# Solex Energy share price today (Solex Energy Ltd, NSE: SOLEX)

> Solex Energy share price today: ₹580.45 at the NSE close on 3 November 2026, down 64.6% in a year. Solex Energy (NSE: SOLEX) is worth ₹627 crore, trades at a P/E of 7.9 and has closed between ₹533.00 and ₹1,914.20 over the past 52 weeks. > Solex Energy Ltd's P/E is near the low end of its own history, higher than only 1% of past readings, and its quarterly results are still getting worse. SOLEX · Capital Goods - Solar · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/solex-energy-ltd

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## Key numbers

- Price: ₹580.45 (−64.6% in a year)
- P/E: 7.9× (lower than 99% of the last 3.4 years)
- Revenue (Jun 2026): ₹261 Cr (+0.5% on a year ago)
- Profit (Jun 2026): ₹8.3 Cr (−66.6% on a year ago)
- Operating margin: 11.1% (−4.8 points on a year ago)
- ROCE: 35%, FY26
- ROIC: 21.2%, against a 12.0% cost of capital: +9.2 points
- Profit that came in as cash: 109%, last 3 years

The main question: yearly earnings per share moved +131.6% while the share price moved −64.6%. ## What is the Solex Energy share price today? Solex Energy Ltd's share price was ₹580.45 at the close on 3 November 2026. It has been falling for 18 weeks. That is 38.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹533 and ₹1,914, and at that close it sat 3% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 22 weeks running. Over the last 8.7 years the share price moved +1,447% while the NIFTY 500 moved +135%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 19 June 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Solex Energy this quarter? 1. Number of shareholders up 341% in a year 13,263 shareholders in the September 2026 quarter, against 3,007 a year earlier. 3. Indian funds and insurers (DIIs) cut their stake for 4 quarters in a row From 1% to 0.3% of the company by the September 2026 quarter. ## What are Solex Energy's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Solex Energy reported revenue of ₹261 crore, up 0.5% from ₹260 crore a year earlier, and a profit of ₹8.25 crore, down 66.6% from ₹24.7 crore. ### Solex Energy results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹261 crore | ₹260 crore | +0.5% |
| Profit | ₹8.25 crore | ₹24.7 crore | −66.6% |
| Earnings per share | ₹7.39 | ₹22.37 | −67.0% |
| Operating margin | 11.1% | 15.9% | −4.8 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Solex Energy's management discussed these results on a call held on 28 September 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Solex Energy share price history? Solex Energy closed at ₹580.45 on 3 November 2026, down 64.6% from ₹1,641.20 a year earlier (31 October 2025) and up 1,443.8% over five years. Its highest weekly close since February 2018 was ₹1,914.20 on 21 November 2025. ### Solex Energy share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹533.00 | +8.9% |
| 1 month ago · 1 Oct 2026 | ₹670.95 | −13.5% |
| 6 months ago · 30 Apr 2026 | ₹1,288.50 | −55.0% |
| 1 year ago · 31 Oct 2025 | ₹1,641.20 | −64.6% |
| 3 years ago · 3 Nov 2023 | ₹461.52 | +25.8% |
| 5 years ago · 9 Nov 2021 | ₹37.60 | +1,443.8% |
| Earliest weekly close in our records · 9 Feb 2018 | ₹37.52 | +1,447.0% |
| Highest weekly close since February 2018, also the 52-week high · 21 Nov 2025 | ₹1,914.20 | −69.7% |
| Lowest weekly close since February 2018 · 31 Mar 2020 | ₹15.68 | +3,601.8% |
| 52-week low (weekly close) · 23 Oct 2026 | ₹533.00 | +8.9% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (407 weekly closes from 9 February 2018 to 3 November 2026.)

## What is the latest news on Solex Energy? 3 Nov 2026: Solex Energy closed at ₹580.45, up 8.9% on the week and down 13.5% on the month. 28 Sep 2026: Solex Energy held its results call for April to June 2026. Management guided: Current financial-year revenue goal ₹2,200-2,400 crore, with H2 expected to recover margins and turnover after a sluggish H1. ### Earlier

- 15 Sep 2026: ex-date for a dividend of ₹0.55 a share. - Results for April to June 2026: Revenue up 0.5% and profit down 66.6% on a year earlier. ## What dividend does Solex Energy pay? Solex Energy paid ₹0.55 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.09% at the ₹580.45 close on 3 November 2026. The last was a dividend of ₹0.55 a share, ex-date 15 September 2026. ### Solex Energy dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 15 Sep 2026 | ₹0.55 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 0 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Solex Energy Ltd paid out 1% of its profit as dividends in FY26, and it paid a dividend in 3 of its last 4 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Solex Energy management say on the latest results call? On the call for April to June 2026, held on 28 September 2026, Solex Energy's management guided: Current financial-year revenue goal ₹2,200-2,400 crore, with H2 expected to recover margins and turnover after a sluggish H1. > “I believe we will be able to ramp up within 3 months while meeting Chinese standards and the requirements of IPPs.”
> Vipul Shah, on the call for April to June 2026

### What management guided

- Cell-line project cost ₹1,050 crore: ₹350 crore through CCD/NCD and ₹700 crore term debt application. - First-phase cell line of 2.2 GW planned for approval by December 2027; ramp-up to Chinese and IPP standards expected within 3 months. - By 2030, vision spans 4 GW modules, 10 GW cells, 5 GW ingot, 2 GW wafer and 10 GW BESS. - Orders through March described as non-DCR; DCR market planned from April, with approximately 1 GW cell tie-up completed and another 750 MW near finalisation. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/32412-28-Sep-2026.pdf). (From the call for April to June 2026, 28 September 2026.)

## What to watch in Solex Energy's next results? When Solex Energy reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Next-quarter revenue run-rate and margin recovery - test whether ALMM delays are clearing into reported turnover. - What to check (from the call)
- Next-quarter revenue run-rate and margin recovery - test whether ALMM delays are clearing into reported turnover. - Advanced order stages converting to purchase orders and advances - check dispatch visibility and order conversion. - Cell-line financing and site readiness - verify signed arrangements progressing toward commissioning. - BESS exhibition disclosure and OEM launch - check partner identity, product scope and separate funding progress. ## Which stock lists is Solex Energy on? Solex Energy is on 2 of our India lists: 52 week high & low and Power & green energy stocks. - [52 week high & low 52-week position: Near 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)
- [Power & green energy stocks Group on the list: Solar and wind equipment makers](https://www.sectoralpha.in/sectors/power-stocks-india)

## Is Solex Energy profitable? Solex Energy Ltd earned ₹8.3 Cr of net profit in the Jun 2026 quarter, −66.6% on the same quarter a year earlier. Full-year FY26 profit was ₹98.0 Cr. Over 3 years profit has grown 219.7% a year on average. That is 3.2% of the quarter's revenue. The same quarter a year earlier earned ₹24.7 Cr. For the full year, FY26 profit was ₹98.0 Cr (+133.3% on the year before). Why profit moved: revenue changed +0.5% on a year earlier and the margin moved −4.8 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +37.4% and revenue +100.6%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Solex Energy make, and is it growing? Solex Energy Ltd reported ₹261 Cr of revenue in the Jun 2026 quarter, +0.5% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 3 years it has grown 115.4% a year on average. The last full year, FY26, came in at ₹1,618 Cr. The last four reported quarters add to ₹1,619 Cr. FY26 revenue was ₹1,618 Cr, +144.4% on the year before. Recent pace: the last four quarters grew +100.6% on average, against 115.4% a year over the longer run, so this year is growing slower than its own long-run rate. ## How much of every ₹100 of sales does Solex Energy keep? Solex Energy Ltd's operating margin was 11.1% in the Jun 2026 quarter, 4.8 percentage points lower than the same quarter a year ago. Across 4 years it has been between 7.0% and 12.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −4.8 percentage points on the year while gross margin changed +2.9 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Solex Energy's profit turning into cash? Over the last 3 years, 109% of Solex Energy Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹201 Cr of operating cash against ₹98.0 Cr of profit. After ₹237 Cr of spending on assets, free cash was −₹36.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 109% of profit came in as cash: the cash cycle got 33 days longer between FY24 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 9.4× depreciation over three years. The next section checks what that spending is building. ## Where does Solex Energy's cash go? Solex Energy Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 80 days in FY26, up from 47 days in FY24. It spent ₹330 Cr on assets over the last 2 years. Customers take 80 days to pay, and stock sits for 81 days on average. At FY26 sales of ₹1,618 Cr, each day of that cycle ties up about ₹4.4 Cr, so roughly ₹355 Cr is tied up in the business at any time. FY26: customers took 80 days to pay and stock sat for 81 days, about 2.7 months of sales sitting as stock, for a full cycle of 80 days, longer than FY24's 47. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 81 days. Customers pay about 80 days after that. Suppliers are paid at 128 days. Together that makes the 80-day cycle. Spending on assets: ₹330 Cr over the last 2 years, against ₹35.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹11.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Solex Energy's P/E ratio, and how does it compare with its own history? Solex Energy Ltd's P/E is 7.9×, about the lowest it has ever been. Its usual P/E (the middle reading) is 45.2×, over 3.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +131.6% while the price moved −64.6%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved +7.9% a year; about +200.5% a year came from earnings growth and about −192.6 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Solex Energy business getting better or worse? Solex Energy Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 5 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Solex Energy earn on its capital? Solex Energy Ltd earned a ROCE of 35% in FY26. Its return on capital used (ROIC) is 9.2 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 6.1% net margin and 1.37× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 6.1% net margin × 1.37× asset turnover × 4.67× leverage (assets divided by equity) ≈ 39.0% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 21.2% − 12.0% = +9.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. The 21.2% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 28.5%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Solex Energy have too much debt? Solex Energy Ltd has total debt of ₹339 Cr against shareholder equity of ₹256 Cr as of Jun 2026, so its debt is 1.32× its equity. Year by year, that ratio went from 0.54 in FY22 to 1.32 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Solex Energy shareholding pattern? Promoters cut their stake in Solex Energy Ltd by 4.5 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 66.2% of the company. Foreign institutions moved +0.3 points over the same period, to 0.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Why the owners changed: promoters drove it (−4.5 points). They reduced their stake. ## How far is Solex Energy from balance-sheet trouble? For Solex Energy Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Solex Energy rank in its industry? 48.2 out of 100, rank 5 of 7 in Capital Goods - Solar, with 64% of the evidence available. Solex Energy Ltd scores 48.2 out of 100 against the 7 companies it is compared with in Capital Goods - Solar, ranking 5. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 15.5 + 13.7 + 11.5 + 7.5 = 48.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Solex Energy compared with? Solex Energy ranks 5 of 7 Capital Goods - Solar companies on the 4-Factor Sector Score, with 48.2 out of 100. 1. [Premier Energies Ltd](https://www.sectoralpha.in/stocks/premier-energies-ltd) PREMIERENE · basing · Most evidence points up · 89% evidence 69.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.8/35 · Revenue 26.7% · Profit 59.9% · Operating margin change -1 points · 88% evidence Capital efficiency 15.1/25 · ROCE 32.7% · Operating margin 29% · 100% evidence Valuation 13.5/20 · P/E 23.9× · PEG 0.58 · 65% evidence Relative strength 18.9/20 · Lead over its industry 29.9% · Lead over NIFTY 500 -1.3% · 1 year -19.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21.8 + 15.1 + 13.5 + 18.9 = 69.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Waaree Energies Ltd](https://www.sectoralpha.in/stocks/waaree-energies-ltd) WAAREEENER · basing · Most evidence points up · 75% evidence 66.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.8/35 · Revenue 75.4% · Profit 38.4% · Operating margin change -5 points · 95% evidence Capital efficiency 18.1/25 · ROCE 38.4% · Operating margin 18% · 76% evidence Valuation 9.1/20 · P/E 17× · PEG n/a · 15% evidence Relative strength 17.4/20 · Lead over its industry 11.3% · Lead over NIFTY 500 -15.8% · 1 year -32.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21.8 + 18.1 + 9.1 + 17.4 = 66.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Websol Energy System Ltd](https://www.sectoralpha.in/stocks/websol-energy-system-ltd) WEBELSOLAR · basing · Evidence leans up · 79% evidence 57.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.2/35 · Revenue 76.1% · Profit 57.3% · Operating margin change -13 points · 88% evidence Capital efficiency 19.3/25 · ROCE 63.2% · Operating margin 34% · 100% evidence Valuation 10.3/20 · P/E 9.1× · PEG n/a · 15% evidence Relative strength 10.6/20 · Lead over its industry 5.4% · Lead over NIFTY 500 -21.4% · 1 year -46.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 17.2 + 19.3 + 10.3 + 10.6 = 57.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Vikram Solar Ltd](https://www.sectoralpha.in/stocks/vikram-solar-ltd) VIKRAMSOLR · quiet · Evidence leans down · 74% evidence 48.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.2/35 · Revenue 33.2% · Profit 42.4% · Operating margin change -13 points · 88% evidence Capital efficiency 12.7/25 · ROCE 30.6% · Operating margin 8% · 100% evidence Valuation 14.7/20 · P/E 12.6× · PEG 0.51 · 65% evidence Relative strength 8.3/20 · Lead over its industry n/a · Lead over NIFTY 500 -34.5% · 1 year -61.6% · 25% evidence · 0 of 12 weeks ahead Exact sum: 13.2 + 12.7 + 14.7 + 8.3 = 48.9 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 5. Solex Energy Ltd this page SOLEX · quiet · Evidence leans down · 64% evidence 48.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.5/35 · Revenue 100% · Profit 30% · Operating margin change -4.8 points · 88% evidence Capital efficiency 13.7/25 · ROCE 34.9% · Operating margin 11.1% · 100% evidence Valuation 11.5/20 · P/E 7.3× · PEG n/a · 15% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -47.2% · 1 year -67.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 15.5 + 13.7 + 11.5 + 7.5 = 48.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Australian Premium Solar (India) Ltd](https://www.sectoralpha.in/stocks/australian-premium-solar-indialtd) APS · Too little evidence to rank firmly · 22% evidence 56.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.8/43.75 · Revenue n/a · Profit n/a · Operating margin change -1 points · 15% evidence Capital efficiency 21.3/31.25 · ROCE 56.5% · Operating margin 13% · 57% evidence Valuation 13.6/25 · P/E 8.2× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 21.8 + 21.3 + 13.6 = 56.7 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 7. [Bright Solar Ltd](https://www.sectoralpha.in/stocks/bright-solar-ltd) BRIGHT · Too little evidence to rank firmly · 25% evidence 38.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.0/43.75 · Revenue -62.5% · Profit 61.3% · Operating margin change -27.9 points · 19% evidence Capital efficiency 3.9/31.25 · ROCE 0% · Operating margin -57.7% · 75% evidence Valuation 12.5/25 · P/E n/a · PEG n/a · 0% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 22 + 3.9 + 12.5 = 38.4 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Capital Goods - Solar](https://www.sectoralpha.in/sectors/capital-goods-solar), all 7 compared on one page. ## Which companies are close to Solex Energy in size? Solex Energy is the 5th largest of 7 Capital Goods - Solar companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Waaree Energies, Premier Energies, Vikram Solar and Websol Energy System. Just below it: Australian Premium Solar (India) and Bright Solar. ### Capital Goods - Solar companies close in size

1. [Waaree Energies Ltd](https://www.sectoralpha.in/stocks/waaree-energies-ltd) ₹66,275 crore
2. [Premier Energies Ltd](https://www.sectoralpha.in/stocks/premier-energies-ltd) ₹39,766 crore
3. [Vikram Solar Ltd](https://www.sectoralpha.in/stocks/vikram-solar-ltd) ₹4,540 crore
4. [Websol Energy System Ltd](https://www.sectoralpha.in/stocks/websol-energy-system-ltd) ₹2,849 crore
5. Solex Energy Ltd ₹580 crore
6. [Australian Premium Solar (India) Ltd](https://www.sectoralpha.in/stocks/australian-premium-solar-indialtd) ₹474 crore
7. [Bright Solar Ltd](https://www.sectoralpha.in/stocks/bright-solar-ltd) ₹7 crore

[All 7 Capital Goods - Solar companies, largest first](https://www.sectoralpha.in/sectors/capital-goods-solar#all-companies)

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3. Solex Energy Ltd ₹580 crore
4. [Aerpace Industries Ltd](https://www.sectoralpha.in/stocks/aerpace-industries-ltd) ₹579 crore · Trading
5. [Kellton Tech Solutions Ltd](https://www.sectoralpha.in/stocks/kellton-tech-solutions-ltd) ₹579 crore · IT - Software

## What else do people ask about Solex Energy? ### What is Solex Energy's share price today? Solex Energy Ltd's share price is ₹580.45, −64.6% over the past year. The whole company is worth ₹627 Cr on the market. In the last 52 weeks it traded between ₹533 to ₹1,914; today it is 3% of the way up from the low, 38.8% below its 200-day average (as of 3 November 2026). ### What were Solex Energy's latest quarterly results? Solex Energy Ltd reported revenue of ₹261 Cr and net profit of ₹8.3 Cr for the Jun 2026 quarter. Revenue rose 0.5% and profit fell 66.6% compared with a year earlier. Earnings per share were ₹7.39. The operating margin was 11.1%, 4.8 percentage points lower than a year earlier (as of 3 November 2026). ### What is Solex Energy's market cap? Solex Energy Ltd's market capitalisation is ₹627 Cr at a share price of ₹580.45. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Solex Energy performing? Solex Energy Ltd's share price has been falling for 18 weeks. In its latest quarter, revenue rose 0.5% and profit fell 66.6% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 22 weeks running (as of 3 November 2026). ### Will Solex Energy's share price go up? This page does not forecast Solex Energy Ltd's share price. What it shows instead: the share price is ₹580.45, and it has been falling for 18 weeks. Its P/E of 7.9× is higher than 1% of its own last 3 years (as of 3 November 2026). ### Does Solex Energy have too much debt? Yes, Solex Energy Ltd has a lot of debt: its debt is 1.34× its equity, and its operating profit is 6 times its interest bill. FY26 borrowings were ₹339 Cr against equity of ₹253 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Solex Energy in its business cycle? Solex Energy Ltd's FY26 operating margin was 11.0%, against a 4-year range of 7.0% to 12.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 11.1%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Solex Energy story? The main question: yearly earnings per share moved +131.6% while the share price moved −64.6%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Solex Energy a stock worth studying right now? What the numbers show: Solex Energy Ltd's P/E is near the low end of its own history, higher than only 1% of past readings, and its quarterly results are still getting worse. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Solex Energy share price forecast for 2026? What management itself guided: Current financial-year revenue goal ₹2,200-2,400 crore, with H2 expected to recover margins and turnover after a sluggish H1. ## Lists

- 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india
- Power & green energy stocks: https://www.sectoralpha.in/sectors/power-stocks-india

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