Is Onix Solar Energy Ltd (513119) a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Onix Solar Energy Ltd is a below average quality company .

Is Onix Solar Energy Ltd (513119) undervalued or overvalued?

The key valuation ratios of Onix Solar Energy Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Onix Solar Energy Ltd (513119) share price return in the past 10 years?

Onix Solar Energy Ltd share price has appreciated 43.7% annually (CAGR) over the past ten years.

Is Onix Solar Energy Ltd (513119) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Onix Solar Energy Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Onix Solar Energy Ltd (513119)?

Company share prices are keep on changing according to the market conditions. The current trading price of Onix Solar Energy Ltd (513119) on 21-Apr-2026 09:54:00 at 09:54 is 962.90.

What is the P/E ratio of Onix Solar Energy?

The latest standalone P/E ratio of Onix Solar Energy as of 21-Apr-2026 is 155.04.

What is the P/B ratio of Onix Solar Energy Ltd (513119)?

The latest standalone P/B ratio of Onix Solar Energy Ltd (513119) as of 21-Apr-2026 is 3.12.

What is the 52-week high and low of Onix Solar Energy Ltd (513119)?

The 52-week high of Onix Solar Energy Ltd (513119) is Rs. 944.05 and the 52-week low is Rs. 152.71.

Onix Solar Energy Ltd (513119) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Onix Solar Energy Ltd (513119)
Brand: Onix Solar Energy

Onix Solar Energy Ltd (513119) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Onix Solar Energy Ltd (513119)

BSE: 513119 NSE:

Key Metrics

Market Cap

₹2,367 Cr.

P/E Ratio

155.04

Price to Book (P/B)

3.12

Price to Sales (P/S)

18.50

EV/EBITDA

148.45

Return on Capital Employed (ROCE)

32.85%

Current Price

₹962.9

Return on Equity (ROE)

31.31%

Return on Assets (ROA)

6.69%

Operating Profit Margin

3.8%

Net Profit Margin

4.95%

Gross Profit Margin

5.2%

Book Value per Share

₹302.8

Sales Growth (YoY)

293800%

Sales Growth (3 Years)

167.23%

Operating Profit Growth (1 Year)

NA%

Operating Profit Growth (3 Years)

N/A%

Net Profit Growth (1 Year)

590.48%

52-Week Low / High

₹153 / 944

Net Profit Growth (3 Years)

79.54%

Dividend Yield

0.00%

Promoter Holding

74.98%

Pledged shares (%)
of Promoter's holding (%)

21.81%

Check Before You Invest

Q.1 Revenue growth of Onix Solar Energy Ltd?

Onix Solar Energy Ltd revenue growth is 2,93,800% for FY-2025 , which is below its 5 year CAGR of 90.9% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of Onix Solar Energy Ltd?

Promoters hold 91.72% of the Onix Solar Energy Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Onix Solar Energy Ltd vs industry peers?

Onix Solar Energy Ltd revenue CAGR is 90.87% , compared to the industry median CAGR of 1.76% , indicating faster growth and gaining its market share.

Q.1 Which industry/sub-sector does Onix Solar Energy Ltd belong to?

Onix Solar Energy Ltd belongs to the Metals & Mining sector, operating specifically within the Metal - Non Ferrous segment.

Q.1 Stock return of Onix Solar Energy Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 42.6% based on the current price.

DeciZen - make an informed investing decision on Onix Solar Energy

Based on:

Data

Overall Rating ⓘ
Login to view analysis.

1. Quality

2. Valuation ⓘ

3. Price Trend

Onix Solar Energy stock performance

Key Ratios

Is Onix Solar Energy Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	-5.2%	-3.1%	-3%	5.1%	-8.6%	-13.7%	16.6%	79%	6.5%	32.9%	-
Value Creation Index ⓘ	-1.4	-1.2	-1.2	-0.6	-1.6	-2.0	0.2	4.6	-0.5	1.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	2.3	4	1.6	0.8	1.2	0.4	1.5	0	0	29.4	128
Sales YoY Gr.	-	68.8%	-60%	-51.3%	50.7%	-63.8%	266.7%	-98.7%	-50%	2,93,800%	-
Adj EPS ⓘ	-1.1	-0.7	-0.4	0.6	-1.2	-1.9	-3.9	1.9	-1.8	7	6.1
YoY Gr.	-	NA	NA	NA	-300%	NA	NA	NA	-193.7%	NA	-
BVPS (₹) ⓘ	10.1	9.5	9.2	9.8	8.6	6.6	7.8	17.9	18.9	25.9	302.8
Adj Net Profit ⓘ	-0.2	-0.1	-0.1	0.1	-0.3	-0.4	-0.8	0.4	-0.4	1.5	15
Cash Flow from Ops. ⓘ	0.1	-0.2	-0.1	-0.1	-0.4	0.2	1.1	-6.1	3.2	17.2	-
Debt/CF from Ops. ⓘ	39.6	-10.1	-24.8	-8.3	-3.1	9.5	0.1	-0.1	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	32.5%	90.9%	167.2%	293800%
Adj EPS ⓘ	NA	NA	NA	NA
BVPSⓘ	11.1%	24.8%	49.2%	37.2%
Share Price	43.7%	154.3%	204.5%	279.5%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-10.4	-6.9	-3.8	6.4	-13.2	-24.9	-52.1	14.5	-9.5	31	3.7
Op. Profit Mgn % ⓘ	-14	-9.5	-28.4	-33.1	-32.9	-154.9	-94.5	-3517.2	-4049.6	3.8	12.1
Net Profit Mgn % ⓘ	-10.1	-3.7	-4.8	16.9	-22	-95.2	-52.1	1642.4	-2805.9	5	11.9
Debt to Equity ⓘ	0.9	0.9	0.7	0.5	0.8	1.1	0.1	0.2	0	0	-
Working Cap Days ⓘ	776	522	1,436	2,623	1,460	3,910	1,382	88,044	66,185	237	59
Cash Conv. Cycle ⓘ	352	177	752	-415	-1,027	2,757	697	26,182	8,413	-2	8

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	6.1	-
TTM Sales (₹ Cr.)	128	-
BVPS (₹) ⓘ	302.8	-
Reserves (₹ Cr.) ⓘ	734	-
P/BV ⓘ	3.12	-
PE ⓘ	155.04	-

From the Market
52 Week Low / High (₹)	152.71 / 944.05
All Time Low / High (₹)	0.43 / 925.55
Market Cap (₹ Cr.)	2,367
Equity (₹ Cr.)	25.1
Face Value (₹)	10
Industry PE ⓘ	27.8

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

21.81

* Pledged shares as % of Promoter's holding (%)

Valuation of Onix Solar Energy - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	2	4	2	1	1	0	2	0	0	29
Operating Expenses ⓘ +	3	4	2	1	2	1	3	1	1	28
Manufacturing Costs	0	0	0	0	0	0	0	0	0	0
Material Costs	2	4	1	1	1	0	2	0	0	26
Employee Cost	0	0	0	0	0	0	0	0	0	1
Other Costs ⓘ	0	0	0	0	0	1	1	1	0	1
Operating Profit ⓘ	-0	-0	-0	-0	-0	-1	-1	-1	-1	1
Operating Profit Margin (%)	-14.0%	-9.5%	-28.4%	-33.4%	-32.9%	-157.0%	-94.5%	-3,517.2%	-4,049.6%	3.8%
Other Income ⓘ +	0	0	0	0	0	0	0	1	0	0
Exceptional Items ⓘ	0	0	0	0	0	0	2	2	1	0
Interest ⓘ	0	0	0	0	0	0	0	0	0	0
Depreciation ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	-0	-0	-0	0	-0	-0	0	2	0	2
Tax ⓘ	-0	-0	-0	0	-0	0	0	0	0	0
Profit After Tax	-0	-0	-0	0	-0	-0	0	2	0	1
PAT Margin (%)	-9.4%	-3.1%	-4.1%	16.6%	-22.0%	-97.1%	16.4%	8,744.4%	1,603.1%	5.0%
Adjusted EPS (₹)	-1.1	-0.6	-0.3	0.6	-1.2	-2.0	1.2	10.1	1.0	7.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	2	2	2	2	2	1	2	4	4	5
Share Capital ⓘ	2	2	2	2	2	2	2	2	2	2
Reserves ⓘ	0	0	-0	0	-0	-1	-0	2	2	3
Debt +	2	2	1	1	1	2	0	1	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	2	2	1	1	1	2	0	1	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	2	3	3	2	2	2	0	0	0	1
Others Liabilities ⓘ	0	0	0	0	0	0	5	0	0	33
Total Liabilities ⓘ	6	7	7	5	5	5	7	5	4	39
Fixed Assets
Net Fixed Assets ⓘ +	0	0	0	0	0	0	0	0	0	0
Gross Block	1	1	1	1	1	1	1	0	0	0
Accumulated Depreciation	0	1	1	1	1	1	1	0	0	0
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	4	2	2	2	1	1	0	0	0	0
Trade Receivables	1	4	4	3	4	4	3	0	0	0
Cash Equivalents	0	0	0	0	0	0	0	0	4	2
Others Assets ⓘ	0	0	0	0	0	0	4	4	0	37
Total Assets ⓘ	6	7	7	5	5	5	7	5	4	39

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	0	-0	-0	-0	-0	0	1	-6	3	17
PBT ⓘ	-0	-0	-0	0	-0	-0	0	2	0	2
Adjustment ⓘ	0	-0	-0	-0	-0	1	-1	-3	-1	-0
Changes in Working Capital ⓘ	0	0	0	0	-0	-0	2	-5	4	17
Tax Paid ⓘ	0	-0	0	-0	0	-0	-0	-0	-0	-0
Cash Flow From Investing Activity ⓘ +	0	0	0	0	0	-0	0	6	1	-19
Capex	0	-0	-0	0	-0	-0	0	6	0	-20
Net Investments	0	0	0	0	0	0	0	0	1	0
Others ⓘ	0	0	0	0	0	-0	0	0	0	0
Cash Flow From Financing Activity ⓘ +	0	-0	-0	-0	0	0	-2	0	-1	0
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	0	0	-0	-0	-0	0
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	-0	-0	-0	0	0	-2	0	-1	0
Net Cash Flow ⓘ	0	-0	-0	0	0	0	-0	-0	4	-2

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	-10.01	-6.1	-3.31	6.49	-13.47	-26.14	16.85	78.54	5.51	31.31
ROCE (%)	-5.21	-3.14	-2.98	5.08	-8.56	-13.68	16.56	78.97	6.53	32.85
Asset Turnover Ratio	0.43	0.65	0.24	0.13	0.23	0.09	0.25	0	0	1.35
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-3	N/A	17
Working Capital Days
Receivable Days	122	238	876	1,555	1,037	3,245	772	0	0	4
Inventory Days	578	249	499	998	394	592	125	5,400	8,664	0
Payable Days	253	220	842	1,444	547	1,663	224	5,249	559	6

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Onix Solar Energy Ltd FAQs

The current trading price of Onix Solar Energy on 21-Apr-2026 09:54 is ₹962.9.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Apr-2026 the market cap of Onix Solar Energy stood at ₹2,366.8 Cr

The latest P/E ratio of Onix Solar Energy as of 20-Apr-2026 is 155.0.

The latest P/B ratio of Onix Solar Energy as of 20-Apr-2026 is 3.12.

The 52-week high of Onix Solar Energy is ₹944.0 and the 52-week low is ₹152.7.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Onix Solar Energy is ₹128 ( Cr.) .

About Onix Solar Energy Ltd

ABC Gas (International) Limited, formally known as Brassco Extrusions Limited, was established in 1980. It was initially engaged in the manufacture and supply of Quality Copper Tubes for various applications. As part of the ABC Group, it enjoys the advantages of a rich experience in servicing industries and commercial requirements over the last decades.

The company earlier used to manufacture Copper Plumbing Systems. It used to manufacture specialized Copper Tubes for nearly all applications, especially water plumbing, gas, air-conditioning and refrigeration industries. It was ABC who first introduced the concept of Copper Plumbing in India since 1992, hitherto unheard of. Copper Plumbing is the most popular choice in the western world and is now the leading choice in India for many prestigious buildings and five star and deluxe hotel projects.

ABC GAS (International) Ltd. has been at the forefront of the international gas industry. To ABC the world is becoming increasingly smaller. Wherever natural gas or LPG is used ABC has the gas control products and connections one can depend on.

Centralized piped gas system or piped gas system is supplying LPG through pipeline network from a centralized cylinder bank or bulk installation to the customer kitchen. The system is designed through multiple pressure regulation stage to reach LPG to the users at low pressure to make it safe.

ABCGIL offers:

Total system design network analysis of distribution system
Supply, installation and commissioning of entire system
Inspection and maintenance of the facility
After sales, service and support
Hand on training to the consumers
Assured continuous supply of LPG in the system

Business line of the company:

The company is currently engaged in the business of trading gas meter and appliances known as a centralized piped system which supply natural gas.

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

Build a Stress-Tested Portfolio.

Our Sapphire Advisory uses the ABC Concept to ensure you never have to panic during a market correction.

Core Stocks

STABILITY

Booster Stocks

GROWTH

Amplifier Stocks

ASYMMETRY

● Conflict-Free ● SEBI Registered ● 15Y+ Track Record

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Onix Solar Energy Ltd (513119) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Onix Solar Energy Share Price