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.
Business Segments
The company operates through Mining Explos…
Analysis
Hope premium
Solar Industries India Limited is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is expensive. The owner-earnings multiple stands at 753.0×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 59% a year, against analyst forecasts of 31%. The market is pricing in far more than analysts expect: heroic expectations.
Growth is solid; the safety picture is sturdy. The company scores 17/20 on our value-creation score: strong value creator.
Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202311
73
2023202420252026
All-time high
73
Jun 2026
All-time low
11
Jan 2023
Average rank
42
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
1
9
16
43
Price/Earnings
3
11
5
24
Price/Book
1
5
7
21
Dividend Yield
39
16
8
12
Value (overall)
3
3
1
15
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.