Solar Industries India Ltd.
-
NSE: SOLARINDS
-
BSE: 532725
-
Q
-
V
-
T
Quality Score
High Financial StrengthValuation Score
Expensive ValuationTechnical Score
Technically NeutralBroker average target upside %
9.80 %
Low in industry
TTM PE Ratio
45.80
Above industry Median
Price to Book Ratio
12.60
High in industry
Operating Revenues Qtr Cr
1928.50 Cr
High in industry
Net Profit Qtr Cr
206.10 Cr
High in industry
RSI
56.70
RSI is mid-range
MFI
59.30
MFI is mid-range
MACD
0.80
MACD above Signal and Center
MACD Signal Line
-2.90
MACD above Signal and Center
30Day SMA Rs
3786.00 Rs
price crossed below SMA30 today
50Day SMA Rs
3788.00 Rs
price crossed below SMA50 today
100Day SMA Rs
3881.80 Rs
Price below SMA-100
200Day SMA Rs
3866.30 Rs
Price below SMA-200
Promoter holding %
73.15
No change in Promoter holding
FII holding current Qtr %
6.63
FII holdings fell by 0.09%
MF holding current Qtr %
13.99
MF holdings fell by 0.11%
Institutions holding %
20.95
Institutions holding decreased by 0.2200%.
Broker Average Rating
4.67
Broker Average Rating
Broker Covering stock
4.00
4 Broker Covering stock
Broker 1Year total
11.00
11 Broker 1Year total
Broker 6M Reco downgrade
0.00
0 Broker 6M Reco downgrade
Broker 6M Reco upgrade
1.00
1 Broker 6M Reco upgrade
Broker 6M Target downgrade
2.00
2 Broker 6M Target downgrade
Broker 6M Target upgrade
2.00
2 Broker 6M Target upgrade
Momentum score
51.21
Technically Neutral
Valuation score
17.33
Expensive Valuation
Quality score
75.06
High Financial Strength
-
- 2023-05-30T11:47:50+00:00
SOLAR INDUSTRIES INDIA LTD. - 532725 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper clippings - 'Twenty Eighth' Annual General Meeting, 'Information on E-voting' and Record date/Book closure date
Read More -
- 2023-05-29T15:01:17+00:00
SOLAR INDUSTRIES INDIA LTD. - 532725 - Business Responsibility and Sustainability Reporting (BRSR)
Business Responsibility and Sustainability Report for FY 2022-23.
Read More -
- 2023-05-29T14:46:39+00:00
SOLAR INDUSTRIES INDIA LTD. - 532725 - Reg. 34 (1) Annual Report.
Integrated Annual Report for the financial year 2022-23 including Notice convening 28th Annual General Meeting (AGM) and Intimation of Record Date.
Read More -
- 2023-05-24T12:48:10+00:00
SOLAR INDUSTRIES INDIA LTD. - 532725 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper clippings - 'Twenty Eighth' Annual General Meeting, 'Information on E-voting' and Record date.
Read More -
- 2023-05-19T13:42:00+00:00
SOLAR INDUSTRIES INDIA LTD. - 532725 - Intimation of Repayment of Commercial Paper (CP)
Certificate confirming fulfilment of payment obligations with respect to Commercial Paper issued dated November 21, 2022 by Solar Industries India Limited.
Read More -
- 2023-05-09T10:32:07+00:00
SOLAR INDUSTRIES INDIA LTD. - 532725 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Submission of Annual Secretarial Compliance Report for the FY 2022-23.
Read More -
- 2023-05-08T06:33:09+00:00
SOLAR INDUSTRIES INDIA LTD. - 532725 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcription of Conference Call with reference to the Audited Financial Results for the quarter and year ended March 31, 2023 and earnings for the FY 2022-23 with the management of the Company.
Read More -
- 2023-05-06T07:42:11+00:00
SOLAR INDUSTRIES INDIA LTD. - 532725 - Intimation Of Book Closure Pursuant To Regulation 42 Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
Intimation of Book Closure pursuant to Regulation 42 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
Read More -
- 2023-05-04T11:44:27+00:00
SOLAR INDUSTRIES INDIA LTD. - 532725 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Audio recording of earning conference call of Audited Financial Results of the Company for the quarter and year ended on March 31, 2023.
Read More -
- 2023-05-04T07:18:23+00:00
Solar Industries India Results Earnings Call for Q4FY23
Conference Call with Solar Industries India Management and Analysts on Q4FY23 Performance and Outlook. Listen to the full earnings transcript.
Read More -
- 2023-05-04T07:17:39+00:00
SOLAR INDUSTRIES INDIA LTD. - 532725 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Submission of Newspaper Clippings for the Audited Financial Results for the quarter and year ended on March 31, 2023.
Read More -
- 2023-05-03T14:34:18+00:00
SOLAR INDUSTRIES INDIA LTD. - 532725 - Announcement under Regulation 30 (LODR)-Meeting Updates
Compliance under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Read More -
- 2023-05-03T10:16:59+00:00
Q4FY23 Quarterly & FY23 Annual Result Announced for Solar Industries India Ltd.
Industrial Products company Solar Industries India announced Q4FY23 & FY23 results: Q4FY23 vs Q4FY22: Net Revenue: Rs 1,929 crore vs Rs 1,317 crore, up by 46% EBITDA: Rs 369 crore vs Rs 264 crore, up by 40% PBT: Rs 302 crore vs Rs 219 crore, up 38% Net Profit: Rs 221 crore vs Rs 175 crore, up 26% FY23 vs FY22: Net Revenue: Rs 6,923 crore vs Rs 3,948 crore, up by 75% EBITDA: Rs 1,320 crore vs Rs 767 crore, up by 72% PBT: Rs 1,102 crore vs Rs 607 crore, up 82% Net Profit: Rs 811 crore vs Rs 455 crore, up 78% Commenting on the Quarterly & Yearly results, Manish Nuwal, Managing Director & CEO, Solar Industries India said that “We are pleased to announce the highest ever quarterly revenue which stands at Rs 1,929 crore up by 46% & the highest ever yearly revenue which stands at Rs 6,923 crore up by 75%. The net profit is UP by 26% for the quarter & 78% for the year, which stands at Rs 221 crore and Rs 811 crore respectively. The strong growth of our Non-CIL & Institutional sector, along with Export and Overseas were the key drivers of topline. These results are being achieved with improved operational performance, despite the challenges arising mainly out of volatility in commodity prices, currency fluctuations, and hyper inflatIonary conditIons, demonstrating the strength of the company.” He also said, "We are further delighted to share that we have achieved the highest ever Defence revenue in the quarter and the annual revenue has reached around Rs 400 cr., which is in line with our guidance given at the beginning of the year. Our Defence order book has crossed Rs 11 OO+ cr. mark, which is a big milestone for our company. The order book comprises of export orders of Pinaka Rockets, Nagastra UU and other ammunitions. We are expecting the product evaluations of Pinaka Rockets to be completed in 3 months and the orders from Pinaka rockets will substantially push the revenue from defence in the coming years. On this backdrop, we are expecting the defence revenue to double in the current financial year. Our corporate objectives & business goals are aligned with country's ambition to make India Atamnirbhar in the field of ammunition and emerge as a major export hub in coming years." He also added, "In line with our strategic plans to expand our market presence in the country we have acquired RECL and have started land acquisition for our upcoming facilities in South and Northwest India whIch will be completed within a period of two years. We are also working on increasing our global manufacturing presence from 8 to 12 countries this year." He further added that “The government of India’s strong policy support and huge outlays for Infra projects, Housing, Mining and providing a level playing field in for private sector in Defence procurement augers well for our company. We are expecting a volume growth of around 15% based on strong demand from Coal, Housing & Infra sector. We are entering FY 2024 with an optimistic outlook on increasing our EBIDTA margin via enhancing the market footprint, new orders for defence products and reduced raw material prices. Looking at the upcoming opportunities and our strategic investments we have planned capex of around Rs.750 cr in FY 2024 which includes domestic, overseas, and defence business.” He concluded by saying, “Our company has proposed a dividend of Rs 8/ share for the current year as compared to Rs 7.5/ share in previous year. ” Result PDF
Read More -
- 2023-05-03T09:47:56+00:00
SOLAR INDUSTRIES INDIA LTD. - 532725 - Announcement under Regulation 30 (LODR)-Meeting Updates
Updates on Audited Financial Results (Standalone & Consolidated) of the Company for the quarter and year ended on March 31, 2023.
Read More -
- 2023-05-03T09:44:04+00:00
SOLAR INDUSTRIES INDIA LTD. - 532725 - Announcement under Regulation 30 (LODR)-Investor Presentation
Presentation on Audited Financial Results for the quarter and year ended on March 31, 2023.
Read More -
- 2023-05-03T09:28:52+00:00
SOLAR INDUSTRIES INDIA LTD. - 532725 - Audited Financial Results And Outcome Of Board Meeting Dated May 3, 2023
Audited Financial Results and Outcome of Board Meeting dated May 3, 2023
Read More -
- 2023-05-03T09:23:34+00:00
SOLAR INDUSTRIES INDIA LTD. - 532725 - Board Meeting Outcome for Audited Financial Results And Outcome Of Board Meeting Dated May 3, 2023
Audited Financial Results and Outcome of Board Meeting dated May 3, 2023
Read More -
- 2023-04-29T13:46:53+00:00
SOLAR INDUSTRIES INDIA LTD. - 532725 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Conference Call under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Read More -
- 2023-04-26T12:08:24+00:00
SOLAR INDUSTRIES INDIA LTD. - 532725 - Board Meeting Intimation for Intimation For The Meeting Of Board Of Directors.
SOLAR INDUSTRIES INDIA LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/05/2023 ,inter alia, to consider and approve 1. The standalone & consolidated audited financial Results of the Company for the quarter and year ended on March 31, 2023. 2. Recommend the payment of Dividend, if any, for the Financial Year 2022-2023.
Read More -
- 2023-04-24T05:18:14+00:00
SOLAR INDUSTRIES INDIA LTD. - 532725 - Announcement under Regulation 30 (LODR)-Award of Order Receipt of Order
Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, dated April 21, 2023 regarding Contract for supply of Loitering Munition with Ministry of Defense, Government of India.
Read More
| Ex-date | Dividend Amount | Dividend Type | Record Date |
|---|
Bonus History
Adani Ports & Special Economic Zone Ltd. has not announced any bonus since Jan 1, 2000.
Check out stocks with top dividendAdani Ports & Special Economic Zone Ltd. has split the face value 1 time since Sept. 23, 2010. Adani Ports & Special Economic Zone Ltd. had last split the face value of its shares from Rs 10 to Rs 2 in 2016.The share has been quoting on an ex-split basis from Sept. 23, 2010.
| Ex-date | Old FV | New FV | Record Date |
|---|---|---|---|
| Sept. 23, 2010 | 10 | FINAL | Sept. 24, 2010 |