Solar Industries

BSE: 532725 | NSE: SOLARINDS
Solar Industries (CIN: L74999MH1995PLC085878) operates in the Specialty Chemicals industry and has been listed in the stock market since 3rd Apr 2006. It currents trades on NSE with symbol SOLARINDS and on BSE with scrip code 532725.
The registered office of the company is Solar, House, 14, Kachimet, Amravati Road, ,Nagpur,Maharashtra,400023.

The management team of Solar Industries is led by Mr. Satyanarayan Nuwal who is the Executive Director-Chairperson. Other members of the management team consist of Nilesh Panpaliya (Designation:Chief Financial Officer), Mr. Manish Nuwal (Designation:Executive Director-CEO-MD), Mr. Anil Kumar Jain (Designation:Executive Director), Mr. Suresh Menon (Designation:Executive Director), Mr. Dilip Patel (Designation:Non-Executive - Independent Director), Mr. Ajai Nigam (Designation:Non-Executive - Independent Director), Mr. Amrendra Verma (Designation:Non-Executive - Independent Director), Smt. Madhu Vij (Designation:Non-Executive - Independent Director), Mr. Sunil Srivastav (Designation:Non-Executive - Independent Director), Mrs. Khushboo Pasari (Designation:Company Secretary & Compliance Officer), .

The price and other financial information of Solar Industries is as below -

BSE 1065.9 7.65 (0.72%)

BSE

1065.9 7.65 (0.72%)
Volume: 2,609.00
M. Cap: 9,769.00
P/E: 49.18
Prev. Close: 1,061.15
Day
52 Wk
Symbol is not Traded Today for NSE

Stock Price Chart

Shareholding Pattern

Category No. of shares Percent(%)
Promoters 6,61,91,271 73.15
Foreign Institutions 39,93,045 4.41
NBFC and Mutual Funds 1,50,55,910 16.64
Others 12,25,050 1.35
General Public 30,86,442 3.41
Financial Institutions 9,38,337 1.04
Total 9,04,90,055 100

Financial Data

Consolidated
Figures in crore 2020 2019 2018
Net Sales 2,237.30 2,461.57 1,916.12
Operating Profit 475.37 510.61 423.65
Other Income 41.05 14.72 12.10
Interest 55.04 49.87 32.72
Depreciation 84.53 58.89 51.29
Profit Before Tax 335.80 401.85 339.64
Tax 57.13 125.05 106.05
Profit After Tax 278.67 276.80 233.59
Share Capital 18.10 18.10 18.10
Reserves 1,361.99 1,220.23 1,065.76
Net Worth 1,380.09 1,238.33 1,083.86
Loans 719.04 604.08 518.30
Gross Block 1,460.75 1,213.56 1,037.79
Investments 2.35 32.64 17.05
Cash 120.14 91.76 69.46
Debtors 370.32 399.04 363.58
Net Working Capital 774.77 636.88 601.81
Operating Profit Margin (%) 21.25 20.74 22.11
Net Profit Margin (%) 12.46 11.24 12.19
Earning Per Share (Rs) 29.55 28.91 24.37
Dividend (%) 300.00 350.00 300.00
Dividend Payout 63.34 54.29 27.15
Standalone
Figures in crore 2020 2019 2018
Net Sales 1,511.54 1,663.22 1,273.27
Operating Profit 298.57 328.34 245.74
Other Income 35.35 21.22 18.23
Interest 12.17 11.92 14.23
Depreciation 33.96 28.93 26.09
Profit Before Tax 252.44 287.49 205.42
Tax 39.04 96.02 71.16
Profit After Tax 213.40 191.47 134.26
Share Capital 18.10 18.10 18.10
Reserves 1,003.28 866.95 741.11
Net Worth 1,021.38 885.05 759.21
Loans 129.45 171.31 152.10
Gross Block 662.18 553.99 476.68
Investments 129.87 92.18 65.52
Cash 64.98 27.31 9.94
Debtors 205.96 185.49 157.64
Net Working Capital 443.82 419.95 391.05
Operating Profit Margin (%) 19.75 19.74 19.30
Net Profit Margin (%) 14.12 11.51 10.54
Earning Per Share (Rs) 23.58 21.16 14.84
Dividend (%) 300.00 350.00 300.00
Dividend Payout 63.34 54.29 27.15
Dividend Declared (₹)
The company has declared dividend 23 times between 12 Sep 2007 and 03 Sep 2020, totaling Rs. 117.00 so far. The most recent dividend was declared on 03 Sep 2020 for Rs. 6.

Financial Data Graph

The peers of Solar Industries are BASF, FLUOROCHEM and HSCL. You can get more detailed information on those company by clicking on the respective names.

* The above data is collected from public sources and we do not guarantee the accuracy of the same.*

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