Sector
Aerospace & DefenceOpen
₹13,013Prev. Close
₹13,118Turnover(Lac.)
₹30,363.14Day's High
₹13,514Day's Low
₹13,00052 Week's High
₹13,66452 Week's Low
₹7,888.25Book Value
₹322.97Face Value
₹2Mkt Cap (₹ Cr.)
1,22,043.94P/E
156.96EPS
83.49Divi. Yield
0.0616 May 2024
12:00 AM
AGM
Announcement Date: 16 May, 2024
30 Jan 2025
12:00 AM
Board Meeting
Agenda : Audited Result
16 May 2024
12:00 AM
BookCloser
16 May 2024
12:00 AM
Dividend
Dividend Amount: 8.5
Record Date: 04 Jul, 2024
The contract is likely to play an important role in enhancing India's defence manufacturing capabilities and is in line with the government's vision of self-reliance in the defence segment.
Solar Industries witnessed a 55% increase in net profit for the December quarter, reaching ₹314.87 crore, compared to the ₹203 crore reported in the same quarter last year
The announcement was made after signing a memorandum of understanding (MoU) at the World Economic Forum in Davos, Switzerland on January 22, 2025.
Solar Industries India Ltd has constantly shown its interest in innovation and delivering high-quality products in the defense and industrial explosives domain
| Y/e 31 Mar( In .Cr) | Mar-2024 | Mar-2023 | Mar-2022 | Mar-2021 |
|---|---|---|---|---|
Equity Capital | 18.1 | 18.1 | 18.1 | 18.1 |
Preference Capital | 0 | 0 | 0 | 0 |
Reserves | 2,328.37 | 1,749.35 | 1,347.49 | 1,138.71 |
Net Worth | 2,346.47 | 1,767.45 | 1,365.59 | 1,156.81 |
Minority Interest |
| Y/e 31 Mar( In .Cr) | Mar-2022 | Mar-2021 | Mar-2020 | Mar-2018 |
|---|---|---|---|---|
Revenue | 2,528.34 | 1,584.4 | 1,511.54 | 1,273.27 |
yoy growth (%) | 59.57 | 4.82 | 18.71 | 11.95 |
Raw materials | -1,782.18 | -1,023.4 | -960.44 | -821.95 |
As % of sales | 70.48 | 64.59 | 63.54 | 64.55 |
Employee costs | -131.89 | -95.98 | -94.1 | -69 |
| Y/e 31 Mar( In .Cr) | Mar-2022 | Mar-2021 | Mar-2020 | Mar-2018 |
|---|---|---|---|---|
Profit before tax | 353.02 | 253.22 | 252.44 | 205.42 |
Depreciation | -49.44 | -37.98 | -33.96 | -26.09 |
Tax paid | -91.5 | -64.15 | -39.04 | -71.16 |
Working capital | -3 | 15 | 66.36 | -47.76 |
Other operating items |
| Y/e 31 Mar | Mar-2022 | Mar-2021 | Mar-2020 | Mar-2018 |
|---|---|---|---|---|
Growth matrix (%) | ||||
Revenue growth | 59.57 | 4.82 | 18.71 | 11.95 |
Op profit growth | 37.87 | 3.36 | 15.69 | 4.92 |
EBIT growth | 39.32 | -1.84 | 20.46 | 4.12 |
Net profit growth | 38.31 | -11.4 | 58.94 | 1.26 |
| Particulars (Rupees in Crores.) | Mar-2024 | Mar-2023 | Mar-2022 | Mar-2021 | Mar-2020 |
|---|---|---|---|---|---|
Gross Sales | 6,069.52 | 6,922.53 | 3,947.61 | 2,515.63 | 2,237.3 |
Excise Duty | 0 | 0 | 0 | 0 | 0 |
Net Sales | 6,069.52 | 6,922.53 | 3,947.61 | 2,515.63 | 2,237.3 |
Other Operating Income | 0 | 0 | 0 | 0 | 0 |
Other Income | 44.82 | 31.52 | 19.66 | 21.42 | 41.05 |
Company Name | LTP (₹) | P/E (%) | Mkt.Cap (₹Cr.) | NP Qtr (₹Cr.) | Div.Yield (%) | Sales Qtr (₹.Cr) | Book Value (₹) |
|---|---|---|---|---|---|---|---|
Hindustan Aeronautics Ltd HAL | 4,501.2 | 34.81 | 3,01,008.94 | 1,432.6 | 0.78 | 6,956.93 | 464.81 |
Bharat Electronics Ltd BEL | 315.85 | 46.5 | 2,30,806.27 | 1,316.06 | 0.7 | 5,756.12 | 23.8 |
Solar Industries India Ltd SOLARINDS | 13,487 | 161.58 | 1,22,077.42 | 204.42 | 0.06 | 1,207.24 | 292.91 |
Mazagon Dock Shipbuilders Ltd MAZDOCK | 2,922 | 44.46 | 1,17,920.08 | 768.22 | 0.47 | 3,143.62 | 162.47 |
Bharat Dynamics Ltd BDL | 1,531.8 | 99.23 | 56,126.22 | 147.13 | 0.34 | 799.29 | 101.81 |
Figures of Market Capital(Mar Cap), Quarterly Net Profit(NP Qtr) and Quarterly Sales(Sales Qtr) are in ₹ Cr.
Chairman (Non-Executive)
Satyanarayan Nuwal
Managing Director & CEO
Manish Nuwal
Company Sec. & Compli. Officer
Khushboo Pasari
Whole-time Director
Suresh Menon
Whole-time Director
Milind Deshmukh
Independent Director
Natrajh Ramakrishna
Independent Director
Jagdish Chandra Belwal
Independent Director
Rashmi Prasad
Independent Director
Dinesh Kumar Batra
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Website: -
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Reports by Solar Industries India Ltd
Summary
Solar Industries India Limited is engaged in manufacturing of complete range of industrial explosives and explosive initiating devices. It manufactures various types of packaged emulsion explosives, bulk explosives and explosive initiating systems. The Company has also forayed into manufacturing of ammunition for military applications. It has the worlds largest packaged explosives manufacturing facility at a single location in Nagpur, India. It has pan India presence with 34 manufacturing facilities. At the global level, Company has presence in more than 65 countries with manufacturing facilities in 5 countries. Solar Industries supports major mining and infrastructure companies including global names such as Coal India Limited, Singareni Collieries, Vedanta Ltd, and many more in global market.Solar Industries India Limited incorporated on February 24, 1995 with the name Solar Explosives Limited was promoted by Satyanarayan Nuwal, By the year 1996, Solar established trade network as well as Institutional market.The Company started manufacturing Slurry Explosives in the year 1996 and Detonating Cords in the year 1998. With the success of this unit, they forayed into manufacturing of Detonators through Economic Explosives Ltd, non-Explosive intermediaries through Solar Components Pvt Ltd, and Bulk Explosives through Solar Capitals Ltd.In September 2005, the Company acquired all the shares from the promoters of Economic Explosives Ltd, Solar Capitals Ltd and Solar Component Ltd
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What is the Solar Industries India Ltd share price today?
The Solar Industries India Ltd shares price on NATIONAL STOCK EXCHANGE (NSE) is ₹13487 today.
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 is ₹122043.94 Cr. as of 09 May ‘25
What is the PE and PB ratio of Solar Industries India Ltd?
The PE and PB ratios of Solar Industries India Ltd is 156.96 and 44.74 as of 09 May ‘25
What is the 52 Week High and Low of Solar Industries India Ltd?
The 52-week high/low is the highest and lowest price at which a Solar Industries India Ltd stock has traded during that given time period (similar to 1 year) and is considered as a technical indicator. The 52 week high and low of Solar Industries India Ltd is ₹7888.25 and ₹13664 as of 09 May ‘25
What is the CAGR of Solar Industries India Ltd?
Solar Industries India Ltd's CAGR for 5 Years at 72.46%, 3 Years at 63.82%, 1 Year at 51.06%, 6 Month at 29.25%, 3 Month at 42.98% and 1 Month at 20.01%.
What is the shareholding pattern of Solar Industries India Ltd?
The shareholding pattern of Solar Industries India Ltd is as follows:
Promoters - 73.15 %
Institutions - 19.93 %
Public - 6.92 %
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