Solex Energy (NSE:SOLEX) Net Margin %: 6.54% (As of Mar. 2026) — 126% Above Median


NSE:SOLEX Solex Energy Ltd NSE:SOLEX
85 GF Score
Price ₹1,113.40
GF Value ₹3,959.09
Valuation Possible Value Trap
! 3 Warning Signs
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What is Solex Energy Net Margin %?

Solex Energy NSE:SOLEX -0.25% 85 Net Margin % is 6.54% as of Mar. 2026, which is 126% above its 10-year median of 2.90. GuruFocus rates NSE:SOLEX with a GF Score™ of 85/100 and a GF Value™ of ₹3,959.09 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,023 Semiconductors companies, Solex Energy ranks better than 53.86% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Solex Energy's Net Income for the three months ended in Mar. 2026 was ₹579 Mil. Solex Energy's Revenue for the three months ended in Mar. 2026 was ₹8,855 Mil. Therefore, Solex Energy's net margin for the quarter that ended in Mar. 2026 was 6.54%.

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

NSE:SOLEX' s Net Margin % Range Over the Past 10 Years
Min: 1.37   Med: 2.9   Max: 6.26
Current: 5.29


NSE:SOLEX's Net Margin % is ranked better than
53.86% of 1023 companies
in the Semiconductors industry
Industry Median: 4.15 vs NSE:SOLEX: 5.29

Solex Energy  (NSE:SOLEX) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Solex Energy Net Margin % Related Terms


Solex Energy Net Margin % Historical Data

* Premium members only.

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

Solex Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.37 1.68 2.39 6.26 5.93

Solex Energy Quarterly Data
Jul17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Net 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 10.43 5.63 3.36 2.74 6.54

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

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

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

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


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

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=960.07/16180.63
=5.93 %

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

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=579.08/8855.32
=6.54 %

* 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 Net Margin % →
What does a Net Margin % of 6.54% mean?
Solex Energy (NSE:SOLEX) has a Net Margin % of 6.54% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Solex Energy and its competitors. This is 126% above median its historical median of 2.90. Over the past decade, Solex Energy's Net Margin % has ranged from 1.37 to 6.26. According to the industry distribution chart, Solex Energy ranks #472 out of 1023 companies in the Semiconductors industry, placing it in the top 46.1%.
Is Solex Energy's Net Margin % too high?
Solex Energy's current Net Margin % of 6.54% is 126% above median its 10-year median of 2.90. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 6.26. The Semiconductors industry median Net Margin % is 4.15. Solex Energy's value of 6.54% is 57.6% above this industry median. Based on the distribution chart, Solex Energy ranks #472 out of 1023 companies in the Semiconductors industry, which is above 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 Net Margin % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Solex Energy ranks #472 out of 1023 companies for Net Margin %. This puts Solex Energy in the upper half of its industry. The industry median Net Margin % is 4.15. Solex Energy's value of 6.54% is 57.6% above this benchmark. Historically, Solex Energy's own Net Margin % has ranged from 1.37 to 6.26 over the past decade. While the company's 10-year median is 2.90 vs. the industry median of 4.15, Solex Energy has consistently been above 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 Net Margin % for a Semiconductors company?
The median Net Margin % among Semiconductors companies is 4.15, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Solex Energy's current Net Margin % of 6.54% is 57.6% above 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Solex Energy and its competitors. For the Semiconductors industry, the median Net Margin % is 4.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solex Energy's current Net Margin % is 6.54%, which is 126% above median its own 10-year median of 2.90. 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 ₹3,959.09, compared to a current price of ₹1,113.40 — trading 71.9% below its estimated fair value. The current Net Margin % is 6.54%, which is 126% above median its 10-year median of 2.90 and 57.6% above the Semiconductors industry median of 4.15. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Solex Energy (NSE:SOLEX), the current Net Margin % is 6.54% 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 ₹1,113.40 is trading 71.9% below its estimated GF Value™ of ₹3,959.09. GuruFocus considers Solex Energy to be Possible Value Trap.

Key valuation signals for NSE:SOLEX:

  • Net Margin %: 6.54% (126% above median its 10-year median of 2.90)
  • GF Value™: ₹3,959.09 vs. price of ₹1,113.40 (71.9% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 57.6% above the Semiconductors median (#472 of 1023)

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

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

₹1,113.40
Price
₹3,959.09
GF Value