Solex Energy Ltd vs Swelect Energy Systems Ltd Stock Comparison

Home

Insights

Stock Comparison

Last Updated on: May 27, 2026

Key Highlights

The Latest Trading Price of Solex Energy Ltd is ₹ 1271 as of 27 May 15:30 . The P/E Ratio of Solex Energy Ltd changed from 74.2 on March 2024 to 16.2 on March 2025 . This represents a CAGR of -53.27% over 2 yearsThe P/E Ratio of Swelect Energy Systems Ltd changed from 11.7 on March 2021 to 65.3 on March 2025 . This represents a CAGR of 41.04% over 5 years The Market Cap of Solex Energy Ltd changed from ₹ 648 crore on March 2024 to ₹ 681.85 crore on March 2025 . This represents a CAGR of 2.58% over 2 yearsThe Market Cap of Swelect Energy Systems Ltd changed from ₹ 304.84 crore on March 2021 to ₹ 822.06 crore on March 2025 . This represents a CAGR of 21.95% over 5 years The revenue of Solex Energy Ltd for the Mar '26 is ₹ 885.95 crore as compare to the Dec '25 revenue of ₹ 319.43 crore. This represent the growth of 177.35% The revenue of Swelect Energy Systems Ltd for the Mar '26 is ₹ 209.8 crore as compare to the Dec '25 revenue of ₹ 147.19 crore. This represent the growth of 42.54% The ebitda of Solex Energy Ltd for the Mar '26 is ₹ 98.77 crore as compare to the Dec '25 ebitda of ₹ 27.41 crore. This represent the growth of 260.34% The ebitda of Swelect Energy Systems Ltd for the Mar '26 is ₹ 42.77 crore as compare to the Dec '25 ebitda of ₹ 40.17 crore. This represent the growth of 6.47% The net profit of Solex Energy Ltd changed from ₹ 4 crore to ₹ 58.89 crore over 8 quarters. This represents a CAGR of 283.70% The net profit of Swelect Energy Systems Ltd changed from ₹ 6.59 crore to ₹ 11.09 crore over 8 quarters. This represents a CAGR of 29.72% The Dividend Payout of Solex Energy Ltd changed from 8.82 % on March 2021 to 1.5 % on March 2025 . This represents a CAGR of -29.83% over 5 yearsThe Dividend Payout of Swelect Energy Systems Ltd changed from 18.71 % on March 2021 to 53.01 % on March 2025 . This represents a CAGR of 23.16% over 5 years .

About Solex Energy Ltd

Solex Energy Limited (SEL) was originally incorporated on October 13, 2014 as 'Solex Energy Private Limited'.
Further the Company was converted into Public Limited Company and name of the Company was changed to 'Solex Energy Limited' on September 22, 2017. Headquartered in Gujarat, India, the Company stands as a prominent solar photovoltaic module manufacturer.
With the capability to produce modules using advanced MONO PERC and TOP-Con technology, Solex offers a diverse product range including Monofacial and Bi-facial modules across various power capacities. The Company is engaged providing renewable energy solutions, specialized in the manufacturing of Solar photovoltaic module, solar home light, solar street light, solar lantern, solar power plant, solar invertors, solar water heating systems and wood fired water heater etc.

About Swelect Energy Systems Ltd

Swelect Energy Systems Limited was erstwhile incorporated as 'Numeric Power System Limited' on September 12, 1994.
The Company's name was changed to 'Swelect Energy Systems Limited' from 'Numeric Power System Limited' in June, 2012.
The Company is engaged in the business of manufacturing and trading of Solar power projects, off-grid solar photovoltaic modules, based on crystalline silicon technology (c-Si), solar and wind power generation, contract manufacturing services, installation and maintenance services, sale of Solar Photovoltaic inverters and energy efficient lighting systems. The Company now manufactures UPS systems and have largest number of installations in the country.
The company has technical collaboration with M/s High Performance Drives Inc., USA for manufacture of high frequency MOSFET based UPS systems and power conditioners.

FAQs for the comparison of Solex Energy Ltd and Swelect Energy Systems Ltd

Which company has a larger market capitalization, Solex Energy Ltd or Swelect Energy Systems Ltd?

Market cap of Solex Energy Ltd is 1,373 Cr while Market cap of Swelect Energy Systems Ltd is 989 Cr

What are the key factors driving the stock performance of Solex Energy Ltd and Swelect Energy Systems Ltd?

The stock performance of Solex Energy Ltd and Swelect Energy Systems Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Solex Energy Ltd and Swelect Energy Systems Ltd?

As of May 27, 2026, the Solex Energy Ltd stock price is INR ₹1271.1. On the other hand, Swelect Energy Systems Ltd stock price is INR ₹652.85.

How do dividend payouts of Solex Energy Ltd and Swelect Energy Systems Ltd compare?

To compare the dividend payouts of Solex Energy Ltd and Swelect Energy Systems Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.