Solex Energy Limited (NSE:SOLEX)

Solex Energy Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	168.46	120.47	1.91	1.33	3.85	20.68
Short-Term Investments	-	-	120.02	-	-	-
Cash & Short-Term Investments	168.46	120.47	121.92	1.33	3.85	20.68
Cash Growth	1711.54%	-1.19%	9039.66%	-65.38%	-81.37%	255.26%
Accounts Receivable	907.99	1,161	466.94	302.48	207.49	555.96
Other Receivables	-	51.89	42.85	21.5	6.89	18.64
Receivables	907.99	1,213	509.78	323.97	214.38	574.6
Inventory	3,172	1,795	663.86	303.81	142.44	84
Prepaid Expenses	-	28.08	6.27	6.32	2.5	1.91
Other Current Assets	441.38	464.8	204.23	191.74	97.84	52.06
Total Current Assets	4,689	3,622	1,506	827.17	461.01	733.25
Property, Plant & Equipment	2,781	1,118	544.25	553.12	247.06	8.58
Long-Term Investments	15.86	24.23	23.78	8.34	-	-
Other Intangible Assets	3.68	3.72	2.91	0.79	0.64	0.72
Other Long-Term Assets	40.83	35.42	42.6	18.39	18.74	15.41
Total Assets	7,531	4,803	2,120	1,408	727.45	757.95
Accounts Payable	1,526	916.68	535.67	278.2	125.65	318.44
Accrued Expenses	-	20.39	4.34	8.96	3.88	4.89
Short-Term Debt	1,177	608.55	401.9	149.05	60.16	102.13
Current Portion of Long-Term Debt	-	179.52	87.69	63.08	4.07	8.7
Current Income Taxes Payable	165.61	132.84	27.52	-	-	5.62
Other Current Liabilities	999.97	605.91	93.28	45.07	3.03	7.59
Total Current Liabilities	3,903	2,464	1,150	544.36	196.79	447.37
Long-Term Debt	1,497	686.93	472	447.28	130.01	10.17
Pension & Post-Retirement Benefits	-	-	-	0.17	-	-
Long-Term Deferred Tax Liabilities	12.5	19.34	11.95	4.8	0.19	0.47
Other Long-Term Liabilities	12.36	17.22	22.84	34.94	50.11	64.16
Total Liabilities	5,648	3,187	1,657	1,032	377.09	522.17
Common Stock	108.03	108.03	80	80	80	49.4
Additional Paid-In Capital	-	831.46	131.15	131.15	131.15	54.65
Retained Earnings	-	666.8	251.27	165.12	139.22	131.74
Comprehensive Income & Other	1,755	-0	-	-	-	-
Total Common Equity	1,863	1,606	462.42	376.27	350.36	235.78
Minority Interest	19.93	8.86	-	-	-	-
Shareholders' Equity	1,883	1,615	462.42	376.27	350.36	235.78
Total Liabilities & Equity	7,531	4,803	2,120	1,408	727.45	757.95
Total Debt	2,932	1,475	961.6	659.41	194.24	120.99
Net Cash (Debt)	-2,763	-1,355	-839.68	-658.08	-190.38	-100.32
Net Cash Per Share	-316.15	-141.23	-83.98	-65.81	-19.73	-16.23
Filing Date Shares Outstanding	10.8	10.8	10	10	10	6.18
Total Common Shares Outstanding	10.8	10.8	10	10	10	6.18
Working Capital	786.86	1,158	355.67	282.82	264.22	285.88
Book Value Per Share	172.54	148.70	46.24	37.63	35.04	38.18
Tangible Book Value	1,859	1,603	459.5	375.48	349.72	235.07
Tangible Book Value Per Share	172.20	148.35	45.95	37.55	34.97	38.07
Buildings	-	8.33	7.39	-	-	-
Machinery	-	1,154	606.65	533.84	33.11	33.17
Construction In Progress	-	16.21	0.95	8.39	240.78	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.