Company Solar Industries India Limited Bombay S.E.

Company Solar Industries India Limited Bombay S.E.

532725

INE343H01029

Commodity Chemicals

Analysts' Consensus

Equities

532725

INE343H01029

Commodity Chemicals

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Solar Industries India Limited

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Commodity Chemicals

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Solar Industries India Limited

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Commodity Chemicals

Market Closed - Bombay S.E. Other stock markets 06:00:50 2024-04-26 am EDT			5-day change	1st Jan Change
8,785 ^INR	-0.15%		+3.03%	+30.63%

Apr. 01	Solar Industries India Limited Announces Cessation of Amrendra Prasad Verma as Non-Executive Independent Director	CI
Mar. 22	Solar Industries India Raises INR350 Million via Bond Sale	MT

Solar Industries India Limited is an India-based integrated global explosives company. The Company is primarily involved in the manufacturing of complete range of industrial explosives and explosive initiating devices. Its segment is Explosives and its accessories. The Company's products include industrial explosives and defense. Its industrial explosives products include packaged emulsion explosives, bulk explosives and explosive initiating systems. It is a domestic manufacturer of bulk and cartridge explosives, detonators, detonating cords and components. The Company's defense products include high energy materials, such as HMX, RDX, TNT and their compounds; composite propellants for Pinaka, Akash, Brahmos, PSOMXL and Skyroot, among others; 30 mm ammunition, multi-mode hand grenade, mines, warheads, bund blasting device; artillery fuses, ASW fuses, Pyros and igniters; chaff payloads; loitering munition; rocket integration, and explosives filling of ammunition.

Number of employees: 1,781

INR in Million	2022	Weight	2023	Weight	Delta
Explosives and Its Accessories 98.3 %	38,285	97.0 %	68,044	98.3 %	+77.73%
Other 1.7 %	1,191	3.0 %	1,182	1.7 %	-0.77%

INR in Million	2022	Weight	2023	Weight	Delta
India 57.0 %	23,874	62.4 %	38,758	57.0 %	+62.34%
International 43.0 %	14,411	37.6 %	29,286	43.0 %	+103.22%

Managers	Title	Age	Since
Manish Satyanarayan Nuwal CEO	Chief Executive Officer	50	98-12-31
Shalinee Mandhana DFI	Director of Finance/CFO	45	21-05-26
Moneesh Agrawal DFI	Director of Finance/CFO	49	21-05-26
Khushboo Anish Pasari CMP	Compliance Officer	-	-

Members of the board	Title	Age	Since
Manish Satyanarayan Nuwal CEO	Chief Executive Officer	50	98-12-31
Satyanarayan Nandlal Nuwal FOU	Founder	71	95-02-23
Suresh Menon BRD	Director/Board Member	63	18-05-10
Milind Deshmukh BRD	Director/Board Member	58	21-07-28
Natrajan Ramkrishna BRD	Director/Board Member	68	22-10-18
Jagdish Chandra Belwal BRD	Director/Board Member	51	22-12-04
Rashmi Prasad BRD	Director/Board Member	64	23-09-20

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	90,490,055	24,296,739 ( 26.85 %)	0	26.85 %

Name	Equities	%	Valuation
Manish Satyanarayan Nuwal 38.93 %	35,232,069	38.93 %	3 712 M ₹
Kailashchandra N. Nuwal 23.08 %	20,882,963	23.08 %	2 200 M ₹
Indira Kailashchandra Nuwal 6.153 %	5,568,230	6.153 %	587 M ₹
SBI Funds Management Ltd. 5.548 %	5,020,124	5.548 %	529 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt) 5.290 %	4,786,951	5.290 %	504 M ₹
Kotak Mahindra Asset Management Co. Ltd. 4.546 %	4,113,887	4.546 %	433 M ₹
Satyanarayan Nandlal Nuwal 3.579 %	3,238,254	3.579 %	341 M ₹
Seema Manish Nuwal 1.374 %	1,243,440	1.374 %	131 M ₹
Fidelity Management & Research (Hong Kong) Ltd. 0.7595 %	687,279	0.7595 %	72 M ₹
Axis Asset Management Co. Ltd. 0.7233 %	654,555	0.7233 %	69 M ₹

Solar Industries India Ltd.

Solar House Amravati Road

440023, Nagpur

+91 71 2663 4555

http://www.solargroup.com

address Solar Industries India Limited(532725)

Name	Category and Sector
Economic Explosives Ltd. Economic Explosives Ltd. Industrial SpecialtiesProcess Industries Economic Explosives Ltd. engages in the manufacturing of explosives. The company was founded on August 16, 1995 nd is headquartered in Nagpur, India.	Industrial Specialties
Emul Tek Pvt Ltd. Emul Tek Pvt Ltd. Industrial SpecialtiesProcess Industries Part of Solar Industries India Ltd., Emul Tek Pvt Ltd. is a manufacturer of site mixed bulk loading emulsion explosive. The private company is based in New Delhi, India. The company was founded in 2000. Emul Tek was acquired by Solar Industries India Ltd. on May 25, 2015.	Industrial Specialties
Solar Mining Services Pty Ltd.
Solar Overseas Mauritus Ltd. Solar Overseas Mauritus Ltd. MiscellaneousMiscellaneous Solar Overseas Mauritus Ltd. provides international trading, management and administrative services. The company is headquartered in Ebene, Mauritius.	Miscellaneous
Solar Mining Services (Pty) Ltd. (South Africa)

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

8,802 INR

Average target price

7,892 INR

Spread / Average Target

-10.34%

Consensus

Estimates Revisions

Company calendar

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