Sector
Aerospace & DefenceOpen
₹17,290Prev. Close
₹17,266Turnover(Lac.)
₹1,11,017.28Day's High
₹17,795Day's Low
₹17,15152 Week's High
₹17,36852 Week's Low
₹8,482.5Book Value
₹348.06Face Value
₹2Mkt Cap (₹ Cr.)
1,58,212.81P/E
197.47EPS
88.75Divi. Yield
0.0616 May 2024
12:00 AM
BookCloser
16 May 2024
12:00 AM
AGM
Announcement Date: 16 May, 2024
16 May 2024
12:00 AM
Dividend
Dividend Amount: 8.5
Record Date: 04 Jul, 2024
12 May 2025
12:00 AM
Board Meeting
Agenda : Audited Result
As of 2:30 PM on Monday, Solar Industries shares were trading 0.42% higher at ₹17,067 apiece.
Revenue increased 34.5% YoY to ₹2,166.6 crore, compared to ₹1,610.7 crore in Q4 FY24.
The contract is likely to play an important role in enhancing India's defence manufacturing capabilities and is in line with the government's vision of self-reliance in the defence segment.
Solar Industries witnessed a 55% increase in net profit for the December quarter, reaching ₹314.87 crore, compared to the ₹203 crore reported in the same quarter last year
The announcement was made after signing a memorandum of understanding (MoU) at the World Economic Forum in Davos, Switzerland on January 22, 2025.
| Y/e 31 Mar( In .Cr) | Mar-2024 | Mar-2023 | Mar-2022 | Mar-2021 |
|---|---|---|---|---|
Equity Capital | 18.1 | 18.1 | 18.1 | 18.1 |
Preference Capital | 0 | 0 | 0 | 0 |
Reserves | 2,328.37 | 1,749.35 | 1,347.49 | 1,138.71 |
Net Worth | 2,346.47 | 1,767.45 | 1,365.59 | 1,156.81 |
Minority Interest |
| Y/e 31 Mar( In .Cr) | Mar-2022 | Mar-2021 | Mar-2020 | Mar-2018 |
|---|---|---|---|---|
Revenue | 2,528.34 | 1,584.4 | 1,511.54 | 1,273.27 |
yoy growth (%) | 59.57 | 4.82 | 18.71 | 11.95 |
Raw materials | -1,782.18 | -1,023.4 | -960.44 | -821.95 |
As % of sales | 70.48 | 64.59 | 63.54 | 64.55 |
Employee costs | -131.89 | -95.98 | -94.1 | -69 |
| Y/e 31 Mar( In .Cr) | Mar-2022 | Mar-2021 | Mar-2020 | Mar-2018 |
|---|---|---|---|---|
Profit before tax | 353.02 | 253.22 | 252.44 | 205.42 |
Depreciation | -49.44 | -37.98 | -33.96 | -26.09 |
Tax paid | -91.5 | -64.15 | -39.04 | -71.16 |
Working capital | -3 | 15 | 66.36 | -47.76 |
Other operating items |
| Y/e 31 Mar | Mar-2022 | Mar-2021 | Mar-2020 | Mar-2018 |
|---|---|---|---|---|
Growth matrix (%) | ||||
Revenue growth | 59.57 | 4.82 | 18.71 | 11.95 |
Op profit growth | 37.87 | 3.36 | 15.69 | 4.92 |
EBIT growth | 39.32 | -1.84 | 20.46 | 4.12 |
Net profit growth | 38.31 | -11.4 | 58.94 | 1.26 |
| Particulars (Rupees in Crores.) | Mar-2025 | Mar-2024 | Mar-2023 | Mar-2022 | Mar-2021 |
|---|---|---|---|---|---|
Gross Sales | 7,540.26 | 6,069.52 | 6,922.53 | 3,947.61 | 2,515.63 |
Excise Duty | 0 | 0 | 0 | 0 | 0 |
Net Sales | 7,540.26 | 6,069.52 | 6,922.53 | 3,947.61 | 2,515.63 |
Other Operating Income | 0 | 0 | 0 | 0 | 0 |
Other Income | 76.38 | 44.82 | 31.52 | 19.66 | 21.42 |
Company Name | LTP (₹) | P/E (%) | Mkt.Cap (₹Cr.) | NP Qtr (₹Cr.) | Div.Yield (%) | Sales Qtr (₹.Cr) | Book Value (₹) |
|---|---|---|---|---|---|---|---|
Hindustan Aeronautics Ltd HAL | 4,817.1 | 38.75 | 3,22,068.66 | 3,958.25 | 0.52 | 13,699.87 | 520.99 |
Bharat Electronics Ltd BEL | 410.1 | 56.72 | 2,99,737.48 | 2,104.78 | 0.59 | 9,119.71 | 26.94 |
Solar Industries India Ltd SOLARINDS | 17,266 | 194.56 | 1,56,250.54 | 227.03 | 0.06 | 1,299.28 | 338.92 |
Mazagon Dock Shipbuilders Ltd MAZDOCK | 3,121.9 | 54.16 | 1,25,915.07 | 326.97 | 0.41 | 3,174.41 | 178.01 |
Bharat Dynamics Ltd BDL | 1,827.3 | 121.92 | 66,994.8 | 272.77 | 0.47 | 1,800.55 | 109.36 |
Figures of Market Capital(Mar Cap), Quarterly Net Profit(NP Qtr) and Quarterly Sales(Sales Qtr) are in ₹ Cr.
Chairman (Non-Executive)
Satyanarayan Nuwal
Managing Director & CEO
Manish Nuwal
Company Sec. & Compli. Officer
Khushboo Pasari
Whole-time Director
Suresh Menon
Whole-time Director
Milind Deshmukh
Independent Director
Natrajh Ramakrishna
Independent Director
Jagdish Chandra Belwal
Independent Director
Rashmi Prasad
Independent Director
Dinesh Kumar Batra
Solar House 14 Kachimet,
Amravati Road,
Maharashtra - 440023
Tel: 91-0712-2561000/2560010/6681888
Website: http://www.solargroup.com
Email: [email protected]; investor.relations@solargrou
C-101 247 Park,
L B S Marg, Vikhroli West,
Mumbai-400083
Tel: 91-22-49186000
Website: www.linkintime.co.in
Email: [email protected]
Summary
Solar Industries India Limited is engaged in manufacturing of complete range of industrial explosives and explosive initiating devices. It manufactures various types of packaged emulsion explosives, b...
Read More
Reports by Solar Industries India Ltd
What is the Solar Industries India Ltd share price today?
What is the Market Cap of Solar Industries India Ltd?
What is the PE and PB ratio of Solar Industries India Ltd?
What is the 52 Week High and Low of Solar Industries India Ltd?
What is the CAGR of Solar Industries India Ltd?
What is the shareholding pattern of Solar Industries India Ltd?
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
