🔔 Order Alert
Solar Industries India Ltd secures export orders worth Rs 2,039 crore for defence products, to be fulfilled over four years.
Solar Industries India Ltd 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 Solar Industries India Ltd. An average target of ₹11698
Source: S&P Global Market Intelligence
Solar Industries India Ltd Share analysis
Solar Industries India Ltd price forecast by 4 analysts
Upside of10.98%
High
₹13250
Target
₹11698.00
Low
₹10670
Solar Industries India Ltd target price ₹11698, a slight upside of 10.98% compared to current price of ₹10479.55. According to 4 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Solar Industries India Ltd revenue growth forecast
Expected growth rate Q1, FY2026:66.87%
Forecast
Actual
Including amortisation and stock based compensations
Solar Industries India Ltd EPS growth forecast
EPS estimate Q1, FY2026:106.31%
Forecast
Actual
Source: S&P Global Market Intelligence
Solar Industries India Ltd Performance
Day's Low
Day's High
₹10,314.65₹11,59752 Week's Low
52 Week's High
₹5,909.35₹13,298
| Returns % | |
| 1 Month Return | + 6.6 % |
| 3 Month Return | -3.09 % |
| 1 Year Return | + 74.71 % |
| Market Stats | |
| Previous Close | ₹10,540.65 |
| Open | ₹11,500.95 |
| Volume | 5.77L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹95,382.40Cr |
Solar Industries India Ltd Key Statistics
| P/E Ratio | 94.37 |
| PEG Ratio | 4.22 |
| Market Cap | ₹95,382.40 Cr |
| P/B Ratio | 33.89 |
| EPS | 96.71 |
| Dividend Yield | 0.1 |
| Sector | Aerospace & Defence |
| ROE | 28.99 |
Solar Industries India Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹95,382.40 Cr | 178.37% | 0.56 | ₹875 Cr | ₹6,069 Cr | |
| HOLD | ₹37,631.52 Cr | 142.44% | 0.51 | ₹810 Cr | ₹7,681 Cr | |
| HOLD | ₹26,460.56 Cr | 12.01% | 0.53 | NA | NA | |
| BUY | ₹17,769.94 Cr | 63.79% | 0.52 | ₹270 Cr | ₹2,065 Cr | |
| BUY | ₹21,650.29 Cr | 16.49% | 0.50 | ₹324 Cr | ₹4,725 Cr |
Solar Industries India Ltd Mutual Fund Holdings
About Solar Industries India Ltd
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: ₹10479.55 per share as on 03 Dec, 2024 04:01 PM
Market Capitalisation: ₹95,382.40Cr 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 | Solar Industries India Ltd |
| Headquarters | |
| Industry | Aerospace & Defence |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - 03 Dec
08:46 AM
-Indian Army receives 480 indigenous loitering munitions, Nagastra-1, from Solar Industries, enhancing precision strike capabilities.
09:26 AM
-Solar Industries shares in focus after securing Rs 2,039 crore export order for defence products over four years.
10:18 AM
-Solar Industries shares surged 10% after securing Rs 2,039 crore export order, with profit rising 45% YoY in Q2FY25.
Today's Timeline - 03 Dec
10:56 AM
-Shares of Solar Industries rose over 10% following the announcement of Rs 2,039 crore export orders for defence products.
03:58 PM
-Solar Industries secures Rs 2,039 crore export contracts, enhancing its global defence market position and indigenous capabilities.
Key events for Solar Industries India Ltd
Solar Industries Secures Major Defence Export Orders - 03 Dec, 2024
Solar Industries India Ltd. achieved significant milestones by securing Rs 2,039 crore in export orders for defence products and delivering indigenous loitering munitions to the Indian Army. The company's shares surged over 10% following these announcements, reflecting strong demand and robust financial performance.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.Solar Industries Shares Surge Amid Strong Demand - 28 Nov, 2024
Solar Industries India Ltd shares rose 4.61%, closing at Rs 10,766.20, adding Rs 4,200 crore to market cap. The increase is driven by strong demand in defense and industrial explosives, alongside positive investor sentiment and diversification efforts.Solar Industries Reports Strong Q3 Growth - 26 Nov, 2024
For September 2024, Solar Industries India Ltd reported net sales of Rs 905.49 crore, up 9.05% YoY. Net profit rose 25.7% to Rs 177.46 crore, with EBITDA increasing 23.51%. EPS improved to Rs 19.61. The stock has delivered 49.42% returns over the past year.Solar Industries Reports Strong Growth and Expansion Plans - 23 Nov, 2024
Solar Industries India Limited, the largest manufacturer of industrial explosives in India, reported a 27.34% revenue increase to Rs. 1716 crore and a 45.45% rise in net profit to Rs. 304 crore. The company maintains a robust order book of Rs. 5,757 crore and anticipates growth driven by government infrastructure focus and export opportunities. An upward revision of FY25 Capex from Rs. 800 to Rs. 1,200 crores reflects confidence in future growth.Solar Industries Shares Rise After Strong Q2 FY25 Results - 14 Nov, 2024
Solar Industries shares surged over 2% following the release of Q2 FY25 results, showcasing significant revenue and profit growth, with net profit up 45.6% YoY.Solar Industries Reports Strong Q2 FY25 Financial Results - 13 Nov, 2024
Solar Industries India announced its Q2 FY25 results, showing a 27.3% YoY revenue increase to ₹1,715.83 crore and a 45.6% YoY rise in net profit to ₹303.78 crore, despite some cost management challenges.Solar Industries Secures Major Defence Export Order - 09 Nov, 2024
Solar Industries India Limited has secured export orders worth Rs 580 crore for defense products from an international client, to be executed over five years. This order enhances the company's global presence and positions it as a reliable player in the international defense market.Solar Industries Secures Major Explosives Supply Order - 05 Nov, 2024
Solar Industries India Limited has received a significant ₹887 crore order from Singareni Collieries for the supply of explosives, enhancing its market position. This order is part of two recent contracts, including a ₹399.4 crore export order for defense products. Despite recent stock fluctuations, the company maintains strong year-to-date gains.Solar Industries Wins Major Defence Export Order - 04 Nov, 2024
Solar Industries India Ltd announced a significant export order worth Rs 399.4 crore for defence products, to be fulfilled over three years. Despite this positive news, shares fell over 5% in the afternoon session, reflecting market volatility.
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 3 Years
In the last 3 years, SOLARINDS has outperformed top 5 stocks with highest market-cap in Commodity Chemicals
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 6.55% to 6.64% in Sep 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 1 month, SOLARINDS stock has moved up by 6.6%
- 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
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 73.15% of holdings in Sep 2024 quarter
NEGATIVE IMPACTMF 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
- 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
Solar Industries India Ltd Financials
Index Inclusions
Solar Industries India Ltd 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 |
Solar Industries India Ltd Key Indicators
Solar Industries India Ltd Valuation
Solar Industries India Ltd in the last 5 years
Lowest (27.43x)
March 23, 2020
Industry (57.89x)
December 2, 2024
Today (94.37x)
December 2, 2024
Highest (120.92x)
July 10, 2024
Solar Industries India Ltd 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 0.08%.
Read More about Dividends
Solar Industries India Ltd Technicals Summary
Bearish
Neutral
Bullish
Solar Industries India Ltd is currently in a Bullish 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 ₹10479.55
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 ₹11597.
- Today’s lowest price of Solar Industries India Ltd is ₹10314.65.
PE Ratio of Solar Industries India Ltd is 94.37
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 5.77L.
Today’s market capitalisation of Solar Industries India Ltd(SOLARINDS) is ₹95382.4Cr.
| Solar Industries India Ltd(SOLARINDS | Price |
|---|---|
52 Week High | ₹13298 |
52 Week Low | ₹5909.35 |
Solar Industries India Ltd(SOLARINDS) share price is ₹10479.55. It is down -21.19% from its 52 Week High price of ₹13298
Solar Industries India Ltd(SOLARINDS) share price is ₹10479.55. It is up 77.34% from its 52 Week Low price of ₹5909.35
| Solar Industries India Ltd(SOLARINDS | Returns |
|---|---|
1 Day Returns | -61.1% |
1 Month Returns | 6.6% |
3 Month Returns | -3.09% |
1 Year Returns | 74.71% |