ScoreWhy is Solar Industries India Ltd ?
1
Strong Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 32.70%
- Healthy long term growth as Net Sales has grown by an annual rate of 31.36% and Operating profit at 41.29%
- Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.52 times
2
The company has declared Positive results for the last 7 consecutive quarters
- DEBT-EQUITY RATIO(HY) Lowest at 0.17 times
- OPERATING PROFIT TO INTEREST(Q) Highest at 20.60 times
- PAT(Q) Highest at Rs 446.25 cr.
3
Stock is technically in a Bullish range
- The technical trend has improved from Mildly Bullish on 05-May-26 and has generated 16.01% returns since then
- Multiple factors for the stock are Bullish like MACD, Bollinger Band, KST, DOW and OBV
4
Majority shareholders : Promoters
5
Consistent Returns over the last 3 years
- Along with generating 19.90% returns in the last 1 year, the stock has outperformed BSE500 in each of the last 3 annual periods
Real-Time Research ReportHow much should you buy?
- Overall Portfolio exposure to Solar Industries should be less than 10%
- Overall Portfolio exposure to Other Chemical products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Chemical products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Solar Industries for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Solar Industries
3.96%
0.59
33.90%
Sensex
-4.95%
-0.49
12.94%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
31.36%
EBIT Growth (5y)
41.29%
EBIT to Interest (avg)
13.94
Debt to EBITDA (avg)
0.86
Net Debt to Equity (avg)
0.15
Sales to Capital Employed (avg)
1.45
Tax Ratio
26.58%
Dividend Payout Ratio
7.48%
Pledged Shares
1.76%
Institutional Holding
19.50%
ROCE (avg)
31.11%
ROE (avg)
26.30%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
94
Industry P/E
42
Price to Book Value
25.19
EV to EBIT
67.08
EV to EBITDA
60.66
EV to Capital Employed
22.04
EV to Sales
16.17
PEG Ratio
2.44
Dividend Yield
0.06%
ROCE (Latest)
32.85%
ROE (Latest)
26.72%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend23What is working for the Company
DEBT-EQUITY RATIO(HY)
Lowest at 0.17 times
OPERATING PROFIT TO INTEREST(Q)
Highest at 20.60 times
PAT(Q)
Highest at Rs 446.25 cr.
NET SALES(Q)
Highest at Rs 2,548.32 cr
PBDIT(Q)
Highest at Rs 708.20 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 27.79%
PBT LESS OI(Q)
Highest at Rs 610.84 cr.
EPS(Q)
Highest at Rs 49.31
-2What is not working for the Company
INTEREST(Q)
Highest at Rs 34.38 cr
Loading Valuation Snapshot...
Here's what is working for Solar Industries
Operating Profit to Interest - Quarterly
Highest at 20.60 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Profit After Tax (PAT) - Quarterly
Highest at Rs 446.25 cr. and Grown
each quarter in the last five quartersMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 446.25 cr has Grown at 41.7%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Debt-Equity Ratio - Half Yearly
Lowest at 0.17 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Net Sales - Quarterly
Highest at Rs 2,548.32 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 2,548.32 cr has Grown at 29.15%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 708.20 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 27.79%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 610.84 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 610.84 cr has Grown at 35.87%
Year on Year (YoY)MOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 49.31
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Solar Industries
Interest - Quarterly
Highest at Rs 34.38 cr
in the last five quarters and Increased by 11.30 % (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
