Solvex Edibles Ltd
Incorporated in 2013, Solvex Edibles Limited is engaged in the business of manufacturing, distribution, marketing, and selling of Solvent Extracted Rice Bran Oil and other by-products.[1]
- Market Cap ₹ 15.2 Cr.
- Current Price ₹ 17.0
- High / Low ₹ 68.0 / 17.0
- Stock P/E 5.81
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 17.0 %
- ROE 17.1 %
- Face Value ₹ 10.0
Pros
Cons
- Debtor days have increased from 38.5 to 75.7 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.
Peer comparison
Fast Moving Consumer Goods Fast Moving Consumer Goods Agricultural Food & other Products Edible Oil
Part of BSE SME IPO
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 92.60 | 93.03 | 71.27 | 74.71 | 75.67 | |
| 91.10 | 91.27 | 68.38 | 68.64 | 69.80 | |
| Operating Profit | 1.50 | 1.76 | 2.89 | 6.07 | 5.87 |
| OPM % | 1.62% | 1.89% | 4.06% | 8.12% | 7.76% |
| 0.17 | 0.18 | 0.05 | 0.01 | 0.02 | |
| Interest | 0.75 | 1.07 | 1.17 | 1.65 | 1.81 |
| Depreciation | 0.46 | 0.41 | 0.40 | 0.34 | 0.30 |
| Profit before tax | 0.46 | 0.46 | 1.37 | 4.09 | 3.78 |
| Tax % | 26.09% | 28.26% | 27.74% | 30.56% | |
| 0.34 | 0.34 | 0.99 | 2.84 | 2.62 | |
| EPS in Rs | 13.60 | 13.60 | 28.94 | 4.49 | 3.95 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -7% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 103% |
| TTM: | 187% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 2.50 | 2.50 | 3.42 | 6.33 |
| Reserves | 1.03 | 1.36 | 10.92 | 12.57 |
| 12.42 | 12.05 | 16.41 | 17.67 | |
| 5.77 | 6.81 | 6.76 | 5.62 | |
| Total Liabilities | 21.72 | 22.72 | 37.51 | 42.19 |
| 2.80 | 2.79 | 2.62 | 2.28 | |
| CWIP | 0.17 | 0.17 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 9.49 | 9.49 |
| 18.75 | 19.76 | 25.40 | 30.42 | |
| Total Assets | 21.72 | 22.72 | 37.51 | 42.19 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -0.16 | 0.64 | -3.90 | -1.25 | |
| 0.06 | -0.32 | -9.43 | 0.00 | |
| 0.56 | -0.79 | 13.31 | 1.33 | |
| Net Cash Flow | 0.46 | -0.47 | -0.02 | 0.08 |
| Free Cash Flow | -0.16 | 0.24 | -3.97 | -1.25 |
| CFO/OP | -2% | 43% | -121% | -0% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 23.57 | 10.04 | 29.76 | 75.73 |
| Inventory Days | 45.30 | 67.19 | 103.34 | 77.31 |
| Days Payable | 21.57 | 26.93 | 31.36 | 11.49 |
| Cash Conversion Cycle | 47.30 | 50.30 | 101.74 | 141.55 |
| Working Capital Days | 5.20 | 11.46 | 31.24 | 38.79 |
| ROCE % | 9.60% | 10.89% | 17.05% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Actual Production - De Oiled Rice Bran (Parent) MT/Year |
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| Actual Production - Rice Bran Oil (Parent) MT/Year |
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| Capacity Utilization Rate - De Oiled Rice Bran (Parent) % |
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| Capacity Utilization Rate - Parent (Rice Bran Oil) % |
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| Installed Capacity - De Oiled Rice Bran (Parent) MT/Year |
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| Installed Capacity - Rice Bran Oil (Parent) MT/Year |
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| Revenue Concentration in Uttar Pradesh % |
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| Actual Production - Refined Rice Bran Oil (GPOPL Subsidiary) MT/Year |
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| Capacity Utilization Rate - Refined Rice Bran Oil (GPOPL Subsidiary) % |
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| Installed Capacity - Refined Rice Bran Oil (GPOPL Subsidiary) MT/Year |
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Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
31 Mar - Board appointed M/s M. Agarwal & Associates as Secretarial Auditor for FY2025-26 to 2029-30, subject to shareholder approval.
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Outcome Of Separate Meeting Of Independent Directors Of The Company
31 Mar - Independent directors met 31-Mar-2026; evaluated board, chairperson, non-independent directors; performance 'satisfactory'.
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Closure of Trading Window
22 Mar - Trading window closed from 1 April 2026 until 48 hours after audited FY2026 results declaration.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 6 Feb
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 23 Jan
Business Profile[1]
The company manufactures, distributes, markets, and sells solvent-extracted rice bran oil, along with by-products such as de-oiled rice bran (DORB), rice bran, mustard oil, mustard cakes, and de-oiled mustard cakes. Its products are primarily supplied to FMCG companies rather than under its own brand, while the by-products cater to cattle, poultry, fish, and animal feed industries.