Solar Industries India Future Growth
Future criteria checks 6/6
Solar Industries India is forecast to grow earnings and revenue by 29% and 25.3% per annum respectively. EPS is expected to grow by 29% per annum. Return on equity is forecast to be 31.5% in 3 years.
Key information
29.0%
Earnings growth rate
29.03%
EPS growth rate
| Chemicals earnings growth | 19.6% |
| Revenue growth rate | 25.3% |
| Future return on equity | 31.52% |
| Analyst coverage | Low |
| Last updated | 22 May 2025 |
Recent future growth updates
Analysts Are Upgrading Solar Industries India Limited (NSE:SOLARINDS) After Its Latest Results
May 23
Solar Industries India Limited Recorded A 10% Miss On Revenue: Analysts Are Revisiting Their Models
Nov 17Solar Industries India Limited Recorded A 15% Miss On Revenue: Analysts Are Revisiting Their Models
Aug 09Recent updates
Analysts Are Upgrading Solar Industries India Limited (NSE:SOLARINDS) After Its Latest Results
May 23Here's Why Solar Industries India (NSE:SOLARINDS) Has Caught The Eye Of Investors
Apr 25Investors Appear Satisfied With Solar Industries India Limited's (NSE:SOLARINDS) Prospects As Shares Rocket 27%
Mar 29Investors Shouldn't Overlook Solar Industries India's (NSE:SOLARINDS) Impressive Returns On Capital
Mar 15The Price Is Right For Solar Industries India Limited (NSE:SOLARINDS)
Jan 28Does Solar Industries India (NSE:SOLARINDS) Deserve A Spot On Your Watchlist?
Jan 10Does Solar Industries India (NSE:SOLARINDS) Have A Healthy Balance Sheet?
Dec 23Under The Bonnet, Solar Industries India's (NSE:SOLARINDS) Returns Look Impressive
Dec 05
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 17Solar Industries India Limited's (NSE:SOLARINDS) P/S Still Appears To Be Reasonable
Oct 28Solar Industries India (NSE:SOLARINDS) Ticks All The Boxes When It Comes To Earnings Growth
Oct 06Under The Bonnet, Solar Industries India's (NSE:SOLARINDS) Returns Look Impressive
Aug 27Solar Industries India Limited Recorded A 15% Miss On Revenue: Analysts Are Revisiting Their Models
Aug 09Investors Appear Satisfied With Solar Industries India Limited's (NSE:SOLARINDS) Prospects As Shares Rocket 40%
Jul 05We Think Solar Industries India (NSE:SOLARINDS) Can Stay On Top Of Its Debt
Jun 09Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 3/31/2027 | 126,231 | 22,032 | 1,884 | 22,881 | 5 |
| 3/31/2026 | 100,041 | 17,254 | -4,400 | 19,741 | 5 |
| 3/31/2025 | 75,403 | 12,094 | 14,616 | 24,676 | N/A |
| 12/31/2024 | 69,844 | 11,223 | N/A | N/A | N/A |
| 9/30/2024 | 64,405 | 10,107 | 4,862 | 12,777 | N/A |
| 6/30/2024 | 60,821 | 9,250 | N/A | N/A | N/A |
| 3/31/2024 | 60,695 | 8,359 | 8,463 | 14,060 | N/A |
| 12/31/2023 | 63,874 | 8,069 | N/A | N/A | N/A |
| 9/30/2023 | 67,700 | 8,082 | 7,165 | 11,935 | N/A |
| 6/30/2023 | 69,891 | 7,844 | N/A | N/A | N/A |
| 3/31/2023 | 69,225 | 7,572 | 1,774 | 6,565 | N/A |
| 12/31/2022 | 63,108 | 7,191 | N/A | N/A | N/A |
| 9/30/2022 | 55,170 | 6,166 | 415 | 4,030 | N/A |
| 6/30/2022 | 47,380 | 5,140 | N/A | N/A | N/A |
| 3/31/2022 | 39,476 | 4,413 | 104 | 2,978 | N/A |
| 12/31/2021 | 34,222 | 3,644 | N/A | N/A | N/A |
| 9/30/2021 | 30,501 | 3,404 | 148 | 3,019 | N/A |
| 6/30/2021 | 28,497 | 3,318 | N/A | N/A | N/A |
| 3/31/2021 | 25,156 | 2,764 | 917 | 3,567 | N/A |
| 12/31/2020 | 22,717 | 2,353 | N/A | N/A | N/A |
| 9/30/2020 | 21,891 | 2,192 | 313 | 2,637 | N/A |
| 6/30/2020 | 21,084 | 2,384 | N/A | N/A | N/A |
| 3/31/2020 | 22,373 | 2,674 | 858 | 3,248 | N/A |
| 12/31/2019 | 23,602 | 2,890 | N/A | N/A | N/A |
| 9/30/2019 | 24,526 | 2,956 | 111 | 2,584 | N/A |
| 6/30/2019 | 24,669 | 2,659 | N/A | N/A | N/A |
| 3/31/2019 | 24,616 | 2,616 | 615 | 3,138 | N/A |
| 12/31/2018 | 23,640 | 2,559 | N/A | N/A | N/A |
| 9/30/2018 | 21,766 | 2,415 | N/A | N/A | N/A |
| 6/30/2018 | 20,641 | 2,353 | N/A | N/A | N/A |
| 3/31/2018 | 19,161 | 2,206 | N/A | 2,541 | N/A |
| 12/31/2017 | 17,829 | 2,178 | N/A | N/A | N/A |
| 9/30/2017 | 17,387 | 2,112 | N/A | N/A | N/A |
| 6/30/2017 | 16,436 | 1,942 | N/A | N/A | N/A |
| 3/31/2017 | 15,800 | 1,865 | N/A | 1,176 | N/A |
| 12/31/2016 | 16,271 | 1,774 | N/A | N/A | N/A |
| 9/30/2016 | 15,750 | 1,717 | N/A | N/A | N/A |
| 6/30/2016 | 15,783 | 1,716 | N/A | N/A | N/A |
| 3/31/2016 | 14,486 | 1,637 | N/A | 2,433 | N/A |
| 12/31/2015 | 14,973 | 1,580 | N/A | N/A | N/A |
| 9/30/2015 | 14,316 | 1,522 | N/A | N/A | N/A |
| 6/30/2015 | 13,929 | 1,491 | N/A | N/A | N/A |
| 3/31/2015 | 13,519 | 1,474 | N/A | 2,305 | N/A |
| 12/31/2014 | 13,016 | 1,468 | N/A | N/A | N/A |
| 9/30/2014 | 12,660 | 1,405 | N/A | N/A | N/A |
| 6/30/2014 | 12,263 | 1,325 | N/A | N/A | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SOLARINDS's forecast earnings growth (29% per year) is above the savings rate (6.7%).
Earnings vs Market: SOLARINDS's earnings (29% per year) are forecast to grow faster than the Indian market (15% per year).
High Growth Earnings: SOLARINDS's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SOLARINDS's revenue (25.3% per year) is forecast to grow faster than the Indian market (9.3% per year).
High Growth Revenue: SOLARINDS's revenue (25.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SOLARINDS's Return on Equity is forecast to be high in 3 years time (31.5%)
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/27 01:58 |
| End of Day Share Price | 2025/05/27 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2025/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
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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.
| Analyst | Institution |
|---|---|
| Rajesh Zawar | Anand Rathi Shares and Stock Brokers Limited |
| null null | Antique Stockbroking Ltd. |
| Chirag Muchhala | Centrum Broking Limited |