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

The Revenues of SOLAR INDUSTRIES INDIA have increased by 24.23% YoY .
The Earnings Per Share (EPS) of SOLAR INDUSTRIES INDIA has increased by 38.70 % YoY.
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SOLAR INDUSTRIES INDIA Last 5 Annual Financial Results
[BOM: 532725|NSE : SOLARINDS]

ConsolidatedMar2026
Mar2025
Mar2024
Mar2023
Mar2022
Revenues ₹7,540 Cr₹6,070 Cr₹6,923 Cr₹3,948 Cr₹2,516 Cr
Expenses ₹5,598 Cr₹4,700 Cr₹5,634 Cr₹3,213 Cr₹2,001 Cr
Operating Profit (Excl OI) ₹1,942 Cr₹1,369 Cr₹1,289 Cr₹735 Cr₹515 Cr
Other Income ₹89 Cr₹44 Cr₹32 Cr₹32 Cr₹21 Cr
Interest ₹117 Cr₹109 Cr₹90 Cr₹50 Cr₹45 Cr
Depreciation ₹182 Cr₹143 Cr₹128 Cr₹109 Cr₹94 Cr
Profit Before Tax ₹1,739 Cr₹1,161 Cr₹1,102 Cr₹607 Cr₹397 Cr
Profit After Tax ₹1,288 Cr₹875 Cr₹811 Cr₹455 Cr₹288 Cr
Consolidated Net Profit ₹1,209 Cr₹836 Cr₹757 Cr₹441 Cr₹276 Cr
Earnings Per Share (Rs)₹185.36₹133.64₹92.37₹83.67₹48.76
PAT Margin (%)17.6517.0814.4211.7211.43
ROE(%)32.4933.3729.5935.8626.07
ROCE(%)38.1638.0031.0236.3325.56
Total Debt/Equity(x)0.230.210.330.450.45

Key Financials

Market Cap : ₹ 167,327.3 Cr
Revenue (TTM) : ₹ 9,837.7 Cr
Net Profit(TTM) : ₹ 1,736.4 Cr
EPS (TTM) : ₹ 191.9
P/E (TTM) : 96.4

Industry Peers & Returns1W1M1Y
SOLAR INDUSTRIES INDIA -2.8% 3.6% 22.9%
PIDILITE INDUSTRIES 0.3% -0.6% 4.6%
SRF -7.3% -3.7% -18.1%
GUJARAT FLUOROCHEMICALS 6.6% 17.6% 32.8%
GODREJ INDUSTRIES -2.4% 15.5% 17.4%
NAVIN FLUORINE INTERNATIONAL -4.2% -2.3% 54.6%
DEEPAK NITRITE -2.3% 0.2% -15.6%
ATUL 5% -3.3% -15.8%
TATA CHEMICALS -1.3% -5.9% -27.5%


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

Y-o-Y

24.23 %

5 Yr CAGR

31.58 %

Years Revenues % Change
Mar2026 ₹7,540 Cr
24.23
Mar2025 ₹6,070 Cr
-12.32
Mar2024 ₹6,923 Cr
75.36
Mar2023 ₹3,948 Cr
56.92
Mar2022 ₹2,516 Cr -


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

Y-o-Y

41.84 %

5 Yr CAGR

39.38 %

Years Operating Profit % Change
Mar2026 ₹1,942 Cr
41.84
Mar2025 ₹1,369 Cr
6.23
Mar2024 ₹1,289 Cr
75.47
Mar2023 ₹735 Cr
42.74
Mar2022 ₹515 Cr -

Operating Margins
Y-o-Y

14.18 %

5 Yr CAGR

5.93 %

Years Operating Margin% % Change
Mar2026 25.76%
14.18
Mar2025 22.56%
21.16
Mar2024 18.62%
0.05
Mar2023 18.61%
-9.04
Mar2022 20.46% -

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

Y-o-Y

44.68 %

5 Yr CAGR

44.64 %

Years Profit After Tax % Change
Mar2026 ₹1,209 Cr
44.68
Mar2025 ₹836 Cr
10.40
Mar2024 ₹757 Cr
71.59
Mar2023 ₹441 Cr
59.68
Mar2022 ₹276 Cr -

PAT Margins
Y-o-Y

3.34 %

5 Yr CAGR

11.47 %

Years PAT Margin(%) % Change
Mar2026 17.65 %
3.34
Mar2025 17.08 %
18.45
Mar2024 14.42 %
23.04
Mar2023 11.72 %
2.54
Mar2022 11.43 % -

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

Y-o-Y

38.70 %

5 Yr CAGR

39.63 %

Years EPS % Change
Mar2026 ₹185
38.70
Mar2025 ₹134
44.68
Mar2024 ₹92
10.40
Mar2023 ₹84
71.60
Mar2022 ₹49 -

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

Y-o-Y

0.42 %

5 Yr CAGR

10.54 %

Years ROCE % Change
Mar2026 38.16%
0.42
Mar2025 38%
22.50
Mar2024 31.02%
-14.62
Mar2023 36.33%
42.14
Mar2022 25.56% -

SOLAR INDUSTRIES INDIA Share Price vs Sensex

Current Share Price : ₹18,489.2
Current MarketCap: ₹ 167,327.3 Cr
Updated EOD on :Jul 24,2026

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

-2.8%

3.6%

22.9%

SENSEX

-2.7%

-0.2%

-8%

SOLAR INDUSTRIES INDIA related INDICES

BSE Indices1W1M1Y
BSE INDIA DEFENCE 0.2% -2.2% NA
BSE DIVIDEND STABILITY INDEX -0.1% 0.4% 2.5%
BSE COMMODITIES -0.4% -0.1% 7.5%
BSE 200 EQUAL WEIGHT -1% 0.2% 2.4%
BSE INDIA SECTORS LEADERS -1.6% 0.4% -5.6%
NSE Indices1W1M1Y
NIFTY200 QUALITY 30 0.2% 1.7% -3.8%
NIFTY INDIA DEFENCE 0.1% -3.1% 10.9%
NIFTY100 QUALITY 30 -0.1% 1.6% -2.2%
NIFTY NEXT 50 -0.1% -0.4% 4.2%
NIFTY100 ALPHA 30 -0.4% -1.4% -2.2%

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FAQ about SOLAR INDUSTRIES INDIA Financials


How the annual revenues of SOLAR INDUSTRIES INDIA have changed ?

The Revenues of SOLAR INDUSTRIES INDIA have increased by 24.23% 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 38.70 % YoY .