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Solar Industries India Ltd

The live share price of Solar Industries India Ltd (SOLARINDS) as on 26 Apr 8:55am is ₹8,793.25 from NSE/BSE.

SOLARINDS NSE

₹8,793.25 ▼-0.09% (-8.35)

As on Apr 26, 2024 02:25 PM IST

How do you feel today about Solar Industries India Ltd?

Bearish or

Bullish

Bearish or

Bullish

Key Metrics

PE Ratio

98.7

PB Ratio

28.95

Dividend Yield

0.09%

Sector PB

3.58

Sector PE

29.05

Sector Div Yld

1.14%

Dividend Yield

Dividend per share for the most recent financial year divided by the close price

About

Sector

Materials

Industry

Chemicals

Market Cap

Midcap, ₹79,645 Cr

Solar Industries India Limited is an explosives manufacturing company. The Company manufactures, supplies and exports industrial explosives and initiating systems.

The following charts display the financial performance of the Solar Industries India Ltd (SOLARINDS) stock, including the year-on-year Income Statement , Balance Sheet , Cash Flow Statement and Shareholding pattern.

Furthermore, under the Peers section, you can find stocks that are similar to Solar Industries India Ltd (SOLARINDS), and their live stock price and performance at a glance. Click on any peer stock to navigate to that stock’s live price page.

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Sector

Materials

Industry

Chemicals

Market Cap

Midcap, ₹79,645 Cr

Financials

Income Statement

(INR)		Y/Y Change
Revenue	6,954 Cr	+75.29%
Operating Expense	318 Cr	+140.82%
Net Income	757 Cr	+71.59%
Net Profit Margin	10.89%	-2.07%
Earning Per Share	83	+71.6%
EBITDA	1,320 Cr	+72.14%

Balance sheet

(INR)		Y/Y Change
Cash & short-term Inv	280 Cr	+183.64%
Total Assets	4,908 Cr	+35.25%
Total Liabilities	2,158 Cr	+33.67%
Total Equity	2,750 Cr	+36.52%
Shares Outstanding	9.05 Cr	+0.01%
Price to Book	12.48	-3.16%
Return on Assets	17.74%	+32.49%
Return on Capital	43.33 Cr	+32.75%

Cash Flows

(INR)		Y/Y Change
Net Income	757 Cr	+71.59%
Cash from Operations	656 Cr	+120.44%
Cash from Investing	-614 Cr	+81.92%
Cash from Financing	118 Cr	-360.26%
Net Change in Cash	160 Cr	-288.1%
Free Cash Flow	177 Cr	+1612.07%

Shareholding Pattern

Total Promoter Holding

73.15%

Unpledged

Foreign Institutions

6.1%

Foreign Institutions

Retail & Others

6.23%

Retail & Others

Other Parties

Other Domestic Institutions

0.69%

Insurance Firms

Others

Mutual Funds

13.83%

Mutual Funds

Peers

LINDEINDIA

Linde India Ltd

PE Ratio

167.21

1Y Return

▲114.64%

DEEPAKNTR

Deepak Nitrite Ltd

PE Ratio

41.78

1Y Return

▲30.64%

CASTROLIND

Castrol India Ltd

PE Ratio

24.19

1Y Return

▲80.72%

SUMICHEM

Sumitomo Chemical India Ltd

PE Ratio

61.2

1Y Return

▼-1.26%

Latest News

Buy Solar Industries; target of Rs 10,950: ICICI Securities

1 month ago on Moneycontrol

Change since news ▼-INF%

ICICI Securities is bullish on Solar Industries recommended buy rating on the stock with a target price of Rs 10,950 in its research report dated March 25, 2024.

Solar Industries - Defence Likely To Be The Mainstay: ICICI Securities

1 month ago on Bloomberg Quint

Change since news ▼-INF%

In Q4 FY24, Solar Industries has received cumulative export orders worth Rs 14.3 billion of short duration (two-three years).

Trade Spotlight | Your strategy for L&T Technology Services, UPL, Solar Industries today

1 month ago on Moneycontrol

Change since news ▼-INF%

Solar Industries ended at record closing high of Rs 8,855 and formed long bullish candlestick pattern on the daily timeframe, while trading above all key moving averages.

FAQs on Solar Industries India Ltd

How to buy Solar Industries India Ltd stocks?

You can easily buy the stocks/shares of Solar Industries India Ltd (SOLARINDS) through either a broker or a financial institution by opening a Demat & Trading account online via smallcase.

What is the Share Price of Solar Industries India Ltd?

The stock price of Solar Industries India Ltd as on 26 Apr 2024 is ₹8,793.25

What is the 52-week High and Low of Solar Industries India Ltd?

The 52-week high and low of Solar Industries India Ltd (SOLARINDS) is ₹9,449 and ₹3,453.35.

What is the PE and PB ratio of Solar Industries India Ltd?

The P/E (price-to-earnings) and P/B (price-to-book) ratios of Solar Industries India Ltd are 98.7 and 28.95 respectively.

What are the peers or stocks similar to Solar Industries India Ltd?

The peers or stocks similar to Solar Industries India Ltd are Linde India Ltd, Deepak Nitrite Ltd, Castrol India Ltd, Sumitomo Chemical India Ltd and many others. smallcase also offers over 200 readymade stock baskets managed by 180+ SEBI-registered investment experts. These stock portfolios are based on a theme, idea or strategy. You can use smallcase to start investing in diversified stock baskets.

Which sector does Solar Industries India Ltd belong to?

Solar Industries India Ltd (SOLARINDS) belongs to the Commodity Chemicals sector.

What is the Market Cap of Solar Industries India Ltd?

Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Solar Industries India Ltd (SOLARINDS) is ₹79,645 Cr as of 26 Apr 2024

Can't decide whether or not to buy Solar Industries India Ltd stocks? ⭐️

Worry no more! smallcase offers readymade stock baskets/portfolios that are based on an theme, idea or strategy. You can choose from more than 500+ stock portfolios managed by 180+ SEBI-registered investment experts.

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