ScoreWhy 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
The company has declared Positive results for the last 6 consecutive quarters
- OPERATING CF(Y) Highest at Rs 2,467.56 Cr
- DEBT-EQUITY RATIO(HY) Lowest at 0.17 times
- PAT(Q) Highest at Rs 344.97 cr.
3
With ROE of 25.8, it has a Very Expensive valuation with a 22.9 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 21.85%, its profits have risen by 30.7% ; the PEG ratio of the company is 2.9
4
Majority shareholders : Promoters
5
Consistent Returns over the last 3 years
- Along with generating 21.85% returns in the last 1 year, the stock has outperformed BSE500 in each of the last 3 annual periods
Real-Time Research ReportHow much should you hold?
- 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
18.31%
0.71
30.97%
Sensex
4.55%
0.45
11.83%
Quality
Management Risk
Growth
Capital StructureQuality 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
20.00%
ROCE (avg)
29.73%
ROE (avg)
25.80%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
89
Industry P/E
40
Price to Book Value
22.89
EV to EBIT
60.61
EV to EBITDA
54.58
EV to Capital Employed
21.11
EV to Sales
14.03
PEG Ratio
2.89
Dividend Yield
0.08%
ROCE (Latest)
34.83%
ROE (Latest)
25.82%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend19What is working for the Company
OPERATING CF(Y)
Highest at Rs 2,467.56 Cr
DEBT-EQUITY RATIO(HY)
Lowest at 0.17 times
PAT(Q)
Highest at Rs 344.97 cr.
NET SALES(Q)
At Rs 2,082.22 cr has Grown at 21.35%
PBDIT(Q)
Highest at Rs 552.79 cr.
PBT LESS OI(Q)
Highest at Rs 460.34 cr.
EPS(Q)
Highest at Rs 38.12
-4What is not working for the Company
DPR(Y)
Lowest at 7.48%
INTEREST(Q)
Highest at Rs 30.89 cr
Loading Valuation Snapshot...
Here's what is working for Solar Industries
Operating Cash Flow - Annually
Highest at Rs 2,467.56 Cr and Grown
each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 344.97 cr. and Grown
each quarter in the last five quartersMOJO 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 periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Net Sales - Quarterly
At Rs 2,082.22 cr has Grown at 21.35%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 552.79 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 460.34 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 460.34 cr has Grown at 22.26%
Year on Year (YoY)MOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 344.97 cr has Grown at 20.7%
Year on Year (YoY)MOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 38.12
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
Dividend Payout Ratio (DPR) - Annually
Lowest at 7.48% and Fallen
each year in the last five yearsMOJO Watch
Company is distributing lower proportion of profits generated as dividend
DPR (%)
Interest - Quarterly
Highest at Rs 30.89 cr
in the last five quarters and Increased by 12.61 % (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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