Home > Annual Financials > SOLAR INDUSTRIES INDIA

SOLAR INDUSTRIES INDIA Financial Statement Analysis
[BOM: 532725|NSE : SOLARINDS]

The Revenues of SOLAR INDUSTRIES INDIA have decreased by -12.32% YoY .
The Earnings Per Share (EPS) of SOLAR INDUSTRIES INDIA has increased by 44.68 % YoY.
REVENUES
OPERATING MARGIN
PROFIT AFTER TAX
EPS
ROCE

SOLAR INDUSTRIES INDIA Last 5 Annual Financial Results
[BOM: 532725|NSE : SOLARINDS]

ConsolidatedMar2025
Mar2024
Mar2023
Mar2022
Mar2021
Revenues ₹6,070 Cr₹6,923 Cr₹3,948 Cr₹2,516 Cr₹2,237 Cr
Expenses ₹4,700 Cr₹5,634 Cr₹3,213 Cr₹2,001 Cr₹1,803 Cr
Operating Profit (Excl OI) ₹1,369 Cr₹1,289 Cr₹735 Cr₹515 Cr₹434 Cr
Other Income ₹44 Cr₹32 Cr₹32 Cr₹21 Cr₹41 Cr
Interest ₹109 Cr₹90 Cr₹50 Cr₹45 Cr₹55 Cr
Depreciation ₹143 Cr₹128 Cr₹109 Cr₹94 Cr₹85 Cr
Profit Before Tax ₹1,161 Cr₹1,102 Cr₹607 Cr₹397 Cr₹336 Cr
Profit After Tax ₹875 Cr₹811 Cr₹455 Cr₹288 Cr₹279 Cr
Consolidated Net Profit ₹836 Cr₹757 Cr₹441 Cr₹276 Cr₹267 Cr
Earnings Per Share (Rs)₹133.64₹92.37₹83.67₹48.76₹30.54
PAT Margin (%)17.0814.4211.7211.4311.30
ROE(%)33.4929.5935.8626.0719.47
ROCE(%)38.1131.0336.3425.5619.87
Total Debt/Equity(x)0.210.330.450.450.50

Key Financials

Market Cap : ₹ 111,591.0 Cr
Revenue (TTM) : ₹ 8,376.3 Cr
Net Profit(TTM) : ₹ 1,400.2 Cr
EPS (TTM) : ₹ 154.7
P/E (TTM) : 79.7

Industry Peers & Returns1W1M1Y
SOLAR INDUSTRIES INDIA -2.2% -7.7% 22.1%
PIDILITE INDUSTRIES -0.4% -1.4% -1.8%
SRF -0.7% 8.3% 36.4%
GUJARAT FLUOROCHEMICALS 1.7% 5.1% -16.5%
GODREJ INDUSTRIES -0.2% -5% -10.5%
DEEPAK NITRITE 4.3% 12.3% -32%
TATA CHEMICALS 0.4% -6.4% -26%
HIMADRI SPECIALITY CHEMICAL -0.1% 8.4% -12.5%
NAVIN FLUORINE INTERNATIONAL 0.2% 2.7% 71%


SOLAR INDUSTRIES INDIA Revenues
[BOM: 532725|NSE : SOLARINDS]

Y-o-Y

-12.32 %

5 Yr CAGR

28.34 %

Years Revenues % Change
Mar2025 ₹6,070 Cr
-12.32
Mar2024 ₹6,923 Cr
75.36
Mar2023 ₹3,948 Cr
56.92
Mar2022 ₹2,516 Cr
12.44
Mar2021 ₹2,237 Cr -


SOLAR INDUSTRIES INDIA Operating Profit
[BOM: 532725|NSE : SOLARINDS]

Y-o-Y

6.23 %

5 Yr CAGR

33.25 %

Years Operating Profit % Change
Mar2025 ₹1,369 Cr
6.23
Mar2024 ₹1,289 Cr
75.47
Mar2023 ₹735 Cr
42.74
Mar2022 ₹515 Cr
18.48
Mar2021 ₹434 Cr -

Operating Margins
Y-o-Y

21.16 %

5 Yr CAGR

3.83 %

Years Operating Margin% % Change
Mar2025 22.56%
21.16
Mar2024 18.62%
0.05
Mar2023 18.61%
-9.04
Mar2022 20.46%
5.41
Mar2021 19.41% -

SOLAR INDUSTRIES INDIA Profit After Tax
[BOM: 532725|NSE : SOLARINDS]

Y-o-Y

10.40 %

5 Yr CAGR

32.97 %

Years Profit After Tax % Change
Mar2025 ₹836 Cr
10.40
Mar2024 ₹757 Cr
71.59
Mar2023 ₹441 Cr
59.68
Mar2022 ₹276 Cr
3.34
Mar2021 ₹267 Cr -

PAT Margins
Y-o-Y

18.45 %

5 Yr CAGR

10.88 %

Years PAT Margin(%) % Change
Mar2025 17.08 %
18.45
Mar2024 14.42 %
23.04
Mar2023 11.72 %
2.54
Mar2022 11.43 %
1.15
Mar2021 11.3 % -

SOLAR INDUSTRIES INDIA Earnings Per Share (EPS)
[BOM: 532725|NSE : SOLARINDS]

Y-o-Y

44.68 %

5 Yr CAGR

44.63 %

Years EPS % Change
Mar2025 ₹134
44.68
Mar2024 ₹92
10.40
Mar2023 ₹84
71.60
Mar2022 ₹49
59.66
Mar2021 ₹31 -

SOLAR INDUSTRIES INDIA Return on Capital Employed (ROCE)
[BOM: 532725|NSE : SOLARINDS]

Y-o-Y

22.82 %

5 Yr CAGR

17.68 %

Years ROCE % Change
Mar2025 38.11%
22.82
Mar2024 31.03%
-14.61
Mar2023 36.34%
42.18
Mar2022 25.56%
28.64
Mar2021 19.87% -

SOLAR INDUSTRIES INDIA Share Price vs Sensex

Current Share Price : ₹12,330.5
Current MarketCap: ₹ 111,591.0 Cr
Updated EOD on :Dec 29,2025

Share Price Returns(%) 1 Week 1 Month 1 Year
SOLAR INDUSTRIES INDIA

-2.2%

-7.7%

22.1%

SENSEX

-0.3%

-1.1%

7.8%

SOLAR INDUSTRIES INDIA related INDICES

BSE Indices1W1M1Y
BSE ALLCAP 6.4% 8.9% 7.5%
BSE LARGEMIDCAP 4.5% 7.2% 8.3%
BSE 500 SHARIAH 4.3% 4.3% 1.1%
BSE COMMODITIES 2% 2.2% 8.6%
BSE DIVIDEND STABILITY INDEX 0.7% 0.5% 5.6%
NSE Indices1W1M1Y
NIFTY INDIA DEFENCE 2.7% -3.7% 17.9%
NIFTY 500 EQUAL WEIGHT 0.5% -1.5% -0.1%
NIFTY NEXT 50 0.4% -0.8% -0.4%
NIFTY100 EQUAL WEIGHT 0.3% -1% 7.2%
NIFTY500 LARGEMIDSMALL EQUAL-CAP WEIGHTED INDEX 0.2% -1.4% 2.2%

You may also like the below Video Courses


FAQ about SOLAR INDUSTRIES INDIA Financials


How the annual revenues of SOLAR INDUSTRIES INDIA have changed ?

The Revenues of SOLAR INDUSTRIES INDIA have decreased by -12.32% YoY .

How the Earnings per Share (EPS) of SOLAR INDUSTRIES INDIA have changed?

The Earnings Per Share (EPS) of SOLAR INDUSTRIES INDIA has increased by 44.68 % YoY .