Onix Solar Energy
- Market cap
- ₹ 1,147 Cr.
- P/E
- 36.2x
- P/B
- 1.53x
- 52-week range
- 262.45 – 464.2
- ROE
- 10%
- ROCE
- 10%
- Dividend yield
- 0%
- Debt / equity
- 0.07
- Sector
- Non - Ferrous Metals
- Industry
- Copper
- Listed on
- NSE, BSE
About
Onix Solar Energy Limited is an India-based company, which operates in the solar energy industry. The Company is focused on generating, accumulating, distributing and supplying solar energy for its own use or for sale to governments, state electricity boards, intermediaries in power transmission/ distribution, companies, industrial units, or to other types of users/consumers of energy. It also focuses on acquiring concessions or licenses granted by or to enter contracts with the Government of India, any state government, municipal, local authority or other statutory bodies, companies or any other person for the development, erection, installation, establishment, construction, operation and maintenance of solar power plants. It also focuses on carrying on the business of consultants, advisors, auctioneers for all types of solar energy plants and undertaking research and development in the field of solar energy and other allied fields.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Copper: 5 companies →Onix Solar Energy against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)36.2 against a typical 36.2: in line than most peers (1st = cheapest).3rd of 5
- Sales growth+108.9% against a typical +81.4% from a year earlier.1st of 3
- Profit growth+2,000% against a typical +181.7% from a year earlier.1st of 4
- Size₹ 1,146.8 Cr. market value against a typical ₹ 726.5 Cr. (1st = largest).2nd of 4
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 57 | 23 | 45 | 43 | 16 | 70 | 94 |
| Expenses | 0 | 0 | 0 | 0 | 0 | 52 | 23 | 44 | 44 | 2 | 45 | 66 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 5 | 1 | 1 | −1 | 14 | 25 | 28 |
| OPM % | — | −1,600% | — | −23% | 38% | 9% | 2.6% | 2.7% | −1.4% | 88% | 36% | 30% |
| Other Income | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 1 | 0 | 0 | 6 | 1 | 1 | −1 | 14 | 26 | 28 |
| Tax % | 0% | 19% | 2% | 0% | 0% | 0% | 10% | 25% | 36% | 0% | 0% | 25% |
| Net Profit | 0 | 0 | 1 | 0 | 0 | 6 | 1 | 1 | −1 | 14 | 26 | 21 |
| EPS in Rs | −0.4 | −0.57 | 1.8 | 0.11 | 0.43 | 17.89 | 1.83 | 2.89 | −2.17 | 3.9 | 6.96 | 5.65 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 52%
- 5 Years
- 227%
- 3 Years
- 1,888%
- TTM
- 78%
- 10 Years
- 67%
- 5 Years
- 152%
- 3 Years
- 639%
- TTM
- 646%
- 10 Years
- 40%
- 5 Years
- 108%
- 3 Years
- 128%
- TTM
- —
- 10 Years
- 9%
- 5 Years
- 10%
- 3 Years
- 10%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Onix Solar Energy | ₹ 307.65 | ₹ 1,147 Cr. | 36.2x | 1.5x | 10% | — |
| Bharat Forge | ₹ 1,709.60 | ₹ 81,734 Cr. | 89.6x | 10.9x | 11.5% | 6.5% |
| Havells India | ₹ 1,032.00 | ₹ 64,764 Cr. | 44.1x | 7.9x | — | 6.9% |
| Schaeffler India | ₹ 3,468.00 | ₹ 54,379 Cr. | 56.2x | 10.7x | — | 12% |
| Sterlite Technologies | ₹ 829.00 | ₹ 42,603 Cr. | 464.5x | 11.2x | 2.6% | 1.2% |
| R R Kabel | ₹ 2,150.60 | ₹ 26,329 Cr. | 51.2x | 10.1x | 20.8% | 5.1% |
Management
- Sagar Sureshbhai Limbad
- Chief Financial Officer, Director
- Lavesh Kumar Gupta
- Company Secretary and Compliance Officer
- Harpreet Singh
- Managing Director, Executive Director
- Savaliya Piyushkumar Mansukhbhai
- Managing Director, Director
Prices are delayed and for information only. Nothing on this page is investment advice.