Solar Industries India Limited (NSE:SOLARINDS)
India flag India · Delayed Price · Currency is INR
19,400
-300 (-1.52%)
Oct 1, 2026, 3:14 PM IST

Solar Industries India Stock Forecast

Stock Price Forecast

According to 17 analysts polled by S&P Global, Solar Industries India stock has a consensus rating of "Buy" and an average price target of ₹22,455. The average 1-year stock price forecast is 15.75% higher than the current stock price, while the lowest is ₹11,200 (-42.27%) and the highest is ₹28,160 (+45.15%).

Price Target: ₹22,455 (+15.75%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹11,200₹22,455₹23,000₹28,160
Change-42.27%+15.75%+18.56%+45.15%

Analyst Ratings

The average analyst rating for Solar Industries India stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingFeb '26Apr '26May '26Jul '26Aug '26Sep '26
Strong Buy671010811
Buy221122
Hold111123
Sell000000
Strong Sell000111
Total91012131317

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
ICICI Securities
ICICI Securities
Buy
Maintains
₹23,200
BuyMaintains₹23,200+19.59%Sep 16, 2026

Financial Forecast

Revenue This Year
141.46B
from 98.38B
Increased by 43.80%
Revenue Next Year
174.84B
from 141.46B
Increased by 23.59%
EPS This Year
280.74
from 185.39
Increased by 51.43%
EPS Next Year
351.10
from 280.74
Increased by 25.06%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
39.48B69.23B60.70B75.40B98.38B141.46B
Revenue Growth
56.92%75.36%-12.32%24.23%30.47%43.80%
Gross Profit
15.90B25.38B28.27B35.00B48.40B70.93B
Gross Margin
40.28%36.67%46.57%46.42%49.20%50.14%
Operating Income
6.89B12.66B14.23B17.62B23.92B35.65B
Net Income
4.41B7.57B8.36B12.09B16.78B25.50B
EPS
----185.39280.74
EPS Growth
----38.71%51.43%
Forward PE
52.2939.9472.0269.1655.2469.10
Dividend / Share
7.508.008.5010.0011.0013.38
Dividend Growth
25.00%6.67%6.25%17.65%10.00%21.62%
Free Cash Flow
-----11.18B3.17B
No. Analysts
-----17
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High149.6B
Avg141.5B
Low136.4B

Revenue Growth

Revenue Growth202720282029
High
52.0%
Avg
43.8%
Low
38.6%

EPS Forecast

EPS202720282029
High308.20
Avg280.74
Low257.50

EPS Growth

EPS Growth202720282029
High
66.2%
Avg
51.4%
Low
38.9%