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Onix Solar Energy Ltd
| Standalone Audited Financial Results for Quarter & FY Ended March 31, 2026
Report Source
⬤23rd Apr 26
Summary : Onix Solar Energy Limited reported exceptional financial growth in FY26, with significant increases in revenue, profit, assets, and equity, despite negative operating cash flow.
Quarterly Report Analysis & Insights
Financial Disclosures
- Purchase of Stock-in-Trade: Rs. 17,213.45 Lakhs (FY26) vs Rs. 2,618.16 Lakhs (FY25)
- Changes in Inventories: Rs. (6,452.35) Lakhs (FY26) vs Rs. 27.38 Lakhs (FY25)
- Employee Benefit Expenses: Rs. 366.76 Lakhs (FY26) vs Rs. 162.06 Lakhs (FY25)
- Finance Cost: Rs. 11.21 Lakhs (FY26) vs Rs. 0.00 Lakhs (FY25)
- Depreciation and Amortisation Expenses: Rs. 0.22 Lakhs (FY26) vs Rs. 0.77 Lakhs (FY25)
- Other expenses: Rs. 615.40 Lakhs (FY26) vs Rs. 19.93 Lakhs (FY25)
- Revenue from operations: Rs. 15,711.79 Lakhs (FY26) vs Rs. 2,938.53 Lakhs (FY25)
- Other Income: Rs. 62.29 Lakhs (FY26) vs Rs. 42.09 Lakhs (FY25)
- Net cash flow from operating activities: Rs. (73,879.64) Lakhs (FY26) vs Rs. 1,723.55 Lakhs (FY25)
- Net cash used in investing activities: Rs. 52.23 Lakhs (FY26) vs Rs. (1,928.91) Lakhs (FY25)
- Net cash used in financing activities: Rs. 73,852.07 Lakhs (FY26) vs Rs. (205.36) Lakhs (FY25)
- Net increase/decrease in cash and cash equivalents: Rs. 24.65 Lakhs (FY26) vs Rs. (205.36) Lakhs (FY25)
- Total Assets: Rs. 80,544.31 Lakhs (FY26) vs Rs. 3,937.94 Lakhs (FY25)
- Total Equity: Rs. 78,424.18 Lakhs (FY26) vs Rs. 541.51 Lakhs (FY25)
- Share Capital: Rs. 2,507.02 Lakhs (FY26) vs Rs. 198.00 Lakhs (FY25)
- Reserves and Surplus: Rs. 75,917.16 Lakhs (FY26) vs Rs. 343.51 Lakhs (FY25)
- Current Liabilities: Rs. 2,120.13 Lakhs (FY26) vs Rs. 3,396.43 Lakhs (FY25)
- Standalone financial results only
Corporate Overview
- Renewable Energy Sector Solar Module Products
Risk Factors
- Negative cash flow from operating activities.
- High purchase of stock-in-trade relative to revenue.
- Significant negative change in inventories.
- Reliance on external financing for growth.
Key Drivers
- Revenue from operations increased significantly year-on-year.
- Profit for the period showed substantial growth.
- Total assets and equity witnessed massive expansion.
- Earnings per share (EPS) grew impressively.
Auditor’s Report
- Unmodified opinion on standalone audited financial results