Business description: Solar Industries India Limited

Solar Industries India Limited is an India-based integrated global explosives company. The Company is primarily involved in the manufacturing of complete range of industrial explosives and explosive initiating devices. Its segment is Explosives and its accessories. The Company's products include industrial explosives and defense. Its industrial explosives products include packaged emulsion explosives, bulk explosives and explosive initiating systems. Its industrial explosives include superpower 90, solargel, solar prime, solar prime gold, Eco Power, and others. The Company's defense products include high energy materials, such as HMX, RDX, TNT and their compounds; composite propellants for Pinaka, Akash, Brahmos, PSOMXL and Skyroot, among others; 30 mm ammunition, multi-mode hand grenade, mines, warheads, bund blasting device; artillery fuses, ASW fuses, Pyros and igniters; chaff payloads; loitering munition; rocket integration, and explosives filling of ammunition.

Number of employees: 2,403

Sales by Activity: Solar Industries India Limited

Fiscal Period: March20212022202320242025

Explosives Its Accessories and related Services

2.52TCr 3.95TCr 6.92TCr 6.07TCr 7.54TCr
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Geographical breakdown of sales: Solar Industries India Limited

Fiscal Period: March20212022202320242025

Outside India

1.11TCr 1.44TCr 2.93TCr 2.72TCr 3.85TCr

India

1.33TCr 2.39TCr 3.88TCr 3.19TCr 3.51TCr
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Executive Committee: Solar Industries India Limited

Manager TitleAgeSince
Chief Executive Officer 51 14/08/2012
Director of Finance/CFO 47 -
Director of Finance/CFO 51 -
Compliance Officer 40 -
See SOLAR INDUSTRIES INDIA LIMITED governance

Composition of the Board of Directors: Solar Industries India Limited

Director TitleAgeSince
Chairman 73 24/02/1995
Director/Board Member 51 25/10/2008
Director/Board Member 65 11/05/2018
Director/Board Member 60 29/07/2021
Director/Board Member 62 01/04/2024
Director/Board Member 56 18/09/2025
Director/Board Member - 18/10/2025
Director/Board Member 72 03/12/2025
Composition of the Board of Directors

Shareholders: Solar Industries India Limited

NameEquities%Valuation
38.93 %
3,52,32,069 38.93 % 5 227 M ₹
23.08 %
2,08,82,963 23.08 % 3 098 M ₹
6.153 %
55,68,230 6.153 % 826 M ₹
3.579 %
32,38,254 3.579 % 480 M ₹
SBI Funds Management Ltd.
3.378 %
30,56,406 3.378 % 453 M ₹
List of SOLAR INDUSTRIES INDIA LIMITED shareholders

Company details: Solar Industries India Limited

Solar Industries India Ltd.

Solar House

440023, Nagpur

+91 71 2663 4555

http://www.solargroup.com
address Solar Industries India Limited(SOLARINDS)

Group companies: Solar Industries India Limited

NameCategory and Sector
Solar Mining Services Pty Ltd.
Solar Mining Services Pty Ltd.
Industrial Specialties
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Other Commodity Chemicals

Change 5d. change 1-year change 3-years change Capi.($)
+0.02%-3.73%+14.67%+208.78% 1.25TCr
-0.50%-3.22%-1.26%+27.56% 11TCr
+0.37%-0.55%-21.37%-32.78% 4.35TCr
-1.74%-9.62%-11.60%+200.00% 3.66TCr
0.00%+1.61%-6.83%-25.80% 3.07TCr
+6.29%+6.59%+297.86%+380.00% 2.09TCr
+0.21%-3.32%+27.28%+8.23% 1.89TCr
+0.17%-2.22%+9.70%+26.93% 1.86TCr
+1.33%+5.80%+62.59%-21.53% 1.73TCr
-1.13%-9.31%+67.30%-16.46% 1.56TCr
Average +0.51%-0.58%+43.84%+75.49% 3.21TCr
Weighted average by Cap. +0.14%-1.47%+23.47%+57.99%
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Trader
Investor
Global
Quality
ESG MSCI
BBB
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
12,456.00INR
Average target price
17,146.29INR
Spread / Average Target
+37.65%
Consensus

Quarterly revenue - Rate of surprise

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