Solar Industries India Limited

NSEI:SOLARINDS Stock Report

Market Cap: ₹865.0b

Solar Industries India Valuation

Is SOLARINDS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Share Price vs Fair Value

What is the Fair Price of SOLARINDS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₹2.20k
Fair Value
335.1% overvalued intrinsic discount
4
Number of Analysts


Key Valuation Metric

Which metric is best to use when looking at relative valuation for SOLARINDS?

Key metric:

The above table shows the Price to Earnings ratio for SOLARINDS. This is calculated by dividing SOLARINDS's market cap by their current earnings.
What is SOLARINDS's PE Ratio?
PE Ratio85.6x
Earnings₹10.11b
Market Cap₹864.99b

Price to Earnings Ratio vs Peers

How does SOLARINDS's PE Ratio compare to its peers?

The above table shows the PE ratio for SOLARINDS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average46.8x
SUPREMEIND Supreme Industries
49.3x19.7%₹504.0b
509480 Berger Paints India
48.9x10.0%₹560.0b
506401 Deepak Nitrite
37.9x16.3%₹323.0b
500184 Himadri Speciality Chemical
51x19.8%₹262.8b
SOLARINDS Solar Industries India
85.6x27.0%₹865.0b


Price to Earnings Ratio vs Industry

How does SOLARINDS's PE Ratio compare vs other companies in the IN Chemicals Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ZUARI Zuari Agro Chemicals
4.9xn/aUS$101.84m
NAGAFERT Nagarjuna Fertilizers and Chemicals
0.3xn/aUS$62.43m
UNIVPHOTO Universus Photo Imagings
2.8xn/aUS$26.92m
526773 Pressure Sensitive Systems (India)
0.6xn/aUS$7.38m
SOLARINDS 85.6xIndustry Avg. 29.3xNo. of Companies36PE020406080100+
7 CompaniesEstimated GrowthMarket Cap
No more companies


Price to Earnings Ratio vs Fair Ratio

What is SOLARINDS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SOLARINDS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio85.6x
Fair PE Ratio40.7x


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Price Target
Consensus Narrative from 4 Analysts
₹11.70k
Fair Value
18.3% undervalued intrinsic discount
4
Number of Analysts


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/23 20:03
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