What does Solar Industries do?

Jun 06 2025 05:01 PM IST
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Solar Industries India Ltd manufactures industrial explosives and explosive initiating devices, and has expanded into ammunition for military applications. As of March 2025, it reported net sales of ₹2,167 Cr and a net profit of ₹322 Cr, with a market cap of ₹149,606 Cr.
Overview:
Solar Industries India Ltd is engaged in the manufacturing of a complete range of industrial explosives and explosive initiating devices, operating within the Other Chemical products industry and classified as a Large Cap company.

History:
Solar Industries India Ltd was incorporated in an unspecified year and has since expanded its operations to include ammunition manufacturing for military applications. The latest quarterly results reported are for March 2025, showing net sales and profit figures.

Financial Snapshot:
Most recent Net Sales: 2,167 Cr (Quarterly Results - Mar 2025)
Most recent Net Profit: 322 Cr (Quarterly Results - Mar 2025)
Market-cap value: Rs 149,606 Cr (Large Cap)

Key Metrics:
P/E: 127.00
Industry P/E: 47
Dividend Yield: 0.05%
Debt-Equity: -0.06
Return on Equity: 27.57%
Price to Book: 35.12

Contact Details:
Address: Solar House 14 Kachimet, Amravati Road Nagpur Maharashtra : 440023
Phone: 91-0712-2561000/2560010/6681888
Email: solar@solargroup.com
Website: http://www.solargroup.com
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