Solar Industries India Ltd share price logo

Solarinds Share Price

(SOLARINDS)

Check the latest share price of Solarinds, details on performance, fundamentals, analyst ratings, peer comparison, financials, company news, analysis, and shareholding pattern for informed investing decisions.

₹13452

2.51%

as on 04:01PM, 29 Apr 2025

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Solarinds Performance

Get real-time share price information, day’s high and low, historical returns and market stats.

  • Day's Low

    Day's High

    ₹13,150
    Day's Price Range
    ₹13,664
  • 52 Week's Low

    52 Week's High

    ₹7,888.25
    52-Week Price Range
    ₹13,664
1 Month Return+ 12.18 %
3 Month Return+ 18.71 %
1 Year Return+ 31.55 %
Previous Close₹13,123.00
Open₹13,190.00
Volume2.02L
Upper Circuit-
Lower Circuit-
Market Cap₹1,02,408.05Cr

Solarinds Fundamentals & Key Indicators

Check the fundamental ratios and key indicators of the company like P/E, P/B, PEG, Dividend yield etc.

Market Cap

₹1,02,408.05 Cr

Return on Equity (ROE)

20.74

Return on capital employed (ROCE)

25.8

P/B Ratio

18.58

Dividend Yield

0.27

EPS (TTM)

50.33

Sector

Aerospace & Defence

How to invest in Solarinds

Investing in Solarinds is simple. You can open a free INDstocks investment account on the INDmoney App. Search for Solarinds or SOLARINDS on the app to check live prices of the stock and click on Buy or SIP. You can invest by selecting the number of shares or set up a fixed SIP to invest every month or week.

For example: You can buy 10 shares of Solarinds or start an SIP based on the market price on each investment date.

You can easily transfer money to your stock account via the INDmoney app and start investing in stocks like Solarinds with just a few clicks!

Solarinds Valuation

Track how the P/E of Solarinds has moved over time to understand valuation trends.

Solarinds in the last 5 years

  • Overview

  • Trends

Lowest (27.43x)

March 23, 2020

Industry (56.66x)

December 15, 2023

Today (77.07x)

December 15, 2023

Highest (82.73x)

November 17, 2023

LowHigh

Today’s Price to Earnings Ratio: 77.07x

Analysts Recommendation on Solarinds

Get updated buy, sell, and hold recommendations by analysts on Solarinds.

based on 6 analysts

BUY

71.43%

Buy

28.57%

Hold

0.00%

Sell

71.43% of analysts recommend a 'BUY' rating for Solarinds. Average target of ₹4699.17

Source: S&P Global Market Intelligence

Analysts Forecast on Solarinds

Get share price movements and forecasts by analysts on Solarinds.

Solarinds price forecast by 6 analysts

Downside of-58.48%

High

₹5689

Target

₹4699.17

Low

₹4140

Solarinds target price ₹4699.17, a slight downside of -58.48% compared to current price of ₹13452. According to 6 analysts rating.

Source: S&P Global Market Intelligence

Solarinds Financials

Get the annual and quarterly financial summary of Solarinds, including revenue, profit, loss and more.

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹1,682.21Cr (-)₹1,347.46Cr (↓19.90%)₹1,429.14Cr (↑6.06%)₹1,610.71Cr (↑12.70%)₹1,694.78Cr (↑5.22%)
Net Income₹201.59Cr (-)₹208.99Cr (↑3.67%)₹221.94Cr (↑6.20%)₹242.71Cr (↑9.36%)₹300.54Cr (↑23.83%)
Net Profit Margin11.98% (-)15.51% (↑29.47%)15.53% (↑0.13%)15.07% (↓2.96%)17.73% (↑17.65%)
Value in ₹ crore
Details2019202020212022
Total Assets₹1,298.28Cr (-)₹1,389.70Cr (↑7.04%)₹1,611.37Cr (↑15.95%)₹2,020.26Cr (↑25.38%)
Total Liabilities₹413.23Cr (-)₹368.32Cr (↓10.87%)₹454.56Cr (↑23.41%)₹654.67Cr (↑44.02%)
Value in ₹ crore
Details20182019202020212022
Operating Cash Flow₹212.75Cr (-)₹209.77Cr (↓1.40%)₹194.93Cr (↓7.07%)₹147.77Cr (↓24.19%)₹294.01Cr (↑98.96%)

Solarinds Index Inclusions

BSE 200

₹10,982.20

0 (0%)

BSE 500

₹34,765.79

0 (0%)

S&P BSE Commodities

₹7,333.47

0 (0%)

S&P BSE 150 MidCap

₹14,959.91

0 (0%)

Nifty 500

₹0.00

0 (0%)

Nifty Midcap 100

₹54,587.95

0.27 (147.7%)

BSE Mid-Cap

₹43,097.01

0 (0%)

Nifty 200

₹13,469.00

0.03 (4.4%)

Nifty LargeMidcap 250

₹15,416.05

0.1 (15.35%)

S&P BSE 250 LargeMidCap

₹10,383.27

0 (0%)

S&P BSE 400 MidSmallCap

₹11,171.57

0 (0%)

Nifty Midcap 150

₹20,009.05

0.21 (42.35%)

Nifty MidSmallcap 400

₹18,431.30

0.21 (38.8%)

S&P BSE Momentum

₹2,052.37

0 (0%)

S&P BSE AllCap

₹10,471.31

0 (0%)

Solarinds Shareholding Pattern

View the shareholding pattern breakup of promoters, FIIs, DIIs, and retail investors in Solarinds.

InvestorsHoldings %Quarterly Trend3M change
Promoter Holdings
73.15%
0.00
Foreign Institutions
6.62%
0.00
Mutual Funds
13.99%
0.00
Retail Investors
5.91%
0.00
Others
0.33%
0.00

Solarinds vs Peers

Compare market cap, revenue, PE, and other key metrics of Solarinds with its industry peers.

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹1,02,408.05 Cr231.84%0.55NANA
HOLD₹26,362.73 Cr66.51%0.51NANA
HOLD₹21,693.10 Cr5.44%0.54NANA
BUY₹20,331.29 Cr38.63%0.51NANA
SELL₹16,862.32 Cr7.18%0.51NANA

Solarinds News & Key Events

Latest news and events at one place to help you take investing decisions in Solarinds.

  • Solar Industries Shows Strong Momentum for Upside Rally - 29 Apr, 2025

    Solar Industries has experienced a significant breakout, surpassing its all-time high resistance at ₹13,298. With strong volume and momentum indicators, the stock is projected to target ₹15,000, while maintaining a stop-loss at ₹13,000 to manage risk.
  • Solar Industries Breaks Resistance, Hits New High - 28 Apr, 2025

    Solar Industries India Ltd broke a significant resistance level of Rs. 12,607.05 on April 22, 2025, marking a breakout after nine months. The stock closed at Rs. 12,705.00, indicating potential overbought conditions.
  • Solar Industries Sees Strong Growth and Target Price Increase - 23 Apr, 2025

    Solar Industries India Ltd is experiencing significant growth, with shares nearing an all-time high. ICICI Securities raised the target price to ₹16,000, driven by robust defence business expansion and strong earnings. The stock is currently trading at ₹12,830, with potential risks noted due to overbought conditions.
  • Solar Industries Expands Stronghold in Defence Sector - 02 Apr, 2025

    Solar Industries, a long-time explosives manufacturer, is significantly increasing its presence in the defence market, anticipating a 30-35% revenue share. Recent deals include a ₹10,000 crore procurement for the Pinaka rocket launcher and a ₹12,700 crore MoU for a Mega Defence project in Nagpur, potentially generating ₹25,000 crore in revenue.

Insights on Solar Industries India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 6.83% to 6.92% in Mar 2025 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, SOLARINDS has outperformed top 5 stocks with highest market-cap in Commodity Chemicals

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 285.88 Cr → 314.87 Cr (in ₹), with an average increase of 9.2% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, SOLARINDS has outperformed top 5 stocks with highest market-cap in Commodity Chemicals

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 11.74% to 12.94% in Mar 2025 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 6 quarters, 1.35K Cr → 1.98K Cr (in ₹), with an average increase of 7.3% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, SOLARINDS stock has moved up by 37.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 73.15% of holdings in Mar 2025 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 7.23% to 5.82% in Mar 2025 quarter

About Solarinds

Solar Industries India Ltd. is an Indian multinational conglomerate company established in 1995 by Mr. Kamal Kumbhat. It is India's largest manufacturer and exporter of explosives and initiating systems, with operations in over 25 countries. The company is headquartered in Nagpur, Maharashtra and is listed on the National Stock Exchange of India.

Solar Industries India Ltd. manufactures and supplies a wide range of products including explosives, detonators, detonating cords, emulsion explosives, blasting accessories, and speciality chemicals. The company also provides services such as blasting services, training and consultancy services, and engineering services. Its popular brands include Solar, Solarite, and Solar-X.

The company's operations are divided into four major lines of business: explosives, detonators, blasting accessories, and speciality chemicals. Its top products include Solarite, Solar-X, and Solar-Gel. Solar Industries India Ltd. is committed to providing its customers with quality products and services that meet the highest safety and environmental standards.

Revenue: ₹1,694.78Cr as on June 2024 (Q2 24)
Net Profit: ₹300.54Cr as on June 2024 (Q2 24)
Listing date: 03 Apr, 2006
Chairperson Name: Satyanarayan Nuwal
OrganisationSolarinds
Headquarters
IndustryAerospace & Defence
E-voting on sharesClick here to vote

Indian Mutual Funds that own Solarinds

Check out the Mutual Funds with significant holdings in Solarinds.

Futures and Options

View the latest movement in Solarinds Futures & Options, including strike prices, expiry dates, and percentage changes.

FAQs

What is Solar Industries India Ltd price today?

Solar Industries India Ltd share price today stands at ₹13452, Open: ₹13190, Previous Close: ₹13123, High: ₹13664, Low: ₹13150, 52 Week High: ₹13664, 52 Week Low: ₹7888.25.

How to Buy Solar Industries India Ltd Share in India?

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  • Fund your Trading account
  • Place an order to buy Solar Industries India Ltd shares

What are today's traded volumes of Solar Industries India Ltd?

Today's traded volume of Solar Industries India Ltd(SOLARINDS) is 2.02L.

What is today's market capitalisation of Solar Industries India Ltd?

Today's market capitalisation of Solar Industries India Ltd(SOLARINDS) is ₹1,02,408.05 Cr.

What is the 52 Week High and Low Range of Solar Industries India Ltd?

Solar Industries India Ltd (SOLARINDS)
Price
52 Week High
₹13664
52 Week Low
₹7888.25

How much percentage Solar Industries India Ltd is down from its 52 Week High?

Solar Industries India Ltd (SOLARINDS) share price is ₹13452. It is down -1.55% from its 52 Week High price of ₹13664

How much percentage Solar Industries India Ltd is up from its 52 Week low?

Solar Industries India Ltd (SOLARINDS) share price is ₹13452. It is up 70.53% from its 52 Week Low price of ₹7888.25