Solar Industries India Stock Forecast

Stock Price Forecast

According to 12 analysts polled by S&P Global, Solar Industries India stock has a consensus rating of "Strong Buy" and an average price target of ₹20,132. The average 1-year stock price forecast is 10.41% higher than the current stock price, while the lowest is ₹18,575 (+1.88%) and the highest is ₹22,004 (+20.68%).

Price Target: ₹20,132 (+10.41%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	₹18,575	₹20,132	₹20,182	₹22,004
Change	+1.88%	+10.41%	+10.69%	+20.68%

* Price targets were last updated on Feb 5, 2026.

Analyst Ratings

The average analyst rating for Solar Industries India stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Apr '26	May '26	Jul '26
Strong Buy	6	6	6	7	10	10
Buy	0	0	2	2	1	1
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	9	10	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vijay Goel ICICI Securities	ICICI Securities	Buy Maintains ₹16,700	Buy	Maintains	₹16,700	-8.41%	Feb 5, 2026

Financial Forecast

Revenue This Year

137.94B

from 98.38B

40.21%

from 98.38B

Revenue Next Year

169.57B

from 137.94B

22.93%

from 137.94B

EPS This Year

267.97

from 185.39

44.55%

from 185.39

EPS Next Year

333.09

from 267.97

24.30%

from 267.97

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	39.48B	69.23B	60.70B	75.40B	98.38B	137.94B
Revenue Growth	56.92%	75.36%	-12.32%	24.23%	30.47%	40.21%
Gross Profit	15.90B	25.38B	28.27B	35.71B	49.44B	68.76B
Gross Margin	40.28%	36.67%	46.57%	47.36%	50.26%	49.85%
Operating Income	6.89B	12.66B	14.23B	17.62B	23.71B	33.95B
Net Income	4.41B	7.57B	8.36B	12.09B	16.78B	24.41B
EPS	-	-	-	-	185.39	267.97
EPS Growth	-	-	-	-	38.71%	44.55%
Forward PE	52.29	39.94	72.02	69.16	55.24	68.04
Dividend / Share	7.50	8.00	8.50	10.00	11.00	15.03
Dividend Growth	-	6.67%	6.25%	17.65%	10.00%	36.67%
Free Cash Flow	-756.69M	-236.05M	5.04B	-471.98M	-13.15B	240.50M
No. Analysts	-	-	-	-	-	13

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	141.4B
Avg	137.9B
Low	132.8B

Revenue Growth

Revenue Growth	2027	2028	2029
High	43.8%
Avg	40.2%
Low	34.9%

EPS Forecast

EPS	2027	2028	2029
High	287.60
Avg	267.97
Low	252.90

EPS Growth

EPS Growth	2027	2028	2029
High	55.1%
Avg	44.5%
Low	36.4%