Diversified · Specialty Chemicals
Solar Industries India Ltd.
SOLARINDS
Solar Industries India Limited, together with its subsidiaries, engages in the manufacture and sale of industrial explosives and explosive initiating devices in India and internationally. It offers industrial explosives, such as bulk and packaged explosives; and initiating systems, including electronic, electric, non-electric, and plain detonators, as well as cord relays, cast boosters, detonating cords, and aluminum elemented det products. The company provides defense products, including unmanned aerial systems and drones, ammunitions, high energy materials, bombs and warheads, rockets and missiles, initiating systems and detonix, chaffs and flares, and mines devices. Its products are used in mining, infrastructure, construction, defence, and the space sectors. The company was formerly known as Solar Explosives Limited and changed its name to Solar Industries India Limited in February 2009. The company was founded in 1983 and is based in Nagpur, India.
Key metrics
Market Cap
₹1.27 lakh cr
P/E Ratio
87.72x
P/B Ratio
29.03x
ROE
27.57%
ROCE
32.23%
Debt / Equity
0.31x
Net Margin
16.43%
Dividend Yield
7%
EPS
₹133.65
Period
FY2025