SOLARINDS logo

Solar Industries

(NSE: SOLARINDS)

SOLARINDS

3986.7

0.00 (0.00%)

Solar Industries Price Chart

Note: The data used to display charts is delayed by 15 mins as per guidelines.

Solar Industries Price Chart

Note: The data used to display charts is delayed by 15 mins as per guidelines.

Solar Industries Price Summary

Today High

4047.8

Today Low

3966

52 Week High

4047.8

52 Week Low

3966

Solar Industries Fundamentals

Market Cap

26530.8 Cr

CASA

0.0

No. Of Shares

9.0 Cr

P/E

61.2

P/B

10.0

Face Value

2.0

Dividend Yeild

0.5

Book Value

127.8

Net Interest Income

16.1 Cr

Cost to Income

NA

Promoter Holdings

73.2

EPS

20.9 Cr

CAR

NA

ROE

17.4

ROCE

21.4

Profit Growth

NA

Solar Industries Peer Comparison

COMPANY

PRICE

MCAP (cr)

P/B

P/E

EPS

ROE

ROCE

NII

Solar Industries

3986.7

26530.8 Cr

10.0

61.2

20.9 Cr

17.4

21.4

16.1 Cr

Tata Chemicals

1120.1

26335.4 Cr

1.4

39.9

18.8 Cr

3.8

5.0

65.8 Cr

Atul

9135

26215.4 Cr

5.6

33.2

213.2 Cr

18.6

24.5

17.9 Cr

Dalmia Bharat

1581.65

28162.4 Cr

4.0

1.2K

1.4 Cr

0.3

0.6

45.0 Cr

Gujarat Fluorochem

3996.95

29899.5 Cr

1.8

0.0

-20.77 L

-6.4

11.2

104.9 Cr

Aarti Industries

757.55

30812.8 Cr

6.7

22.3

29.5 Cr

16.3

12.8

0.0

FAQ’s on Solar Industries

About Solar Industries

Solar Explosives, a Solar group company was incorporated on February 24, 1995 by Satyanarayan Nuwal, Nandlal Nuwal and Kailashchandra Nuwal. The journey of “Solar” Group started in the year 1984 when a proprietary firm Solar Explosives was formed by Satyanarayan Nuwal for trading in Explosives. In this year one of the, then largest Indian Explosive manufacturing company awarded its first consignment agency to Solar Explosives. The name of Solar Explosives Limited got changed to Solar Industries India Limited and the trading symbol of the company on NSE was changed from SOLAREX to SOLARINDS with effect from April 13, 2009.

Solar Group has evolved from a single site manufacturing company in 1995 to a globally recognised Industrial Explosives manufacturer today. With extensive experience, expertise and potential founded on years of experience in the Industrial Explosives segment, the company has entered into Defence and setup one of the world’s most integrated facilities for Ammunition.

Its innovation edge is rooted in a strategic blend of talented manpower and technological prowess. The company bank on its rich experience to create sustainable value and intend to accelerate towards excellence at an impressive pace. The company employ a comprehensive suite of robust best practice policies, and are committed to the safety, health, and wellbeing of people, communities and the environment.

Business area of the company

The company is one of the largest domestic manufacturer and supplier of bulk and cartridge explosives, detonators, detonating cords, and components.

Products

  • Industrial Explosives
  • Defence

Milestones

  • 1983: Commenced explosives trading business
  • 1996: Started production of Detonators
  • 1998: Added Detonating Cord, Cast Booster and PETN to product portfolio
  • 2000: Commenced production of Packaged Explosives after being incorporated in 1995
  • 2001: Commenced production of Bulk Explosives
  • 2006: Listed shares on Bombay Stock Exchange and National Stock Exchange
  • 2006: Commenced Exports
  • 2007: Extended India presence by setting up new bulk plants
  • 2009: Emerged as India’s largest explosives manufacturer
  • 2009: Set up manufacturing units at Zambia and Nigeria
  • 2010: Ventured into Defence Segment for manufacturing HMX and Propellants
  • 2011-12: Set up manufacturing unit at Turkey
  • 2013: Commenced manufacturing of 3-layer shock tubes.
  • 2013: Started commercial production of Electronic Detonators
  • 2013: Introduced underground Bulk Explosives
  • 2015: Started supplying HMX and HMX Compounds
  • 2016: Set up facilities to manufacture Warhead Filling, Pyros, Ignitors, Propellants for Pinaka Mark-II
  • 2017: Operationalised plant in South Africa. Started getting Bulk Defence Order
  • 2018: Started Export of Defence Products
  • 2018: Received TOT for mass production of Crucial Solid Propellant Booster of BrahMos missiles
  • 2019: Defence turnover stood at Rs 170.20 crore for FY 18-19
  • 2020: Celebrating 25 Years of excellence in the field of Explosives

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