SOLEX ENERGY LIMITED
Latest filings
- Solex to unveil N-Type quarter-cell solar module · Compliance
- Solex subsidiary to issue Rs 150 Cr CCDs convertible into parent shares · Fund Raising
- Solex Energy: Promoter group share re-alignment agreement lapses · Strategic Transactions
Snapshot
What the business is, and whether it's a good one at a fair price.
Manufactures N-type TOPCon solar PV modules and executes solar EPC projects, primarily supplying independent power producers and renewable energy developers in India and overseas. Operates a 4 GW Industry 4.0-enabled automated module manufacturing facility at Tadkeshwar, Gujarat, and has been in solar manufacturing since 1995. The main product line is N-type 615-620 Wp glass-to-glass G12R modules, recognised as a 'Top Performer' in the Kiwa PVEL 2026 PV Module Reliability Scorecard. Beyond modules, it runs an EPC business that has executed over 200 projects across solar parks, industrial, textile and infrastructure segments, with FY27 EPC revenue guided at INR 125-150 crore. The company reports its business as a single segment combining solar module manufacturing and EPC, generating ₹1,618.063 crore in FY26 revenue. To move up the value chain, it has signed a ₹4,000 crore MoU with the Government of Gujarat for 5 GW of solar cell (TOPCon+IBC) and 10 GW of battery energy storage system (BESS) manufacturing; the first 2.2 GW cell line is targeted for Q4 FY27 commissioning. Materials account for 82.5% of revenue, making raw material costs the dominant input.
Scorecard
Measured from the filed financials, judged against its Other Electrical Equipment peers · as of FY26 — not investment advice
Strengths
Concerns
Charts
How has the market priced it — with filings on the timeline?
SOLEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peers
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Financials
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Ownership
Who owns it — and is the promoter stake clean?
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Common questions
Answered from SOLEX ENERGY LIMITED's filed financials and exchange disclosures
What does SOLEX ENERGY LIMITED do?
SOLEX ENERGY LIMITED is a Electrical Equipment company listed on NSE and BSE, trading under the symbol SOLEX.
Is SOLEX ENERGY LIMITED profitable?
Yes. Over the trailing twelve months SOLEX ENERGY LIMITED reported a net profit of ₹82 Cr on revenue of ₹1,619 Cr.
Does SOLEX ENERGY LIMITED pay a dividend?
Yes. The dividend yield is 0.10% at the current price. It paid out 1% of its profit as dividend in FY26.
Is SOLEX ENERGY LIMITED debt-free?
No. It reported borrowings of ₹269 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹193 Cr after cash. Debt stands at 1.05× equity. That is higher than 92% of its 50 Other Electrical Equipment peers.
Is SOLEX ENERGY LIMITED expensive compared with its peers?
On trailing P/E, SOLEX ENERGY LIMITED ranks 9 of 52 in Other Electrical Equipment — cheaper than 84% of them, against an industry median of 22.4×. This is a position, not a valuation judgement.
How much does the SOLEX ENERGY LIMITED share price move in a day?
On a typical session SOLEX ENERGY LIMITED moves 2.08% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.
Where can I track SOLEX ENERGY LIMITED's announcements?
Every NSE and BSE filing by SOLEX ENERGY LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.