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Solex Energy Ltd. (SOLEX.NS)

INR995.00 -1.80 (-0.18%)
IN NSE Energy Solar
Address Rio Empire 395009
Surat, IN
CEO Chetan Sureshchandra Shah
Website solex.in
IPO 2018-02-05
ISIN INE880Y01017

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Description

Solex Energy Ltd. operates within India, specializing in the production and sale of solar photovoltaic (PV) panels. The company delivers comprehensive, end-to-end solar solutions, encompassing engineering, procurement, and construction (EPC) services for the renewable energy market. Their extensive portfolio features complete solar power plant installations, including large-scale utility ground-mounted facilities and solar water pumping systems. Solex also addresses various other needs, offering rooftop solar systems for both residential and industrial clients, independent off-grid power plants, grid-connected solar solutions, and integrated solar lighting systems for homes and streets. Furthermore, they provide bespoke solar solutions tailored to specific requirements. Solex Energy serves a remarkably diverse clientele, reaching across numerous sectors such as government entities, real estate development, agriculture, manufacturing, healthcare, hospitality, housing societies, banking and financial institutions, educational bodies, transportation and logistics, media and entertainment, and the telecommunications industry. Established in 1995, Solex Energy Ltd. is headquartered in Surat, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR995.00 -1.80 (-0.18%)
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Volume Profile
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Liquidity & share structure
Average Volume
79.8K
Beta
-0.27
Float Shares
3.90M
Free Float %
36.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-4.14% -6.88% -5.43% +41.24% -31.50% -1.61% +0.96% +263.69% +2,946.25% +2,829.09% +2,829.09%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

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Revenue composition

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By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
995.00
Quality scores
MOAT Score
3 / 10
No MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
5 / 5
High
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Solar: +18.1%
    +144.3% Q1'26: +572.1% (vs Q3'24)
  • EPS growth Solar: +43.7%
    -100.0% Q1'26: +508.5% (vs Q3'24)
  • FCF margin FCF growth · Solar: +87.8%
    +7.7% Q1'26: -13.1% (vs Q3'24)
  • EBIT margin Solar: +4.0%
    +10.0% Q1'26: +10.0% (vs Q3'24)
  • ROIC Solar: +1.3%
    +25.8% Q1'26: +56.5% (vs Q3'24)
  • Share dilution Solar: 0.0%
    -100.0% Q1'26: +4.6% (vs Q3'24)
  • Debt / EBITDA Net debt/EBITDA · Solar: 0.12×
    1.81× Q1'26: 0.86× (vs Q3'24)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-0.20) × ERP
WACC = 0% × Ke + 100% × Kd (9.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 995.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B 3/5 1/5 5/5 4/5 1/5 3/5 2/5
2026-05-27 B 3/5 1/5 5/5 4/5 1/5 3/5 2/5
2026-05-26 B 3/5 1/5 5/5 4/5 1/5 3/5 2/5
2026-05-25 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-05-22 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-05-21 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-05-20 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-05-19 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-05-18 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-05-15 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-05-14 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-05-13 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-05-12 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-05-11 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-05-08 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-05-07 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-05-06 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-05-05 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-05-04 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-29 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
Ownership data is not available for this company yet.

Executive team

Top executives
EBIT / Employee
1.85M
Shares Outstanding
10.80M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Azmin Chiniwala Compliance Officer & Company Secretary female
Brijesh Khanna President of Operations male
Chetan Sureshchandra Shah Chairman & MD
Hemal Kachiwala Chief Financial Officer male
Kalpeshkumar Ramanbhai Patel Whole-time Director male
Kiran Ritesh Shah Executive Director female
Piyush Kailashchandra Chandak Whole-time Director male
Rajat Gupta Head of Marketing & Communications male
Rajesh Varia Head of Supply Chain & Purchase male
Vikash Anand President of Sales & Business Development male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings reports

Stock splits