SOLARINDS

Solar Industries India Share PriceSolar Industries India

₹6,605.2
306.65 (4.87%)
As on 12 December, 2023 | 03:37 BSE: 532725 NSE: SOLARINDSISIN: INE343H01029

Solar Industries India Performance

Day Range

  • Low 6,221.00
  • High 6,650.00
₹ 6,605.2

52 Week Range

  • Low 3,453.35
  • High 7,832.90
₹ 6,605.2
  • Open Price6,349.25
  • Previous Close6,298.55
  • Volume87251

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Solar Industries India Share Price

  • Over 1 Month 8.2%
  • Over 3 Month 41.35%
  • Over 6 Month 70.06%
  • Over 1 Year 63.8%

Solar Industries India Key Statistics

P/E Ratio 74
PEG Ratio 2.4
Market Cap Cr 59,771
Price to Book Ratio 21.7
EPS 49
Dividend 0.1
Relative Strength Index 59.47
Money Flow Index 21.71
MACD Signal 201.15
Average True Range 295.08

Solar Industries India Investment Rating

  • Master Rating:
  • Solar Industries Ida. has an operating revenue of Rs. 6,769.96 Cr. on a trailing 12-month basis. An annual revenue growth of 75% is outstanding, Pre-tax margin of 16% is great, ROE of 29% is exceptional. The company has a reasonable debt to equity of 18%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 9% and 42% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 87 which is a GOOD score indicating consistency in earnings, a RS Rating of 78 which is FAIR indicating the recent price performance, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 148 indicates it belongs to a poor industry group of Chemicals-Specialty and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Solar Industries India Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 8309831,2531,059862988916
Operating Expenses Qtr Cr 6317901,016903733882773
Operating Profit Qtr Cr 199193238155129106144
Depreciation Qtr Cr 16151514141415
Interest Qtr Cr 68129433
Tax Qtr Cr 50475639322838
Net Profit Qtr Cr 1411371581169280102
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 4,2182,565
Operating Expenses Annual Cr 3,5332,153
Operating Profit Annual in Cr 629375
Depreciation Cr 5749
Interest Annual Cr 289
Tax Annual Cr 15592
Net Profit Annual Cr 445262
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 133294
Cash from Investing Activity Annual Cr -271-280
Cash from Financing Annual Activity Cr 173-36
Net Cash Flow Annual Cr 35-22
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,7671,366
Fixed Assets Annual Cr 858747
Total Non Current Assets Annual Cr 1,4931,257
Total Current Assets Annual Cr 1,277753
Total Assets Annual Cr 2,7692,009
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 195151
ROE Annual % 2519
ROCE Annual % 3023
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1616
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,3471,6821,9291,8121,5671,6161,317
Operating Expenses Qtr Cr 1,0111,3591,5711,4621,2681,3331,054
Operating Profit Qtr Cr 336323357350299283263
Depreciation Qtr Cr 34343532303130
Interest Qtr Cr 25253125191415
Tax Qtr Cr 76718180656444
Net Profit Qtr Cr 200197206205176170168
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 6,9543,967
Operating Expenses Annual Cr 5,6342,667
Operating Profit Annual in Cr 1,2891,280
Depreciation Cr 128583
Interest Annual Cr 90109
Tax Annual Cr 290152
Net Profit Annual Cr 757441
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 656298
Cash from Investing Activity Annual Cr -519-303
Cash from Financing Annual Activity Cr 118-45
Net Cash Flow Annual Cr 256-51
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 2,6101,914
Fixed Assets Annual Cr 1,9731,713
Total Non Current Assets Annual Cr 2,5352,060
Total Current Assets Annual Cr 2,5011,664
Total Assets Annual Cr 5,0363,724
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 304223
ROE Annual % 2923
ROCE Annual % 3527
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1933

Solar Industries India Technicals

EMA & SMA

Current Price
₹6,605.2
306.65 (4.87%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹6,311.30
  • 50 Day
  • ₹5,868.95
  • 100 Day
  • ₹5,305.91
  • 200 Day
  • ₹4,718.29
  • 20 Day
  • ₹6,520.97
  • 50 Day
  • ₹5,803.63
  • 100 Day
  • ₹5,052.52
  • 200 Day
  • ₹4,423.20

Solar Industries India Resistance and Support

PIVOT
₹6,492.07
Resistance
First Resistance 6,763.13
Second Resistance 6,921.07
Third Resistance 7,192.13
RSI 59.47
MFI 21.71
MACD Single Line 201.15
MACD 132.96
Support
First Resistance 6,334.13
Second Resistance 6,063.07
Third Resistance 5,905.13

Solar Industries India Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 89,433 4,869,627 54.45
Week 118,031 7,791,240 66.01
1 Month 219,289 11,622,338 53
6 Month 97,801 5,231,379 53.49

Solar Industries India Result Highlights

Solar Industries India Synopsis

NSE-Chemicals-Specialty

Solar Industries Ind is involved in the business activities of Manufacture of explosives, ammunition and fire works. Company’s Total Operating Revenue is Rs. 4162.25 Cr. and Equity Capital is Rs. 18.10 Cr. for the Year ended 31/03/2023. Solar Industries India Ltd. is a Public Limited Listed company incorporated on 24/02/1995 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L74999MH1995PLC085878 and registration number is 085878.
Market Cap 59,770
Sales 4,126
Shares in Float 2.44
No of funds 166
Yield 0.12
Book Value 33.82
U/D Vol ratio 1
LTDebt / Equity 10
Alpha 0.21
Beta 0.37

Solar Industries India

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 73.15%73.15%73.15%73.15%
Mutual Funds 14.9%14.67%13.99%14.1%
Insurance Companies 0.02%0.03%0.02%0.02%
Foreign Portfolio Investors 5.89%5.79%6.63%6.72%
Financial Institutions/ Banks
Individual Investors 4.28%4.53%4.43%4.23%
Others 1.76%1.83%1.78%1.78%

Solar Industries India Management

Name Designation
Mr. Satyanarayan Nuwal Chairman & Non-Exe.Director
Mr. Manish Satyanarayan Nuwal Managing Director & CEO
Mr. Suresh Menon Executive Director
Mr. Milind Deshmukh Executive Director
Mr. Amrendra Verma Ind. Non-Executive Director
Mr. Jagdish Chandra Belwal Ind. Non-Executive Director
Mrs. Sujitha Karnad Ind. Non-Executive Director
Mr. Natrajan Ramkrishna Ind. Non-Executive Director

Solar Industries India Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Solar Industries India Corporate Action

Date Purpose Remarks
2023-11-02 Quarterly Results
2023-08-03 Quarterly Results
2023-05-03 Audited Results & Final Dividend
2023-01-25 Quarterly Results
2022-11-04 Quarterly Results & Others

Solar Industries India MF Shareholding

Name Amount(cr)
SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl 59,302
HDFC Mid-Cap Opportunities Fund Growth 47,846
Kotak Flexicap Fund Growth 39,269
Kotak Emerging Equity Scheme Growth 33,700
SBI Focused Equity Fund Growth 29,317

Solar Industries India FAQs

What is Share Price of Solar Industries India ?

Solar Industries India share price is ₹6,605 As on 12 December, 2023 | 03:23

What is the Market Cap of Solar Industries India ?

The Market Cap of Solar Industries India is ₹59770.5 Cr As on 12 December, 2023 | 03:23

What is the P/E ratio of Solar Industries India ?

The P/E ratio of Solar Industries India is 74 As on 12 December, 2023 | 03:23

What is the PB ratio of Solar Industries India ?

The PB ratio of Solar Industries India is 21.7 As on 12 December, 2023 | 03:23

Q2FY23