Solar Industries India Ltd share price logo

Solarinds Share Price

(SOLARINDS)

₹9807.950.44%

as on 10:52AM, 12 Mar 2025

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Solarinds Performance

  • Day's Low

    Day's High

    ₹9,752
    Day's Price Range
    ₹9,910
  • 52 Week's Low

    52 Week's High

    ₹7,255.55
    52-Week Price Range
    ₹13,298
1 Month Return+ 9.03 %
3 Month Return-8.47 %
1 Year Return+ 27.41 %
Previous Close₹9,765.30
Open₹9,807.25
Volume1.16L
Upper Circuit-
Lower Circuit-
Market Cap₹88,366.25Cr

Solarinds Key Statistics

P/E Ratio

78.73

PEG Ratio

2.26

Market Cap

₹88,366.25 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 ₹11447

Source: S&P Global Market Intelligence

Solarinds Share analysis

Solarinds price forecast by 5 analysts

Upside of17.22%

High

₹13720

Target

₹11447.00

Low

₹9620

Solarinds target price ₹11447, a slight upside of 17.22% compared to current price of ₹9807.95. According to 5 analysts rating.

Source: S&P Global Market Intelligence

Key events for Solar Industries India Ltd

  • Bullish Outlook for Solar Industries India Ltd - 12 Mar, 2025

    Analysts recommend buying Solar Industries stock at ₹9,765, targeting ₹10,200-10,300, with a stop loss at ₹9,560. The stock shows bullish indicators, including a potential falling wedge breakout and favorable RSI and MACD readings.
  • Solar Industries Secures Major Defence Export Orders - 10 Mar, 2025

    Solar Industries has a defence order book of Rs 13,000 crore, with 45-50% from exports. The company is well-positioned to benefit from global TNT shortages and has secured interest in its Pinaka rocket system from France, along with testing its counter-drone system, Bhargavastra.
  • Solar Industries Secures Major Defence Contract - 04 Mar, 2025

    Solar Industries India Limited's subsidiary, Solar Defence and Aerospace, has won a Rs 239 crore contract from the Ministry of Defence for multi-mode hand grenades. This order reinforces the company's position in the defence sector, alongside strong financial performance with a 54.86% profit increase in Q3 FY25.
  • Solar Industries: A Multibagger Stock Journey - 01 Mar, 2025

    Solar Industries has transformed ₹1 lakh into ₹2.22 crore over 16 years, despite recent dips. The stock has shown significant long-term growth, with a 25% rise in the past year. Current market cap stands at ₹78,822 crore.
  • Solar Industries Secures Major Defence Export Order - 28 Feb, 2025

    Solar Industries India Limited announced a ₹2,150 crore export order for defence products, to be delivered over six years. The company reported significant revenue growth and a strong order book, despite a slight decline in share price.
  • Solar Industries India Faces Correction Amid Bullish Outlook - 27 Feb, 2025

    Solar Industries India shares have corrected 34% from their record high, yet ICICI Securities remains bullish with a price target of Rs 13,720. The company reported strong Q3 results, with a 55.2% rise in net profit and significant revenue growth. Analysts expect robust revenue and EPS growth driven by defense and domestic sales.
  • Solar Industries Receives Positive Broker Call - 24 Feb, 2025

    ICICI Securities hosted Solar Industries' management, highlighting growth in defence and exports, stable EBITDA margins, and a favorable macro environment. They maintain a 'Buy' rating with a target price of Rs 13,720, viewing recent stock price corrections as a buying opportunity.

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

    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

    Price Rise

    img

    In the last 1 month, SOLARINDS stock has moved up by 11.6%

  • 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

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 6.64% to 6.83% in Dec 2024 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

    MF Holding Up

    img

    Mutual Funds have increased holdings from 11.71% to 11.74% in Dec 2024 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

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 73.15% of holdings in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 7.53% to 7.23% in Dec 2024 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%)

Index Inclusions

S&P BSE 250 LargeMidCap

₹9,517.25

-0.45 (-43.3%)

BSE Mid-Cap

₹39,214.52

-0.95 (-375.15%)

S&P BSE Commodities

₹6,910.09

-0.68 (-47.04%)

Nifty Alpha 50

₹43,056.20

-0.62 (-269.3%)

S&P BSE Momentum

₹1,849.57

-0.74 (-13.7%)

Nifty LargeMidcap 250

₹14,002.45

-0.6 (-84.1%)

Nifty 500

₹20,222.80

-0.39 (-79.7%)

S&P BSE 150 MidCap

₹13,612.18

-0.75 (-102.75%)

S&P BSE 400 MidSmallCap

₹10,177.68

-0.54 (-55.58%)

Nifty 200

₹12,303.65

-0.46 (-56.45%)

Nifty Midcap 150

₹17,938.00

-0.93 (-168.9%)

BSE 200

₹10,065.91

-0.46 (-46.55%)

Nifty MidSmallcap 400

₹16,612.85

-0.59 (-98.75%)

Nifty Midcap 100

₹48,266.35

-1.02 (-496.4%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE 500

₹31,861.91

-0.41 (-129.69%)

Solarinds Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.15%
0.00
Foreign Institutions
7.23%
-3.90
Mutual Funds
11.74%
0.29
Retail Investors
6.83%
2.85
Others
1.04%
7.20

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 (48.59x)

March 11, 2025

Today (78.73x)

March 11, 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 0.09%.

    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₹88,366.25 Cr168.33%0.56₹875 Cr₹6,069 Cr
BUY₹26,734.40 Cr69.2%0.51₹810 Cr₹7,681 Cr
BUY₹21,761.19 Cr3.56%0.53NANA
BUY₹20,445.60 Cr41.24%0.52₹270 Cr₹2,065 Cr
BUY₹16,442.19 Cr4.4%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.

Share Price: ₹9807.95 per share as on 12 Mar, 2025 10:52 AM
Market Capitalisation: ₹88,366.25Cr as of today
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 ₹9807.95, Open: ₹9807.25, Previous Close: ₹9765.3, High: ₹9910, Low: ₹9752, 52 Week High: ₹13298, 52 Week Low: ₹7255.55.

How to Buy Solar Industries India Ltd Share in India?

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  • Open a Demat account
  • Open a Trading account
  • Link your Demat account to your Trading account
  • Fund your Trading account
  • Place an order to buy Solar Industries India Ltd shares

Is Solar Industries India Ltd listed on NSE?

Solar Industries India Ltd is listed on NSE

Is Solar Industries India Ltd listed on BSE?

Solar Industries India Ltd is listed on BSE

What are today's High and Low prices of Solar Industries India Ltd?

  • Today's highest price of Solar Industries India Ltd is ₹9910.
  • Today's lowest price of Solar Industries India Ltd is ₹9752.

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

Today's traded volume of Solar Industries India Ltd(SOLARINDS) is 1.16L.

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

Today's market capitalisation of Solar Industries India Ltd(SOLARINDS) is ₹88366.25Cr.

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

Solar Industries India Ltd (SOLARINDS)
Price
52 Week High
₹13298
52 Week Low
₹7255.55

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

Solar Industries India Ltd (SOLARINDS) share price is ₹9807.95. It is down -26.24% from its 52 Week High price of ₹13298

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

Solar Industries India Ltd (SOLARINDS) share price is ₹9807.95. It is up 35.18% from its 52 Week Low price of ₹7255.55

What are the historical returns of Solar Industries India Ltd?

Solar Industries India Ltd (SOLARINDS)
Returns
1 Day Returns
42.65%
1 Month Returns
9.03%
3 Month Returns
-8.47%
1 Year Returns
27.41%

What is the PE ratio of Solar Industries India Ltd today?

PE Ratio of Solar Industries India Ltd is 78.73

PE ratio = Solar Industries India Ltd Market price per share / Solar Industries India Ltd Earnings per share