Solex Energy Limited (SOLEX) fundamentals

Solex Energy Limited is a listed company in Electrical Equipment, part of the Capital Goods sector, listed on the NSE as SOLEX (ISIN INE880Y01017). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.

What Solex Energy Limited does

Solex Energy Limited is an India-based company, which is engaged in the manufacturing of solar photovoltaic modules. The Company provides turnkey solar solutions across different segments, like solar power plants, solar water pumps, and utility-scale ground-mounted solar power plants. The Company is a manufacturer of solar photo-voltaic modules, as well as in the Engineering, Procurement and Construction (EPC) in the solar energy market, wherein the manufactured modules. The Company’s solutions include Solar Residential Rooftop, Solar Industrial Rooftop, Solar Power Plant, and Solar Charging Stations. Its solar projects include SKY PGVCL Solar Farm (2019-20): Gujarat Ground Mount Project, JREDA Rooftop Solar (2017-18): Lighting Jharkhand - Project 1, JREDA Rooftop Solar (2017-18): Illuminating Jharkhand - Project 2, and others. It serves various industries, including government, real estate, agriculture, educational institutes, banking institutions, residential societies and others.

Valuation and market data

Last close₹704.50
Market capitalisation₹688 crore
Enterprise value₹748 crore
P/E (TTM)0.00
Price to book4.26
Price to sales (TTM)0.42
Book value per share₹165.40
Dividend yield7.81%
SectorCapital Goods
IndustryElectrical Equipment
Listed sinceWed Oct 08

Annual results

PeriodRevenueProfit before taxNet profitEPS
Mar 2026₹1,621 crore₹131 crore₹98 crore0.00
Mar 2025₹666 crore₹57 crore₹43 crore43.82
Mar 2024₹368 crore₹12 crore₹9 crore10.92
Mar 2023₹164 crore₹4 crore₹3 crore0.00

Figures are as reported (consolidated), in ₹ crore.

Shareholding pattern

As of Jun 2026:

Promoters66.2%
Foreign institutions (FII)0.1%
Mutual funds0.0%
Other domestic institutions0.5%
Retail and others33.3%

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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.