Solar Industries India Ltd (NSE: SOLARINDS, BSE: 532725) is a Nagpur, Maharashtra-based company in the Explosives & Propellants industry. With a market capitalisation of ₹1,81,080 Cr, it ranks #49 by market cap among the 6,137 Indian listed companies on FinBizNet, and #1 of 2 in Explosives & Propellants. At ₹18,365.00 (as of 25 Oct 2026), the share price is 19.1% below its 52-week high of ₹22,700.00 and 57.7% above its 52-week low of ₹11,646.00. The share price is up 30.7% over one year and down 0.7% over three months.
| Current Price | ₹18,365.00 |
|---|---|
| Market Cap | ₹1,81,080 Cr |
| NSE Symbol | SOLARINDS |
| BSE Code | 532725 |
| Sector | Industrials > Capital Goods > Aerospace & Defence |
| Sub-Industry | Missiles, Ammunition & Explosives > Explosives & Propellants |
| P/E Ratio | 106.4 |
| Return on Equity | 31.33% |
| Return on Assets | 15.56% |
| 52-Week Range | ₹11,646.00 – ₹22,700.00 |
| 1-Year Price Change | +30.7% |
| 3-Month Price Change | -0.7% |
| Beta (1Y) | 0.34 |
| Dividend Yield | 0.06% |
| Headquarters | Nagpur, Maharashtra |
| Website | www.solargroup.com |
| Revenue | ₹3,668 Cr |
|---|---|
| Net Profit | ₹658 Cr |
| Net Margin | 17.9% |
| EPS (Basic) | ₹72.11 |
| Basis | consolidated |
Figures in ₹ crore, parsed from the company's exchange filing (XBRL).
Solar Industries India Limited, together with its subsidiaries, engages in the manufacture and sale of industrial explosives and explosive initiating devices in India and internationally. It offers industrial explosives, such as bulk and packaged explosives; and initiating systems, including electronic, electric, non-electric, and plain detonators, as well as cord relays, cast boosters, detonating cords, and aluminum elemented det products. The company provides defense products, including unmanned aerial systems and drones, ammunitions, high energy materials, bombs and warheads, rockets and missiles, initiating systems and detonix, chaffs and flares, and mines devices. Its products are used in mining, infrastructure, construction, defence, and the space sectors. The company was formerly known as Solar Explosives Limited and changed its name to Solar Industries India Limited in February 2009. The company was founded in 1983 and is based in Nagpur, India.
1. Explosives and Its Accessories-This segment manufactures a range of industrial explosives and explosive initiating devices. It also manufactures ammunition for military applications. 2. Trading-0 3. Others-0 4. Segment Adjustment-This segment engages in trading ammonium nitrate.
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| Solar Industries India Ltd | ₹1,81,080 Cr | 106.4 | 31.33% | ₹3,668 Cr | +30.7% |
| Premier Explosives Ltd. | ₹3,716 Cr | 81.3 | 17.05% | ₹103 Cr | +9.6% |
Listed by market capitalisation. Ratios are shown for context only.
Solar Industries India Ltd is trading at ₹18,365.00, with a market capitalisation of ₹1,81,080 Cr.
Solar Industries India Ltd operates in the Industrials > Capital Goods > Aerospace & Defence space (Missiles, Ammunition & Explosives > Explosives & Propellants).
Solar Industries India Ltd has a P/E of 106.4 and a return on equity of 31.33%.
Solar Industries India Ltd is listed on the NSE under the symbol SOLARINDS and on the BSE under the scrip code 532725.
Solar Industries India Ltd's share price is up 30.7% over one year and down 0.7% over three months. Its 52-week range is ₹11,646.00 to ₹22,700.00.
In Q1 FY27, Solar Industries India Ltd reported revenue of ₹3,668 Cr and net profit of ₹658 Cr, with basic EPS of ₹72.11 (consolidated, parsed from the company's exchange filing).
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.