Onix Solar Energy Ltd

AI

Onix Solar Energy Ltd

₹ 344 1.38%
29 Sep - close price
About

Incorporated in 1980, Onix Solar Energy Ltd is in the business of renewable energy solutions.[1]

Key Points

Business Overview:[1]
OSEL was in the business of manufacturing
of Gas Products and trading in related products.
However, due to its nonperformance in current business line; it has switched its main business from Gas Industry to Solar Energy Industry on May 14th 2024

  • Market Cap ₹ 1,270 Cr.
  • Current Price ₹ 344
  • High / Low ₹ 782 / 150
  • Stock P/E 28.1
  • Book Value ₹ 210
  • Dividend Yield 0.00 %
  • ROCE 11.3 %
  • ROE 8.08 %
  • Face Value ₹ 10.0

Pros

  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -24.8%
  • Company has high debtors of 262 days.
  • Working capital days have increased from 148 days to 494 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2025 Mar 2026 Jun 2026
103 77 95
96 47 66
Operating Profit 7 30 28
OPM % 7% 39% 30%
0 0 0
Interest 0 2 0
Depreciation 0 0 0
Profit before tax 7 28 28
Tax % 4% 0% 25%
7 28 21
EPS in Rs 20.37 7.62 5.67
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2025 Mar 2026
29 165
28 119
Operating Profit 1 47
OPM % 3.8% 28%
0 1
Interest 0 3
Depreciation 0 0
Profit before tax 2 45
Tax % 5% 29%
1 31
EPS in Rs 4.14 8.53
Dividend Payout % 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 463%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 2071%
Stock Price CAGR
10 Years: 37%
5 Years: 113%
3 Years: 109%
1 Year: 92%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2025 Mar 2026
Equity Capital 2 25
Reserves 3 749
0 57
34 34
Total Liabilities 39 865
0 460
CWIP 0 0
Investments 0 83
39 322
Total Assets 39 865

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2025 Mar 2026
17 -236
-19 -82
0 318
Net Cash Flow -2 0
Free Cash Flow -2 -236
CFO/OP 1,597% -507%

Ratios

Consolidated / View Standalone

Mar 2025 Mar 2026
Debtor Days 4 262
Inventory Days 0 264
Days Payable 65
Cash Conversion Cycle 4 461
Working Capital Days -198 494
ROCE % 11%

Insights

In beta
Mar 2025 Mar 2027 (P) Mar 2028 (P) Mar 2029 (P)
Green Hydrogen Capacity
MT/PA

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Solar Module Manufacturing Capacity
MW
Number of Solar Module Product Variants
types

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

10 Recently
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
29.38% 19.89% 1.21% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 91.72% 74.98% 50.22%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.77% 0.77%
70.63% 80.12% 98.79% 99.99% 100.00% 100.00% 100.01% 100.00% 99.99% 8.29% 24.27% 49.00%
No. of Shareholders 6,5916,4836,5456,1506,0455,9636,3726,4316,9727,0628,14210,452

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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