Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Solex Energy Ltd
Quarter-by-quarter operating performance
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 132 | 134 | 253 | 249 | 149 | 318 | 839 |
| Expenses + | 117 | 111 | 230 | 211 | 133 | 293 | 747 |
| Operating Profit | 14 | 24 | 22 | 38 | 16 | 25 | 92 |
| OPM % | 11% | 18% | 9% | 15% | 10% | 8% | 11% |
| Other Income + | 1 | 1 | 2 | 2 | -0 | 1 | 0 |
| Interest | 3 | 3 | 5 | 5 | 6 | 9 | 10 |
| Depreciation | 2 | 3 | 3 | 4 | 4 | 6 | 10 |
| Profit before tax | 11 | 19 | 16 | 30 | 5 | 11 | 73 |
| Tax % | 16% | 27% | 25% | 25% | 28% | 26% | 25% |
| Net Profit + | 9 | 14 | 12 | 22 | 3 | 8 | 55 |
| EPS in Rs | 8.45 | 13.06 | 10.92 | 20.80 | 3.15 | 7.62 | 50.73 |
Financials of Solex Energy Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 6 | 46 | 34 | 101 | 149 | 138 | 80 | 72 | 161 | 366 | 660 | 1,555 |
| Expenses + | 6 | 45 | 32 | 96 | 141 | 131 | 76 | 70 | 150 | 337 | 591 | 1,385 |
| Operating Profit | 0 | 1 | 2 | 6 | 8 | 7 | 3 | 2 | 11 | 28 | 69 | 170 |
| OPM % | 5% | 2% | 6% | 6% | 5% | 5% | 4% | 3% | 7% | 8% | 10% | 11% |
| Other Income + | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 2 | 4 | 4 |
| Interest | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 10 | 11 | 30 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 5 | 8 | 9 | 25 |
| Profit before tax | 0 | 1 | 1 | 4 | 7 | 6 | 2 | 1 | 4 | 12 | 52 | 119 |
| Tax % | 29% | 31% | 33% | 28% | 27% | 29% | 29% | 20% | 30% | 24% | 24% | 25% |
| Net Profit + | 0 | 0 | 1 | 3 | 5 | 4 | 2 | 1 | 3 | 9 | 40 | 89 |
| EPS in Rs | 1.00 | 2.05 | 3.25 | 5.10 | 8.02 | 7.18 | 2.71 | 0.99 | 2.71 | 8.73 | 36.66 | 82.30 |
| Dividend Payout % | 0% | 0% | 0% | 16% | 0% | 6% | 9% | 12% | 0% | 5% | 2% | 0% |
Financials of Solex Energy Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.82 | 2 | 2 | 5 | 5 | 5 | 5 | 8 | 8 | 8 | 11 | 11 |
| Reserves | 0 | 0 | 1 | 9 | 13 | 17 | 19 | 27 | 30 | 38 | 147 | 233 |
| Borrowings + | 4 | 4 | 1 | 6 | 6 | 5 | 12 | 19 | 66 | 96 | 148 | 324 |
| Other Liabilities + | 4 | 9 | 20 | 32 | 47 | 44 | 40 | 18 | 37 | 70 | 162 | 572 |
| Total Liabilities | 9 | 15 | 25 | 52 | 71 | 71 | 76 | 73 | 141 | 212 | 467 | 1,139 |
| Fixed Assets + | 0 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 55 | 54 | 110 | 336 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24 | 1 | 0 | 2 | 11 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 14 | 3 | 1 |
| Other Assets + | 8 | 13 | 23 | 51 | 70 | 70 | 75 | 48 | 85 | 143 | 352 | 791 |
| Total Assets | 9 | 15 | 25 | 52 | 71 | 71 | 76 | 73 | 141 | 212 | 467 | 1,139 |
Financials of Solex Energy Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 1 | -4 | 5 | 2 | 2 | 4 | -6 | 2 | -49 | 214 | ||
| Cash from Investing Activity + | -0 | -3 | -3 | -1 | -1 | -27 | -35 | -21 | -54 | -224 | ||
| Cash from Financing Activity + | -0 | 6 | -2 | -2 | -0 | 22 | 41 | 20 | 113 | 74 | ||
| Net Cash Flow | 1 | -1 | 0 | -0 | 1 | -2 | -0 | 0 | 10 | 64 | ||
| Free Cash Flow | 1 | -4 | 4 | 2 | 1 | -20 | -41 | -6 | -115 | 20 | ||
| CFO/OP | 76% | -44% | 87% | 53% | 95% | 222% | -49% | 13% | -53% | 133% |
Financials of Solex Energy Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 279 | 75 | 181 | 137 | 136 | 147 | 255 | 105 | 68 | 47 | 62 | 78 |
| Inventory Days | 81 | |||||||||||
| Days Payable | 131 | |||||||||||
| Cash Conversion Cycle | 279 | 75 | 181 | 137 | 136 | 147 | 255 | 105 | 68 | 47 | 62 | 28 |
| Working Capital Days | 43 | 6 | 13 | 77 | 48 | 68 | 122 | 132 | 64 | 23 | 56 | 5 |
| ROCE % | 23% | 37% | 42% | 34% | 29% | 11% | 4% | 12% | 18% | 28% | 34% |