Is Solex Energy a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Solex Energy Ltd is a average quality company .

Is Solex Energy undervalued or overvalued?

The key valuation ratios of Solex Energy Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Solex Energy share price return in the past 10 years?

Data is not available for this company

Is Solex Energy a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Solex Energy Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Solex Energy Ltd - Stock Valuation and Financial Performance

Name: Solex Energy
Brand: Solex Energy

BSE: 0 | NSE: SOLEX | Electric Equipment | Small Cap

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BSE Share Price
Not Listed

10 Year X-Ray of Solex Energy:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	6.8%	21.7%	37%	42%	34.4%	28.6%	10.9%	4.4%	12%	17.9%	-
Value Creation Index ⓘ	-0.5	0.6	1.7	2.0	1.5	1.1	-0.2	-0.7	-0.1	0.3	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	6.4	46.4	34.1	101	149	138	79.6	71.9	162	366	366
Sales YoY Gr.	-	628.8%	-26.4%	196.7%	47.2%	-7.4%	-42.3%	-9.7%	124.9%	126.3%	-
Adj EPS ⓘ	0.6	1.2	1.7	5.1	7.9	7.1	2.6	1	2.6	8.3	8.1
YoY Gr.	-	106.9%	37.5%	209.1%	54.9%	-9.9%	-63.6%	-62.9%	172.9%	216%	-
BVPS (₹) ⓘ	5.6	6.6	8.1	22	29.1	35.9	38.2	35	37.6	46.2	112.3
Adj Net Profit ⓘ	0.1	0.4	0.7	3.2	4.9	4.4	1.6	1	2.6	8.3	9
Cash Flow from Ops. ⓘ	-2	1.4	1.2	-3.8	5	2.1	2.5	3.9	-6.2	1.7	-
Debt/CF from Ops. ⓘ	-1.9	2.8	1	-1.6	1.3	2.4	4.9	5.1	-10.7	56.4	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	56.9%	19.7%	66.3%	126.3%
Adj EPS ⓘ	34.4%	0.9%	47.3%	216%
BVPSⓘ	26.5%	9.7%	6.6%	22.9%
Share Price	-	123.3%	219%	212.5%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	10.4	25	26.3	36.6	30.9	21.9	7	3.3	7.2	19.7	10.2
Op. Profit Mgn % ⓘ	5.3	2.5	5.9	5.6	5.3	5.3	4.2	2.6	7	7.8	NAN
Net Profit Mgn % ⓘ	1.5	0.8	2.2	3.1	3.3	3.2	2	1.3	1.6	2.3	2.4
Debt to Equity ⓘ	4.2	2	0.3	0.5	0.4	0.2	0.5	0.6	1.8	2.1	-
Working Cap Days ⓘ	0	80	181	131	149	185	326	305	149	113	0
Cash Conv. Cycle ⓘ	0	27	61	45	38	50	120	129	62	46	0

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 10.20%

Sales growth is growing at healthy rate in last 3 years 66.26%

Net Profit is growing at healthy rate in last 3 years 47.31%

Debt to equity has increased versus last 3 years average to 2.08

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Solex Energy Ltd.

	Standalone	Consolidated
TTM EPS (₹)	8.1	-
TTM Sales (₹ Cr.)	366	-
BVPS (₹.) ⓘ	112.3	-
Reserves (₹ Cr.) ⓘ	111	-
P/BV ⓘ	13.58	-
PE ⓘ	188.60	-

From the Market
52 Week Low / High (₹)	0.00 / 0.00
All Time Low / High (₹)	- / -
Market Cap (₹ Cr.)	1,647
Equity (₹ Cr.)	10.8
Face Value (₹)	10
Industry PE ⓘ	89.8

Management X-Ray of Solex Energy:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

42.59

0.00

26.22

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Solex Energy

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Solex Energy

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	6	46	34	101	149	138	80	72	162	366
Operating Expenses ⓘ	6	45	32	96	141	131	76	70	150	338
Manufacturing Costs	0	1	1	1	8	9	11	5	4	12
Material Costs	6	44	30	90	129	116	59	61	133	298
Employee Cost	0	0	1	1	1	1	2	2	6	13
Other Costs ⓘ	0	1	1	3	3	4	5	3	8	14
Operating Profit ⓘ	0	1	2	6	8	7	3	2	11	28
Operating Profit Margin (%)	5.3%	2.4%	5.9%	5.6%	5.3%	5.3%	4.2%	2.6%	7.0%	7.8%
Other Income ⓘ	0	0	0	0	0	0	0	0	3	2
Interest ⓘ	0	1	1	1	1	1	1	1	6	11
Depreciation ⓘ	0	0	0	1	1	0	0	0	5	8
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	0	1	1	4	7	6	2	1	4	12
Tax ⓘ	0	0	0	1	2	2	1	0	1	3
Profit After Tax	0	0	1	3	5	4	2	1	3	9
PAT Margin (%)	1.5%	0.8%	2.7%	3.1%	3.3%	3.2%	2.1%	1.4%	1.7%	2.4%
Adjusted EPS (₹)	0.6	1.2	2.1	5.1	8.1	7.2	2.7	1.0	2.7	8.7
Dividend Payout Ratio (%)	0%	0%	0%	16%	5%	6%	9%	12%	4%	5%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	1	2	4	14	18	22	24	35	38	46
Share Capital ⓘ	1	2	2	5	5	5	5	8	8	8
Reserves ⓘ	0	0	1	9	13	17	19	27	30	38
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	4	4	1	6	6	5	11	19	60	87
Long Term Debt	0	1	1	0	0	0	1	13	45	47
Short Term Debt	3	3	1	6	6	5	10	6	15	40
Trade Payables	1	7	11	27	42	35	32	13	28	49
Others Liabilities ⓘ	3	1	9	5	7	8	9	6	16	29
Total Liabilities ⓘ	9	15	25	52	73	71	76	73	141	212
Fixed Assets
Gross Block	0	2	2	2	3	3	3	3	62	70
Accumulated Depreciation	0	0	1	1	2	2	2	3	7	16
Net Fixed Assetsⓘ	0	2	2	1	1	1	1	1	55	54
CWIP ⓘ	0	0	0	0	0	0	0	24	1	0
Investmentsⓘ	0	0	0	0	0	0	0	0	1	15
Inventories	1	0	3	7	6	5	8	14	30	66
Trade Receivables	5	10	17	38	56	56	56	21	30	47
Cash Equivalents	0	1	2	0	1	1	2	0	0	0
Others Assetsⓘ	2	2	2	6	9	8	9	13	24	29
Total Assets ⓘ	9	15	25	52	73	71	76	73	141	212

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-2	1	1	-4	5	2	2	4	-6	2
PBT ⓘ	0	1	1	4	7	6	2	1	4	12
Adjustment ⓘ	0	0	1	1	1	1	1	1	10	19
Changes in Working Capital ⓘ	-2	0	-1	-8	-1	-4	-0	2	-19	-26
Tax Paid ⓘ	0	0	0	-1	-2	-2	-1	0	-1	-2
Cash Flow From Investing Activity ⓘ	-2	-1	0	-3	-3	-1	-1	-27	-35	-21
Capex	0	-1	0	0	-1	0	0	-24	-35	-8
Net Investments	0	0	0	0	0	0	0	0	0	-14
Others ⓘ	-2	1	0	-3	-2	0	-1	-3	0	0
Cash Flow From Financing Activityⓘ	4	0	0	6	-2	-2	0	22	41	20
Net Proceeds from Shares ⓘ	1	1	1	7	0	0	0	11	0	0
Net Proceeds from Borrowing ⓘ	0	1	0	0	0	0	0	0	32	2
Interest Paid ⓘ	0	0	-1	-1	-1	-1	-1	-1	-6	-11
Dividend Paid ⓘ	0	0	0	0	-1	0	0	0	0	0
Others ⓘ	3	-1	0	0	0	0	1	12	15	28
Net Cash Flow ⓘ	0	1	1	-1	0	0	1	-2	0	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	10.41	25.13	32.71	36.76	31.51	22.19	7.33	3.37	7.46	20.83
ROCE (%)	6.83	21.65	37.04	42.02	34.35	28.63	10.93	4.39	11.98	17.93
Asset Turnover Ratio	0.74	3.98	1.73	2.63	2.39	1.92	1.09	0.97	1.51	2.07
PAT to CFO Conversion(x)	N/A	N/A	1	-1.33	1	0.5	1	4	-2	0.22
Working Capital Days
Receivable Days	278	57	141	99	115	147	255	194	58	38
Inventory Days	61	6	17	18	16	14	30	56	50	48
Payable Days	91	37	111	77	98	121	210	134	56	47

Solex Energy Ltd Stock News

Solex Energy Ltd FAQs

What is the share price of Solex Energy?

Company share prices are keep on changing according to the market conditions. The closing price of Solex Energy on 01-Jan-1970 05:30 is ₹0.00.

What is the market cap of Solex Energy?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Solex Energy stood at ₹1,647.4.