ScoreWhy is Solex Energy Ltd ?
1
Healthy long term growth as Net Sales has grown by an annual rate of 81.20% and Operating profit at 116.16%
2
Flat results in Jun 26
- PBT LESS OI(Q) At Rs 6.31 cr has Fallen at -80.02%
- PAT(Q) At Rs 7.98 cr has Fallen at -67.0%
- OPERATING PROFIT TO INTEREST (Q) Lowest at 2.32 times
3
With ROCE of 32.5, it has a Very Attractive valuation with a 2.2 Enterprise value to Capital Employed
- Over the past year, while the stock has generated a return of -53.95%, its profits have risen by 127% ; the PEG ratio of the company is 0.1
4
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
5
Underperformed the market in the last 1 year
- Even though the market (BSE500) generated negative returns of -3.04% in the last 1 year, its fall in the stock was much higher with a return of -53.95%
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Solex Energy should be less than 10%
- Overall Portfolio exposure to Other Electrical Equipment should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Electrical Equipment)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Solex Energy for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Solex Energy
-53.72%
-0.97
55.58%
Sensex
-9.96%
-0.74
13.51%
Quality
Management Risk
Growth
Capital StructureQuality 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%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
10
Industry P/E
55
Price to Book Value
3.25
EV to EBIT
6.85
EV to EBITDA
5.84
EV to Capital Employed
2.23
EV to Sales
0.64
PEG Ratio
0.07
Dividend Yield
0.07%
ROCE (Latest)
32.52%
ROE (Latest)
36.40%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
RSI
Bollinger Bands
KST
Dow Theory
OBV
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend20What is working for the Company
NET SALES(9M)
At Rs 1,464.25 cr has Grown at 125.73%
PAT(9M)
Higher at Rs 74.49 Cr
-19What is not working for the Company
PBT LESS OI(Q)
At Rs 6.31 cr has Fallen at -80.02%
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
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
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