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Solar Industries India NSEI:SOLARINDS Stock Report

Last Price

₹9.79k

Market Cap

₹885.7b

7D

-5.9%

1Y

48.4%

Updated

21 Dec, 2024

Data

Company Financials +

Solar Industries India Limited

NSEI:SOLARINDS Stock Report

Market Cap: ₹885.7b

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 Performance5/6
Financial Health6/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for SOLARINDS from our risk checks.

My Notes

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Community Narratives

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₹11.70k
FV
16.3% undervalued intrinsic discount
28.28%
Revenue growth p.a.
0users have liked this narrative
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1users have followed this narrative
3 days ago author updated this narrative

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₹9,787.60
52 Week High₹13,298.00
52 Week Low₹6,275.00
Beta0.047
1 Month Change-1.86%
3 Month Change-11.75%
1 Year Change48.41%
3 Year Change314.04%
5 Year Change826.94%
Change since IPO18,395.09%

Recent News & Updates

Recent updates

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

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

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

May 04
Investors Shouldn't Overlook Solar Industries India's (NSE:SOLARINDS) Impressive Returns On Capital

If EPS Growth Is Important To You, Solar Industries India (NSE:SOLARINDS) Presents An Opportunity

Apr 07
If EPS Growth Is Important To You, Solar Industries India (NSE:SOLARINDS) Presents An Opportunity

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?

Shareholder Returns

SOLARINDSIN ChemicalsIN Market
7D-5.9%-3.8%-4.2%
1Y48.4%5.4%19.1%

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 19.1% over the past year.

Price Volatility

Is SOLARINDS's price volatile compared to industry and market?
SOLARINDS volatility
SOLARINDS Average Weekly Movement4.9%
Chemicals Industry Average Movement5.8%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.1%

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₹885.68b
Earnings (TTM)₹10.11b
Revenue (TTM)₹64.40b

87.6x

P/E Ratio

13.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOLARINDS income statement (TTM)
Revenue₹64.40b
Cost of Revenue₹33.40b
Gross Profit₹31.00b
Other Expenses₹20.90b
Earnings₹10.11b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)111.69
Gross Margin48.14%
Net Profit Margin15.69%
Debt/Equity Ratio29.7%

How did SOLARINDS perform over the long term?

See historical performance and comparison

Dividends

0.09%

Current Dividend Yield

9%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 23:24
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

Solar Industries India Limited is covered by 11 analysts. 4 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