Solex Energy
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Solex Energy

1,218.50
-52.60
(-4.14%)
Market Cap
1,316.28 Cr
PE Ratio
13.98
Volume
1,39,286.00
Day High - Low
1,283.30 - 1,193.10
52W High-Low
1,985.00 - 795.45
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Key Fundamentals
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Market Cap
1,316.28 Cr
EPS
88.88
PE Ratio
13.98
PB Ratio
5.43
Book Value
234.16
EBITDA
183.65
Dividend Yield
0.00 %
Return on Equity
26.50
Debt to Equity
1.18
Forecast For
Actual

Company News

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Caret
positive
Solex Energy recognized as Top Performer in Kiwa PVEL 2026 PV Module Reliability Scorecard for Tapi R and Tapi Trans Dual series.
positive
Solex Energy reports FY26 consolidated net profit of ₹982.52M (+132.6% YoY) and revenue of ₹16,180.63M (+144.3% YoY). Board re-appoints key directors and auditors for FY26-27.
positive
Solex Energy signs landmark MoU with Gujarat govt for ₹4,000 Cr investment, setting up 5 GW solar cell manufacturing and 10 GW BESS facilities, signed in presence of CM Bhupendra Patel.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
38,445.00
#1 1,71,358.45
169.45
7,918.24
22.91
975
79.72
76.25
7,253.00
1,53,697.14
51.37
13,555.10
8.08
1,669
#1 275.83
64.83
416.75
1,45,114.99
91.87
#1 33,782.20
17.28
2,135
155.80
69.76
917.45
1,44,490.82
122.88
12,418.00
23.31
1,157
32.52
68.25
3,872.10
1,37,893.42
102.58
7,932.00
#1 198.64
1,100
52.21
74.74
3,844.00
1,36,892.72
50.18
24,845.60
7.25
2,765
-36.41
58.91
5,148.60
1,31,828.12
105.90
6,206.31
42.51
1,195
88.63
73.30
3,140.80
90,342.26
#1 23.19
26,536.80
78.75
#1 3,858
74.76
51.36
56.99
78,159.69
24.75
16,679.10
51.72
2,414
-5.65
66.09
4,982.70
59,372.01
75.91
10,694.20
0.50
740
18.87
73.17
Growth Rate
Revenue Growth
143.02 %
Net Income Growth
132.08 %
Cash Flow Change
-2,877.19 %
ROE
40.29 %
ROCE
26.86 %
EBITDA Margin (Avg.)
-1.65 %

Quarterly Financial Results

Quarterly Financials
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Mar 2026
Revenue
142
133
136
255
261
155
319
886
Expenses
130
117
111
226
218
136
292
787
EBITDA
11
15
25
29
43
18
27
99
Operating Profit %
8 %
11 %
18 %
11 %
16 %
12 %
8 %
11 %
Depreciation
3
2
3
3
4
4
6
10
Interest
3
3
3
5
5
6
9
10
Profit Before Tax
6
11
19
20
33
8
12
78
Tax
2
2
5
5
8
2
3
19
Net Profit
4
9
14
15
25
6
9
59
EPS in ₹
3.70
8.81
13.01
13.25
22.37
4.83
8.07
53.61

Balance Sheet

Balance Sheet
2024
2025
2026
Total Assets
212
480
1,181
Fixed Assets
54
111
349
Current Assets
151
362
826
Capital Work in Progress
0
2
11
Investments
12
0
291
Other Assets
145
368
0
Total Equity & Liabilities
212
480
1,181
Current Liabilities
115
246
671
Non Current Liabilities
51
72
254
Total Equity
46
162
253
Reserve & Surplus
38
150
242
Share Capital
8
11
11

Cash Flow

Cash Flow
2024
2025
Net Cash Flow
0
12
Investing Activities
-21
-54
Operating Activities
2
-48
Financing Activities
20
113

Share Holding

% Holding
Dec 2017
Jan 2018
Mar 2021
Apr 2021
Sept 2021
Mar 2022
Sept 2022
Mar 2023
Sept 2023
Mar 2024
Sept 2024
Mar 2025
Sept 2025
Dec 2025
Mar 2026
Promoter
97.73 %
97.73 %
70.43 %
70.65 %
43.49 %
70.65 %
70.65 %
70.65 %
70.65 %
70.66 %
66.15 %
66.15 %
66.15 %
66.15 %
66.15 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.25 %
0.13 %
DIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.98 %
0.81 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
0.00 %
0.00 %
24.83 %
26.42 %
54.78 %
27.22 %
26.45 %
27.18 %
26.88 %
26.58 %
26.70 %
25.47 %
25.90 %
22.54 %
22.94 %
Others
2.27 %
2.27 %
4.74 %
2.93 %
1.72 %
2.13 %
2.90 %
2.17 %
2.47 %
2.77 %
7.15 %
8.38 %
7.95 %
10.09 %
9.97 %
No of Share Holders
7
7
214
246
245
302
303
567
917
1,402
2,269
2,917
3,007
5,427
7,027

Dividend History

Annual Cash Flows 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Dividend Per Share (₹) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.55 0.00
Dividend Yield (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.06 0.00

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
27 Aug 2021 DIVIDEND Dividend
₹ 0.30 /share
25 Aug 2021 56.70 54.75
22 Sept 2022 DIVIDEND Dividend
₹ 0.15 /share
22 Sept 2022 153.50 202.65
22 Sept 2023 DIVIDEND Dividend
₹ 0.15 /share
22 Sept 2023 433.65 596.65
12 Jun 2024 EXTRAORDINARY GENERAL MEETING Extraordinary General Meeting
NA
12 Jun 2024 1,252.55 1,475.55
20 Sept 2024 BONUS Bonus
1:4
20 Sept 2024 1,621.40 1,551.30
21 Sept 2024 DIVIDEND Dividend
₹ 0.55 /share
20 Sept 2024 1,573.65 1,331.65
27 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
27 Sept 2024 1,766.05 1,324.50
11 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
11 Nov 2024 1,547.40 1,782.55
12 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 May 2025 885.00 880.50
22 Sept 2025 DIVIDEND Dividend
₹ 0.55 /share
22 Sept 2025 880.50 1,510.05
10 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
10 Nov 2025 1,723.20 1,689.50
12 Feb 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Feb 2026 994.70 1,042.15
16 May 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
16 May 2026 1,281.00 1,316.50

Announcements

Press Release1 day ago
Analysts/Institutional Investor Meet/Con. Call Updates7 days ago
Copy of Newspaper PublicationMay 18, 2026
Analysts/Institutional Investor Meet/Con. Call UpdatesMay 18, 2026
Analysts/Institutional Investor Meet/Con. Call UpdatesMay 16, 2026
Outcome of Board MeetingMay 16, 2026
Change in Director(s)May 16, 2026
Press ReleaseMay 16, 2026
Change in AuditorsMay 16, 2026
Analysts/Institutional Investor Meet/Con. Call UpdatesMay 13, 2026
Press ReleaseMay 08, 2026
Press ReleaseMay 05, 2026
OthersMay 01, 2026
Press ReleaseApr 23, 2026
AgreementsApr 17, 2026
Disclosure under SEBI Takeover RegulationsApr 13, 2026
Disclosure under SEBI Takeover RegulationsApr 13, 2026
Disclosure under SEBI Takeover RegulationsApr 09, 2026
Analysts/Institutional Investor Meet/Con. Call UpdatesApr 07, 2026
Certificate under SEBI (Depositories and Participants) Regulations, 2018Apr 07, 2026
Trading WindowMar 27, 2026
Press ReleaseMar 11, 2026
Press ReleaseMar 09, 2026
Analysts/Institutional Investor Meet/Con. Call UpdatesMar 05, 2026
Analysts/Institutional Investor Meet/Con. Call UpdatesFeb 17, 2026
Copy of Newspaper PublicationFeb 13, 2026
Outcome of Board MeetingFeb 12, 2026
Outcome of Board MeetingFeb 12, 2026
Analysts/Institutional Investor Meet/Con. Call UpdatesFeb 12, 2026
Investor PresentationFeb 12, 2026
Press ReleaseFeb 12, 2026
Analysts/Institutional Investor Meet/Con. Call UpdatesFeb 09, 2026
Reply to Clarification- Financial resultsJan 22, 2026
Bagging/Receiving of orders/contractsJan 12, 2026
Clarification - Financial ResultsJan 12, 2026
Bagging/Receiving of orders/contractsJan 12, 2026
Certificate under SEBI (Depositories and Participants) Regulations, 2018Jan 08, 2026
Trading WindowDec 29, 2025
Press ReleaseDec 15, 2025
Commencement of commercial production/operationsNov 24, 2025
Analysts/Institutional Investor Meet/Con. Call UpdatesNov 14, 2025
Copy of Newspaper PublicationNov 11, 2025
Analysts/Institutional Investor Meet/Con. Call UpdatesNov 11, 2025
Press ReleaseNov 10, 2025
Analysts/Institutional Investor Meet/Con. Call UpdatesNov 10, 2025
Analysts/Institutional Investor Meet/Con. Call UpdatesNov 10, 2025
Outcome of Board MeetingNov 10, 2025
Outcome of Board MeetingNov 10, 2025
Analysts/Institutional Investor Meet/Con. Call UpdatesNov 06, 2025
Analysts/Institutional Investor Meet/Con. Call UpdatesNov 04, 2025

Technical Indicators

RSI(14)
Neutral
49.01
ATR(14)
Less Volatile
78.84
STOCH(9,6)
Neutral
38.86
STOCH RSI(14)
Neutral
39.25
MACD(12,26)
Bearish
-9.74
ADX(14)
Strong Trend
37.36
UO(9)
Bearish
36.72
ROC(12)
Downtrend And Accelerating
-3.65
WillR(14)
Neutral
-79.48