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Onix Solar Energy share price

Onix Solar Energy Ltd.

BSE: 513119 SECTOR: Metal - Non Ferrous  10k   10   0

180.85
+8.60 (4.99%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 180.85

Today's Low

₹ 180.85

52 Week High

₹ 172.25

52 Week Low

₹ 49.6

FinStar is Suspended!

FinStar can not be assigned to this company due to its dicey outlook and insufficient data. We will update the FinStar for this company as soon as the data is updated from its end.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

35.81 Cr.

Enterprise Value

32.11 Cr.

No. of Shares

0.2 Cr.

P/E

57.11

P/B

8.72

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  20.74

CASH

3.7 Cr.

DEBT

0 Cr.

Promoter Holding

0 %

EPS (TTM)

₹  3.17

Sales Growth

-45.19%

ROE

5.51 %

ROCE

6.53%

Profit Growth

-89.95 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-45.19%
3 Year-68.59%
5 Year-55.7%

Profit Growth

1 Year-89.95%
3 Year35.93%
5 Year10.45%

ROE%

1 Year5.51%
3 Year33.63%
5 Year12.26%

ROCE %

1 Year6.53%
3 Year34.02%
5 Year15.96%

Debt/Equity

0

Price to Cash Flow

11.2

Interest Cover Ratio

22.4874

CFO/PAT (5 Yr. Avg.)

0

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 0.00 0.00
Jun 2024 0.00 0.00
Mar 2024 1.21 0.00
Dec 2023 19.88 0.00
Sep 2023 29.37 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has significantly decreased its debt by 0.5755 Cr.
  • Company has been maintaining healthy ROE of 33.6335016325618% over the past 3 years.
  • Company has been maintaining healthy ROCE of 34.0198332408692% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy liquidity position with current ratio of 52.3268.

 Limitations

  • The company has shown a poor revenue growth of -68.5937391559672% for the Past 3 years.
  • The company has a low EBITDA margin of -1570.36833249789% over the past 5 years.
  • The company is trading at a high PE of 57.11.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 0 0.01 0 0.26 0.13
Total Expenditure 0.13 0.17 0.17 0.32 0.08
Operating Profit -0.13 -0.16 -0.17 -0.06 0.05
Other Income 0 0.01 0 0.1 0.1
Interest 0 0 0 0 0
Depreciation 0.01 0.01 0.01 0 0
Exceptional Items 0 0 0.83 0 0
Profit Before Tax -0.14 -0.16 0.65 0.04 0.15
Tax 0 0.03 0.01 0 0
Profit After Tax -0.14 -0.2 0.63 0.04 0.15
Adjusted EPS (Rs) -0.7 -0.99 3.19 0.21 0.75

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 1.16 0.42 1.54 0.02 0.01
Total Expenditure 1.55 1.09 2.99 0.86 0.54
Operating Profit -0.38 -0.67 -1.45 -0.84 -0.53
Other Income 0.15 0.29 0.35 0.82 0.01
Interest 0 0 0.13 0.02 0.01
Depreciation 0.03 0.03 0.02 0.03 0.03
Exceptional Items 0 0 1.5 2.42 0.83
Profit Before Tax -0.26 -0.41 0.25 2.36 0.26
Tax -0.01 0 0 0.27 0.05
Net Profit -0.26 -0.41 0.25 2.09 0.21
Adjusted EPS (Rs.) -1.29 -2.07 1.27 10.56 1.06

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 1.98 1.98 1.98 1.98 1.98
Total Reserves -0.16 -0.57 -0.32 1.77 1.98
Borrowings 0 0 0 0 0
Other N/C liabilities 0 0 0 0 0
Current liabilities 3.08 3.45 5.73 0.99 0.08
Total Liabilities 4.9 4.86 7.39 4.74 4.04
Assets
Net Block 0.2 0.16 0.14 0.19 0.02
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0.08 0.08 0.08 0.08 0
Loans & Advances 0.01 0.03 0.01 0.1 0
Other N/C Assets 0 0 0 0 0
Current Assets 4.61 4.58 7.16 4.36 4.02
Total Assets 4.9 4.86 7.39 4.74 4.04
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations -0.26 -0.41 0.25 2.36 0.26
Adjustment -0.11 0.69 -1.05 -3.2 -0.78
Changes in Assets & Liabilities -0.1 -0.11 1.97 -5.25 3.92
Tax Paid 0.04 -0.02 -0.04 -0.05 -0.19
Operating Cash Flow -0.43 0.16 1.13 -6.14 3.2
Investing Cash Flow 0.13 -0.33 0.37 5.66 1.05
Financing Cash Flow 0.32 0.18 -1.53 0.45 -0.59
Net Cash Flow 0.02 0.02 -0.03 -0.03 3.66

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 29.92 29.37 29.37 19.88 1.21
rohith shorewala - - - - 0.05
satish shorewala huf 1.16 1.16 1.16 1.16 1.16
shymalprasad shorewala - - - - 0.01
a b c tube industries ltd... 0.01 0.01 0.01 0.01 -
rohit s shorewala 4.35 4.35 4.35 4.35 -
rohith shorewala huf 0.05 0.05 0.05 0.05 -
shyamal prasad shorewala 12.43 12.44 12.44 12.44 -
shymalprasad shorewala hu... 0.01 0.01 0.01 0.01 -
vidhi rohith shorewala 3.65 3.65 3.65 1.88 -
neelam shorewala 7.59 7.59 7.59 - -
nishu s shorewala 0.13 0.13 0.13 - -
manisha ashish goenka 0.55 - - - -
smt santosh shorewala 0.01 - - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 70.63 80.12 98.79 100.00 100.00
3a capital services limit... 4.99 4.99 4.99 4.99 4.99
gopalkumar bhikhalal bald... - - 2.31 9.72 9.72
jainam uday shah - - - 1.04 1.42
kajal gopal baldha - - - 9.79 9.43
kanta devi samdaria - - - 1.57 1.57
llp - - 2.92 0.01 0.01
manoj kumar kanda - - - - 1.22
naresh k. aggarwala 2.15 2.15 2.15 2.15 2.15
pawan kumar kejriwal - - - - 1.06
preeti bhauka - - - 1.32 1.46
punitbhai bavanjibhai lak... - - - 4.61 4.61
krishna kumar dharamshi s... - 1.12 1.12 1.11 -
advanced energy - - 2.91 - -
arjun leasing and finance... - - 5.55 - -
froid finance and investm... - - 1.72 - -
highland finances and inv... - - 2.10 - -
jagdishkumar amrutlal akh... - 3.27 4.84 - -
komalay investrade privat... - - 1.29 - -

Ratings & Research Reports

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Company Presentations

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Company News

ABC Gas (Inter) - Quaterly Results 6 Nov, 7:30 PM ABC Gas (Inter) - Quaterly Results 6 Nov, 7:30 PM Abc Gas (International) informs about board meeting 24 Oct, 5:21 PM Abc Gas (International) informs about update 21 Oct, 2:19 PM Abc Gas (International) informs about compliance certificate 21 Oct, 2:14 PM ABC Gas (Inter) - Quaterly Results 14 Aug, 5:02 PM ABC Gas (Inter) - Quaterly Results 14 Aug, 5:02 PM ABC Gas (Inter) - Quaterly Results 15 May, 6:32 PM ABC Gas (Inter) - Quaterly Results 15 May, 6:32 PM ABC Gas (International) informs about disclosure 14 Mar, 11:32 AM ABC GAS (International) informs about disclosure 7 Mar, 10:12 AM ABC Gas (International) informs about disclosure 5 Mar, 12:04 PM ABC Gas (International) informs about outcome of board meeting 2 Mar, 4:18 PM ABC Gas (International) informs about outcome of board meeting 2 Mar, 3:26 PM ABC Gas (International) informs about disclosures 2 Mar, 3:17 PM ABC GAS (International) informs about disclosure 26 Feb, 9:55 AM Abc Gas (International) informs about disclosure 23 Feb, 3:54 PM ABC Gas (International) informs about disclosure 20 Feb, 10:42 AM ABC Gas (International) informs about disclosure 15 Feb, 12:00 PM Abc Gas (International) informs about disclosure 8 Feb, 2:52 PM ABC Gas (International) informs about disclosures 2 Feb, 4:12 PM ABC Gas (International) informs about disclosure 31 Jan, 12:22 PM Abc Gas (International) informs about disclosure 29 Jan, 1:51 PM ABC Gas (Inter) - Quaterly Results 20 Jan, 5:38 PM ABC Gas (Inter) - Quaterly Results 20 Jan, 5:38 PM ABC Gas (Inter) - Quaterly Results 20 Jan, 5:38 PM ABC Gas (International) informs about certificate 16 Jan, 5:30 PM ABC Gas (International) informs about disclosure 18 Dec, 10:38 AM Abc Gas (International) informs about disclosure 15 Dec, 3:07 PM ABC Gas (International) informs about disclosure 8 Dec, 12:30 PM ABC Gas (International) informs about disclosures 7 Dec, 12:21 PM ABC Gas (International) informs about disclosure 4 Dec, 2:37 PM Abc Gas (International) informs about disclosure 1 Dec, 1:52 PM ABC Gas (International) informs about disclosure 28 Nov, 2:55 PM ABC Gas (Inter) - Quaterly Results 27 Oct, 7:40 PM ABC Gas (Inter) - Quaterly Results 27 Oct, 7:40 PM ABC Gas (Inter) - Quaterly Results 11 Feb, 6:12 PM ABC Gas (Inter) - Quaterly Results 11 Feb, 6:12 PM ABC Gas (International) informs about board meeting 31 Jan, 2:57 PM ABC Gas (International) informs about revised unaudited financial results 22 Dec, 3:26 PM ABC Gas (International) informs about press release 3 Sep, 3:41 PM ABC Gas (International) informs about AGM 2 Sep, 11:53 AM ABC Gas (International) informs about AGM 2 Sep, 11:50 AM ABC Gas (International) informs about non-applicability of regulation 23(9) 6 Jun, 4:32 PM ABC Gas (International) informs about disclosure of material impact of COVID-19 18 Jul, 11:39 AM

Onix Solar Energy Stock Price Analysis and Quick Research Report. Is Onix Solar Energy an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Onix Solar Energy stock price today is Rs 180.85. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Onix Solar Energy . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Onix Solar Energy has a PE ratio of 57.1099251586825 which is high and comparatively overvalued .

  • Share Price: - The current share price of Onix Solar Energy is Rs 180.85. One can use valuation calculators of ticker to know if Onix Solar Energy share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Onix Solar Energy has ROA of 4.7857 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Onix Solar Energy has a Current ratio of 52.3268 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Onix Solar Energy has a ROE of 5.5104 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Onix Solar Energy has a Debt to Equity ratio of 0 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Onix Solar Energy has reported revenue growth of -45.1883 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Onix Solar Energy for the current financial year is -4049.61832061069 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Onix Solar Energy is Rs 0 and the yield is 0 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Onix Solar Energy is Rs 3.1667 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Onix Solar Energy in Ticker for free. Also, one can get the intrinsic value of Onix Solar Energy by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Onix Solar Energy
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