Company Solar Industries India Limited

SOLARINDS

INE343H01029

Commodity Chemicals

Market Closed - NSE India S.E. Other stock markets 05:19:43 11/07/2025 pm IST			5-day change	1st Jan Change
15,420.00 ^INR	-3.04%		-8.52%	+57.62%

10/07	Indian Shares Slump Despite Potential US Trade Talks	MT
03/07	Robinhood soars on stockmarket after tokenizing Wall Street - Crypto review

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: March	2021	2022	2023	2024	2025
Explosives and Its Accessories	2.52TCr	3.95TCr	6.92TCr	6.07TCr	7.54TCr

See all business segments

Geographical breakdown of sales: Solar Industries India Limited

Fiscal Period: March	2021	2022	2023	2024	2025
Outside India	1.11TCr	1.44TCr	2.93TCr	2.72TCr	3.85TCr
India	1.33TCr	2.39TCr	3.88TCr	3.19TCr	3.51TCr

See all geographic segments

Executive Committee: Solar Industries India Limited

Manager	Title	Age	Since
Manish Satyanarayan Nuwal CEO	Chief Executive Officer	51	14/08/2012
Shalinee Mandhana DFI	Director of Finance/CFO	46	-
Moneesh Agrawal DFI	Director of Finance/CFO	51	-
Khushboo Anish Pasari CMP	Compliance Officer	40	-

See SOLAR INDUSTRIES INDIA LIMITED governance

Composition of the Board of Directors: Solar Industries India Limited

Director	Title	Age	Since
Manish Satyanarayan Nuwal BRD	Director/Board Member	51	25/10/2008
Satyanarayan Nandlal Nuwal CHM	Chairman	73	24/02/1995
Suresh Menon BRD	Director/Board Member	64	11/05/2018
Milind Bhalchandra Deshmukh BRD	Director/Board Member	60	29/07/2021
Dinesh Kumar Batra BRD	Director/Board Member	62	01/04/2024
Natrajan Ramkrishna BRD	Director/Board Member	70	19/10/2022
Jagdish Chandra Belwal BRD	Director/Board Member	53	05/12/2022
Rashmi Prasad BRD	Director/Board Member	65	21/09/2023

Composition of the Board of Directors

Shareholders: Solar Industries India Limited

Name	Equities	%	Valuation
Manish Satyanarayan Nuwal 38.93 %	3,52,32,069	38.93 %	7 226 M ₹
Kailashchandra N. Nuwal 23.08 %	2,08,82,963	23.08 %	4 283 M ₹
Indira Kailashchandra Nuwal 6.153 %	55,68,230	6.153 %	1 142 M ₹
Satyanarayan Nandlal Nuwal 3.579 %	32,38,254	3.579 %	664 M ₹
Kotak Mahindra Asset Management Co. Ltd. 3.359 %	30,39,722	3.359 %	623 M ₹

List of SOLAR INDUSTRIES INDIA LIMITED shareholders

Company details: Solar Industries India Limited

Solar Industries India Ltd.

Solar House Amravati Road

440023, Nagpur

+91 71 2663 4555

http://www.solargroup.com

address Solar Industries India Limited(SOLARINDS)

Group companies: Solar Industries India Limited

Name	Category and Sector
Solar Overseas Mauritus Ltd. Solar Overseas Mauritus Ltd. MiscellaneousMiscellaneous Solar Overseas Mauritus Ltd. provides international trading, management and administrative services. The company is headquartered in Ebene, Mauritius.	Miscellaneous
Solar Mining Services Pty Ltd.
Economic Explosives Ltd. Economic Explosives Ltd. Industrial SpecialtiesProcess Industries Economic Explosives Ltd. engages in the manufacturing of explosives. The company was founded on August 16, 1995 nd is headquartered in Nagpur, India.	Industrial Specialties
Emul Tek Pvt Ltd. Emul Tek Pvt Ltd. Industrial SpecialtiesProcess Industries Part of Solar Industries India Ltd., Emul Tek Pvt Ltd. is a manufacturer of site mixed bulk loading emulsion explosive. The company is based in New Delhi, India. The company was founded in 2000. Emul Tek was acquired by Solar Industries India Ltd. on May 25, 2015.	Industrial Specialties
Solar Mining Services (Pty) Ltd. (South Africa) Solar Mining Services (Pty) Ltd. (South Africa) Industrial SpecialtiesProcess Industries Solar Mining Services (Pty) Ltd. is a South African company that manufactures and supplies explosives, related accessories, and delivery systems. The private company is based in Midrand, South Africa and was founded in 2015.	Industrial Specialties

See all subsidiaries

Other Commodity Chemicals

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
SOLAR INDUSTRIES INDIA LIMITED	-3.04%	-8.52%	+28.54%	+468.09%	1.63TCr
AIR LIQUIDE	-0.79%	+0.05%	+5.42%	+50.69%	12TCr
PT CHANDRA ASRI PACIFIC TBK	-1.01%	0.00%	+3.16%	+333.15%	5.23TCr
SABIC	-0.45%	-1.76%	-25.67%	-42.88%	4.46TCr
WANHUA CHEMICAL GROUP CO., LTD.	-1.22%	+3.01%	-33.13%	-39.77%	2.44TCr
LYONDELLBASELL INDUSTRIES N.V.	-1.18%	+4.10%	-32.10%	-24.88%	2.07TCr
NINGXIA BAOFENG ENERGY GROUP CO., LTD.	-0.06%	-2.56%	-10.60%	+12.55%	1.6TCr
HENGLI PETROCHEMICAL CO.,LTD.	-0.50%	-1.62%	-2.78%	-34.10%	1.37TCr
RONGSHENG PETROCHEMICAL CO., LTD.	-0.12%	+0.94%	-11.55%	-43.77%	1.15TCr
WESTLAKE CORPORATION	-1.30%	+5.24%	-41.79%	-10.38%	1.09TCr
Average	-0.97%	-0.01%	-12.05%	+66.87%	3.28TCr
Weighted average by Cap.	-0.89%	-0.09%	-6.54%	+81.38%