Financials Solex Energy Limited

Equities

SOLEX

INE880Y01017

Electric Utilities

Delayed NSE India S.E. 04:16:10 2024-05-16 EDT 5-day change 1st Jan Change
1,193 INR +5.00% Intraday chart for Solex Energy Limited +16.90% +176.15%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 232.2 149.7 96.82 172.4 913.6 3,436
Enterprise Value (EV) 1 292.9 207.9 141.9 272.7 1,104 4,094
P/E ratio 7.36 x 3.01 x 2.18 x 10.3 x 89.2 x 127 x
Yield 2.13% 1.65% 2.55% 0.86% 0.13% 0.03%
Capitalization / Revenue 0.23 x 0.1 x 0.07 x 0.22 x 1.26 x 2.12 x
EV / Revenue 0.29 x 0.14 x 0.1 x 0.34 x 1.53 x 2.53 x
EV / EBITDA 5.15 x 2.63 x 1.91 x 8.17 x 59.4 x 30.2 x
EV / FCF -1.84 x -25.2 x -29.1 x -3.95 x -6.11 x -8.99 x
FCF Yield -54.4% -3.97% -3.43% -25.3% -16.4% -11.1%
Price to Book 1.71 x 0.83 x 0.44 x 0.73 x 2.61 x 9.13 x
Nbr of stocks (in thousands) 4,940 4,940 4,940 4,940 8,000 8,000
Reference price 2 47.00 30.30 19.60 34.90 114.2 429.5
Announcement Date 18-07-20 19-08-16 20-08-17 21-08-09 22-05-30 23-09-01
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 1,013 1,491 1,380 796.2 723.3 1,617
EBITDA 1 56.89 79.13 74.12 33.39 18.58 135.5
EBIT 1 50.35 73.29 70.86 30.81 16.07 90.2
Operating Margin 4.97% 4.92% 5.13% 3.87% 2.22% 5.58%
Earnings before Tax (EBT) 1 43.81 68.04 62.43 23.57 12.28 38.52
Net income 1 31.58 49.72 44.51 16.76 9.879 27.11
Net margin 3.12% 3.34% 3.22% 2.11% 1.37% 1.68%
EPS 2 6.390 10.07 9.010 3.390 1.280 3.388
Free Cash Flow 1 -159.4 -8.261 -4.872 -68.99 -180.6 -455.3
FCF margin -15.74% -0.55% -0.35% -8.67% -24.97% -28.16%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 1.000 0.5000 0.5000 0.3000 0.1500 0.1500
Announcement Date 18-07-20 19-08-16 20-08-17 21-08-09 22-05-30 23-09-01
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: Marzo 2018 2019 2020 2021 2022 2023
Net Debt 1 60.7 58.2 45.1 100 190 658
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.067 x 0.7353 x 0.6079 x 3.004 x 10.25 x 4.855 x
Free Cash Flow 1 -159 -8.26 -4.87 -69 -181 -455
ROE (net income / shareholders' equity) 36.7% 31.5% 22.2% 7.33% 3.37% 7.46%
ROA (Net income/ Total Assets) 8.23% 7.46% 6.24% 2.62% 1.33% 5.28%
Assets 1 383.7 666.4 713.8 638.7 740.1 513.4
Book Value Per Share 2 27.50 36.40 44.80 47.70 43.80 47.00
Cash Flow per Share 2 0.3900 1.290 1.180 4.190 2.850 0.1700
Capex 1 0.29 8.82 2.19 0.61 241 352
Capex / Sales 0.03% 0.59% 0.16% 0.08% 33.36% 21.74%
Announcement Date 18-07-20 19-08-16 20-08-17 21-08-09 22-05-30 23-09-01
1INR in Million2INR
Estimates
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