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 of20.61%
High
₹13250
Target
₹11698.00
Low
₹10670
Solarinds target price ₹11698, a slight upside of 20.61% compared to current price of ₹9744.2. According to 4 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Solarinds revenue growth forecast
Expected growth rate Q1, FY2026:66.87%
Forecast
Actual
Including amortisation and stock based compensations
Solarinds EPS growth forecast
EPS estimate Q1, FY2026:106.31%
Forecast
Actual
Source: S&P Global Market Intelligence
Solarinds Performance
Day's Low
Day's High
₹9,680.2Day's Price Range₹9,847.7552 Week's Low
52 Week's High
₹6,27552-Week Price Range₹13,298
| Returns % | |
| 1 Month Return | -7.45 % |
| 3 Month Return | -14.79 % |
| 1 Year Return | + 44.59 % |
| Market Stats | |
| Previous Close | ₹9,698.95 |
| Open | ₹9,770.00 |
| Volume | 45.45K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹87,765.85Cr |
Solarinds Key Statistics
| P/E Ratio | 86.83 |
| PEG Ratio | 3.88 |
| Market Cap | ₹87,765.85 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 | ₹87,765.85 Cr | 153.45% | 0.56 | ₹875 Cr | ₹6,069 Cr | |
| HOLD | ₹34,305.58 Cr | 110.17% | 0.51 | ₹810 Cr | ₹7,681 Cr | |
| HOLD | ₹25,309.36 Cr | 10.09% | 0.53 | NA | NA | |
| BUY | ₹16,375.03 Cr | 46.08% | 0.52 | ₹270 Cr | ₹2,065 Cr | |
| BUY | ₹20,559.91 Cr | 13.8% | 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: ₹9744.20 per share as on 03 Jan, 2025 04:04 PM
Market Capitalisation: ₹87,765.85Cr 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 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.Solar Industries Secures Major Defence Orders and Revenue Goals - 04 Dec, 2024
Solar Industries India has secured significant export orders worth ₹2,039 crore for defence products, aiming for ₹1,500 crore in revenue this year, contributing 20% to total revenue.Solar Industries Secures Major Defence Orders, Stock Surges - 03 Dec, 2024
Solar Industries India Ltd achieved significant milestones by securing ₹2,039 crore in export orders and delivering indigenous munitions, leading to a stock surge of over 10%. The company reported strong financial performance, with a 45% profit increase in Q2FY25, reflecting robust demand for its defence products.Solar Industries Secures Major Defence Export Orders - 02 Dec, 2024
Solar Industries India Ltd has announced a significant export order worth ₹2,039 crore for advanced defence products, to be fulfilled over four years. This order reinforces the company's position in the defence sector and highlights its strong reputation for quality and reliability.
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 IMPACTRetail Holding Up
Retail Investor have increased holdings from 6.55% to 6.64% in Sep 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
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, SOLARINDS has outperformed top 5 stocks with highest market-cap in Commodity Chemicals
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, SOLARINDS has outperformed top 5 stocks with highest market-cap in Commodity Chemicals
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 73.15% of holdings in Sep 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 7 days, SOLARINDS stock has moved down by -4.8%
- NEGATIVE IMPACT
Profit 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
MF Holding Down
Mutual Funds have decreased holdings from 12.06% to 11.71% in Sep 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 7.57% to 7.53% in Sep 2024 quarter
Solarinds Financials
Index Inclusions
Solarinds Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 73.15% | 0.00 | |
| Foreign Institutions | 7.53% | ||
| Mutual Funds | 11.71% | ||
| Retail Investors | 6.64% | 1.42 | |
| Others | 0.97% | 43.79 |
Solarinds Key Indicators
Solarinds Valuation
Solarinds in the last 5 years
Lowest (27.43x)
March 23, 2020
Industry (56.04x)
January 2, 2025
Today (86.83x)
January 2, 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 ₹9744.2
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 ₹9847.75.
- Today’s lowest price of Solar Industries India Ltd is ₹9680.2.
PE Ratio of Solar Industries India Ltd is 86.83
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 45.45K.
Today’s market capitalisation of Solar Industries India Ltd(SOLARINDS) is ₹87765.85Cr.
| Solar Industries India Ltd(SOLARINDS | Price |
|---|---|
52 Week High | ₹13298 |
52 Week Low | ₹6275 |
Solar Industries India Ltd(SOLARINDS) share price is ₹9744.2. It is down -26.72% from its 52 Week High price of ₹13298
Solar Industries India Ltd(SOLARINDS) share price is ₹9744.2. It is up 55.29% from its 52 Week Low price of ₹6275
| Solar Industries India Ltd(SOLARINDS | Returns |
|---|---|
1 Day Returns | 45.25% |
1 Month Returns | -7.45% |
3 Month Returns | -14.79% |
1 Year Returns | 44.59% |