Nifty

:

22147.00

Sensex

:

73088.33

151.15 (0.69%)
599.34 (0.83%)

Login

Nifty
Sensex

:
:

22147.00
73088.33

151.15 (0.69%)
599.34 (0.83%)

Solar Industries India Ltd.

Explosives

Rating :

74/99

BSE: 532725 | NSE: SOLARINDS

Watchlist

NSE BSE

8526.90

19-Apr-2024

Open
High
Low
Previous Close

8470.60
8568.95
8408.00
8509.20

Volume
Traded Value (lacs)
52 Week High
52 Week Low

96371
8208.16
9449.00
3453.35

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

77,156.80
95.61
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

77,929.42
0.09%
25.04

Chart

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

Revenue CAGR (%)

10 Years
5 Years
3 Years

19.84
22.97
40.13

EBITDA CAGR (%)

10 Years
5 Years
3 Years

20.17
20.76
20.16

PAT CAGR (%)

10 Years
5 Years
3 Years

20.38
23.68
39.93

P:E (Median)

8 Years
5 Years
3 Years

44.77
48.81
57.91

P:BV (Average)

8 Years
5 Years
3 Years

10.41
11.72
14.62

EV:EBITDA (Average)

8 Years
5 Years
3 Years

26.84
29.25
34.57

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var%
Net Sales 902.25 1,058.69 -14.78% 830.34 862.30 -3.71% 983.26 987.80 -0.46% 1,253.46 916.38 36.78%
Expenses 710.35 903.21 -21.35% 631.15 732.82 -13.87% 789.93 881.64 -10.40% 1,015.75 772.78 31.44%
EBITDA 191.90 155.48 23.42% 199.19 129.48 53.84% 193.33 106.16 82.11% 237.71 143.60 65.54%
EBIDTM 21.27% 14.69% 23.99% 15.02% 19.66% 10.75% 18.96% 15.67%
Other Income 17.68 22.34 -20.86% 13.56 12.60 7.62% 13.92 17.72 -21.44% 3.18 14.54 -78.13%
Interest 7.73 9.11 -15.15% 6.33 4.22 50.00% 7.64 2.61 192.72% 11.63 3.30 252.42%
Depreciation 16.13 14.41 11.94% 15.72 14.11 11.41% 15.32 13.77 11.26% 14.73 14.95 -1.47%
PBT 185.72 154.30 20.36% 190.70 123.75 54.10% 184.29 107.50 71.43% 214.53 139.89 53.36%
Tax 47.40 38.74 22.35% 49.52 31.84 55.53% 46.88 27.64 69.61% 56.47 37.54 50.43%
PAT 138.32 115.56 19.70% 141.18 91.91 53.61% 137.41 79.86 72.06% 158.06 102.35 54.43%
PATM 15.33% 10.92% 17.00% 10.66% 13.97% 8.08% 12.61% 11.17%
EPS 15.28 12.77 19.66% 15.60 10.16 53.54% 15.18 8.82 72.11% 17.47 11.31 54.47%

Description Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var%
Net Sales 1,429.14 1,811.75 -21.12% 1,347.46 1,566.60 -13.99% 1,682.21 1,615.64 4.12% 1,928.54 1,316.85 46.45%
Expenses 1,072.90 1,462.24 -26.63% 1,011.31 1,267.62 -20.22% 1,359.09 1,332.67 1.98% 1,571.08 1,054.03 49.05%
EBITDA 356.24 349.51 1.93% 336.15 298.98 12.43% 323.12 282.97 14.19% 357.46 262.82 36.01%
EBIDTM 24.93% 19.29% 24.95% 19.08% 19.21% 17.51% 18.54% 19.96%
Other Income 10.91 7.24 50.69% 7.72 4.36 77.06% 8.19 8.58 -4.55% 11.34 0.77 1,372.73%
Interest 28.29 25.46 11.12% 24.89 19.41 28.23% 24.67 14.27 72.88% 31.24 14.78 111.37%
Depreciation 38.60 32.01 20.59% 33.67 30.35 10.94% 34.10 30.54 11.66% 35.31 29.63 19.17%
PBT 300.26 299.28 0.33% 285.31 253.58 12.51% 272.54 246.74 10.46% 302.25 219.18 37.90%
Tax 76.99 79.99 -3.75% 75.54 64.89 16.41% 70.85 64.09 10.55% 81.44 44.39 83.46%
PAT 223.27 219.29 1.81% 209.77 188.69 11.17% 201.69 182.65 10.42% 220.81 174.79 26.33%
PATM 15.62% 12.10% 15.57% 12.04% 11.99% 11.31% 11.45% 13.27%
EPS 22.47 22.61 -0.62% 22.11 19.49 13.44% 21.81 18.81 15.95% 22.77 18.55 22.75%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Right to Left

Description TTM Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Net Sales 3,969.31 4,162.25 2,528.34 1,584.40 1,511.54 1,663.22 1,273.27 1,137.31 1,016.36 1,014.75 904.03 Net Sales Growth 3.77% 64.62% 59.58% 4.82% -9.12% 30.63% 11.95% 11.90% 0.16% 12.25% Cost Of Goods Sold 2,573.77 3,004.82 1,782.18 1,023.40 960.44 1,075.68 821.95 753.29 699.54 624.58 504.99 Gross Profit 1,395.54 1,157.43 746.16 561.00 551.10 587.54 451.32 384.02 316.82 390.17 399.04 GP Margin 35.16% 27.81% 29.51% 35.41% 36.46% 35.33% 35.45% 33.77% 31.17% 38.45% 44.14% Total Expenditure 3,147.18 3,540.78 2,168.56 1,312.32 1,248.32 1,350.05 1,046.05 920.47 833.96 859.33 781.41 Power & Fuel Cost - 45.89 30.56 22.91 22.05 22.26 16.46 14.02 13.29 12.10 11.18 % Of Sales - 1.10% 1.21% 1.45% 1.46% 1.34% 1.29% 1.23% 1.31% 1.19% 1.24% Employee Cost - 135.20 111.06 88.91 85.01 82.22 69.00 54.35 43.41 40.42 38.69 % Of Sales - 3.25% 4.39% 5.61% 5.62% 4.94% 5.42% 4.78% 4.27% 3.98% 4.28% Manufacturing Exp. - 96.28 79.69 51.82 54.23 49.40 32.77 27.58 22.33 62.03 48.34 % Of Sales - 2.31% 3.15% 3.27% 3.59% 2.97% 2.57% 2.43% 2.20% 6.11% 5.35% General & Admin Exp. - 49.18 60.05 35.44 35.64 33.37 30.66 27.47 20.79 34.70 37.23 % Of Sales - 1.18% 2.38% 2.24% 2.36% 2.01% 2.41% 2.42% 2.05% 3.42% 4.12% Selling & Distn. Exp. - 155.93 70.04 53.89 59.48 53.12 43.07 24.09 20.47 85.50 108.96 % Of Sales - 3.75% 2.77% 3.40% 3.94% 3.19% 3.38% 2.12% 2.01% 8.43% 12.05% Miscellaneous Exp. - 53.48 34.98 35.95 31.47 34.00 32.14 19.67 14.13 0.00 108.96 % Of Sales - 1.28% 1.38% 2.27% 2.08% 2.04% 2.52% 1.73% 1.39% 0% 3.54% EBITDA 822.13 621.47 359.78 272.08 263.22 313.17 227.22 216.84 182.40 155.42 122.62 EBITDA Margin 20.71% 14.93% 14.23% 17.17% 17.41% 18.83% 17.85% 19.07% 17.95% 15.32% 13.56% Other Income 48.34 63.20 51.53 25.64 35.35 21.22 18.52 13.38 15.66 19.83 17.10 Interest 33.33 27.57 8.85 6.52 12.17 11.92 14.23 13.79 7.66 7.24 14.48 Depreciation 61.90 57.02 49.44 37.98 33.96 28.93 26.09 19.28 17.72 17.66 12.57 PBT 775.24 600.08 353.02 253.22 252.44 293.54 205.42 197.15 172.68 150.35 112.66 Tax 200.27 154.69 91.50 64.15 39.04 96.02 71.16 64.57 63.82 32.43 18.81 Tax Rate 25.83% 25.78% 25.92% 25.33% 15.47% 33.40% 34.64% 32.75% 36.96% 23.11% 18.32% PAT 574.97 445.39 261.52 189.07 213.40 191.47 134.26 132.58 108.86 107.92 83.84 PAT before Minority Interest 574.97 445.39 261.52 189.07 213.40 191.47 134.26 132.58 108.86 107.92 83.84 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 14.49% 10.70% 10.34% 11.93% 14.12% 11.51% 10.54% 11.66% 10.71% 10.64% 9.27% PAT Growth 47.55% 70.31% 38.32% -11.40% 11.45% 42.61% 1.27% 21.79% 0.87% 28.72% EPS 63.53 49.21 28.90 20.89 23.58 21.16 14.84 14.65 12.03 11.92 9.26

Description TTM Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Net Sales 6,387.35 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 1,132.96 Net Sales Growth 1.21% 75.36% 56.92% 12.44% -9.11% 28.47% 21.27% 9.07% 7.15% 19.32% Cost Of Goods Sold 3,557.40 4,342.37 2,327.33 1,346.77 1,215.00 1,400.94 1,063.58 907.22 876.97 726.63 555.24 Gross Profit 2,829.95 2,580.16 1,620.28 1,168.86 1,022.30 1,060.63 852.54 672.77 571.65 625.27 577.72 GP Margin 44.31% 37.27% 41.04% 46.46% 45.69% 43.09% 44.49% 42.58% 39.46% 46.25% 50.99% Total Expenditure 5,014.38 5,633.61 3,213.05 2,001.03 1,802.98 1,959.63 1,515.30 1,256.10 1,145.99 1,097.88 927.75 Power & Fuel Cost - 61.64 42.59 32.12 30.64 28.90 20.76 18.59 17.66 16.81 14.77 % Of Sales - 0.89% 1.08% 1.28% 1.37% 1.17% 1.08% 1.18% 1.22% 1.24% 1.30% Employee Cost - 330.60 267.47 221.97 195.95 174.06 133.48 104.31 87.63 79.80 67.31 % Of Sales - 4.78% 6.78% 8.82% 8.76% 7.07% 6.97% 6.60% 6.05% 5.90% 5.94% Manufacturing Exp. - 133.00 106.71 67.44 71.81 65.01 90.52 57.63 47.66 95.16 78.38 % Of Sales - 1.92% 2.70% 2.68% 3.21% 2.64% 4.72% 3.65% 3.29% 7.04% 6.92% General & Admin Exp. - 109.39 105.77 70.62 65.55 59.96 60.89 45.83 40.50 73.40 72.16 % Of Sales - 1.58% 2.68% 2.81% 2.93% 2.44% 3.18% 2.90% 2.80% 5.43% 6.37% Selling & Distn. Exp. - 367.51 225.22 164.90 148.98 147.95 79.07 51.87 39.67 104.85 113.19 % Of Sales - 5.31% 5.71% 6.56% 6.66% 6.01% 4.13% 3.28% 2.74% 7.76% 9.99% Miscellaneous Exp. - 289.10 137.96 97.21 75.05 82.81 67.00 70.65 35.90 1.23 113.19 % Of Sales - 4.18% 3.49% 3.86% 3.35% 3.36% 3.50% 4.47% 2.48% 0.09% 2.36% EBITDA 1,372.97 1,288.92 734.56 514.60 434.32 501.94 400.82 323.89 302.63 254.02 205.21 EBITDA Margin 21.50% 18.62% 18.61% 20.46% 19.41% 20.39% 20.92% 20.50% 20.89% 18.79% 18.11% Other Income 38.16 31.52 32.36 21.42 41.05 14.72 22.83 13.21 14.87 7.90 11.16 Interest 109.09 90.38 50.25 45.39 55.04 49.87 32.72 26.89 20.44 17.85 20.09 Depreciation 141.68 128.21 109.25 93.53 84.53 58.89 51.29 38.74 32.82 31.45 21.87 PBT 1,160.36 1,101.85 607.42 397.10 335.80 407.90 339.64 271.47 264.24 212.62 174.41 Tax 304.82 290.41 151.95 109.03 57.13 125.05 106.05 76.74 86.74 46.28 34.90 Tax Rate 26.27% 26.36% 25.02% 27.46% 17.01% 31.12% 31.22% 28.27% 32.83% 22.84% 21.23% PAT 855.54 757.19 441.28 276.35 267.43 261.61 220.55 186.54 163.66 147.41 118.44 PAT before Minority Interest 809.42 811.17 455.47 288.07 278.67 276.80 233.59 194.73 177.50 156.34 129.50 Minority Interest -46.12 -53.98 -14.19 -11.72 -11.24 -15.19 -13.04 -8.19 -13.84 -8.93 -11.06 PAT Margin 13.39% 10.94% 11.18% 10.99% 11.95% 10.63% 11.51% 11.81% 11.30% 10.90% 10.45% PAT Growth 11.77% 71.59% 59.68% 3.34% 2.22% 18.62% 18.23% 13.98% 11.02% 24.46% EPS 94.53 83.67 48.76 30.54 29.55 28.91 24.37 20.61 18.08 16.29 13.09

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Shareholder's Funds 1,767.45 1,365.59 1,156.81 1,021.38 885.05 759.21 658.64 548.29 523.60 455.59 Share Capital 18.10 18.10 18.10 18.10 18.10 18.10 18.10 18.10 18.10 18.10 Total Reserves 1,749.35 1,347.49 1,138.71 1,003.28 866.95 741.11 640.54 530.19 505.50 437.50 Non-Current Liabilities 290.60 204.79 147.30 136.04 127.89 156.96 148.42 155.15 103.69 70.48 Secured Loans 147.36 118.56 74.65 63.45 36.89 75.22 80.30 96.67 78.43 52.42 Unsecured Loans 35.11 0.00 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 0.68 0.81 Current Liabilities 711.12 438.70 296.34 227.04 279.27 184.66 242.51 196.34 165.32 294.95 Trade Payables 393.91 335.35 187.42 106.33 86.27 59.27 36.99 77.88 38.74 36.82 Other Current Liabilities 170.28 99.29 85.22 78.52 142.50 101.57 107.41 61.68 60.98 69.65 Short Term Borrowings 142.36 0.00 20.00 38.74 45.22 21.26 96.72 56.78 60.22 178.33 Short Term Provisions 4.57 4.06 3.70 3.45 5.28 2.56 1.39 0.00 5.38 10.15 Total Liabilities 2,769.17 2,009.08 1,600.45 1,384.46 1,292.21 1,100.83 1,049.57 899.78 792.61 821.02 Net Block 779.30 706.19 557.76 544.80 470.35 420.18 402.75 351.07 287.64 274.58 Gross Block 1,025.54 902.33 710.91 661.94 553.99 476.68 433.80 451.59 371.34 334.84 Accumulated Depreciation 246.24 196.14 153.15 117.14 83.64 56.50 31.05 100.52 83.70 60.27 Non Current Assets 1,492.53 1,256.57 1,004.71 887.31 805.25 714.22 611.17 553.80 474.35 449.19 Capital Work in Progress 78.41 40.91 129.69 32.34 73.88 34.56 15.97 12.12 20.34 8.15 Non Current Investment 206.41 145.79 128.53 129.85 62.10 57.67 58.24 60.80 58.37 66.79 Long Term Loans & Adv. 332.51 277.02 130.43 163.64 190.31 179.81 113.70 113.27 108.00 99.68 Other Non Current Assets 95.90 86.66 58.30 16.68 8.61 22.00 20.51 16.54 0.00 0.00 Current Assets 1,276.64 749.60 595.74 497.15 486.96 386.61 438.40 345.98 318.26 371.83 Current Investments 20.00 0.00 0.00 0.02 30.08 7.85 44.26 5.55 0.23 2.50 Inventories 460.05 273.87 142.75 100.28 93.57 90.66 77.83 69.46 46.30 70.58 Sundry Debtors 539.46 297.75 294.80 205.96 185.49 157.64 177.81 132.33 115.56 139.87 Cash & Bank 60.95 25.24 47.63 64.98 27.31 9.94 9.71 6.32 18.99 40.15 Other Current Assets 196.18 63.30 57.06 78.12 150.51 120.52 128.79 132.32 137.18 118.72 Short Term Loans & Adv. 174.18 89.44 53.50 47.79 69.06 77.20 89.10 90.64 127.46 118.50 Net Current Assets 565.52 310.90 299.40 270.11 207.69 201.95 195.89 149.64 152.94 76.88 Total Assets 2,769.17 2,006.17 1,600.45 1,384.46 1,292.21 1,100.83 1,049.57 899.78 792.61 821.02

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Shareholder's Funds 2,610.34 1,914.28 1,579.41 1,380.09 1,238.33 1,083.86 928.59 805.45 775.89 661.57 Share Capital 18.10 18.10 18.10 18.10 18.10 18.10 18.10 18.10 18.10 18.10 Total Reserves 2,592.24 1,896.18 1,561.31 1,361.99 1,220.23 1,065.76 910.49 787.35 757.79 643.48 Non-Current Liabilities 525.72 496.63 497.89 317.04 242.60 290.75 226.40 211.07 201.47 180.69 Secured Loans 391.05 397.89 401.41 252.80 151.56 196.10 147.96 134.07 155.29 151.72 Unsecured Loans 81.66 37.97 31.80 0.00 0.00 0.00 0.00 0.64 0.64 0.65 Long Term Provisions 2.64 1.00 0.91 1.92 0.15 0.18 0.00 0.00 1.15 1.27 Current Liabilities 1,632.32 1,117.88 819.43 732.15 724.47 565.98 526.50 447.89 364.69 472.12 Trade Payables 488.48 464.94 286.08 154.43 163.30 143.33 89.32 108.03 62.63 38.52 Other Current Liabilities 735.09 382.76 310.70 208.57 235.95 175.08 172.04 130.91 121.52 130.56 Short Term Borrowings 331.74 236.81 193.98 357.37 312.92 229.28 260.99 208.95 172.55 290.38 Short Term Provisions 77.01 33.37 28.67 11.78 12.30 18.29 4.15 0.00 7.99 12.67 Total Liabilities 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 1,352.48 Net Block 1,701.83 1,492.73 1,287.53 1,208.55 1,042.88 923.28 776.77 702.79 584.86 490.88 Gross Block 2,216.34 1,923.56 1,622.57 1,455.90 1,213.56 1,037.78 839.76 861.51 713.93 582.50 Accumulated Depreciation 514.51 430.83 335.04 247.35 170.68 114.50 62.99 158.72 129.07 91.62 Non Current Assets 2,407.39 1,965.56 1,733.76 1,497.29 1,290.45 1,169.29 989.82 863.21 778.48 682.78 Capital Work in Progress 282.03 230.37 292.88 164.97 177.56 107.40 90.93 30.44 61.05 81.04 Non Current Investment 78.51 18.22 0.97 2.33 2.56 3.04 3.50 9.17 7.73 10.17 Long Term Loans & Adv. 195.05 95.88 67.83 98.24 54.30 106.67 94.22 101.67 124.59 100.64 Other Non Current Assets 149.97 128.36 84.55 23.20 13.15 28.90 24.40 19.14 0.25 0.04 Current Assets 2,501.35 1,660.95 1,225.66 983.50 962.50 818.68 731.93 649.00 610.09 665.68 Current Investments 20.00 0.00 0.00 0.02 30.08 14.01 49.75 30.92 29.63 15.02 Inventories 1,097.99 718.87 440.49 330.98 282.74 232.42 181.07 159.86 164.88 152.83 Sundry Debtors 825.28 541.10 455.48 370.32 399.04 363.58 319.06 270.98 191.30 185.34 Cash & Bank 260.09 98.75 181.20 120.14 91.76 69.46 39.39 36.71 37.27 133.02 Other Current Assets 297.99 99.95 85.45 96.09 158.88 139.21 142.66 150.53 187.01 179.47 Short Term Loans & Adv. 251.46 202.28 63.04 65.95 55.27 73.67 78.65 81.65 182.53 173.41 Net Current Assets 869.03 543.07 406.23 251.35 238.03 252.70 205.43 201.11 245.40 193.55 Total Assets 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 1,352.50

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Cash From Operating Activity 132.72 294.01 147.77 194.93 209.77 212.75 70.16 174.02 149.66 82.05 PBT 600.08 353.02 253.22 252.44 287.49 205.42 197.15 172.68 140.35 102.65 Adjustment 33.47 16.06 41.06 25.52 53.44 31.55 25.92 17.25 15.79 26.55 Changes in Working Capital -361.18 -2.18 -82.08 -17.55 -44.16 34.58 -105.38 16.25 18.62 -31.71 Cash after chg. in Working capital 272.37 366.90 212.20 260.41 296.77 271.55 117.69 206.18 174.76 97.49 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -139.65 -72.89 -64.43 -65.48 -87.00 -58.80 -47.53 -32.16 -25.10 -15.45 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 -270.73 -280.21 -99.33 -9.93 -129.22 -78.26 -100.02 -109.09 -53.06 -39.43 Net Fixed Assets -160.71 -102.64 -146.32 -66.41 -116.63 -61.47 13.94 -72.03 -48.69 -44.44 Net Investments -80.62 -17.26 1.34 -37.69 -26.66 36.98 -36.15 -7.75 10.69 11.56 Others -29.40 -160.31 45.65 94.17 14.07 -53.77 -77.81 -29.31 -15.06 -6.55 Cash from Financing Activity 173.04 -36.02 -65.95 -142.08 -64.65 -138.64 35.84 -64.84 -117.77 -12.56 Net Cash Inflow / Outflow 35.03 -22.22 -17.51 42.92 15.90 -4.15 5.98 0.09 -21.17 30.06 Opening Cash & Equivalents 23.13 45.35 62.86 19.94 4.04 8.19 2.21 2.12 40.15 10.09 Closing Cash & Equivalent 58.16 23.13 45.35 62.86 19.94 4.04 8.19 2.21 18.98 40.15

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Cash From Operating Activity 656.48 297.80 356.68 324.81 313.75 254.10 117.62 243.28 230.48 169.95 PBT 1,101.85 607.42 397.10 335.80 401.85 339.64 271.47 264.24 202.62 164.41 Adjustment 335.76 162.27 168.94 130.31 142.72 104.26 16.94 51.51 85.13 55.53 Changes in Working Capital -526.72 -312.29 -105.27 -33.35 -101.40 -100.35 -111.76 -25.52 -4.05 -21.45 Cash after chg. in Working capital 910.89 457.40 460.77 432.76 443.17 343.55 176.65 290.23 283.70 198.49 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -254.41 -159.60 -104.09 -107.95 -129.42 -89.45 -59.03 -46.95 -53.22 -28.54 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 -518.98 -303.05 -250.74 -212.24 -202.26 -174.33 -170.40 -140.83 -149.03 -160.59 Net Fixed Assets -160.71 -102.64 -146.32 -66.41 -116.63 -61.47 13.94 -72.03 -48.69 -44.44 Net Investments -80.62 -17.26 1.34 -37.69 -26.66 36.98 -36.15 -7.75 10.69 11.56 Others -277.65 -183.15 -105.76 -108.14 -58.97 -149.84 -148.19 -61.05 -111.03 -127.71 Cash from Financing Activity 118.16 -45.40 -26.07 -33.62 -51.74 -53.21 53.27 -91.62 -177.20 31.46 Net Cash Inflow / Outflow 255.66 -50.65 79.87 78.95 59.75 26.56 0.49 10.83 -95.75 40.82 Opening Cash & Equivalents 84.67 169.93 92.56 61.00 52.49 25.93 25.44 14.61 133.02 92.19 Closing Cash & Equivalent 245.03 84.67 169.93 92.56 61.00 52.49 25.93 25.44 37.27 133.02

Financial Ratios

Consolidated /

Standalone

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Book Value (Rs.) 195.30 150.89 127.82 112.86 97.80 83.89 72.78 60.58 57.86 251.74 ROA 18.64% 14.49% 12.67% 15.95% 16.00% 12.49% 13.60% 12.86% 13.38% 10.96% ROE 28.43% 20.74% 17.36% 22.39% 23.29% 18.94% 21.97% 20.31% 22.04% 19.70% ROCE 33.85% 25.83% 21.35% 23.98% 30.43% 24.19% 25.91% 25.72% 21.27% 17.53% Fixed Asset Turnover 4.39 3.18 2.36 2.49 3.23 2.87 2.83 2.74 3.16 3.20 Receivable days 36.11 42.19 56.47 47.26 37.65 46.90 45.16 40.20 41.74 45.33 Inventory Days 31.66 29.66 27.41 23.41 20.21 23.56 21.45 18.77 19.10 25.17 Payable days 23.22 27.46 40.96 27.04 20.20 17.15 23.25 25.82 16.30 13.37 Cash Conversion Cycle 44.55 44.38 42.92 43.63 37.67 53.30 43.37 33.15 44.54 57.13 Total Debt/Equity 0.24 0.11 0.11 0.13 0.19 0.20 0.37 0.32 0.30 0.56 Interest Cover 22.77 40.89 39.84 21.74 25.12 15.44 15.30 23.54 20.39 8.09

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Book Value (Rs.) 288.44 211.52 174.52 152.50 136.83 119.76 102.61 89.00 85.67 363.32 ROA 19.00% 13.83% 10.59% 11.77% 13.05% 12.59% 12.04% 12.24% 11.40% 10.53% ROE 35.86% 26.07% 19.47% 21.29% 23.84% 23.21% 22.46% 22.46% 21.82% 21.06% ROCE 36.34% 25.56% 19.87% 19.89% 26.24% 24.57% 22.67% 24.24% 19.28% 17.70% Fixed Asset Turnover 3.34 2.25 1.66 1.68 2.19 2.08 2.01 2.00 2.26 2.39 Receivable days 36.02 45.64 59.10 62.76 56.54 63.84 62.93 53.60 46.99 50.89 Inventory Days 47.90 53.10 55.21 50.06 38.19 38.67 36.36 37.65 39.64 43.09 Payable days 25.49 38.93 51.02 31.41 29.72 28.88 29.94 28.20 16.88 12.97 Cash Conversion Cycle 58.43 59.82 63.30 81.41 65.01 73.63 69.34 63.05 69.74 81.01 Total Debt/Equity 0.45 0.45 0.50 0.51 0.49 0.48 0.54 0.49 0.48 0.74 Interest Cover 13.19 13.09 9.75 7.10 9.06 11.38 11.10 13.93 12.35 9.18

Top Investors:

sbi equity hybrid fund

kotak emergency equity scheme

hdfc mutual fund- hdfc mid- cap opportunities fund

Annual Reports:

News Update:

Solar Industries receives export order worth Rs 455 crore
11th Mar 2024, 15:56 PM

Time period associated with said order is 2 years
Read More
Solar Industries - Quarterly Results
7th Feb 2024, 14:24 PM

Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

Feedback