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Solar Industries share price

Solar Industries India Ltd.

NSE: SOLARINDS BSE: 532725 SECTOR: Chemicals  145k   692   70

11007.65
+908.70 (9.00%)
BSE: 02 Jul 04:01 PM

Price Summary

Today's High

₹ 11192.1

Today's Low

₹ 10200.05

52 Week High

₹ 10450

52 Week Low

₹ 3456.95

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

99608.29 Cr.

Enterprise Value

99855.59 Cr.

No. of Shares

9.05 Cr.

P/E

167.04

P/B

42.45

Face Value

₹ 2

Div. Yield

0.08 %

Book Value (TTM)

₹  259.31

CASH

65.18 Cr.

DEBT

312.48 Cr.

Promoter Holding

73.15 %

EPS (TTM)

₹  65.9

Sales Growth

-10.68%

ROE

28.99 %

ROCE

34.23%

Profit Growth

33.88 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Index Presence

The company is present in 19 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-10.68%
3 Year32.88%
5 Year17.45%

Profit Growth

1 Year33.88%
3 Year46.65%
5 Year25.51%

ROE%

1 Year28.99%
3 Year26.05%
5 Year23.58%

ROCE %

1 Year34.23%
3 Year31.3%
5 Year27.85%

Debt/Equity

0.1332

Price to Cash Flow

129.41

Interest Cover Ratio

28.047

CFO/PAT (5 Yr. Avg.)

0.902355658740209

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 73.15 0.55
Dec 2023 73.15 0
Sep 2023 73.15 0
Jun 2023 73.15 0
Mar 2023 73.15 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 46.649547876944% for the Past 3 years.
  • The company has shown a good revenue growth of 32.8806035454736% for the Past 3 years.
  • Company has been maintaining healthy ROE of 26.0523333333333% over the past 3 years.
  • Company has been maintaining healthy ROCE of 31.3013666666667% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 28.047.
  • The company has an efficient Cash Conversion Cycle of 62.5932 days.
  • Company has a healthy liquidity position with current ratio of 2.4981.
  • The company has a high promoter holding of 73.15%.

 Limitations

  • Promoter pledging has increased from 0% to 0.55% in 1 quarter.
  • Company has contingent liabilities of 789.48 Cr.
  • The company is trading at a high PE of 167.04.
  • The company is trading at a high EV/EBITDA of 111.8204.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 1253.46 983.26 830.34 902.25 1001.67
Total Expenditure 1015.75 789.93 631.15 710.35 751.43
Operating Profit 237.71 193.33 199.19 191.9 250.24
Other Income 3.18 13.92 13.56 17.68 13.18
Interest 11.63 7.64 6.33 7.73 7.88
Depreciation 14.73 15.32 15.72 16.13 16.2
Exceptional Items 0 0 0 0 0
Profit Before Tax 214.53 184.29 190.7 185.72 239.34
Tax 56.47 46.88 49.52 47.4 59.95
Profit After Tax 158.06 137.41 141.18 138.32 179.39
Adjusted EPS (Rs) 17.47 15.18 15.6 15.28 19.82

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 1511.54 1584.4 2528.34 4162.25 3717.52
Total Expenditure 1248.32 1312.32 2168.56 3540.78 2882.86
Operating Profit 263.22 272.08 359.78 621.47 834.66
Other Income 35.35 25.64 51.53 63.2 58.34
Interest 12.17 6.52 8.85 27.57 29.58
Depreciation 33.96 37.98 49.44 57.02 63.37
Exceptional Items 0 0 0 0 0
Profit Before Tax 252.44 253.22 353.02 600.08 800.05
Tax 39.04 64.15 91.5 154.69 203.75
Net Profit 213.4 189.07 261.52 445.39 596.3
Adjusted EPS (Rs.) 23.58 20.89 28.9 49.21 65.89

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 18.1 18.1 18.1 18.1 18.1
Total Reserves 1003.28 1138.71 1347.49 1749.35 2328.37
Borrowings 63.45 74.65 118.56 182.47 193.05
Other N/C liabilities 72.59 72.65 86.23 108.13 136.15
Current liabilities 227.04 296.34 438.7 711.12 559.58
Total Liabilities 1384.46 1600.45 2009.08 2769.17 3235.25
Assets
Net Block 544.8 557.76 706.19 779.3 811.24
Capital WIP 30.43 127.4 40.78 76.04 217.23
Intangible WIP 1.91 2.29 0.13 2.37 1.92
Investments 129.85 128.53 145.79 206.41 453.89
Loans & Advances 163.64 130.43 277.02 332.51 290.98
Other N/C Assets 16.68 58.3 89.57 95.9 62.13
Current Assets 497.15 595.74 749.6 1276.64 1397.86
Total Assets 1384.46 1600.45 2009.08 2769.17 3235.25
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 252.44 253.22 353.02 600.08 800.05
Adjustment 25.52 41.06 16.06 33.47 63.15
Changes in Assets & Liabilities -17.55 -82.08 -2.18 -361.18 93.05
Tax Paid -65.48 -64.43 -72.89 -139.65 -186.55
Operating Cash Flow 194.93 147.77 294.01 132.72 769.7
Investing Cash Flow -9.93 -99.33 -280.21 -270.73 -548.41
Financing Cash Flow -142.08 -65.95 -36.02 173.04 -216.5
Net Cash Flow 42.92 -17.51 -22.22 35.03 4.79

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 73.15 73.15 73.15 73.15 73.15
indira kailashchandra nuw... 6.15 6.15 6.15 6.15 6.15
kailash chandra nuwal 23.08 23.08 23.08 23.08 23.08
manish satyanarayan nuwal... 38.93 38.93 38.93 38.93 38.93
rahul nuwal 0.03 0.03 0.03 0.03 0.03
satyanarayan nandlalji nu... 3.58 3.58 3.58 3.58 3.58
seema manish nuwal 1.37 1.37 1.37 1.37 1.37
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 26.85 26.85 26.85 26.85 26.85
hdfc mutual fund- hdfc mi... - - - - 1.83
kotak emergency equity sc... - - - - 4.45
llp - 0.02 0.02 0.02 0.02
sbi equity hybrid fund - - 6.22 6.10 5.58
hdfc mutual fund - hdfc m... - - 1.99 1.90 -
kotak emerging equity sch... 4.51 4.64 4.66 4.47 -
hdfc trustee company ltd ... 1.65 1.65 - - -
sbi focused equity fund 7.05 6.38 - - -
fidelityemerging markets ... 1.42 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Solar Industries India informs about press release27 Jun 2024, 4:47PM Solar Industries India informs about presentation16 May 2024, 4:46PM Solar Industries - Quaterly Results16 May 2024, 3:00PM Solar Industries - Quaterly Results16 May 2024, 3:00PM Solar Industries - Quaterly Results16 May 2024, 3:00PM Solar Industries India submits analyst meet intimation 13 May 2024, 5:28PM Solar Industries India informs about receipt of order 11 Mar 2024, 5:16PM Solar Industries receives export order worth Rs 455 crore11 Mar 2024, 3:56PM Solar Industries India informs about newspaper publication8 Feb 2024, 5:17PM Solar Industries - Quaterly Results7 Feb 2024, 2:24PM Solar Industries - Quaterly Results7 Feb 2024, 2:24PM Solar Industries - Quaterly Results7 Feb 2024, 2:24PM Solar Industries India bags export orders worth Rs 994 crore8 Jan 2024, 2:45PM Solar Industries India informs about conference call6 Nov 2023, 2:17PM Solar Industries - Quaterly Results2 Nov 2023, 12:00PM Solar Industries - Quaterly Results2 Nov 2023, 12:00PM Solar Industries - Quaterly Results2 Nov 2023, 12:00PM Solar Industries bags orders worth Rs 1853 crore7 Oct 2023, 3:59PM Solar Industries India informs about earnings call transcript8 Aug 2023, 1:12PM Solar Industries - Quaterly Results3 Aug 2023, 2:20PM Solar Industries - Quaterly Results3 Aug 2023, 2:20PM Solar Industries - Quaterly Results3 Aug 2023, 2:20PM Solar Industries India informs about conference call29 Jul 2023, 11:02AM Solar Industries India informs about annual secretarial compliance report9 May 2023, 5:11PM Solar Industries India informs about transcript of conference call8 May 2023, 2:14PM Solar Industries India informs about book closure6 May 2023, 3:04PM Solar Industries India informs about presentation 3 May 2023, 5:10PM Solar Industries - Quaterly Results3 May 2023, 2:58PM Solar Industries - Quaterly Results3 May 2023, 2:58PM Solar Industries - Quaterly Results3 May 2023, 2:58PM Solar Industries India informs about updates 24 Apr 2023, 12:27PM Solar Industries’ arm signs contract for supply of Loiterinq Munition with Ministry of Defense21 Apr 2023, 12:13PM Solar Industries India's arm to make investment in Rajasthan Explosives and Chemicals11 Apr 2023, 5:39PM Solar Industries India informs about compliance certificate4 Apr 2023, 11:48AM Solar Industries India informs about transcript of conference call28 Jan 2023, 10:27AM Solar Industries India informs about newspaper clippings 27 Jan 2023, 5:25PM Solar Industries - Quaterly Results25 Jan 2023, 2:05PM Solar Industries - Quaterly Results25 Jan 2023, 2:05PM Solar Industries - Quaterly Results25 Jan 2023, 2:05PM Solar Industries India informs about submission of voting results and scrutinisers report 16 Jan 2023, 5:03PM Solar Industries India informs about trading window closure31 Dec 2022, 3:31PM Solar Industries India informs about outcome of committee meeting23 Dec 2022, 12:22PM Solar Industries planning to raise Rs 60 crore through NCDs20 Dec 2022, 10:10AM Solar Industries India informs about analyst meet 19 Dec 2022, 11:34AM Solar Industries India informs about press release14 Dec 2022, 4:34PM Solar Industries India informs about disclosure of related party transactions16 Nov 2022, 1:13PM Solar Industries India informs about analyst meet 8 Nov 2022, 3:48PM Solar Industries - Quaterly Results4 Nov 2022, 2:14PM Solar Industries - Quaterly Results4 Nov 2022, 2:14PM Solar Industries - Quaterly Results4 Nov 2022, 2:14PM

Solar Industries Stock Price Analysis and Quick Research Report. Is Solar Industries an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Solar Industries stock price today is Rs 11019.1. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Solar Industries . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Solar Industries has a PE ratio of 167.217781770559 which is high and comparatively overvalued .

  • Share Price: - The current share price of Solar Industries is Rs 11019.1. One can use valuation calculators of ticker to know if Solar Industries share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Solar Industries has ROA of 19.862 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Solar Industries has a Current ratio of 2.4981 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Solar Industries has a ROE of 28.9894 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Solar Industries has a Debt to Equity ratio of 0.1332 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Solar Industries has reported revenue growth of -10.6848 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Solar Industries for the current financial year is 22.4520648174051 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Solar Industries is Rs 8.5 and the yield is 0.0772 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Solar Industries is Rs 65.8967 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Solar Industries in Ticker for free. Also, one can get the intrinsic value of Solar Industries by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Solar Industries

Solar Industries India Ltd. Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

Welcome to our comprehensive stock analysis page for Solar Industries India Ltd., where long-term investors can find valuable insights and resources to make informed investment decisions. In this article, we will explore various aspects of Solar Industries India Ltd.'s stock analysis, including share price, balance sheet, annual report, dividend, quarterly result, stock price, price chart, news, concall, transcripts, investor presentations, promoters, and shareholders.

Solar Industries India Ltd. Share Price Analysis

Analyzing share prices is crucial for long-term investors to gain insights into a company's growth potential and future outlook. At our platform, we provide access to Solar Industries India Ltd.'s historical share price data through our pre-built screening tools. By tracking the trends over different time periods, investors can identify patterns and evaluate the stock's valuation based on key financial metrics. This enables investors to make well-informed decisions about investing in Solar Industries India Ltd.

Solar Industries India Ltd. Balance Sheet Evaluation

Understanding a company's financial health and stability is an essential aspect of stock analysis for long-term investors. Our platform offers pre-built screening tools that allow investors to assess Solar Industries India Ltd.'s balance sheet. By analyzing crucial financial metrics such as the Debt-to-Equity ratio and Liquidity ratio, investors can make informed judgments about the company's financial stability, growth potential, and viability. These insights assist investors in formulating their investment strategies.

Solar Industries India Ltd. Annual Report Analysis

Solar Industries India Ltd.'s annual reports provide a comprehensive overview of the company's performance and growth potential. At our platform, we provide downloadable PDF files of Solar Industries India Ltd.'s annual reports, complemented by expert reviews and analysis. These reports offer valuable insights into the company's business strategy, competitive landscape, and management outlook. Combined with our pre-built screening tools, investors can gain a deep understanding of Solar Industries India Ltd.'s growth potential and other factors that impact its stock price.

Solar Industries India Ltd. Dividend Analysis

Assessing a company's dividend payments is equally crucial for long-term investors. Our stock analysis page provides easy access to Solar Industries India Ltd.'s dividend history. By analyzing the company's profitability and growth potential, investors can calculate essential dividend metrics such as the payout ratio and dividend yield. These metrics offer insights into the company's approach to distributing profits to shareholders, helping investors make informed decisions about their investment in Solar Industries India Ltd.

Solar Industries India Ltd. Quarterly Results Review

Understanding a company's short-term performance is essential for long-term investors. At our platform, we provide downloadable PDF files of Solar Industries India Ltd.'s quarterly results, allowing investors to evaluate the company's recent performance and identify trends. This information, combined with our pre-built screening tools, enables investors to make informed decisions about buying or selling Solar Industries India Ltd.'s stock based on its quarterly financial performance.

Solar Industries India Ltd. Stock Price Trends

Being aware of stock price trends is crucial for long-term investors to gain insights into a company's growth potential and viability. Our pre-built screening tools enable investors to track Solar Industries India Ltd.'s stock price trends, helping them identify both short-term and long-term patterns. By analyzing these trends, investors can adjust their investment strategies and make informed decisions about Solar Industries India Ltd.'s stock.

Solar Industries India Ltd. Price Chart Analysis

Technical analysis is another tool that long-term investors can utilize to understand Solar Industries India Ltd.'s stock. At our platform, we provide dynamic price charts that display historical price movements, technical indicators, and patterns. These charts help investors identify potential entry and exit points, support and resistance levels, and trend reversals. By leveraging these insights, investors can make informed investment decisions based on Solar Industries India Ltd.'s price chart analysis.

Solar Industries India Ltd. News Updates

Staying updated on the latest developments and news regarding Solar Industries India Ltd. is essential for long-term investors. Our website provides comprehensive and timely information about the company sourced from reliable news channels. By studying these articles and news updates, investors can gain insights into Solar Industries India Ltd.'s trends, market position, and future outlook. This information assists investors in making informed decisions about their long-term investments in Solar Industries India Ltd.'s stock.

Solar Industries India Ltd. Conference Calls

Solar Industries India Ltd.'s conference calls offer valuable insights into the company's operations, financial performance, and future plans. Our platform provides a searchable collection of Solar Industries India Ltd.'s conference calls and their recordings. Listening to these calls enables investors to gain a deeper understanding of the company's growth potential, strategies, and market outlook. This information empowers investors to make well-informed decisions about their long-term investments in Solar Industries India Ltd.'s stock.

Solar Industries India Ltd. Transcripts

Transcripts of conference calls provide a comprehensive record of important discussions and insights. At our website, we offer downloadable transcripts that capture in-depth analyses of Solar Industries India Ltd.'s operating results, financial performance, future plans, and market trends. Reviewing these transcripts offers valuable insights into the company's strategies, financial position, and long-term potential. This information empowers investors to make informed decisions about their long-term investments in Solar Industries India Ltd.'s stock.

Solar Industries India Ltd. Investor Presentations

Solar Industries India Ltd.'s investor presentations offer detailed information about the company's financial performance, strategic initiatives, and future plans. Our platform provides access to these investor presentations, enabling investors to gain insights beyond the numbers. In addition, we offer premium features such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont Analysis. By utilizing these tools and studying the investor presentations, investors can conduct comprehensive stock analysis and make well-informed decisions.

Solar Industries India Ltd. Promoters and Shareholders

Assessing the ownership structure of Solar Industries India Ltd. provides insights into the company's strength, growth potential, and long-term viability. Our pre-built screening tools enable investors to assess promoter holdings and analyze the company's shareholder base. Understanding the stability and growth potential of the company's ownership structure is critical for making well-informed investment decisions. Our platform provides the necessary tools to analyze Solar Industries India Ltd.'s promoters and shareholders.

Solar Industries India Limited ROCE

ROCE stands for Return on Capital Employed. It is an important financial ratio used in measuring the profitability and efficiency of a company's capital investments. This ratio determines the ability of a company to generate profit from the capital employed. You can find the ROCE of Solar Industries India Limited on our stock analysis page in the financials table or ratio section.

Solar Industries India Limited EBITDA

EBITDA or Earnings before Interest, Taxes, Depreciation, and Amortization is a measure of company performance. EBITDA takes into account a company's profitability before the impacts of various accounting and financing decisions. You can access the EBITDA of Solar Industries India Limited on our stock analysis page in the financials table or ratio section.

Solar Industries India Limited DPS

DPS refers to Dividends per Share. This ratio calculates the amount of dividends a company pays out for each share. Dividends are the portion of a company's earnings that are distributed to shareholders as a return. You can easily find the DPS of Solar Industries India Limited on our stock analysis page in the financials table or ratio section.

Solar Industries India Limited EPS

EPS or Earnings per Share is a financial ratio that measures a company's profitability per share. It is calculated by dividing a company's net income by the total number of outstanding shares. The EPS ratio shows how much profit the shareholders of a company are earning on a per-share basis. You can find the EPS of Solar Industries India Limited on our stock analysis page in the financials table or ratio section.

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