Solex Energy Limited (NSE: SOLEX, BSE: 544862) is a Surat, Gujarat-based company in the Solar Cells & Modules industry. With a market capitalisation of ₹675 Cr, it ranks #1,817 by market cap among the 6,137 Indian listed companies on FinBizNet, and #9 of 11 in Solar Cells & Modules. At ₹533.00 (as of 25 Oct 2026), the share price is 72.2% below its 52-week high of ₹1,918.00 and 2.1% above its 52-week low of ₹522.05. The share price is down 62.5% over one year and down 43.2% over three months.
| Current Price | ₹533.00 |
|---|---|
| Market Cap | ₹675 Cr |
| NSE Symbol | SOLEX |
| BSE Code | 544862 |
| Sector | Industrials > Capital Goods > Electrical Equipment |
| Sub-Industry | Solar Manufacturing > Solar Cells & Modules |
| P/E Ratio | 6.8 |
| Return on Equity | 47.06% |
| Return on Assets | 11.86% |
| 52-Week Range | ₹522.05 – ₹1,918.00 |
| 1-Year Price Change | -62.5% |
| 3-Month Price Change | -43.2% |
| Beta (1Y) | 0.06 |
| Dividend Yield | 0.09% |
| Headquarters | Surat, Gujarat |
| Website | www.solex.in |
| Revenue | ₹261 Cr |
|---|---|
| Net Profit | ₹8 Cr |
| Net Margin | 3.2% |
| EPS (Basic) | ₹7.39 |
| Basis | consolidated |
Figures in ₹ crore, parsed from the company's exchange filing (XBRL).
Solex Energy Limited manufactures and sells solar photovoltaic modules in India. It provides solar turnkey solutions for solar power plants, solar water pumps, and utility scale ground mounted solar power plants, as well as engineering, procurement, and construction services for the solar energy market. The company also offers solar residential and industrial rooftop systems, off-grid power plants, solar grid-connected systems, solar home and street light systems, solar water pumps, and custom solar solutions. It serves government, real estate, agriculture, manufacturing, healthcare, hospitality, residential societies, banking institutions, educational institutes, transport and logistics, media and entertainment, and telecom and communications industries. Solex Energy Limited was founded in 1995 and is based in Surat, India.
1. Solar and Other Renewable Products-This segment operates as a manufacturer of solar photo-voltaic cells and modules. It also provides engineering, procurement, and construction services in the solar energy market.
1. Performance of the Engineering, Procurement and Construction (EPC) Projects-100%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| Premier Energies Ltd | ₹40,903 Cr | 26.8 | 42.33% | ₹2,463 Cr | -20.1% |
| Fujiyama Power Systems Ltd | ₹12,120 Cr | 36.2 | 23.88% | ₹1,346 Cr | — |
| Vikram Solar | ₹5,218 Cr | 10.4 | 21.34% | ₹1,563 Cr | -62.6% |
| Saatvik Green Energy Ltd | ₹5,043 Cr | 13 | 42.05% | ₹511 Cr | -33.5% |
| Websol Energy System Ltd | ₹2,966 Cr | 9.4 | 66.69% | ₹373 Cr | -51.4% |
| Alpex Solar Limited | ₹1,993 Cr | 9.5 | 51.79% | ₹503 Cr | -42.9% |
| Insolation Energy Ltd | ₹1,625 Cr | 7.8 | 28.15% | ₹741 Cr | — |
| INDOSOLAR LIMITED | ₹882 Cr | 3.6 | 150.63% | ₹156 Cr | -70.7% |
| Solex Energy Limited | ₹675 Cr | 6.8 | 47.06% | ₹261 Cr | -62.5% |
Listed by market capitalisation. Ratios are shown for context only.
Solex Energy Limited is trading at ₹533.00, with a market capitalisation of ₹675 Cr.
Solex Energy Limited operates in the Industrials > Capital Goods > Electrical Equipment space (Solar Manufacturing > Solar Cells & Modules).
Solex Energy Limited has a P/E of 6.8 and a return on equity of 47.06%.
Solex Energy Limited is listed on the NSE under the symbol SOLEX and on the BSE under the scrip code 544862.
Solex Energy Limited's share price is down 62.5% over one year and down 43.2% over three months. Its 52-week range is ₹522.05 to ₹1,918.00.
In Q1 FY27, Solex Energy Limited reported revenue of ₹261 Cr and net profit of ₹8 Cr, with basic EPS of ₹7.39 (consolidated, parsed from the company's exchange filing).
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.