India · Delayed Price · Currency is INR Solar Industries India Statistics
Total Valuation
NSE:SOLARINDS has a market cap or net worth of INR 1.66 trillion. The enterprise value is 1.68 trillion.
| Market Cap | 1.66T |
| Enterprise Value | 1.68T |
Important Dates
The next estimated earnings date is Friday, August 7, 2026.
| Earnings Date | Aug 7, 2026 |
| Ex-Dividend Date | Jul 28, 2026 |
Share Statistics
NSE:SOLARINDS has 90.49 million shares outstanding.
| Current Share Class | 90.49M |
| Shares Outstanding | 90.49M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -0.01% |
| Owned by Insiders (%) | 43.92% |
| Owned by Institutions (%) | 17.40% |
| Float | 23.87M |
Valuation Ratios
The trailing PE ratio is 99.20 and the forward PE ratio is 68.63. NSE:SOLARINDS's PEG ratio is 2.45.
| PE Ratio | 99.20 |
| Forward PE | 68.63 |
| PS Ratio | 16.92 |
| PB Ratio | 25.41 |
| P/TBV Ratio | 27.67 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 268.04 |
| PEG Ratio | 2.45 |
Enterprise Valuation
| EV / Earnings | 99.99 |
| EV / Sales | 17.05 |
| EV / EBITDA | 63.65 |
| EV / EBIT | 70.12 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.06, with a Debt / Equity ratio of 0.23.
| Current Ratio | 2.06 |
| Quick Ratio | 1.01 |
| Debt / Equity | 0.23 |
| Debt / EBITDA | 0.58 |
| Debt / FCF | -1.36 |
| Interest Coverage | 17.85 |
Financial Efficiency
Return on equity (ROE) is 31.23% and return on invested capital (ROIC) is 26.26%.
| Return on Equity (ROE) | 31.23% |
| Return on Assets (ROA) | 15.56% |
| Return on Invested Capital (ROIC) | 26.26% |
| Return on Capital Employed (ROCE) | 28.24% |
| Weighted Average Cost of Capital (WACC) | 5.68% |
| Revenue Per Employee | 41.84M |
| Profits Per Employee | 7.14M |
| Employee Count | 2,351 |
| Asset Turnover | 1.02 |
| Inventory Turnover | 3.00 |
Taxes
In the past 12 months, NSE:SOLARINDS has paid 6.29 billion in taxes.
| Income Tax | 6.29B |
| Effective Tax Rate | 26.58% |
Stock Price Statistics
The stock price has increased by +26.89% in the last 52 weeks. The beta is 0.26, so NSE:SOLARINDS's price volatility has been lower than the market average.
| Beta (5Y) | 0.26 |
| 52-Week Price Change | +26.89% |
| 50-Day Moving Average | 18,193.14 |
| 200-Day Moving Average | 14,870.82 |
| Relative Strength Index (RSI) | 51.93 |
| Average Volume (20 Days) | 120,235 |
Short Selling Information
| Short Interest | n/a |
| Short Previous Month | n/a |
| Short % of Shares Out | n/a |
| Short % of Float | n/a |
| Short Ratio (days to cover) | n/a |
Income Statement
In the last 12 months, NSE:SOLARINDS had revenue of INR 98.38 billion and earned 16.78 billion in profits. Earnings per share was 185.39.
| Revenue | 98.38B |
| Gross Profit | 48.40B |
| Operating Income | 23.92B |
| Pretax Income | 23.65B |
| Net Income | 16.78B |
| EBITDA | 26.14B |
| EBIT | 23.92B |
| Earnings Per Share (EPS) | 185.39 |
Balance Sheet
The company has 4.81 billion in cash and 15.24 billion in debt, with a net cash position of -10.43 billion or -115.30 per share.
| Cash & Cash Equivalents | 4.81B |
| Total Debt | 15.24B |
| Net Cash | -10.43B |
| Net Cash Per Share | -115.30 |
| Equity (Book Value) | 65.49B |
| Book Value Per Share | 693.69 |
| Working Capital | 25.89B |
Cash Flow
In the last 12 months, operating cash flow was 6.21 billion and capital expenditures -17.39 billion, giving a free cash flow of -11.18 billion.
| Operating Cash Flow | 6.21B |
| Capital Expenditures | -17.39B |
| Depreciation & Amortization | 2.22B |
| Net Borrowing | 4.70B |
| Free Cash Flow | -11.18B |
| FCF Per Share | -123.58 |
Margins
Gross margin is 49.20%, with operating and profit margins of 24.31% and 17.05%.
| Gross Margin | 49.20% |
| Operating Margin | 24.31% |
| Pretax Margin | 24.04% |
| Profit Margin | 17.05% |
| EBITDA Margin | 26.57% |
| EBIT Margin | 24.31% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of 11.00, which amounts to a dividend yield of 0.06%.
| Dividend Per Share | 11.00 |
| Dividend Yield | 0.06% |
| Dividend Growth (YoY) | 10.00% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 5.39% |
| Buyback Yield | n/a |
| Shareholder Yield | 0.06% |
| Earnings Yield | 1.01% |
| FCF Yield | -0.67% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
Analyst Forecast
The average price target for NSE:SOLARINDS is 19,375.62, which is 5.53% higher than the current price. The consensus rating is "Buy".
| Price Target | 19,375.62 |
| Price Target Difference | 5.53% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
| Revenue Growth Forecast (3Y) | 26.13% |
| EPS Growth Forecast (3Y) | 28.22% |
Stock Splits
The last stock split was on July 13, 2016. It was a forward split with a ratio of 5.
| Last Split Date | Jul 13, 2016 |
| Split Type | Forward |
| Split Ratio | 5 |
Scores
NSE:SOLARINDS has an Altman Z-Score of 20.1 and a Piotroski F-Score of 5.
| Altman Z-Score | 20.1 |
| Piotroski F-Score | 5 |