Shares of Solar Industries India gained 2.04% to trade at Rs 14076.00 on Monday at 12:11 pm. The stock is among the gainers on the Nifty Midcap 150 index.
On the financial front, Solar Industries India has demonstrated consistent growth in both quarterly and annual results. The company's consolidated quarterly revenue has increased steadily, with the latest figure for the quarter-ending June 2025 at Rs 2,154.45 Crore. This is an increase compared to Rs 1,694.78 Crore in June 2024. Similarly, the net profit has risen from Rs 298.47 Crore in June 2024 to Rs 352.56 Crore in June 2025. The EPS has also seen an upward trend, moving from Rs 31.66 to Rs 37.43 over the same period.
Looking at the consolidated annual figures, Solar Industries India has shown substantial growth over the years. Revenue has increased from Rs 2,515.63 Crore in 2021 to Rs 7,540.26 Crore in 2025. The net profit has grown from Rs 288.07 Crore in 2021 to Rs 1,282.38 Crore in 2025. The EPS has also risen significantly from Rs 30.54 to Rs 133.65 during the same period. The BVPS has increased from Rs 181.45 in 2021 to Rs 484.68 in 2025.
| Heading | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 2,515.63 Crore | Rs 3,947.61 Crore | Rs 6,922.53 Crore | Rs 6,069.52 Crore | Rs 7,540.26 Crore |
| Net Profit | Rs 288.07 Crore | Rs 455.47 Crore | Rs 811.44 Crore | Rs 874.88 Crore | Rs 1,282.38 Crore |
| EPS | 30.54 | 48.77 | 83.68 | 92.38 | 133.65 |
| BVPS | 181.45 | 222.64 | 303.94 | 378.70 | 484.68 |
| ROE | 17.49 | 23.05 | 29.00 | 25.28 | 27.57 |
| Debt to Equity | 0.40 | 0.45 | 0.45 | 0.33 | 0.21 |
The annual income statement shows consistent growth. Sales have increased from Rs 2,515 Crore in March 2021 to Rs 7,540 Crore in March 2025. Total income has risen from Rs 2,537 Crore to Rs 7,611 Crore. The Earnings Before Interest and Taxes (EBIT) has grown from Rs 442 Crore to Rs 1,849 Crore. Net profit has also increased substantially from Rs 288 Crore to Rs 1,282 Crore over the same period. The company’s debt to equity ratio has improved from 0.40 in March 2021 to 0.21 in March 2025.
| Particulars | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
| Sales | Rs 7,540 Crore | Rs 6,069 Crore | Rs 6,922 Crore | Rs 3,947 Crore | Rs 2,515 Crore |
| Other Income | Rs 70 Crore | Rs 44 Crore | Rs 31 Crore | Rs 19 Crore | Rs 21 Crore |
| Total Income | Rs 7,611 Crore | Rs 6,113 Crore | Rs 6,954 Crore | Rs 3,967 Crore | Rs 2,537 Crore |
| Total Expenditure | Rs 5,761 Crore | Rs 4,843 Crore | Rs 5,761 Crore | Rs 3,250 Crore | Rs 2,094 Crore |
| EBIT | Rs 1,849 Crore | Rs 1,270 Crore | Rs 1,192 Crore | Rs 716 Crore | Rs 442 Crore |
| Interest | Rs 116 Crore | Rs 109 Crore | Rs 90 Crore | Rs 109 Crore | Rs 45 Crore |
| Tax | Rs 450 Crore | Rs 286 Crore | Rs 290 Crore | Rs 151 Crore | Rs 109 Crore |
| Net Profit | Rs 1,282 Crore | Rs 874 Crore | Rs 811 Crore | Rs 455 Crore | Rs 288 Crore |
The company announced a final dividend of Rs 10 per share on May 20, 2025, with an effective date of July 8, 2025. Prior to this, dividends of Rs 8.50, Rs 8.00, Rs 7.50 and Rs 6.00 were announced in the years 2024, 2023, 2022 and 2021 respectively. The company had a stock split on July 13, 2016, where the face value changed from Rs 10 to Rs 2.
With the stock currently trading at Rs 14076.00, Solar Industries India shows a positive momentum, driven by strong financial performance and dividend announcements.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
