Solar Industries India Limited Logo

Solar Industries India Limited

SOLARINDS.NS

(3.8)
Stock Price

10.865,50 INR

15.86% ROA

59.02% ROE

81.84x PER

Market Cap.

622.128.159.494,00 INR

36.96% DER

0.11% Yield

12.87% NPM

Solar Industries India Limited Stock Analysis

Solar Industries India Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Solar Industries India Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (67.73%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a minimal amount of debt (37%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Net Profit Growth

Throughout the past five years, this company has consistently experienced net profit growth, indicating a strong financial performance and making it an attractive investment prospect.

5 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

6 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

7 Revenue Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

8 Dividend Growth

The company's dividend growth has shown a positive trajectory over the past three years, consistently increasing year after year, indicating a favorable trend for potential investors.

9 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (81.353), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

10 PBV

The stock's high Price-to-Book Value (P/BV) ratio (23.39x) suggests it's overvalued, potentially making it an expensive investment.

11 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

Solar Industries India Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Solar Industries India Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Buy
4 Stoch RSI Sell

Solar Industries India Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Solar Industries India Limited Revenue
Year Revenue Growth
2005 1.493.665.425
2006 2.061.277.910 27.54%
2007 2.809.577.000 26.63%
2008 4.877.913.000 42.4%
2009 5.574.138.000 12.49%
2010 7.228.581.000 22.89%
2011 9.675.750.000 25.29%
2012 11.218.136.000 13.75%
2013 11.329.589.000 0.98%
2014 13.518.945.000 16.19%
2015 15.381.600.000 12.11%
2016 15.792.800.000 2.6%
2017 19.161.200.000 17.58%
2018 24.615.700.000 22.16%
2019 21.832.800.000 -12.75%
2020 24.545.100.000 11.05%
2021 38.285.100.000 35.89%
2022 68.043.500.000 43.73%
2023 53.898.400.000 -26.24%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Solar Industries India Limited Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 181.200.000 100%
2019 164.800.000 -9.95%
2020 151.900.000 -8.49%
2021 135.700.000 -11.94%
2022 102.600.000 -32.26%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Solar Industries India Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 238.334.000 100%
2012 94.355.000 -152.59%
2013 51.147.000 -84.48%
2014 118.033.000 56.67%
2015 67.400.000 -75.12%
2016 178.800.000 62.3%
2017 251.200.000 28.82%
2018 163.200.000 -53.92%
2019 198.800.000 17.91%
2020 240.700.000 17.41%
2021 497.000.000 51.57%
2022 473.200.000 -5.03%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Solar Industries India Limited EBITDA
Year EBITDA Growth
2005 367.063.704
2006 -970.852.396 137.81%
2007 710.054.000 236.73%
2008 957.333.000 25.83%
2009 1.119.978.000 14.52%
2010 1.484.729.000 24.57%
2011 1.916.492.000 22.53%
2012 1.974.139.000 2.92%
2013 2.224.130.000 11.24%
2014 2.677.739.000 16.94%
2015 3.123.900.000 14.28%
2016 3.420.100.000 8.66%
2017 4.377.300.000 21.87%
2018 5.340.000.000 18.03%
2019 4.903.600.000 -8.9%
2020 5.704.500.000 14.04%
2021 7.599.600.000 24.94%
2022 13.821.700.000 45.02%
2023 13.723.680.000 -0.71%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Solar Industries India Limited Gross Profit
Year Gross Profit Growth
2005 1.493.665.425
2006 772.818.780 -93.27%
2007 2.809.577.000 72.49%
2008 4.877.913.000 42.4%
2009 5.574.138.000 12.49%
2010 7.278.313.000 23.41%
2011 3.660.070.000 -98.86%
2012 4.619.938.000 20.78%
2013 5.288.738.000 12.65%
2014 5.728.380.000 7.67%
2015 6.559.800.000 12.67%
2016 6.614.300.000 0.82%
2017 8.409.000.000 21.34%
2018 10.447.000.000 19.51%
2019 9.537.600.000 -9.53%
2020 10.943.900.000 12.85%
2021 14.839.800.000 26.25%
2022 24.372.200.000 39.11%
2023 27.789.600.000 12.3%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Solar Industries India Limited Net Profit
Year Net Profit Growth
2005 221.604.295
2006 192.163.473 -15.32%
2007 361.178.000 46.8%
2008 441.363.000 18.17%
2009 585.937.000 24.67%
2010 755.966.000 22.49%
2011 1.012.035.000 25.3%
2012 1.162.923.000 12.97%
2013 1.184.415.000 1.81%
2014 1.474.069.000 19.65%
2015 1.661.400.000 11.28%
2016 1.854.400.000 10.41%
2017 2.205.500.000 15.92%
2018 2.616.100.000 15.7%
2019 2.674.300.000 2.18%
2020 2.763.500.000 3.23%
2021 4.412.800.000 37.38%
2022 7.571.900.000 41.72%
2023 8.005.600.000 5.42%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Solar Industries India Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 4
2006 2 -50%
2007 4 50%
2008 5 20%
2009 7 16.67%
2010 9 25%
2011 12 27.27%
2012 13 15.38%
2013 13 0%
2014 16 18.75%
2015 18 11.11%
2016 21 10%
2017 24 16.67%
2018 29 14.29%
2019 30 3.45%
2020 31 3.33%
2021 49 37.5%
2022 84 42.17%
2023 88 5.68%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Solar Industries India Limited Free Cashflow
Year Free Cashflow Growth
2005 -920.680.668
2006 -104.100.000 -784.42%
2007 -54.680.000 -90.38%
2008 719.822.000 107.6%
2009 185.318.000 -288.43%
2010 -634.407.000 129.21%
2011 -882.869.000 28.14%
2012 -103.435.000 -753.55%
2013 83.737.000 223.52%
2014 910.221.000 90.8%
2015 662.700.000 -37.35%
2016 9.300.000 -7025.81%
2017 672.500.000 98.62%
2018 58.600.000 -1047.61%
2019 836.900.000 93%
2020 917.200.000 8.75%
2021 103.600.000 -785.33%
2022 1.773.700.000 94.16%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Solar Industries India Limited Operating Cashflow
Year Operating Cashflow Growth
2005 -186.181.812
2006 -104.100.000 -78.85%
2007 71.034.000 246.55%
2008 1.006.437.000 92.94%
2009 421.947.000 -138.52%
2010 330.857.000 -27.53%
2011 399.153.000 17.11%
2012 1.017.549.000 60.77%
2013 1.699.536.000 40.13%
2014 2.304.890.000 26.26%
2015 2.146.900.000 -7.36%
2016 1.761.400.000 -21.89%
2017 2.916.300.000 39.6%
2018 2.584.500.000 -12.84%
2019 3.248.100.000 20.43%
2020 3.566.800.000 8.94%
2021 2.978.000.000 -19.77%
2022 6.564.800.000 54.64%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Solar Industries India Limited Capital Expenditure
Year Capital Expenditure Growth
2005 734.498.856
2006 0 0%
2007 125.714.000 100%
2008 286.615.000 56.14%
2009 236.629.000 -21.12%
2010 965.264.000 75.49%
2011 1.282.022.000 24.71%
2012 1.120.984.000 -14.37%
2013 1.615.799.000 30.62%
2014 1.394.669.000 -15.86%
2015 1.484.200.000 6.03%
2016 1.752.100.000 15.29%
2017 2.243.800.000 21.91%
2018 2.525.900.000 11.17%
2019 2.411.200.000 -4.76%
2020 2.649.600.000 9%
2021 2.874.400.000 7.82%
2022 4.791.100.000 40.01%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Solar Industries India Limited Equity
Year Equity Growth
2005 1.546.298.253
2006 1.708.029.271 9.47%
2007 1.858.219.000 8.08%
2008 2.208.376.000 15.86%
2009 2.652.438.000 16.74%
2010 3.160.396.000 16.07%
2011 4.046.002.000 21.89%
2012 5.727.040.000 29.35%
2013 6.615.741.000 13.43%
2014 7.758.829.000 14.73%
2015 8.675.700.000 10.57%
2016 9.285.900.000 6.57%
2017 10.838.600.000 14.33%
2018 12.858.800.000 15.71%
2019 14.316.000.000 10.18%
2020 16.421.000.000 12.82%
2021 20.149.100.000 18.5%
2022 27.507.000.000 26.75%
2023 29.734.200.000 7.49%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Solar Industries India Limited Assets
Year Assets Growth
2005 2.378.154.017
2006 2.996.665.396 20.64%
2007 3.279.153.000 8.61%
2008 4.501.564.000 27.16%
2009 5.402.245.000 16.67%
2010 6.611.084.000 18.29%
2011 8.993.848.000 26.49%
2012 11.079.719.000 18.83%
2013 13.524.941.000 18.08%
2014 13.891.895.000 2.64%
2015 15.455.400.000 10.12%
2016 17.218.000.000 10.24%
2017 19.951.100.000 13.7%
2018 22.820.100.000 12.57%
2019 25.323.200.000 9.88%
2020 30.297.100.000 16.42%
2021 37.243.000.000 18.65%
2022 50.362.500.000 26.05%
2023 51.544.300.000 2.29%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Solar Industries India Limited Liabilities
Year Liabilities Growth
2005 831.855.763
2006 1.287.906.125 35.41%
2007 1.420.313.000 9.32%
2008 2.292.567.000 38.05%
2009 2.749.186.000 16.61%
2010 3.176.161.000 13.44%
2011 4.569.800.000 30.5%
2012 4.947.238.000 7.63%
2013 6.528.171.000 24.22%
2014 5.661.650.000 -15.31%
2015 6.214.200.000 8.89%
2016 7.529.500.000 17.47%
2017 8.638.700.000 12.84%
2018 9.961.300.000 13.28%
2019 11.007.200.000 9.5%
2020 13.876.100.000 20.68%
2021 17.093.900.000 18.82%
2022 22.855.500.000 25.21%
2023 21.810.100.000 -4.79%

Solar Industries India Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
735.17
Net Income per Share
89.32
Price to Earning Ratio
81.84x
Price To Sales Ratio
9.35x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
23.14
EV to Sales
9.48
EV Over EBITDA
43.13
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0.01
FreeCashFlow Yield
0
Market Cap
622,13 Bil.
Enterprise Value
630,44 Bil.
Graham Number
796.84
Graham NetNet
-79.86

Income Statement Metrics

Net Income per Share
89.32
Income Quality
0
ROE
0.59
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.7
EBT Per Ebit
0.88
Ebit per Revenue
0.21
Effective Tax Rate
0.26

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.43
Operating Profit Margin
0.21
Pretax Profit Margin
0.18
Net Profit Margin
0.13

Dividends

Dividend Yield
0
Dividend Yield %
0.11
Payout Ratio
0
Dividend Per Share
8

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.25
Return on Tangible Assets
0.16
Days Sales Outstanding
47.86
Days Payables Outstanding
50.1
Days of Inventory on Hand
87.51
Receivables Turnover
7.63
Payables Turnover
7.29
Inventory Turnover
4.17
Capex per Share
0

Balance Sheet

Cash per Share
36,13
Book Value per Share
315,95
Tangible Book Value per Share
322.19
Shareholders Equity per Share
315.95
Interest Debt per Share
128.52
Debt to Equity
0.37
Debt to Assets
0.2
Net Debt to EBITDA
0.57
Current Ratio
1.67
Tangible Asset Value
29,15 Bil.
Net Current Asset Value
2,92 Bil.
Invested Capital
0.37
Working Capital
9,95 Bil.
Intangibles to Total Assets
0.01
Average Receivables
4,36 Bil.
Average Payables
2,73 Bil.
Average Inventory
4773700000
Debt to Market Cap
0.02

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Solar Industries India Limited Dividends
Year Dividends Growth
2006 2
2007 3 66.67%
2008 2 -200%
2009 5 75%
2010 11 63.64%
2011 9 -22.22%
2012 10 10%
2013 11 9.09%
2014 15 26.67%
2015 18 16.67%
2016 14 -38.46%
2017 5 -160%
2018 6 16.67%
2019 7 14.29%
2020 6 -16.67%
2021 6 0%
2022 8 14.29%
2023 8 12.5%

Solar Industries India Limited Profile

About Solar Industries India Limited

Solar Industries India Limited, together with its subsidiaries, engages in the manufacture and sale of industrial explosives and explosive initiating devices in India and internationally. It offers industrial explosives, such as packaged and bulk explosives; and initiating systems, including electronic, non-electric, electric, and plain detonators, as well as cord relays, cast boosters, detonating cords, and aluminum elemented det products. The company also provides defense products, including unmanned aerial systems and drones, ammunitions, military explosives, bombs and warheads, rockets, and drones armed with guided missiles, as well as counter drone systems and initiating systems and pyros comprising fuzes, detonators, ignitors, decoys and flares, and riot control devices. It primarily serves mining, defense, and infrastructure sectors. The company was formerly known as Solar Explosives Limited and changed its name to Solar Industries India Limited in February 2009. Solar Industries India Limited was founded in 1983 and is headquartered in Nagpur, India.

CEO
Mr. Manish Satyanarayan Nuwal
Employee
1.781
Address
Solar House
Nagpur, 440023

Solar Industries India Limited Executives & BODs

Solar Industries India Limited Executives & BODs
# Name Age
1 Mr. Kedar Ambikar
General Manager of Corporate HR
70
2 Mr. Moneesh Agrawal
Joint Chief Financial Officer
70
3 Mr. Suresh Menon
Executive Director
70
4 Mr. Prashant Joshi
Senior General Manager- IT
70
5 Mr. Manish Satyanarayan Nuwal
Chief Executive Officer, MD & Executive Director
70
6 Ms. Khushboo Anish Pasari
Compliance Officer & Company Secretary
70
7 Mr. Sanjay Singh
Senior General Manager of Safety
70
8 Ms. Shalinee Mandhana
Joint Chief Financial Officer
70
9 Mr. Milind Deshmukh
Additional Whole Time Director
70

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