Solar Industries India Limited

NSEI:SOLARINDS Stock Report

Market Cap: ₹930.1b

Solar Industries India Future Growth

Future criteria checks 6/6

Solar Industries India is forecast to grow earnings and revenue by 27.3% and 23.1% per annum respectively. EPS is expected to grow by 27.3% per annum. Return on equity is forecast to be 31.9% in 3 years.

Key information

27.3%

Earnings growth rate

27.3%

EPS growth rate

Chemicals earnings growth20.1%
Revenue growth rate23.1%
Future return on equity31.9%
Analyst coverage

Low

Last updated08 Aug 2024

Recent future growth updates

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

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?

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?

Earnings and Revenue Growth Forecasts

NSEI:SOLARINDS - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2027118,72320,32710,958N/A3
3/31/2026101,07217,3389,129N/A4
3/31/202581,50912,9874,017N/A4
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
12/31/201311,0151,109N/AN/AN/A
9/30/201310,9591,101N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SOLARINDS's forecast earnings growth (27.3% per year) is above the savings rate (6.7%).

Earnings vs Market: SOLARINDS's earnings (27.3% per year) are forecast to grow faster than the Indian market (16.8% per year).

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

Revenue vs Market: SOLARINDS's revenue (23.1% per year) is forecast to grow faster than the Indian market (9.9% per year).

High Growth Revenue: SOLARINDS's revenue (23.1% 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 (31.9%)


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