Solar Industries India Share Price, Stock Analysis & Company Profile
Solar Industries India is one of India’s leading manufacturers of industrial explosives and explosive initiating systems, serving sectors such as mining, infrastructure, and defence. The company has built a strong domestic and international presence through its diversified product portfolio, technological capabilities, and expanding defence business.
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This page serves as a comprehensive resource for investors to track the Solar Industries India share price on the NSE and BSE, along with essential data required for a detailed stock analysis.
About Solar Industries India
Founded in 1995 and headquartered in Nagpur, Maharashtra, Solar Industries India has emerged as a major player in the industrial explosives and defence manufacturing space. The company initially focused on mining explosives but has steadily diversified into defence products, propellants, and ammunition systems.
Solar Industries supplies products to mining companies, infrastructure projects, and government defence organisations. Its expanding defence segment, along with exports to multiple countries, has strengthened revenue diversification and long-term growth visibility.
The company is known for its integrated manufacturing capabilities, strong distribution network, and continuous investment in research and development.
Solar Industries India Business Model
Solar Industries India operates through a diversified industrial and defence manufacturing business model:
- Industrial Explosives: The company manufactures bulk explosives, packaged explosives, and initiating systems used in mining, quarrying, and infrastructure projects. This remains the core revenue contributor.
- Defence Manufacturing: Solar Industries has expanded aggressively into defence production, including rockets, warheads, propellants, and ammunition systems for the Indian armed forces.
- International Operations: The company exports explosives and related products to several countries and operates manufacturing facilities in overseas markets, supporting global expansion.
- Research & Development: Solar Industries invests significantly in R&D for advanced explosives, defence technologies, and product innovation to improve operational efficiency and competitiveness.
- Mining & Infrastructure Demand: The company benefits from rising infrastructure spending, mining activity, and government initiatives focused on defence indigenisation and industrial growth.
Solar Industries India Listing and IPO Details
Solar Industries India is listed on major Indian stock exchanges and is widely tracked among chemicals, explosives, and defence-related stocks.
- NSE Symbol: SOLARINDS
- BSE Scrip Code: 532725
- Face Value: Rs 2 per share
- ISIN: INE343H01029
Sector Status:
Solar Industries India operates within the chemicals sector and is often analysed for its explosives business growth, defence order pipeline, and export expansion.
Interested in upcoming industrial and manufacturing IPOs along with new investment opportunities, review the latest IPO listings and details here.
Solar Industries India Corporate Action History
Solar Industries India has maintained a shareholder-friendly capital allocation strategy while continuing to invest in expansion and defence capabilities.
Stock Split History
The company has undertaken stock split actions in the past to improve stock liquidity and retail investor participation.
Dividend History
Solar Industries India has maintained consistent dividend payouts backed by strong earnings growth and healthy cash generation.
- FY 2023-24: Declared healthy dividend payouts supported by robust operational performance and strong order inflows.
- FY 2022-23: Continued dividend distribution while increasing investments in defence manufacturing and capacity expansion.
Note: Dividend decisions depend on profitability, cash flow generation, and future capital expenditure requirements.
Investor Resources Available on This Page
On this page, investors can access key financial and operational data for a structured Solar Industries India stock analysis:
- Price Chart: Track the latest trends and historical performance of the Solar Industries India share price.
- Company Ratios: Evaluate important metrics such as Return on Equity (ROE), EBITDA margins, earnings growth, and return ratios.
Want to compare Solar Industries India with other chemicals and defence-linked companies using key financial metrics, filter and analyse stocks using the advanced screener tool.
- Quarterly Results: Analyse revenue growth, operating margins, defence order execution, and profitability trends.
- Balance Sheet & Cash Flow: Review debt levels, cash flow generation, working capital efficiency, and capital expenditure plans.
- Shareholding Pattern: Track promoter holdings, institutional ownership, and changes in investor participation.
- Pros & Cons: Quick insights into strengths such as strong defence growth potential and export expansion versus risks like commodity cost volatility and regulatory dependency.
- Annual Reports: Download official annual reports and investor disclosures directly from the Reports Section on this page.
Build a deeper understanding of investing strategies and stock evaluation techniques, access curated investor resources and insights here.
Frequently Asked Questions
Q1. What is the latest Solar Industries India share price?
The current share price is displayed at the top of this page. Data from NSE and BSE may be delayed by up to 15 minutes.
Q2. What does Solar Industries India do?
Solar Industries India manufactures industrial explosives, detonators, propellants, and defence-related products for mining, infrastructure, and military applications.
Q3. Does Solar Industries India pay dividends?
Yes, the company has a consistent dividend payout history supported by stable earnings growth and cash generation.
Q4. What is the face value of Solar Industries India shares?
The face value of each equity share is Rs 2.
Q5. Is Solar Industries India a good long-term investment
Solar Industries India is often considered a growth-oriented industrial and defence stock due to its strong market position, expanding defence business, and export opportunities. However, investors should also evaluate risks related to regulation and raw material costs.
Q6. Where can I find the latest Solar Industries India Annual Report?
You can access the latest annual reports and financial disclosures from the Reports or Documents section available on this page.
Q7. Why is the defence segment important for Solar Industries India?
The defence segment provides high-growth opportunities, improves revenue diversification, and supports long-term order visibility through government defence manufacturing initiatives.