Solar Industries India, 532725, SOLARINDS Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

1,02,200.37
90.30
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

1,03,068.65
0.08%
24.53

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

16.20
22.09
15.42

EBITDA CAGR (%)

10 Years
5 Years
3 Years

18.35
25.81
13.26

PAT CAGR (%)

10 Years
5 Years
3 Years

18.95
25.60
23.73

P:E (Median)

8 Years
5 Years
3 Years

47.80
57.48
68.94

P:BV (Average)

8 Years
5 Years
3 Years

12.68
15.10
19.24

EV:EBITDA (Average)

8 Years
5 Years
3 Years

31.53
36.52
43.22

Earnings Forecasts:

Description 2024 2025 2026 2027
Adj EPS 92.38 142.94 185.88 225.71
P/E Ratio 111.41 72 55.37 45.6
Revenue 6070 8114 9972 11744
EBITDA 1537 2028 2610 3117
Net Income 836 1293 1682 2043
ROA 15.5 23.9 25.2
P/B Ratio 28.17 21.2 15.74 12.03
ROE 28.26 32.27 31.08 28.67
FCFF 854.96 -8.1
FCFF Yield 0.92 -0.01

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Dec 24 Dec 23 Var% Sep 24 Sep 23 Var% Jun 24 Jun 23 Var% Mar 24 Mar 23 Var%
Net Sales 1,207.24 902.25 33.80% 905.49 830.34 9.05% 1,044.59 983.26 6.24% 1,001.67 1,253.46 -20.09%
Expenses 917.67 710.35 29.19% 674.37 631.15 6.85% 786.45 789.93 -0.44% 751.43 1,015.75 -26.02%
EBITDA 289.57 191.90 50.90% 231.12 199.19 16.03% 258.14 193.33 33.52% 250.24 237.71 5.27%
EBIDTM 23.99% 21.27% 25.52% 23.99% 24.71% 19.66% 24.98% 18.96%
Other Income 11.80 17.68 -33.26% 31.64 13.56 133.33% 25.78 13.92 85.20% 13.18 3.18 314.47%
Interest 7.88 7.73 1.94% 6.73 6.33 6.32% 6.24 7.64 -18.32% 7.88 11.63 -32.24%
Depreciation 19.10 16.13 18.41% 17.86 15.72 13.61% 16.93 15.32 10.51% 16.20 14.73 9.98%
PBT 274.39 185.72 47.74% 238.17 190.70 24.89% 260.75 184.29 41.49% 239.34 214.53 11.56%
Tax 69.97 47.40 47.62% 60.71 49.52 22.60% 66.55 46.88 41.96% 59.95 56.47 6.16%
PAT 204.42 138.32 47.79% 177.46 141.18 25.70% 194.20 137.41 41.33% 179.39 158.06 13.49%
PATM 16.93% 15.33% 19.60% 17.00% 18.59% 13.97% 17.91% 12.61%
EPS 22.59 15.28 47.84% 19.61 15.60 25.71% 21.46 15.18 41.37% 19.82 17.47 13.45%

Description Dec 24 Dec 23 Var% Sep 24 Sep 23 Var% Jun 24 Jun 23 Var% Mar 24 Mar 23 Var%
Net Sales 1,973.08 1,429.14 38.06% 1,715.83 1,347.46 27.34% 1,694.78 1,682.21 0.75% 1,610.71 1,928.54 -16.48%
Expenses 1,446.54 1,072.90 34.83% 1,271.06 1,011.31 25.68% 1,245.40 1,359.09 -8.37% 1,257.01 1,571.08 -19.99%
EBITDA 526.54 356.24 47.80% 444.77 336.15 32.31% 449.38 323.12 39.08% 353.70 357.46 -1.05%
EBIDTM 26.69% 24.93% 25.92% 24.95% 26.52% 19.21% 21.96% 18.54%
Other Income 9.54 10.91 -12.56% 30.45 7.72 294.43% 24.29 8.19 196.58% 17.65 11.34 55.64%
Interest 30.51 28.29 7.85% 29.74 24.89 19.49% 27.47 24.67 11.35% 31.52 31.24 0.90%
Depreciation 47.42 38.60 22.85% 43.61 33.67 29.52% 39.98 34.10 17.24% 37.01 35.31 4.81%
PBT 458.15 300.26 52.58% 401.87 285.31 40.85% 406.22 272.54 49.05% 302.82 302.25 0.19%
Tax 121.61 76.99 57.96% 103.19 75.54 36.60% 107.75 70.85 52.08% 62.67 81.44 -23.05%
PAT 336.54 223.27 50.73% 298.68 209.77 42.38% 298.47 201.69 47.98% 240.15 220.81 8.76%
PATM 17.06% 15.62% 17.41% 15.57% 17.61% 11.99% 14.91% 11.45%
EPS 34.79 22.47 54.83% 31.59 22.11 42.88% 31.65 21.81 45.12% 25.97 22.77 14.05%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Description TTM Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Net Sales 4,158.99 3,717.52 4,162.25 2,528.34 1,584.40 1,511.54 1,663.22 1,273.27 1,137.31 1,016.36 1,014.75 Net Sales Growth 4.78% -10.68% 64.62% 59.58% 4.82% -9.12% 30.63% 11.95% 11.90% 0.16% Cost Of Goods Sold 2,423.26 2,301.45 3,004.82 1,782.18 1,023.40 960.44 1,075.68 821.95 753.29 699.54 624.58 Gross Profit 1,735.73 1,416.07 1,157.43 746.16 561.00 551.10 587.54 451.32 384.02 316.82 390.17 GP Margin 41.73% 38.09% 27.81% 29.51% 35.41% 36.46% 35.33% 35.45% 33.77% 31.17% 38.45% Total Expenditure 3,129.92 2,882.86 3,540.78 2,168.56 1,312.32 1,248.32 1,350.05 1,046.05 920.47 833.96 859.33 Power & Fuel Cost - 42.42 45.89 30.56 22.91 22.05 22.26 16.46 14.02 13.29 12.10 % Of Sales - 1.14% 1.10% 1.21% 1.45% 1.46% 1.34% 1.29% 1.23% 1.31% 1.19% Employee Cost - 164.88 135.20 111.06 88.91 85.01 82.22 69.00 54.35 43.41 40.42 % Of Sales - 4.44% 3.25% 4.39% 5.61% 5.62% 4.94% 5.42% 4.78% 4.27% 3.98% Manufacturing Exp. - 106.39 96.28 79.69 51.82 54.23 49.40 32.77 27.58 22.33 62.03 % Of Sales - 2.86% 2.31% 3.15% 3.27% 3.59% 2.97% 2.57% 2.43% 2.20% 6.11% General & Admin Exp. - 63.08 49.18 60.05 35.44 35.64 33.37 30.66 27.47 20.79 34.70 % Of Sales - 1.70% 1.18% 2.38% 2.24% 2.36% 2.01% 2.41% 2.42% 2.05% 3.42% Selling & Distn. Exp. - 160.73 155.93 70.04 53.89 59.48 53.12 43.07 24.09 20.47 85.50 % Of Sales - 4.32% 3.75% 2.77% 3.40% 3.94% 3.19% 3.38% 2.12% 2.01% 8.43% Miscellaneous Exp. - 43.91 53.48 34.98 35.95 31.47 34.00 32.14 19.67 14.13 85.50 % Of Sales - 1.18% 1.28% 1.38% 2.27% 2.08% 2.04% 2.52% 1.73% 1.39% 0% EBITDA 1,029.07 834.66 621.47 359.78 272.08 263.22 313.17 227.22 216.84 182.40 155.42 EBITDA Margin 24.74% 22.45% 14.93% 14.23% 17.17% 17.41% 18.83% 17.85% 19.07% 17.95% 15.32% Other Income 82.40 58.34 63.20 51.53 25.64 35.35 21.22 18.52 13.38 15.66 19.83 Interest 28.73 29.58 27.57 8.85 6.52 12.17 11.92 14.23 13.79 7.66 7.24 Depreciation 70.09 63.37 57.02 49.44 37.98 33.96 28.93 26.09 19.28 17.72 17.66 PBT 1,012.65 800.05 600.08 353.02 253.22 252.44 293.54 205.42 197.15 172.68 150.35 Tax 257.18 203.75 154.69 91.50 64.15 39.04 96.02 71.16 64.57 63.82 32.43 Tax Rate 25.40% 25.47% 25.78% 25.92% 25.33% 15.47% 33.40% 34.64% 32.75% 36.96% 23.11% PAT 755.47 596.30 445.39 261.52 189.07 213.40 191.47 134.26 132.58 108.86 107.92 PAT before Minority Interest 755.47 596.30 445.39 261.52 189.07 213.40 191.47 134.26 132.58 108.86 107.92 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 18.16% 16.04% 10.70% 10.34% 11.93% 14.12% 11.51% 10.54% 11.66% 10.71% 10.64% PAT Growth 31.39% 33.88% 70.31% 38.32% -11.40% 11.45% 42.61% 1.27% 21.79% 0.87% EPS 83.48 65.89 49.21 28.90 20.89 23.58 21.16 14.84 14.65 12.03 11.92

Description TTM Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Net Sales 6,994.40 6,069.52 6,922.53 3,947.61 2,515.63 2,237.30 2,461.57 1,916.12 1,579.99 1,448.62 1,351.90 Net Sales Growth 9.50% -12.32% 75.36% 56.92% 12.44% -9.11% 28.47% 21.27% 9.07% 7.15% Cost Of Goods Sold 3,571.27 3,196.17 4,342.37 2,327.33 1,346.77 1,215.00 1,400.94 1,063.58 907.22 876.97 726.63 Gross Profit 3,423.13 2,873.35 2,580.16 1,620.28 1,168.86 1,022.30 1,060.63 852.54 672.77 571.65 625.27 GP Margin 48.94% 47.34% 37.27% 41.04% 46.46% 45.69% 43.09% 44.49% 42.58% 39.46% 46.25% Total Expenditure 5,220.01 4,700.31 5,633.61 3,213.05 2,001.03 1,802.98 1,959.63 1,515.30 1,256.10 1,145.99 1,097.88 Power & Fuel Cost - 60.09 61.64 42.59 32.12 30.64 28.90 20.76 18.59 17.66 16.81 % Of Sales - 0.99% 0.89% 1.08% 1.28% 1.37% 1.17% 1.08% 1.18% 1.22% 1.24% Employee Cost - 400.45 330.60 267.47 221.97 195.95 174.06 133.48 104.31 87.63 79.80 % Of Sales - 6.60% 4.78% 6.78% 8.82% 8.76% 7.07% 6.97% 6.60% 6.05% 5.90% Manufacturing Exp. - 151.68 133.00 106.71 67.44 71.81 65.01 90.52 57.63 47.66 95.16 % Of Sales - 2.50% 1.92% 2.70% 2.68% 3.21% 2.64% 4.72% 3.65% 3.29% 7.04% General & Admin Exp. - 135.28 109.39 105.77 70.62 65.55 59.96 60.89 45.83 40.50 73.40 % Of Sales - 2.23% 1.58% 2.68% 2.81% 2.93% 2.44% 3.18% 2.90% 2.80% 5.43% Selling & Distn. Exp. - 363.97 367.51 225.22 164.90 148.98 147.95 79.07 51.87 39.67 104.85 % Of Sales - 6.00% 5.31% 5.71% 6.56% 6.66% 6.01% 4.13% 3.28% 2.74% 7.76% Miscellaneous Exp. - 392.67 289.10 137.96 97.21 75.05 82.81 67.00 70.65 35.90 104.85 % Of Sales - 6.47% 4.18% 3.49% 3.86% 3.35% 3.36% 3.50% 4.47% 2.48% 0.09% EBITDA 1,774.39 1,369.21 1,288.92 734.56 514.60 434.32 501.94 400.82 323.89 302.63 254.02 EBITDA Margin 25.37% 22.56% 18.62% 18.61% 20.46% 19.41% 20.39% 20.92% 20.50% 20.89% 18.79% Other Income 81.93 44.47 31.52 32.36 21.42 41.05 14.72 22.83 13.21 14.87 7.90 Interest 119.24 109.37 90.38 50.25 45.39 55.04 49.87 32.72 26.89 20.44 17.85 Depreciation 168.02 143.38 128.21 109.25 93.53 84.53 58.89 51.29 38.74 32.82 31.45 PBT 1,569.06 1,160.93 1,101.85 607.42 397.10 335.80 407.90 339.64 271.47 264.24 212.62 Tax 395.22 286.05 290.41 151.95 109.03 57.13 125.05 106.05 76.74 86.74 46.28 Tax Rate 25.19% 24.64% 26.36% 25.02% 27.46% 17.01% 31.12% 31.22% 28.27% 32.83% 22.84% PAT 1,173.84 835.93 757.19 441.28 276.35 267.43 261.61 220.55 186.54 163.66 147.41 PAT before Minority Interest 1,111.57 875.23 811.17 455.47 288.07 278.67 276.80 233.59 194.73 177.50 156.34 Minority Interest -62.27 -39.30 -53.98 -14.19 -11.72 -11.24 -15.19 -13.04 -8.19 -13.84 -8.93 PAT Margin 16.78% 13.77% 10.94% 11.18% 10.99% 11.95% 10.63% 11.51% 11.81% 11.30% 10.90% PAT Growth 37.20% 10.40% 71.59% 59.68% 3.34% 2.22% 18.62% 18.23% 13.98% 11.02% EPS 129.71 92.37 83.67 48.76 30.54 29.55 28.91 24.37 20.61 18.08 16.29

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Shareholder's Funds 2,346.47 1,767.45 1,365.59 1,156.81 1,021.38 885.05 759.21 658.64 548.29 523.60 Share Capital 18.10 18.10 18.10 18.10 18.10 18.10 18.10 18.10 18.10 18.10 Total Reserves 2,328.37 1,749.35 1,347.49 1,138.71 1,003.28 866.95 741.11 640.54 530.19 505.50 Non-Current Liabilities 329.20 290.60 204.79 147.30 136.04 127.89 156.96 148.42 155.15 103.69 Secured Loans 154.56 147.36 118.56 74.65 63.45 36.89 75.22 80.30 96.67 78.43 Unsecured Loans 38.49 35.11 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.68 Current Liabilities 559.58 711.12 438.70 296.34 227.04 279.27 184.66 242.51 196.34 165.32 Trade Payables 333.45 393.91 335.35 187.42 106.33 86.27 59.27 36.99 77.88 38.74 Other Current Liabilities 219.02 170.28 99.29 85.22 78.52 142.50 101.57 107.41 61.68 60.98 Short Term Borrowings 0.00 142.36 0.00 20.00 38.74 45.22 21.26 96.72 56.78 60.22 Short Term Provisions 7.11 4.57 4.06 3.70 3.45 5.28 2.56 1.39 0.00 5.38 Total Liabilities 3,235.25 2,769.17 2,009.08 1,600.45 1,384.46 1,292.21 1,100.83 1,049.57 899.78 792.61 Net Block 811.24 779.30 706.19 557.76 544.80 470.35 420.18 402.75 351.07 287.64 Gross Block 1,110.56 1,025.54 902.33 710.91 661.94 553.99 476.68 433.80 451.59 371.34 Accumulated Depreciation 299.32 246.24 196.14 153.15 117.14 83.64 56.50 31.05 100.52 83.70 Non Current Assets 1,837.39 1,492.53 1,256.57 1,004.71 887.31 805.25 714.22 611.17 553.80 474.35 Capital Work in Progress 219.15 78.41 40.91 129.69 32.34 73.88 34.56 15.97 12.12 20.34 Non Current Investment 453.89 206.41 145.79 128.53 129.85 62.10 57.67 58.24 60.80 58.37 Long Term Loans & Adv. 290.98 332.51 277.02 130.43 163.64 190.31 179.81 113.70 113.27 108.00 Other Non Current Assets 62.13 95.90 86.66 58.30 16.68 8.61 22.00 20.51 16.54 0.00 Current Assets 1,397.86 1,276.64 749.60 595.74 497.15 486.96 386.61 438.40 345.98 318.26 Current Investments 213.44 20.00 0.00 0.00 0.02 30.08 7.85 44.26 5.55 0.23 Inventories 264.11 460.05 273.87 142.75 100.28 93.57 90.66 77.83 69.46 46.30 Sundry Debtors 605.12 539.46 297.75 294.80 205.96 185.49 157.64 177.81 132.33 115.56 Cash & Bank 65.18 60.95 25.24 47.63 64.98 27.31 9.94 9.71 6.32 18.99 Other Current Assets 250.01 22.00 63.30 57.06 125.91 150.51 120.52 128.79 132.32 137.18 Short Term Loans & Adv. 150.79 174.18 89.44 53.50 47.79 69.06 77.20 89.10 90.64 127.46 Net Current Assets 838.28 565.52 310.90 299.40 270.11 207.69 201.95 195.89 149.64 152.94 Total Assets 3,235.25 2,769.17 2,006.17 1,600.45 1,384.46 1,292.21 1,100.83 1,049.57 899.78 792.61

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Shareholder's Funds 3,305.60 2,610.34 1,914.28 1,579.41 1,380.09 1,238.33 1,083.86 928.59 805.45 775.89 Share Capital 18.10 18.10 18.10 18.10 18.10 18.10 18.10 18.10 18.10 18.10 Total Reserves 3,287.50 2,592.24 1,896.18 1,561.31 1,361.99 1,220.23 1,065.76 910.49 787.35 757.79 Non-Current Liabilities 648.37 525.72 496.63 497.89 317.04 242.60 290.75 226.40 211.07 201.47 Secured Loans 472.73 391.05 397.89 401.41 252.80 151.56 196.10 147.96 134.07 155.29 Unsecured Loans 110.82 81.66 37.97 31.80 0.00 0.00 0.00 0.00 0.64 0.64 Long Term Provisions 3.44 2.64 1.00 0.91 1.92 0.15 0.18 0.00 0.00 1.15 Current Liabilities 1,501.42 1,632.32 1,117.88 819.43 732.15 724.47 565.98 526.50 447.89 364.69 Trade Payables 552.65 488.48 464.94 286.08 154.43 163.30 143.33 89.32 108.03 62.63 Other Current Liabilities 715.98 735.10 382.76 310.70 208.57 235.95 175.08 172.04 130.91 121.52 Short Term Borrowings 198.62 331.74 236.81 193.98 357.37 312.92 229.28 260.99 208.95 172.55 Short Term Provisions 34.17 77.00 33.37 28.67 11.78 12.30 18.29 4.15 0.00 7.99 Total Liabilities 5,577.04 4,908.74 3,629.42 2,959.42 2,480.79 2,252.95 1,987.97 1,721.75 1,512.21 1,389.19 Net Block 2,027.72 1,701.83 1,492.73 1,287.53 1,208.55 1,042.88 923.28 776.77 702.79 584.86 Gross Block 2,614.55 2,210.20 1,923.56 1,622.57 1,455.90 1,213.56 1,037.78 839.76 861.51 713.93 Accumulated Depreciation 586.83 508.37 430.83 335.04 247.35 170.68 114.50 62.99 158.72 129.07 Non Current Assets 2,928.66 2,407.39 1,965.56 1,733.76 1,497.29 1,290.45 1,169.29 989.82 863.21 778.48 Capital Work in Progress 489.79 282.03 230.37 292.88 164.97 177.56 107.40 90.93 30.44 61.05 Non Current Investment 156.47 78.51 18.22 0.97 2.33 2.56 3.04 3.50 9.17 7.73 Long Term Loans & Adv. 154.75 195.05 95.88 67.83 98.24 54.30 106.67 94.22 101.67 124.59 Other Non Current Assets 99.93 149.97 128.36 84.55 23.20 13.15 28.90 24.40 19.14 0.25 Current Assets 2,648.38 2,501.35 1,660.95 1,225.66 983.50 962.50 818.68 731.93 649.00 610.09 Current Investments 213.44 20.00 0.00 0.00 0.02 30.08 14.01 49.75 30.92 29.63 Inventories 846.82 1,097.99 718.87 440.49 330.98 282.74 232.42 181.07 159.86 164.88 Sundry Debtors 844.85 825.28 541.10 455.48 370.32 399.04 363.58 319.06 270.98 191.30 Cash & Bank 287.26 260.09 98.75 181.20 120.14 91.76 69.46 39.39 36.71 37.27 Other Current Assets 456.01 46.53 99.95 85.45 162.04 158.88 139.21 142.66 150.53 187.01 Short Term Loans & Adv. 272.35 251.46 202.28 63.04 65.95 55.27 73.67 78.65 81.65 182.53 Net Current Assets 1,146.96 869.03 543.07 406.23 251.35 238.03 252.70 205.43 201.11 245.40 Total Assets 5,577.04 4,908.74 3,626.51 2,959.42 2,480.79 2,252.95 1,987.97 1,721.75 1,512.21 1,389.19

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Cash From Operating Activity 769.70 132.72 294.01 147.77 194.93 209.77 212.75 70.16 174.02 149.66 PBT 800.05 600.08 353.02 253.22 252.44 287.49 205.42 197.15 172.68 140.35 Adjustment 63.15 33.47 16.06 41.06 25.52 53.44 31.55 25.92 17.25 15.79 Changes in Working Capital 93.05 -361.18 -2.18 -82.08 -17.55 -44.16 34.58 -105.38 16.25 18.62 Cash after chg. in Working capital 956.25 272.37 366.90 212.20 260.41 296.77 271.55 117.69 206.18 174.76 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -186.55 -139.65 -72.89 -64.43 -65.48 -87.00 -58.80 -47.53 -32.16 -25.10 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -548.41 -270.73 -280.21 -99.33 -9.93 -129.22 -78.26 -100.02 -109.09 -53.06 Net Fixed Assets -225.76 -160.71 -102.64 -146.32 -66.41 -116.63 -61.47 13.94 -72.03 -48.69 Net Investments -440.92 -80.62 -17.26 1.34 -37.69 -26.66 36.98 -36.15 -7.75 10.69 Others 118.27 -29.40 -160.31 45.65 94.17 14.07 -53.77 -77.81 -29.31 -15.06 Cash from Financing Activity -216.50 173.04 -36.02 -65.95 -142.08 -64.65 -138.64 35.84 -64.84 -117.77 Net Cash Inflow / Outflow 4.79 35.03 -22.22 -17.51 42.92 15.90 -4.15 5.98 0.09 -21.17 Opening Cash & Equivalents 58.16 23.13 45.35 62.86 19.94 4.04 8.19 2.21 2.12 40.15 Closing Cash & Equivalent 62.95 58.16 23.13 45.35 62.86 19.94 4.04 8.19 2.21 18.98

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Cash From Operating Activity 1,406.01 656.48 297.80 356.68 324.81 313.75 254.10 117.62 243.28 230.48 PBT 1,160.93 1,101.85 607.42 397.10 335.80 401.85 339.64 271.47 264.24 202.62 Adjustment 364.21 335.76 162.27 168.94 130.31 142.72 104.26 16.94 51.51 85.13 Changes in Working Capital 180.42 -526.72 -312.29 -105.27 -33.35 -101.40 -100.35 -111.76 -25.52 -4.05 Cash after chg. in Working capital 1,705.56 910.89 457.40 460.77 432.76 443.17 343.55 176.65 290.23 283.70 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -299.55 -254.41 -159.60 -104.09 -107.95 -129.42 -89.45 -59.03 -46.95 -53.22 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -726.46 -518.97 -303.05 -250.74 -212.24 -202.26 -174.33 -170.40 -140.83 -149.03 Net Fixed Assets -225.76 -160.71 -102.64 -146.32 -66.41 -116.63 -61.47 13.94 -72.03 -48.69 Net Investments -440.92 -80.62 -17.26 1.34 -37.69 -26.66 36.98 -36.15 -7.75 10.69 Others -59.78 -277.64 -183.15 -105.76 -108.14 -58.97 -149.84 -148.19 -61.05 -111.03 Cash from Financing Activity -370.28 118.16 -45.40 -26.07 -33.62 -51.74 -53.21 53.27 -91.62 -177.20 Net Cash Inflow / Outflow 309.27 255.67 -50.65 79.87 78.95 59.75 26.56 0.49 10.83 -95.75 Opening Cash & Equivalents 245.04 84.67 169.93 92.56 61.00 52.49 25.93 25.44 14.61 133.02 Closing Cash & Equivalent 259.86 245.04 84.67 169.93 92.56 61.00 52.49 25.93 25.44 37.27

Financial Ratios

Consolidated /

Standalone

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Book Value (Rs.) 259.28 195.30 150.89 127.82 112.86 97.80 83.89 72.78 60.58 57.86 ROA 19.86% 18.64% 14.49% 12.67% 15.95% 16.00% 12.49% 13.60% 12.86% 13.38% ROE 28.99% 28.43% 20.74% 17.36% 22.39% 23.29% 18.94% 21.97% 20.31% 22.04% ROCE 34.23% 33.85% 25.83% 21.35% 23.98% 30.43% 24.19% 25.91% 25.72% 21.27% Fixed Asset Turnover 3.52 4.39 3.18 2.36 2.49 3.23 2.87 2.83 2.74 3.16 Receivable days 55.57 36.11 42.19 56.47 47.26 37.65 46.90 45.16 40.20 41.74 Inventory Days 35.16 31.66 29.66 27.41 23.41 20.21 23.56 21.45 18.77 19.10 Payable days 28.14 23.22 27.46 40.96 27.04 20.20 17.15 23.25 25.82 16.30 Cash Conversion Cycle 62.59 44.55 44.38 42.92 43.63 37.67 53.30 43.37 33.15 44.54 Total Debt/Equity 0.13 0.24 0.11 0.11 0.13 0.19 0.20 0.37 0.32 0.30 Interest Cover 28.05 22.77 40.89 39.84 21.74 25.12 15.44 15.30 23.54 20.39

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Book Value (Rs.) 365.26 288.44 211.52 174.52 152.50 136.83 119.76 102.61 89.00 85.67 ROA 16.69% 19.00% 13.83% 10.59% 11.77% 13.05% 12.59% 12.04% 12.24% 11.40% ROE 29.59% 35.86% 26.07% 19.47% 21.29% 23.84% 23.21% 22.46% 22.46% 21.82% ROCE 31.03% 36.34% 25.56% 19.87% 19.89% 26.24% 24.57% 22.67% 24.24% 19.28% Fixed Asset Turnover 2.52 3.35 2.25 1.66 1.68 2.19 2.08 2.01 2.00 2.26 Receivable days 50.22 36.02 45.64 59.10 62.76 56.54 63.84 62.93 53.60 46.99 Inventory Days 58.48 47.90 53.10 55.21 50.06 38.19 38.67 36.36 37.65 39.64 Payable days 38.18 25.49 38.93 51.02 31.41 29.72 28.88 29.94 28.20 16.88 Cash Conversion Cycle 70.52 58.43 59.82 63.30 81.41 65.01 73.63 69.34 63.05 69.74 Total Debt/Equity 0.33 0.45 0.45 0.50 0.51 0.49 0.48 0.54 0.49 0.48 Interest Cover 11.62 13.19 13.09 9.75 7.10 9.06 11.38 11.10 13.93 12.35

Top Investors:

sbi equity hybrid fund

kotak emerging equity scheme

hdfc mutual fund - hdfc mid cap opportunity

llp

Annual Reports:

News Update:

Solar Industries India’s arm secures contract from Ministry of Defence
4th Mar 2025, 12:30 PM

The value of the contract is Rs 239 crore
Read More
Solar Industries India along with subsidiary secures export orders worth Rs 2150 crore
28th Feb 2025, 15:19 PM

The orders are for supply of defence products
Read More
Solar Industries India raises Rs 75 crore through commercial paper
21st Feb 2025, 11:22 AM

The maturity of the said Commercial Paper on March 27, 2025
Read More
Solar Industries’ arm bags contract worth Rs 6084 crore from Ministry of Defence
7th Feb 2025, 12:10 PM

Defence Research and Development Organisation has nominated EEL as production agency for all the variations of Pinaka Rocket System
Read More
Solar Industries - Quarterly Results
5th Feb 2025, 14:38 PM

Read More
Solar Industries’ arm enters into MoU with Government of Maharashtra
23rd Jan 2025, 16:44 PM

Economic Explosives has entered into MoU to establish an Anchor Mega Defence and Aerospace Project in Nagpur
Read More

Solar Industries India Ltd.

Explosives

BSE: 532725 | NSE: SOLARINDS

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

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Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

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Consolidated Figures in Rs. Crores /

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Consolidated Figures in Rs. Crores /

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Consolidated /

Top Investors:

Annual Reports:

News Update:

Solar Industries India Ltd.

Explosives

BSE: 532725 | NSE: SOLARINDS

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update: