Solar Industries India Ltd.
SOLARINDS · NSE · Basic Materials
With a 20% margin of safety, our buy-below price is ₹4,841.73.
Piotroski F-score 4/9 — quality of earnings & balance sheet.
Investability checklist
- ✓ROE above 15%31.3%
- ✓Low debt (D/E < 0.5)0.23x
- ✕Positive free cash flow
- ✓Revenue growth > 10%41%
- ✓Earnings growing70%
- ✓Net margin ≥ 10%17.1%
- ✓Current ratio > 1.52.06
- ✕Below our fair value
- ✕Margin of safety ≥ 20%
- ✓Above 200-day average
- ✓Above 50-day average
- –Positive 1-year return
- ✓Altman Z in safe zoneZ 23.09
- ✕Piotroski ≥ 74/9
1-year price
EOD · 2026-06-15Our scores
Key fundamentals
SWOT snapshot
Strengths
- •Strong return on equity (31.3%).
- •Lightly leveraged balance sheet.
- •Healthy profit margin (17.1%).
- •Financially solid — Altman Z 23.09.
Opportunities
- •Earnings growing (70% YoY).
- •Revenue growing (41% YoY).
Threats
- •Rich valuation versus sector peers.
- •Trades ~65% above our estimated fair value.
About Solar Industries India Ltd.
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 produc
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Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.