Solex Energy share price
NSE: SOLEXITSolar
Solex Energy at a glance
Solex Energy (NSE: SOLEX) closed at ₹566.30 on 22 Oct 2026, down 1.82% on the day. With a market capitalisation of ₹612 Cr, it ranks 1694th by market cap among the 4,183 NSE companies Pivot tracks (a small-cap company by SEBI's rank bands). It belongs to the IT sector; its industry is Solar.
At its last close the stock traded at 6.4× trailing earnings, against a return on equity of 38.0% in FY26. Over the past year the share price has fallen 60.7%. Its 52-week range is ₹552.60 (22 Oct 2026) to ₹1,985.00 (21 Nov 2025); the last close is 71.5% below the high. In Q4 FY26, the quarter ended 31 Mar 2026, revenue was ₹886 Cr (+248.0% year on year) and net profit ₹59 Cr (+273.7%), on a consolidated basis. Promoters held 66.15% of the company as of 30 Jun 2026.
Key numbers
- Market cap
- ₹612 CrRank 1694 on NSE
- P/E (trailing)
- 6.4×
- Price to book
- 3.93×FY26
- EPS (TTM)
- ₹88.88to Q4 FY26
- ROE
- 38.0%FY26
- ROCE
- 31.7%FY26
- Debt to equity
- 1.06FY26
- Net profit margin
- 6.1%FY26
- Book value / share
- ₹234.17FY26
- 52-week high
- ₹1,985.0021 Nov 2025
- 52-week low
- ₹552.6022 Oct 2026
- 1-year return
- −60.7%
- RSI (14-day)
- 23.3
Returns to 22 Oct 2026
| Period | 1 day | 1 week | 1 month | 3 months | 1 year |
|---|---|---|---|---|---|
| Price change | −1.82% | −11.5% | −18.5% | −40.7% | −60.7% |
Solex Energy quarterly results
| Quarter | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹141 Cr | ₹132 Cr | ₹135 Cr | ₹254 Cr | ₹260 Cr | ₹155 Cr | ₹318 Cr | ₹886 Cr |
| Revenue YoY | — | — | — | — | +83.7% | +17.7% | +136.1% | +248.0% |
| Net profit | ₹4 Cr | ₹9 Cr | ₹14 Cr | ₹16 Cr | ₹25 Cr | ₹6 Cr | ₹9 Cr | ₹59 Cr |
| Net profit YoY | — | — | — | — | +527.2% | −36.3% | −36.7% | +273.7% |
| Net margin | 2.8% | 6.9% | 10.4% | 6.2% | 9.5% | 3.7% | 2.8% | 6.7% |
| EPS | ₹4.70 | ₹8.81 | ₹13.01 | ₹14.59 | ₹22.37 | ₹4.83 | ₹8.07 | ₹53.61 |
Solex Energy financials
| Item | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹366 Cr | ₹662 Cr | — |
| Operating profit | ₹12 Cr | ₹57 Cr | — |
| Net profit | ₹9 Cr | ₹43 Cr | — |
| EPS (₹) | ₹11.00 | ₹44.00 | — |
| Cash from operations | ₹2 Cr | −₹47 Cr | — |
| Total debt | ₹47 Cr | ₹69 Cr | ₹193 Cr |
| Shareholders' equity | ₹46 Cr | ₹161 Cr | ₹253 Cr |
Solex Energy shareholding pattern
| Holder | 30 Sep 2024 | 31 Mar 2025 | 30 Sep 2025 | 31 Dec 2025 | 31 Mar 2026 | 30 Jun 2026 |
|---|---|---|---|---|---|---|
| Promoters | 66.15% | 66.15% | 66.15% | 66.15% | 66.15% | 66.15% |
| Foreign institutions | 0.03% | 0.01% | 0.09% | 0.25% | 0.13% | 0.07% |
| Domestic institutions | 0.89% | 0.79% | 1.02% | 0.98% | 0.81% | 0.51% |
| Non-institutions | 32.94% | 33.06% | 32.75% | 32.63% | 32.91% | 33.26% |
Solex Energy vs peers
The listed IT companies nearest to Solex Energy by market capitalisation.
| Company | Price | 1 day | 1 year | Market cap | P/E | ROE |
|---|---|---|---|---|---|---|
| XCHANGINGXchanging Solutions | ₹57.12 | −1.18% | −30.3% | ₹636 Cr | 10.7 | — |
| SOLEXSolex Energy | ₹566.30 | −1.82% | −60.7% | ₹612 Cr | 6.4 | — |
| KELLTONTECKellton Tech Solutions | ₹11.39 | −0.70% | −50.3% | ₹601 Cr | 6.4 | — |
| VAKRANGEEVakrangee | ₹5.54 | 0.00% | −31.5% | ₹600 Cr | 55.4 | — |
| INNOVANAInnovana Thinklabs | ₹290.00 | −3.91% | −40.8% | ₹599 Cr | 16.3 | — |
| KSOLVESKsolves India | ₹247.99 | +1.22% | −20.9% | ₹588 Cr | 17.1 | — |
| SOFTTECHSofttech Engineers | ₹413.55 | −0.84% | +11.0% | ₹572 Cr | 116.8 | — |
Ask anything about Solex Energy
Pivot answers on the live chart with evidence you can check, and tests strategies against SOLEX's own history. Try: “Why has SOLEX moved over the last three months?” · “Backtest a 50-day moving-average crossover on SOLEX over five years” · “Compare SOLEX with XCHANGING on margins and valuation”
Frequently asked questions about Solex Energy
What is the share price of Solex Energy today?
Solex Energy (NSE: SOLEX) last closed at ₹566.30 on 22 Oct 2026. Its 52-week high is ₹1,985.00 and its 52-week low is ₹552.60.
What is the market cap of Solex Energy?
Solex Energy's market capitalisation is ₹612 Cr (₹612 Cr) at the 22 Oct 2026 close, ranking 1694th among the NSE companies Pivot tracks.
What is the P/E ratio of Solex Energy?
Solex Energy trades at a trailing P/E of 6.4. The median P/E of the 6 closest IT peers by market cap is 17.1.
What is the ROE and ROCE of Solex Energy?
Return on equity was 38.0% in FY26 and return on capital employed was 31.7% in FY26 (consolidated figures).
Is Solex Energy a debt-free company?
No. Solex Energy's debt-to-equity ratio was 1.06 in FY26, with total debt of ₹193 Cr.
What were Solex Energy's latest quarterly results?
For Q4 FY26 (quarter ended 31 Mar 2026), Solex Energy reported revenue of ₹886 Cr, +248.0% year on year, and net profit of ₹59 Cr, +273.7% year on year.
How has Solex Energy stock performed over the last year?
Solex Energy's share price has fallen 60.7% over the past year, −40.7% over three months and −18.5% over one month, to the 22 Oct 2026 close.
What is the shareholding pattern of Solex Energy?
As of 30 Jun 2026: promoters 66.15%, foreign institutions 0.07%, domestic institutions 0.51%, non-institutions 33.26%.
Who are Solex Energy's competitors?
The listed IT companies closest to Solex Energy by market cap are Xchanging Solutions, Kellton Tech Solutions, Vakrangee, Innovana Thinklabs, Ksolves India and Softtech Engineers.
Is Solex Energy a good stock to buy?
Pivot does not give buy or sell recommendations. This page sets out Solex Energy's price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on SOLEX against its own history before risking money. This is analysis, not financial advice.
Sources and method
Prices: NSE daily closes to 22 Oct 2026 (returns and ratios at the 22 Oct 2026 close). Fundamentals: company filings via Moneycontrol, consolidated where available. Shareholding: exchange shareholding-pattern filings. The 52-week range uses intraday highs and lows; the chart marks closing prices. P/E is the last close over trailing twelve-month EPS. Market-cap rank is among the 4,183 NSE companies Pivot tracks; SEBI's bands call the top 100 large-cap and the next 150 mid-cap. Figures marked “—” are not available rather than zero. This is analysis, not financial advice.
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