Solar Industries India Limited
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- ₹4487.8501
- Today's High:
- ₹4703
- Open Price:
- ₹4699
- 52W Low:
- ₹3275.249
- 52W High:
- ₹4999
- Prev. Close:
- ₹4669.7998
- Volume:
- 2574
Company Statistics
- Market Cap.:
- ₹443.31 billion
- Book Value:
- 288.467
- Revenue TTM:
- ₹69.89 billion
- Operating Margin TTM:
- 18.64%
- Gross Profit TTM:
- ₹25.28 billion
- Profit Margin:
- 11.22%
- Return on Assets TTM:
- 18.07%
- Return on Equity TTM:
- 34.04%
Company Profile
Solar Industries India Limited had its IPO on under the ticker symbol SOLARINDS.
The company operates in the Basic Materials sector and Specialty Chemicals industry. Solar Industries India Limited has a staff strength of 1,781 employees.
Stock update
Shares of Solar Industries India Limited opened at ₹4699 at the start of the last trading session i.e. 2023-09-13.
The stocks traded within a range of ₹4487.85 - ₹4703, and closed at ₹4523.15.
This is a -3.14% slip from the previous day's closing price.
A total volume of 2,574 shares were traded at the close of the day’s session.
In the last one week, shares of Solar Industries India Limited have slipped by -3.57%.
Solar Industries India Limited's Key Ratios
Solar Industries India Limited has a market cap of ₹443.31 billion, indicating a price to book ratio of 16.6977 and a price to sales ratio of 6.7649.
In the last 12-months Solar Industries India Limited’s revenue was ₹69.89 billion with a gross profit of ₹25.28 billion and an EBITDA of ₹14.23 billion. The EBITDA ratio measures Solar Industries India Limited's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Solar Industries India Limited’s operating margin was 18.64% while its return on assets stood at 18.07% with a return of equity of 34.04%.
In Q2, Solar Industries India Limited’s quarterly earnings growth was a positive 16% while revenue growth was a positive 4.1%.
Solar Industries India Limited’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 56.3781
- PEG
Its diluted EPS in the last 12-months stands at ₹86.86 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Solar Industries India Limited’s profitability.
Solar Industries India Limited stock is trading at a EV to sales ratio of 6.9454 and a EV to EBITDA ratio of 35.9298. Its price to sales ratio in the trailing 12-months stood at 6.7649.
Solar Industries India Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0.17% and a payout ratio of 9.23%.
Balance sheet and cash flow metrics
- Total Assets
- ₹50.36 billion
- Total Liabilities
- ₹16.32 billion
- Operating Cash Flow
- ₹0
- Capital Expenditure
- ₹0
- Dividend Payout Ratio
- 9.23%
Solar Industries India Limited ended 2024 with ₹50.36 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹50.36 billion while shareholder equity stood at ₹26.10 billion.
Solar Industries India Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹16.32 billion in other current liabilities, in common stock, ₹16.83 billion in retained earnings and ₹106.60 million in goodwill. Its cash balance stood at ₹2.45 billion and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹4.73 billion.
Solar Industries India Limited’s total current assets stands at ₹25.01 billion while long-term investments were ₹0 and short-term investments were ₹247.60 million. Its net receivables were ₹8.25 billion compared to accounts payable of ₹4.88 billion and inventory worth ₹10.98 billion.
In 2024, Solar Industries India Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.
Comparatively, Solar Industries India Limited paid ₹0.09 in dividends in 2024.
Other key metrics
- Current Trading Price
- ₹4523.15
- 52-Week High
- ₹4999
- 52-Week Low
- ₹3275.249
- Analyst Target Price
- ₹
Solar Industries India Limited stock is currently trading at ₹4523.15 per share. It touched a 52-week high of ₹4999 and a 52-week low of ₹4999. Analysts tracking the stock have a 12-month average target price of ₹.
Its 50-day moving average was ₹4109.67 and 200-day moving average was ₹3957.72 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 7315% of the company’s stock are held by insiders while 2019.4% are held by institutions.
Frequently Asked Questions About Solar Industries India Limited
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About
Solar Industries India Limited, together with its subsidiaries, engages in the manufacture and sale of industrial explosives and explosive initiating devices in India and internationally. It offers industrial explosives, such as bulk and packaged explosives; and initiating systems, including electronic, electric, non-electric, and plain detonators, as well as cord relays, cast boosters, detonating cords, and aluminum elemented det products. The company also provides defense products, including unmanned aerial systems and drones, ammunitions, military explosives, bombs and warheads, rockets, and drones armed with guided missiles, as well as counter drone systems and initiating systems and pyros comprising fuzes, detonators, ignitors, decoys and flares, and riot control devices. It primarily serves mining, defense, and infrastructure sectors. The company was formerly known as Solar Explosives Limited and changed its name to Solar Industries India Limited in February 2009. Solar Industries India Limited was founded in 1983 and is based in Nagpur, India.