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SOLAR INDUSTRIES (INDIA)
Intrinsic Value | Fundamental Analysis

BOM : 532725     NSE : SOLARINDS    
LT :  
    Long Term Analysis
Fundamentals : Good
Valuation : Average [Stock is fairly valued]
Debt : Average
Updated:
ST :  
    Short Term Analysis
Quarterly Earnings Trend : Upward
Price Momentum : Upward
Pledged Shares : None or < 25%
Jun 07,2023
Price(EOD): ₹ 3,887.30
This is the End-of-Day (EOD) Stock Price updated daily by 7 pm IST.
Chemicals
MCap: ₹ 35,180.07 Cr
Value of ₹ 1 Lac invested in SOLAR INDUSTRIES (INDIA)
on Jun 07,2018 (price: ₹ 1,164.90)

₹ 1 L

₹ 3.34 L

1W : 3.2% 1M : 2.9% 1Y : 46.8%
COMMUNITY POLL
for SOLAR INDUSTRIES (INDIA)
Please provide your vote to see the results
SOLAR INDUSTRIES (INDIA) is part of below Screeners ↓
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Industry Peers & Returns1W1M1Y
SOLAR INDUSTRIES (INDIA) 3.2% 2.9% 46.8%
PIDILITE INDUSTRIES 0.1% 7.4% 17%
GUJARAT FLUOROCHEMICALS -4.9% -3.9% 8.6%
DEEPAK NITRITE 2.5% 9.2% 4.1%
TATA CHEMICALS 2.7% 2.9% 4.4%
ATUL 2.8% 1.8% -16.8%
AARTI INDUSTRIES 1.4% -6.5% -30.8%
NAVIN FLUORINE INTERNATIONAL 2.6% -2% 22.4%
VINATI ORGANICS 1% -5.8% -12.2%

FUNDAMENTAL ANALYSIS OF SOLAR INDUSTRIES (INDIA)

 
Fundamentals Score
[ Q(TTM): Mar2023, Y: Mar2023
Q : Last Qtr data
Y : Last Audited Annual/Yearly Data
TTM i.e. Trailing Twelve Months is calculated using last 4 quarterly data and is a good substitute to track last 4 Qtr Annual result before the subsequent year data is published and audited.
Learn More
]

Insights 💡 SOLARINDS is one of the top 35% companies with good fundamentals ! Discover More →

VALUATION OF SOLAR INDUSTRIES (INDIA)

 
Valuation Score
[As on : Jun 07,2023 ]

Ratio Consolidated
P/E
P/B
P/S
43.35
P/E Calculated based on Trailing Twelve Months (TTM) Earnings of Rs 811.44 Cr
[Latest Qtr - Mar2023 - Consolidated Results ]

13.48
P/B Calculated based on Book Value of Rs 2,610.34 Cr
[Latest Year - Mar2023 - Consolidated Results ]

5.08
P/S Calculated based on Trailing Twelve Months (TTM) Revenues of Rs 6,922.53 Cr
[Latest Qtr - Mar2023 - Consolidated Results ]

Financial Ratios →

Insights 💡 There are potential 23% undervalued companies ! Discover More →

FAIR VALUE OF SOLAR INDUSTRIES (INDIA)

 
Model Discount(-)/
Premium(+)
EV/EBIDTA
EV/Sales
Price/Sales
92%
13%
15%

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SHARE PRICE MOMENTUM OF SOLAR INDUSTRIES (INDIA)


Insights 💡 SOLARINDS is one of the top 48% companies with bullish price momentum currently! Discover More →

SOLAR INDUSTRIES (INDIA) vs SENSEX


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DEBT OF SOLAR INDUSTRIES (INDIA)

Year Debt/Equity ratio
Standalone Consolidated
2022
2021
2020
Avg_3yrs
0.11
0.11
0.13
0.12
0.45
0.5
0.51
0.49
[Last Annual Data : Mar2023]
Financial Ratios →

PLEDGED PROMOTER SHARES OF SOLAR INDUSTRIES (INDIA)

Pledged Promoter Shares
0 %
As on : Mar2023

If less than 25%

Good
If between 25% and 50% Neutral
If greater than 50% Bad
Shareholding Pattern →

QTRLY RESULTS OF SOLAR INDUSTRIES (INDIA)

Consolidated Q-o-Q Y-o-Y
Revenue
Op Profit
Profit Before Tax
Profit After Tax
6.45%
2.27%
0.99%
0.69%
46.45%
36.01%
37.9%
26.33%
QtrlyTrend
8
Latest Qtr: Mar2023
Quarterly Result Analysis →


SOLAR INDUSTRIES (INDIA) related INDICES

BSE Indices1W1M1Y
S&P BSE SMALL CAP 3.3% 7.1% 18.8%
S&P BSE MIDSMALLCAP 2.9% 6.7% 19.4%
S&P BSE BASIC MATERIALS 2.8% 3.1% 10%
S&P BSE 400 MIDSMALLCAP 2.5% 6% 19.2%
S&P BSE SMALLCAP SELECT INDEX 2.2% 6.2% 15.8%
NSE Indices1W1M1Y
NIFTY MID SMALL400 2.6% 6.3% 20%
NIFTY MIDCAP150 2.2% 5.9% 21.1%
NIFTY500 MULTICAP 50:25:25 2% 4.8% 15.5%
NIFTY MIDCAP150 QUALITY 50 1.8% 6% 7.8%
NIFTY LARGE MIDCAP 250 1.7% 4.5% 16.4%

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FAQ about SOLAR INDUSTRIES (INDIA)


Is SOLAR INDUSTRIES (INDIA) good for long term investment?

As on Jun 07,2023, the Fundamentals of SOLAR INDUSTRIES (INDIA) look Strong and hence it may be good for long term investment! See Financial Performance of SOLAR INDUSTRIES (INDIA) . Please look at the other parameters such as Valuation, Price Momentum, News & Corporate Governance and/or consult an Investment Advisor before taking an investment decision!

Is SOLAR INDUSTRIES (INDIA) UnderValued or OverValued?

As on Jun 07,2023, SOLAR INDUSTRIES (INDIA) is Fairly Valued based on the estimates of intrinsic value and investors may wait for the buying opportunity once it becomes under valued!

What is the Intrinsic Value of SOLAR INDUSTRIES (INDIA) ?

As on Jun 07,2023, the Intrinsic Value of SOLAR INDUSTRIES (INDIA) is Rs. 3,372.73 estimated based on Median of the 3 historical models.
Fair Value [Median EV / EBIDTA Model] : Rs. 2,020.65
Fair Value [Median EV / Sales Model] : Rs. 3,437.83
Fair Value [Median Price / Sales Model] : Rs. 3,372.73
Estimated Median Fair Value of SOLAR INDUSTRIES (INDIA) : Rs. 3,372.73

The fair value of any stock is always subjective and should, in no way, be taken as a recommendation to buy/sell the same.

Is SOLAR INDUSTRIES (INDIA) trading at a Premium or Discount?

As on Jun 07,2023, SOLAR INDUSTRIES (INDIA) is trading at a Premium of 15% based on the estimates of Median Intrinsic Value!

SEBI Research Analyst
The Founder of this website, Mr. Rohit Katiyar is registered with SEBI as a Research Analyst [INH000007377].