Solar Industries India Limited Stock Price Today (NSE: SOLARINDS)

Solar Industries India Limited

SOLARINDSExplosives
18900.00350.00 (1.82%)
Market Closed

Fundamental Score

...

Solar Industries India Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Solar Industries India Limited share price today is 18900.00, down 1.82% on NSE/BSE as of 16 September 2026. Solar Industries India Limited (SOLARINDS) is a Large-cap company in the Explosives sector with a market capitalisation of 1.71L (Cr). The 52-week high for SOLARINDS share price is 22700.00 and the 52-week low is 11646.00. At a P/E ratio of 85.89x, SOLARINDS is currently trading above its industry average P/E of 45.01x. The company has a Return on Equity (ROE) of 31.46% and a debt-to-equity ratio of 0.23.

Solar Industries India Limited Share Price Chart — NSE/BSE Historical Performance

No data
High
22495.00
Low
18420.00
Volume
1.8L
Change
+19.31%

Solar Industries India Limited share price chart: 19.31% return over the past month. 52-week high ₹22700.00, 52-week low ₹11646.00.

Solar Industries India Limited — Last 10 Trading Days

DateOpenHighLowCloseVolume
19400.0019460.0018480.0018900.005.25L (Cr)
22320.0022700.0019065.0019250.0013.05L (Cr)
22300.0022500.0022130.0022290.001.49L (Cr)
22350.0022495.0022180.0022370.0058.69K (Cr)
22515.0022625.0022230.0022355.0094.44K (Cr)
22130.0022495.0021925.0022455.002.17L (Cr)
21450.0022200.0021450.0021950.002.27L (Cr)
21500.0021695.0021345.0021445.001.28L (Cr)
20635.0021645.0020630.0021500.004.82L (Cr)
19970.0020610.0019810.0020600.001.39L (Cr)

Solar Industries India Limited — Last 12 Months Price History

MonthOpenHighLowCloseChange
20250.0022700.0018480.0018900.00-6.67%
18400.0020672.0017816.0020108.00+9.28%
18700.0019143.0017028.0018391.00-1.65%
18390.0018780.0016832.0018696.00+1.66%
15562.0018874.0015351.0018247.00+17.25%
12420.0015995.0012233.0015439.00+24.31%
13099.0015576.0012000.0012076.00-7.81%
13198.0014130.0012851.0013504.00+2.32%
12335.0014000.0012065.0013480.00+9.28%
13329.0013405.0011646.0012252.00-8.08%
13840.0014245.0013138.0013272.00-4.10%
13210.0014300.0013204.0013878.00+5.06%

Returns & Performance

Excellent

Return on Equity (ROE)

31.46%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

34.19%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

23.22%

Average operating profit margin over 5 years

Dividend Yield

0.06%

Annual dividend as % of current share price

Solar Industries India Limited Valuation Check

Poor

Price to Earnings (P/E)

85.89x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

45.01x

Average P/E of all peers in this sector

Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Shareholding Pattern

Excellent

Promoter Holding

73.15%

% shares held by company founders/management

Average

FII Holding

6.59%

% shares held by foreign institutional investors

Good

DII Holding

12.89%

% held by domestic mutual funds, LIC, banks

Poor

Promoter Pledged %

1.76%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

92.66%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

70.26%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

31.36%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

43.43%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

43.43%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.23x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

18.65x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

1.38K (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Solar Industries India Limited Fundamental Analysis & Valuation Benchmarking

Educational evaluation of SOLARINDS across key market metrics for learning purposes.

Positive Indicators

13 factors identified

Strong Return on Equity (31.46%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (34.19%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (23.22%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (92.66%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (70.26%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (31.36% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (43.43% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (43.43% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.23)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (18.65x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Healthy Liquidity Position (Current Ratio: 1.95)

Observation: Strong short-term liquidity to meet obligations.

Analysis: Current ratio >1.5 indicates good working capital management.

Strong Cash Generation (₹1377.35 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (73.15%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Risk Factors

2 factors identified

Premium Valuation Risk (P/E: 85.89x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

High Price-to-Book Ratio (38.99x)

Observation: Trading at significant premium to book value.

Analysis: High P/B ratios may indicate overvaluation relative to asset base.

Solar Industries India Limited vs Explosives Peers

Peer Comparison - Explosives

Compare Solar Industries India Limited with 4 other companies in the same sector

5 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
74.9/100
18900
₹171045.00
85.9
Average
31.46%
Excellent
34.19%
Excellent
0.2
Excellent
43.43%
Excellent
31.36%
Excellent
0.06%
65.6/100
673
₹3617.85
107.8
Average
17.09%
Good
21.10%
Excellent
0.1
Excellent
95.24%
Excellent
20.60%
Excellent
0.07%
55.8/100
434
₹2151.20
6.3
Average
0.00%
Poor
12.88%
Average
0.0
Excellent
27.90%
Excellent
-52.77%
Poor
2.48%
51.1/100
11803
₹1180.30
41.4
Average
20.66%
Excellent
23.80%
Excellent
0.5
Excellent
43.33%
Excellent
19.30%
Excellent
0.02%
22.1/100
539
₹817.36
45.0
Average
9.36%
Poor
13.25%
Average
0.2
Excellent
0.00%

Solar Industries India Limited PE Ratio History

Historical price-to-earnings ratio for SOLARINDS — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 2025133.65₹12252.0091.7x
FY 202492.38₹9783.30105.9x
FY 202383.68₹6727.5080.4x
FY 202248.77₹4384.5589.9x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Solar Industries India Limited Dividend History

Annual cash dividends paid by SOLARINDS — dividend yield 0.06%

Financial YearDividends Paid (₹ Cr)
FY 202576.92 Cr
FY 202472.37 Cr
FY 202367.87 Cr
FY 202254.29 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Solar Industries India Limited Quarterly Performance

Latest quarterly metrics for SOLARINDS — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

70.26%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

92.66%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

31.36%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

43.43%

Compounded annual net profit growth over 5 years

Solar Industries India Limited Technical Indicators

SMA 50, SMA 200, RSI and volume signals for SOLARINDS — calculated from daily price history

83RSI 14
Overbought — RSI 83

Momentum is strong — price may be stretched. Watch for pullbacks.

SMA 50
19185
▼ Price below SMA 50 — Short-term bearish
SMA 200
15617
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
154K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Solar Industries India Limited Financial Statements

Annual income statement, balance sheet and cash flow for Solar Industries India Limited (SOLARINDS) — sourced from NSE/BSE filings.

Financial Results & Statements

Latest quarterly, annual and period-wise financial data for Solar Industries India Limited

Loading latest quarterly results...

About SOLARINDS (Solar Industries India Limited)

Solar Industries India Ltd is a powerhouse in the world of industrial explosives, forging its dominance through a potent blend of innovation and global reach. They're not just movi...ng earth; they're shaping landscapes with the controlled power of their explosive solutions. Imagine mountains yielding to carefully orchestrated blasts, tunnels carved with precision, and mines brought to life with the safe and effective power of their products. Solar Industries stands at the forefront, crafting a comprehensive suite of high explosives and initiating systems designed to tackle the most demanding challenges in mining, infrastructure, and construction. Their commitment to safety and performance echoes in every charge, every detonator, and every foot of detonating cord they produce. The company's expertise extends beyond brute force, delving into the intricate science of initiation. From pinpoint-accurate electronic detonators to reliable non-electric systems, Solar Industries provides the spark that ignites progress. Their initiating systems represent a spectrum of solutions, ensuring optimal blasting outcomes across diverse environments and operational needs. These systems are the invisible hand that orchestrates the power of explosives, guaranteeing precision and control. It is in this commitment to safety, precision, and control that Solar Industries has earned its reputation as a trusted partner for industries that depend on the power of controlled explosions to achieve their goals. Beyond the world of commercial explosives, Solar Industries has strategically expanded into the defense sector. This move has added a new dimension to their portfolio, leveraging their expertise in energetic materials to develop and manufacture a range of defense products. Their dedication to innovation and technological advancement has solidified their position as a key player in both civil and military applications, making them a truly diversified force in the world of explosive technology. Solar Industries is not just a manufacturer; they are a solutions provider, shaping the future of industries that rely on the controlled power of explosives.

Company Details

Symbol:SOLARINDS
Industry:Explosives
Sector:Explosives

Key Leadership

Mr. Manish Satyanarayan Nuwal
CEO, MD & Executive Director
Mr. Moneesh Agrawal
Joint Chief Financial Officer
Ms. Shalinee Mandhana
Joint Chief Financial Officer

SOLARINDS Share Price: Frequently Asked Questions

What is the current share price of Solar Industries India Limited?

Solar Industries India Limited (SOLARINDS) trades at ₹18900.00 on NSE and BSE. Market cap ₹1.71L (Cr). Educational data only.

What is the P/E ratio of Solar Industries India Limited?

Solar Industries India Limited has a P/E of 85.89x vs industry average 45.01x.

What is the Bull Run score for Solar Industries India Limited?

Solar Industries India Limited has a Bull Run score of 74.9/100 based on 25+ financial parameters.

Does Solar Industries India Limited pay dividends?

Solar Industries India Limited has a dividend yield of 0.06%. Past dividends don't guarantee future payments.

What is the ROE of Solar Industries India Limited?

Solar Industries India Limited has ROE of 31.46%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Solar Industries India Limited?

Solar Industries India Limited has debt-to-equity of 0.23.

Is Solar Industries India Limited a good investment?

Bull Run gives Solar Industries India Limited a score of 74.9/100. This is not investment advice — consult a SEBI-registered advisor.