Solar Industries India Limited

NSEI:SOLARINDS Stock Report

Market Cap: ₹811.5b

Solar Industries India Management

Management criteria checks 1/4

Solar Industries India's CEO is Manish Nuwal, appointed in Apr 2021, has a tenure of 3.08 years. total yearly compensation is ₹117.60M, comprised of 35.7% salary and 64.3% bonuses, including company stock and options. directly owns 38.93% of the company’s shares, worth ₹315.97B. The average tenure of the management team and the board of directors is 3.1 years and 2.6 years respectively.

Key information

Manish Nuwal

Chief executive officer

₹117.6m

Total compensation

CEO salary percentage35.7%
CEO tenure3.1yrs
CEO ownership38.9%
Management average tenure3.1yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

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?

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?

CEO Compensation Analysis

How has Manish Nuwal's remuneration changed compared to Solar Industries India's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹8b

Sep 30 2023n/an/a

₹8b

Jun 30 2023n/an/a

₹8b

Mar 31 2023₹118m₹42m

₹8b

Dec 31 2022n/an/a

₹7b

Sep 30 2022n/an/a

₹6b

Jun 30 2022n/an/a

₹5b

Mar 31 2022₹51m₹30m

₹4b

Dec 31 2021n/an/a

₹4b

Sep 30 2021n/an/a

₹3b

Jun 30 2021n/an/a

₹3b

Mar 31 2021₹28m₹12m

₹3b

Dec 31 2020n/an/a

₹2b

Sep 30 2020n/an/a

₹2b

Jun 30 2020n/an/a

₹2b

Mar 31 2020₹28m₹12m

₹3b

Dec 31 2019n/an/a

₹3b

Sep 30 2019n/an/a

₹3b

Jun 30 2019n/an/a

₹3b

Mar 31 2019₹28m₹12m

₹3b

Dec 31 2018n/an/a

₹3b

Sep 30 2018n/an/a

₹2b

Jun 30 2018n/an/a

₹2b

Mar 31 2018₹28m₹12m

₹2b

Compensation vs Market: Manish's total compensation ($USD1.41M) is above average for companies of similar size in the Indian market ($USD940.71K).

Compensation vs Earnings: Manish's compensation has increased by more than 20% in the past year.


CEO

Manish Nuwal (49 yo)

3.1yrs

Tenure

₹117,600,000

Compensation

Mr. Manish Satyanarayan Nuwal serves as the Chief Executive Officer of Solar Industries India Limited. Mr. Nuwal has been the Managing Director at Solar Industries India Limited (formerly, Solar Explosives...


Leadership Team

NamePositionTenureCompensationOwnership
Manish Nuwal
CEO, MD & Executive Director3.1yrs₹117.60m38.93%
₹ 316.0b
Moneesh Agrawal
Joint Chief Financial Officer3yrs₹4.30mno data
Shalinee Mandhana
Joint Chief Financial Officer3yrs₹3.40mno data
Khushboo Pasari
Compliance Officer & Company Secretary16.6yrs₹2.30mno data
Suresh Menon
Executive Directorno data₹8.30mno data
Milind Deshmukh
Additional Whole Time Directorno data₹8.60mno data
Kedar Ambikar
General Manager of Corporate HR3yrsno datano data
Sanjay Singh
Senior General Manager of Safety3.3yrsno datano data
Prashant Joshi
Senior General Manager- IT3.3yrsno datano data

3.1yrs

Average Tenure

58yo

Average Age

Experienced Management: SOLARINDS's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Manish Nuwal
CEO, MD & Executive Director15.6yrs₹117.60m38.93%
₹ 316.0b
Suresh Menon
Executive Director6yrs₹8.30mno data
Milind Deshmukh
Additional Whole Time Director2.8yrs₹8.60mno data
Satyanarayan Nuwal
Non-Executive Chairmanno data₹3.50m11.11%
₹ 90.1b
Rashmi Prasad
Non-Executive Independent Director1.3yrsno datano data
Natrajan Ramkrishna
Additional Non-Executive Independent Director1.6yrs₹390.00kno data
Jagdish Belwal
Non-Executive Independent Director2.3yrs₹100.00kno data

2.6yrs

Average Tenure

63yo

Average Age

Experienced Board: SOLARINDS's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


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