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Solex Energy SOLEX.NS · INR

Information Technology · NSE · 🇮🇳 India

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671.75

+2.33%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹16.18bn

FY2017FY2026

Net income

₹960.1m

FY2017FY2026

Free cash flow

₹71.7m

FY2017FY2026

Shareholders' equity

₹2.53bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹16.18bn₹6.62bn₹3.66bn₹1.62bn₹719.2m₹796.2m₹1.38bn₹1.49bn₹1.01bn₹341.3m
Operating income₹1.59bn₹649.1m₹208.9m₹89.3m₹17.4m₹31.6m₹70.1m₹72.7m₹50.2m₹14.0m
Net income₹960.1m₹420.3m₹87.3m₹27.1m₹9.9m₹16.8m₹44.5m₹49.7m₹31.6m₹9.1m
Diluted earnings per share88.8838.928.462.510.913.429.0810.146.444.13

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹11.81bn₹4.80bn₹2.12bn₹1.41bn₹727.4m₹757.9m₹709.6m₹710.9m₹516.9m₹247.7m
Cash and short-term investments₹1.23bn₹120.5m₹121.9m₹1.3m₹3.4m₹20.7m₹5.8m₹6.4m₹1.9m₹15.4m
Total liabilities₹9.25bn₹3.19bn₹1.66bn₹1.03bn₹377.1m₹522.2m₹488.1m₹531.1m₹380.9m₹211.6m
Debt₹3.39bn₹1.47bn₹961.6m₹659.4m₹194.2m₹112.3m₹50.9m₹64.5m₹62.6m₹12.0m
Shareholders' equity₹2.53bn₹1.61bn₹462.4m₹376.3m₹350.4m₹235.8m₹221.5m₹179.8m₹136.0m₹36.1m
Shares outstanding11m11m10m11m11m5m5m5m5m2m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹2.01bn−₹474.9m₹17.1m−₹61.9m₹38.5m₹24.7m—₹50.0m−₹38.3m₹12.4m
Capital spending−₹1.94bn−₹666.4m−₹77.9m−₹351.6m−₹241.3m−₹11.1m—−₹8.6m−₹290,000−₹3.3m
Free cash flow₹71.7m−₹1.14bn−₹60.8m−₹413.4m−₹202.8m₹13.6m—₹41.4m−₹38.6m₹9.1m
Dividends paid−₹5.9m−₹4.8m−₹1.2m−₹1.2m−₹2.4m−₹2.5m—−₹5.9m——

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹2.61bn₹8.86bn₹3.18bn₹1.55bn₹2.60bn₹2.54bn₹1.35bn₹1.32bn
Operating income₹187.9m₹879.9m₹195.7m₹141.5m₹370.0m₹229.8m₹211.2m₹123.5m
Net income₹79.8m₹579.1m₹87.1m₹52.2m₹241.7m₹148.8m₹140.5m₹91.0m
Diluted earnings per share7.3953.618.074.8322.3813.7813.618.81
Cash from operations———₹353.0m—₹96.0m——
Capital spending———−₹1.51bn—−₹652.0m——
Free cash flow———−₹1.16bn—−₹556.0m——
Total assets—₹11.81bn—₹7.53bn—₹4.80bn—₹2.98bn
Cash and short-term investments—₹1.23bn—₹168.5m—₹120.5m—₹9.3m
Debt—₹2.81bn—₹2.71bn—₹1.47bn—₹733.3m
Shareholders' equity—₹2.53bn—₹1.86bn—₹1.61bn—₹1.32bn

Financial ratios

Data as of 4 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Operating margin9.8%9.8%5.7%5.5%2.4%3.9%
Net margin5.9%6.3%2.4%1.7%1.4%2.1%
Return on equity38.0%26.2%18.9%7.2%2.8%7.1%
Return on assets8.1%8.8%4.1%1.9%1.4%2.2%
Free cash flow yield54.2%2.6%1.3%4.3%4.1%0.6%
Revenue growth144.3%81.0%126.3%124.9%-9.7%-42.3%
Earnings growth128.4%381.2%222.2%174.4%-41.1%-62.3%
Current ratio1.23x1.47x1.31x1.52x2.34x1.64x
Debt to equity1.11x0.92x2.08x1.75x0.55x0.47x
Equity ratio21.4%33.4%21.8%26.7%48.2%31.1%
Interest coverage5.14x7.01x2.50x1.92x3.33x—
Buybacks as a share of market value-0.0%0.0%-8.0%0.4%-8.6%-49.4%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue115.5%82.6%—
Operating income160.9%118.8%—
Net income228.4%124.6%—

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Price to earnings6.931.8166.0137.7292.320.72.52.64.7
Price to sales0.42.04.02.34.00.40.10.10.1

Dividends and splits

Per share, in the currency the company pays

Paid for 8 years. Last went ex-dividend on 22 Sept 2025.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.550.550.120.120.240.400.400.80
  • 5-for-4 split · 20 Sept 2024

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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