Solar Industries India Ltd
NSE:SOLARINDS

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Solar Industries India Ltd Logo
Solar Industries India Ltd
NSE:SOLARINDS
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Price: 14 523 INR 3.82% Market Closed
Market Cap: ₹1.3T

Net Margin

16.2%
Current
Improving
by 2%
vs 3-y average of 14.3%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
16.2%
=
Net Income
₹14.5B
/
Revenue
₹89.5B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
16.2%
=
Net Income
₹14.5B
/
Revenue
₹89.5B

Peer Comparison

Country Company Market Cap Net
Margin
IN
Solar Industries India Ltd
NSE:SOLARINDS
1.3T INR
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SA
Saudi Basic Industries Corporation SJSC
SAU:2010
228.3B SAR
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ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
45.6B USD
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ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
469.3T IDR
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CN
Hengli Petrochemical Co Ltd
SSE:600346
167.3B CNY
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US
Dow Inc
NYSE:DOW
23.2B USD
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CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
139.9B CNY
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TW
Nan Ya Plastics Corp
TWSE:1303
628.9B TWD
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UK
LyondellBasell Industries NV
NYSE:LYB
19.8B USD
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KR
LG Chem Ltd
KRX:051910
25.5T KRW
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CN
Zhejiang Juhua Co Ltd
SSE:600160
110.3B CNY
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Market Distribution

Higher than 79% of companies in India
Percentile
79th
Based on 5 531 companies
79th percentile
16.2%
Low
-305 007.7% — 2.1%
Typical Range
2.1% — 11.6%
High
11.6% — 1 221 633.3%
Distribution Statistics
India
Min -305 007.7%
30th Percentile 2.1%
Median 5.8%
70th Percentile 11.6%
Max 1 221 633.3%

Solar Industries India Ltd
Glance View

In the heart of industrial India, where innovation meets opportunity, Solar Industries India Ltd has carved a niche that blends the art of explosive manufacturing with strategic business acumen. Founded in 1995, the company has evolved from its humble beginnings in Nagpur to become a leading explosives manufacturer, holding the distinction of being India’s largest and among the top global players. The company is best known for its production of industrial explosives and initiating systems, serving sectors such as mining, infrastructure, and defense. What sets Solar Industries apart is its integrated approach, from manufacturing the raw materials to delivering the final product and providing technical support, ensuring that clients receive a comprehensive solution tailored to their specific needs. At the core of its financial success is Solar Industries' ability to capitalize on both domestic and international markets, enabling a robust revenue stream. Primarily, the company generates income from the sale of explosives used in mining projects, where its products help in efficient extraction of minerals. Additionally, with a keen eye on diversification, Solar Industries extends its reach into the growing defense sector, offering ammunition and related defense products, which represent a promising vertical with significant growth potential. By combining its deep industrial expertise with strategic expansions into newer domains, Solar Industries not only fuels its own growth but also contributes significantly to the industries it serves, maintaining a steady pulse on the markets and technologies that drive its business forward.

SOLARINDS Intrinsic Value
4 665.34 INR
Overvaluation 68%
Intrinsic Value
Price
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
16.2%
=
Net Income
₹14.5B
/
Revenue
₹89.5B
What is Solar Industries India Ltd's current Net Margin?

The current Net Margin for Solar Industries India Ltd is 16.2%, which is above its 3-year median of 14.3%.

How has Net Margin changed over time?

Over the last 3 years, Solar Industries India Ltd’s Net Margin has increased from 11.4% to 16.2%. During this period, it reached a low of 10.9% on Mar 31, 2023 and a high of 16.2% on Jan 31, 2026.

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