Solar Industries India (SOLARINDS) Share Price
NSE · Basic Materials · Specialty Chemicals · ISIN INE343H01029
Key metrics
- Market Cap
- ₹1.81 L Cr
- P/E Ratio
- 90.77
- EPS
- 220.06
- Book Value
- 723.71
- P/B Ratio
- 27.6
- ROE
- 25.62%
- ROCE
- 28.67%
- Debt / Equity
- 0.28
- Net Margin
- 17.45%
- Revenue Growth
- 30.59%
- Profit Growth
- 38.7%
- Dividend Yield
- 0.06%
- 52W High
- ₹22,700.00
- 52W Low
- ₹11,646.00
- Market Cap Band
- large cap
- Face Value
- 2
Ratios computed from the annual results period ending 2026-03-31.
About Solar Industries India Limited
Solar Industries India Limited, together with its subsidiaries, manufactures and sells industrial explosives, explosive initiating devices, and high energy materials for mining and defense applications in India and internationally. The company offers industrial explosives comprising bulk, packaged, non-permitted, permitted, and seismic explosives; initiating systems; electronic, non-electric, and plain detonators; cord relays; cast boosters; detonating cords; and aluminum elemented det products. It also provides defense products consisting of high energy materials, such as HMX, RDX, TNT, and their compounds; composite, single base, double base, and triple base propellants; complete integration of rockets; ammunitions, including multi-mode hand grenades, mines, bombs, warheads, and bund blasting devices; drones and UAVs; pyros and ignitors; propellants for space applications; missiles; and unmanned systems and advanced defense technologies. The company serves the Coal India Limited (CIL), non-CIL and institutional, housing and infrastructure, and defense industries. It exports its products to approximately 90 countries. 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 incorporated in 1995 and is based in Nagpur, India.
- Headquarters
- Nagpur, India
- Employees
- 2,351
- Promoter Holding
- 43.92%
Solar Industries India and the Specialty Chemicals industry
Solar Industries India is one of 194 listed companies in the Specialty Chemicals industry. At a P/E of 90.8, it trades above the industry median of 23.3.
All Specialty Chemicals stocks →Basic Materials sector stocks →
Related companies
- Asian PaintsASIANPAINT · ₹2,330.70₹2.24 L Cr
- Pidilite IndustriesPIDILITIND · ₹1,482.60₹1.53 L Cr
- Berger Paints IndiaBERGEPAINT · ₹470.00₹55,502 Cr
- Linde IndiaLINDEINDIA · ₹6,003.50₹52,876 Cr
- Gujarat FluorochemicalsFLUOROCHEM · ₹4,454.10₹48,114 Cr
- Himadri Speciality ChemicalHSCL · ₹605.85₹33,347 Cr
- Acutaas ChemicalsACUTAAS · ₹3,253.40₹26,199 Cr
- Aether IndustriesAETHER · ₹1,521.40₹20,291 Cr
Solar Industries India: key questions
What does Solar Industries India do?
Solar Industries India Limited, together with its subsidiaries, manufactures and sells industrial explosives, explosive initiating devices, and high energy materials for mining and defense applications in India and internationally.
What is the share price of Solar Industries India?
Solar Industries India (SOLARINDS) last traded at ₹19,803.00 on the NSE, down 1.0% on the day. Over the past 52 weeks it has traded between ₹11,646.00 and ₹22,700.00. The current price is 12.8% below its 52-week high.
What is the market cap of Solar Industries India?
Solar Industries India has a market capitalisation of ₹1.81 L Cr, which makes it a large-cap company. It is the 2nd largest of 194 listed companies in the Specialty Chemicals industry by market capitalisation.
What is the P/E ratio of Solar Industries India?
Solar Industries India trades at a price-to-earnings (P/E) ratio of 90.8. The median P/E across profitable companies in the Specialty Chemicals industry is 23.3.
What are Solar Industries India's ROE and ROCE?
For the financial year ended March 2026, Solar Industries India reported a return on equity (ROE) of 25.6%, a return on capital employed (ROCE) of 28.7% and a net profit margin of 17.4%.
How fast is Solar Industries India growing?
In the financial year ended March 2026, Solar Industries India's revenue grew 30.6% and net profit grew 38.7% compared with the previous year.
Does Solar Industries India have debt?
Solar Industries India has a debt-to-equity ratio of 0.28, meaning borrowings are about 28% of shareholders' equity.
Does Solar Industries India pay a dividend?
Solar Industries India has a dividend yield of 0.06% at the current share price.
What is the promoter holding in Solar Industries India?
Promoters hold 43.9% of Solar Industries India. Institutional investors hold 45.2%.
Which companies are similar to Solar Industries India?
Listed companies close to Solar Industries India in size within the Specialty Chemicals industry include Asian Paints, Pidilite Industries, Berger Paints India, Linde India, Gujarat Fluorochemicals and Himadri Speciality Chemical.
Figures are for information only and are not investment advice.
The full Solar Industries India analysis
Create a free account to open the complete SOLARINDS deep-dive — fourteen tabs of fundamental, technical, institutional and ownership data.
- 10-year financialsIncome statement, balance sheet and cash flow, year by year.
- Valuation & fair valueFair-value estimates, quality scores and a value grade.
- Charts & technicalsCandlestick charts, RSI, MACD, Supertrend and detected patterns.
- Shareholding historyPromoter, FII, DII and public holdings across every quarter.
- Ace investor holdingsWhich well-known investors hold it, and how their stake changed.
- Deals & insider tradesBulk and block deals, insider transactions and mutual-fund holdings.