Solar Industries India Limited

Solar Industries India Limited (SOLARINDS) is a large-cap Chemicals company valued at ₹1.82 lakh crore operating in Explosives on the NSE and BSE.

Recent price move

Solar Industries India Limited last traded at ₹20,011, modestly up 0.73% on the day.

Recent developments

2026-09-15: Solar Industries announced the acquisition of South Africa’s Omnia Holdings for $1.36 billion, leading to a sharp market reaction with shares closing at ₹19,250. 2026-09-16: Solar Industries shares fell nearly 20% in two sessions following the acquisition announcement, with DAM Capital highlighting the acquisition as transformational but noting the agriculture and chemicals segment remains a key earnings monitorable.

Financial performance

The company's business is improving, with annual revenue rising 30.5% and annual net profit rising 34.8%. The latest quarter saw revenue jump 70.3% and net profit surge 88.8% compared to the same quarter a year earlier. Net profit margin increased by 0.6 percentage points to 17.7%, while return on equity remained at 26.7%.

Valuation multiples

The stock trades at 107.9 times earnings, 32.28 times book value. It yields 0.1%.

Things to watch

The stock is 11.9% below its 52-week high. Promoter shares pledged account for 2.27% of promoter holding. Foreign institutional holding decreased by 0.20 percentage points in the quarter.

Where it stands

Solar Industries India Limited's latest quarter revenue and net profit both rose sharply compared to the same quarter a year earlier. The stock is 11.9% below its 52-week high, and promoter shares pledged account for 2.27% of promoter holding. The company's acquisition of South Africa’s Omnia Holdings triggered a sharp market reaction.

Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.