Share Price and Company Fundamentals
Last traded: Today at 10:00 AM
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.
Key Metrics
PE ratio
16.67
PB ratio
5.85
Dividend yield
0.06%
Beta
-0.52
Market cap
₹10.90B
Enterprise value
₹13.68B
Company profile
| Industry / Sector | Solar / Technology |
|---|---|
| Full time employees | 877 |
| Website | https://www.solex.in |
| Mailing address | Rio Empire 8th Floor Opp. R.T.O Pal Surat 395009 India |
| Phone / Fax | 91 26 1355 9999 / |
Dividends
Dividend yield
0.06%
Dividend amount
₹0.55
Payout ratio
0.91%
5Y Avg. yield
-%
paid ₹0.55 dividend and the ex-dividend date was 22 Sep 2025.The dividend payout ratio is 0.91%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.SOLEX dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
Company Executives
As of Feb 2026, following are the company executives and directors listed on .
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Dr. Chetan Sureshchandra Shah | Chairman & MD | 57 | |
| Mr. Kalpeshkumar Ramanbhai Patel | Whole Time Director | 55 | |
| Mr. Piyush Kailashchandra Chandak | Whole-time Director | 33 | |
| Ms. Kiran Ritesh Shah | Executive Director | 46 | |
| Mr. Hemal Kachiwala | Chief Financial Officer | 37 | |
| Mr. Brijesh Khanna | President of Operations | ||
| Ms. Azmin M. Chiniwala | Compliance Officer & Company Secretary | ||
| Mr. Rajat Gupta | Head of Marketing & Communications | ||
| Mr. Vikash Anand | President of Sales & Business Development | ||
| Mr. Rajesh Varia | Head of Supply Chain & Purchase |
Profitability and management effectiveness
Profit margin
5.37%
Operating margin
6.64%
Return on assets
-
Return on equity
-
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of is 10.90B and its enterprise value is 13.68B. The enterprise value to revenue ratio of SOLEX is 1.39. The enterprise value to EBITDA ratio of SOLEX is 12.33.
(NSE:SOLEX) Frequently Asked Questions
1. What is 's Stock Symbol?
trades on NSE under the ticker symbol "SOLEX".
2. What is 's stock price today?
One share of SOLEX stock can currently be purchased for approximately ₹1009.25.
3. How can I contact ?
's mailing address is Rio Empire 8th Floor Opp. R.T.O Pal Surat 395009 India. The company can be reached via phone at 91 26 1355 9999.
4. What is 's official website?
The official website of is https://www.solex.in.