Solar Industries India Ltd.
NSE: SOLARINDS | BSE: 532725
₹18,019.00
As on 18-May-2026IST
Market cap
₹1,63,093 Cr
Revenue (TTM)
₹9,838 Cr
P/E Ratio
97.2
P/B Ratio
26
Div. Yield
0.1 %
Quality Score
9/10
Growth Score
9/10
Valuation Score
3/10
Momentum Score
7/10
Stock Range
Today’s Range
52 Week Range
Liquidity
Fundamentals
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Net Profit (TTM)
₹1,678 Cr
-
ROE
33.5 %
-
ROCE
38.1 %
-
Industry P/E
66.2
-
EV/EBITDA
59.6
-
Debt to Equity
0.1
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Book Value
₹693.7
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EPS
₹185.4
-
Face value
2
-
Shares outstanding
90,490,055
10 Years Aggregate
CFO
₹6,438.09 Cr
EBITDA
₹7,813.02 Cr
Net Profit
₹4,879.16 Cr
Performance
|
Company
|
YTD
|
1 Month
|
3 Months
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|---|---|---|---|---|---|---|---|
|
Solar
| 47.1 | 19.4 | 35.8 | 28.5 | 68.8 | 71.4 | 39.0 |
|
BSE Sensex
| -11.1 | -4.0 | -9.7 | -8.5 | 7.0 | 8.7 | 11.3 |
|
BSE Commodities
| 7.0 | 1.3 | 3.5 | 12.4 | 18.1 | 11.2 | 16.2 |
|
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 |
Essential Checks
View DetailsIs 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?
Financials
View DetailsKey Ratios
View Details
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
Peers
View DetailsCompany |
Price (₹) | Market Cap (₹ Cr) | Revenue (TTM) | Net Profit (TTM) | OPM (%) | ROE (%) | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
|
Solar
|
18,019.0 | 1,63,093.4 | 9,837.7 | 1,736.4 | 24.1 | 29.4 | 97.2 | 26.0 |
| 1,711.0 | 8,747.4 | 1,535.9 | 180.0 | 13.9 | 12.1 | 48.6 | 5.7 | |
| 1,203.9 | 5,192.3 | 2,527.2 | 332.0 | 15.8 | 16.1 | 15.6 | 2.3 | |
| 1,822.0 | 6,473.7 | 5,248.3 | 267.4 | 6.7 | 10.5 | 24.2 | 2.4 | |
| 449.9 | 4,135.2 | 3,064.2 | 472.5 | 18.9 | 13.1 | 8.8 | 1.2 | |
| 6,904.5 | 35,429.9 | 3,313.9 | 663.6 | 28.1 | 17.7 | 53.4 | 8.9 | |
| 1,251.7 | 1,873.3 | 3,778.1 | 106.1 | 4.9 | 8.3 | 16.2 | 1.2 | |
| 692.4 | 13,004.9 | 5,406.3 | 329.9 | 7.9 | 14.6 | 39.5 | -- | |
| 730.4 | 18,597.2 | 14,584.0 | -1,882.0 | 4.1 | 0.6 | -- | 0.8 | |
| 1,252.4 | 2,932.9 | 505.9 | 42.1 | 11.1 | 5.5 | 69.7 | 3.8 |
Shareholding Pattern
View DetailsNews & Analysis
All News
Companies that exhibit self-sustaining growth
2 min read•By Jugal Harpalani
Small & mid caps with stable earnings growth
4 min read•By Danish Khanna
2 min read•By Jugal Harpalani
1 min read•By Research Desk
2 min read•By Research Desk
About Solar
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
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Incorporated
1995
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Chairman
Satyanarayan Nuwal
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Managing Director
Manish Nuwal
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Headquarters
Nagpur, Maharashtra
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Website
Looking for more details about Solar Industries India Ltd.’s IPO? Explore our IPO Details page.
Quarterly Updates
Annual Reports
Announcements
View AnnouncementsIntimation Of Corporate Meeting Schedule
14-May-2026No News & Announcements are available.
FAQs for Solar
What is the current share price of Solar Industries India Ltd Today?
The share price of Solar Industries India Ltd is ₹18,019.00 (NSE) and ₹18,023.35 (BSE) as of 18-May-2026 IST. Solar Industries India Ltd has given a return of 68.85% in the last 3 years.
What is the current PB & PE ratio of Solar Industries India Ltd?
The P/E ratio of Solar Industries India Ltd is 97.22 times as on 18-May-2026, a 47 premium to its peers’ median range of 66.20 times.
The P/B ratio of Solar Industries India Ltd is 25.98 times as on 18-May-2026, a 157 premium to its peers’ median range of 10.09 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
|
What is the 52 Week High and Low of Solar Industries India Ltd?
The 52-week high and low of Solar Industries India Ltd are Rs 18,089.00 and Rs 11,646.00 as of 19-May-2026.
What is the market cap of Solar Industries India Ltd?
Solar Industries India Ltd has a market capitalisation of ₹ 1,63,093 Cr as on 18-May-2026. As per SEBI classification, it is a Large Cap company.
Should I invest in Solar Industries India Ltd?
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.
