Solar Industries India Limited

NSE-SOLARINDS
National Stock Exchange of India
Materials Specialty Chemicals
Global Rank
#1324
Country Rank
#50
Market Cap
18.93 B
Price
209.21
Change (%)
0.16%
Volume
153,630

Solar Industries India Limited's latest marketcap:

18.93 B

As of 08/18/2026, Solar Industries India Limited's market capitalization has reached $18.93 B. According to our data, Solar Industries India Limited is the 1324th most valuable company globally by market capitalization. Market capitalization, commonly referred to as market cap, represents the total market value of all outstanding shares of a publicly traded company and is often used as a measure of company value.

Market Cap 18.93 B
Revenue (ttm) 1.19 B
Net Income (ttm) 208.31 M
Shares Out 90.49 M
EPS (ttm) 2.3
Forward PE 70.76
Ex-Dividend Date 07/28/2026
Earnings Date 08/13/2026
Market Cap Chart
Data Updated: 08/18/2026

Solar Industries India Limited's yearly market capitalization.

Solar Industries India Limited has seen its market value grow from ₹48.8 B to ₹1.81 T since 2014, representing a total increase of 3,608.65% and an annual compound growth rate (CAGR) of 36.43%.
Date Market Cap(₹) Market Cap(USD) Change (%) Global Rank
08/18/2026 ₹1.81 T $18.93 B 41.01% 1324
12/31/2025 ₹1.11 T $12.37 B 25.23% 1112
12/31/2024 ₹885.29 B $10.34 B 45.42% 1675
12/29/2023 ₹608.77 B $7.32 B 53.44% 2108
12/30/2022 ₹396.76 B $4.79 B 81.06% 2785
12/31/2021 ₹219.13 B $2.94 B 121.36% 4791
12/31/2020 ₹98.99 B $1.35 B 3.17% 6675
12/31/2019 ₹95.95 B $1.34 B -2.59% 5769
12/31/2018 ₹98.5 B $1.42 B -7.77% 4980
12/29/2017 ₹106.79 B $1.67 B 74.86% 5154

Company Profile

About Solar Industries India Limited

Solar Industries India Limited, along with its subsidiaries, specializes in the production and distribution of industrial explosives and explosive initiating devices. The company operates both in India and internationally.

Core Offerings

  • Industrial Explosives: Bulk and packaged explosives.
  • Initiating Systems: Electronic, electric, non-electric, and plain detonators, as well as cord relays, cast boosters, detonating cords, and aluminum elemented det products.
  • Defense Products: Unmanned aerial systems (UAS), drones, ammunitions, military explosives, bombs, warheads, rockets, and armed drones with guided missiles.
  • Counter Drone Systems: Advanced solutions for drone detection and neutralization.
  • Pyros & Initiating Systems: Fuzes, detonators, ignitors, decoys, flares, and riot control devices.

Applications

The company's products serve critical sectors including:

  • Mining
  • Infrastructure
  • Construction
  • Defense
  • Space

Company Background

Founded in 1983 and headquartered in Nagpur, India, Solar Industries India Limited was originally named Solar Explosives Limited before rebranding in February 2009.

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