SOLARINDS

Solar Industries India Ltd.

NSE: SOLARINDS

BSE: 532725

Sector: Chemicals

Industry Group: Chemicals & Petrochemicals

Industry: Explosives

19,800.00-125.0 (-0.63%)

25 Aug, 3:30 PM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

87.4 / 100

Value Score

5.9 / 100

Price Momentum Score

93.2 / 100

QVM Score

72.7 / 100

Key Metrics

Market Cap

1,80,301 Cr

P/E (TTM)

90.54

P/B

28.72

P/S (TTM)

15.88

EV/EBITDA

58.46

CAPE (5Y)

164.62

ROE (TTM)

31.46

ROCE (TTM)

36.61

ROA (TTM)

17.49

Avg 3Y ROE

30.39

Earnings 3Y CAGR

36.41

Sales 3Y CAGR

17.55

Sales 5Y CAGR

31.84

Debt/Equity

0.24

Consensus TP

22505.00

Strong Buy %

26.67

Promoter Holding

73.15

Pledged %

2.27

Stock Analysis

Fundamental analysis overview of Solar Industries India Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong price momentum

Price Momentum score of 93.2 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

93.2 / 100

Analysts have been raising forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has increased by 20.19% in the last 3 months, indicating earnings momentum

What is Earnings upgrade (3M)?

High and stable ROE

The company reported strong ROE of 31.46% for 12-month ended 30 Jun 2026 and ROE improved marginally by 0 bps from 1 year ago

What is ROE (FY)?

High and improving operating margin

The company reported strong operating margin of 24.91% for 12-month ended 30 Jun 2026 and operating margin improved by 183 bps from 1 year ago

What is Operating profit margin?

Strong revenue growth and above median growth of industry

The company delivered strong revenue growth of 41.72% for 12-month ended 30 Jun 2026 and the growth was 48.24 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: -6.52

Value 41.72

-81.8941.72

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 57.83% for 12-month ended 30 Jun 2026 and the growth was 24.87 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.24 as on 30 Jun 2026 and Debt to Equity increased marginally by 0.02 in the last 1 year

What is Debt to Equity?

Consistently pays dividend

The company has not missed dividend payments once in the last 10 financial years

What is Dividend streak?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 90.54 indicates that the stock is expensive on a standalone basis and is at a 49.6% premium to industry median P/E

What is P/E Ratio?

Median: 60.52

Value 90.54

1.3106.95

Low dividend yield

The company has a low dividend yield of 0.06%

What is Dividend yield?

Neutral

Company's earnings are of moderate quality

Earnings quality score of 35.9 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

35.9 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Solar Industries India Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Solar Industries India Ltd. Shareholding Pattern

Quarterly breakdown of Solar Industries India Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total 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	73.15	73.15	73.15	73.15
Indian 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	73.15	73.15	73.15	73.15
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	22.22	22.09	22.13	22.00	22.25	22.19	22.00	21.80	21.44	21.36	21.24	21.18	20.94	20.81	21.13	20.96	20.62	20.30	20.21	20.01	19.93	20.37	20.00	19.64	19.50	19.76
Mutual Funds / UTI	17.05	16.64	16.61	16.11	16.21	16.03	15.61	15.17	15.00	14.45	14.25	14.10	13.99	14.67	14.90	14.48	13.83	12.06	11.71	11.74	12.94	12.22	11.70	11.96	11.93	12.25
FI/Bank/Insurance	1.18	1.03	0.69	0.54	0.62	0.62	0.58	0.19	0.00	0.01	0.02	0.02	0.02	0.03	0.02	0.29	0.33	0.35	0.68	0.73	0.79	0.93	0.83	0.50	0.49	0.54
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	3.99	4.41	4.83	5.35	5.41	5.53	5.81	6.37	6.28	6.63	6.64	6.72	6.63	5.79	5.89	5.90	6.10	7.56	7.53	7.23	5.82	6.79	7.11	6.74	6.59	6.39
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.07	0.16	0.27	0.33	0.33	0.31	0.31	0.32	0.29	0.36	0.33	0.29	0.31	0.37	0.43	0.36	0.44	0.47	0.57
Non-Institution	4.64	4.76	4.72	4.85	4.60	4.67	4.85	5.05	5.41	5.49	5.61	5.67	5.91	6.04	5.72	5.89	6.23	6.55	6.65	6.84	6.92	6.48	6.85	7.21	7.35	7.10
Bodies Corporate	0.81	0.89	0.85	0.92	0.78	0.81	0.77	0.66	0.94	0.94	0.98	0.95	0.98	1.00	0.94	0.99	1.02	1.07	1.11	1.15	1.20	1.23	1.34	1.33	1.30	1.28
Others (incl. Retail) No. of shareholders	3.83 12,840	3.87 13,515	3.87 14,445	3.93 15,583	3.82 14,304	3.86 17,264	4.08 24,795	4.39 33,120	4.47 28,349	4.55 31,423	4.63 38,874	4.72 48,697	4.93 51,350	5.04 50,620	4.78 49,551	4.90 57,324	5.21 63,666	5.48 71,853	5.54 77,325	5.69 82,863	5.72 94,083	5.25 96,323	5.51 1,03,627	5.88 1,12,674	6.05 1,14,665	5.82 1,15,308

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	SHI: Chemicals & Petrochemicals	15.65%	1 / 20
2	Nifty 500 Momentum Quality 50	3.53%	12 / 50
3	Nifty100 Quality 30	2.72%	19 / 30
4	Nifty 200 Quality 30	2.7%	21 / 30
5	Nifty 200 Momentum 30	1.95%	24 / 30
6	Nifty Next 50	1.76%	27 / 50
7	Nifty 100 Equal Weight	1.02%	37 / 100
8	Nifty Alpha 50	0.67%	49 / 50
9	Nifty 100	0.33%	76 / 100
10	Nifty 500	0.22%	101 / 499

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Solar Industries India Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Manish Satyanarayan Nuwal Promoters Immediate Relative	January-2022	Inter-se Transfer (Acquisition) 19th Jan 2022	27.88 %	₹ 0.00	4.00 cr	₹ 0.00
Satyanarayan Nandlal Nuwal Promoters Immediate Relative	January-2022	Inter-se Transfer (Disposal) 19th Jan 2022	14.63 %	₹ 0.00	1.00 cr	₹ 0.00

Corporate Actions

History of Solar Industries India Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 11/share
Record date: 28th Jul 2026Ex-date: 28th Jul 2026
Announced on: 15th May 2026
Dividend₹ 10/share
Record date: 8th Jul 2025Ex-date: 8th Jul 2025
Announced on: 20th May 2025
Dividend₹ 8.50/share
Record date: 4th Jul 2024Ex-date: 4th Jul 2024
Announced on: 16th May 2024
Dividend₹ 8/share
Record date: 9th Jun 2023Ex-date: 9th Jun 2023
Announced on: 3rd May 2023
Dividend₹ 7.50/share
Record date: 30th May 2022Ex-date: 27th May 2022
Announced on: 3rd May 2022

Company Profile

Overview of Solar Industries India Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Solar Industries India Limited is an India-based integrated global explosives company. The Company is primarily involved in the manufacturing of complete range of industrial explosives and explosive initiating devices. Its segment is Explosives and its accessories. The Companys products include indu...

Key personnel

Shri. Moneesh Agrawal

Joint Chief Financial Officer

Smt. Shalinee Mandhana

Joint Chief Financial Officer

Ms. Khushboo Anish Pasari

Compliance Officer, Company Secretary

Shri. Satyanarayan Nandlal NuwalD

Non-Executive Chairman of the Board

Shri. Manish Satyanarayan NuwalD

Chief Executive Officer, Managing Director, Executive Director

Shri. Milind DeshmukhD

Whole Time Director

Shri. Suresh MenonD

Whole Time Director

Ms. Girija BalakrishnanD

Additional Non-Executive Independent Director

View all

Incorporated on

24 Feb 1995

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

2,351

IPO date

28 Mar 2006

Free Float

2,42,96,432

Website

https://solargroup.com/

Phone no.

+917126634555

Address

Solar House 14, Kachimet, Amravati Road Nagpur, NAGPUR, 440023, India

Frequently Asked Questions

What is the current share price of Solar Industries India Ltd.?

The current share price of Solar Industries India Ltd. is ₹ 19,800.00 as of 25 Aug 2026.

What is the market capitalisation of Solar Industries India Ltd.?

The market capitalisation of Solar Industries India Ltd. stands at ₹ 1,80,301.00 Cr.

What is the PE ratio of Solar Industries India Ltd.?

The Price-to-Earnings (PE) ratio of Solar Industries India Ltd. is 90.54 as of the latest trailing twelve months data.

What is the ROE and ROCE of Solar Industries India Ltd.?

Solar Industries India Ltd. has a Return on Equity (ROE) of 31.46% and a Return on Capital Employed (ROCE) of 36.61% as per the latest financial reports.

What is the 52-week high and low of Solar Industries India Ltd.?

The 52-week high of Solar Industries India Ltd. is - and the 52-week low is -.

What is the dividend yield of Solar Industries India Ltd.?

The dividend yield of Solar Industries India Ltd. is 0.06% based on the current market price.

What is the FII and DII holding in Solar Industries India Ltd.?

Foreign Institutional Investors (FII) hold 6.39%, Domestic Institutional Investors (DII) hold 12.79% and retail/public investors hold 5.82% of Solar Industries India Ltd. shares.

What sector does Solar Industries India Ltd. belong to?

Solar Industries India Ltd. operates in the Chemicals sector. 73.33% of analysts have a Buy or Strong Buy rating on Solar Industries India Ltd. with a consensus target price of ₹ 22,505.00, implying 12.95% upside from current levels.

What is the beta of Solar Industries India Ltd.?

The beta of Solar Industries India Ltd. is 0.85, indicating its price volatility relative to the broader market. Over the past 1 year, Solar Industries India Ltd. has delivered an absolute return of 31.95%.

What is the RSI of Solar Industries India Ltd.?

The 14-day Relative Strength Index (RSI) of Solar Industries India Ltd. is 62.43, placing it approaching overbought territory. An RSI above 70 is considered overbought and below 30 is considered oversold.

Solar Industries India Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Solar Industries India Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Corporate Actions

Holdings and Presence

Company Profile