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Solar Industries India NSEI:SOLARINDS Stock Report

Last Price

₹8.78k

Market Cap

₹794.7b

7D

-1.3%

1Y

132.4%

Updated

28 Mar, 2024

Data

Company Financials +

Solar Industries India Limited

NSEI:SOLARINDS Stock Report

Market Cap: ₹794.7b

SOLARINDS Stock Overview

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.

SOLARINDS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance5/6
Financial Health6/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for SOLARINDS from our risk checks.

Solar Industries India Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Solar Industries India
Historical stock prices
Current Share Price₹8,781.75
52 Week High₹9,449.00
52 Week Low₹3,453.35
Beta-0.060
1 Month Change28.20%
3 Month Change30.54%
1 Year Change132.36%
3 Year Change579.49%
5 Year Change719.15%
Change since IPO16,494.39%

Recent News & Updates

Why We Like The Returns At Solar Industries India (NSE:SOLARINDS)

Feb 04
Why We Like The Returns At Solar Industries India (NSE:SOLARINDS)

Recent updates

Why We Like The Returns At Solar Industries India (NSE:SOLARINDS)

Feb 04
Why We Like The Returns At Solar Industries India (NSE:SOLARINDS)

Some Confidence Is Lacking In Solar Industries India Limited's (NSE:SOLARINDS) P/E

Jan 17
Some Confidence Is Lacking In Solar Industries India Limited's (NSE:SOLARINDS) P/E

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

Dec 30
Does Solar Industries India (NSE:SOLARINDS) Have A Healthy Balance Sheet?

Is Now The Time To Put Solar Industries India (NSE:SOLARINDS) On Your Watchlist?

Dec 12
Is Now The Time To Put Solar Industries India (NSE:SOLARINDS) On Your Watchlist?

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

Oct 19
Investors Shouldn't Overlook Solar Industries India's (NSE:SOLARINDS) Impressive Returns On Capital

Is Solar Industries India (NSE:SOLARINDS) A Risky Investment?

Sep 28
Is Solar Industries India (NSE:SOLARINDS) A Risky Investment?

Here's Why We Think Solar Industries India (NSE:SOLARINDS) Is Well Worth Watching

Aug 18
Here's Why We Think Solar Industries India (NSE:SOLARINDS) Is Well Worth Watching

Solar Industries India (NSE:SOLARINDS) Knows How To Allocate Capital Effectively

Jul 12
Solar Industries India (NSE:SOLARINDS) Knows How To Allocate Capital Effectively

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

Jun 24
We Think Solar Industries India (NSE:SOLARINDS) Can Stay On Top Of Its Debt

Solar Industries India (NSE:SOLARINDS) Is Increasing Its Dividend To ₹8.00

May 31
Solar Industries India (NSE:SOLARINDS) Is Increasing Its Dividend To ₹8.00

Here's Why We Think Solar Industries India (NSE:SOLARINDS) Is Well Worth Watching

May 05
Here's Why We Think Solar Industries India (NSE:SOLARINDS) Is Well Worth Watching

Why We Like The Returns At Solar Industries India (NSE:SOLARINDS)

Mar 18
Why We Like The Returns At Solar Industries India (NSE:SOLARINDS)

Solar Industries India (NSE:SOLARINDS) Has A Pretty Healthy Balance Sheet

Feb 26
Solar Industries India (NSE:SOLARINDS) Has A Pretty Healthy Balance Sheet

Do Solar Industries India's (NSE:SOLARINDS) Earnings Warrant Your Attention?

Jan 21
Do Solar Industries India's (NSE:SOLARINDS) Earnings Warrant Your Attention?

Shareholders Are Optimistic That Solar Industries India (NSE:SOLARINDS) Will Multiply In Value

Dec 15
Shareholders Are Optimistic That Solar Industries India (NSE:SOLARINDS) Will Multiply In Value

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

Nov 26
Does Solar Industries India (NSE:SOLARINDS) Have A Healthy Balance Sheet?

Analysts Just Published A Bright New Outlook For Solar Industries India Limited's (NSE:SOLARINDS)

Nov 08
Analysts Just Published A Bright New Outlook For Solar Industries India Limited's (NSE:SOLARINDS)

Solar Industries India (NSE:SOLARINDS) Is Investing Its Capital With Increasing Efficiency

Aug 29
Solar Industries India (NSE:SOLARINDS) Is Investing Its Capital With Increasing Efficiency

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

Aug 11
Does Solar Industries India (NSE:SOLARINDS) Deserve A Spot On Your Watchlist?

Solar Industries India (NSE:SOLARINDS) Seems To Use Debt Quite Sensibly

Jul 06
Solar Industries India (NSE:SOLARINDS) Seems To Use Debt Quite Sensibly

Solar Industries India (NSE:SOLARINDS) Looks To Prolong Its Impressive Returns

May 24
Solar Industries India (NSE:SOLARINDS) Looks To Prolong Its Impressive Returns

Analysts Just Shipped A Sizeable Upgrade To Their Solar Industries India Limited (NSE:SOLARINDS) Estimates

May 06
Analysts Just Shipped A Sizeable Upgrade To Their Solar Industries India Limited (NSE:SOLARINDS) Estimates

Here's Why We Think Solar Industries India (NSE:SOLARINDS) Is Well Worth Watching

Apr 28
Here's Why We Think Solar Industries India (NSE:SOLARINDS) Is Well Worth Watching

Is Solar Industries India (NSE:SOLARINDS) A Risky Investment?

Feb 21
Is Solar Industries India (NSE:SOLARINDS) A Risky Investment?

Solar Industries India Limited Just Recorded A 18% Revenue Beat: Here's What Analysts Think

Feb 02
Solar Industries India Limited Just Recorded A 18% Revenue Beat: Here's What Analysts Think

Here's Why We Think Solar Industries India (NSE:SOLARINDS) Is Well Worth Watching

Jan 27
Here's Why We Think Solar Industries India (NSE:SOLARINDS) Is Well Worth Watching

Why You Should Care About Solar Industries India's (NSE:SOLARINDS) Strong Returns On Capital

Jan 09
Why You Should Care About Solar Industries India's (NSE:SOLARINDS) Strong Returns On Capital

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

Nov 12
Does Solar Industries India (NSE:SOLARINDS) Have A Healthy Balance Sheet?

Should You Be Adding Solar Industries India (NSE:SOLARINDS) To Your Watchlist Today?

Oct 26
Should You Be Adding Solar Industries India (NSE:SOLARINDS) To Your Watchlist Today?

Capital Investments At Solar Industries India (NSE:SOLARINDS) Point To A Promising Future

Oct 04
Capital Investments At Solar Industries India (NSE:SOLARINDS) Point To A Promising Future

It Looks Like The CEO Of Solar Industries India Limited (NSE:SOLARINDS) May Be Underpaid Compared To Peers

Aug 24
It Looks Like The CEO Of Solar Industries India Limited (NSE:SOLARINDS) May Be Underpaid Compared To Peers

Investors Could Be Concerned With Solar Industries India's (NSE:SOLARINDS) Returns On Capital

Jul 06
Investors Could Be Concerned With Solar Industries India's (NSE:SOLARINDS) Returns On Capital

Is Solar Industries India (NSE:SOLARINDS) A Risky Investment?

Jun 02
Is Solar Industries India (NSE:SOLARINDS) A Risky Investment?

Solar Industries India (NSE:SOLARINDS) Could Be Struggling To Allocate Capital

Mar 25
Solar Industries India (NSE:SOLARINDS) Could Be Struggling To Allocate Capital

Is Solar Industries India Limited (NSE:SOLARINDS) A Smart Choice For Dividend Investors?

Mar 07
Is Solar Industries India Limited (NSE:SOLARINDS) A Smart Choice For Dividend Investors?

Is Solar Industries India (NSE:SOLARINDS) A Risky Investment?

Feb 17
Is Solar Industries India (NSE:SOLARINDS) A Risky Investment?

Why Solar Industries India's (NSE:SOLARINDS) CEO Pay Matters

Feb 02
Why Solar Industries India's (NSE:SOLARINDS) CEO Pay Matters

Update: Solar Industries India (NSE:SOLARINDS) Stock Gained 86% In The Last Five Years

Jan 18
Update: Solar Industries India (NSE:SOLARINDS) Stock Gained 86% In The Last Five Years

Is Solar Industries India Limited's (NSE:SOLARINDS) Recent Performance Tethered To Its Attractive Financial Prospects?

Jan 04
Is Solar Industries India Limited's (NSE:SOLARINDS) Recent Performance Tethered To Its Attractive Financial Prospects?

We're Watching These Trends At Solar Industries India (NSE:SOLARINDS)

Dec 17
We're Watching These Trends At Solar Industries India (NSE:SOLARINDS)

Shareholder Returns

SOLARINDSIN ChemicalsIN Market
7D-1.3%0.9%1.8%
1Y132.4%20.7%48.6%

Return vs Industry: SOLARINDS exceeded the Indian Chemicals industry which returned 20.6% over the past year.

Return vs Market: SOLARINDS exceeded the Indian Market which returned 47.3% over the past year.

Price Volatility

Is SOLARINDS's price volatile compared to industry and market?
SOLARINDS volatility
SOLARINDS Average Weekly Movement7.0%
Chemicals Industry Average Movement6.0%
Market Average Movement6.6%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.0%

Stable Share Price: SOLARINDS's share price has been volatile over the past 3 months.

Volatility Over Time: SOLARINDS's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19831,781Manish Nuwalhttps://solargroup.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₹794.66b
Earnings (TTM)₹8.07b
Revenue (TTM)₹63.87b

98.5x

P/E Ratio

12.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOLARINDS income statement (TTM)
Revenue₹63.87b
Cost of Revenue₹36.09b
Gross Profit₹27.78b
Other Expenses₹19.71b
Earnings₹8.07b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)89.17
Gross Margin43.49%
Net Profit Margin12.63%
Debt/Equity Ratio35.5%

How did SOLARINDS perform over the long term?

See historical performance and comparison

Dividends

0.09%

Current Dividend Yield

10%

Payout Ratio
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