Solar Industries India Ltd share price logo

Solar Industries India Ltd Share Price

(SOLARINDS)

₹134522.51%

as on 04:01PM, 29 Apr 2025

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Solarinds Performance

  • Day's Low

    Day's High

    ₹13,150
    Day's Price Range
    ₹13,664
  • 52 Week's Low

    52 Week's High

    ₹7,888.25
    52-Week Price Range
    ₹13,664
1 Month Return+ 20.85 %
3 Month Return+ 33.67 %
1 Year Return+ 50 %
Previous Close₹13,123.00
Open₹13,190.00
Volume2.02L
Upper Circuit₹14,435.00
Lower Circuit₹11,811.00
Market Cap₹1,21,727.22Cr

Solarinds Fundamentals

P/E Ratio

108.46

PEG Ratio

3.11

Market Cap

₹1,21,727.22 Cr

P/B Ratio

33.89

EPS

96.71

Dividend Yield

0.1

Sector

Aerospace & Defence

ROE

28.99

Solarinds Analyst Rating

based on 5 analysts

BUY

80.00%

Buy

20.00%

Hold

0.00%

Sell

Based on 5 analysts offering long term price targets for Solarinds. An average target of ₹12453

Source: S&P Global Market Intelligence

Solarinds Share analysis

Solarinds price forecast by 5 analysts

Downside of-7.43%

High

₹16000

Target

₹12453.00

Low

₹9620

Solarinds target price ₹12453, a slight downside of -7.43% compared to current price of ₹13452. According to 5 analysts rating.

Source: S&P Global Market Intelligence

Key events for Solar Industries India Ltd

  • Solar Industries Shows Strong Momentum for Upside Rally - 29 Apr, 2025

    Solar Industries has experienced a significant breakout, surpassing its all-time high resistance at ₹13,298. With strong volume and momentum indicators, the stock is projected to target ₹15,000, while maintaining a stop-loss at ₹13,000 to manage risk.
  • Solar Industries Breaks Resistance, Hits New High - 28 Apr, 2025

    Solar Industries India Ltd broke a significant resistance level of Rs. 12,607.05 on April 22, 2025, marking a breakout after nine months. The stock closed at Rs. 12,705.00, indicating potential overbought conditions.
  • Solar Industries Sees Strong Growth and Target Price Increase - 23 Apr, 2025

    Solar Industries India Ltd is experiencing significant growth, with shares nearing an all-time high. ICICI Securities raised the target price to ₹16,000, driven by robust defence business expansion and strong earnings. The stock is currently trading at ₹12,830, with potential risks noted due to overbought conditions.
  • Solar Industries Expands Stronghold in Defence Sector - 02 Apr, 2025

    Solar Industries, a long-time explosives manufacturer, is significantly increasing its presence in the defence market, anticipating a 30-35% revenue share. Recent deals include a ₹10,000 crore procurement for the Pinaka rocket launcher and a ₹12,700 crore MoU for a Mega Defence project in Nagpur, potentially generating ₹25,000 crore in revenue.

Insights on Solar Industries India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, SOLARINDS stock has moved up by 37.2%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 6.83% to 6.92% in Mar 2025 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, SOLARINDS has outperformed top 5 stocks with highest market-cap in Commodity Chemicals

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 6 quarters, 1.35K Cr → 1.98K Cr (in ₹), with an average increase of 7.3% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 11.74% to 12.94% in Mar 2025 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, SOLARINDS has outperformed top 5 stocks with highest market-cap in Commodity Chemicals

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 285.88 Cr → 314.87 Cr (in ₹), with an average increase of 9.2% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 73.15% of holdings in Mar 2025 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 7.23% to 5.82% in Mar 2025 quarter

Solarinds Financials

Value in ₹ crore
DetailsQ'4 23Q'1 24Q'2 24Q'3 24Q'4 24
Revenue₹1,429.14Cr (-)₹1,610.71Cr (↑12.70%)₹1,684.80Cr (↑4.60%)₹1,715.83Cr (↑1.84%)₹1,973.08Cr (↑14.99%)
Net Income₹221.94Cr (-)₹242.71Cr (↑9.36%)₹300.54Cr (↑23.83%)₹303.78Cr (↑1.08%)₹337.50Cr (↑11.10%)
Net Profit Margin15.53% (-)15.07% (↓2.96%)17.84% (↑18.38%)17.70% (↓0.78%)17.11% (↓3.33%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,611.37Cr (-)₹2,020.26Cr (↑25.38%)₹2,777.72Cr (↑37.49%)₹3,244.69Cr (↑16.81%)
Total Liabilities₹454.56Cr (-)₹654.67Cr (↑44.02%)₹1,010.27Cr (↑54.32%)₹898.22Cr (↓11.09%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹194.93Cr (-)₹147.77Cr (↓24.19%)₹294.01Cr (↑98.96%)₹132.72Cr (↓54.86%)₹769.70Cr (↑479.94%)

Solarinds Index Inclusions

S&P BSE Momentum

₹2,059.88

0.37 (7.51%)

Nifty Midcap 100

₹54,587.95

0.27 (147.7%)

BSE 200

₹10,986.45

0.04 (4.25%)

S&P BSE 150 MidCap

₹14,998.79

0.26 (38.88%)

S&P BSE 400 MidSmallCap

₹11,199.56

0.25 (27.99%)

Nifty LargeMidcap 250

₹15,416.05

0.1 (15.35%)

BSE 500

₹34,785.55

0.06 (19.76%)

S&P BSE Commodities

₹7,282.22

-0.7 (-51.25%)

Nifty 200

₹13,469.00

0.03 (4.4%)

Nifty Midcap 150

₹20,009.05

0.21 (42.35%)

S&P BSE 250 LargeMidCap

₹10,387.30

0.04 (4.03%)

Nifty MidSmallcap 400

₹18,431.30

0.21 (38.8%)

BSE Mid-Cap

₹43,194.16

0.23 (97.15%)

Nifty 500

₹22,112.40

0.05 (10.55%)

Solarinds Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.15%
0.00
Foreign Institutions
5.82%
0.00
Mutual Funds
12.94%
0.00
Retail Investors
6.92%
0.00
Others
1.17%
0.00

Solarinds Key Indicators

Details20202021202220232024
Return On Equity %22.3917.3620.7428.4328.99
Details20202021202220232024
Return On Assets %19.2417.1521.8427.2625.76
Details20202021202220232024
Book Value Per Share (₹)152.5174.52211.52288.44365.26
Details20202021202220232024
Earning Per Share (₹)30.7931.8350.3389.6396.71

Solarinds Valuation

Solarinds in the last 5 years

  • Overview

  • Trends

Lowest (27.43x)

March 23, 2020

Industry (59.91x)

April 29, 2025

Today (108.46x)

April 29, 2025

Highest (120.92x)

July 10, 2024

LowHigh

Solarinds Earnings and Dividends

  • Solar Industries India Ltd Earnings Results

    Solar Industries India Ltd’s net profit jumped 54.86% since last year same period to ₹314.87Cr in the Q3 2024-2025. On a quarterly growth basis, Solar Industries India Ltd has generated 10.14% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Solar Industries India Ltd Dividends May,2024

    In the quarter ending March 2024, Solar Industries India Ltd has declared dividend of ₹8.50 - translating a dividend yield of 0.06%.

    Read More about Dividends

Solarinds Technicals Summary

Bearish

Neutral

Bullish

Bullish

Solar Industries India Ltd is currently in a Bullish trading position according to technical analysis indicators.

Solarinds Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹1,21,727.22 Cr283.83%0.56₹875 Cr₹6,069 Cr
BUY₹27,106.75 Cr58.53%0.51₹810 Cr₹7,681 Cr
BUY₹21,424.79 Cr2.17%0.53NANA
BUY₹22,382.57 Cr37.37%0.52₹270 Cr₹2,065 Cr
BUY₹19,904.10 Cr7.86%0.50₹324 Cr₹4,725 Cr

About Solarinds

Solar Industries India Ltd. is an Indian multinational conglomerate company established in 1995 by Mr. Kamal Kumbhat. It is India's largest manufacturer and exporter of explosives and initiating systems, with operations in over 25 countries. The company is headquartered in Nagpur, Maharashtra and is listed on the National Stock Exchange of India.

Solar Industries India Ltd. manufactures and supplies a wide range of products including explosives, detonators, detonating cords, emulsion explosives, blasting accessories, and speciality chemicals. The company also provides services such as blasting services, training and consultancy services, and engineering services. Its popular brands include Solar, Solarite, and Solar-X.

The company's operations are divided into four major lines of business: explosives, detonators, blasting accessories, and speciality chemicals. Its top products include Solarite, Solar-X, and Solar-Gel. Solar Industries India Ltd. is committed to providing its customers with quality products and services that meet the highest safety and environmental standards.

Revenue: ₹1,973.08Cr as on December 2024 (Q4 24)
Net Profit: ₹337.50Cr as on December 2024 (Q4 24)
Listing date: 03 Apr, 2006
Chairperson Name: Satyanarayan Nuwal
OrganisationSolarinds
Headquarters
IndustryAerospace & Defence
E-voting on sharesClick here to vote

FAQs on Solar Industries India Ltd

What is Solar Industries India Ltd price today?

Solar Industries India Ltd share price today stands at ₹13452, Open: ₹13190, Previous Close: ₹13123, High: ₹13664, Low: ₹13150, 52 Week High: ₹13664, 52 Week Low: ₹7888.25.

How to Buy Solar Industries India Ltd Share in India?

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What are today's traded volumes of Solar Industries India Ltd?

Today's traded volume of Solar Industries India Ltd(SOLARINDS) is 2.02L.

What is today's market capitalisation of Solar Industries India Ltd?

Today's market capitalisation of Solar Industries India Ltd(SOLARINDS) is ₹121727.22Cr.

What is the 52 Week High and Low Range of Solar Industries India Ltd?

Solar Industries India Ltd (SOLARINDS)
Price
52 Week High
₹13664
52 Week Low
₹7888.25

How much percentage Solar Industries India Ltd is down from its 52 Week High?

Solar Industries India Ltd (SOLARINDS) share price is ₹13452. It is down -1.55% from its 52 Week High price of ₹13664

How much percentage Solar Industries India Ltd is up from its 52 Week low?

Solar Industries India Ltd (SOLARINDS) share price is ₹13452. It is up 70.53% from its 52 Week Low price of ₹7888.25