Solar Industries India Limited logo

Solar Industries India Limited

TickerSOLARINDS.NSVenueNSESectorBasic MaterialsPrimary listingBeta0.20

Solar Industries India Limited is an India-based company in the Basic Materials sector with a market capitalisation of $19.1B. Its FinScore is 69/100; its highest-scoring layer is Growth (85) and its lowest is Value (17). The shares trade at 90.9x trailing earnings and are up 64% year to date.

Market cap
$19.1B
P/E (TTM)
90.9x
Dividend yield (TTM)
0.05%
ROE
33.3%

Share price performance

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About Solar Industries India Limited

solargroup.com

Solar Industries India Limited, through its subsidiaries, is a global producer and distributor of industrial explosives and their associated initiating devices. Its extensive product line features industrial explosives, available in both packaged and bulk formats, as well as a comprehensive array of initiating systems. These include electronic, non-electric, electric, and plain detonators, along with cord relays, cast boosters, detonating cords, and aluminum elemented det products. The company also manufactures a wide range of defense solutions, such as unmanned aerial systems (UAS) and various drones, ammunition, military-grade explosives, bombs, warheads, rockets, and drones armed with guided missiles. Additionally, it supplies counter-drone technologies and specialized initiating systems and pyrotechnics like fuzes, detonators, ignitors, decoys, flares, and riot control devices. Primarily serving the mining, defense, and infrastructure sectors, Solar Industries India Limited was founded in 1983. Based in Nagpur, India, the company was formerly known as Solar Explosives Limited before adopting its current name in February 2009.

Profile
Sector
Basic Materials
Industry
Chemicals - Specialty
HQ
India
Fiscal year-end
March
Trading currency
INR
Reporting currency
INR
Fundamentals updated
64 days ago
Market
Market cap
$19.1B
Shares outstanding
90.5M
P/E (TTM)
90.9x
Dividend yield (TTM)
0.05%
Beta (issuer)
0.20
Revenue (latest FY)
₹98.4B

Revenue breakdown

Revenue split not available

FinScore

As of 2026-10-19
Overall69
Quality78
Growth85
Value17
Momentum71
Relative Strength97

Snapshot

Ownership

Free float
26.4%
Shares outstanding
90.5M

Holder data is not available for this company yet.

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