Solar Industries India Ltd.

  • Value Research Rating market-capitalisation-info
    4 star
  • Market Capitalisation market-capitalisation-info ₹98,254 Cr
  • Price to Earnings Ratio price-to-earning 117.54
  • 12 Month Earnings monthly-earning ₹875 Cr
Value Research Rating
4 star
Quality Score fund-quick-summary-circle
9/10
Growth Score fund-quick-summary-circle
7/10
Valuation Score fund-quick-summary-circle
1/10

Solar Industries India Ltd. Share Price

₹10,911.40

As on 22-Jul-2024 IST

up-down-arrow42.150.39%

  • Prev Close info

    10,869.25

  • Day's Openinfo

    10,822.35

  • Today's Highinfo

    11,140.00

  • Today's Lowinfo

    10,616.00

  • Today's Volumeinfo

    80,249

  • 52 Week rangeinfo

    ₹3,707.05 - 13,298.00

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Stock Range

Today’s Range
Low 10,616.00 High: 11,140.00
52 Week Range
Low 3,707.05 High: 13,298.00
Liquidity
Low High

Solar Industries India Ltd. Stock Performance

YTD
1 Month
3 Months
1 Year
3 Years
5 Years
10 Years
Solar
62.19 8.71 27.96 188.97 89.96 56.39 39.06
BSE Sensex
11.44 4.26 10.14 20.72 15.54 15.99 12.09
BSE Commodities
14.49 -0.61 10.03 38.52 11.63 22.41 --
As on 22-Jul-2024
2023
2022
2021
2020
2019
2018
2017
Solar
53.44 81.06 121.53 2.17 -2.44 -8.24 74.86
BSE Sensex
18.74 4.44 21.99 15.75 14.38 5.87 27.91
BSE Commodities
17.51 1.22 61.53 26.07 -4.62 -19.21 55.96

Valuation Score

Stock
Peer Median
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Growth & Efficiency

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Peer Median
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Essential Checks

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How did the company perform in the last one year?

Solar Industries India Ltd. Peer Comparison

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    Valuation Chart of Solar Industries India Ltd.

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        Financials

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        Shareholding Pattern

        News & Analysis of Solar Industries India Ltd.

        Other details of Solar Industries India Ltd.

        Incorporated

        1995

        Chairman

        Satyanarayan Nuwal

        Managing Director

        Manish Nuwal

        Headquarters

        Nagpur, Maharashtra

        FAQs for Solar Industries India Ltd.

        The total asset value of Solar Industries India Ltd stood at ₹ 5,577 Cr as on 31-Mar-24

        The share price of Solar Industries India Ltd is ₹10,911.40 (NSE) and ₹10,891.40 (BSE) as of 22-Jul-2024 IST. Solar Industries India Ltd has given a return of 89.96% in the last 3 years.

        Solar Industries India Ltd has a market capitalisation of ₹ 98,254 Cr as on 22-Jul-2024. As per Value Research classification, it is a Large Cap company.

        The P/B ratio of Solar Industries India Ltd is 29.72 times as on 22-Jul-2024, a 305% premium to its peers’ median range of 7.33 times.

        The P/E ratio of Solar Industries India Ltd is 117.54 times as on 22-Jul-2024, a 18% premium to its peers’ median range of 99.31 times.

        Step 1. Open a demat account through a broker. You would need to provide your email, PAN, bank account details, aadhar details, etc., for KYC
        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%
        Click here to see the full list

        The chairman of the company is Satyanarayan Nuwal, and the managing director is Manish Nuwal.

        The promoters of Solar Industries India Ltd have pledged 0.4% of the total equity as on Jun-24.

        Some of the close peers are:

        Company Market Cap(₹ Cr)
        3,460
        2,209
        353
        69,387
        Solar Industries India Ltd. Ratios
        Return on equity(%)
        29.59
        Operating margin(%)
        20.2
        Net Margin(%)
        14.32
        Dividend yield(%)
        0.1

        Yes, TTM profit after tax of Solar Industries India Ltd was ₹875 Cr.

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        Key Facts

        • Market cap market-cap-information ₹98,254.10 Cr
        • Revenue (TTM)revenue-information ₹6,069.52 Cr
        • Earnings (TTM) earning-information ₹875.23 Cr
        • Cash date-information ₹500.70 Cr
        • Total Debt info ₹1,104.97 Cr
        • Promoters' ownership promoters_ownership 73.15%
        • Liquidity liquidity High
        • 52 Week range week-range ₹3,707.05 - 13,298.00
        • Face value face-value ₹2.00
        • Shares outstanding share-outstanding 9,04,90,055
        • 10 Years Aggregate:

          CFO: ₹4,201.01 Cr

          EBITDA: ₹6,124.91 Cr

          Net Profit: ₹3,747.57 Cr

        About The Company

        • Incorporated 1995
        • Chairman Satyanarayan Nuwal
        • Managing Director Manish Nuwal
        • Listing key-listing NSE: SOLARINDS, BSE: 532725
        • Country India
        • Headquarters headquarters Nagpur, Maharashtra
        • Website website www.solargroup.com
        • Business

          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