Solar Industries India Limited Share Price and Company Fundamentals
Last traded: Yesterday at 9:44 AM
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.
Key Metrics
PE ratio
101.01
PB ratio
32.13
Dividend yield
0.05%
Beta
0.24
Market cap
₹2017.02B
Enterprise value
₹2030.17B
Company profile
| Industry / Sector | Specialty Chemicals / Basic Materials |
|---|---|
| Full time employees | 2351 |
| Website | https://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
0.05%
Dividend amount
₹11.00
Payout ratio
4.54%
5Y Avg. yield
-%
Solar Industries India Limited paid ₹11.00 dividend and the ex-dividend date was 28 Jul 2026.The dividend payout ratio is 4.54%. 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 Sep 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. Avinash Gupta | Chief Risk Officer |
Profitability and management effectiveness
Profit margin
17.54%
Operating margin
25.50%
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 2017.02B and its enterprise value is 2030.17B. The enterprise value to revenue ratio of SOLARINDS is 17.89. The enterprise value to EBITDA ratio of SOLARINDS is 65.78.
The SOLARINDS's stocks Beta value is 0.24 making it 76% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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 ₹22290.
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://solargroup.com.