SOLARINDS:NSE-Solar Industries India Limited (INR)

COMMON STOCK | Specialty Chemicals | NSE

Last Closing Price

INR 3,302.95

Change

+139.80 (+4.42)%

Market Cap

INR 300.23B

Volume

0.18M

Avg Analyst Target

INR 3,305.00 (+0.06%)

Avg User Target

INR
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


SOLARINDS Stock Forecast & Price:
Based on the Solar Industries India Limited stock forecasts from 2 analysts, the average analyst target price for Solar Industries India Limited is INR 3,305.00 over the next 12 months. Solar Industries India Limited’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Solar Industries India Limited is Neutral, which is based on 7 positive signals and 6 negative signals. At the last closing, Solar Industries India Limited’s stock price was INR 3,302.95. Solar Industries India Limited’s stock price has changed by +5.35% over the past week, +24.85% over the past month and +90.46% over the last year.

About Solar Industries India Limited (SOLARINDS:NSE)

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. It offers industrial explosives, such as packaged and bulk explosives; and initiating system ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-08-16 )

Largest Industry Peers for Specialty Chemicals

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
ASIANPAINT:NSE Asian Paints Limited

+73.15 (+2.13%)

INR3,352.30B 96.36 56.80
PIDILITIND:NSE Pidilite Industries Limited

+43.25 (+1.65%)

INR1,343.54B 100.92 64.29
SRF:NSE SRF Limited

+55.40 (+2.27%)

INR723.57B 34.42 21.44
BERGEPAINT:NSE Berger Paints (I) Limited

+3.75 (+0.55%)

INR664.06B 70.26 42.33
AARTIIND:NSE Aarti Industries Limited

+13.90 (+1.70%)

INR299.86B 22.52 15.78
LINDEINDIA:NSE Linde India Limited

-101.45 (-2.92%)

INR296.18B 80.12 49.03
ATUL:NSE Atul Limited

+89.45 (+0.97%)

INR273.12B 46.15 26.82
KANSAINER:NSE Kansai Nerolac Paints Limited

+5.35 (+1.08%)

INR271.08B 67.61 36.32
VINATIORGA:NSE Vinati Organics Limited

+7.35 (+0.33%)

INR226.73B 62.42 43.01
FINEORG:NSE Fine Organic Industries Limite..

-7.95 (-0.13%)

INR190.22B 52.07 34.84

ETFs Containing SOLARINDS

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Specialty Chemicals)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 36.40% 88% B+ 90% A-
Dividend Return 0.31% 35% F 19% F
Total Return 36.71% 88% B+ 90% A-
Trailing 12 Months  
Capital Gain 94.24% 92% A- 92% A-
Dividend Return 0.79% 54% F 44% F
Total Return 95.03% 90% A- 92% A-
Trailing 5 Years  
Capital Gain 280.90% 83% B 91% A-
Dividend Return 3.75% 41% F 51% F
Total Return 284.65% 83% B 91% A-
Average Annual (5 Year Horizon)  
Capital Gain 31.00% 59% F 69% D+
Dividend Return 0.59% 49% F 45% F
Total Return 31.58% 60% D- 69% D+
Risk Return Profile  
Volatility (Standard Deviation) 48.97% 58% F 58% F
Risk Adjusted Return 64.49% 78% C+ 85% B
Market Capitalization 300.23B 96% A 91% A-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Specialty Chemicals)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 58.41 17% F 16% F
Price/Book Ratio 14.95 8% F 5% F
Price / Cash Flow Ratio 100.82 17% F 7% F
EV/EBITDA 33.32 18% F 12% F
Management Effectiveness  
Return on Equity 24.91% 79% C+ 86% B
Return on Invested Capital 19.49% 71% C- 85% B
Return on Assets 12.52% 82% B- 90% A-
Debt to Equity Ratio 22.77% 23% F 39% F
Technical Ratios  
Dividend Yield 0.24% 23% F 14% F
Short Ratio N/A N/A N/A N/A N/A
Short Percent N/A N/A N/A N/A N/A
Beta 0.13 96% A 95% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (INR)

Quarterly Financials (INR)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

No discussions yet

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.