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Solex Energy Ltd
NSE: SOLEX BSE: 532566
₹1124.50
(0.50%)
Wed, 24 Jun 2026, 04:00 am
Market Cap (in Cr)1238.29
PE Ratio12.65
Dividend0.05
Producer Manufacturing
Building Products
24.5KSolex Energy Balance Sheet
| Particulars | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Interest expense on debt | -7.45M | -11.43M | -10.82M | -7.50M | -56.11M | -105.02M | -107.69M |
| Pretax equity in earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity in earnings | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 710.90M | 709.58M | 757.95M | 727.45M | 1.41B | 2.12B | 4.80B |
| Total current assets | 698.09M | 698.32M | 748.66M | 461.01M | 834.71M | 1.52B | 3.62B |
| Cash and short term investments | 6.37M | 5.82M | 20.68M | 45.85M | 55.38M | 194.24M | 238.13M |
| Cash & equivalents | 6.37M | 5.82M | 20.68M | 45.85M | 55.38M | 71.23M | 238.13M |
| Short term investments | 0 | 0 | 0 | 0 | 0 | 123.02M | 0 |
| Total receivables, net | 581.37M | 556.77M | 556.22M | 255.96M | 390.43M | 522.03M | 1.23B |
| Accounts receivable - trade, net | 555.82M | 556.70M | 555.96M | 207.49M | 302.48M | 466.94M | 1.16B |
| Other receivables | 25.55M | 66.80K | 262.63K | 48.48M | 87.95M | 55.09M | 65.75M |
| Total inventory | 66.32M | 63.01M | 84.00M | 144.83M | 373.25M | 709.45M | 1.94B |
| Other current assets, total | 43.63M | 72.15M | 85.86M | 11.86M | 9.34M | 66.26M | 142.27M |
| Total non-current assets | 12.81M | 11.26M | 9.29M | 266.44M | 573.11M | 604.36M | 1.18B |
| Long term investments | 0 | 0 | 0 | 0 | 808.00K | 23.78M | 24.23M |
| Note receivable - long term | — | — | — | — | — | — | — |
| Investments in unconsolidated subsidiaries | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other investments | 0 | 0 | 0 | 0 | 808.00K | 23.78M | 24.23M |
| Net property/plant/equipment | 12.17M | 10.48M | 8.58M | 247.06M | 553.12M | 544.25M | 1.12B |
| Gross property/plant/equipment | 31.12M | 32.58M | 33.17M | 273.89M | 625.20M | 700.83M | 1.37B |
| Deferred tax assets | — | — | — | — | — | — | — |
| Net intangible assets | 641.87K | 780.01K | 714.58K | 643.00K | 793.00K | 2.91M | 3.72M |
| Goodwill, net | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other intangibles, net | 641.87K | 780.01K | 714.58K | 643.00K | 793.00K | 2.91M | 3.72M |
| Other long term assets, total | 0 | 0 | 0 | 18.74M | 18.39M | 33.42M | 35.42M |
| Short term debt | 63.29M | 50.87M | 110.83M | 64.23M | 212.13M | 489.60M | 788.07M |
| Current portion of LT debt and capital leases | 0 | 0 | 8.70M | 4.07M | 63.08M | 87.69M | 179.52M |
| Short term debt excl. current portion of LT debt | 63.29M | 50.87M | 102.13M | 60.16M | 149.05M | 401.90M | 608.55M |
| Accounts payable | 416.42M | 354.82M | 318.44M | 125.65M | 291.42M | 491.81M | 916.68M |
| Income tax payable | — | — | 2.25M | 2.60M | — | 27.52M | 132.84M |
| Long term debt | 1.26M | 0 | 10.17M | 130.01M | 447.28M | 472.00M | 686.92M |
| Long term debt excl. lease liabilities | 1.26M | 0 | 10.17M | 130.01M | 447.28M | 472.00M | 686.92M |
| Total equity | 179.76M | 221.49M | 235.78M | 350.36M | 376.27M | 462.42M | 1.62B |
| Shareholders' equity | 179.76M | 221.49M | 235.78M | 350.36M | 376.27M | 462.42M | 1.61B |
| Common equity, total | 179.76M | 221.49M | 235.78M | 350.36M | 376.27M | 462.42M | 1.61B |
| Other common equity | 75.91M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total debt | 64.55M | 50.87M | 120.99M | 194.24M | 659.41M | 961.60M | 1.47B |
| Net debt | 58.18M | 45.05M | 100.32M | 148.38M | 604.04M | 767.35M | 1.24B |
| Change in accounts receivable | -176.35M | -882.48K | 741.80K | 348.47M | -94.99M | -164.46M | -694.28M |
| Change in taxes payable | — | — | — | — | — | — | — |
| Change in accounts payable | 142.89M | -61.61M | — | — | — | 213.61M | 381.01M |
| Change in other assets/liabilities | 6.12M | 31.71M | 24.12M | -264.64M | 332.57M | 47.70M | 344.15M |
| Sale of fixed assets & businesses | 0 | 481.38K | 0 | 375.00K | 0 | 0 | 1.20M |
| Purchase/sale of investments, net | 0 | 0 | 0 | 0 | -808.00K | -138.46M | 119.57M |
| Sale/maturity of investments | — | 0 | 0 | 0 | — | — | 119.57M |
| Purchase of investments | 0 | 0 | 0 | 0 | -808.00K | -138.46M | 0 |
| Other investing cash flow items, total | -22.44M | -6.97M | -7.54M | -30.54M | -119.51M | 0 | 0 |
| Issuance/retirement of debt, net | 1.92M | -13.67M | 10.17M | 119.84M | 317.27M | 302.18M | 513.39M |
| Issuance/retirement of long term debt | -2.58M | -1.26M | 10.17M | 119.84M | 317.27M | 24.72M | 214.92M |
| Issuance/retirement of short term debt | 4.50M | -12.42M | 0 | 0 | 0 | 277.46M | 298.47M |
| Issuance/retirement of other debt | — | — | — | — | — | — | — |
| Total cash dividends paid | -5.92M | -2.98M | -2.47M | -2.40M | -1.20M | -1.20M | -4.75M |
| Other financing cash flow items, total | 0 | 0 | 0 | 0 | 0 | 0 | 722.89M |