Solar Industries India Ltd
SOLARINDSSolar Industries India Ltd
SOLARINDS
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 67.55 | 19.85 | 0.13% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 23.45 | 3.09 | 2.90% |
Forecast & Ratings
Detailed Forecastfrom 7 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Solar Industries India Limited is an explosives manufacturing company. The Company manufactures, supplies and exports industrial explosives and initiating systems.
Investor Presentation
View olderPeers
Compare with peersLinde India Ltd
Deepak Nitrite Ltd
Sumitomo Chemical India Ltd
Castrol India Ltd
Himadri Speciality Chemical Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,359.80 | 1,461.87 | 1,593.20 | 1,928.22 | 2,476.29 | 2,278.35 | 2,537.05 | 3,967.27 | 6,954.05 | 6,804.58 | ||||||||||
Raw Materials | 760.60 | 871.44 | 923.69 | 1,100.98 | 1,390.80 | 1,257.14 | 1,384.45 | 2,367.38 | 4,379.76 | 5,404.83 | ||||||||||
| Power & Fuel Cost | 16.81 | 17.66 | 18.59 | 20.76 | 28.90 | 30.64 | 32.12 | 42.59 | 61.64 | |||||||||||
| Employee Cost | 79.80 | 87.63 | 104.31 | 133.48 | 174.06 | 195.95 | 221.97 | 267.47 | 330.60 | |||||||||||
| Selling & Administrative Expenses | 171.71 | 106.34 | 128.94 | 198.22 | 235.89 | 249.40 | 267.40 | 390.58 | 543.20 | |||||||||||
| Operating & Other expenses | 78.96 | 61.30 | 80.57 | 51.13 | 136.03 | 69.85 | 95.09 | 132.33 | 318.68 | |||||||||||
EBITDA | 251.92 | 317.50 | 337.10 | 423.65 | 510.61 | 475.37 | 536.02 | 766.92 | 1,320.17 | 1,399.75 | ||||||||||
| Depreciation/Amortization | 31.45 | 32.82 | 38.74 | 51.29 | 58.89 | 84.53 | 93.53 | 109.25 | 128.21 | 135.09 | ||||||||||
| PBIT | 220.47 | 284.68 | 298.36 | 372.36 | 451.72 | 390.84 | 442.49 | 657.67 | 1,191.96 | 1,264.66 | ||||||||||
| Interest & Other Items | 17.85 | 20.44 | 26.89 | 32.72 | 49.87 | 55.04 | 45.39 | 50.25 | 90.38 | 106.26 | ||||||||||
| PBT | 202.62 | 264.24 | 271.47 | 339.64 | 401.85 | 335.80 | 397.10 | 607.42 | 1,101.58 | 1,158.40 | ||||||||||
| Taxes & Other Items | 55.21 | 100.58 | 84.93 | 119.09 | 140.24 | 68.37 | 120.75 | 166.14 | 344.39 | 350.17 | ||||||||||
| Net Income | 147.41 | 163.66 | 186.54 | 220.55 | 261.61 | 267.43 | 276.35 | 441.28 | 757.19 | 808.23 | ||||||||||
| EPS | 16.29 | 18.09 | 20.61 | 24.37 | 28.91 | 29.55 | 30.54 | 48.77 | 83.68 | 89.32 | ||||||||||
| DPS | 3.40 | 4.50 | 5.00 | 6.00 | 7.00 | 6.00 | 6.00 | 7.50 | 8.00 | 8.00 | ||||||||||
| Payout ratio | 0.21 | 0.25 | 0.24 | 0.25 | 0.24 | 0.20 | 0.20 | 0.15 | 0.10 | 0.09 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
MaterialsCommodity Chemicals
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Solar Industries India Ltd | 72.10 | 19.85 | 0.13% |
| Linde India Ltd | 95.22 | 16.32 | 0.20% |
| Deepak Nitrite Ltd | 35.38 | 7.37 | 0.34% |
| Sumitomo Chemical India Ltd | 40.62 | 8.57 | 0.29% |
Price Comparison
Compare SOLARINDS with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Solar Industries India Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
SBI Equity Hybrid Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 3.0990% | Percentage of the fund’s portfolio invested in the stock 2.85% | Change in the portfolio weight of the stock over the last 3 months 0.90% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 7/100 (+12) |
SBI Focused Equity Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.3173% | Percentage of the fund’s portfolio invested in the stock 4.32% | Change in the portfolio weight of the stock over the last 3 months 0.89% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 13/31 (0) |
KOTAK EMERGING EQUITY SCHEME - DIRECT PLAN - GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.0745% | Percentage of the fund’s portfolio invested in the stock 3.36% | Change in the portfolio weight of the stock over the last 3 months 0.90% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 4/84 (+6) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 0.13%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹1.29 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 9, 2023
Dividend/Share
₹8.00
Ex DateEx Date
Jun 9, 2023
Cash Dividend
Ex DateEx DateMay 27, 2022
Dividend/Share
₹7.50
Ex DateEx Date
May 27, 2022
Cash Dividend
Ex DateEx DateAug 18, 2021
Dividend/Share
₹6.00
Ex DateEx Date
Aug 18, 2021
Cash Dividend
Ex DateEx DateSep 3, 2020
Dividend/Share
₹6.00
Ex DateEx Date
Sep 3, 2020
Cash Dividend
Ex DateEx DateJul 18, 2019
Dividend/Share
₹7.00
Ex DateEx Date
Jul 18, 2019
News & Opinions
Solar Industries Q2 Results Review - Record Margins; Benign Prospects: ICICI Securities
4 weeks ago•Bloomberg Quint
One dead, 2 injured in fire at Solar Industries’ Nagpur facility
3 months ago•Moneycontrol
Solar Industries Q1 Results Review - Volatility Bottoming Out; Pinaka Order Awaited: ICICI Securities
3 months ago•Bloomberg Quint
Technical Analysis: Ircon International, Solar Industries India and Sterling and Wilson Renewable Energy
4 months ago•The Hindu Businessline
Solar Industries India Q1 PAT may dip 2% YoY to Rs. 166.8 cr: Nirmal Bang
4 months ago•Moneycontrol
Solar Industries AGM exposes feud between Nuwal brothers
5 months ago•Economic Times
From sleeping on Railway platforms to building Rs 35,800 crore company, meet Satyanarayan Nuwal, Chairman of Solar Industries | The Financial Express
6 months ago•Financial Express
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 29.25%, vs industry avg of 15.81%
Increasing Market Share
Over the last 5 years, market share increased from 2.56% to 5.6%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 27.98%, vs industry avg of 19.31%