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Solex Energy Ltd

SOLEX Share Price

1,548.800.93% (-14.60)
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With a market cap of ₹1,688 cr, stock is ranked 1,235

Stock is 4.13x 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

Low

Lagging behind the market in financials growth

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 ₹1,688 cr, stock is ranked 1,235

Stock is 4.13x as volatile as Nifty

SOLEX Performance & Key Metrics

SOLEX Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
39.7710.460.04%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
41.246.100.64%

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.

SOLEX Similar Stocks (Peers)

Compare with peers Compare with peers 

SOLEX Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
61.81
61.81
1Y Return
25.78%
25.78%
Buy Reco %
68.42
68.42
PE Ratio
33.82
33.82
1Y Return
9.93%
9.93%
Buy Reco %
87.50
87.50
PE Ratio
50.94
50.94
1Y Return
39.37%
39.37%
Buy Reco %
45.00
45.00
PE Ratio
52.69
52.69
1Y Return
8.22%
8.22%
Buy Reco %
71.43
71.43
PE Ratio
69.21
69.21
1Y Return
27.65%
27.65%
Buy Reco %
100.00
100.00
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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Financial YearFY 2023FY 2024FY 2025TTM
Total Revenue164.39368.01665.82689.86
Raw Materialssubtract150.390.000.00602.57
Power & Fuel Costsubtract309.84485.74
Employee Costsubtract12.7420.77
Selling & Administrative Expensessubtract12.7031.03
Operating & Other expensessubtract2.2351.56
Depreciation/Amortizationsubtract4.538.469.2313.26
Interest & Other Itemssubtract5.6110.5010.7716.33
Taxes & Other Itemssubtract1.142.8114.6915.23
EPS2.718.7340.4139.32
DPS0.440.550.55
Payout ratio0.000.050.010.01

SOLEX Company Updates

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

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 Ltd40.1810.460.04%
Cummins India Ltd61.8116.351.15%
AIA Engineering Ltd33.825.170.42%
Thermax Limited50.946.540.49%

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

No institutional holdings trend are available

Tickertape Separator

SOLEX Shareholding Pattern

SOLEX Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding66.15%0.00%1.02%0.09%32.75%

Mar 2024

Sep 2024

Mar 2025

Sep 2025

SOLEX Shareholding History

SOLEX Shareholding History

MarSepMarSepMarSep0.00%0.00%0.00%0.03%0.01%0.09%

SOLEX Insider Trades & Bulk Stock Deals

SOLEX Insider Trades & Bulk Stock Deals

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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 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

3 weeks 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

4 weeks 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

3 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

6 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 May 2025.Powered by Capital Market - Live

6 months agoCapital Market - Live
Live Market Update
Indices pare all gains; VIX slides 1.66%

The domestic equity benchmarks erased all gains and traded in negative terrain in early afternoon trade. The Nifty traded below the 24,600 level. Realty shares extended gains for the second consecutive trading session. At 12:27 IST, the barometer index, the S&P BSE Sensex was down 64.05 points or 0.08% to 81,445.25. The Nifty 50 index lost 26.05 points or 0.11% to 24,592.95. In the broader market, the S&P BSE Mid-Cap index added 0.08% and the S&P BSE Small-Cap index shed 0.01%. The market breadth was positive. On the BSE, 1,946 shares rose and 1,894 shares fell. A total of 155 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, slipped 1.66% to 13.87. The Nifty 26 December 2024 futures were trading at 24,711.45, at a premium of 118.50 points as compared with the spot at 24,592.95. The Nifty option chain for the 26 December 2024 expiry showed maximum Call OI of 50.4 lakh contracts at the 26,000 strike price. Maximum Put OI of 68.4 lakh contracts was seen at 24,000 strike price. Buzzing Index: The Nifty Realty index rose 0.97% to 1,087.35. The index rallied 1.25% in two consecutive trading sessions. Raymond (up 11.59%), Phoenix Mills (up 2.59%), Macrotech Developers (up 1.33%), Brigade Enterprises (up 1.29%), Mahindra Lifespace Developers (up 0.72%), DLF (up 0.54%) and Godrej Properties (up 0.42%) advanced. On the other hand, Sobha (down 2.8%), Oberoi Realty (down 0.23%) and Prestige Estates Projects (down 0.05%) edged lower. Stocks in Spotlight: Solex Energy rallied 4.07% after the company announced that it has received a work order worth Rs 29 crore from Zodiac Energy for supply of solar PV Modules. NACL Industries soared 10.95% after the company said that its board will meet on Thursday, 12 December 2024, to consider and evaluate proposals for fundraising. NBCC (India) shed 0.22%. The company informed that it has received an order worth Rs 432 crore from Central University of Odisha.Powered by Capital Market - Live

11 months agoCapital Market - Live
Spotlight
Solex Energy jumps on bagging Rs 29-cr Solar Module order

The order includes the supply of 20 MW of Solex Bifacial PERC Solar Modules. The said project is valued at Rs 29 crore and it is scheduled to be completed within three months as per the terms of the agreement. Solex Energy is engaged in renewable energy solutions. The company manufactures, distributes, and installs solar photovoltaic module, home and street light, lantern, power plant, solar inverters, water heating systems and wood-fired water heaters. Solex Energy also provides solutions for solar rooftop systems. On a full-year basis, the company's consolidated net profit soared 222.1% to Rs 8.73 crore on 126.3% surge in revenue from operations to Rs 365.92 crore in FY24 over FY23. Powered by Capital Market - Live

11 months agoCapital Market - Live
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

1 year 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

1 year 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

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 5th December 2025 is ₹1548.80. 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: -15.89%
    • Past 1 month: -9.41%
    • Past 3 months: 18.56%
    • Past 6 months: 24.51%
    • Past 1 year: 3.98%
    • Past 3 years: 505.88%
    • Past 5 years: 5572.71%

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

    The current dividend yield of Solex Energy Ltd (SOLEX) is 0.04.

  5. 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 ₹1688.86 Cr as of 5th December 2025.

  6. 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 ₹630.90.

  7. 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 40.18. The P/B (price-to-book) ratio is 10.46.

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

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

  9. 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.