Nifty
Sensex
:
:
17799.10
60086.01
136.95 (0.78%)
536.11 (0.90%)

Explosives

Rating :
80/99

BSE: 532725 | NSE: SOLARINDS

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 36,235.84
  • 50.46
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 37,003.20
  • 0.19%
  • 15.08

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 73.15%
  • 0.95%
  • 4.23%
  • FII
  • DII
  • Others
  • 6.72%
  • 14.12%
  • 0.83%

Chart

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

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 13.41
  • 15.55
  • 20.84

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 14.89
  • 12.88
  • 11.08

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 14.27
  • 14.88
  • 18.17

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 41.13
  • 44.89
  • 51.97

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 8.94
  • 9.69
  • 10.54

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 25.02
  • 26.08
  • 28.83

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 22
Dec 21
Var%
Sep 22
Sep 21
Var%
Jun 22
Jun 21
Var%
Mar 22
Mar 21
Var%
Net Sales
1,811.75
1,017.87
77.99%
1,566.60
787.66
98.89%
1,615.64
825.23
95.78%
1,316.85
791.39
66.40%
Expenses
1,462.24
839.90
74.10%
1,267.62
655.91
93.26%
1,332.67
650.51
104.87%
1,054.03
626.84
68.15%
EBITDA
349.51
177.97
96.39%
298.98
131.75
126.93%
282.97
174.72
61.96%
262.82
164.55
59.72%
EBIDTM
19.29%
17.48%
19.08%
16.73%
17.51%
21.17%
19.96%
20.79%
Other Income
7.24
7.07
2.40%
4.36
11.02
-60.44%
8.58
0.80
972.50%
0.77
2.44
-68.44%
Interest
25.46
13.41
89.86%
19.41
11.80
64.49%
14.27
10.26
39.08%
14.78
10.48
41.03%
Depreciation
32.01
27.19
17.73%
30.35
27.25
11.38%
30.54
25.18
21.29%
29.63
22.53
31.51%
PBT
299.28
144.44
107.20%
253.58
103.72
144.49%
246.74
140.08
76.14%
219.18
133.98
63.59%
Tax
79.99
39.38
103.12%
64.89
28.95
124.15%
64.09
39.23
63.37%
44.39
38.94
14.00%
PAT
219.29
105.06
108.73%
188.69
74.77
152.36%
182.65
100.85
81.11%
174.79
95.04
83.91%
PATM
12.10%
10.32%
12.04%
9.49%
11.31%
12.22%
13.27%
12.01%
EPS
22.61
11.28
100.44%
19.49
8.15
139.14%
18.81
10.77
74.65%
18.55
10.06
84.39%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Net Sales
6,310.84
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
1,121.81
Net Sales Growth
84.41%
56.92%
12.44%
-9.11%
28.47%
21.27%
9.07%
7.15%
19.32%
0.99%
 
Cost Of Goods Sold
3,967.90
2,327.33
1,346.77
1,215.00
1,400.94
1,063.58
907.22
876.97
726.63
555.24
615.39
Gross Profit
2,342.94
1,620.28
1,168.86
1,022.30
1,060.63
852.54
672.77
571.65
625.27
577.72
506.42
GP Margin
37.13%
41.04%
46.46%
45.69%
43.09%
44.49%
42.58%
39.46%
46.25%
50.99%
45.14%
Total Expenditure
5,116.56
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
938.52
Power & Fuel Cost
-
42.59
32.12
30.64
28.90
20.76
18.59
17.66
16.81
14.77
13.24
% Of Sales
-
1.08%
1.28%
1.37%
1.17%
1.08%
1.18%
1.22%
1.24%
1.30%
1.18%
Employee Cost
-
267.47
221.97
195.95
174.06
133.48
104.31
87.63
79.80
67.31
55.57
% Of Sales
-
6.78%
8.82%
8.76%
7.07%
6.97%
6.60%
6.05%
5.90%
5.94%
4.95%
Manufacturing Exp.
-
90.40
67.44
71.81
65.01
90.52
57.63
47.66
95.16
78.38
71.49
% Of Sales
-
2.29%
2.68%
3.21%
2.64%
4.72%
3.65%
3.29%
7.04%
6.92%
6.37%
General & Admin Exp.
-
105.77
70.62
65.55
59.96
60.89
45.83
40.50
73.40
72.16
54.09
% Of Sales
-
2.68%
2.81%
2.93%
2.44%
3.18%
2.90%
2.80%
5.43%
6.37%
4.82%
Selling & Distn. Exp.
-
241.53
164.90
148.98
147.95
79.07
51.87
39.67
104.85
113.19
121.95
% Of Sales
-
6.12%
6.56%
6.66%
6.01%
4.13%
3.28%
2.74%
7.76%
9.99%
10.87%
Miscellaneous Exp.
-
137.96
97.21
75.05
82.81
67.00
70.65
35.90
1.23
26.71
121.95
% Of Sales
-
3.49%
3.86%
3.35%
3.36%
3.50%
4.47%
2.48%
0.09%
2.36%
0.61%
EBITDA
1,194.28
734.56
514.60
434.32
501.94
400.82
323.89
302.63
254.02
205.21
183.29
EBITDA Margin
18.92%
18.61%
20.46%
19.41%
20.39%
20.92%
20.50%
20.89%
18.79%
18.11%
16.34%
Other Income
20.95
32.36
21.42
41.05
14.72
22.83
13.21
14.87
7.90
11.16
14.21
Interest
73.92
50.25
45.39
55.04
49.87
32.72
26.89
20.44
17.85
20.09
18.35
Depreciation
122.53
109.25
93.53
84.53
58.89
51.29
38.74
32.82
31.45
21.87
16.97
PBT
1,018.78
607.42
397.10
335.80
407.90
339.64
271.47
264.24
212.62
174.41
162.17
Tax
253.36
151.95
109.03
57.13
125.05
106.05
76.74
86.74
46.28
34.90
25.72
Tax Rate
24.87%
25.02%
27.46%
17.01%
31.12%
31.22%
28.27%
32.83%
22.84%
21.23%
16.90%
PAT
765.42
441.28
276.35
267.43
261.61
220.55
186.54
163.66
147.41
118.44
116.29
PAT before Minority Interest
719.02
455.47
288.07
278.67
276.80
233.59
194.73
177.50
156.34
129.50
126.43
Minority Interest
-46.40
-14.19
-11.72
-11.24
-15.19
-13.04
-8.19
-13.84
-8.93
-11.06
-10.14
PAT Margin
12.13%
11.18%
10.99%
11.95%
10.63%
11.51%
11.81%
11.30%
10.90%
10.45%
10.37%
PAT Growth
103.72%
59.68%
3.34%
2.22%
18.62%
18.23%
13.98%
11.02%
24.46%
1.85%
 
EPS
84.58
48.76
30.54
29.55
28.91
24.37
20.61
18.08
16.29
13.09
12.85

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Shareholder's Funds
1,914.28
1,579.41
1,380.09
1,238.33
1,083.86
928.59
805.45
775.89
661.57
572.70
Share Capital
18.10
18.10
18.10
18.10
18.10
18.10
18.10
18.10
18.10
18.10
Total Reserves
1,896.18
1,561.31
1,361.99
1,220.23
1,065.76
910.49
787.35
757.79
643.48
554.61
Non-Current Liabilities
496.63
497.89
317.04
242.60
290.75
226.40
211.07
201.47
180.69
89.43
Secured Loans
397.89
401.41
252.80
151.56
196.10
147.96
134.07
155.29
151.72
54.69
Unsecured Loans
37.97
31.80
0.00
0.00
0.00
0.00
0.64
0.64
0.65
12.58
Long Term Provisions
1.00
0.91
1.92
0.15
0.18
0.00
0.00
1.15
1.27
1.45
Current Liabilities
1,117.88
819.43
732.15
724.47
565.98
526.50
447.89
364.69
472.12
405.30
Trade Payables
464.94
286.08
154.43
163.30
143.33
89.32
108.03
62.63
38.52
23.14
Other Current Liabilities
382.76
310.70
208.57
235.95
175.08
172.04
130.91
121.52
130.56
85.59
Short Term Borrowings
236.81
193.98
357.37
312.92
229.28
260.99
208.95
172.55
290.38
277.26
Short Term Provisions
33.37
28.67
11.78
12.30
18.29
4.15
0.00
7.99
12.67
19.31
Total Liabilities
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
1,107.97
Net Block
1,492.73
1,287.53
1,208.55
1,042.88
923.28
776.77
702.79
584.86
490.88
372.46
Gross Block
1,928.76
1,622.57
1,455.90
1,213.56
1,037.78
839.76
861.51
713.93
582.50
442.47
Accumulated Depreciation
436.03
335.04
247.35
170.68
114.50
62.99
158.72
129.07
91.62
70.00
Non Current Assets
1,965.56
1,733.76
1,497.29
1,290.45
1,169.29
989.82
863.21
778.48
682.78
538.38
Capital Work in Progress
230.37
292.88
164.97
177.56
107.40
90.93
30.44
61.05
81.04
60.61
Non Current Investment
18.22
0.97
2.33
2.56
3.04
3.50
9.17
7.73
10.17
9.52
Long Term Loans & Adv.
95.88
67.83
98.24
54.30
106.67
94.22
101.67
124.59
100.64
92.50
Other Non Current Assets
128.36
84.55
23.20
13.15
28.90
24.40
19.14
0.25
0.04
3.29
Current Assets
1,663.86
1,225.66
983.50
962.50
818.68
731.93
649.00
610.09
665.68
568.96
Current Investments
0.00
0.00
0.02
30.08
14.01
49.75
30.92
29.63
15.02
39.42
Inventories
718.87
440.49
330.98
282.74
232.42
181.07
159.86
164.88
152.83
136.13
Sundry Debtors
541.10
455.48
370.32
399.04
363.58
319.06
270.98
191.30
185.34
155.92
Cash & Bank
98.75
181.20
120.14
91.76
69.46
39.39
36.71
37.27
133.02
92.19
Other Current Assets
305.14
85.45
96.09
103.61
139.21
142.66
150.53
187.01
179.47
145.30
Short Term Loans & Adv.
202.28
63.04
65.95
55.27
73.67
78.65
81.65
182.53
173.41
134.45
Net Current Assets
545.98
406.23
251.35
238.03
252.70
205.43
201.11
245.40
193.55
163.66
Total Assets
3,629.42
2,959.42
2,480.79
2,252.95
1,987.97
1,721.75
1,512.21
1,389.19
1,352.50
1,107.97

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Cash From Operating Activity
297.80
356.68
324.81
313.75
254.10
117.62
243.28
230.48
169.95
112.84
PBT
607.42
397.10
335.80
401.85
339.64
271.47
264.24
202.62
164.41
152.15
Adjustment
162.27
168.94
130.31
142.72
104.26
16.94
51.51
85.13
55.53
62.45
Changes in Working Capital
-312.29
-105.27
-33.35
-101.40
-100.35
-111.76
-25.52
-4.05
-21.45
-75.56
Cash after chg. in Working capital
457.40
460.77
432.76
443.17
343.55
176.65
290.23
283.70
198.49
139.04
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-159.60
-104.09
-107.95
-129.42
-89.45
-59.03
-46.95
-53.22
-28.54
-26.20
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
-303.05
-250.74
-212.24
-202.26
-174.33
-170.40
-140.83
-149.03
-160.59
-155.43
Net Fixed Assets
-103.57
-146.32
-66.41
-116.63
-61.47
13.94
-72.03
-48.69
-44.44
-62.59
Net Investments
-17.26
1.34
-37.69
-26.66
36.98
-36.15
-7.75
10.69
11.56
-12.42
Others
-182.22
-105.76
-108.14
-58.97
-149.84
-148.19
-61.05
-111.03
-127.71
-80.42
Cash from Financing Activity
-45.40
-26.07
-33.62
-51.74
-53.21
53.27
-91.62
-177.20
31.46
71.77
Net Cash Inflow / Outflow
-50.65
79.87
78.95
59.75
26.56
0.49
10.83
-95.75
40.82
29.18
Opening Cash & Equivalents
169.93
92.56
61.00
52.49
25.93
25.44
14.61
133.02
92.19
63.01
Closing Cash & Equivalent
84.67
169.93
92.56
61.00
52.49
25.93
25.44
37.27
133.02
92.19

Financial Ratios

Consolidated /

Standalone
Description
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Book Value (Rs.)
211.52
174.52
152.50
136.83
119.76
102.61
89.00
85.67
363.32
316.10
ROA
13.83%
10.59%
11.77%
13.05%
12.59%
12.04%
12.24%
11.40%
10.53%
12.60%
ROE
26.07%
19.47%
21.29%
23.84%
23.21%
22.46%
22.46%
21.82%
21.06%
25.98%
ROCE
25.56%
19.87%
19.89%
26.24%
24.57%
22.67%
24.24%
19.28%
17.70%
20.77%
Fixed Asset Turnover
2.24
1.66
1.68
2.19
2.08
2.01
2.00
2.26
2.39
3.10
Receivable days
45.64
59.10
62.76
56.54
63.84
62.93
53.60
46.99
50.89
44.34
Inventory Days
53.10
55.21
50.06
38.19
38.67
36.36
37.65
39.64
43.09
39.76
Payable days
38.93
51.02
31.41
29.72
28.88
29.94
28.20
16.88
12.97
18.78
Cash Conversion Cycle
59.82
63.30
81.41
65.01
73.63
69.34
63.05
69.74
81.01
65.31
Total Debt/Equity
0.45
0.50
0.51
0.49
0.48
0.54
0.49
0.48
0.74
0.65
Interest Cover
13.09
9.75
7.10
9.06
11.38
11.10
13.93
12.35
9.18
9.29

News Update:


  • Solar Industries planning to raise Rs 60 crore through NCDs
    20th Dec 2022, 10:10 AM

    The company is planning to raise fund through issuance of 8.20% per annum, 600 NCDs

    Read More
  • Solar Industries - Quarterly Results
    4th Nov 2022, 14:14 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.