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Solex Energy Ltd

Solex Energy Ltd

SOLEX Share Price

NSE
1,370.404.09% (+53.90)
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Returns
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1W
1M
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5Y
Max
SIP

With a market cap of ₹1,422 cr, stock is ranked 1,336

Stock is 4.21x as volatile as Nifty

SOLEX Stock Scorecard

Performance

High

The creamy layer - amongst the top performing stocks

Valuation

High

Seems to be overvalued vs the market average

Growth

High

Strong financials and growth story over the years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹1,422 cr, stock is ranked 1,336

Stock is 4.21x as volatile as Nifty

SOLEX Performance & Key Metrics

SOLEX Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
14.828.80
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
39.266.810.59%

SOLEX Analyst Ratings & Forecast

Analyst Ratings data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

SOLEX Company Profile

Solex Energy Limited is engaged in the business of renewable energy solutions. The Company manufactures solar lighting systems, solar panels, solar water pumping products and water heater products.

Investor Presentation

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Feb 12, 2026

PDF
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SOLEX Similar Stocks (Peers)

Compare with peers Compare with peers 

SOLEX Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
74.74
74.74
1Y Return
76.96%
76.96%
Buy Reco %
66.67
66.67
PE Ratio
70.36
70.36
1Y Return
25.06%
25.06%
Buy Reco %
31.58
31.58
PE Ratio
33.93
33.93
1Y Return
17.06%
17.06%
Buy Reco %
62.50
62.50
PE Ratio
59.37
59.37
1Y Return
11.20%
11.20%
Buy Reco %
71.43
71.43
PE Ratio
44.05
44.05
1Y Return
91.87%
91.87%
Buy Reco %
80.00
80.00
Compare with Peers

SOLEX Forecast

SOLEX Forecasts

empty forecast

Forecast data is currently unavailable

Forecast data is currently unavailable

Price

Price Upside

Revenue

Revenue Growth

Earnings

Earnings Per Share

SOLEX

SOLEX

Income

Balance Sheet

Cash Flow

SOLEX Income Statement

SOLEX Income Statement

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Quarterjun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026
Total Revenue141.46132.71135.75254.87261.05154.64319.43885.95
Operating & Other expensessubtract130.37117.43111.04226.37218.35136.43292.02787.18
Depreciation/Amortizationsubtract2.571.982.513.394.274.446.0910.36
Interest & Other Itemssubtract2.502.532.895.005.415.899.3510.19
Taxes & Other Itemssubtract2.021.685.265.798.862.673.2620.31
EPS2.968.8113.0113.2522.374.838.0753.61

SOLEX Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual Report Pending

Investor Presentation

Feb 12PDF
 

SOLEX Stock Peers

SOLEX Past Performance & Peer Comparison

SOLEX Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsIndustrial Machinery

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Solex Energy Ltd14.818.80
Cummins India Ltd74.7419.770.96%
Thermax Limited70.3610.260.44%
AIA Engineering Ltd33.935.190.41%

SOLEX Stock Price Comparison

Compare SOLEX with any stock or ETF
Compare SOLEX with any stock or ETF
SOLEX
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SOLEX Holdings

SOLEX Shareholdings

SOLEX Promoter Holdings Trend

SOLEX Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

SOLEX Institutional Holdings Trend

SOLEX Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

SOLEX Shareholding Pattern

SOLEX Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding66.15%0.00%0.81%0.13%32.91%

Mar 2025

Sep 2025

Dec 2025

Mar 2026

SOLEX Shareholding History

SOLEX Shareholding History

MarSepMarSepDec '25Mar0.00%0.03%0.01%0.09%0.25%0.13%

SOLEX Insider Trades & Bulk Stock Deals

SOLEX Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing SOLEX stock

smallcases containing SOLEX stock

Looks like this stock is not in any smallcase yet.

SOLEX Events

SOLEX Events

SOLEX Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

SOLEX Dividend Trend

No dividend trend available

SOLEX Upcoming Dividends

SOLEX Upcoming Dividends

No upcoming dividends are available

SOLEX Past Dividends

SOLEX Past Dividends

Cash Dividend

Ex DateEx DateSep 22, 2025

Final
Final | Div/Share: ₹0.55

Dividend/Share

0.55

Ex DateEx Date

Sep 22, 2025

Cash Dividend

Ex DateEx DateSep 20, 2024

Final
Final | Div/Share: ₹0.55

Dividend/Share

0.55

Ex DateEx Date

Sep 20, 2024

Cash Dividend

Ex DateEx DateSep 22, 2023

Final
Final | Div/Share: ₹0.15

Dividend/Share

0.15

Ex DateEx Date

Sep 22, 2023

Cash Dividend

Ex DateEx DateSep 22, 2022

Final
Final | Div/Share: ₹0.15

Dividend/Share

0.15

Ex DateEx Date

Sep 22, 2022

Cash Dividend

Ex DateEx DateAug 25, 2021

Final
Final | Div/Share: ₹0.30

Dividend/Share

0.30

Ex DateEx Date

Aug 25, 2021

SOLEX Stock News & Opinions

SOLEX Stock News & Opinions

Earnings
Solex Energy consolidated net profit rises 304.40% in the March 2026 quarter

Net profit of Solex Energy rose 304.40% to Rs 57.91 crore in the quarter ended March 2026 as against Rs 14.32 crore during the previous quarter ended March 2025. Sales rose 248.09% to Rs 885.53 crore in the quarter ended March 2026 as against Rs 254.40 crore during the previous quarter ended March 2025. For the full year,net profit rose 131.57% to Rs 96.01 crore in the year ended March 2026 as against Rs 41.46 crore during the previous year ended March 2025. Sales rose 144.34% to Rs 1618.06 crore in the year ended March 2026 as against Rs 662.22 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales885.53254.40 248 1618.06662.22 144 OPM %11.1111.02 -11.3511.47 - PBDT88.4323.50 276 155.8966.67 134 PBT78.0720.11 288 130.7356.22 133 NP57.9114.32 304 96.0141.46 132 Powered by Capital Market - Live

2 days agoCapital Market - Live
Corporate
Solex Energy to convene board meeting

Solex Energy will hold a meeting of the Board of Directors of the Company on 16 May 2026.

1 week agoCapital Market - Live
Spotlight
Solex Energy jumps after MNRE lists 3.78 GW module capacity under ALMM

The approval covers the company's manufacturing facility located at Tadkeshwar on the Kim'Mandvi Road in Surat, Gujarat. The plant has been listed with an annual solar photovoltaic module manufacturing capacity of 3,782 MW, reflecting the company's ongoing expansion in domestic solar manufacturing. The ALMM listing includes several high-efficiency bifacial N-Type TOPCon solar modules with power ratings of up to 625 Wp. These modules are designed to deliver higher efficiency and improved performance for large-scale solar power projects. The company said inclusion in the ALMM framework ensures that its modules meet the quality, reliability and domestic manufacturing standards mandated by the Government of India for solar projects supported under public procurement and government programmes. Dr. Chetan Shah, chairman and managing director of Solex Energy, said, The expansion of our manufacturing capacity under MNRE's ALMM framework reflects the strong and growing demand for Solex's high-quality solar modules across the market. At Solex, we continuously invest in advanced manufacturing capabilities to scale our production and support our customers with reliable, high-efficiency solar solutions. This capacity expansion reinforces our commitment to strengthening India's domestic solar manufacturing ecosystem while accelerating the transition towards clean and sustainable energy. Gujarat-based Solex Energy has been operating in the solar industry since 1995 and manufactures photovoltaic modules from its automated facility in Gujarat while also providing EPC solutions across utility, commercial and industrial solar segments. On a consolidated basis, net profit of Solex Energy declined 38.01% to Rs 8.71 crore whle net sales rose 136.08% to Rs 317.90 crore in Q3 December 2025 over Q3 December 2024. Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Solex Energy consolidated net profit declines 38.01% in the December 2025 quarter

Net profit of Solex Energy declined 38.01% to Rs 8.71 crore in the quarter ended December 2025 as against Rs 14.05 crore during the previous quarter ended December 2024. Sales rose 136.08% to Rs 317.90 crore in the quarter ended December 2025 as against Rs 134.66 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales317.90134.66 136 OPM %8.1417.54 - PBDT18.0521.82 -17 PBT11.9619.31 -38 NP8.7114.05 -38 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Solex Energy to convene board meeting

Solex Energy will hold a meeting of the Board of Directors of the Company on 12 February 2026.Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
Solex Energy gains on Rs 276-cr solar PV module supply order

The order involves the supply of 615 Wp and 620 Wp glass-to-glass (G12R) solar modules and is scheduled to be executed between February and May 2026, as per a regulatory filing. Solex Energy is engaged in renewable energy solutions. The company manufactures, distributes, and installs solar photovoltaic modules, home and street lights, lanterns, power plants, solar inverters, water heating systems, and wood-fired water heaters. Solex Energy also provides solutions for solar rooftop systems. The company's consolidated net profit declined 42.6% to Rs 5.22 crore, despite a 17.7% increase in revenue from operations to Rs 155.02 crore in Q2 FY26 over Q2 FY25.Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
Solex Energy consolidated net profit declines 42.64% in the September 2025 quarter

Net profit of Solex Energy declined 42.64% to Rs 5.22 crore in the quarter ended September 2025 as against Rs 9.10 crore during the previous quarter ended September 2024. Sales rose 17.66% to Rs 155.02 crore in the quarter ended September 2025 as against Rs 131.75 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales155.02131.75 18 OPM %11.9910.88 - PBDT12.3312.76 -3 PBT7.8910.78 -27 NP5.229.10 -43 Powered by Capital Market - Live

6 months agoCapital Market - Live
Corporate
Solex Energy to discuss results

Solex Energy will hold a meeting of the Board of Directors of the Company on 10 November 2025.Powered by Capital Market - Live

6 months agoCapital Market - Live
Corporate
Solex Energy AGM scheduled

Solex Energy announced that the 11th Annual General Meeting(AGM) of the company will be held on 29 September 2025.Powered by Capital Market - Live

8 months agoCapital Market - Live
Corporate
Board of Solex Energy recommends final dividend

Solex Energy announced that the Board of Directors of the Company at its meeting held on 12 May 2025, inter alia, have recommended the final dividend of Rs 0.55 per equity Share (i.e. 5.5%) , subject to the approval of the shareholders.Powered by Capital Market - Live

1 year agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Solex Energy Ltd (SOLEX) today?

    The share price of SOLEX as on 18th May 2026 is ₹1370.40. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Solex Energy Ltd (SOLEX) share?

    The past returns of Solex Energy Ltd (SOLEX) share are
    • Past 1 week: 6.56%
    • Past 1 month: 6.48%
    • Past 3 months: 32.14%
    • Past 6 months: -21.23%
    • Past 1 year: 38.40%
    • Past 3 years: 314.77%
    • Past 5 years: 3762.46%

  3. What are the peers or stocks similar to Solex Energy Ltd (SOLEX)?
  4. What is the market cap of Solex Energy Ltd (SOLEX) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Solex Energy Ltd (SOLEX) is ₹1422.15 Cr as of 18th May 2026.

  5. What is the 52 week high and low of Solex Energy Ltd (SOLEX) share?

    The 52-week high of Solex Energy Ltd (SOLEX) is ₹1985 and the 52-week low is ₹795.45.

  6. What is the PE and PB ratio of Solex Energy Ltd (SOLEX) stock?

    The P/E (price-to-earnings) ratio of Solex Energy Ltd (SOLEX) is 14.81. The P/B (price-to-book) ratio is 8.80.

  7. Which sector does Solex Energy Ltd (SOLEX) belong to?

    Solex Energy Ltd (SOLEX) belongs to the Industrials sector & Industrial Machinery sub-sector.

  8. How to buy Solex Energy Ltd (SOLEX) shares?

    You can directly buy Solex Energy Ltd (SOLEX) shares on Tickertape. Simply sign up, connect your demat account and place your order.