671.75
+2.33%
Close of 9 Nov 2026, in INR
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About Solex Energy
Its shares trade on NSE under the ticker SOLEX.NS. It has been listed since 5 February 2018. In the fiscal year to 31 March 2026, it reported revenue of ₹16.18bn and net income of ₹960.1m. At that date it held total assets of ₹11.81bn and shareholders' equity of ₹2.53bn.
Solex Energy Ltd. engages in the business of manufacturing solar photovoltaic modules along with providing turnkey solar solutions. The company is headquartered in Anand, Gujarat. The company went IPO on 2018-02-05. The firm provides turnkey solar solutions across different segments, such as solar power plants, solar water pumps, and utility scale ground mounted solar power plants. The firm's products include light-emitting diode (LED) Street lights, Solar Water Heater (EPC), Solar Water Pump-Surface, Solar Rooftop System and Solar Power Plants. The Company’s solar street lighting system is used for illuminating Highways, Village Road, Street in town, Garden and Industry premises. The firm's solar panels include polycrystalline and monocrystalline panels. Its solar water pumping system is used in various applications, such as drinking water supply, drip irrigation, pond management, aquarium and swimming pool water circulation. The firm also provides its customers with a complete end-to-end engineering, procurement and construction (EPC) services.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Information Technology
- Industry
- Semiconductors & Semiconductor Equipment
- Listed since
- 5 Feb 2018
- Employees
- 368
- Website
- solex.in ↗
Leadership
Pay as last reported
- Mr. Kalpeshkumar PatelChairman of the Board, Managing Director, since 2017
- Ms. Azmin ChiniwalaCompliance Officer, Company Secretary
- Mr. Sankar RayWhole-time Director, since 2017
- Ms. Ridhi PatelNon-Executive Director
- Mr. Jayesh GajjarAdditional Independent Director
- Mr. Sanjay PunjabiAdditional Independent Director
- Mr. Sanjay SrivastavaAdditional Independent Director
- Mr. Mahendrabhai MachhiNon-Executive Independent Director
- Mr. Kamlesh PatelNon-Executive Independent Director
- Mr. Rajeshbhai PatelNon-Executive Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Solex Energy Ltd manufactures solar photovoltaic modules and provides turnkey solar solutions.
- The company employs 368 full-time staff members in its operations.
- Solex Energy offers LED street lights and solar water heaters to customers.
Weaknesses
- The firm is headquartered in Anand, Gujarat, which may limit local reach.
- Solex Energy listed its shares on 5 February 2018, limiting recent market history.
- The company focuses on specific segments like solar water pumps and rooftop systems.
Opportunities
- Solex Energy can expand its solar power plants segment across different regions.
- The firm can grow its utility scale ground mounted solar power plants business.
- Solex Energy can increase sales of its polycrystalline and monocrystalline solar panels.
Threats
- Competition in the semiconductors sector may impact Solex Energy's market share.
- Economic factors could reduce demand for solar water pumps in rural areas.
- Regulatory changes in the Information Technology sector might affect Solex Energy operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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