Solar Industries

Which are the latest news on Solar Industries?

Why is Solar Industries India Ltd falling/rising?

As of 05-Sep, Solar Industries India Ltd's stock price is rising, currently at 21,460.00, due to strong historical performance, positive technical indicators, and increased investor participation. The stock has surged 75.06% year-to-date and recently reached a new all-time high, reflecting robust investor confidence and solid fundamentals.

As of 05-Sep, Solar Industries India Ltd is experiencing a rise in its stock price, currently at 21,460.00, with a change of 49.3 (0.23%) upwards. This upward movement can be attributed to several key factors. <BR><BR>Firstly, the stock has shown strong performance over various time periods, with a notable increase of 5.30% over the past week and 14.22% over the past month, significantly outperforming the Sensex, which has declined by 0.97% and 2.44% respectively during the same periods. Year-to-date, the stock has surged by 75.06%, while the Sensex has dropped by 10.21%. Additionally, over the past three years, the stock has skyrocketed by 357.51%, compared to a modest 16.59% increase in the benchmark index.<BR><BR>Moreover, the stock has recently hit a new 52-week and all-time high of Rs. 21,699.85, indicating strong investor confidence. The stock has been on a consecutive gain streak for the last three days, accumulating a total return of 7.3% in that period. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive technical indicator.<BR><BR>Investor participation has increased significantly, with a delivery volume of 1.94 lacs on September 3, reflecting a rise of 227.66% against the 5-day average delivery volume, suggesting heightened interest in the stock. The liquidity of the stock is also favorable, allowing for substantial trade sizes.<BR><BR>From a fundamental perspective, the company demonstrates strong long-term growth potential, with a robust return on capital employed (ROCE) of 32.70%, and impressive growth in net sales and operating profit. The company has consistently reported positive results for the last nine quarters, including a remarkable 86.53% growth in net profit as of June 26.<BR><BR>In summary, the combination of strong historical performance, positive technical indicators, increased investor participation, and solid fundamental strengths are driving the rise in Solar Industries India Ltd's stock price.

Should I buy, sell or hold Solar Industries India Ltd?

Who are in the management team of Solar Industries?

The management team of Solar Industries includes Chairman Satyanarayan Nuwal, Managing Director & CEO Manish Nuwal, and several independent and executive directors, such as Amrendra Verma and Suresh Menon, who collectively guide the company's strategic direction and ensure regulatory compliance.

The management team of Solar Industries includes the following key members:<BR><BR>1. **Satyanarayan Nuwal** - Chairman (Non-Executive)<BR>2. **Manish Nuwal** - Managing Director & CEO<BR>3. **Khushboo Pasari** - Company Secretary & Compliance Officer<BR>4. **Amrendra Verma** - Independent Director<BR>5. **Suresh Menon** - Executive Director<BR>6. **Sujitha Karnad** - Independent Director<BR>7. **Milind Deshmukh** - Whole-time Director<BR>8. **Natrajh Ramakrishna** - Independent Director<BR>9. **Jagdish Chandra Belwal** - Independent Director<BR><BR>This team plays a crucial role in guiding the company's strategic direction and ensuring compliance with regulatory standards.

What does Solar Industries do?

Solar Industries India Limited manufactures industrial explosives and explosive initiating devices, with a market cap of INR 180,913 Cr and reported net sales of 3,668 Cr and net profit of 653 Cr for June 2026. The company is categorized as a Large Cap firm in the Other Chemical products industry.

Overview: <BR>Solar Industries India Limited is engaged in the manufacturing of industrial explosives and explosive initiating devices, operating within the Other Chemical products industry and categorized as a Large Cap company.<BR><BR>History: <BR>Solar Industries India Ltd was incorporated in an unspecified year and has maintained its status as a leading manufacturer in its field. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 3,668 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 653 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 180,913 Cr (Large Cap)<BR><BR>Key Metrics: <BR>P/E: 93.00 <BR>Industry P/E: 43 <BR>Dividend Yield: 0.05% <BR>Debt-Equity: 0.15 <BR>Return on Equity: 26.72% <BR>Price to Book: 29.38<BR><BR>Contact Details: <BR>Address: Solar House 14 Kachimet, Amravati Road Nagpur Maharashtra : 440023 <BR>Tel: 91-0712-2561000/2560010/6681888 <BR>Email: solar@solargroup.com <BR>Website: http://www.solargroup.com

Who are the peers of the Solar Industries?

Peers of Solar Industries include Linde India, PCBL Chemical, and Refex Industries, among others. Solar Industries shows excellent management and growth, with a 1-year return of 46.96%, while Beezaasan Exp. leads with 181.32% return, and PCBL Chemical has the lowest at -15.03%.

Peers: The peers of Solar Industries are Linde India, PCBL Chemical, Ellen.Indl.Gas, Refex Industries, Prem. Explosives, Stallion India, GOCL Corpn., Keltech Energies, and Beezaasan Exp.<BR><BR>Quality Snapshot: Excellent management risk is observed at Solar Industries, while Average management risk is found at Linde India, Ellen.Indl.Gas, Refex Industries, Prem. Explosives, Stallion India, GOCL Corpn., Keltech Energies, and Beezaasan Exp. Good management risk is noted at PCBL Chemical, and Below Average management risk is seen at Stallion India. For growth, Excellent growth is seen at Solar Industries, Refex Industries, and Keltech Energies, while Average growth is found at PCBL Chemical, Ellen.Indl.Gas, and the rest. Below Average growth is noted at Linde India and Prem. Explosives, while Good growth is observed at Stallion India. Capital Structure ratings show Excellent at Solar Industries, Linde India, Ellen.Indl.Gas, and Beezaasan Exp., Good at Refex Industries, Prem. Explosives, and Keltech Energies, while Average is seen at PCBL Chemical and the rest, and Below Average at GOCL Corpn.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Beezaasan Exp. at 181.32%, while the lowest is PCBL Chemical at -15.03%. Solar Industries has a 1-year return of 46.96%, which is significantly higher than PCBL Chemical but lower than Beezaasan Exp. Additionally, Linde India, PCBL Chemical, Refex Industries, and Ellen.Indl.Gas have negative six-month returns.

How big is Solar Industries?

As of 31st August, Solar Industries India Ltd has a market capitalization of 180,913.00 Cr, with net sales of 11,351.49 Cr and a net profit of 1,991.40 Cr over the latest four quarters.

As of 31st August, <BR><BR>Market Cap: Solar Industries India Ltd has a market capitalization of 180,913.00 Cr, categorizing it as a Large Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 11,351.49 Cr, while the sum of Net Profit for the same period is 1,991.40 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2026. Shareholder's Funds are valued at 6,277.20 Cr, and Total Assets amount to 10,732.71 Cr.

When is the next results date for Solar Industries India Ltd?

The next results date for Solar Industries India Ltd is 13 August 2026.

The next results date for Solar Industries India Ltd is scheduled for 13 August 2026.

Are Solar Industries India Ltd latest results good or bad?

Solar Industries India Ltd's latest results are strong, with net sales of ₹3,052.75 crores representing a 40.90% year-over-year growth and a net profit of ₹547.63 crores, up 69.95%. This performance indicates a positive outlook for the company, driven by robust demand and effective cost management.

Solar Industries India Ltd's latest results for the quarter ending March 2026 are quite strong and indicate a positive performance overall. The company reported net sales of ₹3,052.75 crores, which marks a significant year-over-year growth of 40.90% and a quarter-over-quarter increase of 19.79%. This impressive revenue growth reflects robust demand across its sectors, particularly in defence and industrial explosives.<BR><BR>Additionally, the net profit for the quarter reached ₹547.63 crores, showcasing a remarkable year-over-year increase of 69.95%. The operating margin remained healthy at 27.06%, and the profit after tax (PAT) margin expanded to 18.21%, indicating effective cost management and operational efficiency.<BR><BR>Overall, these results highlight Solar Industries' strong market position and operational capabilities, suggesting that the company's performance in this quarter is indeed good. The sustained momentum in both revenue and profit growth, along with a solid order book and expanding international presence, further reinforces a positive outlook for the company.

Is Solar Industries technically bullish or bearish?

As of December 3, 2025, the technical trend is mildly bearish, indicated by bearish MACD and KST signals on both weekly and monthly charts, alongside a bearish outlook from Bollinger Bands, despite daily moving averages showing mild bullishness.

As of 3 December 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly chart and mildly bearish on the monthly chart. The KST is also bearish weekly and mildly bearish monthly. The Dow Theory confirms a mildly bearish stance on both weekly and monthly time frames. Although the daily moving averages indicate a mildly bullish trend, the overall sentiment is dampened by the bearish signals from the Bollinger Bands on the weekly chart and the lack of strong signals from the RSI. The stock has underperformed against the Sensex over the past month, further supporting the bearish outlook.

How has been the historical performance of Solar Industries?

Solar Industries has exhibited significant growth from Mar'20 to Mar'25, with net sales increasing from 2,237.30 Cr to 7,540.26 Cr, and profit after tax rising from 276.35 Cr to 1,282.38 Cr, alongside a reduction in total debt to zero by Mar'25. The company's total assets also grew substantially, reflecting strong financial performance across various metrics.

Answer:<BR>The historical performance of Solar Industries shows significant growth in various financial metrics over the years.<BR><BR>Breakdown:<BR>Solar Industries has demonstrated a strong upward trend in net sales, increasing from 2,237.30 Cr in Mar'20 to 7,540.26 Cr in Mar'25. This growth is reflected in total operating income, which rose from 2,461.57 Cr in Mar'19 to 7,540.26 Cr in Mar'25. The company has also seen fluctuations in raw material costs, peaking at 3,819.54 Cr in Mar'23 before settling at 3,375.36 Cr in Mar'25. Operating profit (PBDIT) has improved significantly, reaching 2,031.19 Cr in Mar'25, up from 475.37 Cr in Mar'20. Profit before tax has also increased, from 335.80 Cr in Mar'20 to 1,733.19 Cr in Mar'25, while profit after tax rose from 276.35 Cr to 1,282.38 Cr in the same period. The company's total assets grew from 2,480.79 Cr in Mar'20 to 8,105.54 Cr in Mar'25, indicating robust asset accumulation. Total liabilities increased from 2,480.79 Cr to 8,105.54 Cr, with a notable reduction in total debt from 1,169.23 Cr in Mar'23 to zero in Mar'25. Cash flow from operating activities has also improved, reaching 2,467.00 Cr in Mar'25, contributing to a closing cash balance of 590.00 Cr. Overall, Solar Industries has shown strong financial performance and growth across multiple dimensions over the years.

Who are the top shareholders of the Solar Industries?

The top shareholders of Solar Industries include promoter Manish Satyanarayan Nuwal with 38.93%, mutual funds holding 12.22%, foreign institutional investors at 6.79%, and individual investors with 4.75%. There are no pledged promoter holdings reported.

The top shareholders of Solar Industries include the promoters, who hold the majority of the shares. The promoter with the highest holding is Manish Satyanarayan Nuwal, owning 38.93% of the company. Additionally, mutual funds are represented by 31 schemes, accounting for 12.22% of the shares, while foreign institutional investors (FIIs) hold 6.79% through 407 different entities. Individual investors collectively own 4.75% of the shares. Notably, there are no pledged promoter holdings reported.

Is Solar Industries overvalued or undervalued?

As of August 21, 2020, Solar Industries is considered very expensive with a PE ratio of 123.77 and significant overvaluation compared to peers like Godrej Industries and Gujarat Fluoroch, despite outperforming the Sensex with a year-to-date return of 72.06%.

As of 21 August 2020, Solar Industries' valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently considered overvalued, supported by a PE ratio of 123.77, a Price to Book Value of 34.13, and an EV to EBITDA ratio of 76.22. These ratios highlight a premium valuation compared to its peers.<BR><BR>In comparison, Godrej Industries, which is rated attractive, has a PE ratio of 46.63 and an EV to EBITDA of 34.36, demonstrating a stark contrast in valuation metrics. Other peers like Gujarat Fluoroch and Deepak Nitrite also show lower valuations, with PE ratios of 73.59 and 37.97, respectively. Notably, Solar Industries has outperformed the Sensex significantly over various periods, with a year-to-date return of 72.06% compared to the Sensex's 5.62%, reinforcing the narrative of its current overvaluation.

Has Solar Industries declared dividend?

Yes, Solar Industries India Ltd has declared a dividend of 425% (₹8.5 per share) with an ex-date of July 4, 2024. Despite a low dividend yield of 0.05%, the company has shown strong price appreciation, with total returns of up to 1691.47% over the past five years.

Yes, Solar Industries India Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 425%<BR>- Amount per share: 8.5<BR>- Ex-date: Jul-04-2024<BR><BR>Dividend Yield: 0.05%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 52.55%, with a dividend return of 0%, resulting in a total return of 52.55%.<BR><BR>Over the past year, the price return was 80.69%, with a dividend return of 0.09%, leading to a total return of 80.78%.<BR><BR>In the 2-year period, the price return reached 328.92%, while the dividend return was 0.22%, culminating in a total return of 329.14%.<BR><BR>For the 3-year period, the price return was 490.47%, with a dividend return of 0.60%, resulting in a total return of 491.07%.<BR><BR>Over the last 4 years, the price return was 961.14%, and the dividend return was 1.90%, giving a total return of 963.04%.<BR><BR>In the 5-year span, the price return was 1687.83%, with a dividend return of 3.64%, leading to a total return of 1691.47%.<BR><BR>Overall, Solar Industries has declared a significant dividend, and while the dividend yield is relatively low, the total returns over various periods indicate strong price appreciation, reflecting a positive performance trend for the company.