Solex Energy Key Ratios
NSE: SOLEX | BSE: 544862
₹687.00
As on 05-Oct-2026 14:59IST
Market cap
₹741 Cr
Revenue (TTM)
₹1,619 Cr
P/E Ratio
9.3
P/B Ratio
2.8
Div. Yield
0.1 %
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 | 112.66 | 81.20 |
| EBIT | -78.64 | -49.20 | 47.75 | 177.22 | 115.93 |
| Net Profit | -86.19 | -66.98 | 29.05 | 220.09 | 121.27 |
| EPS | -86.21 | -66.97 | 29.51 | 211.96 | 97.85 |
| Book Value | -- | -- | 56.92 | 81.60 | 42.62 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| -- | 6.12 | 8.68 | 9.75 | 10.05 |
| Net Margin
| -- | 3.40 | 5.03 | 6.06 | 6.35 |
| Return on equity
| -- | 23.01 | 36.21 | 47.87 | 41.44 |
| Return on Capital
| -- | 20.13 | -- | 39.16 | 30.90 |
| Return on Assets
| -- | 6.19 | 13.85 | 11.70 | 11.90 |
| Debt to Equity (x)
| -- | -- | 0.76 | 1.06 | 0.94 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
--
|
39.16
|
30.90
|
15.48
|
--
|
|
Peer Median
|
--
|
29.53
|
28.46
|
13.90
|
--
|
ROE
36.21
Higher than Peers by 28.41
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
36.21
|
47.87
|
41.44
|
18.89
|
--
|
|
Peer Median
|
7.81
|
33.59
|
37.42
|
19.38
|
--
|
ROA
13.85
Higher than Peers by 7.76
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
13.85
|
11.70
|
11.90
|
4.12
|
--
|
|
Peer Median
|
6.08
|
11.80
|
11.70
|
4.13
|
--
|
EBIT Margin
8.68
Lower than Peers by 0.51
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
8.68
|
9.75
|
10.05
|
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-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
5.03
|
6.06
|
6.35
|
2.37
|
--
|
|
Peer Median
|
6.96
|
8.28
|
5.85
|
3.54
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
--
|
7.63
|
7.95
|
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-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
107.49
|
144.34
|
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-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
47.75
|
136.99
|
233.66
|
--
|
--
|
|
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-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
29.05
|
132.68
|
383.42
|
--
|
--
|
|
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-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
29.51
|
131.57
|
339.41
|
--
|
--
|
|
Peer Median
|
51.11
|
58.19
|
--
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
--
|
60.56
|
240.70
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.76
Higher than Peers by 0.73
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
0.76
|
1.06
|
0.94
|
2.08
|
--
|
|
Peer Median
|
0.03
|
0.52
|
0.94
|
1.60
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
--
|
0.14
|
0.39
|
0.87
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.23
Lower than Peers by 0.50
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
1.23
|
1.23
|
1.46
|
1.31
|
--
|
|
Peer Median
|
1.73
|
1.65
|
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-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
0.80
|
0.80
|
0.72
|
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-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
3.88
|
5.25
|
5.35
|
2.10
|
--
|
|
Peer Median
|
13.13
|
7.77
|
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-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
22.03
|
22.04
|
17.28
|
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-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
2.74
|
1.93
|
1.87
|
1.73
|
--
|
|
Peer Median
|
0.32
|
2.74
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
--
|
53.14
|
44.41
|
46.58
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
--
|
53.01
|
67.77
|
66.22
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
--
|
77.03
|
51.88
|
65.62
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
--
|
29.12
|
60.30
|
47.17
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
9.28
Lower than Peers by 14.62
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
9.28
|
10.37
|
16.45
|
59.35
|
--
|
|
Peer Median
|
23.90
|
11.36
|
41.00
|
124.37
|
--
|
Price / Book Value
2.84
Higher than Peers by 0.15
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
2.84
|
3.93
|
4.33
|
14.01
|
--
|
|
Peer Median
|
2.69
|
3.24
|
14.19
|
16.51
|
--
|
Dividend Yield
0.08
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
0.08
|
0.06
|
0.09
|
0.07
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
4.99
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
4.99
|
6.11
|
10.11
|
24.39
|
--
|
|
Peer Median
|
--
|
8.95
|
87.72
|
226.36
|
--
|
Market Cap
741
Lower than Peers by 167
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Solex Energy
|
741
|
995
|
682
|
648
|
--
|
|
Peer Median
|
908
|
618
|
1,295
|
1,233
|
--
|