Solar Industries
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Solar Industries

18,900.00
-350.00
(-1.82%)
Market Cap
1,71,026.20 Cr
PE Ratio
84.96
Volume
5,25,092.00
Day High - Low
19,460.00 - 18,480.00
52W High-Low
22,700.00 - 11,646.00
ann
There are 1 new updates from the company1 day ago
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Key Fundamentals
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Market Cap
1,71,026.20 Cr
EPS
185.39
PE Ratio
84.96
PB Ratio
27.75
Book Value
693.69
EBITDA
2,749.80
Dividend Yield
0.06 %
Sector
Engineering
Return on Equity
26.52
Debt to Equity
0.23
Analyst Rating and Forecast
- By Refinitiv from16 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+75.00 %
+75.00 %
Hold
Hold+18.75 %
+18.75 %
Sell
Sell+6.25 %
+6.25 %
Forecast For
Actual

Company News

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positive
Solar Industries targets ₹13,200 crore revenue by FY28Today
Solar Industries targets ₹13,200 crore revenue and over ₹1,700 crore EBITDA by FY28, following the Omnia acquisition, as reported by a newspaper.
positive
Solar Industries targets India, Africa growth1 day ago
Solar Industries Ltd plans to focus primarily on India and Africa for business expansion. The company expects EBITDA margins to rise in the African region following a recent buyout.
neutral
Solar Industries India Ltd will host an investor call on September 15, 2026, at 10:30 am IST. The session, hosted by ICICI Securities, focuses on the proposed acquisition of Omnia Holdings Limited by Solar SA Investments Proprietary Limited.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
4,695.60
#1 3,14,029.99
33.68
#1 36,788.00
9.68
#1 9,116
14.88
40.13
385.75
2,81,974.72
45.30
28,176.10
14.95
6,024
8.82
33.65
18,900.00
#3 1,71,026.20
#8 84.96
#4 9,965.70
#3 30.94
#4 1,737
#3 89.00
37.53
2,231.90
90,030.38
#1 32.55
14,145.70
12.77
2,422
21.77
24.21
1,136.00
41,641.50
80.15
2,415.36
-34.64
420
#1 545.65
23.92
2,314.60
26,514.21
33.78
7,276.50
#1 34.49
748
43.76
24.91
4,321.70
24,194.59
91.09
113.70
2.06
4
-13.33
40.75
6,792.00
20,891.91
160.38
899.30
32.04
94
364.81
45.02
1,621.90
15,399.13
80.08
1,181.30
10.54
193
-23.93
42.29
1,662.80
15,013.48
75.18
773.10
-25.09
218
-39.92
35.51
Growth Rate
Revenue Growth
30.94 %
Net Income Growth
34.84 %
Cash Flow Change
-74.84 %
ROE
-5.82 %
ROCE
-1.63 %
EBITDA Margin (Avg.)
3.37 %

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
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Mar 2026
Jun 2026
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
2,173
2,184
2,111
2,573
3,099
3,686
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
1,630
1,620
1,530
1,840
2,227
2,653
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
544
564
581
733
872
1,033
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 %
25 %
25 %
27 %
28 %
27 %
28 %
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
51
56
61
63
71
80
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
29
27
31
34
41
41
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
464
481
490
636
759
912
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
118
128
128
169
203
245
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
346
353
362
467
556
666
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
35.61
37.43
38.12
49.31
60.52
72.11

Order Value Trend

FY 2026-27 order value₹2,152.00 Cr
FY 2026-272 Orders
International Clients
100.00%

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Total Assets
1,389
1,514
1,727
1,995
2,282
2,532
3,030
3,724
5,036
5,737
8,298
10,919
Fixed Assets
585
703
777
923
1,043
1,209
1,288
1,493
1,702
2,028
2,729
4,006
Current Assets
610
649
732
817
962
984
1,226
1,661
2,501
2,648
4,123
5,038
Capital Work in Progress
61
30
91
107
178
165
293
230
282
490
707
731
Investments
30
40
53
17
33
2
1
18
99
370
676
183
Other Assets
714
740
806
947
1,029
1,157
1,448
1,983
2,954
2,850
4,186
5,999
Total Equity & Liabilities
1,389
1,514
1,727
1,995
2,282
2,532
3,030
3,724
5,036
5,737
8,298
10,919
Current Liabilities
365
448
527
566
725
732
819
1,118
1,632
1,501
2,114
2,449
Non Current Liabilities
202
212
232
298
272
369
568
592
653
809
1,611
1,921
Total Equity
823
853
969
1,131
1,286
1,432
1,642
2,015
2,751
3,427
4,573
6,549
Reserve & Surplus
758
787
911
1,066
1,220
1,362
1,561
1,896
2,592
3,288
4,395
6,259
Share Capital
18
18
18
18
18
18
18
18
18
18
18
18

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Net Cash Flow
-96
11
1
27
9
32
77
-85
160
14
332
-121
Investing Activities
-149
-141
-170
-174
-254
-260
-253
-338
-614
-1,022
-1,660
-951
Operating Activities
231
243
118
254
314
325
357
298
657
1,406
2,468
621
Financing Activities
-177
-92
53
-53
-52
-34
-26
-45
118
-370
-476
210

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
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Mar 2026
Jun 2026
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 %
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 %
5.82 %
6.79 %
7.11 %
6.74 %
6.60 %
6.40 %
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 %
14.11 %
13.59 %
12.89 %
12.91 %
12.90 %
13.36 %
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 %
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 %
5.23 %
4.75 %
5.00 %
5.33 %
5.48 %
5.23 %
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 %
1.70 %
1.73 %
1.85 %
1.87 %
1.87 %
1.86 %
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
95,380
97,712
1,05,014
1,13,869
1,15,917
1,16,877

Dividend History

Annual Cash Flows 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Dividend Per Share (₹) 5 6 7 6 6 7.5 8 8.5 10 11
Dividend Yield (%) 0.47 0.55 0.77 0.47 0.21 0.2 0.09 0.08 0.08 0.06

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
21 Aug 2021 DIVIDEND Dividend
6.00 /share
18 Aug 2021 1,326.95 1,671.65
31 May 2022 DIVIDEND Dividend
7.50 /share
27 May 2022 2,918.95 2,707.80
09 Jun 2023 DIVIDEND Dividend
8.00 /share
09 Jun 2023 3,823.50 3,888.60
04 Jul 2024 DIVIDEND Dividend
8.50 /share
04 Jul 2024 8,352.85 11,468.60
18 Jul 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
18 Jul 2024 8,352.85 11,780.95
13 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
13 Nov 2024 10,008.90 10,019.70
05 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
05 Feb 2025 9,575.45 9,749.75
20 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
20 May 2025 13,490.70 13,702.60
08 Jul 2025 DIVIDEND Dividend
10.00 /share
08 Jul 2025 13,702.60 16,717.00
22 Jul 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
22 Jul 2025 13,702.60 14,926.00
07 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
07 Aug 2025 14,471.40 15,014.00
10 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
10 Nov 2025 13,878.00 13,573.00
03 Feb 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
03 Feb 2026 12,656.90 13,197.30
15 May 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
15 May 2026 15,885.00 16,665.00
28 Jul 2026 DIVIDEND Dividend
11.00 /share
28 Jul 2026 16,665.00 18,628.00
11 Aug 2026 ANNUAL GENERAL MEETING Annual General Meeting
NA
11 Aug 2026 16,665.00 18,820.00
13 Aug 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
13 Aug 2026 18,400.00 18,730.00

Announcements

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome1 day ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation2 days ago
Announcement under Regulation 30 (LODR)-Acquisition2 days ago
Announcement under Regulation 30 (LODR)-Press Release / Media Release2 days ago
Announcement under Regulation 30 (LODR)-Credit RatingSep 04, 2026
Rumour verification - Regulation 30(11)Sep 03, 2026
Clarification sought from Solar Industries India LtdSep 03, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 15, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 13, 2026
Announcement under Regulation 30 (LODR)-Investor PresentationAug 13, 2026
Unaudited Financial Results For The Quarter Ending On June 30 2026Aug 13, 2026
Board Meeting Outcome for Outcome Of Board Meeting Dated August 13 2026Aug 13, 2026
Disclosures Of The Voting Results And ScrutiniserS Report Of The 31 St Annual General Meeting Of Solar Industries India Limited Held On Tuesday August 11 2026 Through Video Conferencing / Other Audio Visual Means (VC/OAVM).Aug 12, 2026
Shareholder Meeting / Postal Ballot-Outcome of AGMAug 11, 2026
Board Meeting Intimation for The Meeting Of Board Of Directors.Aug 06, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 21, 2026
Letter To The Shareholders - Annual Report FY 2025-26Jul 21, 2026
Integrated Annual Report For The Financial Year 2025-26 Including Notice Convening The 31St Annual General Meeting (AGM) And Intimation Of Record Date.Jul 20, 2026
Reg. 34 (1) Annual Report.Jul 20, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 15, 2026
Announcement under Regulation 30 (LODR)-AcquisitionJul 09, 2026
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 09, 2026
Closure of Trading WindowJun 30, 2026
Intimation Of Book Closure Pursuant To Regulation 42 Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015.Jun 29, 2026
Announcement under Regulation 30 (LODR)-Issue of SecuritiesJun 19, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 02, 2026
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderMay 29, 2026
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 18, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 16, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 16, 2026
Announcement under Regulation 30 (LODR)-Change in ManagementMay 15, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 15, 2026
Announcement under Regulation 30 (LODR)-Investor PresentationMay 15, 2026
Audited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Year Ended On March 31 2026.May 15, 2026
Board Meeting Outcome for Outcome Of The Board Meeting Dated May 15 2026.May 15, 2026
Intimation Of Corporate Meeting ScheduleMay 14, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 12, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 08, 2026
Board Meeting Intimation for Meeting Of Board Of Directors.May 08, 2026
Announcement under Regulation 30 (LODR)-Resignation of DirectorMay 06, 2026
Submission Of Newspaper Clippings For The Notice Of Transfer Of Equity Shares Of The Company To Investor Education And Protection Fund (IEPF).Apr 24, 2026
Announcement under Regulation 30 (LODR)-Credit RatingApr 24, 2026
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2Apr 20, 2026
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 20, 2026
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 07, 2026
Disclosures under Reg. 10(7) of SEBI (SAST) Regulations 2011Apr 01, 2026
Announcement under Regulation 30 (LODR)-Change in ManagementApr 01, 2026
Announcement under Regulation 30 (LODR)-Change in ManagementMar 31, 2026
Closure of Trading WindowMar 26, 2026
Intimation of Repayment of Commercial Paper (CP)Mar 23, 2026

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
SBI Quality Fund Direct-Growth
0.00%
-14000
-1.02%
0.00%
Motilal Oswal Active Momentum Fund Direct-Growth
0.00%
-13571
-2.65%
-3.35%
SBI Nifty200 Quality 30 Index Fund Direct-Growth
0.00%
-4902
-2.69%
-2.88%
Sundaram Multi-Factor Fund Direct-Growth
0.00%
-3760
-0.77%
-0.79%
NJ Momentum Fund Direct-Growth
1.07%
1825
1.07%
1.07%
Axis Nifty India Defence Index Fund Direct-Growth
12.20%
1784
0.62%
0.64%
JioBlackRock Flexi Cap Fund Direct-Growth
0.10%
1555
0.10%
0.10%
TRUSTMF Multi Cap Fund Direct-Growth
0.96%
-1408
-0.46%
-1.00%
SBI Nifty200 Momentum 30 Index Fund Direct-Growth
0.00%
-1245
-1.97%
-1.96%
Motilal Oswal Infrastructure Fund Direct-Growth
5.37%
1004
1.63%
1.53%
Motilal Oswal Contra Fund Direct-Growth
4.62%
953
0.05%
0.15%
Mirae Asset Infrastructure Fund Direct-Growth
2.29%
-725
-0.19%
-0.34%
ICICI Prudential Nifty200 Quality 30 Index Fund Direct-Growth
0.00%
-395
-2.70%
-2.88%
Samco Large & Mid Cap Fund Direct-Growth
0.00%
-303
-0.55%
0.00%
Unifi Dynamic Asset Allocation Fund Direct-Growth
0.03%
200
0.03%
0.03%
Old Bridge Arbitrage Fund Direct-Growth
0.00%
-200
-0.18%
-0.20%
Samco Large Cap Fund Direct-Growth
4.32%
-174
0.23%
0.34%
UTI Nifty 500 Index Fund Direct-Growth
0.24%
134
0.24%
0.24%
Parag Parikh Large Cap Fund Direct-Growth
0.36%
71
0.04%
0.03%
Axis Nifty500 Quality 50 Index Fund Direct-Growth
2.67%
-38
0.22%
0.12%
HDFC BSE India Sector Leaders Index Fund Direct-Growth
1.09%
-36
0.12%
0.07%
Kotak Nifty Alpha 50 Index Fund Direct-Growth
0.70%
22
0.03%
0.01%
Tata Nifty Next 50 Index Fund Direct-Growth
1.93%
16
0.17%
0.06%
Nippon India Nifty 500 Quality 50 Index Fund Direct-Growth
2.70%
-10
0.22%
0.13%
Angel One Nifty Total Market Momentum Quality 50 Index Fund Direct-Growth
3.40%
-9
0.14%
0.28%

Technical Indicators

RSI(14)
Neutral
74.03
ATR(14)
Less Volatile
524.15
STOCH(9,6)
Overbought
90.89
STOCH RSI(14)
Overbought
87.74
MACD(12,26)
Bullish
156.98
ADX(14)
Strong Trend
31.97
UO(9)
Bearish
65.97
ROC(12)
Uptrend And Accelerating
10.91
WillR(14)
Overbought
-11.32

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...more
Listing Date
03 Apr, 2006(20 Years, 5 Months, 13 Days)
Chairperson NameSatyanarayan Nuwal