Solar Industries India Limited (IN:SOLARINDS)
:SOLARINDS
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SOLARINDS Stock Chart & Stats
₹12732.70
-₹69.05(-0.71%)
At close: 4:00 PM EST
₹12732.70
-₹69.05(-0.71%)
Day’s Range― - ―
52-Week Range₹11,641.10 - ₹18,880.00
Previous CloseN/A
Volume70.79K
Average Volume (3M)4.26K
Market Cap
₹1.69T
Enterprise Value₹1.71T
Total Cash (Recent Filing)₹6.90B
Total Debt (Recent Filing)₹11.70B
Price to Earnings (P/E)98.4
Beta0.94
Next Earnings
Jul 29, 2026EPS Estimate
54.55Next Dividend Ex-DateN/A
Dividend Yield0.08%
Share Statistics
EPS (TTM)145.96
Shares Outstanding90,490,060
10 Day Avg. Volume4,512
30 Day Avg. Volume4,260
Financial Highlights & Ratios
PEG Ratio1.68
Price to Book (P/B)17.41
Price to Sales (P/S)11.11
P/FCF Ratio-87.78
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)268.75
Revenue Forecast (FY)₹135.46B
Bulls Say, Bears Say
Bulls Say
Sustained Revenue ScaleThe company has delivered multi-year top-line expansion, scaling revenue nearly fourfold over FY2021–FY2026. Durable volume and customer traction across mining and infrastructure markets support predictable demand and provide a larger base for margin recovery and further operational leverage over the next few quarters.
High Profitability & ROEConsistently strong gross and net margins, together with very high ROE, indicate competitive product economics and efficient capital use. These structural profitability metrics suggest the business can generate attractive returns on incremental sales and sustain cash earnings when revenue momentum holds.
Conservative Leverage RatioA low debt-to-equity ratio after recent improvement gives the company financial flexibility to fund growth and capex. For a capital-intensive specialty chemicals/explosives business, conservative leverage supports durable investment capacity and lowers refinancing risk over the medium term.
Bears Say
Weak Cash ConversionCash generation deteriorated sharply in FY2026, with operating cash far below reported earnings and a large negative free cash flow. Persistent weak cash conversion limits internal funding for capex or working capital, increases reliance on external financing, and heightens vulnerability to market stress.
Margin VolatilityNotable gross margin compression despite rising revenue signals sensitivity to input costs, product mix, or pricing dynamics. Ongoing margin variability undermines cash flow predictability and could pressure earnings resilience if commodity or competitive dynamics deteriorate in the medium term.
Rising Absolute DebtWhile leverage ratios are moderate, absolute debt has nearly doubled as the company expands. Higher nominal debt increases interest and refinancing exposure, especially given weaker cash conversion, and requires disciplined execution to avoid leverage creep if growth or margins falter.
Solar Industries India Limited News
SOLARINDS FAQ
What was Solar Industries India Limited’s price range in the past 12 months?
Solar Industries India Limited lowest stock price was ₹11641.10 and its highest was ₹18880.00 in the past 12 months.
What is Solar Industries India Limited’s market cap?
Solar Industries India Limited’s market cap is ₹1.69T.
When is Solar Industries India Limited’s upcoming earnings report date?
Solar Industries India Limited’s upcoming earnings report date is Jul 29, 2026 which is in 60 days.
How were Solar Industries India Limited’s earnings last quarter?
Solar Industries India Limited released its earnings results on May 15, 2026. The company reported ₹60.5 earnings per share for the quarter, beating the consensus estimate of ₹60.158 by ₹0.342.
Is Solar Industries India Limited overvalued?
According to Wall Street analysts Solar Industries India Limited’s price is currently Overvalued.
Does Solar Industries India Limited pay dividends?
Solar Industries India Limited pays a Annually dividend of ₹10 which represents an annual dividend yield of 0.08%. See more information on Solar Industries India Limited dividends here
What is Solar Industries India Limited’s EPS estimate?
Solar Industries India Limited’s EPS estimate is 54.55.
How many shares outstanding does Solar Industries India Limited have?
Solar Industries India Limited has 90,490,060 shares outstanding.
What happened to Solar Industries India Limited’s price movement after its last earnings report?
Solar Industries India Limited reported an EPS of ₹60.5 in its last earnings report, beating expectations of ₹60.158. Following the earnings report the stock price went up 4.084%.
Which hedge fund is a major shareholder of Solar Industries India Limited?
Currently, no hedge funds are holding shares in IN:SOLARINDS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Solar Industries India Limited
Solar Industries India Limited, together with its subsidiaries, engages in the manufacture and sale of industrial explosives and explosive initiating devices in India and internationally. It offers industrial explosives, such as packaged and bulk explosives; and initiating systems, including electronic, non-electric, electric, and plain detonators, as well as cord relays, cast boosters, detonating cords, and aluminum elemented det products. The company also provides defense products, including unmanned aerial systems and drones, ammunitions, military explosives, bombs and warheads, rockets, and drones armed with guided missiles, as well as counter drone systems and initiating systems and pyros comprising fuzes, detonators, ignitors, decoys and flares, and riot control devices. It primarily serves mining, defense, and infrastructure sectors. The company was formerly known as Solar Explosives Limited and changed its name to Solar Industries India Limited in February 2009. Solar Industries India Limited was founded in 1983 and is headquartered in Nagpur, India.
Technical Analysis
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