Nifty
Sensex
:
:
22179.10
73051.18
57.05 (0.26%)
261.05 (0.36%)

Explosives

Rating :
69/99

BSE: 532725 | NSE: SOLARINDS

6811.30
26-Feb-2024
  • Open
  • High
  • Low
  • Previous Close
  •  6920.00
  •  6969.00
  •  6801.00
  •  6872.45
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  44813
  •  3078.90
  •  7832.90
  •  3453.35

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 61,705.62
  • 76.46
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 62,478.24
  • 0.12%
  • 20.02

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 73.15%
  • 0.99%
  • 4.44%
  • FII
  • DII
  • Others
  • 5.9%
  • 14.77%
  • 0.75%

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
  • 44.12
  • 47.95
  • 56.62

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 10.10
  • 11.27
  • 13.89

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 26.27
  • 28.32
  • 33.31

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
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
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
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
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
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

News Update:


  • Solar Industries India bags export orders worth Rs 994 crore
    8th Jan 2024, 14:45 PM

    The order is to be delivered over a period of three years

    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.