Solar Industries

11,317.05
+443.50
(4.08%)
Market Cap
1,02,408.05 Cr
EPS
92.38
PE Ratio
87.68
Dividend Yield
0.08 %
Industry
Chemicals
52 Week High
13,298.00
52 Week Low
7,888.25
PB Ratio
25.93
Debt to Equity
0.39
Add Ratio
hide

Investment Returns

In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from6 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+83.33 %
+83.33 %
Hold
Hold+16.67 %
+16.67 %
Sell
Sell0.0 %
0.0 %
Competitors LTP Market Cap (₹ Cr.) P/E Ratio Revenue (₹ Cr.) YoY Revenue Growth % Net Profit (₹ Cr.) YoY Profit Growth % RSI
11,317.05
#1 1,02,408.05
#4 87.68
#1 6,114.00
#2 -12.08
#1 875
#3 52.10
66.60
362.85
1,950.72
59.40
275.90
#1 35.11
28
441.18
50.89
253.85
1,258.40
#1 8.26
949.00
-32.68
48
#1 500.00
34.47
3,340.00
334.01
13.73
454.30
-19.64
19
31.82
60.40
Growth Rate
Revenue Growth
-12.08 %
Net Income Growth
7.89 %
Cash Flow Change
114.17 %
ROE
-13.39 %
ROCE
-14.33 %
EBITDA Margin (Avg.)
21.75 %

Quarterly Financial Results

Quarterly Financials
Mar 2015
Jun 2015
Sept 2015
Dec 2015
Mar 2016
Jun 2016
Sept 2016
Dec 2016
Mar 2017
Jun 2017
Sept 2017
Dec 2017
Mar 2018
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Revenue
389
387
332
383
416
406
317
426
447
469
412
468
579
622
525
656
676
626
512
573
567
495
589
659
794
826
799
1,025
1,318
1,624
1,571
1,819
1,940
1,690
1,355
1,440
1,631
1,711
1,751
1,984
Expenses
324
313
262
304
325
316
248
345
350
365
321
361
457
487
414
532
537
496
400
450
458
399
461
514
627
651
656
840
1,054
1,333
1,268
1,462
1,571
1,359
1,012
1,074
1,257
1,235
1,271
1,447
EBITDA
65
74
70
79
91
90
70
82
96
104
91
107
122
136
111
125
139
130
113
123
110
96
128
146
167
176
143
185
264
292
303
357
369
331
343
366
374
476
480
537
Operating Profit %
16 %
18 %
21 %
20 %
21 %
22 %
21 %
18 %
21 %
22 %
21 %
22 %
21 %
21 %
21 %
19 %
20 %
20 %
21 %
20 %
16 %
19 %
21 %
20 %
21 %
21 %
17 %
17 %
20 %
18 %
19 %
19 %
19 %
19 %
25 %
25 %
22 %
27 %
26 %
27 %
Depreciation
11
8
8
8
9
9
10
10
10
13
13
14
12
14
15
15
15
20
21
22
22
23
24
24
23
25
27
27
30
31
30
32
35
34
34
39
37
40
44
47
Interest
3
4
6
5
6
7
7
7
6
6
8
11
8
12
13
15
11
12
14
14
14
12
12
11
11
10
12
13
15
14
19
26
31
25
25
28
32
28
30
31
Profit Before Tax
53
63
57
67
77
74
53
65
80
86
70
83
101
110
83
95
113
99
78
87
73
61
92
110
134
140
104
144
219
247
254
299
302
272
285
299
305
408
407
459
Tax
11
17
16
22
32
24
13
16
24
26
22
25
33
37
28
22
38
25
-9
22
20
17
25
29
39
39
29
39
44
64
65
80
81
71
76
77
63
108
103
122
Net Profit
42
46
41
45
46
50
39
50
56
60
48
58
68
73
55
74
75
74
87
65
53
44
68
81
95
101
75
105
175
183
189
219
221
202
209
222
243
301
304
338
EPS in ₹
22.16
23.01
19.55
22.94
26.64
20.84
4.08
5.26
5.96
6.62
5.33
5.98
7.28
8.06
5.74
7.58
7.91
7.86
9.32
6.85
5.52
4.65
7.20
8.62
10.06
10.78
8.15
11.28
18.55
18.81
19.49
22.61
22.78
21.82
22.12
22.47
25.98
31.66
31.59
34.80

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Total Assets
1,389
1,514
1,727
1,995
2,282
2,532
3,030
3,724
5,036
5,737
Fixed Assets
585
703
777
923
1,043
1,209
1,288
1,493
1,702
2,028
Current Assets
610
649
732
817
962
984
1,226
1,661
2,501
2,648
Capital Work in Progress
61
30
91
107
178
165
293
230
282
490
Investments
30
40
53
17
33
2
1
18
99
370
Other Assets
714
740
806
947
1,029
1,157
1,448
1,983
2,954
2,850
Total Liabilities
1,389
1,514
1,727
1,995
2,282
2,532
3,030
3,724
5,036
5,737
Current Liabilities
365
448
527
566
725
732
819
1,118
1,632
1,501
Non Current Liabilities
202
212
232
298
272
369
568
592
653
809
Total Equity
823
853
969
1,131
1,286
1,432
1,642
2,015
2,751
3,427
Reserve & Surplus
758
787
911
1,066
1,220
1,362
1,561
1,896
2,592
3,288
Share Capital
18
18
18
18
18
18
18
18
18
18

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Net Cash Flow
-96
11
1
27
9
32
77
-85
160
15
Investing Activities
-149
-141
-170
-174
-254
-260
-253
-338
-614
-1,021
Operating Activities
231
243
118
254
314
325
357
298
657
1,406
Financing Activities
-177
-92
53
-53
-52
-34
-26
-45
118
-370

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Promoter
73.15 %
73.15 %
73.15 %
73.15 %
73.15 %
73.15 %
73.15 %
73.15 %
73.15 %
73.15 %
73.15 %
73.15 %
73.15 %
73.15 %
73.15 %
73.15 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
6.10 %
7.57 %
7.53 %
7.23 %
DIIs
16.84 %
16.66 %
16.19 %
15.36 %
15.01 %
14.46 %
14.27 %
14.46 %
14.32 %
15.02 %
14.92 %
14.78 %
14.53 %
12.74 %
12.68 %
12.79 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
3.38 %
3.38 %
3.53 %
3.86 %
3.91 %
4.01 %
4.15 %
4.23 %
4.43 %
4.53 %
4.29 %
4.44 %
4.74 %
4.98 %
5.06 %
5.20 %
Others
6.63 %
6.82 %
7.14 %
7.63 %
7.93 %
8.38 %
8.43 %
8.17 %
8.10 %
7.31 %
7.64 %
7.64 %
1.48 %
1.58 %
1.59 %
1.64 %
No of Share Holders
14,517
17,497
25,070
33,496
28,759
31,872
39,409
49,247
51,943
51,199
50,103
57,926
64,377
72,853
78,402
83,959

Dividend History

Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 5 6 7 6 6 7.5 8 8.5 0.00
Dividend Yield (%) 0.00 0.47 0.55 0.77 0.47 0.21 0.2 0.09 0.08 0.00

Corporate Action

Announcements

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 20183 days ago
Visit Of Honble Prime Minister Shri Narendra Modi Ji To Solar Defence And Aerospace LimitedMar 30, 2025
Closure of Trading WindowMar 28, 2025
Intimation of Repayment of Commercial Paper (CP)Mar 27, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMar 26, 2025
Intimation Of Reopening Of Trading WindowMar 24, 2025
Intimation of Repayment of Commercial Paper (CP)Mar 12, 2025
Closure of Trading WindowMar 06, 2025
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderMar 04, 2025
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderFeb 28, 2025
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderFeb 28, 2025
Intimation of Repayment of Commercial Paper (CP)Feb 27, 2025
Intimation of Repayment of Commercial Paper (CP)Feb 27, 2025
Announcement under Regulation 30 (LODR)-Issue of SecuritiesFeb 20, 2025
Announcement under Regulation 30 (LODR)-Change of Company NameFeb 17, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 15, 2025
Announcement under Regulation 30 (LODR)-Credit RatingFeb 14, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 11, 2025
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderFeb 06, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 06, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 06, 2025
Integrated Filing (Financial)Feb 05, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 05, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationFeb 05, 2025
Board Meeting Outcome for Outcome Of The Board Meeting Dated February 5 2025Feb 05, 2025
Outcome Of The Board Meeting Dated February 5 2025Feb 05, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 30, 2025
Rumour verification - Regulation 30(11)Jan 30, 2025
Clarification sought from Solar Industries India LtdJan 30, 2025
Board Meeting Intimation for The Meeting Of Board Of Directors.Jan 30, 2025
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /AgreementsJan 23, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 07, 2025
Intimation Of Change In Name Of Registrar And Share Transfer Agent (RTA) Of The Company.Jan 01, 2025
Closure of Trading WindowDec 31, 2024
Announcement under Regulation 30 (LODR)-Issue of SecuritiesDec 12, 2024
Intimation of Repayment of Commercial Paper (CP)Dec 11, 2024
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderDec 02, 2024
Announcement under Regulation 30 (LODR)-Issue of SecuritiesNov 29, 2024
Announcement under Regulation 30 (LODR)-Credit RatingNov 28, 2024
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 16, 2024
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 14, 2024
Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 14, 2024
Compliance Under Regulation 23(9) Of SEBI LODR Regulations, 2015Nov 13, 2024
Announcement under Regulation 30 (LODR)-Investor PresentationNov 13, 2024
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 13, 2024
Board Meeting Outcome for Outcome Of The Board Meeting Dated November 13, 2024Nov 13, 2024
Outcome For The Board Meeting Dated November 13, 2024.Nov 13, 2024
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderNov 09, 2024
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 07, 2024
Board Meeting Intimation for Intimation For The Meeting Of Board Of Directors.Nov 06, 2024

Technical Indicators

RSI(14)
Neutral
66.60
ATR(14)
Less Volatile
362.85
STOCH(9,6)
Neutral
67.80
STOCH RSI(14)
Neutral
28.11
MACD(12,26)
Bearish
-21.06
ADX(14)
Strong Trend
35.18
UO(9)
Bearish
64.00
ROC(12)
Uptrend And Accelerating
4.11
WillR(14)
Overbought
-6.71

About Solar Industries

Solar Industries India Limited is an integrated global explosives company primarily engaged in manufacturing industrial explosives and explosive initiating devices. The company produces packaged emulsion explosives, bulk explosives, and explosive initiating systems for industrial use. It has also expanded into manufacturing ammunition for military applications. Solar Industries operates the world's largest packaged explosives manufacturing facility in Nagpur, India, and has 34 manufacturing facilities across India. Globally, the company has a presence in over 65 countries with manufacturing facilities in 5 countries. Solar Industries serves major mining and infrastructure companies worldwide. The company has diversified its product range to include high energy materials, composite propellants, ammunition, warheads, fuses, and other defense-related products. It has also established subsidiaries and joint ventures in various countries to expand its international operations.
Listing Date
03 Apr, 2006(19 Years, 12 days)
Chairperson NameSatyanarayan Nuwal