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HomePRICE TARGETSolar Industries India Share Price Target 2023, 2024, 2025, 2027, 2030

Solar Industries India Share Price Target 2023, 2024, 2025, 2027, 2030

Solar Company

Solar Industries India Share Price Target: Hello, and welcome to this article. Today, we’ll review Solar Industries India’s operations, how it earns profits, potential growth areas and all sorts of information regarding this business to gain a better understanding of the trend in price targets of Solar Industries India shares.

In addition, after analysing the company’s stock, we will share the results with you, so that you will have an ideas about this stock.

The company has good growth potential, and it is a great investment option for the long term. This article will discuss Solar Industries India Share Price Target 2023, 2024, 2025, 2027, 2030.

Before dive into Solar Industries India stock price targets let’s look at the Solar Industries India company background, the technical basics, fundamental analysis, shareholders, future potential etc.

It will help you in making a final decision about your next investment. However, first, let’s examine company history and its complete business structure.

More Information About Solar Industries India Ltd.

Solar Industries India Ltd. is one of the leading manufacturers of explosives and accessories for explosives in India. 

The company was established around 1995, by Satyanarayan Nuwal who was previously employed in the field of explosives for more than two years. 

The company was initially one manufacturing facility within Nagpur, Maharashtra, and has since grown to several sites throughout India. 

Solar Industries India Ltd. offers a wide range of products, which include explosives for mining defense, infrastructure, and projects along with boosters, detonators, and safety fuse. 

The company is committed in research and development and has invested a significant amount in the advancement of new technologies and innovating.

Presently, Solar Industries India Ltd. is a well-known name in the industry of explosives and is present in more than 50 countries around the world.

If we look at the capacity of manufacturing for the company, it owns 29 manufacturing plants across nine states across the country. 

The firm’s Nagpur facility is the world’s biggest packaging explosives plant. Additionally the company also operates six manufacturing facilities in other countries.

The business of the company is distributed across 52+ countries other than India and it is able to earn 44 percent of its income through exports. Let’s discuss what’s the financial situation of the business?

If we review of the financial health of the business, over the past five years, the sales of the business have increased from 2000 crore to over 6300 crore, with 20% growth in Compounded Sales and its net income of business remains at an impressive OPM of 20 percent. 

In the process, the company’s net profit has increased from the 240 crore mark to the 765 crore.

When we look at the company’s debts currently, the company owes of Rs 1200 crore , however, the company has cash reserves of 2170 crore. In light of this, we could consider the company to be almost debt-free.

fundamentals of Solar Industries India Ltd.

Let’s look at the fundamental principles that are used in Solar Industries India, based on which we’ll be capable of gaining an understanding of the skills and skills in this Chemicals industry.

  • Current Market Cap: The market cap for Solar Industries India is ₹ 48,097 Cr.
  • P/E Ratio: At present, the price-to-earnings ratio of Solar Industries India is 61.3
  • Sales Growth: Growth rate of sales over the past season for Solar Industries India is 56.92 percent.
  • Profit Growth: The growth of profits was around 58.11 percent over the past one year.
  • Current Price ₹ 5,309
  • High / Low ₹ 5,440 / 3,453
  • Book Value ₹ 288
  • Dividend Yield 0.15 %
  • ROCE 34.7 %
  • ROE 33.4 %
  • Face Value ₹ 2.00
  • Price to book value 18.4
  • Price to Earning 61.3
  • OPM 19.0 %
  • EPS ₹ 86.7
  • Debt ₹ 1,195 Cr.
  • Debt to equity 0.46
  • Return on equity 33.4 %
  • Return on assets 19.0 %

Solar Industries India ShareHolding Pattern

If we look at Solar Industries India Share Holding Pattern The promoter’s holding in Solar Industries India is 73.15 percent and the public holding is 5.67 percent. 

FIIS holdings within Solar Industries India is 6.72 percent, as well DIIS the holdings are 14.46 percent.

The promoter’s holding in the company is satisfactory and the financial state of the business also seems to be very good. 

Let’s now look at the possibilities for the growth of the business of the company in the coming years and what will be expected in the near future of Solar Industries India Share Price Target 2023, 2024, 2025, 2027 and 2030.

Solar Industries India Share Price Target 2023

Solar Industries India Limited is an extremely solid and financially sound firm and the demand for its explosive products is growing in a variety of sectors, from mining to real estate and housing and defense. 

Because of this, Solar Industries India Limited is experiencing an increase of 84% in sales, with 20 percent OPM.

In the wake of a significant increase in the net profits of the business The earnings per share of the company have been increased from Rs 48 to 80. This has resulted in seen a substantial increase in the stock of the company. 

Because of the growing demand for the products of the company it is possible of a significant increase in sales for the company in the coming years. 

This is why Solar Industries India Share Price Target is likely to continue rising up to a high value of Rs. 4500-5400 by 2023.

Solar Industries India Share Price Target 2024

This company is among the biggest manufacturer and distributor of cartridge and bulk explosives, detonators and detonating cords and other components. 

The products of the company are used in the mining industry, as well as infrastructure and in construction.

In addition it also entered the defense industry in 2010. It began producing propellants for rockets, missiles as well as explosives, weapons and weapons.

It is also worth noting that the Indian Army has also successfully test-driven six Pinaka rockets made from the firm. It is for the very first time an unofficial company has been utilized in the Army.

The Solar Industries India Share Price Target can be expected in 2024 within the range of Rs. 5800-6500.

Solar Industries India Share Price Target 2025

The business model of the company extends across 52 countries across India as well as abroad. The company also has signed the agreement of ISRO to help promote its operations. 

Additionally the company is investing in “Skyroot Aerospace” with which it will build Space launchers.

Presently, the principal customers of the company is Housing and Infrastructure, Coal India and Defense Ministry. The company holds an order books that is worth about 420 crores. This includes Coal India (535 crore), Defense Ministry (680 crore) and SSCL. 

The company is expected to increase its order book in the near future due to the development of infrastructure and the growing demand for its products within the Defense Ministry.

The Solar Industries India Share Price Target can be expected within the range of Rs. 6600-7000 by 2025.

Solar Industries India Share Price Target 2027

Due to the increased demand for its products the company appears to be looking at increasing the capacity of production that its items can be produced in the coming years and the management is also creating new manufacturing facilities in the near future.

The company could possibly also introduce innovative products into its range in the near future. 

The market for the company’s products is also rising within the Defense Ministry and at present the company is receiving 8percent of its revenue in that department.

Defense Ministry, a good increase is anticipated, as there is a requirement to produce explosive products. The companies are also receiving encouragement by their Government of India.

In the next few months the management of the company will reduce its debt as a result of a excellent OPM and will witness a substantial growth in the net profits of the business, as at the moment, the company pays an interest rate of Rs. 75 crore in relation to its loan. 

They have to pay. Due to the significant revenue growth of the company as well as the likelihood of a substantial net profits in the future.

Solar Industries India Share Price Target could be as ranging from approximately Rs 8800-9500 with market volatility in 2027.

Solar Industries India Share Price Target 2030

If we look at Solar Industries India Share Price Target over the long-term, the company is fundamentally and financially an excellent business. 

The percentage of people who promote within Solar Industries India is 73.15 percent, which is very high.

The company’s management appears to be making constant efforts to expand their business. As a result, the management has put in the sum of Rs. 155 crore in expanding its business into Australia in addition to Tanzania. 

The company is expanding its operations at a rapid rate in India as well as overseas and this is the reason why the company is able to see 44percent of their earnings in exports.

If we consider Solar Industries India Share Price Target 2030, then because of the solid business model of the company, and the growing popularity of its products, its stock will perform very well over the long-term.

What’s the future for solar industry in India?

The Indian solar sector has grown rapidly in the last few years and 2025 is anticipated to be a pivotal year for the industry. 

In light of the Indian government’s goal of reaching 100GW solar power in 2024, the sector is likely to see significant growth over the next years.

The Indian solar industry is anticipated to be a major source of investment by 2023 due to the government’s efforts to establish an environment that is favorable to renewable energy investment. 

With a growing focus on climate change and sustainability increasing desire among investors to finance solar-powered projects in India.

In conclusion it is clear that solar’s future for India appears promising, with a significant increase anticipated in the next few years. 

The solar sector is predicted to see an increase in capacity and growth in rooftop solar, an emphasis in energy storage and the adoption of floating solar and more investments in solar energy projects.

conclusion

This article is a complete guide to Solar Industries India Share Price Target, where you can find out what Solar Industries India is, its businesses, and Solar Industries India Share Price Target 2023, 2024, 2025, 2027, 2030.

Share price forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. Also, We have talked in detail about Solar Industries India’s future prospects and growth potential.

Hopefully, this information will help by having all the share price details of Solar Industries India so that you can consider investing in the future. If you have any questions, please contact us in the comment box.

We will be happy to answer any questions you may have. If you like this information, share the article with as many people as possible.

FAQ

What is the market capitalization of the business?

The market capitalization of the company at present is around 48,097 crore.

What are the ROE and the ROCE of the business?

Its ROE is 33.4 percent while the ROCE is 34.7 percent.

What’s the face value, book value and The P/E of this stock of the company?

The face value of share is Rs.2, the bookvalue price is 288. The P/E ratio for the company’s shares is 61.3.

What is the dividends yield of the company?

This company’s yield on dividends is 0.19 percent.

What amount is the company’s debt in the present?

The company is currently in debt of 1,195 crore. The company has an in-house cash reserve of 2170 crore.

Are Solar Industries a good share to purchase?

According to analyst advice, Solar Industries India Ltd has been given a “Buy” rating for the long-term.

Do solar industry has a bright future?

Over the last couple of years solar power has steadily increased in popularity, and it is predicted to increase. 

This rapid growth is fueled by a number of key aspects, such as the decrease in the price of solar panels. This has made harnessing solar energy more affordable than before.

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. Though this is just for informational purposes, We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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