Solex Energy (NSE:SOLEX) Shares Outstanding (EOP): 11 Mil (As of Mar. 2026)


NSE:SOLEX Solex Energy Ltd NSE:SOLEX
84 GF Score
Price ₹1,076.90
GF Value ₹3,975.67
Valuation Possible Value Trap
! 3 Warning Signs
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What is Solex Energy Shares Outstanding (EOP)?

Solex Energy NSE:SOLEX +1.37% 84 Shares Outstanding (EOP) is 11 Mil as of Mar. 2026. GuruFocus rates NSE:SOLEX with a GF Score™ of 84/100 and a GF Value™ of ₹3,975.67 (Possible Value Trap). The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Solex Energy's shares outstanding for the quarter that ended in Mar. 2026 was 11 Mil.

Solex Energy's quarterly shares outstanding increased from Dec. 2025 (11 Mil) to Mar. 2026 (11 Mil). It means Solex Energy issued new shares from Dec. 2025 to Mar. 2026 .

Solex Energy's annual shares outstanding stayed the same from Mar. 2025 (11 Mil) to Mar. 2026 (11 Mil).


Solex Energy  (NSE:SOLEX) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Solex Energy Shares Outstanding (EOP) Related Terms


Solex Energy Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Solex Energy's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Solex Energy Shares Outstanding (EOP) Chart

Solex Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.00 10.00 10.00 10.80 10.80

Solex Energy Quarterly Data
Jul17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.80 10.80 10.80 10.80 10.80

NSE:SOLEX vs FSLR, NXT, ENPH: Shares Outstanding (EOP) Comparison

For the Solar subindustry, Solex Energy's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Solex Energy Shares Outstanding (EOP) vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Solex Energy's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Solex Energy's Shares Outstanding (EOP) falls into.


NSE:SOLEX
84GF Score
Solex Energy Ltd NSE:SOLEX
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Solex Energy Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 11 Mil mean?
Solex Energy (NSE:SOLEX) has a Shares Outstanding (EOP) of 11 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Solex Energy and its competitors.
Is Solex Energy's Shares Outstanding (EOP) too high?
Solex Energy's current Shares Outstanding (EOP) is 11 Mil. Overall, Solex Energy has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Solex Energy's Shares Outstanding (EOP) compare to FSLR and NXT?
Solex Energy's Shares Outstanding (EOP) of 11 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Semiconductors company?
A good Shares Outstanding (EOP) depends on the Semiconductors industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Solex Energy and its competitors. Solex Energy's current Shares Outstanding (EOP) is 11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solex Energy stock overvalued right now?
Based on GuruFocus' analysis, Solex Energy (NSE:SOLEX) is currently considered Possible Value Trap. The stock's GF Value™ is ₹3,975.67, compared to a current price of ₹1,076.90 — trading 72.9% below its estimated fair value. The current Shares Outstanding (EOP) is 11 Mil. Solex Energy's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Solex Energy (NSE:SOLEX), the current Shares Outstanding (EOP) is 11 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Solex Energy (NSE:SOLEX) Overvalued in 2026?

Based on GuruFocus' analysis, Solex Energy stock appears to be undervalued. The current stock price of ₹1,076.90 is trading 72.9% below its estimated GF Value™ of ₹3,975.67. GuruFocus considers Solex Energy to be Possible Value Trap.

Key valuation signals for NSE:SOLEX:

  • Shares Outstanding (EOP): 11 Mil
  • GF Value™: ₹3,975.67 vs. price of ₹1,076.90 (72.9% below fair value)
  • GF Score™: 84/100 with 3 warning signs

No single metric tells the full story. See the NSE:SOLEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solex Energy Business Description

Address Opposite R.T.O Pal, 8th Floor, 801-812, Rio Empire, Surat, GJ, IND, 395009
Solex Energy Ltd is a manufacturer of solar photovoltaic modules and is also engaged in the business of Engineering, Procurement, and Construction (EPC) in the solar energy market, where the manufactured modules are utilized. Its products are Tapi R, Tapi Trans, Tapi Series, Tapi Black, and Ganga.
84GF Score

Get the complete analysis for NSE:SOLEX

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,076.90
Price
₹3,975.67
GF Value