Solex Energy (NSE:SOLEX) Gross Margin %: 16.02% (As of Mar. 2026) — 55% Above Median


NSE:SOLEX Solex Energy Ltd NSE:SOLEX
85 GF Score
Price ₹1,091.00
GF Value ₹3,961.16
Valuation Possible Value Trap
! 3 Warning Signs
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What is Solex Energy Gross Margin %?

Solex Energy NSE:SOLEX -2.01% 85 Gross Margin % is 16.02% as of Mar. 2026, which is 55% above its 10-year median of 10.32. GuruFocus rates NSE:SOLEX with a GF Score™ of 85/100 and a GF Value™ of ₹3,961.16 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,009 Semiconductors companies, Solex Energy ranks worse than 71.56% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Solex Energy's Gross Profit for the three months ended in Mar. 2026 was ₹1,418 Mil. Solex Energy's Revenue for the three months ended in Mar. 2026 was ₹8,855 Mil. Therefore, Solex Energy's Gross Margin % for the quarter that ended in Mar. 2026 was 16.02%.


The historical rank and industry rank for Solex Energy's Gross Margin % or its related term are showing as below:

NSE:SOLEX' s Gross Margin % Range Over the Past 10 Years
Min: 7.72   Med: 10.32   Max: 22.84
Current: 18.3


During the past 12 years, the highest Gross Margin % of Solex Energy was 22.84%. The lowest was 7.72%. And the median was 10.32%.

NSE:SOLEX's Gross Margin % is ranked worse than
71.56% of 1009 companies
in the Semiconductors industry
Industry Median: 29.61 vs NSE:SOLEX: 18.30

Solex Energy had a gross margin of 16.02% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Solex Energy was 20.90% per year.


Solex Energy  (NSE:SOLEX) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Solex Energy had a gross margin of 16.02% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Solex Energy Gross Margin % Related Terms


Solex Energy Gross Margin % Historical Data

* Premium members only.

The historical data trend for Solex Energy's Gross Margin % 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 Gross Margin % Chart

Solex Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.84 13.85 14.05 22.84 19.47

Solex Energy Quarterly Data
Jul17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Gross Margin % 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 30.64 23.32 32.71 17.61 16.02

NSE:SOLEX vs FSLR, NXT, ENPH: Gross Margin % Comparison

For the Solar subindustry, Solex Energy's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Solex Energy's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Solex Energy's Gross Margin % falls into.


NSE:SOLEX
85GF Score
Solex Energy Ltd NSE:SOLEX
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Solex Energy Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Solex Energy's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=3149.7 / 16180.63
=(Revenue - Cost of Goods Sold) / Revenue
=(16180.63 - 13030.89) / 16180.63
=19.47 %

Solex Energy's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1418.3 / 8855.32
=(Revenue - Cost of Goods Sold) / Revenue
=(8855.32 - 7436.98) / 8855.32
=16.02 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 16.02% mean?
Solex Energy (NSE:SOLEX) has a Gross Margin % of 16.02% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Solex Energy and its competitors. This is 55% above median its historical median of 10.32. Over the past decade, Solex Energy's Gross Margin % has ranged from 7.72 to 22.84. According to the industry distribution chart, Solex Energy ranks #722 out of 1009 companies in the Semiconductors industry, placing it in the top 71.6%.
Is Solex Energy's Gross Margin % too high?
Solex Energy's current Gross Margin % of 16.02% is 55% above median its 10-year median of 10.32. Over the past 10 years, this metric has ranged from a low of 7.72 to a high of 22.84. The Semiconductors industry median Gross Margin % is 29.61. Solex Energy's value of 16.02% is 45.9% below this industry median. Based on the distribution chart, Solex Energy ranks #722 out of 1009 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Solex Energy has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Solex Energy's Gross Margin % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Solex Energy ranks #722 out of 1009 companies for Gross Margin %. This places Solex Energy in the lower half of its industry. The industry median Gross Margin % is 29.61. Solex Energy's value of 16.02% is 45.9% below this benchmark. Historically, Solex Energy's own Gross Margin % has ranged from 7.72 to 22.84 over the past decade. While the company's 10-year median is 10.32 vs. the industry median of 29.61, Solex Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Semiconductors company?
The median Gross Margin % among Semiconductors companies is 29.61, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Solex Energy's current Gross Margin % of 16.02% is 45.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Solex Energy and its competitors. For the Semiconductors industry, the median Gross Margin % is 29.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solex Energy's current Gross Margin % is 16.02%, which is 55% above median its own 10-year median of 10.32. 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 ₹3,961.16, compared to a current price of ₹1,091.00 — trading 72.5% below its estimated fair value. The current Gross Margin % is 16.02%, which is 55% above median its 10-year median of 10.32 and 45.9% below the Semiconductors industry median of 29.61. Solex Energy's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Solex Energy (NSE:SOLEX), the current Gross Margin % is 16.02% 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 ₹1,091.00 is trading 72.5% below its estimated GF Value™ of ₹3,961.16. GuruFocus considers Solex Energy to be Possible Value Trap.

Key valuation signals for NSE:SOLEX:

  • Gross Margin %: 16.02% (55% above median its 10-year median of 10.32)
  • GF Value™: ₹3,961.16 vs. price of ₹1,091.00 (72.5% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 45.9% below the Semiconductors median (#722 of 1009)

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.
85GF Score

Get the complete analysis for NSE:SOLEX

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,091.00
Price
₹3,961.16
GF Value