Onix Solar Energy Ltd.
NSE: ONIXSOLAR · Non - Ferrous Metals · sector
Key numbers
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 6 companies in Non - Ferrous Metals (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹2 cr vs borrowings ₹57 cr (FY26): borrowings are higher by ₹55 cr.
- Operating profit covered interest 40.2x in the last 12 months.
- Net loss in 1 of the last 7 quarters.
- Other income was 1% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹298.35 on 2026-10-26: -35.7% from the 52-week high, +13.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 23 | 45 | 43 | 16 | 77 | 95 | 32 |
| EBITDA | 1 | 1 | -1 | 14 | 30 | 28 | 2 |
| OPM % | 2.6% | 2.7% | -1.4% | 88.5% | 38.6% | 29.7% | 6.9% |
| Other income | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Net profit | 1 | 1 | -1 | 14 | 15 | 21 | 1 |
| EPS (₹) | 3.22 | 5.10 | 3.82 | 5.32 | 6.02 | 5.67 | 0.40 |
| Revenue YoY | +229.2% | +109.1% | -25.2% | ||||
| Profit YoY | +2,256.2% | +1,969.3% | – |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 2 | 0 | 0 | 29 | 165 | 220 |
| EBITDA | 0 | 2 | 0 | 1 | 47 | 74 |
| Net profit | 0 | 2 | 0 | 1 | 31 | 52 |
| EPS (₹) | 1.27 | 10.55 | 1.06 | 7.34 | 12.56 | 17.41 |
| Revenue growth | -98.7% | -50.0% | +2,93,800.0% | +462.8% | – | |
| Profit growth | +736.0% | -90.0% | +590.5% | +2,071.0% | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +1,922.3% | – | – |
| Net profit | +147.0% | – | – |
| EPS | +6.0% | – | – |
| Share price | – | – (2y) | – |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 5 | 776 |
| Borrowings | 0 | 57 |
| Cash & equivalents | 2 | 2 |
| Total assets | 39 | 866 |
| Fixed assets | 0 | 2 |
| Capital work in progress | 0 | 0 |
| Investments | 0 | 83 |
| Receivables | 0 | 119 |
| Inventory | 0 | 77 |
| Payables | 1 | 19 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 17 | -236 |
| Cash from investing | -19 | -82 |
| Cash from financing | 0 | 318 |
| Capex | 0 | 0 |
| Free cash flow | 17 | -236 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 26.9% | 4.1% |
| ROCE % | 28.1% | 5.7% |
| Debtor days | 4 | 262 |
| Inventory days | 0 | 264 |
| Payable days | 12 | 65 |
| Cash conversion cycle (days) | -8 | 461 |
| Working capital days | 67 | 499 |
Peers in Non - Ferrous Metals
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| HINDZINC | ₹2,09,982 cr | 10.1x | 7.0x | 95.4% | 78.8% | 58.2% | +7.1% | 2.01% |
| HINDCOPPER | ₹39,382 cr | 34.7x | 11.8x | 37.9% | 44.4% | 47.5% | +22.4% | 0.60% |
| ONIXSOLAR | ₹953 cr | 17.1x | 1.1x | 12.0% | 8.1% | 33.8% | +1,922.3% | – |
| SIZEMASTER | ₹379 cr | 94.4x | 20.9x | 25.6% | 27.9% | 14.6% | +275.4% | – |
| BHAGYANGR | ₹225 cr | 3.6x | 0.9x | 27.0% | 23.8% | 4.9% | +8.8% | – |
| MSCTC | ₹175 cr | 21.2x | 1.9x | 7.0% | 5.5% | 5.2% | – | – |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Commodities |
| Industry | Non - Ferrous Metals |
| Sub-industry | Copper |
| Symbol | ONIXSOLAR |
| BSE code | 513119 |
| ISIN | INE173M01012 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = NSE close 2026-10-26.