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Solar Industries India SOLARINDS.NS · INR

Materials · NSE · 🇮🇳 India

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19,024.00

+2.24%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹98.38bn

FY2017FY2026

Net income

₹16.78bn

FY2017FY2026

Free cash flow

−₹12.45bn

FY2017FY2026

Shareholders' equity

₹62.77bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹98.38bn₹75.40bn₹60.70bn₹69.23bn₹39.48bn₹25.16bn₹22.37bn₹24.62bn₹19.16bn₹15.80bn
Gross profit₹38.48bn₹35.71bn₹28.27bn₹25.38bn₹15.90bn₹11.44bn₹10.00bn₹10.40bn₹8.32bn₹6.58bn
Research and development—₹101.8m₹140.5m₹102.6m₹135.7m₹151.9m₹164.8m₹181.2m₹187.6m₹28.9m
Operating income₹23.71bn₹28.81bn₹23.10bn₹20.56bn₹6.89bn₹8.65bn₹7.40bn₹8.08bn₹6.48bn₹5.49bn
Net income₹16.78bn₹12.09bn₹8.36bn₹7.57bn₹4.41bn₹2.76bn₹2.67bn₹2.62bn₹2.21bn₹1.85bn
Diluted earnings per share185.38133.6592.3883.6848.7730.5329.5428.9124.3620.48

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹109.19bn₹82.61bn₹57.37bn₹50.36bn₹37.24bn₹30.30bn₹25.32bn₹22.82bn₹19.95bn₹17.22bn
Cash and short-term investments₹4.80bn₹11.25bn₹4.67bn₹2.79bn₹987.5m₹1.75bn₹1.01bn₹1.04bn₹713.4m₹797.4m
Total liabilities₹43.70bn₹37.25bn₹23.10bn₹22.86bn₹17.09bn₹13.88bn₹11.01bn₹9.96bn₹8.64bn₹7.53bn
Debt—₹9.78bn₹11.41bn₹11.95bn₹8.88bn₹8.08bn₹7.21bn₹6.03bn₹4.80bn₹5.01bn
Shareholders' equity₹62.77bn₹43.86bn₹33.06bn₹26.10bn₹19.14bn₹15.79bn₹13.80bn₹12.38bn₹10.84bn₹9.29bn
Shares outstanding90m90m90m90m90m91m91m90m91m91m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹4.94bn₹24.68bn₹14.06bn₹6.56bn₹2.98bn₹3.57bn₹3.25bn₹2.58bn₹2.92bn₹1.76bn
Capital spending−₹17.39bn−₹10.06bn−₹5.60bn−₹4.79bn−₹2.87bn−₹2.65bn−₹2.41bn−₹2.53bn−₹2.24bn−₹1.75bn
Free cash flow−₹12.45bn₹14.62bn₹8.46bn₹1.77bn₹103.6m₹917.2m₹836.9m₹58.6m₹672.5m₹9.3m
Dividends paid−₹905.0m−₹769.2m−₹723.7m−₹678.7m−₹542.9m−₹542.9m−₹763.6m−₹542.9m−₹271.5m−₹181.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹36.68bn₹30.53bn₹25.48bn₹20.82bn₹21.54bn₹21.67bn₹19.73bn₹17.16bn
Gross profit₹18.11bn₹12.07bn₹10.34bn₹10.94bn₹8.20bn₹9.39bn₹9.44bn₹6.85bn
Operating income₹15.55bn₹7.55bn₹6.49bn₹4.92bn₹5.08bn₹6.75bn₹7.94bn₹4.33bn
Net income₹6.53bn₹5.48bn₹4.46bn₹3.45bn₹3.39bn₹3.22bn₹3.15bn₹2.86bn
Diluted earnings per share72.1160.5249.3138.1237.4335.6134.8031.59
Cash from operations———₹958.0m—₹24.56bn—₹5.55bn
Capital spending———−₹7.63bn—−₹10.06bn—−₹4.37bn
Free cash flow———−₹6.67bn—₹14.51bn—₹1.19bn
Total assets—₹109.19bn—₹90.17bn—₹82.61bn—₹66.78bn
Cash and short-term investments₹4.81bn₹5.84bn₹4.24bn₹6.90bn₹11.25bn₹11.25bn₹3.25bn₹3.25bn
Debt—₹14.86bn—₹11.70bn—₹9.75bn—₹11.98bn
Shareholders' equity₹65.49bn₹62.77bn₹53.31bn₹51.16bn₹45.37bn₹43.86bn₹38.99bn₹37.94bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue12.4%31.4%21.1%
Operating income4.9%22.3%17.6%
Net income30.4%43.4%26.0%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin42.7%42.1%42.1%42.2%
Operating margin30.2%31.7%30.3%31.0%
Net margin16.6%14.8%14.1%13.6%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings101.891.8105.980.489.978.736.736.844.957.6
Price to sales17.414.714.68.810.18.64.43.95.26.8

Dividends and splits

Per share, in the currency the company pays

Paid for 20 years. Last went ex-dividend on 28 Jul 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year11.0010.008.508.007.506.006.007.00
  • 5-for-1 split · 13 Jul 2016

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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