Solarinds Analyst Rating
based on 4 analysts
50.00%
Buy
50.00%
Hold
0.00%
Sell
Based on 4 analysts offering long term price targets for Solarinds. An average target of ₹11698
Source: S&P Global Market Intelligence
Solarinds Share analysis
Solarinds price forecast by 4 analysts
Upside of27.11%
High
₹13250
Target
₹11698.00
Low
₹10670
Solarinds target price ₹11698, a slight upside of 27.11% compared to current price of ₹9533.25. According to 4 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Solarinds revenue growth forecast
Expected growth rate Q1, FY2027:96.14%
Forecast
Actual
Including amortisation and stock based compensations
Solarinds EPS growth forecast
EPS estimate Q1, FY2027:144.34%
Forecast
Actual
Source: S&P Global Market Intelligence
Solarinds Performance
Day's Low
Day's High
₹9,231.7Day's Price Range₹9,57152 Week's Low
52 Week's High
₹6,27552-Week Price Range₹13,298
| Returns % | |
| 1 Month Return | -12.61 % |
| 3 Month Return | -19.17 % |
| 1 Year Return | + 28.73 % |
| Market Stats | |
| Previous Close | ₹9,203.30 |
| Open | ₹9,279.90 |
| Volume | 68.89K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹83,280.71Cr |
Solarinds Key Statistics
| P/E Ratio | 82.39 |
| PEG Ratio | 3.68 |
| Market Cap | ₹83,280.71 Cr |
| P/B Ratio | 33.89 |
| EPS | 96.71 |
| Dividend Yield | 0.1 |
| Sector | Aerospace & Defence |
| ROE | 28.99 |
Solarinds Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹83,280.71 Cr | 144.38% | 0.56 | ₹875 Cr | ₹6,069 Cr | |
| HOLD | ₹31,927.57 Cr | 100% | 0.51 | ₹810 Cr | ₹7,681 Cr | |
| HOLD | ₹23,267.64 Cr | 6.01% | 0.53 | NA | NA | |
| BUY | ₹18,012.44 Cr | 49.37% | 0.52 | ₹270 Cr | ₹2,065 Cr | |
| BUY | ₹19,834.62 Cr | 11.26% | 0.50 | ₹324 Cr | ₹4,725 Cr |
About Solarinds
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.
Share Price: ₹9533.25 per share as on 15 Jan, 2025 04:01 PM
Market Capitalisation: ₹83,280.71Cr as of today
Revenue: ₹1,715.83Cr as on September 2024 (Q3 24)
Net Profit: ₹303.78Cr as on September 2024 (Q3 24)
Listing date: 03 Apr, 2006
Chairperson Name: Satyanarayan Nuwal
| Organisation | Solarinds |
| Headquarters | |
| Industry | Aerospace & Defence |
| E-voting on shares | Click here to vote |
Key events for Solar Industries India Ltd
Solar Industries Boosts Indigenous Drone Manufacturing - 11 Jan, 2025
A new composite manufacturing facility was inaugurated at Economics Explosives Ltd by Maharashtra's Chief Minister, enhancing Solar Industries' capabilities in UAVs and defense systems. The company plans to invest INR 10,000 crore over the next decade.Solar Industries Reports Revenue and Profit Growth - 09 Jan, 2025
Solar Industries India Limited's shares closed at Rs. 9615.30, down 0.08%. The company reported a 27.39% revenue increase to Rs. 1,716 crore and net profit rose to Rs. 304 crore in FY24.Solar Industries Reports Strong Market Performance - 08 Jan, 2025
Solar Industries India Ltd. shows a current market price of 9,631.05, reflecting a 1.47% increase today and a significant 45.56% gain over the past year.Solar Industries Added to NSE Derivative Segment - 07 Jan, 2025
The National Stock Exchange of India announced that Solar Industries India Ltd. will be part of the Futures & Options segment starting January 31, 2025.Solar Industries Reports Strong Growth and Army Test Success - 05 Jan, 2025
Solar Industries achieved record quarterly EBITDA of Rs 4.75 billion with a 27% YoY growth for Q3 FY25. The Indian Army successfully test-fired six Pinaka rockets manufactured by the company. Management anticipates a top-line growth of around 30% for FY25.Solar Industries Faces Significant Stock Decline - 30 Dec, 2024
On December 30, 2024, Solar Industries India experienced a 3.85% decline, marking a total drop of 4.12% over two days. The stock is trading below all major moving averages, indicating ongoing challenges in the chemicals sector.ICICI Securities Maintains Buy on Solar Industries - 18 Dec, 2024
ICICI Securities has a buy rating on Solar Industries India with a target price of Rs 13,250. The company reported a net profit of Rs 298.68 crore and is expected to benefit from continuous export orders in defense, potentially increasing annual revenue significantly. Promoters hold a 73.15% stake in the company.
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.
POSITIVE IMPACTBest in 1 Year
In the last 1 year, SOLARINDS has outperformed top 5 stocks with highest market-cap in Commodity Chemicals
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 6.64% to 6.83% in Dec 2024 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, SOLARINDS has outperformed top 5 stocks with highest market-cap in Commodity Chemicals
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 11.71% to 11.74% in Dec 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 5 quarters, 1.35K Cr → 1.75K Cr (in ₹), with an average increase of 6.2% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 73.15% of holdings in Dec 2024 quarter
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 286.46 Cr → 285.88 Cr (in ₹), with an average decrease of 0.2% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, SOLARINDS stock has moved down by -25.7%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 7.53% to 7.23% in Dec 2024 quarter
Solarinds Financials
Index Inclusions
Solarinds Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 73.15% | 0.00 | |
| Foreign Institutions | 7.23% | ||
| Mutual Funds | 11.74% | 0.29 | |
| Retail Investors | 6.83% | 2.85 | |
| Others | 1.04% | 7.20 |
Solarinds Key Indicators
Solarinds Valuation
Solarinds in the last 5 years
Lowest (27.43x)
March 23, 2020
Industry (50.95x)
January 14, 2025
Today (82.39x)
January 14, 2025
Highest (120.92x)
July 10, 2024
Solarinds Earnings and Dividends
Solar Industries India Ltd Earnings Results
Solar Industries India Ltd’s net profit jumped 42.84% since last year same period to ₹285.88Cr in the Q2 2024-2025. On a quarterly growth basis, Solar Industries India Ltd has generated -0.2% fall in its net profits since last 3-months.
Read More about Earnings ResultsSolar 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 0.09%.
Read More about Dividends
Solarinds Technicals Summary
Bearish
Neutral
Bullish
Solar Industries India Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Solar Industries India Ltd
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Solar Industries India Ltd (SOLARINDS) share price today is ₹9533.25
Solar Industries India Ltd is listed on NSE
Solar Industries India Ltd is listed on BSE
- Today’s highest price of Solar Industries India Ltd is ₹9571.
- Today’s lowest price of Solar Industries India Ltd is ₹9231.7.
PE Ratio of Solar Industries India Ltd is 82.39
PE ratio = Solar Industries India Ltd Market price per share / Solar Industries India Ltd Earnings per share
Today’s traded volume of Solar Industries India Ltd(SOLARINDS) is 68.89K.
Today’s market capitalisation of Solar Industries India Ltd(SOLARINDS) is ₹83280.71Cr.
| Solar Industries India Ltd(SOLARINDS | Price |
|---|---|
52 Week High | ₹13298 |
52 Week Low | ₹6275 |
Solar Industries India Ltd(SOLARINDS) share price is ₹9533.25. It is down -28.31% from its 52 Week High price of ₹13298
Solar Industries India Ltd(SOLARINDS) share price is ₹9533.25. It is up 51.92% from its 52 Week Low price of ₹6275
| Solar Industries India Ltd(SOLARINDS | Returns |
|---|---|
1 Day Returns | 329.95% |
1 Month Returns | -12.61% |
3 Month Returns | -19.17% |
1 Year Returns | 28.73% |