Solar Industries (India) Share Price

Solar Industries (India) Share Price

NSE: SOLARINDS
|
Chemicals

₹ 19,400.00

-₹300.00 (-1.52%)
1D
Last updated 01 Oct, 2026, 15:55 IST

Solar Industries (India) Share Price Today

As of 4 Oct 2026, Solar Industries (India) share price is ₹19,400.00. The stock opened at ₹19,588.00, compared to its previous close of ₹19,700.00. During today's trading session, Solar Industries (India) share price moved in the range of ₹18,786.00 to ₹19,673.00, with an average price of ₹19,229.50 for the day. Looking at its last 52-week, the stock has touched a low of ₹11,646.00 and a high of ₹22,700.00. On the performance front, Solar Industries (India) share price has increased by 51.48% over the last six months and is up 45.06% on a year-on-year basis.


₹18,786.00
1.52% down today
₹19,673.00
1D LOW
1D HIGH

Solar Industries (India) Returns Calculator

Volume
2,04,788
Average traded price
₹19,208.23
Last traded time
03:55:16 01 Oct
Last traded quantity
4

Circuit
L
H
₹17,460.00
₹21,340.00
52-week
L
H
₹11,646.00
₹22,700.00
Mkt Cap Cr
1,75,145.31

P/E
85.42

P/B
27.9

ROA
18.78%
ROE
26.72%

ROCE
29.1%

Quick Ratio
1.35

EV/EBITDA
54.84
Based on fundamentals, this stock's
Step 4 of 5
Performance
Good
Solar Industries outperforming most 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
HAL3,08,636.3233.117.527.04%22.21%14.09%1.9218.8
BEL2,80,330.0245.611.6913.71%25.27%33.35%1.4530.96
MAZAGON DOCK SHIPBUIL LTD83,453.2729.248.569.8%26.48%32.01%1.2419.08
Bharat Dynamics39,891.1676.589.413.65%9.91%7.22%—44.4
Cochin Shipyard33,896.6449.845.774.68%12.2%14.45%1.0427.94
Garden Reach Ship & Eng24,167.6130.199.27.53%28.48%38.21%0.818.37
MTAR Technologies23,895.74179.0829.057.65%11.43%12.93%0.8695.64
Data Patterns India23,777.2388.7413.713.89%15.63%21.41%8.560.03
ITI23,250.6671.6312.23.47%-8.2%1.44%—42.69
SIGMA ADVANCED SYSTEM LTD20,391.72122.0121.6115.73%57.22%39.83%0.9992.4

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

About Solar Industries (India)

Solar Industries (India) Share Price
ISIN
INE343H01029
Sector Market Cap
₹ 175,145.31 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 ₹9,965.72 crore in FY26 vs ₹7,611.09 crore in FY25. It showed an increase of 30.94% on a yearly basis.
  • Operating Profit: Solar Industries (India) reported an operating profit of ₹2,365.22 crore in FY26 vs ₹1,738.74 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 ₹1,736.64 crore in FY26 vs ₹1,287.93 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 ₹3,676.72 crore in Jun 2026, compared with ₹3,097.22 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 ₹911.46 crore in Jun 2026, compared with ₹759.03 crore in Mar 2026, representing an increase of 20.08% on a quarter-on-quarter (QoQ) basis.
  • Solar Industries (India) reported a profit of ₹666.37 crore in Jun 2026, compared with ₹556.03 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 ₹185.39 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
6.40%
Other DII
1.11%
Retail and other
7.10%
Mutual funds
12.25%
Foreign Institutional Investor (FII)
FII shareholding by period
Sep 20257.11%
Dec 20256.74%
Mar 20266.60%
Jun 20266.40%
1 day
-1.52%

1 week
-0.41%

1 month
-3.29%

1 year
+45.06%

3 years
+302.49%

5 years
+795.29%
Day
Open / Close
Change %
01 Oct 26
₹19,588.00 / ₹19,400.00
-1.52%

30 Sep 26
₹19,030.00 / ₹19,700.00
+5.63%

29 Sep 26
₹19,125.00 / ₹18,650.00
-2.61%

28 Sep 26
₹19,750.00 / ₹19,150.00
-3.01%
Show more

Solar Industries (India) Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹9,837.74₹7,540.26₹6,069.52₹6,922.53
Other Income₹127.98₹70.83₹44.47₹31.52
Total Revenue₹9,965.72₹7,611.09₹6,113.99₹6,954.05
Total Expenses₹7,600.77₹5,877.90₹4,953.06₹5,852.20
Profit Before Tax₹2,365.22₹1,738.74₹1,161.28₹1,101.58
Tax₹628.58₹450.81₹286.05₹290.41
Profit After Tax₹1,736.64₹1,287.93₹875.23₹811.17
EPS - Basic₹185.39₹133.65₹92.38₹83.68
EPS - Diluted₹185.39₹133.65₹92.38₹83.68

Cash Flow · Consolidated

Cash Flow · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹2,364.95₹1,733.19₹1,160.93₹1,101.85
Income before WC changes₹2,860.59₹2,056.24₹1,525.14₹1,437.61
Change in Assets-₹1,694.11-₹652.41₹134.66-₹730.88
Change in Liabilities₹116.84₹1,466.79₹45.76₹204.16
Change in WC-₹1,577.27₹814.38₹180.42-₹526.72
Cash flow from Operations₹620.87₹2,467.56₹1,406.01₹656.48
Cash flow from Investing-₹1,163.83-₹1,593.21-₹727.34-₹518.97
Cash flow from Financing₹209.46-₹476.36-₹370.28₹118.16
Total Cash Flow-₹120.99₹316.09₹13.65₹160.37
Cash (Start of the year)₹590.43₹258.98₹245.04₹84.67
Cash (End of the year)₹469.44₹590.43₹258.98₹245.04

Balance Sheet · Consolidated

Balance Sheet · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹5,881.04₹4,175.55₹3,088.82₹2,534.90
Current Assets₹5,037.46₹4,122.53₹2,648.38₹2,501.35
Total Assets₹10,918.50₹8,298.08₹5,737.20₹5,036.25
Current Liabilities₹2,448.89₹2,113.88₹1,501.42₹1,632.32
Net Current Asset₹2,588.57₹2,008.65₹1,146.96₹869.03
Non-Current Liabilities₹1,920.71₹1,610.82₹808.53₹653.23
Equity Capital₹6,548.90₹4,573.38₹3,427.25₹2,750.70
Total Equity & Liabilities₹10,918.50₹8,298.08₹5,737.20₹5,036.25

Income Statement · Standalone

Income Statement · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹5,578.86₹4,456.60₹3,717.52₹4,162.25
Other Income₹207.24₹83.75₹58.34₹55.84
Total Revenue₹5,786.10₹4,540.35₹3,775.86₹4,218.09
Total Expenses₹4,145.42₹3,463.06₹2,975.81₹3,618.01
Profit Before Tax₹1,640.68₹1,077.29₹800.05₹600.08
Tax₹418.98₹274.18₹203.75₹154.69
Profit After Tax₹1,221.70₹803.11₹596.30₹445.39
EPS - Basic₹135.01₹88.75₹65.90₹49.22
EPS - Diluted₹135.01₹88.75₹65.90₹49.22

Cash Flow · Standalone

Cash Flow · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹1,640.68₹1,077.29₹800.05₹600.08
Income before WC changes₹1,623.20₹1,120.32₹863.20₹633.55
Change in Assets-₹256.87-₹403.29₹136.85-₹431.18
Change in Liabilities-₹51.83₹598.96-₹43.80₹70.00
Change in WC-₹308.70₹195.67₹93.05-₹361.18
Cash flow from Operations₹927.34₹1,053.91₹769.70₹132.72
Cash flow from Investing-₹681.95-₹691.25-₹549.29-₹270.73
Cash flow from Financing-₹187.95-₹231.81-₹216.50₹173.04
Total Cash Flow₹57.44₹130.85₹3.91₹35.03
Cash (Start of the year)₹192.92₹62.07₹58.16₹23.13
Cash (End of the year)₹250.36₹192.92₹62.07₹58.16

Balance Sheet · Standalone

Balance Sheet · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹3,517.26₹2,496.92₹1,837.39₹1,492.53
Current Assets₹2,011.73₹1,938.80₹1,397.86₹1,276.64
Total Assets₹5,528.99₹4,435.72₹3,235.25₹2,769.17
Current Liabilities₹909.05₹880.72₹559.58₹711.12
Net Current Asset₹1,102.68₹1,058.08₹838.28₹565.52
Non-Current Liabilities₹393.12₹488.04₹329.20₹290.60
Equity Capital₹4,226.82₹3,066.96₹2,346.47₹1,767.45
Total Equity & Liabilities₹5,528.99₹4,435.72₹3,235.25₹2,769.17
* All values are in INR Crore
Qty
Bid
0
0
0
0
0
0
0
0
0
0
Ask
Qty
19400
60
0
0
0
0
0
0
0
0
Bid Total: 0
Ask Total: 60
Buy orders: 0%
Sell orders: 100%
Bearish
1
Neutral
6
Bullish
1
Neutral
by SEBI experts
Expert Pick
EXPPICK
Stop-loss
Entry price
Target
Indicator
Value
Verdict

RSI (14)
46.66
Neutral

ATR (14)
926.71
Neutral

STOCH(9,6)
43.6
Neutral

STOCH RSI (14)
29.19
Neutral

ADX(9)
26.22
Bearish

UO(9)
41.74
Neutral

ROC(12)
0.78
Bullish

WillR(14)
-78.2
Neutral
Period
Simple value
Exponential vaue

5D
19329
19375.58

10D
19356.5
19511.96

20D
20244.75
19762.82

50D
19683.1
19563.3

100D
18849.97
18616.31
Volume trend — traded volume by day
1 Oct2L
30 Sep3L
29 Sep2L
28 Sep1L
Average2L

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

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