During today’s trading session, Solar Industries India shares experienced a decline, falling by 2.10% to a price of Rs 13730.00. This downturn has positioned the stock among the top losers within the NIFTY MIDCAP 150 index.
This performance is particularly notable considering a recent sentiment analysis by Moneycontrol, which conveyed a very bullish outlook for Solar Industries India as of May 19, 2025. Despite this positive sentiment, the stock is currently facing selling pressure.
Financial Performance
An examination of Solar Industries India’s financial performance provides insights into the company’s recent growth and profitability trends.
Quarterly Performance (Consolidated):
| Period | Revenue (Cr) | Net Profit (Cr) | EPS |
|---|---|---|---|
| Dec 2023 | Rs 1,429.14 | Rs 223.27 | 22.47 |
| Mar 2024 | Rs 1,610.71 | Rs 240.15 | 25.98 |
| Jun 2024 | Rs 1,694.78 | Rs 298.47 | 31.66 |
| Sep 2024 | Rs 1,715.83 | Rs 298.68 | 31.59 |
| Dec 2024 | Rs 1,973.08 | Rs 336.54 | 34.80 |
The company has consistently grown its revenue and net profit over the last five quarters. Revenue increased from Rs 1,429.14 Cr in December 2023 to Rs 1,973.08 Cr in December 2024. Net profit also rose from Rs 223.27 Cr to Rs 336.54 Cr during the same period. Earnings per share (EPS) followed suit, climbing from 22.47 to 34.80.
Annual Performance (Consolidated):
| Year | Revenue (Cr) | Net Profit (Cr) | EPS | BVPS | ROE | Debt to Equity |
|---|---|---|---|---|---|---|
| 2020 | Rs 2,237.30 | Rs 278.67 | 29.55 | 158.19 | 19.37 | 0.44 |
| 2021 | Rs 2,515.63 | Rs 288.07 | 30.54 | 181.45 | 17.49 | 0.40 |
| 2022 | Rs 3,947.61 | Rs 455.47 | 48.77 | 222.64 | 23.05 | 0.45 |
| 2023 | Rs 6,922.53 | Rs 811.44 | 83.68 | 303.94 | 29.00 | 0.45 |
| 2024 | Rs 6,069.52 | Rs 874.88 | 92.38 | 378.70 | 25.28 | 0.33 |
Over the past five years, Solar Industries India has shown significant growth. Revenue increased from Rs 2,237.30 Cr in 2020 to Rs 6,069.52 Cr in 2024. Net profit also saw a considerable rise, from Rs 278.67 Cr to Rs 874.88 Cr during the same period. Earnings Per Share (EPS) has increased from Rs 29.55 to Rs 92.38.
Cash Flow Analysis
The company’s cash flow from operating activities has generally been positive over the last five years. The cash flow stood at Rs 1,406 Cr as of March 2024.
Despite the prevailing bullish sentiment, Solar Industries India is currently trading with a decline. The company’s robust financial performance suggests a strong underlying foundation. Investors may be closely monitoring the stock’s movements in response to broader market dynamics and specific industry factors.
With a current price of Rs 13730.00, Solar Industries India experienced a downturn in today’s trading session, as its shares fell by 2.10%.