Onix Solar Energy Ltd
Incorporated in 1980, Onix Solar Energy Ltd is in the business of renewable energy solutions.[1]
- Market Cap ₹ 1,230 Cr.
- Current Price ₹ 336
- High / Low ₹ 782 / 150
- Stock P/E 27.2
- 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.
Peer comparison
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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: | 35% |
| 5 Years: | 111% |
| 3 Years: | 108% |
| 1 Year: | 70% |
| 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 |
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| Number of Solar Module Product Variants types |
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Extracted by Screener AI
Documents
Announcements
-
Board Meeting Intimation for Under Regulation 29 Of SEBI (LODR) Regulations, 2015
- Board meeting on 8 Oct 2026 to approve Q2 and half-year FY2026-27 results.
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- Submitted scrutinizer report for AGM held on 30 September 2026.
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- Submitted scrutinizer report for AGM held on 30 September 2026.
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Shareholder Meeting / Postal Ballot-Outcome of AGM
- Onix Solar held its 46th AGM on 30 Sep 2026; six resolutions included ₹1,000 crore borrowing powers.
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Closure of Trading Window
- Trading window closes from 1 October 2026 until 48 hours after Q2 and half-year results.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from web
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Annual Report 2021
from bse
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
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Annual Report 2015
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Annual Report 2013
from bse
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Annual Report 2012
from bse
Concalls
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Jun 2026PPT
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