Solar Industries India Ltd is a prominent Indian company that specializes in manufacturing explosives and providing solutions across the mining, infrastructure, and defense sectors. Established in 1995, Solar Industries has grown to become one of the world’s largest manufacturers of explosives, offering products such as industrial explosives, detonators, and propellants. As of January 18, 2025, Solar Industries India’s share price on the NSE is ₹9,730.00 INR. Below are the projected share price targets for 2025 to 2030.
Solar Industries India Share Price Target Tomorrow 2025, 2026, 2027, 2028, 2029 To 2030
Solar Industries India Share Price Target Tomorrow 2025 ₹13,300, 2026 ₹16,512, 2027 ₹19,573, 2028 ₹21,609, 2029 ₹23,303 To 2030 ₹26,669.
- Headquarters: India
- Number of employees: 1,886 (2024)
- Subsidiaries: Solar Defence Limited
Solar Industries India Share Price Target 2025 to 2030
| Year | Share Price Target (INR) |
|---|
| 2025 | ₹13,300 |
| 2026 | ₹16,512 |
| 2027 | ₹19,573 |
| 2028 | ₹21,609 |
| 2029 | ₹23,303 |
| 2030 | ₹26,669 |
| Category | Stock Market |
Solar Industries India Ltd: Market Overview
| Metric | Value |
|---|
| Open Price | ₹9,645.00 |
| High Price | ₹9,815.65 |
| Low Price | ₹9,540.00 |
| Previous Close | ₹9,635.15 |
| Volume | 95,797.00 |
| Value (Lacs) | ₹9,305.15 |
| VWAP | ₹9,730.09 |
| UC Limit | ₹11,562.15 |
| LC Limit | ₹7,708.15 |
| P/E Ratio | 89.15 |
| Dividend Yield | 0.085% |
| 52-week High | ₹13,298.00 |
| 52-week Low | ₹6,275.00 |
| Market Cap | ₹87,897 Cr |
| Face Value | ₹2 |
Solar Industries India Share Price Target for 2025: ₹13,300
The target for Solar Industries India’s share price in 2025 is expected to be ₹13,300. Key factors that could affect the company’s performance and share price in 2025 include:
- Raw Material Cost Fluctuations: Variations in the prices of raw materials, particularly ammonium nitrate, can lead to increased production costs, potentially squeezing profit margins and affecting the company’s financial performance.
- Regulatory and Environmental Compliance: Stricter regulations on explosives manufacturing and environmental safety standards could lead to higher compliance costs and operational hurdles.
- Dependence on Key Sectors: The company’s heavy reliance on the mining, infrastructure, and defense sectors makes it vulnerable to any downturns or policy changes in these industries.
- Geopolitical and Export Risks: As Solar Industries expands globally, it faces the risk of geopolitical tensions, trade restrictions, and currency fluctuations, all of which could affect its export revenues and profitability.
Solar Industries India Share Price Target 2026
| Year | Share Price Target (INR) |
| 2026 | ₹16,512 |
Solar Industries India Share Price Target 2027
| Year | Share Price Target (INR) |
| 2027 | ₹19,573 |
Solar Industries India Share Price Target 2028
| Year | Share Price Target (INR) |
| 2028 | ₹21,609 |
Solar Industries India Share Price Target 2029
| Year | Share Price Target (INR) |
| 2029 | ₹23,303 |
Solar Industries India Share Price Target for 2030: ₹26,669
The expected target for Solar Industries India’s share price by 2030 is ₹26,669. Factors influencing growth include:
- Evolving Global Defense Dynamics: As the company strengthens its presence in defense manufacturing, it remains sensitive to geopolitical changes and competition in the global defense sector, which could impact growth.
- Technological Advancements: Rapid advancements in explosives and defense technology may require significant investments in research and development. Failure to innovate and keep pace with technological changes could risk losing market share.
- Regulatory and Safety Risks: With tightening global regulations on explosives and environmental safety, Solar Industries must navigate compliance without incurring excessive costs, which could impact profitability.
- Market Dependence and Diversification Challenges: The company’s heavy dependence on specific sectors and export markets makes it vulnerable to industry downturns. Limited diversification could pose long-term risks.
Shareholding Pattern for Solar Industries India Ltd
| Shareholder Type | Percentage |
|---|
| Promoters | 73.15% |
| Mutual Funds | 11.71% |
| Foreign Institutional Investors (FII) | 7.53% |
| Retail and Others | 6.64% |
| Domestic Institutional Investors (DII) | 0.97% |
Solar Industries India Ltd Financials
| Metric | Amount (INR) | Year-over-Year Change |
|---|
| Revenue | ₹60.70B | -12.32% |
| Operating Expense | ₹14.05B | 10.44% |
| Net Income | ₹8.36B | 10.40% |
| Net Profit Margin | 13.77% | 25.87% |
| Earnings per Share | ₹92.38 | 10.40% |
| EBITDA | ₹15.52B | 12.27% |
| Effective Tax Rate | 24.63% | — |
What is the old name of Solar Industries India Ltd?
-Company name has been changed from Solar Explosives Ltd to Solar Industries India Ltd. – The Company has recommended the Final Dividend of 60% i.e. Rs. 6 per share on equity share of Rs. 10 each.
Who is the owner of Solar Industries India?
Satyanarayan Nandlal Nuwal is the owner of Solar Industries India. He founded the company in 1995.
Is Solar Industries a good buy?
Is Solar Industries India Ltd Share a good buy for the long term ? According to analyst recommendations, Solar Industries India Ltd Share has a “Buy” rating for the long term.
