Solar Industries India Limited, together with its subsidiaries, manufactures and sells industrial explosives, explosive initiating devices, and high energy materials for mining and defense applications in India and internationally. The company offers industrial explosives comprising bulk, packaged, non-permitted, permitted, and seismic explosives; initiating systems; electronic, non-electric, and plain detonators; cord relays; cast boosters; detonating cords; and aluminum elemented det products. It also provides defense products consisting of high energy materials, such as HMX, RDX, TNT, and t. Track Solar Industries India Limited's live NSE:SOLARINDS share price ₹18,650.00 (+1.47%), market cap ₹₹1.69T, P/E 100.4. MarketRipple's AI analysis covers the investment thesis, ripple-chain impact, and Basic Materials sector outlook for SOLARINDS — real-time NSE India stock intelligence.
Open
₹18,400.00
High
₹18,710.00
Low
₹18,358.00
Prev. Close
₹18,380.00
52W High
₹19,187.00
52W Low
₹11,646.00
Solar Industries India Limited, together with its subsidiaries, manufactures and sells industrial explosives, explosive initiating devices, and high energy materials for mining and defense applications in India and internationally. The company offers industrial explosives comprising bulk, packaged, non-permitted, permitted, and seismic explosives; initiating systems; electronic, non-electric, and plain detonators; cord relays; cast boosters; detonating cords; and aluminum elemented det products. It also provides defense products consisting of high energy materials, such as HMX, RDX, TNT, and t
Key Takeaway
Solar Industries India Limited is rated buy with a P/E of 100.4x — understand the valuation context before sizing a position.
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Intelligence Path
Growth
Govt Exposure
Policy Dependence
Execution Quality
News Sensitivity
Debt Strength
3,053 Cr
Revenue
548 Cr
Net Profit
31.2%
ROE
0%
ROCE
185.75
EPS
| ₹ in Crore | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|
| Revenue | 6,770 | 5,909 | 7,360 | 9,612 | 9,837 |
| Net Profit | 757 | 836 | 1,209 | 1,678 | 1,678 |
| ROE (%) | — | — | — | 31.2% | 31.2% |
| EPS (₹) | — | — | — | 185.75 | 185.75 |
| Debt/Equity | — | — | — | 23.3 | 23.3 |