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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.
TODAY'S HIGH
2975
TODAY'S LOW
2761.35
52 WEEK HIGH
3189.95
52 WEEK LOW
1271.3
% 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
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
Particulars | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
---|---|---|---|---|
Investments | -19.90 Cr. | 17.46 Cr. | 34.19 Cr. | -28.29 Cr. |
Change To Liabilities | 177.98 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 Borrowings | 60.74 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 Assets | 0 | 0 | 0 | 0 |
Net Income | 441.28 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 Activities | 297.80 Cr. | 356.68 Cr. | 324.81 Cr. | 313.75 Cr. |
Depreciation | 109.25 Cr. | 93.53 Cr. | 84.53 Cr. | 58.89 Cr. |
Other Cashflows from Investing Activities | 83 Lakhs | 1.48 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 Income | 59.56 Cr. | 92.07 Cr. | 6.20 Cr. | 94.65 Cr. |
Capital Expenditures | -287.44 Cr. | -264.96 Cr. | -239.06 Cr. | -252.22 Cr. |
Particulars | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
---|---|---|---|---|
Research Development | None | None | None | None |
Effect of Accounting Charges | None | None | None | None |
Income Before Tax | 607.42 Cr. | 397.10 Cr. | 335.80 Cr. | 401.85 Cr. |
Minority Interest | 100.63 Cr. | 62.69 Cr. | 51.51 Cr. | 47.55 Cr. |
Net Income | 676.24 Cr. | 458.09 Cr. | 367.51 Cr. | 455.56 Cr. |
Selling General Administrative | 338.08 Cr. | 264.04 Cr. | 242.62 Cr. | 205.80 Cr. |
Gross Profit | 1590.14 Cr. | 1144.37 Cr. | 999.88 Cr. | 1039.53 Cr. |
Ebit | 676.24 Cr. | 458.09 Cr. | 367.51 Cr. | 455.56 Cr. |
Operating Income | 676.24 Cr. | 458.09 Cr. | 367.51 Cr. | 455.56 Cr. |
Other Operating Expenses | 465.38 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 Items | None | None | None | None |
Non Recurring | None | None | None | None |
Other Items | None | None | None | None |
Income Tax Expense | 151.95 Cr. | 109.03 Cr. | 57.13 Cr. | 125.05 Cr. |
Total Revenue | 3947.61 Cr. | 2515.63 Cr. | 2237.30 Cr. | 2461.57 Cr. |
Total Operating Expenses | 3271.37 Cr. | 2057.54 Cr. | 1869.79 Cr. | 2006.01 Cr. |
Cost of Revenue | 2357.47 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 Operations | None | None | None | None |
Net Income from Continuous Ops. | 455.47 Cr. | 288.07 Cr. | 278.67 Cr. | 276.80 Cr. |
Net Income Applicable to Common Shares | 441.28 Cr. | 276.35 Cr. | 267.43 Cr. | 261.61 Cr. |
Particulars | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
---|---|---|---|---|
Intangible Assets | 43.29 Cr. | 36.90 Cr. | 38.74 Cr. | 34.96 Cr. |
Capital Surplus | 149.13 Cr. | 149.13 Cr. | 149.13 Cr. | 149.13 Cr. |
Total Liabilities | 1709.39 Cr. | 1387.61 Cr. | 1100.72 Cr. | 996.18 Cr. |
Stock Holder Equity | 1914.28 Cr. | 1579.41 Cr. | 1380.09 Cr. | 1238.33 Cr. |
Minority Interest | 100.63 Cr. | 62.69 Cr. | 51.51 Cr. | 47.55 Cr. |
Other Liabilities | 125.08 Cr. | 101.32 Cr. | 37.83 Cr. | 35.80 Cr. |
Total Assets | 3724.30 Cr. | 3029.71 Cr. | 2532.32 Cr. | 2282.06 Cr. |
Common Stock | 18.10 Cr. | 18.10 Cr. | 18.10 Cr. | 18.10 Cr. |
Retained Earnings | 1925.56 Cr. | 1547.40 Cr. | 1336.28 Cr. | 1145.89 Cr. |
Other Liabilities | 138.14 Cr. | 118.37 Cr. | 107.09 Cr. | 120.15 Cr. |
Good Will | 9.89 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 Assets | 326.03 Cr. | 232.77 Cr. | 181.34 Cr. | 103.11 Cr. |
Cash | 84.67 Cr. | 169.93 Cr. | 92.56 Cr. | 61 Cr. |
Current Liabilities | 1117.88 Cr. | 819.43 Cr. | 732.15 Cr. | 724.47 Cr. |
Long Term Asset Charges | 94.88 Cr. | 70.29 Cr. | 51.53 Cr. | 29.11 Cr. |
Short Long Term Debt | 193.44 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 Equipment | 1663.01 Cr. | 1523.85 Cr. | 1316.54 Cr. | 1170.30 Cr. |
Total Cur. Assets | 1663.86 Cr. | 1225.66 Cr. | 983.50 Cr. | 962.50 Cr. |
Long Term Investments | 18.22 Cr. | 97 Lakhs | 2.33 Cr. | 2.56 Cr. |
Net Tangible Assets | 1861.10 Cr. | 1532.95 Cr. | 1331.48 Cr. | 1194.74 Cr. |
Short Term Investments | 4.65 Cr. | 4.74 Cr. | 8.01 Cr. | 42.59 Cr. |
Net Receivables | 622.65 Cr. | 521.73 Cr. | 462.68 Cr. | 500.89 Cr. |
Long Term Debt | 435.86 Cr. | 433.21 Cr. | 252.80 Cr. | 151.56 Cr. |
Inventory | 842.29 Cr. | 472.82 Cr. | 348.22 Cr. | 297.60 Cr. |
Accounts Payable | 464.94 Cr. | 286.08 Cr. | 154.43 Cr. | 163.30 Cr. |