Solar Industries India Limited
SOLARINDS
Rank in Stocks
#1167
Solar Industries India Limited, through its subsidiaries, is a global producer... Solar Industries India Limited, through its subsidiaries, is a global producer and distributor of industrial explosives and their associated initiating devices. Its extensive product line features industrial explosives, available in both packaged and bulk formats, as well as a comprehensive array of initiating systems. These include electronic, non-electric, electric, and plain detonators, along with cord relays, cast boosters, detonating cords, and aluminum elemented det products. The company also manufactures a wide range of defense solutions, such as unmanned aerial systems (UAS) and various drones, ammunition, military-grade explosives, bombs, warheads, rockets, and drones armed with guided missiles. Additionally, it supplies counter-drone technologies and specialized initiating systems and pyrotechnics like fuzes, detonators, ignitors, decoys, flares, and riot control devices. Primarily serving the mining, defense, and infrastructure sectors, Solar Industries India Limited was founded in 1983. Based in Nagpur, India, the company was formerly known as Solar Explosives Limited before adopting its current name in February 2009.
Share Price
$218.54
Last synced: 2026-10-19
Market Cap
$19.78B
Change (1 day)
-0.79%
Change (1 year)
36.37%
Country
IN
Trade Solar Industries India Limited (SOLARINDS)
Category
Basic Materials
P/S ratio for Solar Industries India Limited (SOLARINDS)
P/S ratio as of October 2026 TTM: 15.93
According to Solar Industries India Limited latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 15.93. At the end of 2024 the company had a P/S ratio of 13.01.
P/S ratio history for Solar Industries India Limited from 2005 to 2026
P/S ratio at the end of each year
| Year | P/S Ratio | Change |
|---|---|---|
| 2026 (TTM) | 15.93 | 19.23% |
| 2025 | 13.36 | 2.69% |
| 2024 | 13.01 | 162.42% |
| 2023 | 4.96 | -22.66% |
| 2022 | 6.41 | 38.94% |
| 2021 | 4.61 | 24.78% |
| 2020 | 3.70 | -5.44% |
| 2019 | 3.91 | -22.44% |
| 2018 | 5.04 | 11.69% |
| 2017 | 4.51 | 4.48% |
| 2016 | 4.32 | -5.15% |
| 2015 | 4.56 | 222.98% |
| 2014 | 1.41 | -13.33% |
| 2013 | 1.63 | 8.29% |
| 2012 | 1.50 | 7.50% |
| 2011 | 1.40 | 4.23% |
| 2010 | 1.34 | 74.01% |
| 2009 | 0.77 | -42.40% |
| 2008 | 1.34 | -26.64% |
| 2007 | 1.82 | -27.53% |
| 2006 | 2.52 | -23.08% |
| 2005 | 3.27 | 0.00% |
P/S ratio for similar companies or competitors
| Company | P/S Ratio | P/S Ratio Difference | Country |
|---|---|---|---|
| 6.41 | -59.78% |
GB
|
|
| - | - |
FR
|
|
| 3.23 | -79.74% |
US
|
|
| 4.79 | -69.93% |
US
|
|
| 5.17 | -67.55% |
US
|
