Solar Industries India Limited

NSEI:SOLARINDS Stock Report

Market Cap: ₹865.0b

Solar Industries India Past Earnings Performance

Past criteria checks 5/6

Solar Industries India has been growing earnings at an average annual rate of 31%, while the Chemicals industry saw earnings growing at 14.4% annually. Revenues have been growing at an average rate of 26.1% per year. Solar Industries India's return on equity is 27.4%, and it has net margins of 15.7%.

Key information

31.0%

Earnings growth rate

31.0%

EPS growth rate

Chemicals Industry Growth17.7%
Revenue growth rate26.1%
Return on equity27.4%
Net Margin15.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

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)

Revenue & Expenses Breakdown

How Solar Industries India makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NSEI:SOLARINDS Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2464,40510,1075,7530
30 Jun 2460,8219,2505,3390
31 Mar 2460,6958,3595,0290
31 Dec 2363,8748,0695,3300
30 Sep 2367,7008,0825,1320
30 Jun 2369,8917,8444,9640
31 Mar 2369,2257,5724,7150
31 Dec 2263,1087,1913,9180
30 Sep 2255,1706,1663,6750
30 Jun 2247,3805,1403,4650
31 Mar 2239,4764,4133,3930
31 Dec 2134,2223,6443,0090
30 Sep 2130,5013,4042,9300
30 Jun 2128,4973,3182,4980
31 Mar 2125,1562,7642,6430
31 Dec 2022,7172,3532,5880
30 Sep 2021,8912,1922,5080
30 Jun 2021,0842,3842,4000
31 Mar 2022,3732,6742,4360
31 Dec 1923,6022,8902,2300
30 Sep 1924,5262,9562,2070
30 Jun 1924,6692,6592,2100
31 Mar 1924,6162,6162,1310
31 Dec 1823,6402,5591,8230
30 Sep 1821,7662,4151,7410
30 Jun 1820,6412,3531,4170
31 Mar 1819,1612,2061,6480
31 Dec 1717,8292,1781,3800
30 Sep 1717,3872,1121,2780
30 Jun 1716,4361,9421,1510
31 Mar 1715,8001,8651,0940
31 Dec 1616,2711,7741,0150
30 Sep 1615,7501,7179800
30 Jun 1615,7831,7169500
31 Mar 1614,4861,6379010
31 Dec 1514,9731,5801,9080
30 Sep 1514,3161,5221,8820
30 Jun 1513,9291,4918050
31 Mar 1513,5191,4748260
31 Dec 1413,0161,4682,0520
30 Sep 1412,6601,4052,0160
30 Jun 1412,2631,3257120
31 Mar 1411,3301,1841,7320

Quality Earnings: SOLARINDS has high quality earnings.

Growing Profit Margin: SOLARINDS's current net profit margins (15.7%) are higher than last year (11.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SOLARINDS's earnings have grown significantly by 31% per year over the past 5 years.

Accelerating Growth: SOLARINDS's earnings growth over the past year (25.1%) is below its 5-year average (31% per year).

Earnings vs Industry: SOLARINDS earnings growth over the past year (25.1%) exceeded the Chemicals industry 9.9%.

Return on Equity

High ROE: SOLARINDS's Return on Equity (27.4%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/23 02:31
End of Day Share Price 2025/01/23 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