KYC is one time exercise with a SEBI registered intermediary while dealing in securities markets (Broker/ DP/ Mutual Fund etc.). | No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.   |   Prevent unauthorized transactions in your account – Update your mobile numbers / email ids with your stock brokers. Receive information of your transactions directly from exchange on your mobile / email at the EOD | Filing Complaint on SCORES - QUICK & EASY a) Register on SCORES b) Mandatory details for filing complaints on SCORE - Name, PAN, Email, Address and Mob. no. c) Benefits - speedy redressal & Effective communication   |   BSE Prices delayed by 5 minutes... << Prices as on Oct 21, 2025 >>  ABB India 5242.45  [ 0.26% ]  ACC 1845  [ 0.74% ]  Ambuja Cements 567.75  [ 0.39% ]  Asian Paints Ltd. 2508.35  [ -0.22% ]  Axis Bank Ltd. 1235.9  [ 0.80% ]  Bajaj Auto 9109.7  [ -0.27% ]  Bank of Baroda 270.1  [ -0.48% ]  Bharti Airtel 2043.35  [ -0.39% ]  Bharat Heavy Ele 234.6  [ 0.34% ]  Bharat Petroleum 339.1  [ 0.43% ]  Britannia Ind. 6061  [ -0.14% ]  Cipla 1663.85  [ 1.50% ]  Coal India 391.05  [ 0.12% ]  Colgate Palm. 2259.4  [ 0.70% ]  Dabur India 506.2  [ 0.33% ]  DLF Ltd. 771.7  [ -0.26% ]  Dr. Reddy's Labs 1289.55  [ 0.56% ]  GAIL (India) 178.3  [ -0.06% ]  Grasim Inds. 2869  [ 0.47% ]  HCL Technologies 1487.85  [ -0.53% ]  HDFC Bank 1007.3  [ 0.40% ]  Hero MotoCorp 5630  [ -0.16% ]  Hindustan Unilever L 2592.3  [ -0.03% ]  Hindalco Indus. 785  [ -0.22% ]  ICICI Bank 1382.2  [ -0.63% ]  Indian Hotels Co 744.2  [ 0.12% ]  IndusInd Bank 758.35  [ -0.17% ]  Infosys L 1472  [ 0.72% ]  ITC Ltd. 412.85  [ -0.02% ]  Jindal Steel 1006.9  [ 0.13% ]  Kotak Mahindra Bank 2196  [ -0.82% ]  L&T 3887.1  [ 0.35% ]  Lupin Ltd. 1941.5  [ -0.17% ]  Mahi. & Mahi 3619.65  [ 0.60% ]  Maruti Suzuki India 16389.5  [ -0.26% ]  MTNL 41.84  [ 0.75% ]  Nestle India 1286.75  [ 0.14% ]  NIIT Ltd. 105.9  [ 1.53% ]  NMDC Ltd. 75.62  [ 0.48% ]  NTPC 342.1  [ 0.00% ]  ONGC 248.05  [ -0.22% ]  Punj. NationlBak 117.7  [ -0.34% ]  Power Grid Corpo 288.75  [ 0.36% ]  Reliance Inds. 1465.15  [ -0.11% ]  SBI 908.1  [ 0.14% ]  Vedanta 475.6  [ 0.35% ]  Shipping Corpn. 231.5  [ 2.39% ]  Sun Pharma. 1690.3  [ 0.10% ]  Tata Chemicals 912.6  [ 1.05% ]  Tata Consumer Produc 1174.6  [ -0.20% ]  Tata Motors Passenge 401.9  [ 0.55% ]  Tata Steel 172.8  [ 0.52% ]  Tata Power Co. 398.45  [ -0.30% ]  Tata Consultancy 3007.25  [ -0.23% ]  Tech Mahindra 1446.5  [ 0.12% ]  UltraTech Cement 12346.5  [ 0.08% ]  United Spirits 1359.55  [ -0.44% ]  Wipro 241.45  [ 0.08% ]  Zee Entertainment En 104.4  [ 0.24% ]  

Company Information

Indian Indices

  • Loading....

Global Indices

  • Loading....

Forex

  • Loading....

ONIX SOLAR ENERGY LTD.

21 October 2025 | 12:00

Industry >> Copper/Copper Alloys Products

Select Another Company

ISIN No INE173M01012 BSE Code / NSE Code 513119 / ONIXSOLAR Book Value (Rs.) 11.68 Face Value 10.00
Bookclosure 30/12/2020 52Week High 520 EPS 0.71 P/E 467.91
Market Cap. 679.88 Cr. 52Week Low 106 P/BV / Div Yield (%) 28.41 / 0.00 Market Lot 1.00
Security Type Other

ACCOUNTING POLICY

You can view the entire text of Accounting Policy of the company for the latest year.
Year End :2015-03 
i) Basis of preparation of financial statement:

The accounts have been prepared on the basis of historical cost convention, in accordance with the generally accepted accounting principles and the provisions of the Companies Act, 2013 as adopted consistently by the company

ii) Method of accounting:

Method of accounting of accounting employed by the company is on accural basis except in case of gratuity which is accounted on cash basis.

iii) Use of estimates:

The preparation of financial statements in conformity with the generally accepted accounting principles which requires estimates and assumptions to be made that affect the reported amount of assets and liabilities on the date of financial statements and the reported amount of revenues and expenses during the reporting period.

Differences between the actual results and estimates are recognised in the period in which the results are known or materialized.

iv) Fixed assets and depreciation:

Fixed assets are stated at cost of acquisition less accumulated depreciation. Depreciation is provided on Straight Line Method at the rates specified under Schedule II of the Companies Act, 2013, this being the first year.

Depreciation on additions and deletions are provided on prorata basis.

v)Inventories:

Inventories are valued at cost or realizable value whichever is lower. Projects under work in progress are carried at cost, comprising direct cost, and related incidental expenses.

vi) Investments:

Long term investments are stated at cost unless there is any permanent diminution in the vale of investments. Short term investment at cost/ market value whichever is less.

vii) Revenue Recognition:

Sales are recorded exclusive of Excise duty & Sales Tax and is recognized when the risks and rewards of the ownsership is transferred and there exists no uncertainty. Rent Income is booked on the accrual basis as per the agreement with the lessee.

viii) Taxes On Income: Current Tax is the amount of tax payable on the taxable income for the year as determined in accordance with the provisions of the Income Tax Act,1961. Deferred tax is recognized for all timing differences, subject to the consideration of prudence, applying the tax rates that have been substantively enacted by the Balance Sheet date.

viii) Provisions, Contingent liability and Contingent Assets:

Provisions involving substantial degree of estimation in measurement are recognized when there is a present obligation as a result of past event and it is payable that there will be an outflow of resources.

Contingent liabilities are not recognised but are disclosed in the financial statements. Contingent assets are neither recognised nor disclosed in the financial statements.

ix) Gratuity:

The company follows a policy of accounting for gratuity as and when it is paid and doesn't get the actuarial valuation done.