🌞 At a glance (a.k.a. the only part 95% of readers actually read)
Solex Energy Ltd has reported a 301% jump in EPS, a revenue of ₹182.4 crore, and an ambitious foray into solar cell manufacturing. But beyond the conference call flexes and polished decks, is this clean energy play truly electrifying—or just another panel without power?
⚡ About Solex Energy Ltd
- 🏢 Headquartered in: Surat, Gujarat
- 🔆 Core Business: EPC solutions + solar panel & inverter distribution
- 🏭 FY25 Upgrade: Setting up their own solar cell manufacturing plant in a market currently dominated by Reliance, Waaree, and Adani.
Think of them as the guy who just bought gym shoes and started calling himself a “fitness entrepreneur.”
🧑💼 Key Managerial Personnel
| Name | Designation |
|---|---|
| Mr. Chetan Shah | Chairman & Managing Director |
| Mr. Brijesh Shah | CFO |
| Mr. Naimish Thakkar | Independent Director |
Yes,
the same team that’s now pitching a 2030 roadmap hotter than a black panel under peak Gujarat sun.
📊 FY25 Financials (Standalone)
| Metric | FY25 | FY24 | Change % |
|---|---|---|---|
| Revenue | ₹182.4 Cr | ₹146.7 Cr | 🔼 +24.3% |
| EBITDA | ₹19.6 Cr | ₹10.4 Cr | 🔼 +88.4% |
| PAT | ₹13.9 Cr | ₹3.46 Cr | 🔼 +301% |
| EPS | ₹11.61 | ₹2.89 | 🚀 +301.4% |
| Order Book | ₹600 Cr+ | ₹300 Cr+ | 🔼 2x |
This EPS jump? It’s the finance bro version of saying “bro I’m on a bulk” after one protein shake.
🏗️ CapEx & Solar Cell Line Ambition
“The company plans to set up a solar cell manufacturing facility with an initial capex of ₹35–₹40 crore.”
Translation: We’re entering the chat in a space where Adani Solar just built India’s largest vertically integrated factory, and we’re doing it with a budget
