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NSE: SOLARINDS | BSE: 532725

₹20,350.00

up-down-arrow ₹253.00 (1.26%)

As on 27-Aug-2026 10:49IST

Market cap

info icon

₹1,81,614 Cr

Revenue (TTM)

info icon

₹11,351 Cr

P/E Ratio

info icon

91.2

P/B Ratio

info icon

26.2

Div. Yield

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0.1 %

Key Ratios and Highlights

Growth Score (%) Quarterly Annual (TTM)
Particulars QoQ YoY 1-Year 3-Years 5-Years
Revenue 20.16 70.26 41.72 17.55 31.84
EBIT 23.97 95.35 52.98 33.17 41.33
Net Profit 19.16 92.66 57.84 36.41 43.11
EPS 19.16 92.66 57.84 36.41 43.11
Book Value -- -- 42.24 33.97 31.78
Key Ratios (%) Average Annual (TTM)
Particulars3-Years5-YearsTTMMar-26Mar-25
EBIT-Margin info 22.5520.0524.9124.1023.35
Net Margin info 16.2114.3517.8217.4316.88
Return on equity info 31.8231.4834.9632.4933.37
Return on Capital info 35.7333.82--38.1638.00
Return on Assets info 17.9617.3421.2918.4018.78
Debt to Equity (x) info ----0.130.230.21

Profitability

View Detailed Peer Comparison

ROCE

--

--

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
--
38.16
38.00
31.02
36.33
Peer Median
--
23.44
18.28
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROE

34.96

Higher than Peers by 14.61

Profit after tax / Average Net worth * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
34.96
32.49
33.37
29.59
35.86
Peer Median
20.35
22.13
21.48
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROA

21.29

Higher than Peers by 12.23

Profit after tax / Average Total assets * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
21.29
18.40
18.78
16.69
19.00
Peer Median
9.06
10.67
7.45
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Margin

24.91

Higher than Peers by 18.67

Operating profit (EBIT) / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
24.91
24.10
23.35
20.20
16.77
Peer Median
6.24
4.69
10.94
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Margin

17.82

Higher than Peers by 7.17

Net profit / Total Income (Net sales plus other income) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
17.82
17.43
16.88
14.32
11.66
Peer Median
10.65
6.64
5.08
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Profit Margin

--

--

(Net profit + Depreciation) / Gross Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
--
20.20
19.49
16.78
13.57
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

View Detailed Peer Comparison

Revenue Growth

41.72

Higher than Peers by 42.97

Year on year growth in net sales

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
41.72
30.47
24.23
-12.32
75.36
Peer Median
-1.26
1.23
24.40
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Growth

52.98

Higher than Peers by 43.10

Year on year growth in operating profit (EBIT)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
52.98
34.66
43.63
5.61
85.62
Peer Median
9.88
-25.63
15.38
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Profit Growth

57.84

Higher than Peers by 23.60

Year on year growth in profit after tax

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
57.84
34.84
47.15
7.90
78.10
Peer Median
34.23
30.43
46.58
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EPS Growth

57.84

Higher than Peers by 33.40

Year on year growth in earnings per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
57.84
38.70
44.68
10.40
71.59
Peer Median
24.44
28.52
44.68
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Book Value Growth

--

--

Year on year growth in book value per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
--
42.24
33.51
26.63
36.36
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

View Detailed Peer Comparison

Debt to Equity

0.13

Higher than Peers by 0.08

Total debt / Net worth

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
0.13
0.23
0.21
0.33
0.45
Peer Median
0.05
0.36
0.33
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Short term debt to equity ratio

--

--

(Short term borrowings / Net worth)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
--
0.04
0.05
0.06
0.13
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Current Ratio

2.06

Higher than Peers by 0.45

Current Assets / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
2.06
2.06
1.95
1.76
1.53
Peer Median
1.60
1.67
1.32
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Quick Ratio

1.35

Higher than Peers by 0.28

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
1.35
1.35
1.46
1.20
0.86
Peer Median
1.07
1.17
1.46
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Interest Coverage

19.86

Higher than Peers by 8.05

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
19.86
18.65
15.92
11.62
13.19
Peer Median
11.80
8.10
4.87
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Operating Efficiency

View Detailed Peer Comparison

Debtors to sales

16.37

Higher than Peers by 3.09

Debtors outstanding / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
16.37
18.89
16.43
13.92
11.92
Peer Median
13.27
13.04
11.64
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Asset Turnover

1.18

Higher than Peers by 0.14

Sales / Average Total Assets

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
1.18
1.04
1.10
1.16
1.62
Peer Median
1.05
1.48
1.08
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Receivable days

--

--

Average Debtors / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
--
57.44
50.43
50.22
36.02
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Inventory Days

--

--

Average Inventory / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
--
51.61
45.67
58.48
47.90
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Payable days

--

--

Average Creditors / Cost of goods sold * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
--
41.93
37.40
37.92
25.49
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Conversion Cycle

--

--

Receivable Days + Inventory Days - Payable Days

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
--
67.12
58.69
70.78
58.43
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

View Detailed Peer Comparison

Price / Earnings

91.20

No difference

Current share price divided by earning per share in the last twelve months

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
91.20
65.12
84.12
95.12
44.41
Peer Median
91.20
77.08
24.65
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Price / Book Value

26.19

Higher than Peers by 15.53

Current share price divided by book value per share in the latest financial year

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
26.19
17.40
23.05
24.05
12.88
Peer Median
10.66
7.17
3.39
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Dividend Yield

0.05

Lower than Peers by 0.01

Dividend per share in the past twelve months divided by current share price

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
0.05
0.09
0.09
0.10
0.22
Peer Median
0.06
0.03
0.06
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EV/EBITDA

56.86

--

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
56.86
40.05
50.20
56.82
26.16
Peer Median
--
42.55
42.36
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Market Cap

1,81,614

Higher than Peers by 1,78,825

Current Share price multiplied by latest total number of shares outstanding

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Solar
1,81,614
1,09,239
1,01,743
79,514
33,627
Peer Median
2,789
1,706
1,786
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
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