Solar Industries India Ltd

SOLARINDSExplosives
13389.00+0.00 (+0.00%)
As on 09 Feb 2026, 12:25 pmMarket Closed

Fundamental Score

...

Solar Industries India Ltd Share Price Live NSE/BSE

No data
High
0.00
Low
0.00
Volume
0
Change
+0.00%

Profitability Metrics

Excellent

Return on Equity

32.64%
Excellent

Return on Capital Employed

38.13%
Excellent

Operating Profit Margin (5Y)

22.63%
Poor

Dividend Yield

0.08%

Valuation Metrics

Poor

Price to Earnings

90.77x

Market Capitalization

1.20L (Cr)

Industry P/E

24.07x

Growth Metrics

Excellent

YoY Quarterly Profit Growth

20.67%
Excellent

YoY Quarterly Sales Growth

21.35%
Excellent

Sales Growth (5Y)

27.51%
Excellent

EPS Growth (5Y)

36.25%
Excellent

Profit Growth (5Y)

36.25%

Financial Health

Excellent

Debt to Equity

0.17x
Excellent

Interest Coverage

17.10x
Excellent

Free Cash Flow (5Y)

2.62K (Cr)

Ownership Structure

Good

Promoter Holding

73.15%
Average

FII Holding

7.11%
Good

DII Holding

12.90%
Good

Pledged Percentage

1.52%
Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.
73.15%
Promoter Holding
1.20L (Cr)
Market Cap

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

Market Data Analysis & Educational Insights

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

Positive Indicators

12 factors identified

Strong Return on Equity (32.64%)

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 (38.13%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance. This indicates quality business fundamentals.

Strong Operating Margins (22.63%)

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

Analysis: OPM >15% suggests operational efficiency and competitive advantages. This indicates sustainable profitability potential.

Robust Profit Growth (20.67%)

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

Analysis: Profit growth >20% indicates effective execution and market opportunity capture. This suggests positive business trajectory.

Strong Revenue Growth (21.35%)

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

Analysis: Revenue growth >15% suggests strong market position and growth potential. This indicates business expansion success.

Consistent Growth Track Record (27.51% CAGR)

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

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model and market opportunity execution over time.

Excellent EPS Growth (36.25% CAGR)

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

Analysis: EPS CAGR >15% indicates strong wealth creation potential and effective capital allocation over extended periods.

Strong Profit Growth Track Record (36.25% CAGR)

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

Analysis: Profit CAGR >15% demonstrates scalable business model and effective operational leverage over time.

Conservative Debt Levels (D/E: 0.17)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns and flexibility for growth investments.

Strong Interest Coverage (17.10x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk and strong debt servicing capability.

Strong Cash Generation (₹2620.29 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 while ensuring adequate liquidity.

Risk Factors

3 factors identified

Premium Valuation Risk (P/E: 90.77x)

Observation: High valuation multiples may limit upside potential.

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

High P/E Ratio

Observation: Stock may be overvalued relative to earnings.

Analysis: P/E above 30 requires strong growth execution to justify current valuations.

Very High P/E Ratio

Observation: Significant overvaluation risk present.

Analysis: Extremely high P/E ratios indicate potential bubble territory and high downside risk.

Financial Statements

Comprehensive financial data for Solar Industries India Ltd

About SOLARINDS

Business Overview

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 bulk and packaged explosives; and initiating systems, including electronic, electric, non-electric, and plain detonators, as well as cord relays, cast boosters, detonating cords, and aluminum elemented det products. The company provides defense products, including unmanned aerial systems and drones, ammunitions, high energy materials, bombs and warheads, rockets and missiles, initiating systems and detonix, chaffs and flares, and mines devices. Its products are used in mining, infrastructure, construction, defence, and the space sectors. The company was formerly known as Solar Explosives Limited and changed its name to Solar Industries India Limited in February 2009. The company was founded in 1983 and is based in Nagpur, India.

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 Stock Details & Analysis

Key Financial Metrics

Return on Equity (ROE)32.64%
Return on Capital Employed38.13%
Operating Profit Margin (5Y)22.63%
Debt to Equity Ratio0.17
Interest Coverage Ratio17.10

Growth & Valuation

Sales Growth (5Y)27.51%
Profit Growth (5Y)36.25%
EPS Growth (5Y)36.25%
YoY Quarterly Profit Growth20.67%
YoY Quarterly Sales Growth21.35%

Frequently Asked Questions

What is the current price of Solar Industries India Ltd (SOLARINDS)?

As of 09 Feb 2026, 12:25 pm IST, Solar Industries India Ltd (SOLARINDS) is currently trading at ₹13389.00. The stock has a market capitalization of ₹1.20L (Cr).

Is SOLARINDS share price Overvalued or Undervalued?

SOLARINDS is currently trading at a P/E ratio of 90.77x, compared to the industry average of 24.07x. Based on this relative valuation, the stock appears to be Overvalued against its sector peers.

What factors affect the Solar Industries India Ltd share price?

Key factors influencing SOLARINDS's price include its quarterly earnings growth (Sales Growth: 21.35%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Solar Industries India Ltd a good stock for long-term investment?

Solar Industries India Ltd shows a 5-year Profit Growth of 36.25% and an ROE of 32.64%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.17 before investing.

How does Solar Industries India Ltd compare with its industry peers?

Solar Industries India Ltd competes with major peers in the Explosives. Investors should compare SOLARINDS's P/E of 90.77x and ROE of 32.64% against the industry averages to determine its competitive standing.

What is the P/E ratio of SOLARINDS and what does it mean?

SOLARINDS has a P/E ratio of 90.77x compared to the industry average of 24.07x. The Price-to-Earnings (P/E) ratio is calculated by dividing the current share price by earnings per share (EPS). This means investors are paying ₹91 for every ₹1 of annual earnings.

How is SOLARINDS performing according to Bull Run's analysis?

SOLARINDS has a Bull Run fundamental score of 67/100, which indicates moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters including profitability, growth metrics, and valuation ratios.

What sector and industry does SOLARINDS belong to?

SOLARINDS operates in the Explosives industry. This classification helps understand the competitive landscape and sector-specific trends affecting Solar Industries India Ltd.

What is Return on Equity (ROE) and why is it important for SOLARINDS?

SOLARINDS has an ROE of 32.64%, which indicates excellent management efficiency and profitable operations. Return on Equity measures how efficiently Solar Industries India Ltd generates profits from shareholders' equity.

How is SOLARINDS's debt-to-equity ratio and what does it indicate?

SOLARINDS has a debt-to-equity ratio of 0.17, which indicates conservative financing with low financial risk. A ratio below 1.0 generally indicates conservative financing.

What is SOLARINDS's dividend yield and is it a good dividend stock?

SOLARINDS offers a dividend yield of 0.08%, which means you receive ₹0.08 annual dividend for every ₹100 invested.

How has SOLARINDS grown over the past 5 years?

SOLARINDS has achieved 5-year growth rates of: Sales Growth 27.51%, Profit Growth 36.25%, and EPS Growth 36.25%.

What is the promoter holding in SOLARINDS and why does it matter?

Promoters hold 73.15% of SOLARINDS shares, with 1.52% of promoter shares pledged. High promoter holding often indicates strong management confidence.

What is SOLARINDS's market capitalization category?

SOLARINDS has a market capitalization of ₹119887 crores, placing it in the Large-cap category.

How volatile is SOLARINDS stock?

SOLARINDS has a beta of N/A. A beta > 1 suggests the stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is the 52-week high and low for SOLARINDS?

SOLARINDS has a 52-week high of ₹N/A and low of ₹N/A.

What is SOLARINDS's operating profit margin trend?

SOLARINDS has a 5-year average Operating Profit Margin (OPM) of 22.63%, indicating the company's operational efficiency.

How is SOLARINDS's quarterly performance?

Recent quarterly performance shows YoY Sales Growth of 21.35% and YoY Profit Growth of 20.67%.

What is the institutional holding pattern in SOLARINDS?

SOLARINDS has FII holding of 7.11% and DII holding of 12.90%. Significant institutional holding often suggests professional confidence in the stock.