Company File · BSE 513119 · Latest filing Q1 FY27
Standalone = this company only. Consolidated = including its subsidiaries.
Onix Solar Energy Limited
Data as of 19 Oct 2026 close · BSE · Latest results Q1 FY27
ISIN INE173M01012 · ONIXSOLAR · Metals & Mining › Non - Ferrous Metals
Price & valuation · BSE close, 19 Oct 2026
Usual 32.6×
Above its usual level
- P/E
- 262.1×
- Usual P/E
- 32.6×
- Price/book
- 1.69×
- ROCE
- 7.0%
- ROE
- 6.7%
- Debt/equity
- 0.05×
- Promoter
- 53.15%
- Pledged
- 94.47%
Earnings callsNo earnings-call transcript from Onix Solar Energy in our data yet. When it files one on BSE, the call notes appear here within a few hours. See its call page
Is it expensive, and is it a good business?
Key ratios
In short Priced above its own usual level (P/E 262.1× vs 32.6×), earns low returns on capital (ROCE 7.0%) and has modest borrowings (debt to equity 0.05×).
What you pay Valuation
On standalone figures, buyers pay about ₹262 for every ₹1 the company earned per share over the last year. Above its 1-year median of 32.6×.
Uses standalone figures: the consolidated results we hold do not give four quarters of EPS (a quarter is missing or was filed without figures).
Latest BSE close ÷ last four quarters' basic EPS. Uses earnings per share from continuing operations, so a one-off gain from selling a business does not flatter it. Earlier quarters' EPS is restated on the latest share count after a split or bonus. EPS is restated for the split or bonus after the latest results: BSE now counts 10 times the shares that EPS was worked out on. As of 19th October 2026.
The share price is 1.7 times the accounting value of each share.
Latest BSE close ÷ book value per share (equity ÷ shares) on the latest balance-sheet date. As of 19th October 2026.
Needs four consecutive quarters.
Market value ÷ last 12 months' revenue. As of 19th October 2026.
Needs four consecutive quarters.
Enterprise value ÷ last 12 months' EBITDA. As of 19th October 2026.
The P/E of 262.1 divided by EPS growth of 2572.1% (counted as 100%) (the latest financial year vs the year before). Below 1 is often read as cheap for the growth; above 2 as expensive.
P/E ÷ 12-month EPS growth in % (the last four quarters vs the four before; when those are not all held, the latest financial year vs the year before). Growth above 100% counts as 100%; left blank when EPS fell or was below ₹1 a share a year earlier. Without one-off items when either year has large ones, as for the P/E. As of 19th October 2026.
The company paid no dividend in the last 12 months.
Dividends per share with an ex-date in the last 12 months (restated for any split or bonus since) ÷ the latest BSE close. As of 19th October 2026.
How well it uses money Returns & strength
Each ₹100 of shareholders' money and debt earned about ₹7.0 before interest & tax.
Uses closing capital because the balance sheet from a year earlier is not available yet.
Last 12 months' profit before interest & tax ÷ average (equity + borrowings). As of 31st March 2026.
For every ₹100 of shareholders' money, the company earned about ₹6.7 in a year.
Last 12 months' profit after tax (continuing operations where reported) ÷ average equity. As of 31st March 2026.
The money actually tied up in running the business (leaving out spare cash) earned about 7.0% after tax.
Last 12 months' operating profit after tax (profit before interest & tax × (1 − effective tax rate)) ÷ average invested capital (equity + borrowings − cash & bank balances). As of 31st March 2026.
Every ₹1 of assets generated about ₹0.29 of sales in a year.
Last 12 months' revenue ÷ average total assets. As of 31st March 2026.
Needs four consecutive quarters.
Last 12 months' profit before interest & tax ÷ finance costs. As of 30th June 2026.
For every ₹1 of shareholders' money, it has borrowed ₹0.05.
Borrowings ÷ shareholders' equity on the latest balance-sheet date. As of 31st March 2026.
Who owns it Ownership & more
The founders or parent group own 53.15% of the company.
Promoter & promoter group shareholding from the latest shareholding pattern filed with BSE. As of 30th September 2026.
Promoter holding rose by 2.93 percentage points last quarter.
Latest quarter's promoter holding minus the previous quarter's. As of 30th September 2026.
Promoter holding, quarter by quarter
- Sep 202653.15%
- Jun 202650.22%
Promoters have pledged 94.47% of their shares (185.1 lakh shares), 50.21% of the company.
Promoter group shares pledged ÷ all the promoter group's shares, from the shareholding pattern filed with BSE each quarter (other encumbrances, such as non-disposal undertakings, are not counted). As of 30th September 2026.
Pledged, quarter by quarter
- Sep 202694.47%
- Jun 20260.00%
After paying for new plant & equipment, operations left ₹-258 crore of cash.
Cash from operations − spending on plant & equipment, latest full year. As of 31st March 2026.
Each share has a face (nominal) value of ₹10. It matters for dividends quoted as a percentage, not for valuation.
Face value per share as BSE lists it today.
About 3.69 crore shares were in issue.
BSE's count of listed shares (BSE's market cap ÷ its price), so splits, bonuses & new shares since the latest results are included. The latest results filing gives 0.37 crore. As of 19th October 2026.
Your ratios
Ratios you added. Your choices are remembered on this device.
The stock market values the company at about ₹1,325 crore.
Latest BSE close × BSE's count of listed shares. As of 19th October 2026.
Buying the whole business, including its debt and keeping its cash, would cost about ₹1,360 crore.
Market value + borrowings − cash & bank balances. As of 19th October 2026.
Needs four consecutive quarters.
Sum of the last four quarters' reported profit after tax. As of 30th June 2026.
Needs four consecutive quarters.
Sum of the last four quarters' basic EPS. Uses earnings per share from continuing operations, so a one-off gain from selling a business does not flatter it. Earlier quarters' EPS is restated on the latest share count after a split or bonus. EPS is restated for the split or bonus after the latest results: BSE now counts 10 times the shares that EPS was worked out on. As of 30th June 2026.
Each share is backed by about ₹213 of net assets on the books.
Shareholders' equity ÷ shares. As of 31st March 2026.
Needs four consecutive quarters.
EBITDA ÷ revenue over the last four quarters. As of 30th June 2026.
About ₹22.1 of every ₹100 of sales became profit last quarter.
Profit after tax ÷ revenue for the latest quarter. As of 30th June 2026.
Needs the same quarter from last year.
Latest quarter's revenue vs the same quarter last year. As of 30th June 2026.
Needs the same quarter from last year with a positive profit.
Latest quarter's profit after tax vs the same quarter last year (continuing operations when a one-off discontinued item exists). As of 30th June 2026.
Short-term assets cover short-term bills 16.30 times.
Current assets ÷ current liabilities. As of 31st March 2026.
Customers take about 188 days to pay.
Trade receivables ÷ last 12 months' revenue × 365. As of 31st March 2026.
Stock on hand equals about 117 days of sales.
Inventories ÷ last 12 months' revenue × 365. As of 31st March 2026.
Needs four consecutive quarters.
Other income ÷ profit before tax, last 12 months. As of 30th June 2026.
Each ₹1 of profit brought in ₹-4.91 of operating cash.
Latest full year's cash from operations ÷ profit after tax. As of 31st March 2026.
Borrowings exceed cash by ₹35 crore.
Cash & bank balances − borrowings. As of 31st March 2026.
Needs reported tax expense that reconciles.
Tax expense ÷ profit before tax (continuing operations), last 12 months. As of 30th June 2026.
Everything the company owns earned 6.2% in a year.
Last 12 months' profit ÷ average total assets. As of 31st March 2026.
Needs four consecutive quarters.
Revenue − expenses + finance costs + depreciation, last four quarters. As of 30th June 2026.
Needs five financial years of cash flows.
Sum over five financial years of (cash from operations − capital expenditure).
The company spent ₹0 crore on plant & equipment.
Purchase of property, plant & equipment, latest full year. As of 31st March 2026.
Borrowings stood at ₹37 crore.
Current + non-current borrowings. As of 31st March 2026.
Foreign institutions own 0.00%.
Foreign institutional holding from the latest shareholding pattern. As of 30th September 2026.
Domestic institutions own 0.70%.
Domestic institutional holding (mutual funds, insurers, banks, pension funds). As of 30th September 2026.
The highest price in the last year was ₹1,125.9.
Highest intraday BSE price in the last 12 months (raw, not adjusted). As of 4th May 2026.
The lowest price in the last year was ₹226.1.
Lowest intraday BSE price in the last 12 months (raw, not adjusted). As of 5th December 2025.
The share price moved 4.3% over the last year.
Close today ÷ close a year ago − 1 (raw prices, dividends not included). As of 19th October 2026.
Needs positive 12-month EPS.
Dividends per share with an ex-date in the last 12 months ÷ the last four quarters' EPS. As of 30th June 2026.
Needs four financial years of results (three years of growth).
Compound annual growth in revenue over three financial years.
Needs four financial years of results (three years of growth).
Compound annual growth in profit after tax over three financial years.
Tap the i beside any ratio for a plain explanation.
How these are worked out
Price-based ratios use the latest BSE close (19th October 2026). Share count 3.69 crore, from paid-up capital in the 19th October 2026 filing. Figures are consolidated.
What you pay: Higher numbers mean you pay more for each rupee the company earns or owns.
How well it uses money: Higher returns mean each rupee in the business earns more. Lower debt means less strain.
Who owns it: A steady promoter stake with nothing pledged is a calm sign.
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Last 2 quarters ₹ crore · Consolidated
| ₹ crore | Q4 FY26 | Q1 FY27 |
|---|---|---|
| Revenue from operations | 76.7 | 94.5 |
| EBITDA | 29.6 | 28.1 |
| Operating margin | 38.7% | 29.7% |
| Profit after tax | 28.1 | 20.9 |
| Basic EPS (₹) | 11.21 | 5.67 |
Latest filings BSE
Corporate announcements 11
- 14 Oct 2026Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
- 5 Oct 2026Board Meeting Intimation for Under Regulation 29 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
- 2 Oct 2026Shareholder Meeting / Postal Ballot-Scrutinizer''s ReportAGM
Quarterly results 2
- 8 Oct 2026Result- Financial Result Quarter And Half Year Ended September 2026Financial Results
- 8 Oct 2026Board Meeting Outcome for Outcome Of Board Meeting
Conference calls 0
None in the filings we hold.
Investor presentations 0
None in the filings we hold.
Members see every filing, and what each means for the company in Corporate Intelligence.
The full Company File
- Price, P/E, P/B & returns charts
- Growth vs last year, explained
- Cash from operations vs profit
- Accounts checks
- Who owns it
- 8 quarters, balance sheet & cash flow
- Every BSE filing, in four panels
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