SOLARINDS

Solar Industries India Share Price

₹10,792.35
+ 25.05 (0.23%)
18 September, 2024 02:44 BSE: 532725 NSE: SOLARINDS ISIN: INE343H01029

Start SIP in Solar Industries India

Start SIP

Solar Industries India Performance

Day Range

  • Low 10,717
  • High 10,915
₹ 10,792

52 Week Range

  • Low 4,540
  • High 13,298
₹ 10,792
  • Open Price10,837
  • Previous Close10,767
  • Volume46589

Solar Industries India Chart

  • Over 1 Month + 2.81%
  • Over 3 Month + 9.03%
  • Over 6 Month + 21.87%
  • Over 1 Year + 132.29%

Solar Industries India Key Statistics

P/E Ratio 105.6
PEG Ratio 5.9
Market Cap Cr
Price to Book Ratio 28.5
EPS 65.8
Dividend 0
Relative Strength Index 50.7
Money Flow Index 66.37
MACD Signal 91.63
Average True Range 366.58

Solar Industries India Investment Rating

  • Master Rating:
  • Solar Industries Ida. has an operating revenue of Rs. 6,082.09 Cr. on a trailing 12-month basis. An annual revenue de-growth of -12% needs improvement, Pre-tax margin of 19% is great, ROE of 25% 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 trading close to its 50DMA and comfortably placed above its 200DMA, around 29% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 19% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 91 which is a GREAT score indicating consistency in earnings, a RS Rating of 73 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 95 indicates it belongs to a poor industry group of Chemicals-Specialty and a Master Score of B is close to being the best. 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
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 1,0451,0029028309831,253
Operating Expenses Qtr Cr 7867517106317901,016
Operating Profit Qtr Cr 258250192199193238
Depreciation Qtr Cr 171616161515
Interest Qtr Cr 6886812
Tax Qtr Cr 676047504756
Net Profit Qtr Cr 194179138141137158
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 3,7764,218
Operating Expenses Annual Cr 2,8833,533
Operating Profit Annual in Cr 835629
Depreciation Cr 6357
Interest Annual Cr 3028
Tax Annual Cr 204155
Net Profit Annual Cr 596445
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 770133
Cash from Investing Activity Annual Cr -548-271
Cash from Financing Annual Activity Cr -217173
Net Cash Flow Annual Cr 535
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 2,3461,767
Fixed Assets Annual Cr 1,030858
Total Non Current Assets Annual Cr 1,8371,493
Total Current Assets Annual Cr 1,3981,277
Total Assets Annual Cr 3,2352,769
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 259195
ROE Annual % 2525
ROCE Annual % 3130
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2416
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 1,6951,6111,4291,3471,6821,929
Operating Expenses Qtr Cr 1,2451,2571,0731,0111,3591,571
Operating Profit Qtr Cr 449354356336323357
Depreciation Qtr Cr 403739343435
Interest Qtr Cr 273228252531
Tax Qtr Cr 1086377767181
Net Profit Qtr Cr 286235203200197206
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 6,1146,954
Operating Expenses Annual Cr 4,7005,634
Operating Profit Annual in Cr 1,3691,289
Depreciation Cr 143128
Interest Annual Cr 10990
Tax Annual Cr 286290
Net Profit Annual Cr 836757
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 1,406656
Cash from Investing Activity Annual Cr -726-519
Cash from Financing Annual Activity Cr -370118
Net Cash Flow Annual Cr 309256
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 3,3062,610
Fixed Assets Annual Cr 2,4881,973
Total Non Current Assets Annual Cr 3,0892,535
Total Current Assets Annual Cr 2,6482,501
Total Assets Annual Cr 5,7375,036
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 379304
ROE Annual % 2529
ROCE Annual % 3035
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2319

Solar Industries India Technicals

EMA & SMA

Current Price
₹10,792.35
+ 25.05 (0.23%)
pointer
  • Bullish Moving Average
  • ___
  • 9
  • Bearish Moving Average
  • ___
  • 7
  • 20 Day
  • ₹10,803.98
  • 50 Day
  • ₹10,617.60
  • 100 Day
  • ₹10,076.45
  • 200 Day
  • ₹8,911.18
  • 20 Day
  • ₹10,758.26
  • 50 Day
  • ₹10,847.41
  • 100 Day
  • ₹10,181.38
  • 200 Day
  • ₹8,726.88

Solar Industries India Resistance and Support

PIVOT
₹10,808.14
Resistance
First Resistance 10,899.17
Second Resistance 11,005.98
Third Resistance 11,097.02
RSI 50.70
MFI 66.37
MACD Single Line 91.63
MACD 97.05
Support
First Support 10,701.32
Second Support 10,610.28
Third Supoort 10,503.47

Solar Industries India Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 48,905 3,864,473 79.02
Week 61,047 3,850,234 63.07
1 Month 56,319 3,373,484 59.9
6 Month 181,018 8,538,614 47.17

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. 3717.52 Cr. and Equity Capital is Rs. 18.10 Cr. for the Year ended 31/03/2024. 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 97,660
Sales 3,779
Shares in Float 2.44
No of funds 362
Yield 0.08
Book Value 41.62
U/D Vol ratio 0.7
LTDebt / Equity 8
Alpha 0.27
Beta 1.14

Solar Industries India Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 73.15%73.15%73.15%73.15%
Mutual Funds 12.06%13.83%14.48%14.9%
Insurance Companies 0.35%0.33%0.29%0.02%
Foreign Portfolio Investors 7.56%6.1%5.9%5.89%
Financial Institutions/ Banks
Individual Investors 4.97%4.74%4.44%4.28%
Others 1.91%1.85%1.74%1.76%

Solar Industries India Management

Name Designation
Mr. Satyanarayan Nuwal Chairman & Non-Exe.Director
Mr. Manish Nuwal Managing Director & CEO
Mr. Suresh Menon Executive Director
Mr. Milind Deshmukh Executive Director
Mr. Natrajan Ramkrishna Ind. Non-Executive Director
Mr. Jagdish Chandra Belwal Ind. Non-Executive Director
Mrs. Rashmi Prasad Ind. Non-Executive Director
Mr. Dinesh Kumar Batra 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
2024-08-06 Quarterly Results
2024-05-16 Audited Results & Final Dividend
2024-02-07 Quarterly Results
2023-11-02 Quarterly Results
2023-08-03 Quarterly Results

Solar Industries India FAQs

What is Share Price of Solar Industries India ?

Solar Industries India share price is ₹10,792 As on 18 September, 2024 | 02:30

What is the Market Cap of Solar Industries India ?

The Market Cap of Solar Industries India is ₹97660.1 Cr As on 18 September, 2024 | 02:30

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

The P/E ratio of Solar Industries India is 105.6 As on 18 September, 2024 | 02:30

What is the PB ratio of Solar Industries India ?

The PB ratio of Solar Industries India is 28.5 As on 18 September, 2024 | 02:30

Q2FY23
Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

+91
 
footer_form