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SOLEX

Solex Energy Limited (SOLEX) Stock Analysis

Solex Energy Limited manufactures solar photovoltaic modules and provides renewable energy products. It supplies modules to installers and developers in India's growing solar market. The company has expanded manufacturing capacity to serve utility and rooftop demand. It is listed on Indian stock exchanges.

Technology › Solar
₹644.10
-6.76% 1W  |  -55.20% 52W
Market Cap
696 CR
P/E Ratio
8.6
52W High
₹1985
52W Low
₹623.8
Div. Yield
0.09%
Beta
-0.4
50 DMA
₹755.9
200 DMA
₹1004.9
Profit Margin
4.9%
Inst. Own.
0%
Trendline Analysis
📉 CONSOLIDATING DOWN₹1.4k₹1.2k₹1.0k₹790.3₹575.216 Apr28 May10 Jul28 Aug13 Oct11.2L
Fundamentals
Profit & Loss
MetricSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales131.75134.66254.40259.61155.02317.90885.53260.82
Expenses117.42111.04226.37218.35136.42292.03787.18231.84
Operating Profit14.3323.6228.0341.2618.6025.8798.3528.98
OPM %10.88%17.54%11.02%15.89%12.00%8.14%11.11%11.11%
Other Income0.961.090.471.44-0.381.530.424.81
Interest2.532.895.005.415.899.3510.1912.48
Depreciation1.982.513.394.274.446.0910.3610.19
Profit before tax10.7819.3120.1133.027.8911.9678.2211.12
Tax %15.77%27.40%24.76%25.20%26.62%25.92%24.71%25.81%
Net Profit9.0814.0215.1324.715.798.8758.898.25
EPS in Rs8.4213.0113.2622.374.838.0653.617.39
Growth — CAGR
Metric3Y5Y10Y
Revenue CAGR115.0%––
Profit CAGR228.0%––
Shareholding Pattern
Promoters66.15%
FIIs0.07%
DIIs0.51%
Public33.26%
SOLEX
Holdings Analysis
Key strengths & risk signals
68
Overall
79
Fundamental
58
Technical
Risks (4)
LOW MARGIN! 4.9% profit margin - thin profits.
POOR YEAR! Stock declined 55.2% in the last year.
WEAK POSITION! Current price (644.1) is below both moving averages.
WEAK! Trading at 1.5% of 52W range - near yearly lows.
Strengths (4)
UNDERVALUED! PEG of 0.04 indicates stock is cheap relative to growth.
BULLISH SENTIMENT! In last 30 days: 8 up days, 22 down days. Avg volume on up days: 190,700 vs down days: 40,866. Ratio: 4.67x
LOW VOLATILITY! Beta of -0.40 - stable stock, less market risk.
APPROACHING OVERSOLD! RSI at 33.1 - watch for reversal.
Fundamental & Technical Analysis
68Overall
79Fundamental
58Technical
Fundamental Breakdown
Growth Quality
30/30
Revenue CAGR: 115.5% (EXCELLENT, 15/15). Profit CAGR: 228.4% (EXCELLENT, 15/15).
Profit Margin
2/10
LOW MARGIN! 4.9% profit margin - thin profits.
PEG Valuation
10/10
UNDERVALUED! PEG of 0.04 indicates stock is cheap relative to growth.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.09% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
14/20
MODERATE PUBLIC HOLDING! 29.35% public ownership - balanced ownership structure.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
5/10
BEARISH TREND! 50-day average (755.9) is below 200-day average (1004.9) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (644.1) is below both moving averages.
Trend Pattern
10/20
Current trend: CONSOLIDATING DOWN
52W Performance
0/10
POOR YEAR! Stock declined 55.2% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 8 up days, 22 down days. Avg volume on up days: 190,700 vs down days: 40,866. Ratio: 4.67x
RSI
4/5
APPROACHING OVERSOLD! RSI at 33.1 - watch for reversal.
52W Range
1/5
WEAK! Trading at 1.5% of 52W range - near yearly lows.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 6.8% (1 week), 7.8% (1 month), 35.3% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of -0.40 - stable stock, less market risk.
SOLEX
Concall / Investor Presentation
Earnings call transcripts & AI summaries
QuarterConcallSummary
Q1FY272026-09-26Concall PDF
Q4FY262026-05-22Concall PDF
Q3FY262026-02-17Concall PDF
Q2FY262025-11-14Concall PDF

Peer Comparison

Technology · Solar · 8 stocks
Industry peers
StockPriceP/EProfit MarginRevenue CAGR 5YProfit CAGR 5Y52W ChangeStock StrengthTrendlineYoY ProfitQoQ ProfitYoY RevenueQoQ Revenue
SOLEX₹644.108.64.9%115.5%228.4%-55.2%68 CONSOLIDATING DOWN-66.9%-86.2%+0.5%-70.5%
WAAREEINDO₹207.305.230.1%–-38.9%-70.7%52 APPROACHING SUPPORT-68.7%-12.9%-64.9%-17.7%
URJA₹8.40419.52.1%19.0%-4.4%-33.3%43 CONSOLIDATION-20.0%+100.0%-26.3%-20.5%
SWELECTES₹615.50226.8%40.0%115.1%-30.4%76 BREAKOUT-65.4%-30.4%-26.2%-35.4%
SOLARWORLD₹127.009.17.9%80.9%101.0%-59.1%71 BREAKOUT-26.4%-80.7%+146.9%-71.5%
SURANASOL₹23.6017.918.1%-21.0%-18.4%-27.5%52 BREAKDOWN+1,700.0%+2,600.0%+719.0%+26.5%
GENSOL₹27.901.26.8%139.5%165.3%-96.0%68 CONSOLIDATING DOWN–-42.5%–-0.6%
INA₹75.808.27.7%97.0%165.8%-17.7%65 BREAKDOWN–-45.8%–-6.7%
Data from TradeAlone · Updated daily
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