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 Mr. Kailashchandra Nuwal (Designation:Executive Director), Nilesh Panpaliya (Designation:Chief Financial Officer), Mr. Manish Nuwal (Designation:Executive Director), Mr. Anil Kumar Jain (Designation:Executive Director), Mr. Suresh Menon (Designation:Executive Director), Mr. Anant Sagar Awasthi (Designation:Non-Executive - Independent 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), Mrs. Madhu Vij (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 1089.75 0.65 (0.06%)

BSE

1089.75 0.65 (0.06%)
Volume: 151.00
M. Cap: 9,820.00
P/E: 49.94
Prev. Close: 1,089.10
Day
52 Wk

NSE

1,083.50 -4.60 (-0.42%)
Volume: 11,629.00
M. Cap: 9,820.00
P/E: 49.94
Prev. Close: 1,088.10
Day
52 Wk

Stock Price Chart

Shareholding Pattern

Category No. of shares Percent(%)
Promoters 6,61,91,271 73.15
NBFC and Mutual Funds 1,52,01,331 16.80
Foreign Institutions 32,69,228 3.61
General Public 31,66,941 3.50
Financial Institutions 16,35,886 1.81
Others 10,25,398 1.13
Total 9,04,90,055 100

NSE Trade Data

Trade Snapshot
VWAP 1,089.86
Face Value 2.00
Traded Volume (shares) 11,629.00
Traded Value (lacs) 126.74
Free Float Market Cap (Crs) 2,658.48
52 week high 1,311.00
52 week low 924.30
Lower Price Band 870.50
Upper Price Band 1,305.70
Security-wise Delivery Position
Quantity Traded 11,025.00
Deliverable Quantity (gross across client level) 10,435.00
% of Deliverable Quantity to Traded Quantity 94.65 %
Value at Risk (VaR in %)
Security VaR 5.07
Index VaR -
VAR Margin 7.50
Extreme Loss Rate 5.00
Adhoc Margin -
Applicable Margin Rate 12.50

Financial Data

Consolidated
Figures in crore 2019 2018 2017
Net Sales 2,461.57 1,916.12 1,579.99
Operating Profit 510.61 423.65 337.10
Other Income 14.72 12.10 13.21
Interest 49.87 32.72 26.89
Depreciation 58.89 51.29 38.74
Profit Before Tax 401.85 339.64 271.47
Tax 125.05 106.05 76.74
Profit After Tax 276.80 233.59 194.73
Share Capital 18.10 18.10 18.10
Reserves 1,220.23 1,065.76 910.49
Net Worth 1,238.33 1,083.86 928.59
Loans 604.08 518.30 501.16
Gross Block 1,213.65 1,037.79 839.77
Investments 32.64 17.05 53.25
Cash 91.76 69.46 39.39
Debtors 399.04 363.58 319.06
Net Working Capital 636.88 601.81 549.06
Operating Profit Margin (%) 20.74 22.11 21.34
Net Profit Margin (%) 11.24 12.19 12.32
Earning Per Share (Rs) 28.91 24.37 20.21
Dividend (%) 350.00 300.00 250.00
Dividend Payout 54.29 27.15 18.10
Standalone
Figures in crore 2019 2018 2017
Net Sales 1,663.22 1,273.27 1,137.31
Operating Profit 328.34 245.74 230.22
Other Income 21.22 18.23 13.38
Interest 11.92 14.23 13.79
Depreciation 28.93 26.09 19.28
Profit Before Tax 287.49 205.42 197.15
Tax 96.02 71.16 64.57
Profit After Tax 191.47 134.26 132.58
Share Capital 18.10 18.10 18.10
Reserves 866.95 741.11 640.54
Net Worth 885.05 759.21 658.64
Loans 171.31 152.10 245.81
Gross Block 554.02 476.68 433.81
Investments 92.18 65.52 102.50
Cash 27.31 9.94 9.71
Debtors 185.49 157.64 177.81
Net Working Capital 419.95 391.05 383.23
Operating Profit Margin (%) 19.74 19.30 20.24
Net Profit Margin (%) 11.51 10.54 11.66
Earning Per Share (Rs) 21.16 14.84 14.24
Dividend (%) 350.00 300.00 250.00
Dividend Payout 54.29 27.15 18.10
Dividend Declared (₹)
The company has declared dividend 22 times between 12 Sep 2007 and 18 Jul 2019, totaling Rs. 111.00 so far. The most recent dividend was declared on 18 Jul 2019 for Rs. 7.

Financial Data Graph

The peers of Solar Industries are PIDILITIND, INEOSSTYRO and SUDARSCHEM. 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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