Solar Industries India Past Earnings Performance
Past criteria checks 5/6
Solar Industries India has been growing earnings at an average annual rate of 29.1%, while the Chemicals industry saw earnings growing at 16.6% annually. Revenues have been growing at an average rate of 27.9% per year. Solar Industries India's return on equity is 28.7%, and it has net margins of 12.6%.
Key information
29.1%
Earnings growth rate
29.1%
EPS growth rate
| Chemicals Industry Growth | 17.7% |
| Revenue growth rate | 27.9% |
| Return on equity | 28.7% |
| Net Margin | 12.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Solar Industries India makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 63,874 | 8,069 | 5,330 | 0 |
| 30 Sep 23 | 67,700 | 8,082 | 5,132 | 0 |
| 30 Jun 23 | 69,891 | 7,844 | 4,964 | 0 |
| 31 Mar 23 | 69,225 | 7,572 | 4,715 | 0 |
| 31 Dec 22 | 63,108 | 7,191 | 3,918 | 0 |
| 30 Sep 22 | 55,170 | 6,166 | 3,675 | 0 |
| 30 Jun 22 | 47,380 | 5,140 | 3,465 | 0 |
| 31 Mar 22 | 39,476 | 4,413 | 3,393 | 0 |
| 31 Dec 21 | 34,222 | 3,644 | 3,009 | 0 |
| 30 Sep 21 | 30,501 | 3,404 | 2,930 | 0 |
| 30 Jun 21 | 28,497 | 3,318 | 2,498 | 0 |
| 31 Mar 21 | 25,156 | 2,764 | 2,643 | 0 |
| 31 Dec 20 | 22,717 | 2,353 | 2,588 | 0 |
| 30 Sep 20 | 21,891 | 2,192 | 2,508 | 0 |
| 30 Jun 20 | 21,084 | 2,384 | 2,400 | 0 |
| 31 Mar 20 | 22,373 | 2,674 | 2,436 | 0 |
| 31 Dec 19 | 23,602 | 2,890 | 2,230 | 0 |
| 30 Sep 19 | 24,526 | 2,956 | 2,207 | 0 |
| 30 Jun 19 | 24,669 | 2,659 | 2,210 | 0 |
| 31 Mar 19 | 24,616 | 2,616 | 2,131 | 0 |
| 31 Dec 18 | 23,640 | 2,559 | 1,823 | 0 |
| 30 Sep 18 | 21,766 | 2,415 | 1,741 | 0 |
| 30 Jun 18 | 20,641 | 2,353 | 1,417 | 0 |
| 31 Mar 18 | 19,161 | 2,206 | 1,648 | 0 |
| 31 Dec 17 | 17,829 | 2,178 | 1,380 | 0 |
| 30 Sep 17 | 17,387 | 2,112 | 1,278 | 0 |
| 30 Jun 17 | 16,436 | 1,942 | 1,151 | 0 |
| 31 Mar 17 | 15,800 | 1,865 | 1,094 | 0 |
| 31 Dec 16 | 16,271 | 1,774 | 1,015 | 0 |
| 30 Sep 16 | 15,750 | 1,717 | 980 | 0 |
| 30 Jun 16 | 15,783 | 1,716 | 950 | 0 |
| 31 Mar 16 | 14,486 | 1,637 | 901 | 0 |
| 31 Dec 15 | 14,973 | 1,580 | 1,908 | 0 |
| 30 Sep 15 | 14,316 | 1,522 | 1,882 | 0 |
| 30 Jun 15 | 13,929 | 1,491 | 805 | 0 |
| 31 Mar 15 | 13,519 | 1,474 | 826 | 0 |
| 31 Dec 14 | 13,016 | 1,468 | 2,052 | 0 |
| 30 Sep 14 | 12,660 | 1,405 | 2,016 | 0 |
| 30 Jun 14 | 12,263 | 1,325 | 712 | 0 |
| 31 Mar 14 | 11,330 | 1,184 | 1,732 | 0 |
| 31 Dec 13 | 11,015 | 1,109 | 1,369 | 0 |
| 30 Sep 13 | 10,959 | 1,101 | 1,351 | 0 |
| 30 Jun 13 | 10,856 | 1,109 | 589 | 0 |
Quality Earnings: 532725 has high quality earnings.
Growing Profit Margin: 532725's current net profit margins (12.6%) are higher than last year (11.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 532725's earnings have grown significantly by 29.1% per year over the past 5 years.
Accelerating Growth: 532725's earnings growth over the past year (12.2%) is below its 5-year average (29.1% per year).
Earnings vs Industry: 532725 earnings growth over the past year (12.2%) exceeded the Chemicals industry -4.9%.
Return on Equity
High ROE: 532725's Return on Equity (28.7%) is considered high.