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Solar Industries India Ltd

Tue 5/05/2026,15:59:26 | NSE : SOLARINDS

₹ 15845.00386.00 (2.50%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 15460.00

Previous Close

₹ 15459.00

Volume

92232

Mkt Cap ( Rs. Cr)

₹143381.49

High

₹ 15895.00

Low

₹ 15407.00

52 Week High

₹ 17820.00

52 Week Low

₹ 11646.00

Book Value Per Share

₹ 616.93

Dividend Yield

0.06

Face Value

₹ 2.00

What’s Your Call?

Collective community sentiment on Solar Industries India Ltd

Your Vote -

Buy

58.69%

Hold

27.87%

Sell

13.44%

58.69%

305 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

15845.00

97

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Bid Total

97

Bid Price

Qty

0.00

0

0.00

0

0.00

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0

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Bid Total

0

Option Chain

Analyzes market sentiment, predicts Solar Industries India Ltd' movement.

Call Price Open interest Strike Price Put Price Open interest

News

Media spotlight triggers stock stock attention, sentiment.

  • Solar Industries Ind - Disclosure under SEBI Takeover Regulations

    27 Apr 2026, 12:16PM Sohan Devi Nand Lal Nuwal Family Trust has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board
  • Solar Industries Ind - Disclosure under SEBI Takeover Regulations

    27 Apr 2026, 12:15PM Kailash Chandra Nuwal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substan
  • Solar Industries Ind - Updates

    24 Apr 2026, 3:13PM Solar Industries India Limited has informed the Exchange regarding ""Submission of Newspaper Clippings for the Notice of transfer of Equity shares of
  • Solar Industries Ind - Submission Of Newspaper Clippings For The Notice Of Transfer Of Equity Shares Of The Company To Invest

    24 Apr 2026, 3:01PM submission of newspaper clippings for the notice of transfer of equity shares of the company to Investor Education and Protection Fund (IEPF).
  • Solar Industries Ind - Credit Rating

    24 Apr 2026, 12:49PM Solar Industries India Limited has informed the Exchange about Credit Rating
  • Solar Industries Ind - Announcement under Regulation 30 (LODR)-Credit Rating

    24 Apr 2026, 12:41PM Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 - Credit Rating.
  • Solar Industries Ind - Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2

    20 Apr 2026, 6:18PM <b>Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border='1px'> <tr> <td><b>Sr
  • Solar Industries Ind - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

    20 Apr 2026, 5:12PM <b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border='1px'><tr> <td><b>Sr. No.</b></td
  • Solar Industries Ind has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2026

    10 Apr 2026, 6:31PM As of March 2026, 73.15% is owned by Indian Promoters and 26.85% by Public. <p align=justify> Institutional holds 19.48% (Insurance Companies 0.49%) a
  • Solar Industries Ind - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    7 Apr 2026, 6:25PM Solar Industries India Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Solar Industries Ind - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    7 Apr 2026, 6:22PM Certificate under Regulation 74(5) of SEBI Depository Regulation (Depositories and Participation) Regulation, 2018 for quarter ended Meach 31, 2026.
  • Solar Industries Ind - Cessation

    1 Apr 2026, 11:06AM Solar Industries India Limited has informed the Exchange regarding Cessation of Mr Dinesh Kumar Batra as Non- Executive Independent Director of the co
  • Solar Industries Ind - Announcement under Regulation 30 (LODR)-Change in Management

    1 Apr 2026, 11:01AM Completion of Tenure of Shri Dinesh Kumar Batra (DIN: 08773363) as a Non-Executive Independent Director of the Company.\r\n
  • Solar Industries Ind - Appointment

    31 Mar 2026, 6:27PM Solar Industries India Limited has informed the Exchange regarding Appointment of Mr Kirit Ramesh Kamdar as Non- Executive Independent Director of the
  • Solar Industries Ind - Announcement under Regulation 30 (LODR)-Change in Management

    31 Mar 2026, 6:11PM Intimation of Appointment of an Additional Director (Non-executive Independent Director).
  • Solar Industries Ind - Trading Window

    26 Mar 2026, 2:25PM Solar Industries India Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regula
  • Solar Industries Ind - General Updates

    23 Mar 2026, 5:52PM Solar Industries India Limited has informed the Exchange about Certificate confirming fulfilment of payment obligation with respect to Commercial Pape
  • Solar Industries Ind - Intimation of Repayment of Commercial Paper (CP)

    23 Mar 2026, 5:46PM Certificate confirming fulfilment of payment obligation with respect to the commercial paper issued dated December 23, 2025 by Solar Industries India
  • Solar Industries Ind - Updates

    12 Mar 2026, 4:27PM Solar Industries India Limited has informed the Exchange regarding Corrigendum to disclosure submitted under Regulation 7 of the SEBI (Prohibition of
  • Solar Industries India Ltd arm begins work on UAV & Robotics facility in Nagpur

    9 Mar 2026, 11:56AM Solar Industries India Limited has announced that its wholly owned subsidiary, Solar Defence and Aerospace Limited, conducted the Bhoomi Pujan ceremon
  • Solar Industries Ind - General Updates

    8 Mar 2026, 12:13PM Solar Industries India Limited has informed the Exchange about Intimation of Bhoomi Pujan for upcoming Robotics and UAV Manufacturing Facility
  • Solar Industries Ind - Intimation Of Bhoomi Pujan For Upcoming Robotics And UAV Manufacturing Facility

    8 Mar 2026, 12:11PM Intimation of Bhoomi Pujan for upcoming Robotics and UAV Manufacturing facility
  • Solar Industries Ind - Shareholders meeting

    24 Feb 2026, 1:59PM Solar Industries India Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange
  • Solar Industries Ind - Shareholder Meeting / Postal Ballot-Scrutinizer\s Report

    24 Feb 2026, 1:54PM Submission of the Voting results and Scrutiniser's Report of Postal Ballot
  • Solar Industries Ind - Updates

    9 Feb 2026, 4:40PM Solar Industries India Limited has informed the Exchange regarding 'Certificate confirming fulfilment of payment obligation with respect to Commercial
  • Solar Industries Ind - Analysts/Institutional Investor Meet/Con. Call Updates

    9 Feb 2026, 3:32PM Solar Industries India Limited has informed the Exchange about Transcript
  • Solar Industries Ind - Intimation of Repayment of Commercial Paper (CP)

    9 Feb 2026, 4:33PM Certificate confirming fulfilment of payment obligation with respect to Commercial paper issued dated November 11, 2025 by Solar Industries India Limi
  • Solar Industries Ind - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    9 Feb 2026, 4:09PM Transcription of Conference Call with reference to the Unaudited Financial Results for the quarter and nine months ended on December 31, 2025, with th
  • Solar Ind bags exports orders worth Rs. 1,400 cr

    18 Nov 2025 , 1:30PM Solar Ind bags exports orders worth Rs. 1,400 cr for supply of defence products over a period of 4 year
  • Solar Industries India Ltd

    9 Oct 2025 , 8:58AM Solar Industries: Bagged Rs 483 crore order from South Eastern Coalfields Ltd (SECL) for the supply of explosives over two years, reinforcing its leadership in the mining segment. Positive
  • Solar Industries bags order worth Rs. 239 crs

    4 Mar 2025 , 11:06AM Receipt of export order of Rs. 239 crores
  • Solar Industries India

    24 Jan 2025 , 1:29PM Solar Industries: Company to invest Rs 12,700 crore in Nagpur defence and aerospace project
  • Solar Industries

    3 Dec 2024 , 11:11AM The company and its subsidiary have received export orders worth Rs 2,039 crore for supply of defence products, to be delivered over a period of 4 years. Positive
  • Solar Industries bags order for supply of products

    8 Jan 2024 , 1:50PM Solar Industries bags order worth Rs 994 crore for supply of products for defence-based application
  • Solar Ind bags order of Rs. 1,563 Cr from Singareni Collieries Company

    6 May 2022 , 10:51AM Receives order of Rs. 1563 Cr from Singareni Collieries Company Ltd
  • Solar Industries bags multiple orders from Coal India

    11 Jun 2021 , 1:26PM Solar Industries bags multiple orders from Coal India having contract value of approximately Rs. 365 cr
  • Solar Industries bags new orders

    9 Oct 2020 , 9:54AM Solar Industries and its subsidiary Economic Explosives gets order from SCCL
  • Solar Industries receives a contract worth Rs. 409 crore from the Ministry of Defense

    5 Oct 2020 , 12:27PM Solar Industries signs contract for supply of Multi-Mode Hand Grenade (MMHG) with Ministry of Defense, Government of India
  • Solar Industries

    5 Oct 2020 , 11:17AM The company signed a contract with the government to supply 10 lakh multi-mode hand grenades for Rs 409 crore. The grenades have to be delivered over a period of two years. Positive for the stock.

Key fundamentals

Evaluate the intrinsic value of Solar Industries India Ltd stock 

Name March-25 March-24 March-23 March-22 March-21
Assets 3261.9 2658.95 2188.37 1520.24 1251.46
Liabilities 3261.9 2658.95 2188.37 1520.24 1251.46
Equity 18.1 18.1 18.1 18.1 18.1
Gross Profit 1097.11 834.66 628.83 375.14 272.08
Net Profit 803.11 596.3 445.39 261.52 189.07
Cash From Operating Activities 1053.91 769.7 132.72 294.01 147.77
NPM(%) 18.02 16.04 10.7 10.34 11.93
Revenue 4456.6 3717.52 4162.25 2528.34 1584.4
Expenses 3359.49 2882.86 3533.42 2153.2 1312.32
ROE(%) 14.38 10.68 7.97 4.68 3.38

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
08 Jul 2025 10 500 0.06 13489
04 Jul 2024 8.5 425 0.06 8299.75
27 May 2022 7.5 375 0.06 2997.45
18 Aug 2021 6 300 0.06 1337.45
03 Sep 2020 6 300 0.06 1016
18 Jul 2019 7 350 0.06 1071.45
18 Jul 2018 6 300 0.06 1070
09 Aug 2017 3 150 0.06 831.8
20 Feb 2017 2 100 0.06 727.8
16 Mar 2016 13.5 135 0.06 3151.6
09 Nov 2015 9 90 0.06 3455.95
27 Aug 2015 9 90 0.06 3542.05
19 Nov 2014 8 80 0.06 2562.85
22 Aug 2014 7 70 0.06 1526.3
13 Nov 2013 5 50 0.06 979.7
30 Aug 2013 6 60 0.06 887.5
15 Nov 2012 5 50 0.06 984.4
01 Aug 2012 5 50 0.06 845
22 Nov 2011 5 50 0.06 826.8
29 Jul 2011 4 40 0.06 602.75
11 Nov 2010 4 40 0.06 537.8
11 Aug 2010 3.5 35 0.06 395.5
17 Feb 2010 3.5 35 0.06 405
08 Sep 2009 4.5 45 0.06 282.3
10 Sep 2008 1.5 15 0.06 410
01 Nov 2007 1.5 15 0.06 227.05
12 Sep 2007 1.5 15 0.06 165.5
18 Sep 2006 1.5 15 0.06 196.5

Peers

Other companies within the same industry or sector that are comparable to Solar Industries India Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Nitta Gelatin India Ltd 1125.15 -0.28 12.34 14029.41 924.57 0.71
Sharda Cropchem Ltd 1081.50 4.02 17.25 139410.97 337.37 0.83
Amines and Plasticizers Ltd 172.96 1.71 27.99 85018.28 372.61 0.29
Indogulf Cropsciences Ltd 63.45 -0.86 10.50 75386.90 49.78 0.00

Company Info

The company "Solar Explosives Limited" was incorporated in the year 1995 by Mr.Satyanarayan Nuwal, Nandlal Nuwal and Kailashchandra Nuwal. The journey of "Solar" Group started in the year 1984 when a proprietary firm Solar Explosives was formed by Mr.Satyanarayan Nuwal for trading in Explosives . In this year one of the , then largest Indian Explosive manufacturing company awarded its first consignment agency to Solar Explosives. In the year 1985 Economic Explosives another proprietary firm was formed at Sholapur for trading of Explosives and Accessories made by companies other companies. During the year 1991, they became one of the largest dealers of detonators and Explosives manufactured by other reputed companies. By the year 1996, Solar established an effective trade network as well as Institutional market. Banking on strong marketing network and manufacturing experience gained in Solar Carbons the Group entered into manufacturing of Explosives by incorporating Solar Explosives Limited at Nagpur in the year 1996. In 1997 the promoters started manufacturing Detonators under Economic Explosives Limited. Also in 1997 the promoters started manufacturing non Explosive component required for manufacturing detonators under Solar Components Private Limited. In the year 2000 the promoters under Solar Capitals Limited started manufacturing of Bulk Explosives. In September 2005, Solar Explosives Limited acquired all the shares from the promoters of Economic Explosives Limited, Solar Capitals Limited and Solar Component Limited by swapping their holding with the shares of Solar Explosives Limited to make the three companies its wholly owned subsidiary. Year Key Events, Milestones and Achievements 1984 Solar Explosives started trading of Explosives and Accessories at Chandrapur and received consignment agency from leading manufacturing company. 1985 Established Economic Explosives at Sholapur for trading of Explosives and Accessories made by various companies. 1996 Solar Explosives Limited started production with License capacity of 6000MT. 1997 Incorporation and Commencement of Solar Component Private Limited. 1998 Economic Explosives Limited started production with License capacity of 30 Mn.Nos Detonators. 2000 Started Bulk Plant of Solar Capitals Limited in Waidhan with capacity 6000MT. 2001 Imported first Kartridge Pack Machine from USA for cartridge Explosives. Started Bulk Plant of Solar Capitals Limited in Chandrapur with capacity of 7750MT. 2004 Imported the first of its kind high efficiency Cartridge Pack Machine Introduction of PETN in Solar Explosives Limited. Introduction of Cast Boasters in Solar Explosives Limited. Executed the first export order of Solar Explosives Limited. 2005 Started Production at Solar Capitals Limited Korba with license of 6000MT. Product of Solar Explosive Limited well accepted in the Export market and executed order worth 10 times of the last years order. 2006 -Solar Explosives Ltd has informed that the following Directors have resigned from the Board. 1. Mr. Manish Nuwal (Resigned as Executive Director). 2. Mr. J F Salve (resigned as Independent Director). 2009 -Company name has been changed from Solar Explosives Ltd to Solar Industries India Ltd. 2010 -Solar Industries India has recommended 35% Final Dividend 2011 -Solar Industries has approved the Final Dividend of 40% 2012 -Solar Industries has recommended the Final Dividend of 50% 2013 - The Company has recommended the Final Dividend of 60% i.e. Rs. 6 per share on equity share of Rs. 10 each. 2014 - The Company has recommended a Final Dividend of Rs. 7 per Equity Share. 2015 -Solar products and services have successfully captured the needs and expectations of its valuable customers in India and abroad 2016 -the Company has bagged an order from Singareni Collieries Company Limited (SCCL) for the supply of 163911.20 MT Explosives worth Rs. 443.44 crore for the financial year 2016-17 and 2017-18. 2017 - Solar Industries India bagged a Rs 1,143-crore contract from Coal India for supply of bulk explosives. 2018 - Solar Industries India Ltd partners Eurenco for major artillery tender 2023 -Solar Ranked among the Top 5 global explosives companies. -Solar became the first Private Sector company to deliver 100% indigenous 30mm ammunition to the Indian Navy. 2024 -Indian Navy successfully tests indigenously developed explosives. 2025-The Company has secured export orders worth Rs 1,400 crore for the supply of defence products to international clients. -The Company has sinned MOU with Government of Maharashtra for Anchor Mega Defence and Aerospace Project.

The company "Solar Explosives Limited" was incorporated in the year 1995 by Mr.Satyanarayan Nuwal, Nandlal Nuwal and Kailashchandra Nuwal. The journey of "Solar" Group started in the year 1984 when a proprietary firm Solar Explosives was formed by Mr.Satyanarayan Nuwal for trading in Explosives . In this year one of the , then largest Indian Explosive manufacturing company awarded its first consignment agency to Solar Explosives. In the year 1985 Economic Explosives another proprietary firm was formed at Sholapur for trading of Explosives and Accessories made by companies other companies. During the year 1991, they became one of the largest dealers of detonators and Explosives manufactured by other reputed companies. By the year 1996, Solar established an effective trade network as well as Institutional market. Banking on strong marketing network and manufacturing experience gained in Solar Carbons the Group entered into manufacturing of Explosives by incorporating Solar Explosives Limited at Nagpur in the year 1996. In 1997 the promoters started manufacturing Detonators under Economic Explosives Limited. Also in 1997 the promoters started manufacturing non Explosive component required for manufacturing detonators under Solar Components Private Limited. In the year 2000 the promoters under Solar Capitals Limited started manufacturing of Bulk Explosives. In September 2005, Solar Explosives Limited acquired all the shares from the promoters of Economic Explosives Limited, Solar Capitals Limited and Solar Component Limited by swapping their holding with the shares of Solar Explosives Limited to make the three companies its wholly owned subsidiary. Year Key Events, Milestones and Achievements 1984 Solar Explosives started trading of Explosives and Accessories at Chandrapur and received consignment agency from leading manufacturing company. 1985 Established Economic Explosives at Sholapur for trading of Explosives and Accessories made by various companies. 1996 Solar Explosives Limited started production with License capacity of 6000MT. 1997 Incorporation and Commencement of Solar Component Private Limited. 1998 Economic Explosives Limited started production with License capacity of 30 Mn.Nos Detonators. 2000 Started Bulk Plant of Solar Capitals Limited in Waidhan with capacity 6000MT. 2001 Imported first Kartridge Pack Machine from USA for cartridge Explosives. Started Bulk Plant of Solar Capitals Limited in Chandrapur with capacity of 7750MT. 2004 Imported the first of its kind high efficiency Cartridge Pack Machine Introduction of PETN in Solar Explosives Limited. Introduction of Cast Boasters in Solar Explosives Limited. Executed the first export order of Solar Explosives Limited. 2005 Started Production at Solar Capitals Limited Korba with license of 6000MT. Product of Solar Explosive Limited well accepted in the Export market and executed order worth 10 times of the last years order. 2006 -Solar Explosives Ltd has informed that the following Directors have resigned from the Board. 1. Mr. Manish Nuwal (Resigned as Executive Director). 2. Mr. J F Salve (resigned as Independent Director). 2009 -Company name has been changed from Solar Explosives Ltd to Solar Industries India Ltd. 2010 -Solar Industries India has recommended 35% Final Dividend 2011 -Solar Industries has approved the Final Dividend of 40% 2012 -Solar Industries has recommended the Final Dividend of 50% 2013 - The Company has recommended the Final Dividend of 60% i.e. Rs. 6 per share on equity share of Rs. 10 each. 2014 - The Company has recommended a Final Dividend of Rs. 7 per Equity Share. 2015 -Solar products and services have successfully captured the needs and expectations of its valuable customers in India and abroad 2016 -the Company has bagged an order from Singareni Collieries Company Limited (SCCL) for the supply of 163911.20 MT Explosives worth Rs. 443.44 crore for the financial year 2016-17 and 2017-18. 2017 - Solar Industries India bagged a Rs 1,143-crore contract from Coal India for supply of bulk explosives. 2018 - Solar Industries India Ltd partners Eurenco for major artillery tender 2023 -Solar Ranked among the Top 5 global explosives companies. -Solar became the first Private Sector company to deliver 100% indigenous 30mm ammunition to the Indian Navy. 2024 -Indian Navy successfully tests indigenously developed explosives. 2025-The Company has secured export orders worth Rs 1,400 crore for the supply of defence products to international clients. -The Company has sinned MOU with Government of Maharashtra for Anchor Mega Defence and Aerospace Project.

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Parent Organisation

Solar Industries India Ltd.

Founded

24/02/1995

Managing Director

Mr.Manish Nuwal

NSE Symbol

SOLARINDSEQ

FAQ

The current price of Solar Industries India Ltd is ₹ 15845.00.

The 52-week high for Solar Industries India Ltd is ₹ 15895.00 and the 52-week low is ₹ 15407.00.

The market capitalization of Solar Industries India Ltd is currently ₹ 143381.49. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Solar Industries India Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Solar Industries India Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Solar Industries India Ltd shares.

The CEO of Solar Industries India Ltd is Mr.Manish Nuwal, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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