Solar Industries India Limited

Web: solargroup.com NSE: SOLARINDS BSE: 532725 SECTOR: Chemicals - Chemicals & Petrochemicals

18631 225(-1%)

Near 52W High of 19187

Volume

80k as on 22, Jul

Open

17,870

High

18,232

Low

17,825

18,856

VWAP

18,931

52 Week High

19,187

52 Week Low

11,646

Viand Research Rating

Quality Score

93/100

Growth Score

83/100

Valuation Score

25/100

Momentum Score

70/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

1,68,592

No. of Shares

9.05

P/E

89.36

P/B

37.05

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

26.01

ROCE

Profit Growth

Listing Date

03-Apr-06

Promoter Holding

73.15%

FII Holding

6.59%

DII Holding

12.89%

Price Chart

Price Performance

1 Week3%

1 Month2%

3 Months23%

6 Months46%

1 Year27%

YTD55%

Moving Average

5 Day SMA18,759

10 Day SMA18,414

20 Day SMA18,324

30 Day SMA18,086

50 Day SMA18,017

61 Day SMA17,583

80 Day SMA16,715

200 Day SMA14,710

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	19,450	19,122	19,296	19,464
Resistance 2	19,296	19,096	19,190	19,303
Resistance 1	19,171	19,071	19,124	19,184
Pivot Point	19,017	19,045	19,017	19,024
Support 1	18,892	19,019	18,911	18,906
Support 2	18,738	18,994	18,845	18,745
Support 3	18,613	18,968	18,738	18,626

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	SOLARINDS	1,68,592	18631	3%	2%	46%	27%	89	57.9	0.24	1737
2	PIDILITIND	1,60,302	1575	3%	2%	11%	10%	62	57.9	0.04	2471
3	SRF	77,737	2622	3%	5%	5%	10%	0	57.9	0.36	1835
4	COROMANDEL	59,564	2019	1%	2%	11%	13%	0	57.9	0.12	1898
5	LINDEINDIA	57,311	6720	3%	8%	14%	4%	0	57.9	0.02	549
6	FACT	52,151	806	4%	10%	1%	14%	0	57.9	2.79	41
7	UPL	51,072	605	2%	1%	13%	16%	0	57.9	0.68	2220
8	FLUOROCHEM	50,401	4588	11%	19%	41%	28%	0	57.9	0.29	574
9	PIIND	41,502	2736	3%	4%	15%	34%	0	57.9	0.03	1321
10	NAVINFLUOR	39,421	7688	2%	3%	32%	54%	0	57.9	0.32	664
Load More

Shareholding Pattern (%)

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Promoters	(0.01) 73.15%	(0.01) 73.15%	(0.01) 73.15%	(0.01) 73.15%	(0.01) 73.15%	(0.01) 73.15%	(0.01) 73.15%	(0.01) 73.15%	(0.01) 73.15%	(0.01) 73.15%	(0.01) 73.15%	(0.01) 73.15%	(0.01) 73.15%	(0.01) 73.15%	(0.01) 73.15%	(0.01) 73.15%	(0.01) 73.15%	(0.01) 73.15%	(0.01) 73.15%
FIIs	(-0.21) 6.59%	(-0.41) 6.74%	(0.31) 7.11%	(1.01) 6.79%	(-1.41) 5.82%	(-0.31) 7.23%	(0.01) 7.53%	(1.51) 7.56%	(0.21) 6.10%	(0.01) 5.90%	(0.11) 5.89%	(-0.81) 5.79%	(-0.11) 6.63%	(0.11) 6.72%	(0.01) 6.64%	(0.41) 6.63%	(-0.11) 6.28%	(0.61) 6.37%	(0.01) 5.81%
DIIs	(0.01) 12.89%	(0.01) 12.91%	(-0.71) 12.90%	(-0.51) 13.59%	(1.31) 14.10%	(0.11) 12.78%	(-0.11) 12.68%	(-1.81) 12.74%	(-0.51) 14.52%	(-0.21) 15.05%	(0.21) 15.24%	(0.71) 15.01%	(-0.11) 14.32%	(-0.21) 14.45%	(-0.11) 14.60%	(-0.41) 14.73%	(-0.31) 15.16%	(-0.81) 15.43%	(0.01) 16.19%
Public	7.35%	7.20%	6.84%	6.47%	6.92%	6.82%	6.64%	6.54%	6.22%	5.88%	5.71%	6.04%	5.91%	5.67%	5.61%	5.50%	5.41%	5.05%	4.85%
No. of Shareholders	115,917	113,869	105,014	97,712	95,380	83,959	78,402	72,853	64,377	57,926	50,103	51,199	51,943	49,247	39,404	31,872	28,759	33,496	25,070

Quarterly Results

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021	Jun 2021
Sales	3053	2548	2082	2154	2167	1973	1716	1685	1611	1429	1347	1682	1929	1812	1567	1616	1317	1018	788	825
Sales Growth % (YoY)	40.9%	29.2%	21.4%	27.9%	34.5%	38.1%	27.3%	0.2%	-16.5%	-21.1%	-14%	4.1%	46.4%	78%	98.9%	95.8%	66.4%	57.6%	34.1%	68%
Sales Growth % (QoQ)	19.8%	22.4%	-3.3%	-0.6%	9.8%	15%	1.8%	4.6%	12.7%	6.1%	-19.9%	-12.8%	6.5%	15.6%	-3%	22.7%	29.4%	29.2%	-4.5%	-
Expenses	2227	1840	1530	1620	1629	1447	1271	1235	1257	1074	1012	1359	1571	1462	1268	1333	1054	840	656	651
Operating Profit	826	708	552	535	537	527	445	449	354	355	335	323	357	350	299	283	263	178	132	175
OPM %	27	28	26	25	25	27	26	27	22	25	25	19	19	19	19	18	20	17	17	21
Other Income	46	25	29	29	7	10	36	26	20	11	8	8	11	7	4	9	1	7	11	1
Interest	41	34	31	27	29	31	30	27	32	28	25	25	31	25	19	14	15	13	12	10
Depreciation	71	63	61	56	50	47	44	40	37	39	34	34	35	32	30	31	30	27	27	25
Profit before tax	759	636	490	481	464	459	407	408	305	299	285	272	302	299	254	247	219	144	104	140
Tax %	27	27	26	27	25	26	25	26	21	26	27	26	27	27	26	26	20	27	28	28
Net Profit	556	467	361	353	346	338	304	301	243	222	209	202	221	219	189	183	175	105	75	101
Net Profit Growth % (QoQ)	19.1%	29.4%	2.3%	2%	2.4%	11.2%	1%	23.9%	9.5%	6.2%	3.5%	-8.6%	0.9%	15.9%	3.3%	4.6%	66.7%	40%	-25.7%	-
Net Profit Growth % (YoY)	60.7%	38.2%	18.8%	17.3%	42.4%	52.3%	45.5%	49%	10%	1.4%	10.6%	10.4%	26.3%	108.6%	152%	81.2%	-	-	-	-
TTM Net Profit	1737	1527	1398	1341	1289	1186	1070	975	876	854	851	831	812	766	652	538	456	281	176	0
EPS in Rs	60.52	49.31	38.12	37.43	35.61	34.8	31.59	31.66	25.98	22.47	22.12	21.82	22.78	22.61	19.49	18.81	18.55	11.28	8.15	10.78

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Sales	9838	7540	6070	6918	3948	2516	2237	2462	1916	1580	1449	1276	1073	1053
Sales Growth %	-	24.2%	-12.3%	75.3%	56.9%	12.4%	-9.1%	28.5%	21.3%	9.1%	13.5%	18.9%	2%	15.7%
Expenses	7216	5514	4588	5582	3199	2001	1803	1960	1505	1256	1144	1022	868	870
Operating Profit	2622	2026	1482	1336	748	515	434	502	412	324	304	254	205	183
OPM %	27	27	24	19	19	20	19	20	21	20	21	20	19	17
Other Income	128	10	-68	-16	19	21	41	9	12	13	13	-2	1	4
Interest	134	116	109	90	50	45	55	50	33	27	20	18	20	18
Depreciation	251	182	143	128	109	94	85	59	51	39	33	31	22	17
Profit before tax	2365	1739	1161	1102	607	397	336	402	340	271	264	203	164	152
Tax %	27	26	25	26	25	27	17	31	31	28	33	23	21	17
Net Profit	1737	1288	875	811	455	288	279	277	234	195	178	156	130	126
Net Profit Growth %	34.9%	47.2%	7.9%	78.2%	58%	3.2%	0.7%	18.4%	20%	9.6%	14.1%	20%	3.2%	-
EPS in Rs	185.38	133.65	92.38	83.68	48.77	30.54	29.55	28.91	24.37	20.61	18.08	16.29	13.09	12.85
Dividend Payout %	6	7	9	10	15	20	20	24	25	24	25	21	0	17

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Cash from Operating Activity	621	2468	1406	656	298	357	325	314	254	118	243	230	170	113
Cash from Investing Activity	-1164	-1660	-1022	-614	-338	-253	-260	-254	-174	-170	-141	-149	-161	-155
Cash from Financing Activity	209	-476	-370	118	-45	-26	-34	-52	-53	53	-92	-177	31	72
Net Cash Flow	-334	331	14	160	-85	77	32	9	27	0	11	-96	41	29

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Equity Capital	18	18	18	18	18	18	18	18	18	18	18	18	18	18	18	18
Reserves	6259	5098	4368	3776	3288	2592	1896	1561	1362	1220	1066	910	787	758	643	555
Borrowings	1524	876	975	1198	1138	1195	888	808	708	603	518	501	398	371	484	372
Other Liabilities	3117	3025	2744	1685	1134	1104	827	572	393	411	387	292	309	243	207	163
Total Liabilities	10918	9017	8106	6678	5577	4909	3629	2959	2481	2253	1988	1722	1512	1389	1352	1108
Fixed Assets	4045	3240	2692	2336	2028	1702	1493	1288	1209	1043	923	777	703	585	491	372
CWIP	692	790	707	560	490	282	230	293	165	178	107	91	30	61	81	61
Investments	183	278	676	192	370	99	18	1	2	33	17	53	40	37	25	49
Other Assets	5999	4709	4030	3589	2690	2826	1888	1378	1105	1000	940	801	739	706	755	626
Total Assets	10918	9017	8106	6678	5577	4909	3629	2959	2481	2253	1988	1722	1512	1389	1352	1108

OI Chart

Price

Delivery

#	Date	15850 21% 19187	Value (Cr)	Q/T 7	Del 45	Del 321
1	22-Jul	18856	152	4	39	60
2	21-Jul	19045	193	5	25	49
3	20-Jul	19028	452	5	34	155
4	17-Jul	18467	178	5	28	50
5	16-Jul	18400	187	3	38	71
6	15-Jul	18285	184	4	30	56
7	14-Jul	18287	173	4	40	69
8	13-Jul	18156	196	3	26	51
9	10-Jul	18236	393	5	23	92
10	9-Jul	17380	566	5	31	178
11	8-Jul	17971	160	3	40	63
12	7-Jul	18268	362	5	35	126
13	6-Jul	18539	180	4	34	60
14	3-Jul	18514	188	4	29	54
15	2-Jul	18659	187	4	37	69
16	1-Jul	18610	255	4	27	69
17	30-Jun	18696	566	5	34	190
18	29-Jun	17798	764	5	61	470
19	25-Jun	17428	185	4	46	86
20	24-Jun	17864	151	4	32	48
21	23-Jun	18227	278	5	46	129
22	22-Jun	18441	226	4	38	87
23	19-Jun	18052	514	5	43	222
24	18-Jun	17764	209	4	33	69
25	17-Jun	17457	207	4	41	84
26	16-Jun	16899	197	4	44	87
27	15-Jun	17277	119	4	41	48
28	12-Jun	17143	188	5	36	68
29	11-Jun	17141	307	4	42	129
30	10-Jun	17697	173	4	43	74
31	9-Jun	18267	171	3	48	82
32	8-Jun	18114	187	4	44	83
33	5-Jun	18441	190	4	38	73
34	4-Jun	18293	299	5	50	149
35	3-Jun	18577	493	7	60	296
36	2-Jun	18386	335	5	57	192
37	1-Jun	18203	184	4	46	85
38	29-May	18247	894	10	66	595
39	27-May	18653	195	5	54	105
40	26-May	18479	205	5	42	86
41	25-May	18377	193	5	31	60
42	22-May	18132	285	5	49	139
43	21-May	18392	361	4	45	161
44	20-May	18210	398	4	40	161
45	19-May	18116	554	5	33	182
46	18-May	18019	1226	5	24	300
47	15-May	17314	958	6	24	228
48	14-May	16665	500	6	35	175

Daily Market Cap

Date	Total Market Cap	Change	Chg %
23-Jul	1,68,592c	1,801c	1.06
22-Jul	1,70,393c	2,443c	1.41
21-Jul	1,72,836c	6,153c	3.69
17-Jul	1,66,683c	181c	0.11
16-Jul	1,66,502c	208c	0.13
15-Jul	1,66,294c	2,217c	1.35
14-Jul	1,64,077c	624c	0.38
13-Jul	1,64,701c	552c	0.34
10-Jul	1,64,149c	6,832c	4.34
09-Jul	1,57,317c	5,610c	3.44
08-Jul	1,62,927c	1,946c	1.18
07-Jul	1,64,873c	3,013c	1.79
06-Jul	1,67,886c	914c	0.54
02-Jul	1,68,800c	281c	0.17
30-Jun	1,69,081c	10,262c	6.46
29-Jun	1,58,819c	1,086c	0.69
26-Jun	1,57,733c	2,271c	1.42
25-Jun	1,60,005c	1,484c	0.92
24-Jun	1,61,489c	2,905c	1.77
23-Jun	1,64,393c	2,914c	1.74
22-Jun	1,67,307c	3,882c	2.38
19-Jun	1,63,425c	4,190c	2.63
17-Jun	1,59,235c	6,352c	4.16
16-Jun	1,52,883c	4,036c	2.57
15-Jun	1,56,919c	1,547c	1.00
12-Jun	1,55,371c	7,094c	4.37
11-Jun	1,62,466c	1,249c	0.76
10-Jun	1,63,715c	0	0

Stock Checklist

Price is above from 52 week high low average: 85%

Stock is trading above all short term SMAs: YES

Stock is trading above all long term SMAs: YES

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: NO

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 413 fund scheme(s) across 45 fund house(s) as of Jul26 · Total value ₹31,500 Cr · 114 increasing / 16 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
SBI Mutual Fund	16	5.68%	-	9540.5
Kotak Mahindra Mutual Fund	32	5.63%	+0.23%	8258.9
HDFC Mutual Fund	24	9.57%	+0.49%	2864.1
Axis Mutual Fund	34	0.99%	-	2515.3
Canara Robeco Mutual Fund	18	1.46%	-	1706.3
Edelweiss Mutual Fund	21	2.28%	-	907.8
Motilal Oswal Mutual Fund	10	9.32%	-	847.5
PGIM India Mutual Fund	24	1.56%	-	642.6
UTI Mutual Fund	14	1.30%	-	533
Mirae Asset Mutual Fund	10	0.66%	-	469.8
Tata Mutual Fund	12	8.80%	-	421.5
ICICI Prudential Mutual Fund	16	0.68%	+0.37%	381.9
Aditya Birla Sun Life Mutual Fund	8	13.13%	-	360.2
Union Mutual Fund	28	25.33%	-	336.6
ITI Mutual Fund	12	2.03%	+0.26%	296.3
Baroda BNP Paribas Mutual Fund	8	2.26%	-	277.9
Helios Mutual Fund	4	1.60%	+0.39%	255.8
DSP Mutual Fund	8	1.74%	-	210.4
Mahindra Manulife Mutual Fund	4	1.33%	+0.16%	208.2
WhiteOak Capital Mutual Fund	6	1.20%	+0.28%	183.2
Trust Mutual Fund	8	3.87%	+0.26%	141
Bandhan Mutual Fund	20	2.03%	-	119.9
360 ONE Mutual Fund	2	3.50%	-	61.6
Navi Mutual Fund	6	1.49%	-	37.9
The Wealth Company Mutual Fund	4	3.77%	-	17.2
Samco Mutual Fund	6	1.62%	+2.89%	11.8
PGIM India Asset Management Private Limite	2	1.25%	+0.91%	6.8
HSBC Mutual Fund	2	1.53%	-	4.5
Franklin Templeton Mutual Fund	4	0.37%	+2.63%	4.3
PPFAS Mutual Fund	2	0.28%	-	3.9
Invesco Mutual Fund	4	0.29%	-	3.8
Sundaram Mutual Fund	2	1.30%	+0.21%	3.7
Bank of India Mutual Fund	2	0.84%	-	3.6
LIC Mutual Fund	2	1.53%	-	3.2
Zerodha Mutual Fund	3	0.15%	+0.03%	3
Jio BlackRock Mutual Fund	2	1.51%	-	2.5
Taurus Mutual Fund	2	1.47%	-0.53%	1.5
Groww Mutual Fund	4	10.71%	-	1.5
Angel One Mutual Fund	4	1.77%	-	1.1
Unifi Mutual Fund	2	0.00%	-	0
Old Bridge Mutual Fund	2	0.20%	+0.20%	-0.8
NJ Mutual Fund	4	0.06%	+0.01%	-1.7
Nippon India Mutual Fund	8	-9.71%	-	-16.5
Bajaj Finserv Mutual Fund	6	-38.77%	+0.15%	-24
ICICI Prudential Asset Management Company Limited	1	0.32%	+0.32%	-107.3

Solar Industries India Limited

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