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Solex Energy Ltd

SOLEX

Solex Energy Ltd

SOLEX
IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹1,624 cr, stock is ranked 1,269
High RiskStock is 4.80x as volatile as Nifty
1,509.350.47% (-7.10)
1,509.350.47% (-7.10)

Price Chart

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Low
Returns
1D
1W
1M
1Y
5Y
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1D
1W
1M
1Y
5Y
Max
SIP
IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹1,624 cr, stock is ranked 1,269
High RiskStock is 4.80x as volatile as Nifty
Scorecard

Performance

High

The creamy layer - amongst the top performing stocks

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few 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

IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹1,624 cr, stock is ranked 1,269
High RiskStock is 4.80x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
35.130.03%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
50.667.190.53%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 19.77%, vs industry avg of 10.63%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.22% to 0.3%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 11.88%, vs industry avg of 23.32%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue46.6234.50101.41149.34138.4279.9872.29164.39368.01
Raw Materialssubtract0.000.000.000.000.000.000.000.000.00
Power & Fuel Costsubtract43.1531.2694.67125.56115.1260.8159.22142.21305.94
Employee Costsubtract0.390.630.711.161.091.752.045.8612.74
Selling & Administrative Expensessubtract0.631.181.132.262.412.072.176.8012.87
Operating & Other expensessubtract1.05-0.96-0.9412.1712.0711.656.63-4.485.96
Depreciation/Amortizationsubtract0.180.410.650.580.330.260.254.538.46
Interest & Other Itemssubtract0.640.610.800.801.151.080.755.6110.50
Taxes & Other Itemssubtract0.180.451.221.831.790.680.241.142.81
EPS1.381.985.408.067.222.721.222.728.73
DPS0.000.000.800.000.400.240.120.000.44
Payout ratio0.000.000.150.000.060.090.100.000.05

Company Updates

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

Peers & Comparison

Comparing 3 stocks from 
IndustrialsIndustrial Machinery

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Solex Energy Ltd186.0635.130.03%
Cummins India Ltd57.1214.861.07%
Thermax Limited82.6012.010.25%
AIA Engineering Ltd28.734.890.46%

Price Comparison

Compare SOLEX with any stock or ETF
Compare SOLEX with any stock or ETF
SOLEX
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Shareholdings

Promoter Holdings Trend

Decreased 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 decreased by 4.51%

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

No institutional holdings trend are available

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding66.15%0.00%0.89%0.03%32.94%

Mar 2023

Sep 2023

Mar 2024

Sep 2024

Shareholding History

MarSepMarSepMarSep0.00%0.00%0.00%0.00%0.00%0.03%

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

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

Cash Dividend

Ex DateEx DateSep 2, 2020

Final
Final | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Sep 2, 2020

News & Opinions
Corporate
Solex Energy to hold board meeting

Solex Energy will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Solex Energy AGM scheduled

Solex Energy announced that the 10th Annual General Meeting (AGM) of the company will be held on 27 September 2024.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 8 August 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live

SE Power installs Solar Power Plant at factory premises in Vadodara; Stock ends at 52-week high

3 years agoIndia Infoline