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Solar Industries India NSEI:SOLARINDS Stock Report

Last Price

₹10.33k

Market Cap

₹930.1b

7D

-2.8%

1Y

153.7%

Updated

09 Aug, 2024

Data

Company Financials +

Solar Industries India Limited

NSEI:SOLARINDS Stock Report

Market Cap: ₹930.1b

SOLARINDS Stock Overview

Engages in the manufacture and sale of industrial explosives and explosive initiating devices in India and internationally.

SOLARINDS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance5/6
Financial Health6/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for SOLARINDS from our risk checks.

Solar Industries India Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Solar Industries India
Historical stock prices
Current Share Price₹10,333.60
52 Week High₹13,298.00
52 Week Low₹4,040.00
Beta-0.029
11 Month Change-16.41%
3 Month Change16.60%
1 Year Change153.67%
33 Year Change487.12%
5 Year Change832.55%
Change since IPO19,426.83%

Recent News & 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%

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?

Shareholder Returns

SOLARINDSIN ChemicalsIN Market
7D-2.8%-1.7%-3.5%
1Y153.7%25.3%41.1%

Return vs Industry: SOLARINDS exceeded the Indian Chemicals industry which returned 25.3% over the past year.

Return vs Market: SOLARINDS exceeded the Indian Market which returned 41.1% over the past year.

Price Volatility

Is SOLARINDS's price volatile compared to industry and market?
SOLARINDS volatility
SOLARINDS Average Weekly Movement7.3%
Chemicals Industry Average Movement6.4%
Market Average Movement6.6%
10% most volatile stocks in IN Market9.6%
10% least volatile stocks in IN Market4.3%

Stable Share Price: SOLARINDS has not had significant price volatility in the past 3 months.

Volatility Over Time: SOLARINDS's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19831,886Manish Nuwalsolargroup.com

Solar Industries India Limited, together with its subsidiaries, engages in the manufacture and sale of industrial explosives and explosive initiating devices in India and internationally. It offers industrial explosives, such as bulk and packaged explosives; and initiating systems, including electronic, electric, non-electric, and plain detonators, as well as cord relays, cast boosters, detonating cords, and aluminum elemented det products. The company also provides defense products, including unmanned aerial systems and drones, ammunitions, military explosives, bombs and warheads, rockets, and drones armed with guided missiles, as well as counter drone systems and initiating systems and pyros comprising fuzes, detonators, ignitors, decoys and flares, and riot control devices.

Solar Industries India Limited Fundamentals Summary

How do Solar Industries India's earnings and revenue compare to its market cap?
SOLARINDS fundamental statistics
Market cap₹930.14b
Earnings (TTM)₹9.25b
Revenue (TTM)₹60.82b

101.1x

P/E Ratio

15.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOLARINDS income statement (TTM)
Revenue₹60.82b
Cost of Revenue₹31.50b
Gross Profit₹29.32b
Other Expenses₹20.07b
Earnings₹9.25b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)102.22
Gross Margin48.21%
Net Profit Margin15.21%
Debt/Equity Ratio33.2%

How did SOLARINDS perform over the long term?

See historical performance and comparison

Dividends

0.08%

Current Dividend Yield

9%

Payout Ratio
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