Solar Industries India Limited (NSE:SOLARINDS)
India flag India · Delayed Price · Currency is INR
19,250
+279 (1.47%)
Nov 12, 2026, 2:10 PM IST

Solar Industries India Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, Solar Industries India stock has a consensus rating of "Buy" and an average price target of ₹22,775. The average 1-year stock price forecast is 18.31% higher than the current stock price, while the lowest is ₹12,300 (-36.10%) and the highest is ₹28,200 (+46.49%).

Price Target: ₹22,775 (+18.31%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹12,300₹22,775₹23,162₹28,200
Change-36.10%+18.31%+20.32%+46.49%
* Price targets were last updated on Sep 16, 2026.

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
RatingMay '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy10108111112
Buy112211
Hold112332
Sell000000
Strong Sell011111
Total121313171616

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
ICICI Securities
ICICI Securities
Buy
Maintains
₹23,200
BuyMaintains₹23,200+20.52%Sep 16, 2026

Financial Forecast

Revenue This Year
147.97B
from 98.38B
Increased by 50.41%
Revenue Next Year
210.85B
from 147.97B
Increased by 42.50%
EPS This Year
295.79
from 185.39
Increased by 59.55%
EPS Next Year
367.46
from 295.79
Increased by 24.23%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
39.48B69.23B60.70B75.40B98.38B147.97B
Revenue Growth
56.92%75.36%-12.32%24.23%30.47%50.41%
Gross Profit
15.90B25.38B28.27B35.00B48.40B74.28B
Gross Margin
40.28%36.67%46.57%46.42%49.20%50.20%
Operating Income
6.89B12.66B14.23B17.62B23.92B38.14B
Net Income
4.41B7.57B8.36B12.09B16.78B27.16B
EPS
----185.39295.79
EPS Growth
----38.71%59.55%
Forward PE
52.2939.9472.0269.1655.2465.08
Dividend / Share
7.508.008.5010.0011.0014.74
Dividend Growth
25.00%6.67%6.25%17.65%10.00%34.03%
Free Cash Flow
-----11.18B3.23B
No. Analysts
-----11
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High159.5B
Avg148.0B
Low140.4B

Revenue Growth

Revenue Growth202720282029
High
62.1%
Avg
50.4%
Low
42.7%

EPS Forecast

EPS202720282029
High330.50
Avg295.79
Low272.70

EPS Growth

EPS Growth202720282029
High
78.3%
Avg
59.5%
Low
47.1%