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 Statistics

Total Valuation

NSE:SOLARINDS has a market cap or net worth of INR 1.74 trillion. The enterprise value is 1.76 trillion.

Market Cap1.74T
Enterprise Value 1.76T

Important Dates

The last earnings date was Tuesday, November 3, 2026.

Earnings Date Nov 3, 2026
Ex-Dividend Date Jul 28, 2026

Share Statistics

NSE:SOLARINDS has 90.49 million shares outstanding. The number of shares has decreased by -0.00% in one year.

Current Share Class 90.49M
Shares Outstanding 90.49M
Shares Change (YoY) -0.00%
Shares Change (QoQ) -0.01%
Owned by Insiders (%) 43.92%
Owned by Institutions (%) 10.97%
Float 23.87M

Valuation Ratios

The trailing PE ratio is 76.96 and the forward PE ratio is 57.30. NSE:SOLARINDS's PEG ratio is 1.67.

PE Ratio 76.96
Forward PE 57.30
PS Ratio 13.42
PB Ratio 21.50
P/TBV Ratio 23.28
P/FCF Ratio n/a
P/OCF Ratio 119.69
PEG Ratio 1.67
Financial Ratio History

Enterprise Valuation

EV / Earnings 76.54
EV / Sales 13.55
EV / EBITDA 48.42
EV / EBIT 52.76
EV / FCF n/a

Financial Position

The company has a current ratio of 2.01, with a Debt / Equity ratio of 0.22.

Current Ratio 2.01
Quick Ratio 0.95
Debt / Equity 0.22
Debt / EBITDA 0.50
Debt / FCF n/a
Interest Coverage 19.00

Financial Efficiency

Return on equity (ROE) is 35.13% and return on invested capital (ROIC) is 28.57%.

Return on Equity (ROE) 35.13%
Return on Assets (ROA) 18.45%
Return on Invested Capital (ROIC) 28.57%
Return on Capital Employed (ROCE) 32.29%
Weighted Average Cost of Capital (WACC) 6.21%
Revenue Per Employee 54.39M
Profits Per Employee 9.63M
Employee Count2,351
Asset Turnover 1.15
Inventory Turnover 3.48

Taxes

In the past 12 months, NSE:SOLARINDS has paid 8.45 billion in taxes.

Income Tax 8.45B
Effective Tax Rate 26.54%

Stock Price Statistics

The stock price has increased by +39.82% in the last 52 weeks. The beta is 0.36, so NSE:SOLARINDS's price volatility has been lower than the market average.

Beta (5Y) 0.36
52-Week Price Change +39.82%
50-Day Moving Average 19,778.40
200-Day Moving Average 17,180.11
Relative Strength Index (RSI) 50.03
Average Volume (20 Days) 146,231

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 127.88 billion and earned 22.63 billion in profits. Earnings per share was 250.14.

Revenue127.88B
Gross Profit 63.88B
Operating Income 32.74B
Pretax Income 31.84B
Net Income 22.63B
EBITDA 35.47B
EBIT 32.74B
Earnings Per Share (EPS) 250.14
Full Income Statement

Balance Sheet

The company has 5.28 billion in cash and 17.88 billion in debt, with a net cash position of -12.60 billion or -139.23 per share.

Cash & Cash Equivalents 5.28B
Total Debt 17.88B
Net Cash -12.60B
Net Cash Per Share -139.23
Equity (Book Value) 79.86B
Book Value Per Share 848.02
Working Capital 30.45B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 14.34 billion and capital expenditures -18.64 billion, giving a free cash flow of -4.29 billion.

Operating Cash Flow 14.34B
Capital Expenditures -18.64B
Depreciation & Amortization 2.73B
Net Borrowing 8.16B
Free Cash Flow -4.29B
FCF Per Share -47.45
Full Cash Flow Statement

Margins

Gross margin is 49.95%, with operating and profit margins of 25.60% and 17.70%.

Gross Margin 49.95%
Operating Margin 25.60%
Pretax Margin 24.90%
Profit Margin 17.70%
EBITDA Margin 27.74%
EBIT Margin 25.60%
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 4.37%
FCF Payout Ratio n/a
Buyback Yield 0.00%
Shareholder Yield 0.06%
Earnings Yield 1.30%
FCF Yield -0.25%
Dividend Details

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
Graham Formula Value
Graham Formula Upside

Analyst Forecast

The average price target for NSE:SOLARINDS is 22,775.19, which is 18.31% higher than the current price. The consensus rating is "Buy".

Price Target 22,775.19
Price Target Difference 18.31%
Analyst Consensus Buy
Analyst Count 16
Revenue Growth Forecast (3Y) 37.21%
EPS Growth Forecast (3Y) 32.81%

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

Altman Z-Score n/a
Piotroski F-Score 6