Solex Energy (NSE:SOLEX) EPS without NRI: ₹66.24 (TTM As of Mar. 2026)


NSE:SOLEX Solex Energy Ltd NSE:SOLEX
84 GF Score
Price ₹998.00
GF Value ₹3,994.31
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Solex Energy EPS without NRI?

Solex Energy NSE:SOLEX -2.00% 84 EPS without NRI is ₹66.24 as of Mar. 2026. GuruFocus rates NSE:SOLEX with a GF Score™ of 84/100 and a GF Value™ of ₹3,994.31 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 758 Semiconductors companies, Solex Energy ranks better than 98.55% on this metric.

Solex Energy's earnings per share without non-recurring items for the three months ended in Mar. 2026 was ₹53.51. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was ₹66.24.

During the past 12 months, Solex Energy's average earnings per share (NRI) Growth Rate was 121.60% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 219.70% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 134.10% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 34.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Solex Energy's EPS without NRI or its related term are showing as below:

NSE:SOLEX' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -48.4   Med: 61.9   Max: 227.5
Current: 219.7

During the past 12 years, Solex Energy's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 227.50% per year. The lowest was -48.40% per year. And the median was 61.90% per year.

NSE:SOLEX's 3-Year EPS without NRI Growth Rate is ranked better than
98.55% of 758 companies
in the Semiconductors industry
Industry Median: -4.2 vs NSE:SOLEX: 219.70

Solex Energy's EPS (Diluted) for the three months ended in Mar. 2026 was ₹53.61. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹66.51.

Solex Energy's EPS (Basic) for the three months ended in Mar. 2026 was ₹53.61. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹66.51.


Solex Energy  (NSE:SOLEX) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Solex Energy EPS without NRI Related Terms


Solex Energy EPS without NRI Historical Data

* Premium members only.

The historical data trend for Solex Energy's EPS without NRI 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 EPS without NRI Chart

Solex Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 2.71 10.92 39.98 88.61

Solex Energy Quarterly Data
Jul17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
EPS without NRI 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 13.01 13.25 4.83 7.90 53.51

NSE:SOLEX vs FSLR, NXT, ENPH: EPS without NRI Comparison

For the Solar subindustry, Solex Energy's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Solex Energy's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Solex Energy's PE Ratio without NRI falls into.


NSE:SOLEX
84GF Score
Solex Energy Ltd NSE:SOLEX
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solex Energy EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹66.24

* 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.

Frequently Asked Questions Learn more about EPS without NRI →
What does a EPS without NRI of ₹66.24 mean?
Solex Energy (NSE:SOLEX) has a EPS without NRI of ₹66.24 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Solex Energy and its competitors. According to the industry distribution chart, Solex Energy ranks #11 out of 758 companies in the Semiconductors industry, placing it in the top 1.5%.
Is Solex Energy's EPS without NRI too high?
Solex Energy's current EPS without NRI is ₹66.24. Based on the distribution chart, Solex Energy ranks #11 out of 758 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. 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 EPS without NRI compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Solex Energy ranks #11 out of 758 companies for EPS without NRI. This places Solex Energy in the top 2% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Semiconductors company?
A good EPS without NRI depends on the Semiconductors industry context. However, EPS without NRI 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 EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Solex Energy and its competitors. Solex Energy's current EPS without NRI is ₹66.24. 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 ₹3,994.31, compared to a current price of ₹998.00 — trading 75% below its estimated fair value. The current EPS without NRI is ₹66.24. 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 EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Solex Energy (NSE:SOLEX), the current EPS without NRI is ₹66.24 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 ₹998.00 is trading 75% below its estimated GF Value™ of ₹3,994.31. GuruFocus considers Solex Energy to be Possible Value Trap.

Key valuation signals for NSE:SOLEX:

  • EPS without NRI: ₹66.24
  • GF Value™: ₹3,994.31 vs. price of ₹998.00 (75% 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

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹998.00
Price
₹3,994.31
GF Value