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ONIX Solar Energy LTD.

ONIXSOLAR·BSE·
₹359.45▼ -18.90 (-5.00%)
Market Cap1287.21 Cr
PE Ratio48.97
Volume21,488
Day High - Low372.70 - 359.45
52W High-Low464.20 - 262.45

Onix Solar Energy Ltd. (ONIXSOLAR): company summary

The company's business has improved significantly, with annual revenue jumping 293800.0% and annual net profit rising 590.5%.

Onix Solar Energy Ltd. (ONIXSOLAR) is a micro-cap Metals & Mining company valued at ₹1,287 crore operating in Copper on the NSE and BSE.

Recent price move
Onix Solar Energy Ltd. last traded at ₹359.45, sharply down 5.00% on the day.
Recent developments
2026-09-30: Promoter holding increased by 2.93 percentage points to 53.15%, with 94.47% of promoter shares pledged. 2026-09-30: Domestic institutional holding dropped by 0.07 percentage points to 0.70%.
Financial performance
The company's business has improved significantly, with annual revenue jumping 293800.0% and annual net profit rising 590.5%. However, the latest quarter saw revenue fall 25.2% compared to the same quarter a year earlier, while net profit swung from a loss to a profit.
Valuation multiples
The stock trades at 49.0 times earnings, 875.80 times book value.
Things to watch
The stock is 18.7% below its 52-week high. Promoter shares are heavily pledged at 94.47%, which could indicate liquidity pressure. The latest quarter revenue decline may signal weakening demand or pricing pressures.
Where it stands
Onix Solar Energy Ltd has delivered strong annual growth in revenue and net profit, but recent quarterly performance shows a reversal. Promoter pledging and the stock's distance from its 52-week high highlight potential risks. The company remains debt-free with healthy returns, but the recent revenue drop is a key concern.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.

DocStoX Score
4.9/10
Weak
Fair Value
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ROE
26.85%
Strong
P/E
48.97x
Expensive
Debt / Equity
0.00
Low
Industry
Metals & Mining
Copper
Overall View
Mixed

Price performance

Day₹359.45
₹372.70
52W₹262.45
₹464.20
DocStoX take

Supported by growth (10.0), but held back by valuation (0.0). Growth looks strong at 10.0, but that is offset by valuation at 0.0. We are calling it Mixed rather than resolving the conflict for you.

DocStoX score

Low confidence
4.9
/10
Weak
Quality
Solid
ROE 26.9%
Valuation
Expensive
P/E 49.0×
Growth
Strong
Revenue +55.5% 10Y CAGR
Risk
Elevated
D/E 0.00
Momentum
Soft
48% of 52-week range

At a glance

Market Cap
₹1,287 Cr
52W High / Low
₹464 / ₹262
Dividend Yield
—
Promoter Holding
53.15%
EPS (TTM)
₹7.34
Book Value
₹27.35

Key highlights

  • Profit compounding 151% a year
  • Revenue compounding 56% a year
  • Low leverage — D/E 0.00
  • 94% of promoter holding is pledged
  • Valuation is weak (0.0/10)
4 Positives2 Watchouts

Growth

Financials

Shareholding

Technicals

Peers

News

Forecasts

About the company

More data

Filings, corporate actions and ownership detail — opened on demand.

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