,146.35 cr has Grown at 123.02%
Year on Year (YoY)MOJO Watch
Sales trend is very positive
Net Sales (Rs Cr)
Net Sales - Latest six months
Higher at Rs 1,146.35 cr
than preceding 12 month period ended Jun 2026 of Rs 986.93 crMOJO 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 Solex Energy
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 6.31 cr has Fallen at -80.02%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 7.98 cr has Fallen at -67.0%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Operating Profit to Interest - Quarterly
Lowest at 2.32 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Interest - Quarterly
Highest at Rs 12.48 cr
in the last five quarters and Increased by 22.47 % (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 6.31 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Non Operating Income - Quarterly
is 43.26 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Non Operating Income - Quarterly
Highest at Rs 4.81 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






