Solar Industries India Ltd.

NSE: SOLARINDS | BSE: 532725

₹19,338.00

up-down-arrow ₹62.00 (0.32%)

As on 13-Nov-2026IST

Market cap

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₹1,74,172 Cr

Revenue (TTM)

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₹12,788 Cr

P/E Ratio

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76.9

P/B Ratio

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22.7

Div. Yield

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0.1 %

Value Research Rating

Quality Score fund-quick-summary-circle

Quality Score9/10

Growth Score fund-quick-summary-circle

Growth Score7/10

Valuation Score fund-quick-summary-circle

Valuation Score3/10

Momentum Score fund-quick-summary-circle

Momentum Score9/10

Solar Share Price

Compare

High: Low: Return:

High: Low: Return:

Max: Min: Median:

Max: Min: Median:

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Stock Range

Today’s Range

Low: 19,100.00 High: 19,520.00

52 Week Range

Low: 11,646.00 High: 22,700.00

Liquidityliquidity High

Low Moderate High

Fundamentals

  • Net Profit (TTM)Net Profit (TTM) information

    ₹2,263 Cr

  • ROEROE information

    32.5 %

  • ROCEROCE information

    38.2 %

  • Industry P/EIndustry P/E information

    76.84

  • EV/EBITDAEV/EBITDA information

    48.1

  • Debt to EquityDebt to Equity information

    0.2

  • Book ValueBook Value information

    ₹848

  • EPSEPS information

    ₹250.1

  • Face valueFace value information

    2

  • Shares outstandingShares outstanding information

    90,490,055

10 Years Aggregate

CFO

₹6,815.68 Cr

EBITDA

₹10,132.20 Cr

Net Profit

₹6,438.30 Cr

Performance

Company
YTD
1 Month
3 Months
1 Year
3 Years
5 Years
10 Years
Solar
57.8 -4.9 3.2 37.3 46.0 49.7 39.7
BSE Sensex
-3.6 13.4 4.7 -3.4 7.7 6.1 11.8
BSE Commodities
3.0 4.1 -6.0 3.7 12.7 7.3 13.1
As on 13-Nov-2026
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

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Financials

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*All values are in (₹ Cr)

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*All values are in (₹ Cr)

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*All values are in (₹ Cr)

Key Ratios

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5Y Avg -- 3Y Avg -- TTM --

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P/E Ratio

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--Min --Median --Max

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P/B Ratio

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--Min --Median --Max

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Earnings Yield (%)

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Earnings Yield (%) = EBIT / Enterprise value

PEG Ratio

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Price = Price / Earnings to growth ratio

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Peers

View Details
Company
Price (₹) Market Cap (₹ Cr) Revenue (TTM) Net Profit (TTM) OPM (%) ROE (%) P/E P/B
Solar
19,338.0 1,74,172.1 12,788.2 2,329.4 25.4 32.4 76.9 22.7
1,623.3 8,278.1 1,759.9 247.4 16.9 15.6 33.5 5.0
2,934.7 12,719.5 16,963.4 597.6 4.3 14 21.3 3.0
342.1 1,688.7 12.5 366.3 -325.6 8.9 4.6 0.5
4,712.1 52,101.9 5,853.0 673.0 18.7 8.5 76.7 6.2
6,850.5 58,311.8 2,732.9 437.3 22.3 11.4 118 13.3
10,002.0 51,808.7 4,065.9 910.6 30.3 21.7 56.9 11.6
578.1 3,102.0 418.5 27.7 5.4 9.4 111.9 10.3
704.7 13,249.4 6,584.6 534.1 10.6 21.9 24.9 5.2
605.9 15,434.4 15,420.0 -2,248.0 1.5 -1.7 -- 0.7

Shareholding Pattern

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News & Analysis

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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 provides defense products, including unmanned aerial systems and drones, ammunitions, high energy materials, bombs and warheads, rockets and missiles, initiating systems and detonix, chaffs and flares, and mines 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. The company was founded in 1983 and is based in Nagpur, India. 

  • Incorporated

    1995

  • Chairman

    Satyanarayan Nuwal

  • Managing Director

    Manish Nuwal

  • Headquarters

    Nagpur, Maharashtra

  • Website

    www.solargroup.com

FAQs for Solar

The share price of Solar Industries India Ltd is ₹19,338.00 (NSE) and ₹19,190.40 (BSE) as of 13-Nov-2026 IST. Solar Industries India Ltd has given a return of 45.97% in the last 3 years.

The P/E ratio of Solar Industries India Ltd is 76.95 times as on 13-Nov-2026, a 0 premium to its peers’ median range of 76.84 times.
The P/B ratio of Solar Industries India Ltd is 22.70 times as on 13-Nov-2026, a 110 premium to its peers’ median range of 10.82 times.


PE & PB ratio at the end of financial year.


Year P/E Ratio P/B Ratio
2026
65.12
17.40
2025
84.12
23.05
2024
95.12
24.05
2023
44.41
12.88
2022
57.50
13.25

The 52-week high and low of Solar Industries India Ltd are Rs 22,700.00 and Rs 11,646.00 as of 13-Nov-2026.

Solar Industries India Ltd has a market capitalisation of ₹ 1,74,172 Cr as on 13-Nov-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.

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