Solex Energy Ltd
SOLEXSolex Energy Ltd
SOLEX
Price Chart
Scorecard
Performance
HighThe creamy layer - amongst the top performing stocks
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
BadThe stock is overpriced and in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| — | 41.64 | 0.02% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 49.98 | 7.01 | 0.55% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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.
Peers
Compare with peersCummins India Ltd
Thermax Limited
AIA Engineering Ltd
Carborundum Universal Ltd
Timken India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 46.62 | 34.50 | 101.41 | 149.34 | 138.42 | 79.98 | 72.29 | 164.39 | 368.01 | — | ||||||||||
Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | ||||||||||
| Power & Fuel Cost | 43.15 | 31.26 | 94.67 | 125.56 | 115.12 | 60.81 | 59.22 | 142.21 | 305.94 | |||||||||||
| Employee Cost | 0.39 | 0.63 | 0.71 | 1.16 | 1.09 | 1.75 | 2.04 | 5.86 | 12.74 | |||||||||||
| Selling & Administrative Expenses | 0.63 | 1.18 | 1.13 | 2.26 | 2.41 | 2.07 | 2.17 | 6.80 | 12.87 | |||||||||||
| Operating & Other expenses | 1.05 | -0.96 | -0.94 | 12.17 | 12.07 | 11.65 | 6.63 | -4.48 | 5.96 | |||||||||||
EBITDA | 1.40 | 2.39 | 5.84 | 8.19 | 7.73 | 3.70 | 2.23 | 14.00 | 30.50 | — | ||||||||||
| Depreciation/Amortization | 0.18 | 0.41 | 0.65 | 0.58 | 0.33 | 0.26 | 0.25 | 4.53 | 8.46 | — | ||||||||||
| PBIT | 1.22 | 1.98 | 5.19 | 7.61 | 7.40 | 3.44 | 1.98 | 9.47 | 22.04 | — | ||||||||||
| Interest & Other Items | 0.64 | 0.61 | 0.80 | 0.80 | 1.15 | 1.08 | 0.75 | 5.61 | 10.50 | — | ||||||||||
| PBT | 0.58 | 1.37 | 4.39 | 6.81 | 6.25 | 2.36 | 1.23 | 3.86 | 11.54 | — | ||||||||||
| Taxes & Other Items | 0.18 | 0.45 | 1.22 | 1.83 | 1.79 | 0.68 | 0.24 | 1.14 | 2.81 | — | ||||||||||
| Net Income | 0.40 | 0.92 | 3.17 | 4.98 | 4.46 | 1.68 | 0.99 | 2.72 | 8.73 | — | ||||||||||
| EPS | 1.38 | 1.98 | 5.40 | 8.06 | 7.22 | 2.72 | 1.22 | 2.72 | 8.73 | — | ||||||||||
| DPS | 0.00 | 0.00 | 0.80 | 0.00 | 0.40 | 0.24 | 0.12 | 0.00 | 0.44 | — | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.15 | 0.00 | 0.06 | 0.09 | 0.10 | 0.00 | 0.05 | — |
Company Updates
Peers & Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Solex Energy Ltd | 220.57 | 41.64 | 0.02% |
| Cummins India Ltd | 58.89 | 15.32 | 1.04% |
| Thermax Limited | 89.56 | 13.02 | 0.23% |
| AIA Engineering Ltd | 30.06 | 5.12 | 0.44% |
Price Comparison
Compare SOLEX with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
No institutional holdings trend are available
Shareholding Pattern
Sep 2022
Mar 2023
Sep 2023
Mar 2024
Shareholding History
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
Dividend/Share
₹0.55
Ex DateEx Date
Sep 20, 2024
Cash Dividend
Ex DateEx DateSep 22, 2023
Dividend/Share
₹0.15
Ex DateEx Date
Sep 22, 2023
Cash Dividend
Ex DateEx DateSep 22, 2022
Dividend/Share
₹0.15
Ex DateEx Date
Sep 22, 2022
Cash Dividend
Ex DateEx DateAug 25, 2021
Dividend/Share
₹0.30
Ex DateEx Date
Aug 25, 2021
Cash Dividend
Ex DateEx DateSep 2, 2020
Dividend/Share
₹0.50
Ex DateEx Date
Sep 2, 2020
Solex Energy will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live
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
Solex Energy will hold a meeting of the Board of Directors of the Company on 8 August 2024.Powered by Capital Market - Live
SE Power installs Solar Power Plant at factory premises in Vadodara; Stock ends at 52-week high
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 19.77%, vs industry avg of 10.7%
Increasing Market Share
Over the last 5 years, market share increased from 0.22% to 0.31%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 11.88%, vs industry avg of 23.81%