Nifty
:
18534.40
Sensex
:
62622.24
-99.45 (-0.53%)
-346.89 (-0.55%)
Nifty
Sensex
:
:
18534.40
62622.24
-99.45 (-0.53%)
-346.89 (-0.55%)

Solar Industries India Ltd.

Explosives

Rating :
73/99

BSE: 532725 | NSE: SOLARINDS

NSE BSE
3752.40
31-May-2023
  • Day's Open
  • Day's High
  • Day's Low
  • Previous Close
  • 3809.70
  • 3829.70
  • 3734.95
  • 3789.75
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  25644
  •  967.86
  •  4538.00
  •  2575.85

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 33,930.60
  • 45.33
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 34,839.74
  • 0.21%
  • 13.15

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 73.15%
  • 0.98%
  • 4.43%
  • FII
  • DII
  • Others
  • 6.63%
  • 14.01%
  • 0.80%

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
  • 41.45
  • 45.45
  • 51.97

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 9.19
  • 10.00
  • 11.31

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 25.18
  • 26.31
  • 29.84

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Var%
Dec 22
Dec 21
Var%
Sep 22
Sep 21
Var%
Jun 22
Jun 21
Var%
Net Sales
1,928.54
1,316.85
46.45%
1,811.75
1,017.87
77.99%
1,566.60
787.66
98.89%
1,615.64
825.23
95.78%
Expenses
1,571.08
1,054.03
49.05%
1,462.24
839.90
74.10%
1,267.62
655.91
93.26%
1,332.67
650.51
104.87%
EBITDA
357.46
262.82
36.01%
349.51
177.97
96.39%
298.98
131.75
126.93%
282.97
174.72
61.96%
EBIDTM
18.54%
19.96%
19.29%
17.48%
19.08%
16.73%
17.51%
21.17%
Other Income
11.34
0.77
1,372.73%
7.24
7.07
2.40%
4.36
11.02
-60.44%
8.58
0.80
972.50%
Interest
31.24
14.78
111.37%
25.46
13.41
89.86%
19.41
11.80
64.49%
14.27
10.26
39.08%
Depreciation
35.31
29.63
19.17%
32.01
27.19
17.73%
30.35
27.25
11.38%
30.54
25.18
21.29%
PBT
302.25
219.18
37.90%
299.28
144.44
107.20%
253.58
103.72
144.49%
246.74
140.08
76.14%
Tax
81.44
44.39
83.46%
79.99
39.38
103.12%
64.89
28.95
124.15%
64.09
39.23
63.37%
PAT
220.81
174.79
26.33%
219.29
105.06
108.73%
188.69
74.77
152.36%
182.65
100.85
81.11%
PATM
11.45%
13.27%
12.10%
10.32%
12.04%
9.49%
11.31%
12.22%
EPS
22.77
18.55
22.75%
22.61
11.28
100.44%
19.49
8.15
139.14%
18.81
10.77
74.65%

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
-
6,922.53
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
-
75.36%
56.92%
12.44%
-9.11%
28.47%
21.27%
9.07%
7.15%
19.32%
 
Cost Of Goods Sold
-
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
-
2,580.16
1,620.28
1,168.86
1,022.30
1,060.63
852.54
672.77
571.65
625.27
577.72
GP Margin
-
37.27%
41.04%
46.46%
45.69%
43.09%
44.49%
42.58%
39.46%
46.25%
50.99%
Total Expenditure
-
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.
-
111.85
90.40
67.44
71.81
65.01
90.52
57.63
47.66
95.16
78.38
% Of Sales
-
1.62%
2.29%
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.
-
388.66
241.53
164.90
148.98
147.95
79.07
51.87
39.67
104.85
113.19
% Of Sales
-
5.61%
6.12%
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
-
1,288.92
734.56
514.60
434.32
501.94
400.82
323.89
302.63
254.02
205.21
EBITDA Margin
-
18.62%
18.61%
20.46%
19.41%
20.39%
20.92%
20.50%
20.89%
18.79%
18.11%
Other Income
-
31.52
32.36
21.42
41.05
14.72
22.83
13.21
14.87
7.90
11.16
Interest
-
90.38
50.25
45.39
55.04
49.87
32.72
26.89
20.44
17.85
20.09
Depreciation
-
128.21
109.25
93.53
84.53
58.89
51.29
38.74
32.82
31.45
21.87
PBT
-
1,101.85
607.42
397.10
335.80
407.90
339.64
271.47
264.24
212.62
174.41
Tax
-
290.41
151.95
109.03
57.13
125.05
106.05
76.74
86.74
46.28
34.90
Tax Rate
-
26.36%
25.02%
27.46%
17.01%
31.12%
31.22%
28.27%
32.83%
22.84%
21.23%
PAT
-
757.19
441.28
276.35
267.43
261.61
220.55
186.54
163.66
147.41
118.44
PAT before Minority Interest
-
811.17
455.47
288.07
278.67
276.80
233.59
194.73
177.50
156.34
129.50
Minority Interest
-
-53.98
-14.19
-11.72
-11.24
-15.19
-13.04
-8.19
-13.84
-8.93
-11.06
PAT Margin
-
10.94%
11.18%
10.99%
11.95%
10.63%
11.51%
11.81%
11.30%
10.90%
10.45%
PAT Growth
-
71.59%
59.68%
3.34%
2.22%
18.62%
18.23%
13.98%
11.02%
24.46%
 
EPS
-
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

Annual Reports:

FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016
FY 2015
FY 2014

News Update:


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    21st Apr 2023, 12:13 PM

    The contract is for value of Rs 212 crore to be delivered within a period of 1 year

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  • Solar Industries India's arm to make investment in Rajasthan Explosives and Chemicals
    11th Apr 2023, 17:39 PM

    The company’s investment in RECL is in line with the long-term business plan of the Company to expand its business operations

    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.