SOLEX
Solex Energy Limited
Each stock's 10,000-path forecast, rendered as light.
Solex Energy Limited (SOLEX) Stock Analysis & Case Study
Is SOLEX a good buy? The data-driven verdict.
Solex Energy Limited (SOLEX) trades at ₹914,on the numbers it screens attractive, a Downstox Snapshot Score of 71/100.
On the numbers, Solex Energy Limited (SOLEX) screens attractive, a Downstox Snapshot Score of 71/100, weighing inexpensive at 10.3× earnings, ROE of 46.3%, a 48% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
SOLEX fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How SOLEX ranks against the 2,373 companies in our screener
- SOLEX's market cap of 985 Cr ranks in the 39th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SOLEX's book value of ₹234 ranks in the 75th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SOLEX's promoter holding of 66.2% ranks in the 65th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SOLEX's 3-year profit (PAT) growth of 228.0% ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SOLEX's 3-year revenue growth of 115.0% ranks in the top 2% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SOLEX's debt-to-equity ratio of 1.34x is lower than 9% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is SOLEX overvalued? SOLEX P/E vs peers
SOLEX trades at 10.3× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
SOLEX share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 8.3y of SOLEX history (35%/yr drift, 60%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| SOLEX 2027 | ₹404 | ₹877 | ₹1,900 | -4% |
| SOLEX 2028 | ₹281 | ₹843 | ₹2,533 | -8% |
| SOLEX 2029 | ₹210 | ₹811 | ₹3,131 | -11% |
| SOLEX 2030 | ₹163 | ₹780 | ₹3,718 | -14% |
| SOLEX 2031 | ₹131 | ₹750 | ₹4,276 | -18% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability SOLEX goes up, or doubles?
The bull case for SOLEX
- SOLEX's P/E of 10.3x is lower than 85% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SOLEX's return on equity of 46.3% ranks in the top 2% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SOLEX's return on capital employed of 35.8% ranks in the top 5% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹3,131.
The bear case & risks
- High historical volatility (60%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹210.
SOLEX volatility & expected range, how bumpy is the ride?
Over the last 8.3 years SOLEX compounded at 35%/year with annualized volatility of 60%. That volatility implies a 1-year 80% range of ₹404-₹1,900, the honest backbone behind any single price target.
SOLEX price forecast, the full 60-month probability fan
SOLEX price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds SOLEX hits common targets within the simulated horizon?
Full multi-horizon detail on the SOLEX price target & forecast page.
SOLEX Piotroski F-Score: 5/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. SOLEX scores 5/8, mixed financial health.
SOLEX MTF margin & leverage across 8 brokers
Margin Trading Facility lets you buy SOLEX with part of the capital. Lower margin % = higher leverage. Rates compared across 8 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| ZerodhaCHEAPEST | 35.93% | 2.8× |
| Dhan | 50.00% | 2.0× |
| Kotak Neo | 40.00% | 2.5× |
| Paytm Money | 63.31% | 1.6× |
| Pocketful | 36.48% | 2.7× |
| Fyers | 50.00% | 2.0× |
| Anand RathiCHEAPEST | 35.93% | 2.8× |
| Share India | 36.09% | 2.8× |
Compare every broker on the SOLEX MTF page.
About Solex Energy Limited: sector, index & market-cap context
Solex Energy Limited (SOLEX) is a small-cap NSE-listed company, with a market capitalisation of ₹988 Cr. See more stocks on our screener.
How the SOLEX Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Solex Energy Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
SOLEX analysis, FAQs
Is Solex Energy Limited (SOLEX) a good buy?
On the numbers, Solex Energy Limited (SOLEX) screens attractive, a Downstox Snapshot Score of 71/100, weighing inexpensive at 10.3× earnings, ROE of 46.3%, a 48% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is SOLEX overvalued or undervalued?
SOLEX trades at 10.3× earnings, inexpensive versus the ~22× long-run Nifty average.
What is the SOLEX share price target for 2031?
SOLEX's probability-weighted 2031 median target is ₹750, with an 80% range of ₹131-₹4,276 (10,000-path Monte-Carlo).
What is the probability SOLEX doubles in 5 years?
The modelled probability of SOLEX reaching ₹1,823 (2×) within 5 years is 26%.
What is the bull case for SOLEX?
SOLEX's P/E of 10.3x is lower than 85% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. SOLEX's return on equity of 46.3% ranks in the top 2% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. SOLEX's return on capital employed of 35.8% ranks in the top 5% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in SOLEX?
High historical volatility (60%/yr) means a wide, bumpy range of outcomes, size positions accordingly.