Solex Energy

Who are the top shareholders of the Solex Energy?

The top shareholders of Solex Energy include promoters, with Anil Rathi holding the largest share at 7.41%, and Akshat Greetntech Private Limited as the highest public shareholder at 2.31%. Individual investors own 25.47% of the shares, and there is one foreign institutional investor with 0.01%, with no pledged promoter holdings or mutual funds involved.

The top shareholders of Solex Energy include the promoters, who hold the majority of the shares. Among them, Anil Rathi is the promoter with the highest holding at 7.41%. The highest public shareholder is Akshat Greetntech Private Limited, which holds 2.31%. Additionally, individual investors collectively hold 25.47% of the shares. There is also one foreign institutional investor (FII) that holds a very small percentage, specifically 0.01%. Notably, there are no pledged promoter holdings and no mutual funds involved in the company's shareholding.

What does Solex Energy do?

Solex Energy Ltd is a manufacturer of solar photovoltaic modules, operating in the Small Cap market with a market capitalization of Rs 787 Cr. The company was incorporated in 2014 and became a public limited company in 2017.

Overview:<BR>Solex Energy Ltd is a prominent manufacturer of solar photovoltaic modules operating in the Other Electrical Equipment industry within the Small Cap market-cap bracket.<BR><BR>History:<BR>Solex Energy Ltd was originally incorporated on October 13, 2014, as "Solex Energy Private Limited" and was converted into a Public Limited Company with its name changed to "Solex Energy Limited" on September 22, 2017. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: Rs 787 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 34.00<BR>Industry P/E: 14<BR>Dividend Yield: 0.07%<BR>Debt-Equity: 1.81<BR>Return on Equity: 18.88%<BR>Price-to-Book: 17.92<BR><BR>Contact Details:<BR>Address: Plot No. 131/A Phase 1 GIDC, Vithal Udyognagar Anand Gujarat : 388121<BR>Phone: 91-2692-230317<BR>Email: info@solex.in<BR>Website: http://www.solex.in

Who are in the management team of Solex Energy?

As of March 2022, the management team of Solex Energy includes Kalpeshkumar Patel (Joint Managing Director), Chetan Shah (Chairman & Managing Director), and several directors, including Rajeshbhai Patel and Kiran Shah, along with the Company Secretary, Dilipkumar Nikhare. They oversee the company's operations and strategic direction.

As of March 2022, the management team of Solex Energy includes the following members:<BR><BR>1. Kalpeshkumar Ramanbhai Patel - Joint Managing Director<BR>2. Rajeshbhai Tulsibhai Patel - Independent Director<BR>3. Kiran Shah - Executive Director<BR>4. Kamlesh Pravin Yagnik - Director<BR>5. Chetan Sureshchandra Shah - Chairman & Managing Director<BR>6. Anil Rathi - Director<BR>7. Piyush Kailashchandra Chandak - Director<BR>8. Vipul Mulchand Shah - Director<BR>9. Dilipkumar Gajanand Nikhare - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

When is the next results date for Solex Energy?

No Upcoming Board Meetings

What is the bonus history of the Solex Energy?

Solex Energy recently announced a bonus issue at a ratio of 1:4, with an ex-date and record date of September 20, 2024. Shareholders will receive one additional share for every four shares held.

Solex Energy has a recent bonus issue announced at a ratio of 1:4, with the ex-date set for September 20, 2024. This means that for every four shares held, shareholders will receive one additional share. The record date for this bonus issue is also September 20, 2024. If you have any more questions about Solex Energy or its financial activities, feel free to ask!

Has Solex Energy declared dividend?

Yes, Solex Energy Ltd has declared a 5% dividend, amounting to $0.5 per share, with an ex-date of September 20, 2024. Despite recent fluctuations, the company has shown substantial long-term growth in price returns.

Solex Energy Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 20 Sep 24<BR><BR>Dividend Yield: 0.07%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -15.15%, the dividend return was 0%, resulting in a total return of -15.15%.<BR><BR>Over the past year, the price return was 15.58%, the dividend return was 0.04%, leading to a total return of 15.62%.<BR><BR>In the 2-year period, the price return was 277.43%, with a dividend return of 0.19%, culminating in a total return of 277.62%.<BR><BR>For the 3-year period, the price return was 939.53%, the dividend return was 0.66%, resulting in a total return of 940.19%.<BR><BR>In the last 4 years, the price return was 2691.41%, with a dividend return of 2.20%, leading to a total return of 2693.61%.<BR><BR>Over the past 5 years, the price return was 7615.06%, the dividend return was 9.04%, resulting in a total return of 7624.1%.<BR><BR>Overall, Solex Energy has declared a dividend, and while the recent total returns have varied significantly, the long-term performance shows substantial growth, particularly in price returns over the years.

Who are the peers of the Solex Energy?

Solex Energy's peers include Spectrum Electr., Danish Power, Salzer Electron., Rishabh Instrum., Australian Prem, Kirl. Electric, Prostarm Info, Yash Highvoltage, and RIR Power Electr. Solex Energy shows excellent growth and average management risk, with a 1-year return of 27.17%, outperforming Rishabh Instrum. but underperforming compared to Danish Power.

Peers: The peers of Solex Energy are Spectrum Electr., Danish Power, Salzer Electron., Rishabh Instrum., Australian Prem, Kirl. Electric, Prostarm Info, Yash Highvoltage, and RIR Power Electr.<BR><BR>Quality Snapshot: Excellent management risk is observed at Danish Power and Australian Prem, while Average management risk is found at Spectrum Electr., Solex Energy, Salzer Electron., and RIR Power Electr., and the rest. Below Average management risk is noted at Rishabh Instrum., Kirl. Electric. In terms of Growth, Excellent growth is seen at Danish Power and Solex Energy, Good growth at Spectrum Electr. and Yash Highvoltage, while Average growth is found at Salzer Electron., RIR Power Electr., and Prostarm Info, and the rest. Below Average growth is noted at Rishabh Instrum. and Kirl. Electric. For Capital Structure, Excellent capital structure is observed at Danish Power, Australian Prem, and Prostarm Info, while Average capital structure is found at Spectrum Electr. and RIR Power Electr., and the rest. Below Average capital structure is noted at Solex Energy and Salzer Electron., Kirl. Electric.<BR><BR>Return Snapshot: Solex Energy has a 1-year return of 27.17%, which is higher than Rishabh Instrum. with the lowest return at -31.57% and lower than Danish Power, which has the highest return at N/A. Additionally, Salzer Electron., Rishabh Instrum., Kirl. Electric, and Australian Prem have negative six-month returns.

How big is Solex Energy?

As of 23rd July, Solex Energy Ltd has a market capitalization of 1,631.00 Cr, classifying it as a Small Cap company. There is no valid financial data available for net sales or net profit for the latest four quarters.

As of 23rd July, <BR><BR>Market Cap: Solex Energy Ltd has a market capitalization of 1,631.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for net sales or net profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 46.24 Cr and Total Assets valued at 211.96 Cr.

Is Solex Energy overvalued or undervalued?

As of August 28, 2025, Solex Energy is considered very expensive with a high PE ratio of 35.63, significantly above its peers, indicating it may be overvalued despite a strong historical return of 660.43% over the past three years.

As of 28 August 2025, the valuation grade for Solex Energy has moved from fair to very expensive, indicating a significant shift in its perceived value. The company is currently considered overvalued based on its high valuation ratios. The PE ratio stands at 35.63, the Price to Book Value is 30.51, and the EV to EBITDA ratio is 21.71, all of which are considerably elevated compared to industry norms.<BR><BR>In comparison to its peers, Solex Energy's PE ratio is notably higher than that of Apar Industries, which has a PE of 35.14, and significantly outpaces other companies like HPL Electric, which is rated attractive with a PE of 31.32. This suggests that Solex Energy may not justify its premium valuation given the performance metrics of its competitors. Additionally, while the stock has shown a remarkable return of 660.43% over the past three years, its recent performance has lagged behind the Sensex, raising concerns about its sustainability at current price levels.

How has been the historical performance of Solex Energy?

Solex Energy has experienced significant growth over the past three years, with net sales increasing from 161.71 Cr in Mar'23 to 662.22 Cr in Mar'25, and profit after tax rising from 2.71 Cr to 42.79 Cr. Key financial metrics indicate a strong upward trend in both revenue and profitability.

Answer:<BR>The historical performance of Solex Energy shows significant growth over the past three years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Solex Energy's net sales have increased dramatically from 161.71 Cr in Mar'23 to 662.22 Cr in Mar'25, reflecting a strong upward trend. Total operating income followed suit, rising from 161.71 Cr in Mar'23 to 662.22 Cr in Mar'25. The company's total expenditure, excluding depreciation, also rose significantly, from 150.39 Cr in Mar'23 to 589.11 Cr in Mar'25, driven by higher raw material costs and employee expenses. Operating profit, excluding other income, improved from 11.32 Cr in Mar'23 to 73.11 Cr in Mar'25, while profit before tax surged from 3.85 Cr to 56.71 Cr in the same period. Consequently, profit after tax increased from 2.71 Cr in Mar'23 to 42.79 Cr in Mar'25, indicating a robust growth in profitability. The earnings per share (EPS) also saw a remarkable rise from 2.71 in Mar'23 to 38.92 in Mar'25. On the balance sheet, shareholder's funds grew from 46.24 Cr in Mar'24 to 160.63 Cr in Mar'25, and total liabilities increased from 211.96 Cr to 480.25 Cr, primarily due to rising borrowings. Overall, Solex Energy's financial metrics illustrate a strong growth trajectory in both revenue and profitability over the past three years.

How has been the historical performance of Solex Energy?

Solex Energy has shown significant growth over the past three years, with net sales increasing from 161.71 Cr in Mar'23 to 662.22 Cr in Mar'25, and profit after tax rising from 2.71 Cr to 42.23 Cr in the same period, indicating strong revenue and profitability growth despite rising expenditures. The company's financial position is solid, with improved cash flow and a growing asset base.

Answer:<BR>The historical performance of Solex Energy shows significant growth over the past three years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Solex Energy's net sales have increased dramatically from 161.71 Cr in Mar'23 to 365.92 Cr in Mar'24, and further to 662.22 Cr in Mar'25, indicating a strong upward trend. The total operating income mirrors this growth, rising from 161.71 Cr in Mar'23 to 662.22 Cr in Mar'25. However, total expenditure has also risen, from 150.39 Cr in Mar'23 to 586.24 Cr in Mar'25, driven by higher raw material costs and employee expenses. Despite the increase in costs, the operating profit (PBDIT) has improved significantly, reaching 79.58 Cr in Mar'25 from 14.00 Cr in Mar'23. Profit before tax has also surged from 3.85 Cr in Mar'23 to 56.22 Cr in Mar'25, leading to a profit after tax of 42.23 Cr in Mar'25, up from 2.71 Cr in Mar'23. The company's earnings per share have increased from 2.71 in Mar'23 to 38.39 in Mar'25, reflecting enhanced shareholder value. On the balance sheet, total liabilities rose from 211.96 Cr in Mar'24 to 480.25 Cr in Mar'25, while total assets increased correspondingly, indicating a solid growth in the company's financial position. Cash flow from operating activities has shown improvement, with a net cash inflow of 0.00 Cr in Mar'24, compared to a net outflow in previous years. Overall, Solex Energy's financial metrics demonstrate a robust growth trajectory in revenue and profitability, alongside an expanding asset base.

Is Solex Energy technically bullish or bearish?

As of December 3, 2025, Solex Energy's trend is mildly bullish, supported by positive weekly and monthly MACD indicators, although mixed signals from the KST and unclear RSI readings temper the overall bullish stance.

As of 3 December 2025, the technical trend for Solex Energy has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by weekly and monthly MACD indicators both showing bullish signals. The Bollinger Bands also indicate a mildly bullish trend on both weekly and monthly time frames. Daily moving averages are mildly bullish, while the KST shows a bullish weekly signal but is mildly bearish on a monthly basis. The Dow Theory reflects a bullish weekly trend but no trend on a monthly basis. Overall, the strength of the bullish stance is tempered by mixed signals from the KST and the lack of clear RSI signals.

Are Solex Energy Ltd latest results good or bad?

Solex Energy Ltd's latest results show strong revenue growth, with Q3 revenue increasing by 105.07% quarter-on-quarter, but profitability has declined, with net profit down 4.29% year-on-year and significant drops in operating and PAT margins. Overall, while revenue performance is impressive, the deteriorating margins raise concerns about future sustainability.

Solex Energy Ltd's latest results present a mixed picture. On one hand, the company achieved a significant revenue increase, with Q3 revenue soaring to ₹317.90 crores, reflecting a remarkable 105.07% growth quarter-on-quarter and a 141.29% increase year-on-year. This marks the highest quarterly revenue in the company's history, indicating strong order execution and capacity utilization.<BR><BR>However, the profitability metrics tell a different story. The net profit for Q3 was ₹8.71 crores, which, while up 66.86% from the previous quarter, represents a decline of 4.29% compared to the same quarter last year. More concerning is the sharp compression in operating and PAT margins. The operating margin fell to 8.14%, down from 11.99% in the previous quarter and significantly lower than 17.55% in Q3 of the previous year. The PAT margin also decreased to 2.79%, down from 3.73% sequentially and 10.41% year-on-year.<BR><BR>The market's reaction has been negative, with the stock declining 25.16% year-to-date and trading 53.30% below its 52-week high. This suggests that while revenue growth is impressive, the deteriorating margins and profitability raise concerns about the sustainability of this growth. Overall, the results can be characterized as good in terms of revenue growth but bad in terms of profitability, indicating potential challenges ahead for Solex Energy.

Should I buy, sell or hold Solex Energy Ltd?

Why is Solex Energy Ltd falling/rising?

As of 30-Apr, Solex Energy Ltd's stock price is at 1,288.50, down 1.64% due to declining quarterly profits and high valuation metrics. Despite a strong annual return, concerns over profitability and lack of domestic mutual fund investment are impacting investor confidence.

As of 30-Apr, Solex Energy Ltd's stock price is currently at 1,288.50, reflecting a decline of 21.45 points or 1.64%. This decrease can be attributed to several factors highlighted in the Source Data. <BR><BR>Despite the stock's strong performance over the past year, generating a return of 43.06%, recent quarterly results have shown a decline in profitability, with the Profit After Tax (PAT) falling by 7.9%. Additionally, the company reported flat results for December 25, which may have raised concerns among investors. The stock is also perceived as having an expensive valuation, indicated by a Return on Capital Employed (ROCE) of 13.3 and a high Enterprise Value to Capital Employed ratio of 3.6.<BR><BR>Moreover, while the stock has outperformed the benchmark indices over various periods, including a 39.86% increase over the last month compared to the Sensex's 7.46%, today's performance indicates it has underperformed its sector by 2.02%. Furthermore, the lack of investment from domestic mutual funds, which hold 0% of the company, could signal a lack of confidence in the stock's current valuation or business prospects.<BR><BR>In summary, the combination of declining quarterly profits, high valuation metrics, and underperformance relative to the sector are contributing to the stock's current downward movement.

Which are the latest news on Solex Energy?