Solar Industries India shares fall 2.01%, stock among losers on Nifty Midcap 150

Disclaimer This is an AI-assisted live blog with updates from multiple sources Disclaimer

Shares of Solar Industries India declined by 2.01% to Rs 13,863.00 in Friday's trading session. The stock is among the losers on the Nifty Midcap 150 index.

On the financial front, the consolidated revenue for the quarter-ending June 2025 stood at Rs 2,154.45 Crore, which is an increase compared to Rs 2,166.55 Crore in the quarter-ending March 2025. The net profit for the same period was Rs 352.56 Crore, up from Rs 348.69 Crore in the previous quarter.

The company's consolidated revenue for the year-ending March 2025 was Rs 7,540.26 Crore, a notable increase from Rs 6,069.52 Crore in the previous year. The net profit for the year-ending March 2025 stood at Rs 1,282.38 Crore, up from Rs 874.88 Crore in the year-ending March 2024.

Here's a detailed look at Solar Industries India's financial performance:

The annual income statement shows consistent growth. Sales increased from Rs 2,515 Crore in March 2021 to Rs 7,540 Crore in March 2025. Net profit also rose significantly from Rs 288 Crore to Rs 1,282 Crore over the same period.

Key cash flow figures reveal that cash flow from operating activities was Rs 2,467 Crore for the year-ending March 2025, compared to Rs 1,406 Crore in the previous year. Investing activities resulted in a cash outflow of Rs -1,593 Crore, while financing activities showed an outflow of Rs -476 Crore.

The balance sheet shows that Solar Industries India has total assets of Rs 8,261 Crore and total liabilities of Rs 8,261 Crore as of March 2025. The company's reserves and surplus stand at Rs 4,368 Crore.

Solar Industries India has announced several corporate actions, including compliances related to interest payments and principal on Non-Convertible Debentures (NCDs). Additionally, there was an announcement regarding the completion of tenure for an independent director.

The company announced a final dividend of Rs 10 per share on May 20, 2025, with an effective date of July 8, 2025. Previous dividends include Rs 8.50 per share in 2024 and Rs 8 per share in 2023.

A stock split was announced on May 16, 2016, with the old face value of Rs 10 being split into a new face value of Rs 2. The ex-split date was July 13, 2016.

The company’s ratios present a mixed view. The P/E ratio stands at 84.13 as of March 2025, and the P/B ratio is 23.20. The debt-to-equity ratio is 0.21, suggesting a relatively low level of debt. Return on Equity (ROE) is 27.57%.

Overall, Solar Industries India's financial performance demonstrates strong growth in revenue and net profit, along with a series of corporate actions and dividend announcements. The stock is a constituent of the Nifty Midcap 150 index.