Solex Energy Key Ratios
NSE: SOLEX | BSE: 544862
₹759.60
As on 28-Aug-2026IST
Market cap
₹821 Cr
Revenue (TTM)
₹1,619 Cr
P/E Ratio
10.3
P/B Ratio
3.1
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -70.55 | 0.47 | 107.49 | 109.37 | 36.75 |
| EBIT | -78.64 | -49.20 | 47.75 | 233.69 | 53.41 |
| Net Profit | -86.19 | -66.98 | 29.05 | 242.24 | 54.83 |
| EPS | -86.21 | -66.97 | 29.51 | 233.55 | 38.44 |
| Book Value | -- | -- | 216.70 | 61.09 | 32.49 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-25 | Mar-24 |
| EBIT-Margin
| 6.23 | 4.96 | 8.68 | 9.65 | 5.45 |
| Net Margin
| 3.33 | 2.69 | 5.03 | 6.43 | 2.37 |
| Return on equity
| 22.34 | 15.55 | 36.21 | 41.37 | 18.89 |
| Return on Capital
| 19.37 | 14.69 | -- | 29.96 | 15.48 |
| Return on Assets
| 6.38 | 4.55 | 13.85 | 12.36 | 4.12 |
| Debt to Equity (x)
| -- | -- | 0.76 | 0.92 | 2.08 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
--
|
29.96
|
15.48
|
--
|
--
|
|
Peer Median
|
--
|
40.42
|
28.46
|
13.90
|
--
|
ROE
36.21
Higher than Peers by 28.41
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
36.21
|
41.37
|
18.89
|
--
|
--
|
|
Peer Median
|
7.81
|
41.37
|
37.42
|
19.38
|
--
|
ROA
13.85
Higher than Peers by 7.76
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
13.85
|
12.36
|
4.12
|
--
|
--
|
|
Peer Median
|
6.08
|
17.89
|
11.70
|
4.13
|
--
|
EBIT Margin
8.68
Lower than Peers by 0.51
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
8.68
|
9.65
|
5.45
|
--
|
--
|
|
Peer Median
|
9.19
|
25.43
|
--
|
--
|
--
|
Net Margin
5.03
Lower than Peers by 1.93
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
5.03
|
6.43
|
2.37
|
--
|
--
|
|
Peer Median
|
6.96
|
9.09
|
5.85
|
3.54
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
--
|
7.86
|
4.70
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
107.49
Higher than Peers by 83.14
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
107.49
|
80.97
|
--
|
--
|
--
|
|
Peer Median
|
24.34
|
150.05
|
--
|
--
|
--
|
EBIT Growth
47.75
Lower than Peers by 27.60
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
47.75
|
220.20
|
--
|
--
|
--
|
|
Peer Median
|
75.35
|
74.90
|
--
|
--
|
--
|
Net Profit Growth
29.05
Lower than Peers by 14.82
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
29.05
|
389.92
|
--
|
--
|
--
|
|
Peer Median
|
43.87
|
59.80
|
--
|
--
|
--
|
EPS Growth
29.51
Lower than Peers by 21.60
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
29.51
|
345.41
|
--
|
--
|
--
|
|
Peer Median
|
51.11
|
58.19
|
--
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
--
|
247.37
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.76
Higher than Peers by 0.73
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
0.76
|
0.92
|
2.08
|
--
|
--
|
|
Peer Median
|
0.03
|
0.48
|
0.94
|
1.60
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
--
|
0.38
|
0.87
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.23
Lower than Peers by 0.50
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
1.23
|
1.47
|
1.31
|
--
|
--
|
|
Peer Median
|
1.73
|
1.52
|
1.43
|
1.33
|
--
|
Quick Ratio
0.80
Lower than Peers by 0.24
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
0.80
|
0.74
|
0.73
|
--
|
--
|
|
Peer Median
|
1.04
|
1.74
|
--
|
--
|
--
|
Interest Coverage
3.88
Lower than Peers by 9.25
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
3.88
|
6.27
|
2.10
|
--
|
--
|
|
Peer Median
|
13.13
|
7.99
|
6.33
|
3.18
|
--
|
Operating Efficiency
Debtors to sales
22.03
Lower than Peers by 1.56
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
22.03
|
17.54
|
12.76
|
--
|
--
|
|
Peer Median
|
23.58
|
26.91
|
--
|
--
|
--
|
Asset Turnover
2.74
Higher than Peers by 2.42
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
2.74
|
1.91
|
1.73
|
--
|
--
|
|
Peer Median
|
0.32
|
2.74
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
--
|
44.87
|
46.58
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
--
|
67.77
|
66.22
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
--
|
51.77
|
65.62
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
--
|
60.87
|
47.17
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
10.28
Lower than Peers by 17.36
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
10.28
|
16.22
|
59.35
|
--
|
--
|
|
Peer Median
|
27.65
|
10.98
|
41.00
|
124.37
|
--
|
Price / Book Value
3.14
Higher than Peers by 0.29
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
3.14
|
4.24
|
14.01
|
--
|
--
|
|
Peer Median
|
2.85
|
3.61
|
14.19
|
16.51
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
--
|
0.09
|
0.07
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
5.44
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
5.44
|
10.65
|
24.39
|
--
|
--
|
|
Peer Median
|
--
|
14.97
|
87.72
|
226.36
|
--
|
Market Cap
821
Lower than Peers by 232
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Solex Energy
|
821
|
682
|
648
|
--
|
--
|
|
Peer Median
|
1,053
|
821
|
1,295
|
1,233
|
--
|