Solar Industries India Limited (SOLARINDS)
ISIN: INE343H01029 Industry: Specialty Chemicals Sector: Basic Materials Website
2775.15
-109.25(-3.79%)

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 packaged and bulk explosives; and initiating systems, including electronic, non-electric, electric, and plain detonators, as well as cord relays, cast boosters, detonating cords, and aluminum elemented det products. The company also provides defense products, including unmanned aerial systems and drones, ammunitions, military explosives, bombs and warheads, rockets, and drones armed with guided missiles, as well as counter drone systems and initiating systems and pyros comprising fuzes, detonators, ignitors, decoys and flares, and riot control devices. It primarily serves mining, defense, and infrastructure sectors. 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 founded in 1983 and is headquartered in Nagpur, India.

Pricing Updates

TODAY'S HIGH

2975

TODAY'S LOW

2761.35

52 WEEK HIGH

3189.95

52 WEEK LOW

1271.3

Major Holders

% of Shares Held by
All Insider

73.15%

% of Shares Held by
Institutions

20.31%

% of Float Held by
Institutions

75.63%

Number of Institutions
Holding Shares

40

Company Overview

MARKET CAP

25112.35 Cr.

ETERPRISE VALUE

26206.62 Cr.

NO. OF SHARES

9.04 Cr.

BOOK VALUE

211.546

DIV. YIELD

7.5%

DEBT

888 Cr.

GROSS PROFIT

1590.14 Cr.

CASH

95.24 Cr.

REVENUE

3947.61 Cr.

REVENUE/SHARE

436.248

OHLC Chart 1y 2y 5y 10y

Price Chart

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Volumes Chart

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Cashflows

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Investments-19.90 Cr.17.46 Cr.34.19 Cr.-28.29 Cr.
Change To Liabilities177.98 Cr.131.50 Cr.-7.77 Cr.9.55 Cr.
Total cashflows from Investing Activities-303.05 Cr.-250.74 Cr.-212.24 Cr.-202.26 Cr.
Net Borrowings60.74 Cr.76.99 Cr.92.35 Cr.76.03 Cr.
Total Cash from Financing Activities-45.40 Cr.-26.07 Cr.-33.62 Cr.-51.74 Cr.
Other Liabilities-138.71 Cr.-5.92 Cr.-10.37 Cr.-14.74 Cr.
Total Assets0000
Net Income441.28 Cr.276.35 Cr.267.43 Cr.261.61 Cr.
Change in Cash-85.26 Cr.77.37 Cr.31.56 Cr.8.51 Cr.
Effect of Exchange Rate-34.61 Cr.-2.50 Cr.-47.39 Cr.-51.24 Cr.
Total Cash from Operating Activities297.80 Cr.356.68 Cr.324.81 Cr.313.75 Cr.
Depreciation109.25 Cr.93.53 Cr.84.53 Cr.58.89 Cr.
Other Cashflows from Investing Activities83 Lakhs1.48 Cr.2.56 Cr.3.96 Cr.
Dividends Paid-54.29 Cr.-54.29 Cr.-63.34 Cr.-65.45 Cr.
Change to Inventory-278.60 Cr.-111.78 Cr.-48.24 Cr.-50.32 Cr.
Change to Account Receivables-72.96 Cr.-119.07 Cr.33.03 Cr.-45.89 Cr.
Other Cashflows from Financing Activities-51.85 Cr.-48.77 Cr.-62.63 Cr.-62.32 Cr.
Change to Net Income59.56 Cr.92.07 Cr.6.20 Cr.94.65 Cr.
Capital Expenditures-287.44 Cr.-264.96 Cr.-239.06 Cr.-252.22 Cr.

Financials

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Research DevelopmentNoneNoneNoneNone
Effect of Accounting ChargesNoneNoneNoneNone
Income Before Tax607.42 Cr.397.10 Cr.335.80 Cr.401.85 Cr.
Minority Interest100.63 Cr.62.69 Cr.51.51 Cr.47.55 Cr.
Net Income676.24 Cr.458.09 Cr.367.51 Cr.455.56 Cr.
Selling General Administrative338.08 Cr.264.04 Cr.242.62 Cr.205.80 Cr.
Gross Profit1590.14 Cr.1144.37 Cr.999.88 Cr.1039.53 Cr.
Ebit676.24 Cr.458.09 Cr.367.51 Cr.455.56 Cr.
Operating Income676.24 Cr.458.09 Cr.367.51 Cr.455.56 Cr.
Other Operating Expenses465.38 Cr.328.43 Cr.304.25 Cr.311.94 Cr.
Interest Expense-50.25 Cr.-45.39 Cr.-55.04 Cr.-49.87 Cr.
Extraordinary ItemsNoneNoneNoneNone
Non RecurringNoneNoneNoneNone
Other ItemsNoneNoneNoneNone
Income Tax Expense151.95 Cr.109.03 Cr.57.13 Cr.125.05 Cr.
Total Revenue3947.61 Cr.2515.63 Cr.2237.30 Cr.2461.57 Cr.
Total Operating Expenses3271.37 Cr.2057.54 Cr.1869.79 Cr.2006.01 Cr.
Cost of Revenue2357.47 Cr.1371.26 Cr.1237.42 Cr.1422.04 Cr.
Total Other Income Expense Net-68.82 Cr.-60.99 Cr.-31.71 Cr.-53.71 Cr.
Discontinued OperationsNoneNoneNoneNone
Net Income from Continuous Ops.455.47 Cr.288.07 Cr.278.67 Cr.276.80 Cr.
Net Income Applicable to Common Shares441.28 Cr.276.35 Cr.267.43 Cr.261.61 Cr.

Balance Sheet

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Intangible Assets43.29 Cr.36.90 Cr.38.74 Cr.34.96 Cr.
Capital Surplus149.13 Cr.149.13 Cr.149.13 Cr.149.13 Cr.
Total Liabilities1709.39 Cr.1387.61 Cr.1100.72 Cr.996.18 Cr.
Stock Holder Equity1914.28 Cr.1579.41 Cr.1380.09 Cr.1238.33 Cr.
Minority Interest100.63 Cr.62.69 Cr.51.51 Cr.47.55 Cr.
Other Liabilities125.08 Cr.101.32 Cr.37.83 Cr.35.80 Cr.
Total Assets3724.30 Cr.3029.71 Cr.2532.32 Cr.2282.06 Cr.
Common Stock18.10 Cr.18.10 Cr.18.10 Cr.18.10 Cr.
Retained Earnings1925.56 Cr.1547.40 Cr.1336.28 Cr.1145.89 Cr.
Other Liabilities138.14 Cr.118.37 Cr.107.09 Cr.120.15 Cr.
Good Will9.89 Cr.9.56 Cr.9.87 Cr.8.63 Cr.
Treasury Stock-178.51 Cr.-135.22 Cr.-123.42 Cr.-74.79 Cr.
Other Assets326.03 Cr.232.77 Cr.181.34 Cr.103.11 Cr.
Cash84.67 Cr.169.93 Cr.92.56 Cr.61 Cr.
Current Liabilities1117.88 Cr.819.43 Cr.732.15 Cr.724.47 Cr.
Long Term Asset Charges94.88 Cr.70.29 Cr.51.53 Cr.29.11 Cr.
Short Long Term Debt193.44 Cr.158.95 Cr.97.96 Cr.138.92 Cr.
Other Stockholder Equity-178.51 Cr.-135.22 Cr.-123.42 Cr.-74.79 Cr.
Property Plant Equipment1663.01 Cr.1523.85 Cr.1316.54 Cr.1170.30 Cr.
Total Cur. Assets1663.86 Cr.1225.66 Cr.983.50 Cr.962.50 Cr.
Long Term Investments18.22 Cr.97 Lakhs2.33 Cr.2.56 Cr.
Net Tangible Assets1861.10 Cr.1532.95 Cr.1331.48 Cr.1194.74 Cr.
Short Term Investments4.65 Cr.4.74 Cr.8.01 Cr.42.59 Cr.
Net Receivables622.65 Cr.521.73 Cr.462.68 Cr.500.89 Cr.
Long Term Debt435.86 Cr.433.21 Cr.252.80 Cr.151.56 Cr.
Inventory842.29 Cr.472.82 Cr.348.22 Cr.297.60 Cr.
Accounts Payable464.94 Cr.286.08 Cr.154.43 Cr.163.30 Cr.

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