| 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 |
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 |
| 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 |
| 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 |
| 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 % |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
Solar Industries
Solar Industries
16,263.00
+158.00
(0.98%)
Market Cap
1,47,163.98 Cr
PE Ratio
94.15
Volume
1,32,627.00
Day High - Low
16,325.00 - 15,905.00
52W High-Low
17,820.00 - 11,646.00
Key Fundamentals
Market Cap
1,47,163.98 Cr
EPS
133.65
PE Ratio
94.15
PB Ratio
28.52
Book Value
565.36
EBITDA
2,031.20
Dividend Yield
0.06 %
Industry
Aerospace & Defense Sector
Engineering Return on Equity
28.39
Debt to Equity
0.27
Analyst Rating and Forecast
- By Refinitiv from11 analysts
Actual
Company News
View All News
Solar Industries India Limited has scheduled a Q4FY26 earnings conference call on May 15, 2026 at 4:30 pm IST, hosted by Motilal Oswal Financial Services Limited, to discuss audited FY26 results.
Shri Kirit Ramesh Kamdar resigns as Additional Non-Executive Independent Director of Solar Industries India Limited, effective May 06, 2026, citing unavoidable professional commitments.
Solar Industries India Limited submitted newspaper clippings to stock exchanges for notice of equity shares transfer to IEPF under SEBI LODR Regulations on April 24, 2026.
View more
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
4,756.30 | #1 3,18,089.45 | #1 35.96 | #1 33,542.60 | 3.92 | #1 8,364 | 29.65 | 75.13 | |
431.95 | 3,15,745.90 | 53.88 | 24,511.10 | 17.06 | 5,287 | 20.44 | 44.75 | |
16,263.00 | #3 1,47,163.98 | #8 94.15 | #4 7,611.10 | #4 24.49 | #4 1,288 | #3 38.22 | 71.79 | |
2,565.80 | 1,03,499.24 | 42.00 | 13,006.30 | 3.61 | 2,284 | 107.25 | 49.35 | |
1,401.30 | 51,366.40 | 91.52 | 3,695.50 | 35.31 | 550 | -50.44 | 55.54 | |
2,941.60 | 33,696.62 | 46.72 | 7,002.16 | 29.42 | 747 | 24.11 | 58.47 | |
4,142.00 | 23,188.56 | 92.98 | 113.70 | 2.06 | 4 | 30.43 | 65.41 | |
6,520.00 | 20,055.25 | 323.84 | 681.10 | 16.11 | 53 | #1 116.88 | 74.88 | |
1,636.80 | 14,778.73 | 67.17 | 687.69 | -33.36 | 217 | -58.52 | 56.82 | |
317.70 | 11,351.18 | 132.66 | 565.00 | #1 51.27 | 56 | 25.82 | 71.68 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
24.49 %
Net Income Growth
47.15 %
Cash Flow Change
75.50 %
ROE
11.16 %
ROCE
0.60 %
EBITDA Margin (Avg.)
15.44 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 1,389 | 1,514 | 1,727 | 1,995 | 2,282 | 2,532 | 3,030 | 3,724 | 5,036 | 5,737 | 8,261 |
| Fixed Assets | 585 | 703 | 777 | 923 | 1,043 | 1,209 | 1,288 | 1,493 | 1,702 | 2,028 | 2,692 |
| Current Assets | 610 | 649 | 732 | 817 | 962 | 984 | 1,226 | 1,661 | 2,501 | 2,648 | 4,123 |
| Capital Work in Progress | 61 | 30 | 91 | 107 | 178 | 165 | 293 | 230 | 282 | 490 | 707 |
| Investments | 30 | 40 | 53 | 17 | 33 | 2 | 1 | 18 | 99 | 370 | 676 |
| Other Assets | 714 | 740 | 806 | 947 | 1,029 | 1,157 | 1,448 | 1,983 | 2,954 | 2,850 | 4,186 |
| Total Equity & Liabilities | 1,389 | 1,514 | 1,727 | 1,995 | 2,282 | 2,532 | 3,030 | 3,724 | 5,036 | 5,737 | 8,261 |
| Current Liabilities | 365 | 448 | 527 | 566 | 725 | 732 | 819 | 1,118 | 1,632 | 1,501 | 2,114 |
| Non Current Liabilities | 202 | 212 | 232 | 298 | 272 | 369 | 568 | 592 | 653 | 809 | 1,611 |
| Total Equity | 823 | 853 | 969 | 1,131 | 1,286 | 1,432 | 1,642 | 2,015 | 2,751 | 3,427 | 4,537 |
| Reserve & Surplus | 758 | 787 | 911 | 1,066 | 1,220 | 1,362 | 1,561 | 1,896 | 2,592 | 3,288 | 4,368 |
| Share Capital | 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 |
| Net Cash Flow | -96 | 11 | 1 | 27 | 9 | 32 | 77 | -85 | 160 | 14 | 332 |
| Investing Activities | -149 | -141 | -170 | -174 | -254 | -260 | -253 | -338 | -614 | -1,022 | -1,660 |
| Operating Activities | 231 | 243 | 118 | 254 | 314 | 325 | 357 | 298 | 657 | 1,406 | 2,468 |
| Financing Activities | -177 | -92 | 53 | -53 | -52 | -34 | -26 | -45 | 118 | -370 | -476 |
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 |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 |
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 | 0.00 |
| Dividend Yield (%) | 0.47 | 0.55 | 0.77 | 0.47 | 0.21 | 0.2 | 0.09 | 0.08 | 0.08 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 15 May 2026 |  Quarterly Result Announcement | NA | 15 May 2026 | 15,885.00 | 16,105.00 |
| 21 Aug 2021 |  Dividend | ₹ 6.00 /share | 18 Aug 2021 | 1,326.95 | 1,671.65 |
| 31 May 2022 | Dividend | ₹ 7.50 /share | 27 May 2022 | 2,918.95 | 2,707.80 |
| 09 Jun 2023 | Dividend | ₹ 8.00 /share | 09 Jun 2023 | 3,823.50 | 3,888.60 |
| 04 Jul 2024 | Dividend | ₹ 8.50 /share | 04 Jul 2024 | 8,352.85 | 11,468.60 |
| 18 Jul 2024 |  Annual General Meeting | NA | 18 Jul 2024 | 8,352.85 | 11,780.95 |
| 13 Nov 2024 | Quarterly Result Announcement | NA | 13 Nov 2024 | 10,008.90 | 10,019.70 |
| 05 Feb 2025 | Quarterly Result Announcement | NA | 05 Feb 2025 | 9,575.45 | 9,749.75 |
| 20 May 2025 | Quarterly Result Announcement | NA | 20 May 2025 | 13,490.70 | 13,702.60 |
| 08 Jul 2025 | Dividend | ₹ 10.00 /share | 08 Jul 2025 | 13,702.60 | 16,717.00 |
| 22 Jul 2025 | Annual General Meeting | NA | 22 Jul 2025 | 13,702.60 | 14,926.00 |
| 07 Aug 2025 | Quarterly Result Announcement | NA | 07 Aug 2025 | 14,471.40 | 15,014.00 |
| 10 Nov 2025 | Quarterly Result Announcement | NA | 10 Nov 2025 | 13,878.00 | 13,573.00 |
| 03 Feb 2026 | Quarterly Result Announcement | NA | 03 Feb 2026 | 12,656.90 | 13,197.30 |
Announcements
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
3 days ago
3 days agoBoard Meeting Intimation for Meeting Of Board Of Directors.3 days ago
3 days agoAnnouncement under Regulation 30 (LODR)-Resignation of Director4 days ago
4 days agoSubmission Of Newspaper Clippings For The Notice Of Transfer Of Equity Shares Of The Company To Investor Education And Protection Fund (IEPF).Apr 24, 2026
Apr 24, 2026Announcement under Regulation 30 (LODR)-Credit RatingApr 24, 2026
Apr 24, 2026Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2Apr 20, 2026
Apr 20, 2026Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 20, 2026
Apr 20, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 07, 2026
Apr 07, 2026Disclosures under Reg. 10(7) of SEBI (SAST) Regulations 2011Apr 01, 2026
Apr 01, 2026Announcement under Regulation 30 (LODR)-Change in ManagementApr 01, 2026
Apr 01, 2026Announcement under Regulation 30 (LODR)-Change in ManagementMar 31, 2026
Mar 31, 2026Closure of Trading WindowMar 26, 2026
Mar 26, 2026Intimation of Repayment of Commercial Paper (CP)Mar 23, 2026
Mar 23, 2026Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Mar 11, 2026
Mar 11, 2026Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Mar 11, 2026
Mar 11, 2026Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011Mar 11, 2026
Mar 11, 2026Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Mar 10, 2026
Mar 10, 2026Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Mar 10, 2026
Mar 10, 2026Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011Mar 10, 2026
Mar 10, 2026Intimation Of Bhoomi Pujan For Upcoming Robotics And UAV Manufacturing FacilityMar 08, 2026
Mar 08, 2026 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportFeb 24, 2026
Feb 24, 2026Intimation of Repayment of Commercial Paper (CP)Feb 09, 2026
Feb 09, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 09, 2026
Feb 09, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 04, 2026
Feb 04, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 04, 2026
Feb 04, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 03, 2026
Feb 03, 2026Announcement under Regulation 30 (LODR)-Investor PresentationFeb 03, 2026
Feb 03, 2026Outcome Of The Board Meeting Dated February 3 2026Feb 03, 2026
Feb 03, 2026Board Meeting Outcome for Outcome Of Board Meeting Dated February 3 2026Feb 03, 2026
Feb 03, 2026Announcement under Regulation 30 (LODR)-Credit RatingFeb 02, 2026
Feb 02, 2026Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderJan 30, 2026
Jan 30, 2026Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderJan 30, 2026
Jan 30, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 28, 2026
Jan 28, 2026Board Meeting Intimation for Approval Of The Unaudited Standalone & Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended On December 31 2025.Jan 27, 2026
Jan 27, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationJan 24, 2026
Jan 24, 2026Shareholder Meeting / Postal Ballot-Notice of Postal BallotJan 23, 2026
Jan 23, 2026Visit Of HonBle Raksha Mantri - Shri Rajnath Singh Ji To Solar Defence And Aerospace Limited.Jan 19, 2026
Jan 19, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 06, 2026
Jan 06, 2026Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderDec 31, 2025
Dec 31, 2025Closure of Trading WindowDec 26, 2025
Dec 26, 2025Announcement under Regulation 30 (LODR)-Issue of SecuritiesDec 23, 2025
Dec 23, 2025 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportDec 18, 2025
Dec 18, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateDec 05, 2025
Dec 05, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateDec 04, 2025
Dec 04, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderNov 18, 2025
Nov 18, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 18, 2025
Nov 18, 2025Shareholder Meeting / Postal Ballot-Notice of Postal BallotNov 17, 2025
Nov 17, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 14, 2025
Nov 14, 2025Announcement under Regulation 30 (LODR)-Issue of SecuritiesNov 11, 2025
Nov 11, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 11, 2025
Nov 11, 2025Mutual Fund Holdings
Technical Indicators
RSI(14)
Neutral 70.25
ATR(14)
Less Volatile 454.78
STOCH(9,6)
Neutral 74.36
STOCH RSI(14)
Neutral 63.40
MACD(12,26)
Bullish 51.16
ADX(14)
Strong Trend 35.28
UO(9)
Bearish 59.93
ROC(12)
Uptrend And Accelerating 7.73
WillR(14)
Overbought -6.96
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,
8 days)
Website
Chairperson NameSatyanarayan Nuwal
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