Solar Industries India Limited

NSEI:SOLARINDS Stock Report

Market Cap: ₹922.5b

Solar Industries India Future Growth

Future criteria checks 6/6

Solar Industries India is forecast to grow earnings and revenue by 27% and 23.4% per annum respectively. EPS is expected to grow by 27% per annum. Return on equity is forecast to be 30.9% in 3 years.

Key information

27.0%

Earnings growth rate

27.0%

EPS growth rate

Chemicals earnings growth23.7%
Revenue growth rate23.4%
Future return on equity30.9%
Analyst coverage

Low

Last updated30 Jan 2025

Recent future growth updates

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 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

Recent updates

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

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)

Earnings and Revenue Growth Forecasts

NSEI:SOLARINDS - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2027119,05020,42510,68919,8403
3/31/2026101,28417,4267,71817,4114
3/31/202581,69313,2101,42212,4224
9/30/202464,40510,1074,86212,777N/A
6/30/202460,8219,250N/AN/AN/A
3/31/202460,6958,3598,46314,060N/A
12/31/202363,8748,069N/AN/AN/A
9/30/202367,7008,0827,16511,935N/A
6/30/202369,8917,844N/AN/AN/A
3/31/202369,2257,5721,7746,565N/A
12/31/202263,1087,191N/AN/AN/A
9/30/202255,1706,1664154,030N/A
6/30/202247,3805,140N/AN/AN/A
3/31/202239,4764,4131042,978N/A
12/31/202134,2223,644N/AN/AN/A
9/30/202130,5013,4041483,019N/A
6/30/202128,4973,318N/AN/AN/A
3/31/202125,1562,7649173,567N/A
12/31/202022,7172,353N/AN/AN/A
9/30/202021,8912,1923132,637N/A
6/30/202021,0842,384N/AN/AN/A
3/31/202022,3732,6748583,248N/A
12/31/201923,6022,890N/AN/AN/A
9/30/201924,5262,9561112,584N/A
6/30/201924,6692,659N/AN/AN/A
3/31/201924,6162,6166153,138N/A
12/31/201823,6402,559N/AN/AN/A
9/30/201821,7662,415N/AN/AN/A
6/30/201820,6412,353N/AN/AN/A
3/31/201819,1612,206N/A2,541N/A
12/31/201717,8292,178N/AN/AN/A
9/30/201717,3872,112N/AN/AN/A
6/30/201716,4361,942N/AN/AN/A
3/31/201715,8001,865N/A1,176N/A
12/31/201616,2711,774N/AN/AN/A
9/30/201615,7501,717N/AN/AN/A
6/30/201615,7831,716N/AN/AN/A
3/31/201614,4861,637N/A2,433N/A
12/31/201514,9731,580N/AN/AN/A
9/30/201514,3161,522N/AN/AN/A
6/30/201513,9291,491N/AN/AN/A
3/31/201513,5191,474N/A2,305N/A
12/31/201413,0161,468N/AN/AN/A
9/30/201412,6601,405N/AN/AN/A
6/30/201412,2631,325N/AN/AN/A
3/31/201411,3301,184N/A1,700N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SOLARINDS's forecast earnings growth (27% per year) is above the savings rate (6.7%).

Earnings vs Market: SOLARINDS's earnings (27% per year) are forecast to grow faster than the Indian market (18.2% per year).

High Growth Earnings: SOLARINDS's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SOLARINDS's revenue (23.4% per year) is forecast to grow faster than the Indian market (11% per year).

High Growth Revenue: SOLARINDS's revenue (23.4% 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 (30.9%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/01 20:38
End of Day Share Price 2025/01/31 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 10 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