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Onix Solar Energy Ltd
ABCGASINTERNATIONALLTD NSE
Onix Solar Energy Ltd
CommoditiesNSE: ABCGASINTERNATIONALLTD BSE: 513119 Non - Ferrous Metals
Key Fundamentals
MicrocapCopperMetals & MiningMarket Cap
₹2,334 Cr
Volatility
Moderate
P/E Ratio
59
EBITDA
₹39.69 Cr
Return on Equity
26.85%
Debt to Equity
0
Book Value
₹229.02
52W High
₹782.21
52W Low
₹149.88
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Company is almost debt free.
- Company has delivered good profit growth of 152% CAGR over last 5 years
Weaknesses
6- Stock is trading at 2.98 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -35.3%
- Tax rate seems low
- Company has a low return on equity of 10.2% over last 3 years.
- Company has high debtors of 222 days.
Growth Rate
Revenue Growth
427.25% ↗
Net Income Growth
2579.33% ↗
Cash Flow Change
438.75% ↗
ROE
406.60% ↗
ROCE
335.45% ↗
EBITDA Margin (Avg.)
389.49% ↗
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 57 | 23 | 45 | 43 | 16 | 70 |
| Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52 | 23 | 44 | 44 | 2 | 45 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 1 | 1 | -1 | 14 | 25 |
| OPM % | — | — | — | -1600% | — | -23% | 38% | 9% | 3% | 3% | -1% | 88% | 36% |
| Other Income | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 6 | 1 | 1 | -1 | 14 | 26 |
| Tax % | 128% | 0% | 0% | 19% | 2% | 0% | 0% | 0% | 10% | 31% | 36% | 0% | 0% |
| Net Profit | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 6 | 1 | 1 | -1 | 14 | 26 |
| EPS in Rs | -1.17 | -0.26 | -0.4 | -0.57 | 1.8 | 0.11 | 0.43 | 17.89 | 1.83 | 2.66 | -2.17 | 3.9 | 6.96 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4 | 2 | 4 | 2 | 1 | 1 | 0 | 2 | 0 | 0 | 29 | 157 |
| Expenses | 4 | 3 | 4 | 2 | 1 | 2 | 1 | 3 | 0 | 1 | 28 | 117 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | -1 | -1 | 0 | -1 | 1 | 40 |
| OPM % | -2% | -14% | -9% | -28% | -34% | -33% | -157% | -94% | -750% | -5300% | 4% | 25% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 1 | 0 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 2 | 40 |
| Tax % | 6% | -4% | -8% | -36% | 19% | -4% | 0% | 0% | 11% | 19% | 5% | 0% |
| Net Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 1 | 40 |
| EPS in Rs | 0.46 | -0.63 | -0.34 | -0.17 | 0.37 | -0.74 | -1.17 | 0.71 | 5.97 | 0.6 | 4.14 | 10.89 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 25 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 2 | 2 | 3 | 759 |
| Borrowings | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 0 | 1 | 0 | 0 | 0 |
| Other Liabilities | 2 | 2 | 3 | 3 | 2 | 2 | 2 | 6 | 0 | 0 | 34 | 21 |
| Total Liabilities | 6 | 6 | 7 | 7 | 5 | 5 | 5 | 7 | 5 | 4 | 39 | 805 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 6 | 5 | 7 | 6 | 5 | 5 | 5 | 7 | 4 | 4 | 39 | 805 |
| Total Assets | 6 | 6 | 7 | 7 | 5 | 5 | 5 | 7 | 5 | 4 | 39 | 805 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | -6 | 3 | 17 | -739 |
| Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 1 | -19 | 1 |
| Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2 | 0 | -1 | 0 | 739 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | -2 | 0 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | -1 | 3 | -2 | -739 |
| CFO/OP | 325 | -15 | 38 | 16 | 38 | 124 | -27 | -81 | 4,060 | -640 | 1,597 | -1,861 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 41 | 189 | 386 | 859 | 1,337 | 1,193 | 3,242 | 654 | 0 | 0 | 4 | 222 |
| Inventory Days | 443 | 572 | 198 | 622 | 1,044 | 216 | 681 | 85 | 12,775 | 1,408 | 0 | 219 |
| Days Payable | 161 | 244 | 300 | 846 | 1,072 | 501 | 1,736 | 35 | 6,205 | 261 | — | 70 |
| Cash Conversion Cycle | 324 | 516 | 285 | 636 | 1,308 | 907 | 2,186 | 704 | 6,570 | 1,147 | 4 | 371 |
| Working Capital Days | 170 | 253 | 144 | 363 | 811 | 456 | 904 | 325 | 60,955 | 8,760 | 47 | 1,814 |
| ROCE % | 8% | -6% | -4% | -3% | 5% | -8% | -13% | -48% | -1% | -14% | 32% | 10% |
Documents
1
Board Meeting Outcome for Board Meeting Outcome For Outcome Of Board Meeting Of The Company Held Today I.E., May 11,2026
8h - Onix Solar approves rights issue of 1.18 crore shares at ₹51; record date May 15, 2026. 8h - Onix Solar approves rights issue of 1.18 crore shares at ₹51; record date May 15, 2026.
2
Intimation Of Record Date For Issuance Of Equity Shares Of The Company On Right Basis.
8h - Rights issue of 1,17,97,736 shares at ₹51; record date May 15, 2026. 8h - Rights issue of 1,17,97,736 shares at ₹51; record date May 15, 2026.
4
Board Meeting Intimation for Notice Of The Meeting Of The Rights Issue Committee Of The Board Of Onix Solar Energy Limited To Be Held On Monday, May 11, 2026
6 May - Rights Issue Committee meets May 11, 2026 to finalize terms for up to ₹130 crore rights issue. 6 May - Rights Issue Committee meets May 11, 2026 to finalize terms for up to ₹130 crore rights issue.
5
Results - Audited Standalone And Audited Consolidated Financial Results
27 Apr - Revised FY26 audited results submitted; 99% stake in Nexgenix Solar Manufacturing acquired. 27 Apr - Revised FY26 audited results submitted; 99% stake in Nexgenix Solar Manufacturing acquired.
Frequently Asked Questions about Onix Solar Energy Ltd
What does Onix Solar Energy Ltd do?
Incorporated in 1980, Onix Solar Energy Ltd is in the business of renewable energy solutions.[1]
Where is Onix Solar Energy Ltd (513119) listed?
Onix Solar Energy Ltd is listed on the Indian stock exchanges. It is listed on NSE: ABCGASINTERNATIONALLTD and BSE: 513119. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Onix Solar Energy Ltd belong to?
Onix Solar Energy Ltd operates in the Commodities sector within the Non - Ferrous Metals industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Onix Solar Energy Ltd?
Onix Solar Energy Ltd has a market capitalisation of approximately ₹2333.73 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Onix Solar Energy Ltd?
The Price-to-Earnings (PE) ratio of Onix Solar Energy Ltd is 59.00. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Onix Solar Energy Ltd?
Over the past 52 weeks, Onix Solar Energy Ltd has traded between a low of ₹149.88 and a high of ₹782.21. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Onix Solar Energy Ltd?
Onix Solar Energy Ltd has a Return on Equity (ROE) of 26.85%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Onix Solar Energy Ltd on Tapetide?
On Tapetide, you can view Onix Solar Energy Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1980, Onix Solar Energy Ltd is in the business of renewable energy solutions.[1]