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Solar Industries India NSEI:SOLARINDS Stock Report

Last Price

₹15.33k

Market Cap

₹1.4t

7D

9.3%

1Y

53.2%

Updated

23 May, 2025

Data

Company Financials +

Solar Industries India Limited

NSEI:SOLARINDS Stock Report

Market Cap: ₹1.4t

SOLARINDS Stock Overview

Engages in the manufacture and sale of industrial explosives and explosive initiating devices in India and internationally. More details

SOLARINDS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance6/6
Financial Health6/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for SOLARINDS from our risk checks.

Community vs My Fair Value

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Solar Industries India Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Solar Industries India
Historical stock prices
Current Share Price₹15,334.00
52 Week High₹15,390.00
52 Week Low₹7,888.25
Beta-0.19
1 Month Change17.20%
3 Month Change73.26%
1 Year Change53.23%
3 Year Change496.33%
5 Year Change1,618.48%
Change since IPO28,875.81%

Recent News & Updates

Analysts Are Upgrading Solar Industries India Limited (NSE:SOLARINDS) After Its Latest Results

May 23
Analysts Are Upgrading Solar Industries India Limited (NSE:SOLARINDS) After Its Latest Results

Recent updates

Analysts Are Upgrading Solar Industries India Limited (NSE:SOLARINDS) After Its Latest Results

May 23
Analysts Are Upgrading Solar Industries India Limited (NSE:SOLARINDS) After Its Latest Results

Here's Why Solar Industries India (NSE:SOLARINDS) Has Caught The Eye Of Investors

Apr 25
Here's Why Solar Industries India (NSE:SOLARINDS) Has Caught The Eye Of Investors

Investors Appear Satisfied With Solar Industries India Limited's (NSE:SOLARINDS) Prospects As Shares Rocket 27%

Mar 29
Investors Appear Satisfied With Solar Industries India Limited's (NSE:SOLARINDS) Prospects As Shares Rocket 27%

Investors Shouldn't Overlook Solar Industries India's (NSE:SOLARINDS) Impressive Returns On Capital

Mar 15
Investors Shouldn't Overlook Solar Industries India's (NSE:SOLARINDS) Impressive Returns On Capital

The Price Is Right For Solar Industries India Limited (NSE:SOLARINDS)

Jan 28
The Price Is Right For Solar Industries India Limited (NSE:SOLARINDS)

Does Solar Industries India (NSE:SOLARINDS) Deserve A Spot On Your Watchlist?

Jan 10
Does Solar Industries India (NSE:SOLARINDS) Deserve A Spot On Your Watchlist?

Does Solar Industries India (NSE:SOLARINDS) Have A Healthy Balance Sheet?

Dec 23
Does Solar Industries India (NSE:SOLARINDS) Have A Healthy Balance Sheet?

Under The Bonnet, Solar Industries India's (NSE:SOLARINDS) Returns Look Impressive

Dec 05
Under The Bonnet, Solar Industries India's (NSE:SOLARINDS) Returns Look Impressive
author-image

Tactical Global Expansion And Defense Innovation Fuel Dynamic Growth Path

Significant growth expected from Indian defense contracts and international expansion, enhancing revenue stability and growth.

Solar Industries India Limited Recorded A 10% Miss On Revenue: Analysts Are Revisiting Their Models

Nov 17
Solar Industries India Limited Recorded A 10% Miss On Revenue: Analysts Are Revisiting Their Models

Solar Industries India Limited's (NSE:SOLARINDS) P/S Still Appears To Be Reasonable

Oct 28
Solar Industries India Limited's (NSE:SOLARINDS) P/S Still Appears To Be Reasonable

Solar Industries India (NSE:SOLARINDS) Ticks All The Boxes When It Comes To Earnings Growth

Oct 06
Solar Industries India (NSE:SOLARINDS) Ticks All The Boxes When It Comes To Earnings Growth

Under The Bonnet, Solar Industries India's (NSE:SOLARINDS) Returns Look Impressive

Aug 27
Under The Bonnet, Solar Industries India's (NSE:SOLARINDS) Returns Look Impressive

Solar Industries India Limited Recorded A 15% Miss On Revenue: Analysts Are Revisiting Their Models

Aug 09
Solar Industries India Limited Recorded A 15% Miss On Revenue: Analysts Are Revisiting Their Models

Investors Appear Satisfied With Solar Industries India Limited's (NSE:SOLARINDS) Prospects As Shares Rocket 40%

Jul 05
Investors Appear Satisfied With Solar Industries India Limited's (NSE:SOLARINDS) Prospects As Shares Rocket 40%

We Think Solar Industries India (NSE:SOLARINDS) Can Stay On Top Of Its Debt

Jun 09
We Think Solar Industries India (NSE:SOLARINDS) Can Stay On Top Of Its Debt

Shareholder Returns

SOLARINDSIN ChemicalsIN Market
7D9.3%0.7%-0.2%
1Y53.2%6.2%2.2%

Return vs Industry: SOLARINDS exceeded the Indian Chemicals industry which returned 5.4% over the past year.

Return vs Market: SOLARINDS exceeded the Indian Market which returned 1.3% over the past year.

Price Volatility

Is SOLARINDS's price volatile compared to industry and market?
SOLARINDS volatility
SOLARINDS Average Weekly Movement4.6%
Chemicals Industry Average Movement6.6%
Market Average Movement7.0%
10% most volatile stocks in IN Market9.6%
10% least volatile stocks in IN Market4.7%

Stable Share Price: SOLARINDS has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: SOLARINDS's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19831,886Manish Nuwalsolargroup.com

Solar Industries India Limited, together with its subsidiaries, engages in the manufacture and sale of industrial explosives and explosive initiating devices in India and internationally. It offers industrial explosives, such as bulk and packaged explosives; and initiating systems, including electronic, electric, non-electric, and plain detonators, as well as cord relays, cast boosters, detonating cords, and aluminum elemented det products. The company also provides defense products, including unmanned aerial systems and drones, ammunitions, military explosives, bombs and warheads, rockets, and drones armed with guided missiles, as well as counter drone systems and initiating systems and pyros comprising fuzes, detonators, ignitors, decoys and flares, and riot control devices.

Solar Industries India Limited Fundamentals Summary

How do Solar Industries India's earnings and revenue compare to its market cap?
SOLARINDS fundamental statistics
Market cap₹1.39t
Earnings (TTM)₹12.09b
Revenue (TTM)₹75.40b
114.7x
P/E Ratio
18.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOLARINDS income statement (TTM)
Revenue₹75.40b
Cost of Revenue₹39.07b
Gross Profit₹36.33b
Other Expenses₹24.24b
Earnings₹12.09b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)133.65
Gross Margin48.18%
Net Profit Margin16.04%
Debt/Equity Ratio20.7%

How did SOLARINDS perform over the long term?

See historical performance and comparison

Dividends

0.07%
Current Dividend Yield
7%
Payout Ratio

Does SOLARINDS pay a reliable dividends?

See SOLARINDS dividend history and benchmarks
When do you need to buy SOLARINDS by to receive an upcoming dividend?
Solar Industries India dividend dates
Ex Dividend DateJul 08 2025
Dividend Pay DateAug 21 2025
Days until Ex dividend45 days
Days until Dividend pay date89 days

Does SOLARINDS pay a reliable dividends?

See SOLARINDS dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/23 01:30
End of Day Share Price 2025/05/23 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Solar Industries India Limited is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rajesh ZawarAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.
Chirag MuchhalaCentrum Broking Limited