Solar Industries India Limited
Financial trend (100/100) does the heavy lifting; valuation (0/100) is the drag.
ExpensiveOvervaluedSolar Industries India Limited earns a Hold from StocksWizard, with a blended score of 45/100. We put fair value near ₹9,195.5; at ₹18,391 that leaves roughly 50% downside, so the stock screens overvalued by 50%. On 96.1x trailing earnings it sits pricier than the Basic Materials median of about 22.2x. It's trading right at its 52-week high of ₹19,033.75. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9. The average analyst target of ₹20,131.92 implies about 9% upside across 12 analysts. It clears 9 of 13 investability checks, with durability 86, valuation 0 and momentum 85 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹7,356.4. Low-confidence estimate — limited data.
Analyst views
1-year price
EOD · 2026-07-3152-week range
-3.38% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Hold45Piotroski F-score 4/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- Pass: ROE above 15%: 31.3%
- Pass: Low debt (D/E < 0.5): 0.23x
- Fail: Positive free cash flow
- Pass: Revenue growth > 10%: 41%
- Pass: Earnings growing: 70%
- Pass: Net margin ≥ 10%: 17.1%
- Pass: Current ratio > 1.5: 2.06
- Fail: Below our fair value
- Fail: Margin of safety ≥ 20%
- Pass: Above 200-day average
- Pass: Above 50-day average
- No data: Positive 1-year return
- Pass: Altman Z in safe zone: Z 23.82
- Fail: Piotroski ≥ 7: 4/9
Quarterly results
Annual financials
Shareholding
- Promoter43.9%
- Institutions45.0%
- Public & other11.1%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Strong return on equity (31.3%).
- Lightly leveraged balance sheet.
- Healthy profit margin (17.1%).
- Financially solid — Altman Z 23.82.
Opportunities
- Earnings growing (70% YoY).
- Revenue growing (41% YoY).
Bear case
Threats
- Rich valuation versus sector peers.
- Trades ~50% above our estimated fair value.
About Solar Industries India Limited
Solar Industries India Limited manufactures and sells industrial explosives and explosive initiating devices in India and internationally. Its product portfolio includes bulk and packaged explosives, electronic and electric detonators, non-electric and plain detonators, cord relays, cast boosters, detonating cords, and aluminum-based detonator products.
Solar Industries India Limited — frequently asked questions
Is Solar Industries India Limited a buy, hold or sell?
StocksWizard currently rates Solar Industries India Limited (SOLARINDS) a Hold, based on a blended score of 45/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is Solar Industries India Limited's fair value?
Our blended DCF and relative-valuation model estimates Solar Industries India Limited's fair value at about ₹9,195.5, versus a current price of ₹18,391 — roughly 50% downside. On that basis the stock looks overvalued by 50%.
Is Solar Industries India Limited financially healthy?
Solar Industries India Limited scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9.
How has Solar Industries India Limited's share price performed?
Solar Industries India Limited is up 16% over three months, and last traded at ₹18,391. Past performance doesn't predict future returns.
More in Basic Materials
View allOur 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.