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 ₹ 16.3 Cr.
- Current Price ₹ 18.2
- High / Low ₹ 61.4 / 16.7
- Stock P/E
- Book Value ₹ 40.6
- Dividend Yield 0.00 %
- ROCE 5.21 %
- ROE -0.47 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.45 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 6.94% over last 3 years.
- Contingent liabilities of Rs.22.5 Cr.
- Working capital days have increased from 53.4 days to 90.2 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 | Mar 2026 | |
|---|---|---|---|---|---|
| 92.60 | 93.03 | 71.27 | 74.71 | 66.67 | |
| 91.10 | 91.27 | 68.38 | 68.64 | 64.30 | |
| Operating Profit | 1.50 | 1.76 | 2.89 | 6.07 | 2.37 |
| OPM % | 1.62% | 1.89% | 4.06% | 8.12% | 3.55% |
| 0.17 | 0.18 | 0.05 | 0.01 | 0.25 | |
| Interest | 0.75 | 1.07 | 1.17 | 1.65 | 1.66 |
| Depreciation | 0.46 | 0.41 | 0.40 | 0.34 | 0.28 |
| Profit before tax | 0.46 | 0.46 | 1.37 | 4.09 | 0.68 |
| Tax % | 26.09% | 28.26% | 27.74% | 30.56% | 117.65% |
| 0.34 | 0.34 | 0.99 | 2.84 | -0.13 | |
| EPS in Rs | 13.60 | 13.60 | 28.94 | 4.49 | -0.15 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -11% |
| TTM: | -11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -105% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -72% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 7% |
| Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 2.50 | 2.50 | 3.42 | 6.33 | 8.95 |
| Reserves | 1.03 | 1.36 | 10.92 | 12.57 | 27.37 |
| 12.42 | 12.05 | 16.41 | 17.66 | 16.97 | |
| 5.77 | 6.81 | 6.76 | 5.63 | 7.30 | |
| Total Liabilities | 21.72 | 22.72 | 37.51 | 42.19 | 60.59 |
| 2.80 | 2.79 | 2.62 | 2.28 | 2.00 | |
| CWIP | 0.17 | 0.17 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 9.49 | 9.49 | 9.49 |
| 18.75 | 19.76 | 25.40 | 30.42 | 49.10 | |
| Total Assets | 21.72 | 22.72 | 37.51 | 42.19 | 60.59 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -0.16 | 0.64 | -3.90 | -1.25 | -6.62 | |
| 0.06 | -0.32 | -9.43 | 0.00 | -2.81 | |
| 0.56 | -0.79 | 13.31 | 1.33 | 15.20 | |
| Net Cash Flow | 0.46 | -0.47 | -0.02 | 0.08 | 5.77 |
| Free Cash Flow | -0.16 | 0.24 | -3.97 | -1.25 | -9.68 |
| CFO/OP | -2% | 43% | -121% | -21% | -279% |
Ratios
Standalone / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 23.57 | 10.04 | 29.76 | 75.73 | 64.93 |
| Inventory Days | 45.30 | 67.19 | 103.34 | 81.16 | 172.43 |
| Days Payable | 21.57 | 26.93 | 31.36 | 12.06 | 25.32 |
| Cash Conversion Cycle | 47.30 | 50.30 | 101.74 | 144.83 | 212.04 |
| Working Capital Days | 5.20 | 11.46 | 31.24 | 38.79 | 90.17 |
| ROCE % | 9.60% | 10.89% | 17.06% | 5.21% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| De-Oiled Rice Bran Capacity Utilization % |
|
||
| De-Oiled Rice Bran Production Volume MT per year |
|||
| Rice Bran Oil Capacity Utilization % |
|||
| Rice Bran Oil Production Volume MT per year |
|||
| Refined Rice Bran Oil Capacity Utilization % |
|||
| Top 10 Customers Share of Revenue % |
|||
| Uttar Pradesh Share of Revenue % |
|||
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
- Shareholders approved CS Manoj Kumar Agarwal as Secretarial Auditor for FY2025-26 to FY2029-30.
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
- 13th AGM held on 30 Sep 2026; FY26 revenue ₹154.26 crore and resolutions presented.
-
Closure of Trading Window
- Trading window closed from 1 Oct 2026 until 48 hours after 30 Sep 2026 results.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- WE HEREBY SUBMITTED THE NEWSPAPER ADVERTISEMENT FOR 13TH ANNUAL GENERAL MEETING OF THE COMPANY
-
Letter To The Members Providing Web-Link For Accessing The Integrated Annual Report For The Financial Year 2025-26
- 13th AGM on 30 September 2026; annual report FY26, e-voting from 27-29 September.
Business Overview:[1][2]
SEL is engaged in the business of manufacturing, distribution, marketing, sale, and processing of all kinds of non-edible oil, including solvent extracted rice bran oil and related by-products. The co. supplies its products across multiple states and to various FMCG customers, and also serves the cattle-feed, poultry-feed, and fish-feed segments through its by-products.