as of —
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Change
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Day Open
₹—
Day High
₹—
Day Low
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NSE Close — 25 Sep 2026
₹705.2
Change
-26.3 (-3.6%)
Open
₹732.1
Prev. Close
₹731.5
Day High
₹732.55
Day Low
₹696.3
Volume Analysis
Traded
81,974
Delivered
39,438
Delivery %
48.11%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (2)
- •Strong return on equity (46.3%)
- •Promoter holding is rising
Weaknesses (1)
- •High debt-to-equity ratio (1.34)
Opportunities (2)
- •Strong 3-year EPS growth (220.1%)
- •Strong 3-year revenue growth (115.4%)
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹762.65 | ₹747.6 | ₹726.4 | ₹711.35 | ₹690.15 | ₹675.1 | ₹653.9 |
| Fibonacci | ₹747.6 | ₹733.75 | ₹725.2 | ₹711.35 | ₹697.5 | ₹688.95 | ₹675.1 |
| Camarilla | ₹715.17 | ₹711.85 | ₹708.52 | ₹711.35 | ₹701.88 | ₹698.55 | ₹695.23 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-47.74%
1 Week
+1.9%
1 Month
-7.16%
3 Months
-36.1%
6 Months
-30.14%
1 Year
—
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹684.07
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
32.37%
Net margin 5.06% × asset turnover 1.37x × equity multiplier 4.67x
Company Overview
Sector
Capital Goods
Market Cap
₹762 Cr
P/E (TTM)
9.56
ROE
46.3%
Book Value
₹234.0
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 27 Sep 2026. Not investment advice.
TopFund Analysis
Solex Energy Limited lands in the middle of the pack on TopFund's composite fundamentals check within the Capital Goods sector, at 53/100. The strongest factor is Growth (100/100), while Momentum (4/100) is the weakest area to weigh before deciding. Notably: Strong return on equity (46.3%); promoter holding is rising; high debt-to-equity ratio (1.34). Strong 3-year EPS growth (220.1%).
TopFund Score — Fundamentals Quality
53/100 — AverageData confidence: 77/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company is expected to give good quarter
- +Company has a good return on equity (ROE) track record: 3 Years ROE 41.1%
- −Debtor days have increased from 63.7 to 80.5 days.
- −Promoter holding has decreased over last 3 years: -4.50%
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
12th AGM voting results: all 13 resolutions passed; final dividend ₹0.55/share approved.
Solex Energy outlined ₹4,000 crore FY27–FY30 expansion, targeting ₹4,500 crore revenue by FY28 and 2.2 GW cells.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 132 | 135 | 254 | 260 | 155 | 318 | 886 | 261 |
| Expenses + | 117 | 111 | 226 | 218 | 136 | 292 | 787 | 232 |
| Operating Profit | 14 | 24 | 28 | 41 | 19 | 26 | 98 | 29 |
| OPM % | 10.88% | 17.54% | 11.02% | 15.89% | 12.0% | 8.14% | 11.11% | 11.11% |
| Other Income + | 1 | 1 | 0 | 1 | 0 | 2 | 0 | 5 |
| Interest | 3 | 3 | 5 | 5 | 6 | 9 | 10 | 12 |
| Depreciation | 2 | 3 | 3 | 4 | 4 | 6 | 10 | 10 |
| Profit before tax | 11 | 19 | 20 | 33 | 8 | 12 | 78 | 11 |
| Tax % | 15.77% | 27.4% | 24.76% | 25.2% | 26.62% | 25.92% | 24.71% | 25.81% |
| Net Profit + | 9 | 14 | 15 | 25 | 6 | 9 | 59 | 8 |
| EPS in Rs | 8 | 13 | 13 | 22 | 5 | 8 | 54 | 7 |
| Raw PDF | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|
| Sales + | 162 | 366 | 662 | 1,618 | 1,619 |
| Expenses + | 150 | 337 | 589 | 1,434 | 1,447 |
| Operating Profit | 11 | 28 | 73 | 184 | 172 |
| OPM % | 7.0% | 8.0% | 11.0% | 11.0% | 11.0% |
| Other Income + | 3 | 2 | 4 | 3 | 6 |
| Interest | 6 | 10 | 11 | 31 | 38 |
| Depreciation | 5 | 8 | 9 | 25 | 31 |
| Profit before tax | 4 | 12 | 57 | 131 | 109 |
| Tax % | 30.0% | 24.0% | 25.0% | 25.0% | — |
| Net Profit + | 3 | 9 | 43 | 98 | 82 |
| EPS in Rs | 3 | 9 | 39 | 89 | 74 |
| Dividend Payout % | 0.0% | 5.0% | 1.0% | 0.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Reserves | — | 38 | 150 | 242 |
| Borrowings + | — | 96 | 148 | 339 |
| Other Liabilities + | — | 70 | 172 | 590 |
| Total Liabilities | — | 212 | 480 | 1,181 |
| Fixed Assets + | — | 54 | 110 | 338 |
| CWIP | — | 0 | 2 | 11 |
| Investments | — | 14 | 2 | 0 |
| Other Assets + | — | 143 | 366 | 833 |
| Total Assets | — | 212 | 480 | 1,181 |
| Equity Capital | — | 8 | 11 | 11 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Cash from Operating Activity + | — | 2 | -47 | 201 |
| Cash from Investing Activity + | — | -21 | -54 | -225 |
| Cash from Financing Activity + | — | 20 | 113 | 89 |
| Net Cash Flow | — | 0 | 12 | 64 |
| CFO/OP | — | 13 | -47 | 117 |
| Free Cash Flow | — | -6 | -114 | 7 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 56.51% | 29.36% | 29.35% | 29.35% | 29.35% | 28.24% | 32.94% | 33.06% | 32.75% | 32.63% | 32.91% | 33.26% |
| Promoters | 43.49% | 70.65% | 70.65% | 70.65% | 70.65% | 70.66% | 66.15% | 66.15% | 66.15% | 66.15% | 66.15% | 66.15% |
| FII | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.03% | 0.01% | 0.09% | 0.25% | 0.13% | 0.07% |
| DII | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 1.1% | 0.89% | 0.79% | 1.02% | 0.98% | 0.81% | 0.51% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Capital Goods — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Solex Energy Limited (this stock) | 762 | 9.56 | 3.01 | 46.3% |
| Sejal Glass Limited | 778 | 24.7 | 5.14 | 31.1% |
| Rama Steel Tubes Limited | 733 | 56.6 | 1.53 | 2.75% |
| Bajaj Steel Inds. Ltd. | 733 | 25.1 | 1.73 | 9.11% |
| Haldyn Glass Ltd. | 798 | 25.8 | 3.39 | 11.4% |
| Beekay Steel Inds. Ltd. | 803 | 18.4 | 0.77 | 1.4% |
| Oricon Enterprises Ltd | 807 | 48.7 | 0.7 | 1.28% |
Which Mutual Funds Hold Solex Energy Limited?
Frequently Asked Questions about Solex Energy Limited
Solex Energy Limited (SOLEX) closed at ₹705.2 on NSE on 25 September 2026, down 26.3 (3.6%) from the previous close.
Solex Energy Limited trades on the NSE (National Stock Exchange of India) under the symbol SOLEX.
Solex Energy Limited has a trailing twelve-month P/E (price-to-earnings) ratio of 9.56.
Solex Energy Limited has a dividend yield of 0.08%.
Solex Energy Limited's 52-week high is ₹1,985.0 and its 52-week low is ₹651.0.
Solex Energy Limited has a market capitalisation of ₹762 crore.
Solex Energy Limited has a TopFund Quality Score of 53/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
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