Market closedLast updated 18 JUL 2026, 16:08 ISTData NSENot investment advice
Solar Industries India

Solar Industries India Share Price Today (SOLARINDS)

NSE: SOLARINDSBSE 532725ChemicalsExplosiveswww.solargroup.com
TechnicalsTV Chart
18,467.00
67.00+0.36%
Overall Score49/100
Day range18,251
₹18,467.00
18,590
52-week11,646
₹18,467.00
18,972
Above low+58.6%
Below high2.7%
Range position93%
Open18,410.00
Prev Close18,400.00
Bid18,466.08100
Ask18,467.92100

TODAY IN ONE LINE

SOLARINDS edged up 0.4% on average volume, in line with Nifty's 1.1% move, supported by recent strong earnings.

With a market cap of ₹1.67 L Cr., it trades at a P/E of 99.25. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume96.6K41%vs 20D avg
Market Cap₹1.67 L Cr.
Promoter73.15%
Face Value₹2
Fwd P/E55.36
PEG3.31
EV/EBITDA42.61
P/S15.99
ROA15.45%
Beta0.98
Div Payout5.4%
THE STOCK SCORE

How good is this company?

Overall performance across 5 key dimensions.

Overall Score49/100
Updated 17 Jul
Each card tappable → shows formula + inputs
FLAGS

Solar Industries India flags 

Key strengths and potential risks.

9 green flags🚩 2 red flags

Green Flags

  • Earnings GrowthEPS (TTM) grew by a solid 70.0% YoY
  • Quarterly OutperformanceLatest quarter Sales up 40.9% and Profit up 70.0%
  • High Capital EfficiencyROCE of 36.8% indicating pricing power
  • Strong Return on EquityHealthy ROE of 31.5%
  • Healthy Operating MarginsOPM is structurally strong at 26.6%
  • High Promoter HoldingPromoters hold 73.2% skin-in-the-game
  • Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
  • Positive Free Cash FlowFCF has been positive for 3 consecutive years
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • Expensive ValuationTrading at a high P/E ratio of 100.3x
  • Rising Receivables vs SalesReceivables grew 45.4% outpacing sales growth of 24.2%
THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

09 NOV 2026
insider
Insider P: Sohan Devi Nand Lal ... Bought 2,64,51,193 shares
09 NOV 2026
insider
Insider S: Shri Kailash Chandra... Bought 2,08,82,963 shares
09 NOV 2026
insider
Insider S: Smt. Indira Kailashc... Bought 55,68,230 shares
09 NOV 2026
insider
Insider P: Sohan Devi Nand Lal ... Bought 2,64,51,193 shares
09 NOV 2026
insider
Insider S: Shri Kailash Chandra... Bought 2,08,82,963 shares
09 NOV 2026
insider
Insider S: Smt. Indira Kailashc... Bought 55,68,230 shares
09 NOV 2026
insider
Insider S: Smt. Indira Kailashc... Bought 55,68,230 shares
09 NOV 2026
insider
Insider P: Sohan Devi Nand Lal ... Bought 2,64,51,193 shares
09 NOV 2026
insider
Insider S: Shri Kailash Chandra... Bought 2,08,82,963 shares
🔒Prime: full history + alerts on this stock
Valuation

Solar Industries India Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Solar Industries India Limited, framed against the sector median so the premium or discount is obvious at a glance.

Solar Industries India Limited trades at a P/E of 99.25× and P/B of 26.52×, against the Chemicals sector median P/E of 48.58×.

Key MetricsMarket + reported · 17 Jul 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹1.67 L Cr.
P/E Ratio
99.25
P/B Ratio
26.52
EPS
₹185.1
Profitability

Profitability

ROE
31.5%
ROCE
36.8%
Net Margin
17.05%
Op Margin
26.6%
Growth

Growth

EPS YoY
70%
Revenue YoY
40.9%
Qtr Sales
40.9%
Qtr Profit
70%
Financial Health

Financial Health

Debt / Equity
0.24
Book Value
₹693.71
Div Yield
0.06%
Promoter Holding
73.15%
Technicals

Solar Industries India Limited technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Solar Industries India Limited — derived from the live tape, not yesterday's close.

Solar Industries India Limited last traded at ₹18,467 with an intraday range of ₹18,251–₹18,590 — live indicator, pivot and CPR signals below.

Last updated: 16:08:00 IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹18467.00
LevelPrice (₹)Distance% Δ
R419299.00+832.00+4.51%
R318960.00+493.00+2.67%
R218775.00+308.00+1.67%
R118621.00+154.00+0.83%
PIVOT18436.00-31.00-0.17%
CURRENT18467.00
S118282.00-185.00-1.00%
S218097.00-370.00-2.00%
S317943.00-524.00-2.84%
S417604.00-863.00-4.67%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 18420.50P: 18436.00TC: 18451.50
R1
R2
R3
R4
indicator
LTP: 18467.00
PDH: 18625.00
PDL: 18122.00
● Market Sentiment

SOLARINDS is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Average

● Opening Range

Day's range: 1828018498

● Price Position

Trading Inside opening range

Financials

Solar Industries India Limited financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for Solar Industries India Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.

Solar Industries India Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹1.67 L Cr. and reported EPS of ₹185.10.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2025Mar 2026
Revenue from Operations7,540
9,838
30.5%
Sales Growth YoY %Derived24.23%
30.47%
Other Income71
128
80.7%
Total Income7,611
9,966
30.9%
3,907
4,894
25.2%
Gross ProfitDerived3,633
4,944
36.1%
Gross Margin %Derived48.18%
50.26%
1,673
2,322
38.8%
EBITDA (Operating Profit)Derived1,960
2,622
33.7%
OPM %Derived26.00%
26.65%
298
385
29.1%
Profit Before Tax (PBT)1,733
2,365
36.5%
451
629
39.4%
Effective Tax %Derived26.01%
26.58%
Total Profit for Period1,288
1,737
34.8%
Less: Non-controlling Interests78
59
24.7%
Net Profit (Owner's PAT)Derived1,209
1,678
38.7%
Net Profit Margin %Derived16.04%
17.05%
PAT Growth YoY %Derived38.19%
38.70%
Earnings Per Share (EPS ₹)133.65
185.39
38.7%
Diluted Shares Outstanding (Cr)9
9
0.0%
Share of Profit from Associates/JVs6
0
95.1%
Other Comprehensive Income (Net of Tax)-65
301
563.1%
Total Expenses (incl. D&A & Interest)5,878
7,601
29.3%
Material Cost % of RevenueDerived44.76%
45.77%
Employee Cost % of RevenueDerived7.96%
8.59%
Other Cost % of RevenueDerived14.22%
15.02%
Interest Coverage (x)Derived15.27x
17.70x
Sales CAGR · 3Y
+12.4%
Sales CAGR · 5Y
+31.4%
PAT CAGR · 3Y
+30.4%
PAT CAGR · 5Y
+43.4%
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

Solar Industries India segment analysis : revenue and profit mix.

Disclosed business segments at Solar Industries India with their share of revenue and profit, switchable between consolidated and standalone reporting.

Solar Industries India discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for Solar Industries India Limited.

Our AI distills the core fundamental drivers supporting Solar Industries India Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

Solar Industries India Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Latest quarterly EPS grew 70% YoY, reflecting accelerating earnings momentum.

  • Robust ROE 31.50% and ROCE 36.80% demonstrate highly efficient capital deployment.

  • Operating margin 26.60% substantially exceeds industry peers, driving profitability.

  • Low debt-to-equity ratio 0.0024 supports strong balance sheet and financial flexibility.

  • Promoter holding 73.15% signals strong management commitment and long-term vision.

bear case

Key Risks.

  • P/E ratio 100.33 indicates significant premium valuation relative to peers.

  • Dividend yield 0.06% extremely low, unattractive for income-focused investors.

  • Price-to-book 25.05 substantially elevated, limiting margin of safety.

  • EV/EBITDA 42.61x far exceeds peer median, suggesting overvaluation concerns.

  • 52-week price range ₹11,646–₹18,972 shows 62.8% drawdown risk from current levels.

flip conditions

Flip Conditions.

  • Valuation risk. a P/E above 129 (~2.7× the sector multiple of 48.6) would leave less room for earnings disappointment.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.

  • Return-quality risk. ROE below 27% would indicate weaker capital compounding.

Shareholding

Solar Industries India shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Solar Industries India — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualMar 2026

Promoters73.15%
DII12.90%
Public7.35%0.14%
FII6.60%0.14%

Ownership Distribution

Promoters
73.15%
Domestic Institutions
12.90%
Retail & Public
7.35%
Foreign Institutions
6.60%

Category Trends

Foreign Institutions Breakdown
Total Holding: 6.60%
Net Change: -0.14%
Category Total6.60%
Total Holding6.60%
Net Change-0.14%
Not Fully Disclosed

⚠️Partial Disclosure Notice

Individual institutions below total 0.00%, but category aggregate is 6.60%. Some institutions may not be disclosed by the company as per regulatory requirements.

Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod
Foreign Portfolio Investors Category I
0.00%
0.00%
0.00%
Mar 2026
FidelityEmerging Markets Fund
0.00%
0.00%
0.00%
Mar 2026
Fidelity Emerging Markets Fund
0.00%
0.00%
0.00%
Mar 2026
Peers

Solar Industries India Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Solar Industries India Limited is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Solar Industries India Limited
₹1.67 Lakh Cr
Best Profit Growth
GOCL Corporation Limited
118.00 %
Highest Dividend Yield
GOCL Corporation Limited
2.44 %
09 · Chart Patterns

Solar Industries India Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Solar Industries India Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

  1. 1Pick how to scan. Detection sets sensitivity — Daily (standard) → Weekly (big swings). History sets how far back to look.
  2. 2Read the summary. The tiles at the top give the current read: net bias, the strongest pattern, and the one nearest to triggering.
  3. 3Scan the list. Use the Actionable, Watchlist, and History tabs to browse patterns. Click a pattern card to focus it.
  4. 4Inspect on the chart. Focusing draws the pattern’s pivots plus its break (blue), target (amber) and invalidation lines.
  5. 5Filter to what matters. Use the status controls (Confirmed, Forming, Invalidated) to hide noise and find exactly what you are looking for.
Detection
History
Click a pattern card to draw the pattern shape on the candles — labeled pivots (Head, Shoulders, Bottoms), neckline, breakout point, projection and invalidation. Click again to clear.
0 patterns
Historical accuracy
0 of 0 confirmed patterns reached projection
Avg move when projection reached
measured from break level
Avg sessions to projection
after confirmation
Best pattern on SOLARINDS
needs ≥3 completions

Pattern history — every completed pattern and its outcome

No completed patterns yet.
View full SOLARINDS pattern history & scanner →
Delivery Conviction

Solar Industries India Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Solar Industries India Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Solar Industries India Limited stood at 28.0% of traded volume, against a 20-day average of 35.9%.

Avg Delivery (20D)35.9%-7.9 ppt latest vs avg
Highest Delivery61.5%on 29 Jun
Avg Volume (20D)1.63 L20-day run-rate
Conviction Trend↓ Weakening-7.9 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

Solar Industries India announcements: results, concalls, ratings, M&A.

Filings Solar Industries India sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Solar Industries India files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 143 documents below.

  1. 09 Jul 2026General UpdatesView PDF

    General Updates

    Solar Industries India Limited has informed the Exchange about incorporation

  2. 09 Jul 2026Certificate under SEBI (Depositories and Participants) Regulations, 2018View PDF

    Certificate under SEBI (Depositories and Participants) Regulations, 2018

    Solar Industries India Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018.

  3. 30 Jun 2026Trading WindowView PDF

    Trading Window

    Solar Industries India Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading)…

  4. 29 Jun 2026Record DateView PDF

    Record Date

    Solar Industries India Limited has informed the Exchange that Record date for the purpose of Dividend is 28-Jul-2026.

  5. 02 Jun 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Solar Industries India Limited has informed the Exchange about Intimation of participating in the India Investment Forum 2026.

Corporate Actions

Solar Industries India dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Solar Industries India has declared, sequenced by announce and record date.

Solar Industries India corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

Insider Activity

Solar Industries India insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in Solar Industries India as reported to SEBI — buying and selling signals from the people who know the business best.

Solar Industries India insider activity below tracks 9 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

Last 30D: 9 BUYs · 0 SELLs · Net +₹31.74 Cr.

InsiderCategoryTxn DateActionQuantityValue (₹)Price
Sohan Devi Nand Lal Nuwal Family TrustInsider09 Nov 2026buy+2.65 Cr₹5.29 Cr.₹2.00
Shri Kailash Chandra NuwalInsider09 Nov 2026buy+2.09 Cr₹4.18 Cr.₹2.00
Smt. Indira Kailashchandra NuwalInsider09 Nov 2026buy+55.68 L₹1.11 Cr.₹2.00
Sohan Devi Nand Lal Nuwal Family TrustInsider09 Nov 2026buy+2.65 Cr₹5.29 Cr.₹2.00
Shri Kailash Chandra NuwalInsider09 Nov 2026buy+2.09 Cr₹4.18 Cr.₹2.00
Smt. Indira Kailashchandra NuwalInsider09 Nov 2026buy+55.68 L₹1.11 Cr.₹2.00
Smt. Indira Kailashchandra NuwalInsider09 Nov 2026buy+55.68 L₹1.11 Cr.₹2.00
Sohan Devi Nand Lal Nuwal Family TrustInsider09 Nov 2026buy+2.65 Cr₹5.29 Cr.₹2.00
Shri Kailash Chandra NuwalInsider09 Nov 2026buy+2.09 Cr₹4.18 Cr.₹2.00
About the Company

About Solar Industries India Limited: business, sector, key facts.

What Solar Industries India Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Solar Industries India Limited operates in the Explosives industry under the Chemicals sector, listed as NSE: SOLARINDS, BSE: 532725.

SOLARINDS
Chemicals

Solar Industries India Limited

NSE · SOLARINDS·BSE · 532725·www.solargroup.com

Solar Industries India Limited (SIIL) is a leading manufacturer and supplier of industrial explosives and explosive initiating devices, operating both domestically within India and internationally. Their core business centers around providing a comprehensive range of products essential for various industries demanding high-powered explosives.

SIIL's industrial explosives portfolio includes bulk and packaged explosives catering to a diverse clientele. These explosives find applications across numerous sectors, including mining operations, infrastructure development projects, and construction endeavors. The company meticulously ensures the quality and safety of its explosives, adhering to stringent industry regulations and safety protocols.

Beyond industrial explosives, SIIL produces a wide array of initiating systems crucial for controlled detonation. This includes a variety of detonators – electronic, electric, non-electric, and plain – alongside complementary products such as cord relays, cast boosters, detonating cords, and aluminum elemented det products. These initiating systems are designed to maximize safety and efficiency during explosive operations.

Significantly, SIIL has expanded its operations into the defense sector, manufacturing a substantial range of defense products. This segment includes the production of unmanned aerial systems (UAS) and drones, various types of ammunition, military-grade explosives, bombs and warheads, rockets, and even drones equipped with guided missiles. Further bolstering their defense capabilities, SIIL provides counter-drone systems and a variety of pyrotechnic devices, encompassing fuzes, detonators, ignitors, decoys, flares, and riot control devices.

In summary, Solar Industries India Limited's business encompasses a multifaceted approach, combining expertise in industrial explosives with a significant presence in the defense sector. This dual focus allows them to serve a broad spectrum of clients, ranging from mining companies and construction firms to government defense agencies and space exploration initiatives. Their comprehensive product portfolio and commitment to safety and quality have solidified their position as a key player in their respective markets.

company facts
Employees
SectorChemicals
HeadquartersNagpur, India
Market Cap₹1.67 L Cr.
Listed OnNSE
leadership21 on record
Mr. Dinesh Batra
Additional Non-Executive Independent Director
Mr. Manish Satyanarayan Nuwal
CEO, MD & Executive Director
Mr. Manoj Kumar Lalwani
Senior General Manager – Sales & Marketing
Mr. Milind Deshmukh
Executive Director
Mr. Moneesh Agrawal
Joint Chief Financial Officer
Mr. Sanjay Singh
Senior General Manager of Safety
Mr. Shailendra Tiwari
Chief Information Officer - IT
Mr. Suresh Menon
Whole Time Director
Ms. Aanchal Kewlani
Senior Finance Manager & Investor Relations
Ms. Khushboo Anish Pasari
Compliance Officer & Company Secretary
Ms. Khushboo Pasari
Chief Compliance Officer, Company Secretary
Ms. Shalinee Mandhana
Joint Chief Financial Officer
§ ∞ · Plainly Answered

Questions investors ask about Solar Industries India Limited (SOLARINDS).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Solar Industries India Limited (SOLARINDS)?

The current share price of Solar Industries India Limited (SOLARINDS) is ₹18,467. Today, the stock has gained by ₹67.00 (0.36%), trading in a range of ₹18,251 to ₹18,590. The stock opened at ₹18,410 with a trading volume of 96,644 shares.

02Is Solar Industries India Limited stock a good investment for long-term?

Solar Industries India Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹1,67,225.62 crores, P/E ratio of 99.25, ROE of 31.50%, and ROCE of 36.80%. The dividend yield stands at 0.06%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Solar Industries India Limited stock?

The 52-week high price of Solar Industries India Limited (SOLARINDS) is ₹18,972, while the 52-week low is ₹11,646. Currently trading at ₹18,467, the stock is 93.1% away from its 52-week low and 2.7% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Solar Industries India Limited stock at the current price?

Whether to buy Solar Industries India Limited stock at ₹18,467 depends on multiple factors. The stock is currently trading with a P/E ratio of 99.25 and P/B ratio of 26.52. Today's performance shows a gain of 0.36%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Solar Industries India Limited and when is the next dividend?

Solar Industries India Limited offers a dividend yield of 0.06%, which means for every ₹100 invested at the current price of ₹18,467, you can expect to receive approximately ₹0.06 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Solar Industries India Limited?

Solar Industries India Limited's key financial metrics include: P/E Ratio: 99.25, P/B Ratio: 26.52, ROE: 31.50%, ROCE: 36.80%, Dividend Yield: 0.06%, EPS: ₹185.10, Book Value: ₹693.71, and Debt-to-Equity: 0.24. The company's market cap stands at ₹1,67,225.62 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Solar Industries India Limited stock performing today in the market?

Solar Industries India Limited stock opened at ₹18,410 and is currently trading at ₹18,467, showing a gain of ₹67.00 (0.36%). The intraday high is ₹18,590 and low is ₹18,251. The trading volume stands at 96,644 shares, indicating moderate market participation today.

08What is the P/E ratio of Solar Industries India Limited and what does it indicate?

Solar Industries India Limited has a Price-to-Earnings (P/E) ratio of 99.25, which means investors are willing to pay ₹99.25 for every ₹1 of earnings. With an EPS of ₹185.10, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Solar Industries India Limited (SOLARINDS) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.