Solex Energy Ltd.
NSE: SOLEX · Automobile & Ancillaries
Sector
Automobile & Ancillaries
Size band
Small cap
Market cap
1,140cr
P/E
28.8
ROE
38.7%
Dividend yield
0.1%
No price is shown on this page, live or delayed. It records what management said on the earnings call, and the company’s filings.
Measured against
Peer set
Auto Ancillaries · largest 12 of 34 measured at Q1 FY27 · financials via Screener| Company | Operating margin | Revenue growth |
|---|---|---|
| Bosch Ltd. | 14.0% | 22.0% |
| Motherson Sumi Wiring India Ltd. | 8.0% | 36.6% |
| JBM Auto Ltd. | 11.0% | 15.0% |
| Gabriel India Ltd. | 9.0% | 15.6% |
| OLA Electric Mobility Ltd. | −36.0% | −45.0% |
| ASK Automotive Ltd. | 12.0% | 52.4% |
| Varroc Engineering Ltd. | 8.0% | 29.9% |
| Diamond Power Infrastructure Ltd. | 11.0% | 128.5% |
| Pricol Ltd. | 11.0% | 23.5% |
| LG Balakrishnan & Bros Ltd. | 13.0% | 21.6% |
| SJS Enterprises Ltd. | 29.0% | 24.3% |
| Solex Energy Ltd. | 11.1% | 0.5% |
What management said
6 statements on recordEarnings call · Q1 FY27 · 21 Aug 2026
- PAT margin→5% to 6%· FY27
“We remain aligned with the FY27 revenue guidance and PAT margin in the range of 5% to 6%.”
- Average capacity utilization→around 55% across the year· FY27
“For FY27, we are working with an average utilization assumption of around 55% across the year.”
- Cell line commissioning→2.2 GW N-type TOPCon+ cell line· by end of calendar year 2027
“The 2.2 GW N-type TOPCon+ cell line, which is the first phase of our planned 5 GW cell capacity, is on track for commissioning by end of calendar year 2027.”
- Cell line capex→INR1,050 crore for the 2.2 gigawatt of cell line
“You can consider INR1,050 crore for the 2.2 gigawatt of cell line, that is the immediate expansion plan.”
- Cell project funding mix→INR700 crore debt and INR350 crore equity / margin
“At present, INR1,050 crore, out of which INR700 crore from the principal lenders and INR350 crore will be our margin.”
- EPC business revenue and margin→INR100 crore, INR150 crore; margin around 10% to 12%
“Like we have a target of almost around INR100 crore, INR150 crore coming from the EPC business andmargin, I think it's around 10% to 12%.”
Taken from management commentary on the company’s earnings call and quoted verbatim. These are statements of intent made by the company, not forecasts by Bharatstox, and nothing here records whether they were met.
No broadcast calls recorded.
We log calls made about a company on business television — Zee Business, CNBC Awaaz and NDTV Profit — as they are stated on air. Nothing is on record for Solex Energy Ltd..
Shareholding
change across 4 filings| Category | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Change |
|---|---|---|---|---|---|
| Promoters | 66.2 | 66.2 | 66.2 | 66.2 | 0.0 |
| Foreign institutions | 0.3 | 0.1 | 0.1 | 0.3 | 0.0 |
| Domestic institutions | 0.3 | 0.5 | 0.8 | 1.0 | −0.7 |
| Retail & others | 33.3 | 33.3 | 32.9 | 32.6 | +0.7 |
As filed with the exchange for the periods ending Dec 25 to Sep 26.
Filings
latest 25 of 237- Rescission/termination(s)16 Oct 2026
- Certificate under SEBI (Depositories and Participants) Regulations, 201813 Oct 2026
- Press Release6 Oct 2026
- Bagging/Receiving of orders/contracts6 Oct 2026
- Bagging/Receiving of orders/contracts5 Oct 2026
- Press Release5 Oct 2026
- Trading Window28 Sept 2026
- Shareholders meeting24 Sept 2026
- Analysts/Institutional Investor Meet/Con. Call Updates23 Sept 2026
- Submission of Press Release22 Sept 2026
- Press Release22 Sept 2026
- Proceedings of 12th Annual General Meeting held on September 22, 202622 Sept 2026
- Shareholders meeting22 Sept 2026
- Press Release3 Sept 2026
- Submission of Press Release3 Sept 2026
- Outcome of Board Meeting held on June 18, 2026 - Outcome being submitted subsequent to listing of the company3 Sept 2026
- Intimation of Board Meeting held on June 18, 2026, Intimation being submitted subsequent to listing of the company3 Sept 2026
- Bagging/Receiving of orders/contracts3 Sept 2026
- Intimation of Receipt of Work Order3 Sept 2026
- Outcome of Board Meeting held on August 14, 2026 - Outcome being submitted subsequent to listing of the company2 Sept 2026
- Intimation of Board Meeting held on August 14, 2026, Intimation being submitted subsequent to listing of the company2 Sept 2026
- Submission of Newspaper Publication1 Sept 2026
- Copy of Newspaper Publication1 Sept 2026
- Book Closure for FY 2025-2631 Aug 2026
- Record Date of Dividend for FY 2025-2631 Aug 2026
The 25 most recent of 237 filings we hold for SOLEX, back to January 2024. Every filing, by day.
Disclaimer
Guidance is quoted from management commentary on quarterly earnings calls; the words are the company's own and the targets are theirs, not ours. Peer comparisons use quarterly financials sourced from Screener, with every company measured at the same fiscal quarter; the peer set is companies sharing the same industry classification, and comparisons are descriptive, not a ranking or a view. Filings are reproduced as companies filed them to the NSE and BSE; Bharatstox does not verify, endorse or comment on their contents. This page is for informational and educational purposes only and does not constitute investment advice, research, or a recommendation to buy or sell any security. Investing in securities markets is subject to market risks. Read all related documents carefully before investing.