Why is Onix Solar Energy Ltd ?
1
Company has a low Debt to Equity ratio (avg) at 0.28 times
2
Healthy long term growth as Net Sales has grown by an annual rate of 90.90%
3
The company has declared positive results for the last 5 consecutive quarters
- NET SALES(9M) Higher at Rs 104.69 cr
- PBDIT(Q) Highest at Rs 14.26 cr.
- OPERATING PROFIT TO NET SALES(Q) Highest at 88.46%
4
Stock is technically in a Mildly Bullish range
- The technical trend has improved from Sideways on 03-Sep-26 and has generated 15.73% returns since then
- The stocks Bollinger Band and KST technical factors are also Bullish
5
Risky - No result in last 6 months
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of 108.19%, its profits have risen by 191% ; the PEG ratio of the company is 1.8
6
Market Beating Performance
- The stock has generated a return of 108.19% in the last 1 year, much higher than market (BSE500) returns of 0.64%
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Non - Ferrous Metals)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Onix Solar for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Onix Solar
106.48%
0.71
152.30%
Sensex
-11.8%
-0.48
13.44%
Quality key factors
Factor
Value
Sales Growth (5y)
90.90%
EBIT Growth (5y)
20.40%
EBIT to Interest (avg)
15.74
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.21
Tax Ratio
26.22%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.77%
ROCE (avg)
-15.66%
ROE (avg)
28.08%
Valuation Key Factors 
Factor
Value
P/E Ratio
28
Industry P/E
12
Price to Book Value
1.81
EV to EBIT
25.37
EV to EBITDA
25.37
EV to Capital Employed
1.81
EV to Sales
5.85
PEG Ratio
0.39
Dividend Yield
NA
ROCE (Latest)
6.90%
ROE (Latest)
6.16%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
No Trend
Technical Movement
16What is working for the Company
PAT(Latest six months)
At Rs 22.75 cr has Grown at 13,282.35%
NET SALES(Latest six months)
At Rs 125.62 cr has Grown at 41.83%
-9What is not working for the Company
NET SALES(Q)
At Rs 31.88 cr has Fallen at -43.0% (vs previous 4Q average
PBT LESS OI(Q)
At Rs 2.49 cr has Fallen at -85.1% (vs previous 4Q average
PAT(Q)
At Rs 1.92 cr has Fallen at -87.2% (vs previous 4Q average
Loading Valuation Snapshot...
Here's what is not working for Onix Solar
Net Sales - Quarterly
At Rs 31.88 cr has Fallen at -43.0% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 55.88 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 2.49 cr has Fallen at -85.1% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 16.70 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 1.92 cr has Fallen at -87.2% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 15.03 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)