Solex Energy share price
NSE: SOLEXBSE: 544862Electrical EquipmentSmall Cap
Solex Energy Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Feb 2018 on NSE, Aug 2026 on BSE · Issue price ₹1,694
Last close ₹559.70up ₹13.05 (2.39%)BSE ₹557.70
Share price at the NSE close on 29 Oct 2026. Previous close ₹546.65.
29 Oct: open ₹546.65, high ₹569.80, low ₹540.30
52-week range of traded prices to 28 Oct 2026
₹522.00Low, 26 Oct 2026₹1,985.00High, 21 Nov 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹591 Cr1,385th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- Owners' profit not stated
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.33
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.10%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 26.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 1.05
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 49,136
Results
Standalone, as consolidated accounts are on record for only 2 of the last ten years; ₹ crore.Solex Energy quarterly results
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹259 Crdown 69.10%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹7.15 Crdown 86.96%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 2.8%
Revenue by quarter
Peak revenue ₹839 Cr, quarter to Mar 2026; lowest ₹149 Cr, quarter to Sep 2025
Net profit by quarter, a loss in red
| ₹ crore | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | 249 | 149 | 318 | 839 | 259 |
| Net profit | 22 | 3 | 8 | 55 | 7 |
| Net margin | 9.0% | 2.3% | 2.6% | 6.5% | 2.8% |
Standalone. The 5 quarters from Jun 2025, the first on record; the half years before them are below. The latest is shaded.
| ₹ crore | Sep 2024 | Mar 2025 |
|---|---|---|
| Revenue | 273 | 387 |
| Net profit | 13 | 27 |
| Net margin | 4.8% | 6.9% |
Standalone. The half years in the same span that the quarters on record do not fully cover.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,555 Crup 135.63%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹89 Crup 124.48%
- Net margin
- 5.7%
Revenue by year
Peak revenue ₹1,555 Cr, year to Mar 2026; lowest ₹72 Cr, year to Mar 2022
Net profit by year, a loss in red
| ₹ crore | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 149 | 138 | – | 72 | – | 366 | 660 | 1,555 |
| Net profit | 5 | 4 | – | 1 | – | 9 | 40 | 89 |
| Net margin | 3.3% | 3.2% | – | 1.4% | – | 2.4% | 6.0% | 5.7% |
Standalone. Years to March. The latest is shaded. No results on record for the years to Mar 2021 and Mar 2023.
Business segments
In the year to Mar 2026 the company reports one business segment, Manufacturing of Solar PV Module, which carries all its revenue.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +46.0% | +124.5% | −35.0% | 0.1% |
| 3 years | +39.0% | – | – | 0.0% |
| 5 years | +101.3% | – | – | 0.1% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Solex Energy competitors and peers
Other Electrical Equipment, 84 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Solex Energy in market cap. Solex Energy's own figures are from its last trade, on 28 Oct 2026. 5 companies in the table last traded before then: their rows are priced on their last trade.Capital goods stocks
Solex Energy is not on the chart: it has no P/E or return on equity today
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Parth Electricals & EngineeringPARTH | 657 | 46.12 | 5.89 | – | – | 12.8% | – | 0.00% |
 GEEGEE | 620 | 32.85 | 2.88 | +18.7% | – | 9.2% | 11.9% | 0.00% |
 Sugs LloydSUGSLLOYD | 620 | 20.27 | 4.45 | – | – | 22.0% | – | 0.00% |
 Delton CablesDLTNCBL | 600 | 31.18 | 1.75 | +54.6% | −6.5% | 8.9% | 13.5% | 0.29% |
 Ganesh Green BharatGGBL | 513 | 6.82 | 1.83 | +235.2% | +148.8% | 31.0% | – | 0.24% |
 SPEL SemiconductorSPELS | 469 | – | 154.12 | −42.2% | – | – | – | 0.00% |
 GP Eco Solutions IndiaGPECO | 466 | 11.61 | 4.23 | +68.2% | +283.5% | 45.8% | – | 0.00% |
 Urja GlobalURJA | 459 | – | 2.60 | −18.8% | – | – | 0.8% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Solex Energy dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹0.80 a share, year to Mar 2018.
| Ex-date | Type | Per share |
|---|---|---|
| 15 Sep 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹0.55 |
| 20 Sep 2024 | Final | ₹0.55 |
| 22 Sep 2023 | Final | ₹0.15 |
| 22 Sep 2022 | Final | ₹0.15 |
| 25 Aug 2021 | Final | ₹0.30 |
| 2 Sep 2020 | Final | ₹0.50 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Solex Energy announcements
Oct 2026
16 Oct · Rescission/termination(s)
6 Oct · Business
5 Oct · Business
Solex Energy share price by year
Each calendar year to 2025.Solex Energy share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 1,238.50 | −11.8% | 1,918.00 | 631.20 |
| 2024 | 1,404.40 | +306.4% | 1,782.55 | 345.00 |
| 2023 | 345.60 | +29.3% | 579.28 | 219.72 |
| 2022 | 267.28 | +276.5% | 370.44 | 74.52 |
| 2021 | 71.00 | +206.0% | 71.00 | 23.20 |
| 2020 | 23.20 | +11.8% | 30.36 | 15.68 |
| 2019 | 20.76 | −13.5% | 25.60 | 16.00 |
| 2018 | 24.00 | – | 41.44 | 24.00 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2018 is from its first session, 5 Feb 2018.
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 541.90 | 550.00 | 529.35 | 546.65 | 540.20 | 21,386 | 31.8% |
| 27 Oct 2026 | 527.00 | 548.00 | 525.20 | 532.65 | 538.62 | 21,134 | 35.0% |
| 26 Oct 2026 | 533.05 | 543.60 | 522.00 | 526.85 | 529.87 | 18,179 | 48.7% |
| 23 Oct 2026 | 551.10 | 554.65 | 522.05 | 533.00 | 532.50 | 44,691 | 38.3% |
| 22 Oct 2026 | 567.00 | 567.95 | 550.00 | 554.85 | 558.43 | 28,488 | 35.7% |
| 21 Oct 2026 | 608.10 | 619.95 | 556.80 | 569.40 | 579.54 | 64,801 | 48.1% |
| 19 Oct 2026 | 623.85 | 638.95 | 603.00 | 608.10 | 613.13 | 20,092 | 49.7% |
| 16 Oct 2026 | 635.00 | 640.05 | 620.15 | 625.10 | 627.49 | 14,869 | 53.5% |
| 15 Oct 2026 | 641.00 | 641.00 | 628.60 | 632.55 | 632.51 | 13,157 | 52.5% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus share history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 20 Sep 2024 | Bonus | 0.8000 | Holders received 1 bonus share for every 4 held. |
| 18 Mar 2020 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
| 18 Dec 2019 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.
Company details
- NSE symbol
- SOLEX
- BSE code
- 544862
- ISIN
- INE880Y01017
- Industry
- Electrical Equipment
- Website
- www.solex.in
- CIN
- L40106GJ2014PLC081036
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2014
- Registered office
- Plot No. 131/A, Phase 1 Nr. Krimy Industries, GIDC Vithal Udyognagar, Anand 388121, Gujarat
- Share registrar
- Skyline Financial Services Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments