| 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 |
Solar Industries
13,191.00
+142.00
(1.09%)
Market Cap
1,19,365.43 Cr
EPS
92.38
PE Ratio
105.17
Dividend Yield
0.07 %
Industry
Chemicals52 Week High
13,664.00
52 Week Low
7,888.25
PB Ratio
31.11
Debt to Equity
0.39
Sector
Explosives
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
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 |
|---|---|---|---|---|---|---|---|---|
13,191.00 | #1 1,19,365.43 | #4 105.17 | #1 6,114.00 | #2 -12.08 | #1 875 | #3 52.10 | 69.24 | |
410.05 | 2,204.48 | 69.61 | 275.90 | #1 35.11 | 28 | 441.18 | 55.14 | |
286.10 | 1,418.27 | #1 9.34 | 949.00 | -32.68 | 48 | #1 500.00 | 51.95 | |
3,332.00 | 333.20 | 13.75 | 454.30 | -19.64 | 19 | 31.82 | 54.98 |
Automatic Screeners on ScanX
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
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 | Mar 2025 |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 |
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
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 05 Feb 2025 |  Quarterly Result Announcement | NA | 05 Feb 2025 | 9,575.45 | 9,749.75 |
| 13 Nov 2024 | Quarterly Result Announcement | NA | 13 Nov 2024 | 10,008.90 | 10,019.70 |
| 18 Jul 2024 |  Annual General Meeting | NA | 18 Jul 2024 | 8,352.85 | 11,780.95 |
| 04 Jul 2024 |  Dividend | ₹ 8.50 /share | 04 Jul 2024 | 8,352.85 | 11,468.60 |
| 09 Jun 2023 | Dividend | ₹ 8.00 /share | 09 Jun 2023 | 3,823.50 | 3,888.60 |
| 31 May 2022 | Dividend | ₹ 7.50 /share | 27 May 2022 | 2,918.95 | 2,707.80 |
| 21 Aug 2021 | Dividend | ₹ 6.00 /share | 18 Aug 2021 | 1,326.95 | 1,671.65 |
Announcements
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
10 days ago
10 days agoFormat of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A10 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication10 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Credit RatingApr 24, 2025
Apr 24, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 11, 2025
Apr 11, 2025Visit Of Honble Prime Minister Shri Narendra Modi Ji To Solar Defence And Aerospace LimitedMar 30, 2025
Mar 30, 2025Closure of Trading WindowMar 28, 2025
Mar 28, 2025Intimation of Repayment of Commercial Paper (CP)Mar 27, 2025
Mar 27, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMar 26, 2025
Mar 26, 2025Intimation Of Reopening Of Trading WindowMar 24, 2025
Mar 24, 2025Intimation of Repayment of Commercial Paper (CP)Mar 12, 2025
Mar 12, 2025Closure of Trading WindowMar 06, 2025
Mar 06, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderMar 04, 2025
Mar 04, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderFeb 28, 2025
Feb 28, 2025Intimation of Repayment of Commercial Paper (CP)Feb 27, 2025
Feb 27, 2025Announcement under Regulation 30 (LODR)-Issue of SecuritiesFeb 20, 2025
Feb 20, 2025Announcement under Regulation 30 (LODR)-Change of Company NameFeb 17, 2025
Feb 17, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 15, 2025
Feb 15, 2025Announcement under Regulation 30 (LODR)-Credit RatingFeb 14, 2025
Feb 14, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 11, 2025
Feb 11, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderFeb 06, 2025
Feb 06, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 06, 2025
Feb 06, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 06, 2025
Feb 06, 2025Integrated Filing (Financial)Feb 05, 2025
Feb 05, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 05, 2025
Feb 05, 2025Announcement under Regulation 30 (LODR)-Investor PresentationFeb 05, 2025
Feb 05, 2025Board Meeting Outcome for Outcome Of The Board Meeting Dated February 5 2025Feb 05, 2025
Feb 05, 2025Outcome Of The Board Meeting Dated February 5 2025Feb 05, 2025
Feb 05, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 30, 2025
Jan 30, 2025Rumour verification - Regulation 30(11)Jan 30, 2025
Jan 30, 2025Clarification sought from Solar Industries India LtdJan 30, 2025
Jan 30, 2025Board Meeting Intimation for The Meeting Of Board Of Directors.Jan 30, 2025
Jan 30, 2025Announcement under Regulation 30 (LODR)-Memorandum of Understanding /AgreementsJan 23, 2025
Jan 23, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 07, 2025
Jan 07, 2025Intimation Of Change In Name Of Registrar And Share Transfer Agent (RTA) Of The Company.Jan 01, 2025
Jan 01, 2025Closure of Trading WindowDec 31, 2024
Dec 31, 2024Announcement under Regulation 30 (LODR)-Issue of SecuritiesDec 12, 2024
Dec 12, 2024Intimation of Repayment of Commercial Paper (CP)Dec 11, 2024
Dec 11, 2024Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderDec 02, 2024
Dec 02, 2024Announcement under Regulation 30 (LODR)-Issue of SecuritiesNov 29, 2024
Nov 29, 2024Announcement under Regulation 30 (LODR)-Credit RatingNov 28, 2024
Nov 28, 2024Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 16, 2024
Nov 16, 2024Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 14, 2024
Nov 14, 2024Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 14, 2024
Nov 14, 2024Compliance Under Regulation 23(9) Of SEBI LODR Regulations, 2015Nov 13, 2024
Nov 13, 2024Announcement under Regulation 30 (LODR)-Investor PresentationNov 13, 2024
Nov 13, 2024Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 13, 2024
Nov 13, 2024Board Meeting Outcome for Outcome Of The Board Meeting Dated November 13, 2024Nov 13, 2024
Nov 13, 2024Outcome For The Board Meeting Dated November 13, 2024.Nov 13, 2024
Nov 13, 2024Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderNov 09, 2024
Nov 09, 2024Technical Indicators
RSI(14)
Neutral 69.24
ATR(14)
Less Volatile 393.23
STOCH(9,6)
Neutral 72.87
STOCH RSI(14)
Neutral 31.37
MACD(12,26)
Bullish 22.56
ADX(14)
Strong Trend 38.90
UO(9)
Bearish 56.84
ROC(12)
Uptrend But Slowing Down 10.43
WillR(14)
Overbought -18.38
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,
3 days)
Website
Chairperson NameSatyanarayan Nuwal
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