What is Solex Energy Ltd's PE ratio?

Solex Energy Ltd trades at a P/E ratio of 10.20.

What is Solex Energy Ltd's market cap?

Solex Energy Ltd's market capitalisation is ₹751 Cr.

When did Solex Energy Ltd last report results?

Solex Energy Ltd last reported Q2FY26 results on 11 Sept '26.

What is Solex Energy Ltd's ROE?

Solex Energy Ltd's return on equity (ROE) is 44.1%.

What sector is Solex Energy Ltd in?

Solex Energy Ltd (SOLEX) is classified in the Industrials sector (Other Electrical Equipment).

Industrials · Other Electrical Equipment

Solex Energy Ltd (SOLEX)

₹731.50

Mkt cap

₹751 Cr

P/E ratio

10.20

P/B

3.25

Div yield

0.08%

ROE

44.10%

ROCE

34.00%

EPS (TTM)

₹71.72

Book value

₹225

52W range

651–1,985

Sector

Industrials

Price history

Previous close

Incorporated in 1995, Solex Energy Ltd manufactures solar photo-voltaic cells and modules and is also in the Engineering, Procurement and Construction in the solar energy market [1]

NSE SOLEXBSE 544862

Health check

Constructive

ValuationCheap

ProfitabilityStrong

GrowthHigh

TechnicalsBearish

52-week range

−63.15% from high

₹732

₹651+12.33% from low₹1,985

Current

₹731.50

Prev close

₹735.20

Day

−0.50%

Price performance

+0.65%

+10.23%

−6.20%

−32.17%

−26.71%

−51.16%

YTD

−44.73%

Financials

Revenue, profit & margin

P/E ratio

10.2×

SOLEX is 59% below the sector median of 24.7×

SOLEX10.2×

Sector median24.7×

	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	131.75	134.29	252.60	249.20	148.61	317.99	839.48	259.42
Expenses	117.35	110.55	230.21	211.13	133.08	292.91	747.11	232.46
Operating Profit	14.40	23.74	22.39	38.07	15.53	25.08	92.37	26.96
OPM %	10.93%	17.68%	8.86%	15.28%	10.45%	7.89%	11.00%	10.39%
Other Income	0.96	1.09	1.65	1.63	-0.48	1.29	0.45	4.89
Interest	2.53	2.89	4.99	5.41	5.89	9.18	9.87	12.17
Depreciation	1.98	2.51	3.39	4.26	4.44	6.08	10.22	10.14
Profit before tax	10.85	19.43	15.66	30.03	4.72	11.11	72.73	9.54
Tax %	15.85%	27.38%	24.65%	25.17%	28.18%	25.92%	24.67%	25.16%
Net Profit	9.13	14.11	11.80	22.47	3.40	8.23	54.80	7.15
EPS in Rs	8.45	13.06	10.92	20.80	3.15	7.62	50.73	6.62
Raw PDF

Earnings

Results dates & reactions

No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

Avg earnings-day move −5.63% · closed higher next day 0 of last 2

	Q2FY26†	Q1FY27
Broadcast	11 Sept '26	14 Aug '26
Earnings day	−0.94%	−10.33%
+1 day	−5.15%	−8.05%
+5 days	−1.87%	−9.50%
+15 days	—	−18.34%
+30 days	—	—
Filing	XBRL	PDF

Corporate actions

Last 6 months

No recent corporate actions

Dividends, splits, and bonuses in the last six months show up here.

Shareholding

as of Jun 2026

66.15%Promoter

Promoters66.15%

FIIs0.07%0.06

DIIs0.51%0.30

Public33.26%0.35

Ownership trend

Peers

8 companies

Valuation vs quality

P/E × ROCE · bubble = market cap

Name	CMP	P/E	Mkt Cap	Div Yld	NP Qtr	Qtr Profit Var	Sales Qtr	Qtr Sales Var	ROCE
Apar Inds.	₹18,858.00	65.51	78,963	0.32%	467	+77.80%	6,591	+29.13%	31.81%
Waaree Energies	₹2,560.70	18.30	73,659	0.16%	892	+14.09%	7,932	+79.22%	38.45%
Premier Energies	₹902.00	24.59	40,946	0.11%	472	+50.45%	2,463	+35.25%	32.71%
Emmvee Photovol.	₹328.00	17.82	22,709	0.30%	380	+102.64%	1,556	+51.34%	44.62%
MTAR Technologie	₹7,202.00	161.36	22,153	0.00%	51	+349.69%	361	+130.37%	15.15%
Diamond Power	₹366.80	118.27	21,937	0.00%	57	+197.81%	707	+132.98%	24.20%
Avalon Tech	₹2,537.70	127.04	16,973	0.00%	35	+145.39%	484	+49.83%	19.29%
Solex Energy	₹695.10	10.20	751	0.08%	7	−68.18%	259	+4.10%	34.04%
Median: 60 Co.	₹323.50	24.70	789	0.00%	8	+29.53%	135	+32.37%	21.57%

Filings

Annual reports9

Annual Report 2026 Annual Report 2025 Annual Report 2024 Annual Report 2023 Annual Report 2022 Annual Report 2021 Annual Report 2020 Annual Report 2019 Annual Report 2018

Credit ratings6

Rating update 24 Augcrisil Rating update 12 Maycrisil Rating update 8 Oct 2025crisil Rating update 9 Jun 2025crisil Rating update 26 May 2025crisil Rating update 8 May 2025crisil

Announcements5

Announcement under Regulation 30 (LODR)-Press Release / Media Release 3 Sep - Solex Energy wins ₹74.77 crore module orders; receives ₹174.30 crore LOI, pipeline at ₹846 crore.Outcome Of Board Meeting Held On June 18, 2026 - Outcome Being Submitted Subsequent To Listing Of The Company 3 Sep - Board recommended ₹0.55 dividend and approved BSE Mainboard listing, subject to approvals.Intimation Of Board Meeting Held On June 18, 2026, Intimation Being Submitted Subsequent To Listing Of The Company 3 Sep - Board meeting on June 18, 2026 to consider dividend for FY2025-26.Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 3 Sep - Solex Energy secured domestic work orders worth ₹74.77 crore for solar PV module supply, executed by December 2026.Outcome Of Board Meeting Held On August 14, 2026 - Outcome Being Submitted Subsequent To Listing Of The Company 2 Sep - Board approved Q1 FY2026-27 results, AGM on September 22, 2026, and dividend-related record dates.