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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
₹1,22,614 Cr
P/E Ratio
109.26
P/B Ratio
29.68
Industry P/E
76.48
Debt to Equity
0.33
ROE
29.59 %
ROCE
31.03 %
Div. Yield
0.06 %
Book Value
456.51
EPS
124.02
CFO
₹4,201.01 Cr
EBITDA
₹6,124.91 Cr
Net Profit
₹3,747.57 Cr
|
YTD
|
1 Month
|
3 Months
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
|---|---|---|---|---|---|---|---|
|
Solar
| 38.54 | 19.77 | 51.33 | 52.94 | 69.54 | 73.73 | 34.93 |
|
BSE Sensex
| 3.81 | 8.08 | 6.64 | 11.78 | 15.34 | 20.96 | 11.69 |
|
BSE Commodities
| 3.01 | 5.36 | 6.31 | 6.78 | 13.14 | 28.86 | -- |
|
2024
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
|
|---|---|---|---|---|---|---|---|
|
Solar
| 44.34 | 53.44 | 81.06 | 121.53 | 2.17 | -2.44 | -8.24 |
|
BSE Sensex
| 8.10 | 18.74 | 4.44 | 21.99 | 15.75 | 14.38 | 5.87 |
|
BSE Commodities
| 8.14 | 17.51 | 1.22 | 61.53 | 26.07 | -4.62 | -19.21 |
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?
3Y Avg -- 5Y Avg -- TTM --
P/E Ratio
--
--Min --Median --Max
P/B Ratio
--
--Min --Median --Max
Earnings Yield (%)
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Earnings Yield (%) = EBIT / Enterprise value
PEG Ratio
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Price = Price / Earnings to growth ratio
Company |
Price (₹) | Market Cap (₹ Cr) | P/E Ratio | ROE |
|---|---|---|---|---|
| 285.45 | 1,428.93 | 10.28 | 10.58 | |
| 3,340.00 | 335.00 | 13.81 | 22.99 | |
| 6,364.50 | 54,811.74 | 124.05 | 12.53 | |
| 457.80 | 2,368.18 | 74.69 | 14.66 |
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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
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The total asset value of Solar Industries India Ltd stood at ₹ 6,678 Cr as on 31-Dec-24
The share price of Solar Industries India Ltd is ₹13,554.00 (NSE) and ₹13,540.00 (BSE) as of 13-May-2025 14:34 IST. Solar Industries India Ltd has given a return of 69.54% in the last 3 years.
Solar Industries India Ltd has a market capitalisation of ₹ 1,22,614 Cr as on 13-May-2025. As per Value Research classification, it is a Large Cap company.
The P/B ratio of Solar Industries India Ltd is 29.68 times as on 13-May-2025, a 200% premium to its peers’ median range of 9.89 times.
The P/E ratio of Solar Industries India Ltd is 109.26 times as on 13-May-2025, a 43% premium to its peers’ median range of 76.48 times.
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Step 2. Sign in to the broker’s application through a mobile app or website. Use the Login ID and password provided by your broker.
Step 3. Transfer funds from your bank account into the wallet present in your brokerage account.
Step 4. Search for the Solar Industries India Ltd and enter the required number of quantities and click on buy to purchase the shares of Solar Industries India Ltd.
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.
The prominent promoters of Solar Industries India Ltd. are
| Name of promoters | Holding percentage |
|---|---|
|
Manish Satyanarayan Nuwal |
38.93%
|
|
Kailash Chandra Nuwal |
23.08%
|
|
Indira Kailashchandra Nuwal |
6.15%
|
|
Satyanarayan Nandlalji Nuwal |
3.58%
|
The chairman of the company is Satyanarayan Nuwal, and the managing director is Manish Nuwal.
The promoters of Solar Industries India Ltd have pledged 1.11% of the total equity as on Mar-25.
Some of the close peers are:
| Company | Market Cap(₹ Cr) |
|---|---|
|
2,578
|
|
|
1,332
|
|
|
322
|
|
|
51,834
|
| Solar Industries India Ltd. | Ratios |
|---|---|
|
Return on equity(%)
|
31.61
|
|
Operating margin(%)
|
22.97
|
|
Net Margin(%)
|
16.59
|
|
Dividend yield(%)
|
0.06
|
Yes, TTM profit after tax of Solar Industries India Ltd was ₹1,122 Cr.
₹265.00
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