Solar Industries

  • Market Cap: Large Cap
  • Industry: Other Chemical products
  • ISIN: INE343H01029
  • NSEID: SOLARINDS
  • BSEID: 532725
INR
13,793.00
594 (4.5%)
BSENSE

Feb 03

BSE+NSE Vol: 3.69 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Comparison

Company
Score
Quality
Valuation
Financial
Technical
Solar Industries
Linde India
DIC India
Keltech Energies
PCBL Chemical
Ellen.Indl.Gas
Prem. Explosives
Refex Industries
GOCL Corpn.
Stallion India
Monolithisch Ind

Why is Solar Industries India Ltd ?

1
Strong Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 29.52%
  • Healthy long term growth as Net Sales has grown by an annual rate of 30.78% and Operating profit at 42.50%
  • Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.74 times
2
With a growth in Net Profit of 38.67%, the company declared Very Positive results in Dec 25
  • The company has declared positive results for the last 7 consecutive quarters
  • DEBT-EQUITY RATIO(HY) Lowest at 0.17 times
  • OPERATING PROFIT TO INTEREST(Q) Highest at 20.60 times
  • PAT(Q) Highest at Rs 446.25 cr.
3
With ROE of 25.8, it has a Very Expensive valuation with a 24.5 Price to Book Value
  • The stock is trading at a discount compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of 45.83%, its profits have risen by 30.7% ; the PEG ratio of the company is 3.1
4
Majority shareholders : Promoters
5
Consistent Returns over the last 3 years
  • Along with generating 45.83% returns in the last 1 year, the stock has outperformed BSE500 in each of the last 3 annual periods
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Solar Industries should be less than 10%
  2. 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
45.03%
1.45
31.03%
Sensex
8.49%
0.74
11.41%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
30.78%
EBIT Growth (5y)
42.50%
EBIT to Interest (avg)
13.33
Debt to EBITDA (avg)
0.96
Net Debt to Equity (avg)
0.09
Sales to Capital Employed (avg)
1.43
Tax Ratio
26.20%
Dividend Payout Ratio
7.48%
Pledged Shares
1.52%
Institutional Holding
19.64%
ROCE (avg)
29.73%
ROE (avg)
25.80%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
95
Industry P/E
39
Price to Book Value
24.53
EV to EBIT
64.94
EV to EBITDA
58.48
EV to Capital Employed
22.62
EV to Sales
15.04
PEG Ratio
3.10
Dividend Yield
0.07%
ROCE (Latest)
34.83%
ROE (Latest)
25.82%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
No Trend
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

23What is working for the Company
DEBT-EQUITY RATIO(HY)

Lowest at 0.17 times

OPERATING PROFIT TO INTEREST(Q)

Highest at 20.60 times

PAT(Q)

Highest at Rs 446.25 cr.

NET SALES(Q)

Highest at Rs 2,548.32 cr

PBDIT(Q)

Highest at Rs 708.20 cr.

OPERATING PROFIT TO NET SALES(Q)

Highest at 27.79%

PBT LESS OI(Q)

Highest at Rs 610.84 cr.

EPS(Q)

Highest at Rs 49.31

-2What is not working for the Company
INTEREST(Q)

Highest at Rs 34.38 cr

Loading Valuation Snapshot...

Here's what is working for Solar Industries

Operating Profit to Interest - Quarterly
Highest at 20.60 times
in the last five quarters
MOJO Watch
The company's ability to manage interest payments is improving

Operating Profit to Interest

Profit After Tax (PAT) - Quarterly
Highest at Rs 446.25 cr. and Grown
each quarter in the last five quarters
MOJO Watch
Near term PAT trend is very positive

PAT (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs 446.25 cr has Grown at 41.7%
Year on Year (YoY)
MOJO Watch
Near term PAT trend is very positive

PAT (Rs Cr)

Debt-Equity Ratio - Half Yearly
Lowest at 0.17 times and Fallen
each half year in the last five half yearly periods
MOJO Watch
The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Net Sales - Quarterly
Highest at Rs 2,548.32 cr
in the last five quarters
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Net Sales - Quarterly
At Rs 2,548.32 cr has Grown at 29.15%
Year on Year (YoY)
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Highest at Rs 708.20 cr.
in the last five quarters
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly
Highest at 27.79%
in the last five quarters
MOJO Watch
Company's efficiency has improved

Operating Profit to Sales

Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 610.84 cr.
in the last five quarters
MOJO Watch
Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 610.84 cr has Grown at 35.87%
Year on Year (YoY)
MOJO Watch
Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Earnings per Share (EPS) - Quarterly
Highest at Rs 49.31
in the last five quarters
MOJO 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 34.38 cr
in the last five quarters and Increased by 11.30 % (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)