About Solar Industries India Ltd 
Solar Industries India Ltd
Large Cap
Other Chemical products
Solar Industries India Limited is engaged in manufacturing of complete range of industrial explosives and explosive initiating devices. It manufactures various types of packaged emulsion explosives, bulk explosives and explosive initiating systems. The Company has also forayed into manufacturing of ammunition for military applications. It has the world's largest packaged explosives manufacturing facility at a single location in Nagpur, India.
Company Coordinates 
Company Details
Solar House 14 Kachimet, Amravati Road Nagpur Maharashtra : 440023
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
Capital Structure 
Present Equity Capital
INR 18.10 Cr
Number of Shares
9.05 Cr
Face Value
INR 2.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
13-Jul-2016
9.05
18.10
72392044
2
Stock Split
13-Jul-2016
9.05
18.10
72392044
2
Stock Split
06-Sep-2012
1.81
18.10
774195
10
Allotment of Equity To Others
06-Sep-2012
1.81
18.10
774195
10
Allotment of Equity To Others
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
1.5165
Mutual Funds
Held by 34 Schemes (11.7%)
FIIs
Held by 411 FIIs (7.11%)
Promoter with highest holding
Manish Satyanarayan Nuwal (38.93%)
Highest Public shareholder
Sbi Equity Hybrid Fund (3.35%)
Individual Investors Holdings
5.0%
Management
Designation
Remuneration
Satyanarayan Nuwal
Chairman (Non-Executive)
0
Manish Nuwal
Managing Director & CEO
11.76 cr
Khushboo Pasari
Company Sec. & Compli. Officer
0
Amrendra Verma
Independent Director
11.4 lacs
Suresh Menon
Executive Director
83.0 lacs
Sujitha Karnad
Independent Director
9.8 lacs
Milind Deshmukh
Whole-time Director
86.0 lacs
Natrajh Ramakrishna
Independent Director
3.9 lacs
Jagdish Chandra Belwal
Independent Director
1.0 lacs
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Industrial Explosives and Initiating Systems
1,610.23
96.81%
Other Operating Revenue
52.99
3.19%
Industrial Explosives and Initiating Systems
Industrial Explosives and Initiating Systems
Other Operating Revenue
Other Operating Revenue
Revenue and Profits:
Net Sales:
2,082 Cr
(Quarterly Results - Sep 2025)
Net Profit:
345 Cr
Other Chemical products
INR 115,872 Cr (Large Cap)
89.00
40
0.08%
0.09
25.82%
22.89






