Valuation Solar Industries India Limited

Equities

Market Closed - NSE India S.E. Other stock markets 05:19:47 21/01/2026 pm IST			5-day change	1st Jan Change
12,539.00 ^INR	-0.45%		-2.61%	+2.34%

31/12	Solar Industries India Bags Additional Order Worth INR17.5 Billion for Supply of Explosives	MT
31/12	Solar Industries India bags additional order of 17.46 billion rupees	RE

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	1,16,067	2,53,055	3,43,184	7,94,661	10,17,470	11,34,655	-	-
Change	-	118.03%	35.62%	131.56%	28.04%	11.52%	-	-
Enterprise Value (EV) ¹	1,16,067	2,53,055	3,43,184	7,94,661	10,17,470	11,46,763	11,56,248	11,60,769
Change	-	118.03%	35.62%	131.56%	28.04%	12.71%	0.83%	0.39%
P/E ratio	42x	57.3x	45.3x	95.1x	84.1x	67.8x	53.5x	41.6x
PBR	7.35x	13.2x	13.1x	24x	23.2x	18.8x	14x	10.6x
PEG	-	1x	0.6x	9.1x	1.9x	1.8x	2x	1.5x
Capitalization / Revenue	4.61x	6.41x	4.96x	13.1x	13.5x	11.4x	9.05x	7.29x
EV / Revenue	4.61x	6.41x	4.96x	13.1x	13.5x	11.5x	9.22x	7.46x
EV / EBITDA	22.6x	33.9x	26.6x	58x	51.9x	43.7x	34.4x	27.6x
EV / EBIT	27.6x	39.7x	29.6x	64.8x	57.2x	47.7x	37.8x	30.8x
EV / FCF	127x	2,443x	193x	93.9x	69.6x	-163x	-733x	147x
FCF Yield	0.79%	0.04%	0.52%	1.06%	1.44%	-0.62%	-0.14%	0.68%
Dividend per Share ²	6	7.5	8	8.5	10	11.43	13.8	16.68
Rate of return	0.47%	0.27%	0.21%	0.1%	0.09%	0.09%	0.11%	0.13%
EPS ²	30.54	48.77	83.68	92.38	133.6	184.9	234.2	301.1
Distribution rate	19.6%	15.4%	9.56%	9.2%	7.48%	6.18%	5.89%	5.54%
Net sales ¹	25,156	39,476	69,225	60,695	75,403	99,541	1,25,401	1,55,577
EBITDA ¹	5,146	7,473	12,889	13,692	19,604	26,257	33,608	42,099
EBIT ¹	4,211	6,380	11,607	12,258	17,789	24,060	30,582	37,649
Net income ¹	2,764	4,413	7,572	8,359	12,094	16,734	21,195	27,246
Net Debt ¹	-	-	-	-	-	12,108	21,593	26,114
Reference price ²	1,282.65	2,796.50	3,792.50	8,781.75	11,244.00	12,539.00	12,539.00	12,539.00
Nbr of stocks (in thousands)	90,490	90,490	90,490	90,490	90,490	90,490	-	-
Announcement Date	27/05/21	04/05/22	03/05/23	16/05/24	20/05/25	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
SOLAR INDUSTRIES INDIA LIMITED	68.12x	11.57x	43.87x	0.09%	1.25TCr
AIR LIQUIDE	24.97x	3.67x	12.14x	2.2%	11TCr
SABIC	-7.11x	1.35x	8.2x	5.74%	4.28TCr
WANHUA CHEMICAL GROUP CO., LTD.	21.84x	1.73x	11.06x	1.43%	3.87TCr
HENGLI PETROCHEMICAL CO.,LTD.	27.01x	1.3x	12.45x	1.78%	2.7TCr
NINGXIA BAOFENG ENERGY GROUP CO., LTD.	13.18x	3.64x	10.28x	3.31%	2.29TCr
ZANGGE MINING COMPANY LIMITED	42x	-	-	1.17%	2.06TCr
NAN YA PLASTICS CORPORATION	136.28x	2.69x	24.55x	0.87%	1.92TCr
GANFENG LITHIUM GROUP CO., LTD.	243.32x	7.38x	55.89x	0.02%	1.95TCr
Average	63.29x	4.17x	22.31x	1.85%	3.43TCr
Weighted average by Cap.	43.01x	3.37x	16.46x	2.27%