Solex Energy LimitedSOLEXCorporate

Electric Equipment Latest results: Jun 2026 8 quarters of data
₹625.10
MCap ₹675 Cr · P/E 8.2
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹261 Cr
Sales · Jun 2026
+0.3% YoY
₹29 Cr
Operating Profit · Jun 2026
-29.3% YoY
11.1%
OPM % · Jun 2026
-29.7% YoY
₹8 Cr
Net Profit · Jun 2026
-67.0% YoY
₹7.39
EPS · Jun 2026
-67.0% YoY

📝 Solex Energy Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Solex Energy Limited reported revenue of ₹261 crore for the quarter ended June 2026 (Q1 FY27), up 0.3% from ₹260 crore in the same quarter last year, and down 70.6% sequentially over the March 2026 quarter.

Net profit fell 67.0% year-on-year to ₹8 crore, from ₹25 crore. Earnings per share (EPS) came in at ₹7.39.

Operating profit stood at ₹29 crore — an operating margin (OPM) of 11.1%, compared with 15.8% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Solex Energy Limited posted revenue of ₹1,619 crore, a growth of 144.5% over FY25, with a net profit of ₹99 crore (up 135.1% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,620 crore with a net profit of ₹82 crore.

Valuation snapshot

At the current price of ₹625.10, SOLEX has a market capitalisation of ₹675 crore and a trailing P/E of about 8.2.

Within the Electric Equipment industry, it is the 25th-largest of the 41 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 66.15%, foreign institutional investors (FIIs) 0.32%, domestic institutional investors (DIIs) 0.28%, public shareholders 33.25% of Solex Energy Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹675 Cr
Current Price ?
₹625.1
P/E ?
8.23below ind
Industry P/E ?
29.80
P/B ?
2.67
P/S ?
0.42
P/FCF ?
96.47
Enterprise Value ?
₹1,014 Cr
EV/EBITDA ?
5.91
PEG ?
0.04
Earnings Yield ?
13.9%
Dividend Yield ?
0.09%
Profitability & Returns
Sales (TTM) ?
₹1,620 Cr
OPM ?
10.6%
Profit after tax (TTM) ?
₹82 Cr
EPS (TTM) ?
₹75.95
ROCE ?
36.0%
ROE ?
32.4%
ROA ?
6.9%
Growth
Sales — latest qtr ?
₹261 Cr
PAT — latest qtr ?
₹8 Cr
YoY qtr sales growth ?
0.3%
YoY qtr profit growth ?
-67.0%
Sales growth (3y) ?
115%
Sales growth (5y) ?
N/A
Profit growth (3y) ?
228%
Profit growth (5y) ?
N/A
Financial Health
Debt ?
₹339 Cr
Debt to Equity ?
1.34
Interest Coverage ?
5.3
Current Ratio ?
N/A
Ownership
Promoter holding ?
66.15%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-36.5%
Return 6 months ?
-50.9%

🗓️ Quarterly results (8 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 273135254260155318886261 +0.3% -70.6%
Operating Profit 2424284119269829 -29.3% -70.4%
Other Income 1101-0205 +380.9% —
Interest 4355691012 +149.7% +24.8%
Depreciation 4334461010 +154.6% +1.9%
Profit Before Tax 171920338127811 -66.3% -85.7%
Net Profit 1314152569598 -67.0% -86.0%
EPS 15.5713.0113.2622.374.838.0653.617.39 -67.0% -86.2%
OPM % 8.9% 17.8% 11.0% 15.8% 12.0% 8.2% 11.1% 11.1% -29.7% +0.0%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹662 Cr ₹1,619 Cr ₹1,620 Cr +144.5%
Operating Profit ₹76 Cr ₹184 Cr ₹172 Cr +140.8%
OPM % 11.51% 11.34% 10.59% -1.5%
NPM % 6.35% 6.10% 5.06% -3.9%
Other Income ₹2 Cr ₹3 Cr ₹6 Cr +26.2%
Depreciation ₹10 Cr ₹24 Cr ₹31 Cr +142.7%
Interest ₹12 Cr ₹30 Cr ₹37 Cr +147.5%
EBIT ₹66 Cr ₹159 Cr ₹141 Cr +140.5%
PBT ₹56 Cr ₹131 Cr ₹109 Cr +133.0%
Tax ₹4 Cr ₹2 Cr ₹5 Cr -49.3%
Net Profit ₹42 Cr ₹99 Cr ₹82 Cr +135.1%
EPS ₹41.84 ₹88.87 ₹73.89 +112.4%
Material Cost ₹243 Cr ₹218 Cr ₹538 Cr -10.4%
Employee Cost ₹9 Cr ₹11 Cr ₹26 Cr +23.0%
Extraordinary Items ₹0 Cr — — —

🏛️ Balance Sheet (latest 3 periods)

Metric Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 81111 +0.0%
Reserves 38150242 +61.3%
Borrowings 96148339 +129.1%
Other Liabilities 70172590 +243.0%
Total Liabilities 2124801,181 +146.0%
Fixed Assets 54110338 +207.3%
CWIP 0211 +450.0%
Investments 1420 -100.0%
Other Assets 143366833 +127.6%
Total Assets 2124801,181 +146.0%

💧 Cash Flow (latest 3 periods)

Metric Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 2-47201 +527.7%
Cash from Investing Activity -21-54-225 -316.7%
Cash from Financing Activity 2011389 -21.2%
Net Cash Flow 01264 +433.3%
Free Cash Flow -6-1147 +106.1%
CFO/OP 13%-47%117% +348.9%

➗ Ratios (latest 3 periods)

Metric Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 476480 +25.0%
Inventory Days ——81 —
Days Payable ——128 —
Cash Conversion Cycle 476433 -48.4%
Working Capital Days 23577 -87.7%
ROCE % —30%36% +20.0%

👥 Shareholding (latest 5 periods)

Metric Mar 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 66.15%66.15%66.15%66.15%66.15% +0.0%
FIIs 0.01%0.09%0.25%0.13%0.32% +146.2%
DIIs 0.79%1.02%0.98%0.81%0.28% -65.4%
Public 33.06%32.75%32.63%32.91%33.25% +1.0%
No. of Shareholders 2,9173,0075,4277,02713,263 +88.7%

⚖️ Peer comparison

Industry: Electric Equipment · top 25 of 41 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 VOLTAMP Voltamp Transformers ₹11,006.00 11,135 35.1 2,274 317 16.0% 14.0% 11.3% -6.1% 28.3% 14.0%
2 TARIL Transformers And Rectifiers ₹291.30 8,744 28.5 2,831 313 16.4% 11.1% 24.2% 25.6% 60.7% 119.9%
3 SPECTRUM Spectrum Electrical ₹3,729.90 6,373 102.0 682 57 15.3% 8.4% 29.9% 77.2% 76.5% 131.9%
4 MARINE Marine Electricals ₹377.45 5,282 82.1 968 66 11.0% 6.8% 14.2% 55.6% 55.2% 45.9%
5 INDOTECH Indo Tech ₹3,323.80 3,530 35.5 846 99 15.1% 11.7% 28.0% 45.3% 39.0% 34.1%
6 WEBELSOLAR Websol Energy ₹75.52 3,279 10.3 1,203 313 37.4% 26.0% 82.1% 94.5% 70.1% 16.1%
7 RELTD Ravindra Energy ₹139.32 2,766 33.7 543 82 24.2% 15.0% 116.6% 265.6% -16.4% 0.0%
8 UEL Ujaas Energy ₹200.99 2,681 n/m 18 4 -19.3% 21.8% -34.7% -64.3% 14.5% 30.8%
9 RISHABH Rishabh Instruments ₹684.55 2,649 32.6 783 82 16.7% 10.5% 7.6% 289.8% 4.4% -3.2%
10 BBL Bharat Bijlee ₹2,246.80 2,540 22.7 2,355 112 6.5% 4.7% 19.5% -10.4% 17.7% -29.9%
11 EXICOM Exicom Tele-Systems ₹162.72 2,263 — 1,278 -265 -6.8% -20.7% 17.7% -584.4% 61.5% 11.4%
12 ALPEXSOLAR Alpex Solar ₹838.95 2,143 10.7 2,346 200 14.1% 8.5% 185.0% 143.4% 32.5% -5.1%
13 HONDAPOWER Honda India ₹1,930.30 1,958 29.7 900 66 9.7% 7.3% 9.1% -20.0% 22.1% 23.3%
14 HPL HPL Electric ₹284.15 1,827 20.0 1,944 92 14.8% 4.7% 6.6% -2.7% 34.5% 1.2%
15 IKIO IKIO Technologies ₹211.58 1,635 34.0 644 51 13.6% 7.9% 22.4% 28.8% 41.1% 452.3%
16 SERVOTECH Servotech Renewable ₹68.95 1,557 39.7 751 35 10.3% 4.7% -0.3% -3.3% 57.8% 77.0%
17 MODISONLTD MODISON ₹445.00 1,444 12.8 980 113 17.5% 11.5% 44.8% 193.8% 92.2% 99.8%
18 IGARASHI Igarashi Motors ₹425.45 1,339 81.7 912 16 9.6% 1.8% 3.3% -49.8% 22.5% 169.6%
19 ICEMAKE Ice Make ₹692.00 1,092 89.6 668 12 6.7% 1.8% 39.4% -47.6% 41.9% -14.3%
20 APS Australian Prem ₹520.15 1,049 18.6 689 56 13.4% 8.1% — — 43.7% 7.7%
21 WEL Wonder Electricals ₹72.50 972 80.6 734 12 4.4% 1.6% -26.8% -52.0% 51.0% 264.7%
22 SWELECTES Swelect Energy ₹608.40 945 22.1 610 44 22.6% 7.2% 5.7% 325.4% -26.2% -63.8%
23 SALZERELEC Salzer Electronics ₹501.30 886 20.3 1,815 44 7.5% 2.4% 24.0% -22.2% 12.9% -51.7%
24 SAHAJSOLAR Sahaj Solar ₹395.90 870 29.4 419 29 12.4% 7.0% — — 32.8% 6.3%
25 SOLEX Solex Energy ₹641.95 693 8.7 1,620 82 10.6% 5.1% 144.5% 135.1% 0.3% -67.0%
❓ Frequently asked questions
What was Solex Energy Limited's revenue in Q1 FY27?
Solex Energy Limited reported revenue of ₹261 crore for the quarter ended June 2026 (Q1 FY27), up 0.3% from ₹260 crore in the same quarter last year, and down 70.6% sequentially over the March 2026 quarter.
What was Solex Energy Limited's net profit in Q1 FY27?
Net profit fell 67.0% year-on-year to ₹8 crore, from ₹25 crore. Earnings per share (EPS) came in at ₹7.39.
What is SOLEX's market capitalisation and P/E ratio?
At the current price of ₹625.10, SOLEX has a market capitalisation of ₹675 crore and a trailing P/E of about 8.2.
Who owns Solex Energy Limited? (shareholding pattern)
As of Sep 2026, promoters held 66.15%, foreign institutional investors (FIIs) 0.32%, domestic institutional investors (DIIs) 0.28%, public shareholders 33.25% of Solex Energy Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI