ScoreWhy is Solar Industries India Ltd ?
1
Strong Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 32.70%
- Healthy long term growth as Net Sales has grown by an annual rate of 31.36% and Operating profit at 41.29%
- Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.58 times
2
The company has declared Positive results for the last 8 consecutive quarters
- NET SALES(Q) At Rs 3,052.75 cr has Grown at 40.90%
- PBT LESS OI(Q) At Rs 714.56 cr has Grown at 56.08%
- PAT(Q) Highest at Rs 547.63 cr.
3
Majority shareholders : Promoters
4
Consistent Returns over the last 3 years
- Along with generating 6.91% returns in the last 1 year, the stock has outperformed BSE500 in each of the last 3 annual periods
5
With its market cap of Rs 1,60,805 cr, it is the biggest company in the sector and constitutes 23.54% of the entire sector
- Its annual Sales of Rs 9,837.74 are 5.69% of the industry
Real-Time Research ReportHow much should you buy?
- Overall Portfolio exposure to Solar Industries should be less than 10%
- Overall Portfolio exposure to Other Chemical products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Chemical products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Solar Industries for you?
Medium Risk, High Return
Absolute
Risk Adjusted
Volatility
Solar Industries
6.93%
0.22
31.49%
Sensex
-5.6%
-0.42
13.26%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
31.36%
EBIT Growth (5y)
41.29%
EBIT to Interest (avg)
13.94
Debt to EBITDA (avg)
0.86
Net Debt to Equity (avg)
0.15
Sales to Capital Employed (avg)
1.45
Tax Ratio
26.58%
Dividend Payout Ratio
7.48%
Pledged Shares
1.76%
Institutional Holding
19.50%
ROCE (avg)
31.11%
ROE (avg)
26.30%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
97
Industry P/E
43
Price to Book Value
25.97
EV to EBIT
69.15
EV to EBITDA
62.53
EV to Capital Employed
22.72
EV to Sales
16.67
PEG Ratio
2.51
Dividend Yield
0.06%
ROCE (Latest)
32.85%
ROE (Latest)
26.72%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend23What is working for the Company
PAT(Latest six months)
At Rs 993.88 cr has Grown at 56.00%
NET SALES(Latest six months)
At Rs 5,601.07 cr has Grown at 35.30%
PBT LESS OI(Q)
At Rs 714.56 cr has Grown at 56.08%
PBDIT(Q)
Highest at Rs 825.97 cr.
EPS(Q)
Highest at Rs 60.51
-8What is not working for the Company
INTEREST(Q)
Highest at Rs 41.27 cr
Loading Valuation Snapshot...
Here's what is working for Solar Industries
Net Sales - Quarterly
At Rs 3,052.75 cr has Grown at 40.90%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 714.56 cr has Grown at 56.08%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 547.63 cr. and Grown
each quarter in the last five quartersMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 547.63 cr has Grown at 70.0%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 3,052.75 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 825.97 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 714.56 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 60.51
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Solar Industries
Interest - Quarterly
Highest at Rs 41.27 cr
in the last five quarters and Increased by 20.04 % (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Non Operating Income - Quarterly
Highest at Rs 44.47 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
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