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NSE Close — 25 Sep 2026
₹19,745.0
Change
+265.0 (1.36%)
Open
₹19,570.0
Prev. Close
₹19,480.0
Day High
₹19,890.0
Day Low
₹19,455.0
Volume Analysis
Traded
120,411
Delivered
39,060
Delivery %
32.44%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (2)
- •Strong return on equity (32.6%)
- •Strong operating margin (27.0%)
Weaknesses (0)
No signal for this stock
Opportunities (1)
- •Strong 3-year EPS growth (30.4%)
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹20,373.34 | ₹20,131.67 | ₹19,938.34 | ₹19,696.67 | ₹19,503.34 | ₹19,261.67 | ₹19,068.34 |
| Fibonacci | ₹20,131.67 | ₹19,965.5 | ₹19,862.84 | ₹19,696.67 | ₹19,530.5 | ₹19,427.84 | ₹19,261.67 |
| Camarilla | ₹19,864.63 | ₹19,824.75 | ₹19,784.88 | ₹19,696.67 | ₹19,705.13 | ₹19,665.25 | ₹19,625.38 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+62.3%
1 Week
+2.49%
1 Month
-3.21%
3 Months
+5.61%
6 Months
+54.17%
1 Year
+43.43%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹1,701.38
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
28.41%
Net margin 18.06% × asset turnover 0.92x × equity multiplier 1.71x
Company Overview
Sector
Chemicals
Market Cap
₹178,673 Cr
P/E (TTM)
89.7
ROE
32.6%
Book Value
₹694.0
Face Value
₹2.0
Source: Screener.in (Consolidated figures) — data as of 27 Sep 2026. Not investment advice.
TopFund Analysis
Solar Industries (i) Ltd holds up reasonably well on TopFund's composite fundamentals check within the Chemicals sector, at 65/100. The strongest factor is Financial Strength (100/100), while Valuation (0/100) is the weakest area to weigh before deciding. Notably: Strong return on equity (32.6%); strong operating margin (27.0%). Strong 3-year EPS growth (30.4%).
TopFund Score — Fundamentals Quality
65/100 — GoodData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 44.6% CAGR over last 5 years
- +Company has a good return on equity (ROE) track record: 3 Years ROE 32.2%
- +Company's median sales growth is 22.8% of last 10 years
- −Stock is trading at 28.5 times its book value
- −Working capital days have increased from 49.9 days to 74.4 days
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
ICRA rated Solar Industries’ Rs500 crore commercial paper [ICRA]A1+; notes proposed $1.35 billion Omnia acquisition.
CRISIL placed Solar Industries' Rs1,479.5 crore loans and Rs35 crore NCDs on watch developing after Omnia acquisition.
Solar Industries repaid Rs. 75 crore commercial paper on September 17, 2026, on the due date.
Transcription of Conference Call with reference to the proposed acquisition of Omnia Holdings Limited by Solar SA Investments Proprietary Limited.
Audio recording of analyst call on proposed Omnia Holdings acquisition is available on website.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,682 | 1,347 | 1,429 | 1,611 | 1,685 | 1,716 | 1,973 | 2,167 | 2,154 | 2,082 | 2,548 | 3,053 | 3,668 |
| Expenses + | 1,359 | 1,012 | 1,074 | 1,257 | 1,235 | 1,271 | 1,447 | 1,629 | 1,620 | 1,530 | 1,840 | 2,227 | 2,653 |
| Operating Profit | 323 | 335 | 355 | 354 | 449 | 445 | 527 | 537 | 535 | 552 | 708 | 826 | 1,015 |
| OPM % | 19.0% | 25.0% | 25.0% | 22.0% | 27.0% | 26.0% | 27.0% | 25.0% | 25.0% | 26.0% | 28.0% | 27.0% | 28.0% |
| Other Income + | 8 | 8 | 11 | 20 | 26 | 36 | 10 | 7 | 29 | 29 | 25 | 46 | 17 |
| Interest | 25 | 25 | 28 | 32 | 27 | 30 | 31 | 29 | 27 | 31 | 34 | 41 | 41 |
| Depreciation | 34 | 34 | 39 | 37 | 40 | 44 | 47 | 50 | 56 | 61 | 63 | 71 | 80 |
| Profit before tax | 272 | 285 | 299 | 305 | 408 | 407 | 459 | 464 | 481 | 490 | 636 | 759 | 911 |
| Tax % | 26.0% | 27.0% | 26.0% | 21.0% | 26.0% | 25.0% | 26.0% | 25.0% | 27.0% | 26.0% | 27.0% | 27.0% | 27.0% |
| Net Profit + | 202 | 209 | 222 | 243 | 301 | 304 | 338 | 346 | 353 | 361 | 467 | 556 | 666 |
| EPS in Rs | 22 | 22 | 22 | 26 | 32 | 32 | 35 | 36 | 37 | 38 | 49 | 61 | 72 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,276 | 1,449 | 1,580 | 1,916 | 2,462 | 2,237 | 2,516 | 3,948 | 6,918 | 6,070 | 7,540 | 9,838 | 11,351 |
| Expenses + | 1,022 | 1,144 | 1,256 | 1,505 | 1,960 | 1,803 | 2,001 | 3,199 | 5,582 | 4,588 | 5,514 | 7,120 | 8,250 |
| Operating Profit | 254 | 304 | 324 | 412 | 502 | 434 | 515 | 748 | 1,336 | 1,482 | 2,026 | 2,717 | 3,101 |
| OPM % | 20.0% | 21.0% | 20.0% | 21.0% | 20.0% | 19.0% | 20.0% | 19.0% | 19.0% | 24.0% | 27.0% | 28.0% | 27.0% |
| Other Income + | -2 | 13 | 13 | 12 | 9 | 41 | 21 | 19 | -16 | -68 | 10 | 33 | 117 |
| Interest | 18 | 20 | 27 | 33 | 50 | 55 | 45 | 50 | 90 | 109 | 116 | 134 | 148 |
| Depreciation | 31 | 33 | 39 | 51 | 59 | 85 | 94 | 109 | 128 | 143 | 182 | 251 | 275 |
| Profit before tax | 203 | 264 | 271 | 340 | 402 | 336 | 397 | 607 | 1,102 | 1,161 | 1,739 | 2,365 | 2,796 |
| Tax % | 23.0% | 33.0% | 28.0% | 31.0% | 31.0% | 17.0% | 27.0% | 25.0% | 26.0% | 25.0% | 26.0% | 27.0% | — |
| Net Profit + | 156 | 178 | 195 | 234 | 277 | 279 | 288 | 455 | 811 | 875 | 1,288 | 1,737 | 2,050 |
| EPS in Rs | 16 | 18 | 21 | 24 | 29 | 30 | 31 | 49 | 84 | 92 | 134 | 185 | 220 |
| Dividend Payout % | 21.0% | 25.0% | 24.0% | 25.0% | 24.0% | 20.0% | 20.0% | 15.0% | 10.0% | 9.0% | 7.0% | 6.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 758 | 787 | 910 | 1,066 | 1,220 | 1,362 | 1,561 | 1,896 | 2,592 | 3,288 | 4,395 | 6,259 |
| Borrowings + | 371 | 398 | 501 | 518 | 603 | 708 | 808 | 888 | 1,195 | 1,138 | 975 | 1,524 |
| Other Liabilities + | 243 | 309 | 292 | 387 | 411 | 393 | 572 | 827 | 1,104 | 1,134 | 2,754 | 2,931 |
| Total Liabilities | 1,389 | 1,512 | 1,722 | 1,988 | 2,253 | 2,481 | 2,959 | 3,629 | 4,909 | 5,577 | 8,142 | 10,733 |
| Fixed Assets + | 585 | 703 | 777 | 923 | 1,043 | 1,209 | 1,288 | 1,493 | 1,702 | 2,028 | 2,729 | 4,006 |
| CWIP | 61 | 30 | 91 | 107 | 178 | 165 | 293 | 230 | 282 | 490 | 707 | 731 |
| Investments | 37 | 40 | 53 | 17 | 33 | 2 | 1 | 18 | 99 | 370 | 676 | 183 |
| Other Assets + | 706 | 739 | 801 | 940 | 1,000 | 1,105 | 1,378 | 1,888 | 2,826 | 2,690 | 4,030 | 5,813 |
| Total Assets | 1,389 | 1,512 | 1,722 | 1,988 | 2,253 | 2,481 | 2,959 | 3,629 | 4,909 | 5,577 | 8,142 | 10,733 |
| Equity Capital | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 230 | 243 | 118 | 254 | 314 | 325 | 357 | 298 | 656 | 1,406 | 2,468 | 621 |
| Cash from Investing Activity + | -149 | -141 | -170 | -174 | -254 | -260 | -253 | -338 | -614 | -1,022 | -1,660 | -951 |
| Cash from Financing Activity + | -177 | -92 | 53 | -53 | -52 | -34 | -26 | -45 | 118 | -370 | -476 | 209 |
| Net Cash Flow | -96 | 11 | 0 | 27 | 9 | 32 | 77 | -85 | 160 | 14 | 331 | -121 |
| CFO/OP | 112 | 95 | 55 | 83 | 88 | 100 | 90 | 61 | 68 | 115 | 142 | 47 |
| Free Cash Flow | 118 | 103 | -56 | 31 | 64 | 87 | 96 | 17 | 183 | 858 | 1,466 | -1,072 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 5.71% | 5.88% | 6.22% | 6.54% | 6.64% | 6.82% | 6.92% | 6.47% | 6.84% | 7.2% | 7.35% | 7.1% |
| Promoters | 73.15% | 73.15% | 73.15% | 73.15% | 73.15% | 73.15% | 73.15% | 73.15% | 73.15% | 73.15% | 73.15% | 73.15% |
| FII | 5.89% | 5.9% | 6.1% | 7.56% | 7.53% | 7.23% | 5.82% | 6.79% | 7.11% | 6.74% | 6.59% | 6.39% |
| DII | 15.24% | 15.05% | 14.52% | 12.74% | 12.68% | 12.78% | 14.1% | 13.59% | 12.9% | 12.91% | 12.89% | 13.36% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Chemicals — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Solar Industries (i) Ltd (this stock) | 178,673 | 89.7 | 28.45 | 32.6% |
| Pidilite Industries Ltd | 154,533 | 58.4 | 14.31 | 23.9% |
| Srf Ltd | 75,292 | 33.6 | 5.36 | 14.3% |
| Coromandel Interntl. Ltd | 57,480 | 30.8 | 4.57 | 16.4% |
| Linde India Limited | 52,377 | 95.9 | 12.28 | 13.6% |
| Fact Ltd | 51,552 | 3481.0 | 37.59 | 1.61% |
| Gujarat Fluorochem Ltd | 49,102 | 79.5 | 6.24 | 7.82% |
Which Mutual Funds Hold Solar Industries (i) Ltd?
Frequently Asked Questions about Solar Industries (i) Ltd
Solar Industries (i) Ltd (SOLARINDS) closed at ₹19,745.0 on NSE on 25 September 2026, up 265.0 (1.36%) from the previous close.
Solar Industries (i) Ltd trades on the NSE (National Stock Exchange of India) under the symbol SOLARINDS.
Solar Industries (i) Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 89.7.
Solar Industries (i) Ltd has a dividend yield of 0.06%.
Solar Industries (i) Ltd's 52-week high is ₹22,700.0 and its 52-week low is ₹11,641.0.
Solar Industries (i) Ltd has a market capitalisation of ₹178,673 crore.
Solar Industries (i) Ltd has a TopFund Quality Score of 65/100 (Good), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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