| 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 | ||||
Debt | 317.69 | 424.44 | 155.98 | 126.67 |
Deferred Tax Liability Net | 141.32 | 114.2 | 96.84 | 82.9 |
Total Liabilities | 2,805.48 | 2,306.09 | 1,618.41 | 1,366.38 |
Fixed Assets | 1,030.39 | 857.71 | 747.1 | 687.45 |
Intangible Assets | ||||
Investments | 667.33 | 226.41 | 145.79 | 128.53 |
Deferred Tax Asset Net | 9.44 | 8.55 | 11.18 | 10.92 |
Networking Capital | 1,033.14 | 1,152.47 | 689.1 | 491.85 |
Inventories | 264.11 | 460.05 | 273.87 | 142.75 |
Inventory Days | 39.53 | 32.88 | ||
Sundry Debtors | 605.12 | 539.46 | 297.75 | 294.8 |
Debtor Days | 42.98 | 67.91 | ||
Other Current Assets | 603.12 | 624.59 | 519.33 | 299.29 |
Sundry Creditors | -120.66 | -250.61 | -140.25 | -141.19 |
Creditor Days | 20.24 | 32.52 | ||
Other Current Liabilities | -318.55 | -221.02 | -261.6 | -103.8 |
Cash | 65.18 | 60.95 | 25.24 | 47.63 |
Total Assets | 2,805.48 | 2,306.09 | 1,618.41 | 1,366.38 |
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
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