Solar Industries India Limited Share Price and Company Fundamentals
Last traded: Last Friday at 10:00 AM
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 provides defense products, including unmanned aerial systems and drones, ammunitions, high energy materials, bombs and warheads, rockets and missiles, initiating systems and detonix, chaffs and flares, and mines devices. Its products are used in mining, infrastructure, construction, defence, and the space sectors. The company was formerly known as Solar Explosives Limited and changed its name to Solar Industries India Limited in February 2009. The company was founded in 1983 and is based in Nagpur, India.
Key Metrics
PE ratio
88.53
PB ratio
25.22
Dividend yield
0.07%
Beta
-0.24
Market cap
₹1290.12B
Enterprise value
₹1296.37B
Company profile
| Industry / Sector | Specialty Chemicals / Basic Materials |
|---|---|
| Full time employees | 2403 |
| Website | https://www.solargroup.com |
| Mailing address | Solar House 14, Kachimet Amravati Road Nagpur 440023 India |
| Phone / Fax | 91 71 2663 4555 / 91 71 2663 4578 |
Dividends
Dividend yield
0.07%
Dividend amount
₹10.00
Payout ratio
6.23%
5Y Avg. yield
-%
Solar Industries India Limited paid ₹10.00 dividend and the ex-dividend date was 08 Jul 2025.The dividend payout ratio is 6.23%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.SOLARINDS dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
Company Executives
As of Mar 2026, following are the company executives and directors listed on Solar Industries India Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Manish Satyanarayan Nuwal | CEO, MD & Executive Director | 51 | |
| Mr. Moneesh Agrawal | Joint Chief Financial Officer | ||
| Ms. Shalinee Mandhana | Joint Chief Financial Officer | ||
| Ms. Khushboo Anish Pasari | Compliance Officer & Company Secretary | 40 | |
| Mr. Suresh Menon | Whole Time Director | 65 | |
| Mr. Milind Deshmukh | Executive Director | 60 | |
| Mr. Shailendra Tiwari | Chief Information Officer - IT | ||
| Ms. Aanchal Kewlani | Senior Finance Manager & Investor Relations | ||
| Mr. Manoj Kumar Lalwani | Senior General Manager Sales & Marketing | ||
| Mr. Sanjay Singh | Senior General Manager of Safety |
Profitability and management effectiveness
Profit margin
16.22%
Operating margin
25.32%
Return on assets
-
Return on equity
-
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Solar Industries India Limited is 1290.12B and its enterprise value is 1296.37B. The enterprise value to revenue ratio of SOLARINDS is 14.48. The enterprise value to EBITDA ratio of SOLARINDS is 57.17.
Solar Industries India Limited (NSE:SOLARINDS) Frequently Asked Questions
1. What is Solar Industries India Limited's Stock Symbol?
Solar Industries India Limited trades on NSE under the ticker symbol "SOLARINDS".
2. What is Solar Industries India Limited's stock price today?
One share of SOLARINDS stock can currently be purchased for approximately ₹14257.
3. How can I contact Solar Industries India Limited?
Solar Industries India Limited's mailing address is Solar House 14, Kachimet Amravati Road Nagpur 440023 India. The company can be reached via phone at 91 71 2663 4555.
4. What is Solar Industries India Limited's official website?
The official website of Solar Industries India Limited is https://www.solargroup.com.