What is the share price of Solar Industries India Ltd (SOLARINDS) today?
The share price of SOLARINDS as on 30th May 2025 is ₹16104. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on Solar Industries India Ltd (SOLARINDS) share?
The past returns of Solar Industries India Ltd (SOLARINDS) share are- Past 1 week: 8.10%
- Past 1 month: 20.10%
- Past 3 months: 84.88%
- Past 6 months: 52.78%
- Past 1 year: 74.90%
- Past 3 years: 494.92%
- Past 5 years: 1686.55%
What are the peers or stocks similar to Solar Industries India Ltd (SOLARINDS)?
The peers or stocks similar to Solar Industries India Ltd (SOLARINDS) include:What is the dividend yield % of Solar Industries India Ltd (SOLARINDS) share?
The current dividend yield of Solar Industries India Ltd (SOLARINDS) is 0.06.What is the market cap of Solar Industries India Ltd (SOLARINDS) share?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Solar Industries India Ltd (SOLARINDS) is ₹145725.18 Cr as of 30th May 2025.What is the 52 week high and low of Solar Industries India Ltd (SOLARINDS) share?
The 52-week high of Solar Industries India Ltd (SOLARINDS) is ₹16305 and the 52-week low is ₹7888.25.What is the PE and PB ratio of Solar Industries India Ltd (SOLARINDS) stock?
The P/E (price-to-earnings) ratio of Solar Industries India Ltd (SOLARINDS) is 120.49. The P/B (price-to-book) ratio is 42.52.Which sector does Solar Industries India Ltd (SOLARINDS) belong to?
Solar Industries India Ltd (SOLARINDS) belongs to the Materials sector & Commodity Chemicals sub-sector.How to buy Solar Industries India Ltd (SOLARINDS) shares?
You can directly buy Solar Industries India Ltd (SOLARINDS) shares on Tickertape. Simply sign up, connect your demat account and place your order.
Solar Industries India Ltd
SOLARINDS Share Price
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SOLARINDS Performance & Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
120.49 | 42.52 | 0.06% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
26.80 | 3.45 | 1.61% |
SOLARINDS Analyst Ratings & Forecast
Detailed Forecast from 5 analysts
Price Upside
Earnings Growth
Rev. Growth
SOLARINDS Company Profile
Solar Industries India Limited is an explosives manufacturing company. The Company manufactures, supplies and exports industrial explosives and initiating systems.
Investor Presentation
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SOLARINDS Stock Summary · February 2025
In Q3 FY25, the company achieved record revenue and profitability, driven by a remarkable 38% year-on-year growth, particularly in the defense sector, which saw a staggering 570% increase despite external challenges like heavy monsoons and election-related demand fluctuations. While the overall revenue growth is expected to fall short of initial projections due to domestic market slowdowns, management remains optimistic about long-term recovery starting January 2025. The international business is thriving, with significant export orders and expansion plans in Thailand and Kazakhstan, enhancing future prospects. However, the lengthy execution timelines for major defense projects pose cash flow challenges, necessitating careful management of margins amid evolving market dynamics.
Key Points on Solarinds Stock
SOLARINDS Stock Growth Drivers
6Record Financial Performance
The company achieved record quarterly results, reporting a revenue of Rs. 1,973 crores, a 38%
International Business Growth
The company reported a remarkable 21% growth in its international business, reaching Rs. 758 crores
SOLARINDS Stock Challenges
5Flat Performance in Core Explosive Business
The core explosive business has shown flat performance in the latest quarter, primarily due to
Reduced Revenue Growth Expectations
The company initially projected a 30% revenue growth; however, a slowdown in the domestic market
SOLARINDS Forecasts
SOLARINDS Forecast
Price
Revenue
Earnings
SOLARINDS Share Price Forecast
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SOLARINDS Company Revenue Forecast
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SOLARINDS Stock EPS (Earnings Per Share) Forecast
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SOLARINDS
Income
Balance Sheet
Cash Flow
SOLARINDS Income Statement
Financial Year | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 1,593.20 | 1,928.22 | 2,476.29 | 2,278.35 | 2,537.05 | 3,967.27 | 6,954.05 | 6,114.34 | 7,616.64 | 7,619.22 | ||||||||||
Raw Materials | 923.69 | 1,100.98 | 1,390.80 | 1,257.14 | 1,384.45 | 2,367.38 | 4,379.76 | 3,112.55 | 5,579.90 | 5,582.48 | ||||||||||
Power & Fuel Cost | 18.59 | 20.76 | 28.90 | 30.64 | 32.12 | 42.59 | 61.64 | 60.09 | ||||||||||||
Employee Cost | 104.31 | 133.48 | 174.06 | 195.95 | 221.97 | 267.47 | 330.60 | 400.45 | ||||||||||||
Selling & Administrative Expenses | 128.94 | 198.22 | 235.89 | 249.40 | 267.40 | 390.58 | 547.32 | 578.75 | ||||||||||||
Operating & Other expenses | 80.57 | 51.13 | 136.03 | 69.85 | 95.09 | 132.33 | 314.56 | 548.47 | ||||||||||||
EBITDA | 337.10 | 423.65 | 510.61 | 475.37 | 536.02 | 766.92 | 1,320.17 | 1,414.03 | 2,036.74 | 2,036.74 | ||||||||||
Depreciation/Amortization | 38.74 | 51.29 | 58.89 | 84.53 | 93.53 | 109.25 | 128.21 | 143.38 | 181.50 | 181.50 | ||||||||||
PBIT | 298.36 | 372.36 | 451.72 | 390.84 | 442.49 | 657.67 | 1,191.96 | 1,270.65 | 1,855.24 | 1,855.24 | ||||||||||
Interest & Other Items | 26.89 | 32.72 | 49.87 | 55.04 | 45.39 | 50.25 | 90.38 | 109.37 | 116.50 | 116.50 | ||||||||||
PBT | 271.47 | 339.64 | 401.85 | 335.80 | 397.10 | 607.42 | 1,101.58 | 1,161.28 | 1,738.74 | 1,738.74 | ||||||||||
Taxes & Other Items | 84.93 | 119.09 | 140.24 | 68.37 | 120.75 | 166.14 | 344.39 | 325.35 | 529.30 | 529.30 | ||||||||||
Net Income | 186.54 | 220.55 | 261.61 | 267.43 | 276.35 | 441.28 | 757.19 | 835.93 | 1,209.44 | 1,209.44 | ||||||||||
EPS | 20.61 | 24.37 | 28.91 | 29.55 | 30.54 | 48.77 | 83.68 | 92.38 | 133.65 | 133.65 | ||||||||||
DPS | 5.00 | 6.00 | 7.00 | 6.00 | 6.00 | 7.50 | 8.00 | 8.50 | 10.00 | 8.50 | ||||||||||
Payout ratio | 0.24 | 0.25 | 0.24 | 0.20 | 0.20 | 0.15 | 0.10 | 0.09 | 0.07 | 0.06 |
SOLARINDS Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
SOLARINDS Past Performance & Peer Comparison
MaterialsCommodity Chemicals
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Solar Industries India Ltd | 120.49 | 42.52 | 0.06% |
Linde India Ltd | 140.73 | 18.46 | — |
Deepak Nitrite Ltd | 39.66 | 5.73 | 0.37% |
Sumitomo Chemical India Ltd | 50.04 | 10.35 | 0.41% |
SOLARINDS Stock Price Comparison
Compare SOLARINDS with any stock or ETFSOLARINDS Shareholdings
SOLARINDS Promoter Holdings Trend
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant
SOLARINDS Institutional Holdings Trend
In last 3 months, retail holding in the company has almost stayed constant
In last 3 months, foreign institutional holding of the company has decreased by 1.41%
SOLARINDS Shareholding Pattern
SOLARINDS Shareholding History
Mutual Funds Invested in SOLARINDS
In last 3 months, mutual fund holding of the company has increased by 1.20%
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) |
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The rupee value of the stock held by the fund divided by the stock’s market cap 2.2597% | Percentage of the fund’s portfolio invested in the stock 4.45% | Change in the portfolio weight of the stock over the last 3 months 1.18% | 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 2/118 (+6) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.2378% | Percentage of the fund’s portfolio invested in the stock 5.12% | Change in the portfolio weight of the stock over the last 3 months 1.41% | 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 3/33 (+4) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.9985% | Percentage of the fund’s portfolio invested in the stock 2.93% | Change in the portfolio weight of the stock over the last 3 months 0.74% | 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 6/69 (+6) |
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SOLARINDS Events
SOLARINDS Dividend Trend
SOLARINDS has increased dividends consistently over the last 5 years
Current dividend yield is 0.06%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹0.62 every year
Dividends
Corp. Actions
Announcements
Legal Orders
SOLARINDS Upcoming Dividends
No upcoming dividends are available
SOLARINDS Past Dividends
Cash Dividend
Ex DateEx DateJul 4, 2024
Dividend/Share
₹8.50
Ex DateEx Date
Jul 4, 2024
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
SOLARINDS Stock News & Opinions
Solar Industries India announced that the 30th Annual General Meeting(AGM) of the company will be held on 22 July 2025.Powered by Capital Market - Live
Net profit of Solar Industries India rose 37.09% to Rs 322.23 crore in the quarter ended March 2025 as against Rs 235.05 crore during the previous quarter ended March 2024. Sales rose 34.51% to Rs 2166.55 crore in the quarter ended March 2025 as against Rs 1610.71 crore during the previous quarter ended March 2024. For the full year,net profit rose 44.68% to Rs 1209.44 crore in the year ended March 2025 as against Rs 835.93 crore during the previous year ended March 2024. Sales rose 24.23% to Rs 7540.26 crore in the year ended March 2025 as against Rs 6069.52 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales2166.551610.71 35 7540.266069.52 24 OPM %24.7921.96 -26.0022.56 - PBDT514.86342.39 50 1920.241304.66 47 PBT464.37305.38 52 1738.741161.28 50 NP322.23235.05 37 1209.44835.93 45 Powered by Capital Market - Live
Solar Industries India announced that the Board of Directors of the Company at its meeting held on 20 May 2025, inter alia, have recommended the final dividend of Rs 10 per equity Share (i.e. 500%) , subject to the approval of the shareholders.Powered by Capital Market - Live
Solar Industries India will hold a meeting of the Board of Directors of the Company on 20 May 2025.Powered by Capital Market - Live
Solar Industries India has received reaffirmation in credit ratings from CRISIL at CRISIL AA+/ Stable for bank facilities aggregating Rs 1479.50 crore. Powered by Capital Market - Live
Solar Industries India has signed a contract worth Rs 239 crore with Ministry of Defence, Government of India for Supply of Multi Mode Hand Grenade, to be delivered over a period of 1 year.Powered by Capital Market - Live
The project involves the supply of multi-mode handgrenades for the Ministry of Defence, to be completed within 1 year. Solar Industries India (SIIL) is the flagship company of the Solar Group. SIIL, along with its subsidiaries, manufactures bulk explosives, packaged explosives, and initiating systems, which find application in the mining, infrastructure, and construction industries. The Group forayed into the defence sector in 2010 and diversified into the manufacturing of propellants for missiles and rockets, warheads, and warhead explosives. The company's consolidated net profit rose 54.86% to Rs 314.87 crore on a 38.06% increase in sales to Rs 1,973.08 crore in Q3 FY25 as compared with Q3 FY24. Shares of Solar Industries India rose 0.30% to Rs 8,999 on the BSE.Powered by Capital Market - Live
Solar Industries India and its subsidiary have received export orders worth Rs 2150 crore for supply of defence products, to be delivered over a period of 6 years.Powered by Capital Market - Live
The entire contract is to be executed over a period of six years. Solar Industries India (SIIL) is the flagship company of the Solar Group. SIIL, along with its subsidiaries, manufactures bulk explosives, packaged explosives, and initiating systems, which find application in the mining, infrastructure, and construction industries. The Group forayed into the defence sector in 2010 and diversified into the manufacturing of propellants for missiles and rockets, warheads, and warhead explosives. The company's consolidated net profit rose 54.86% to Rs 314.87 crore on a 38.06% increase in sales to Rs 1,973.08 crore in Q3 FY25 as compared with Q3 FY24. The scrip fell 1.71% to currently trade at Rs 8572.35 on the BSE Powered by Capital Market - Live
Net profit of Solar Industries India rose 54.86% to Rs 314.87 crore in the quarter ended December 2024 as against Rs 203.33 crore during the previous quarter ended December 2023. Sales rose 38.06% to Rs 1973.08 crore in the quarter ended December 2024 as against Rs 1429.14 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1973.081429.14 38 OPM %26.6924.83 - PBDT506.53337.53 50 PBT459.11298.93 54 NP314.87203.33 55 Powered by Capital Market - Live
Over the last 5 years, revenue has grown at a yearly rate of 19.81%, vs industry avg of 8.53%
Over the last 5 years, market share increased from 3.4% to 4.52%
Over the last 5 years, net income has grown at a yearly rate of 26.15%, vs industry avg of 0.64%