Solar Industries (India) Share Price

â‚ą 18,365.00

-â‚ą645.00 (-3.39%)
1D
Last updated 23 Oct, 2026, 15:55 IST
NSE: SOLARINDS
|
Chemicals

Solar Industries (India) Share Price Today

As of 24 Oct 2026, Solar Industries (India) share price is â‚ą18,365.00. The stock opened at â‚ą19,020.00, compared to its previous close of â‚ą19,010.00. During today's trading session, Solar Industries (India) share price moved in the range of â‚ą18,127.00 to â‚ą19,043.00, with an average price of â‚ą18,585.00 for the day. Looking at its last 52-week, the stock has touched a low of â‚ą11,646.00 and a high of â‚ą22,700.00. On the performance front, Solar Industries (India) share price has increased by 16.63% over the last six months and is up 30.97% on a year-on-year basis.

â‚ą18,127.00
3.39% down today
â‚ą19,043.00
1D LOW
1D HIGH

Solar Industries (India) Stock Insights

Latest Earning
Op Profit TrendUp by 20.08% QoQ
Latest Earning
Net Profit TrendUp by 19.84% QoQ
Latest Earning
Revenue TrendUp by 18.71% QoQ
Stock Performance
OutperformingBeat Nifty by 2.55 % in last 1 month
Shareholding Pattern
DIIDII increased stake by 29.73%
Shareholding Pattern
FIIFII decreased stake by 4.10%
Technical Indicators
Bollinger Band breakdownPrice touched below the lower Bollinger Band on 1 Day interval.
Volume
1,30,056
Average traded price
â‚ą18,381.49
Last traded time
03:55:20 23 Oct
Last traded quantity
1
Circuit
L
H
â‚ą17,749.00
â‚ą18,845.00
52-week
L
H
â‚ą11,646.00
â‚ą22,700.00
Mkt Cap Cr
1,72,303.02
P/E
84.03
P/B
27.45
ROA
18.78%
ROE
26.72%
ROCE
29.1%
Quick Ratio
1.35
EV/EBITDA
54.44
Based on fundamentals, this stock's
Step 5 of 5
Performance
Excellent
Solar Industries outperforming all market indices
Step 1 of 5
Valuation
Overvalued
Solar Industries appears overvalued compared to its peers
Step 5 of 5
Earnings
Excellent
Solar Industries revenue, operating profit and net profit are growing
Peer Comparison
Peer comparison — key ratios
NameMkt Cap CrP/EP/BROAROEROCEQuick RatioEV/EBITDA
HAL3,26,027.8134.987.947.04%22.21%14.09%1.9220.02
BEL2,68,268.8843.6411.1813.71%25.27%33.35%1.4529.96
MAZAGON DOCK SHIPBUIL LTD77,690.9927.227.969.8%26.48%32.01%1.2418.36
Bharat Dynamics38,489.0673.899.083.65%9.91%7.22%—43.57
Cochin Shipyard30,619.9745.035.214.68%12.2%14.45%1.0425.28
Garden Reach Ship & Eng22,414.9628.08.547.53%28.48%38.21%0.817.49
ITI21,887.7967.4311.483.47%-8.2%1.44%0.941.18
Data Patterns India21,862.3081.5912.5913.89%15.63%21.41%8.555.29
MTAR Technologies19,850.09156.5925.47.65%11.43%12.93%0.8685.19
AEQUS LIMITED16,478.25-96.7311.09-6.33%-7.41%1.29%0.89119.08

Auto-generated based on historical fundamentals; not a recommendation to buy/sell.

Solar Industries (India) Company Background

ISIN
INE343H01029
Sector Market Cap
â‚ą 172,303.02 Cr

Solar Industries India Limited is an India-based integrated global explosives company. The Company is primarily involved in the manufacturing of complete range of industrial explosives and explosive initiating devices. Its segment is Explosives and its accessories. The Company's products include industrial explosives and defense. Its industrial explosives products include packaged emulsion explosives, bulk explosives and explosive initiating systems. Its industrial explosives include superpower 90, solargel, solar prime, solar prime gold, Eco Power, and others. The Company's defense products include high energy materials, such as HMX, RDX, TNT and their compounds; composite propellants for Pinaka, Akash, Brahmos, PSOMXL and Skyroot, among others; 30 mm ammunition, multi-mode hand grenade, mines, warheads, bund blasting device; artillery fuses, ASW fuses, Pyros and igniters; chaff payloads; loitering munition; rocket integration, and explosives filling of ammunition.

Solar Industries (India) Financial Highlights

  • Revenue: Solar Industries (India) reported revenue of â‚ą9,965.72 crore in FY26 vs â‚ą7,611.09 crore in FY25. It showed an increase of 30.94% on a yearly basis.
  • Operating Profit: Solar Industries (India) reported an operating profit of â‚ą2,365.22 crore in FY26 vs â‚ą1,738.74 crore in FY25. It showed an increase of 36.03% on a year-on-year basis.
  • Net Profit: Solar Industries (India) reported a net profit of â‚ą1,736.64 crore in FY26 vs â‚ą1,287.93 crore in FY25. It showed an increase of 34.84% on a yearly basis.

Solar Industries (India) Quarterly Result Highlights

  • Solar Industries (India) reported revenue of â‚ą3,676.72 crore in Jun 2026, compared with â‚ą3,097.22 crore in Mar 2026, representing an increase of 18.71% on a quarter-on-quarter (QoQ) basis.
  • Solar Industries (India) reported an operating profit of â‚ą911.46 crore in Jun 2026, compared with â‚ą759.03 crore in Mar 2026, representing an increase of 20.08% on a quarter-on-quarter (QoQ) basis.
  • Solar Industries (India) reported a profit of â‚ą666.37 crore in Jun 2026, compared with â‚ą556.03 crore in Mar 2026, reflecting an increase of 19.84% on a QoQ basis.
  • The earnings per share (EPS) of Solar Industries (India) stood at â‚ą185.39 during Jun 2026.

Data Source: BSE, Company announcements

Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.

Know more
Promoters
73.15%
FII
6.13%
Other DII
1.44%
Retail and other
7.16%
Mutual funds
12.11%
Foreign Institutional Investor (FII)
FII shareholding by period
Dec 20256.74%
Mar 20266.60%
Jun 20266.40%
Sep 20266.13%
1 day
-3.39%
1 week
-7.56%
1 month
-6.92%
1 year
+30.97%
3 years
+255.09%
5 years
+731.58%
Day
Open / Close
Change %
23 Oct 26
â‚ą19,020.00 / â‚ą18,365.00
-3.39%
22 Oct 26
â‚ą19,102.00 / â‚ą19,010.00
-1.29%
21 Oct 26
â‚ą19,803.00 / â‚ą19,259.00
-2.75%
19 Oct 26
â‚ą20,048.00 / â‚ą19,803.00
-1.04%
Show more

Solar Industries (India) Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenueâ‚ą9,837.74â‚ą7,540.26â‚ą6,069.52â‚ą6,922.53
Other Incomeâ‚ą127.98â‚ą70.83â‚ą44.47â‚ą31.52
Total Revenueâ‚ą9,965.72â‚ą7,611.09â‚ą6,113.99â‚ą6,954.05
Total Expensesâ‚ą7,600.77â‚ą5,877.90â‚ą4,953.06â‚ą5,852.20
Profit Before Taxâ‚ą2,365.22â‚ą1,738.74â‚ą1,161.28â‚ą1,101.58
Taxâ‚ą628.58â‚ą450.81â‚ą286.05â‚ą290.41
Profit After Taxâ‚ą1,736.64â‚ą1,287.93â‚ą875.23â‚ą811.17
EPS - Basicâ‚ą185.39â‚ą133.65â‚ą92.38â‚ą83.68
EPS - Dilutedâ‚ą185.39â‚ą133.65â‚ą92.38â‚ą83.68

Cash Flow · Consolidated

Cash Flow · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before taxâ‚ą2,364.95â‚ą1,733.19â‚ą1,160.93â‚ą1,101.85
Income before WC changesâ‚ą2,860.59â‚ą2,056.24â‚ą1,525.14â‚ą1,437.61
Change in Assets-â‚ą1,694.11-â‚ą652.41â‚ą134.66-â‚ą730.88
Change in Liabilitiesâ‚ą116.84â‚ą1,466.79â‚ą45.76â‚ą204.16
Change in WC-â‚ą1,577.27â‚ą814.38â‚ą180.42-â‚ą526.72
Cash flow from Operationsâ‚ą620.87â‚ą2,467.56â‚ą1,406.01â‚ą656.48
Cash flow from Investing-â‚ą1,163.83-â‚ą1,593.21-â‚ą727.34-â‚ą518.97
Cash flow from Financingâ‚ą209.46-â‚ą476.36-â‚ą370.28â‚ą118.16
Total Cash Flow-â‚ą120.99â‚ą316.09â‚ą13.65â‚ą160.37
Cash (Start of the year)â‚ą590.43â‚ą258.98â‚ą245.04â‚ą84.67
Cash (End of the year)â‚ą469.44â‚ą590.43â‚ą258.98â‚ą245.04

Balance Sheet · Consolidated

Balance Sheet · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assetsâ‚ą5,881.04â‚ą4,175.55â‚ą3,088.82â‚ą2,534.90
Current Assetsâ‚ą5,037.46â‚ą4,122.53â‚ą2,648.38â‚ą2,501.35
Total Assetsâ‚ą10,918.50â‚ą8,298.08â‚ą5,737.20â‚ą5,036.25
Current Liabilitiesâ‚ą2,448.89â‚ą2,113.88â‚ą1,501.42â‚ą1,632.32
Net Current Assetâ‚ą2,588.57â‚ą2,008.65â‚ą1,146.96â‚ą869.03
Non-Current Liabilitiesâ‚ą1,920.71â‚ą1,610.82â‚ą808.53â‚ą653.23
Equity Capitalâ‚ą6,548.90â‚ą4,573.38â‚ą3,427.25â‚ą2,750.70
Total Equity & Liabilitiesâ‚ą10,918.50â‚ą8,298.08â‚ą5,737.20â‚ą5,036.25

Income Statement · Standalone

Income Statement · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenueâ‚ą5,578.86â‚ą4,456.60â‚ą3,717.52â‚ą4,162.25
Other Incomeâ‚ą207.24â‚ą83.75â‚ą58.34â‚ą55.84
Total Revenueâ‚ą5,786.10â‚ą4,540.35â‚ą3,775.86â‚ą4,218.09
Total Expensesâ‚ą4,145.42â‚ą3,463.06â‚ą2,975.81â‚ą3,618.01
Profit Before Taxâ‚ą1,640.68â‚ą1,077.29â‚ą800.05â‚ą600.08
Taxâ‚ą418.98â‚ą274.18â‚ą203.75â‚ą154.69
Profit After Taxâ‚ą1,221.70â‚ą803.11â‚ą596.30â‚ą445.39
EPS - Basicâ‚ą135.01â‚ą88.75â‚ą65.90â‚ą49.22
EPS - Dilutedâ‚ą135.01â‚ą88.75â‚ą65.90â‚ą49.22

Cash Flow · Standalone

Cash Flow · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before taxâ‚ą1,640.68â‚ą1,077.29â‚ą800.05â‚ą600.08
Income before WC changesâ‚ą1,623.20â‚ą1,120.32â‚ą863.20â‚ą633.55
Change in Assets-â‚ą256.87-â‚ą403.29â‚ą136.85-â‚ą431.18
Change in Liabilities-â‚ą51.83â‚ą598.96-â‚ą43.80â‚ą70.00
Change in WC-â‚ą308.70â‚ą195.67â‚ą93.05-â‚ą361.18
Cash flow from Operationsâ‚ą927.34â‚ą1,053.91â‚ą769.70â‚ą132.72
Cash flow from Investing-â‚ą681.95-â‚ą691.25-â‚ą549.29-â‚ą270.73
Cash flow from Financing-â‚ą187.95-â‚ą231.81-â‚ą216.50â‚ą173.04
Total Cash Flowâ‚ą57.44â‚ą130.85â‚ą3.91â‚ą35.03
Cash (Start of the year)â‚ą192.92â‚ą62.07â‚ą58.16â‚ą23.13
Cash (End of the year)â‚ą250.36â‚ą192.92â‚ą62.07â‚ą58.16

Balance Sheet · Standalone

Balance Sheet · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assetsâ‚ą3,517.26â‚ą2,496.92â‚ą1,837.39â‚ą1,492.53
Current Assetsâ‚ą2,011.73â‚ą1,938.80â‚ą1,397.86â‚ą1,276.64
Total Assetsâ‚ą5,528.99â‚ą4,435.72â‚ą3,235.25â‚ą2,769.17
Current Liabilitiesâ‚ą909.05â‚ą880.72â‚ą559.58â‚ą711.12
Net Current Assetâ‚ą1,102.68â‚ą1,058.08â‚ą838.28â‚ą565.52
Non-Current Liabilitiesâ‚ą393.12â‚ą488.04â‚ą329.20â‚ą290.60
Equity Capitalâ‚ą4,226.82â‚ą3,066.96â‚ą2,346.47â‚ą1,767.45
Total Equity & Liabilitiesâ‚ą5,528.99â‚ą4,435.72â‚ą3,235.25â‚ą2,769.17
* All values are in INR Crore
Qty
Bid
0
0
0
0
0
0
0
0
0
0
Ask
Qty
18365
126
0
0
0
0
0
0
0
0
Bid Total: 0
Ask Total: 126
Buy orders: 0%
Sell orders: 100%
Bearish
1
Neutral
5
Bullish
2
Slightly Bullish
by SEBI experts
Expert Pick
EXPPICK
Stop-loss
Entry price
Target
Indicator
Value
Verdict
RSI (14)
40.82
Neutral
ATR (14)
516.86
Neutral
STOCH(9,6)
24.11
Neutral
STOCH RSI (14)
0
Bullish
ADX(9)
18.87
Bullish
UO(9)
41.43
Neutral
ROC(12)
-2.71
Bearish
WillR(14)
-75.89
Neutral
Period
Simple value
Exponential vaue
5D
19289.6
19108.32
10D
19690.5
19426.39
20D
19628.05
19636.28
50D
20031.7
19617.66
100D
19132.54
18898.15
Volume trend — traded volume by day
23 Oct1L
22 Oct1L
21 Oct1L
19 Oct0L
Average1L

Technical indicators used here are for indicative purposes only. Kindly do not treat it as an investment or trading advice

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Fund name
AUM
Motilal Oswal Nifty India Defence Index Fund
11.24%
Aditya Birla Sun Life Nifty India Defence Index Fund
11.20%
HDFC Defence Fund
10.26%

Solar Industries (India) Returns Calculator

Ex-date: 28 Jul 2026
â‚ą11/share
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Solar Industries (India) Share Price FAQs

Please be aware that Solar Industries (India) stock prices are subject to continuous fluctuations due to various factors.