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Clear AllValue Research Rating
Quality Score 
0/0
Growth Score
0/0
Valuation Score
0/0
Momentum Score
0/0
Today’s Range
52 Week Range
Liquidity
Market cap
₹1,23,995 Cr
Revenue (TTM)
₹8,952 Cr
Net Profit (TTM)
₹1,452 Cr
ROE
33.5 %
ROCE
38.1 %
P/E Ratio
85.4
P/B Ratio
22.2
Industry P/E
56.29
EV/EBITDA
51.3
Div. Yield
0.1 %
Debt to Equity
0.2
Book Value
₹616.9
EPS
₹160.5
Face value
2
Shares outstanding
90,490,055
CFO
₹6,438.09 Cr
EBITDA
₹7,813.02 Cr
Net Profit
₹4,879.16 Cr
|
Company
|
YTD
|
1 Month
|
3 Months
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|---|---|---|---|---|---|---|---|
|
Solar
| 11.8 | 3.3 | 15.9 | 35.8 | 51.9 | 60.0 | 35.3 |
|
BSE Sensex
| -9.4 | -8.1 | -9.3 | 3.4 | 9.8 | 9.0 | 12.0 |
|
BSE Commodities
| -2.3 | -5.5 | 0.6 | 12.2 | 16.1 | 13.6 | 16.5 |
|
Company
|
2025
|
2024
|
2023
|
2022
|
2021
|
2020
|
2019
|
|---|---|---|---|---|---|---|---|
|
Solar
| 24.2 | 44.3 | 53.4 | 81.1 | 121.5 | 2.2 | -2.4 |
|
BSE Sensex
| 9.1 | 8.1 | 18.7 | 4.4 | 22.0 | 15.8 | 14.4 |
|
BSE Commodities
| 12.5 | 8.1 | 17.5 | 1.2 | 61.5 | 26.1 | -4.6 |
Is there a threat to the company's solvency?
Can creative accounting be detected through the financial numbers?
How did the company perform in the last one year?
5Y Avg -- 3Y Avg -- TTM --
P/E Ratio
--
--Min --Median --Max
P/B Ratio
--
--Min --Median --Max
Earnings Yield (%)
--
Earnings Yield (%) = EBIT / Enterprise value
PEG Ratio
--
Price = Price / Earnings to growth ratio
Company |
Price (₹) | Market Cap (₹ Cr) | Revenue (TTM) | Net Profit (TTM) | OPM (%) | ROE (%) | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
|
Solar
|
13,699.0 | 1,23,995.4 | 8,951.5 | 1,530.3 | 23.5 | 30.6 | 85.4 | 22.2 |
| 3,424.0 | 14,848.9 | 15,069.6 | 378.2 | 3.0 | 9.9 | 39.3 | 3.8 | |
| 242.5 | 1,201.9 | 147.4 | 1,470.0 | -21.1 | 0.4 | 0.8 | 0.4 | |
| 3,142.8 | 34,646.1 | 4,852.0 | 656.0 | 18.8 | 9 | 52.7 | 4.5 | |
| 2.3 | 2.4 | 236.7 | -2.1 | -0.7 | -17.4 | 0.6 | 0.2 | |
| 3,198.2 | 319.8 | 528.4 | 27.1 | 6.2 | 20.6 | 11.8 | 2.2 | |
| 7,221.5 | 61,515.1 | 2,508.2 | 534.6 | 28.6 | 15.1 | 104.3 | 14.9 | |
| 6,337.5 | 32,471.4 | 3,077.1 | 545.9 | 25.9 | 18 | 59.5 | 8.6 | |
| 450.5 | 2,419.3 | 373.2 | 43.0 | 9.9 | 18.1 | 56.3 | 8.6 | |
| 650.5 | 16,568.1 | 14,655.0 | 194.0 | 4.8 | 1.2 | 92 | 0.7 |
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Solar Industries India Limited, together with its subsidiaries, engages in the manufacture and sale of industrial explosives and explosive initiating devices in India and internationally. It offers industrial explosives, such as bulk and packaged... explosives; and initiating systems, including electronic, electric, non-electric, and plain detonators, as well as cord relays, cast boosters, detonating cords, and aluminum elemented det products. The company also provides defense products, including unmanned aerial systems and drones, ammunitions, military explosives, bombs and warheads, rockets, and drones armed with guided missiles, as well as counter drone systems and initiating systems and pyros comprising fuzes, detonators, ignitors, decoys and flares, and riot control devices. Its products are used in mining, infrastructure, construction, defence, and the space sectors. The company was formerly known as Solar Explosives Limited and changed its name to Solar Industries India Limited in February 2009. Solar Industries India Limited was founded in 1983 and is based in Nagpur, India. Read more
Incorporated
1995
Chairman
Satyanarayan Nuwal
Managing Director
Manish Nuwal
Headquarters
Nagpur, Maharashtra
Website
Looking for more details about Solar Industries India Ltd.’s IPO? Explore our IPO Details page.
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Annual Reports
The share price of Solar Industries India Ltd is ₹13,699.00 (NSE) and ₹13,702.65 (BSE) as of 18-Mar-2026 IST. Solar Industries India Ltd has given a return of 51.92% in the last 3 years.
The P/E ratio of Solar Industries India Ltd is 85.39 times as on 18-Mar-2026, a 52 premium to its peers’ median range of 56.29 times.
The P/B ratio of Solar Industries India Ltd is 22.21 times as on 18-Mar-2026, a 159 premium to its peers’ median range of 8.58 times.
PE & PB ratio at the end of financial year.
| Year | P/E Ratio | P/B Ratio |
|---|---|---|
|
2025
|
84.12
|
23.20
|
|
2024
|
95.12
|
24.05
|
|
2023
|
44.41
|
12.88
|
|
2022
|
57.50
|
13.25
|
|
2021
|
41.86
|
7.32
|
The 52-week high and low of Solar Industries India Ltd are Rs 17,820.00 and Rs 9,888.40 as of 19-Mar-2026.
Solar Industries India Ltd has a market capitalisation of ₹ 1,23,995 Cr as on 18-Mar-2026. As per SEBI classification, it is a Large Cap company.
Before investing in Solar Industries India Ltd, assess your goals, risk tolerance, and if the company aligns with your long-term plan. Carefully review its business model, financials, and valuation. Avoid making decisions based on tips or short-term trends.
₹-335.00
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