Solar Industries Share Price Target 2025: Solar Industries India Ltd. is a renowned name in the explosives and defense manufacturing sector, with a growing footprint in the renewable energy space. Investors and market analysts are keeping a close watch on the stock due to its consistent performance and increasing demand in sectors like defense and mining. This article provides an in-depth analysis of Solar Industries share price target 2025 and forecasts for the years 2026, 2027, 2028, 2029, 2030, 2040, and 2050.
Company Overview: Solar Industries India Ltd.
Founded in 1995, Solar Industries India Ltd. is a Nagpur-based company that began as an industrial explosives manufacturer and later diversified into defense, aerospace, and renewable sectors. With clients across 65+ countries, it is the largest manufacturer of industrial explosives in India and a rising player in the defense export ecosystem.
Key Highlights:
- Headquarters: Nagpur, Maharashtra
- Founded: 1995
- Chairman: Shri Satyanarayan Nandlal Nuwal
- Segments: Industrial Explosives, Defense, Propellants, Solar Power
- Global Presence: 65+ countries including major markets in Africa and the Middle East
Solar Industries Profit & Loss
Source: Screener
|
|
Mar-20 | Mar-21 | Mar-22 | Mar-23 | Mar-24 | TTM |
| Sales + | 2,237 | 2,516 | 3,948 | 6,918 | 6,070 | 6,984 |
| Expenses + | 1,803 | 2,001 | 3,199 | 5,582 | 4,588 | 5,210 |
| Operating Profit | 434 | 515 | 748 | 1,336 | 1,482 | 1,774 |
| OPM % | 19% | 20% | 19% | 19% | 24% | 25% |
| Other Income + | 41 | 21 | 19 | -16 | -68 | 93 |
| Interest | 55 | 45 | 50 | 90 | 109 | 119 |
| Depreciation | 85 | 94 | 109 | 128 | 143 | 168 |
| Profit before tax | 336 | 397 | 607 | 1,102 | 1,161 | 1,580 |
| Tax % | 17% | 27% | 25% | 26% | 25% | |
| Net Profit + | 279 | 288 | 455 | 811 | 875 | 1,185 |
| EPS in Rs | 29.55 | 30.54 | 48.77 | 83.68 | 92.38 | 124.03 |
| Dividend Payout % | 20% | 20% | 15% | 10% | 9% |
Solar Industries Balance Sheet
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|
Mar-20 | Mar-21 | Mar-22 | Mar-23 | Mar-24 | Sep-24 |
| Equity Capital | 18 | 18 | 18 | 18 | 18 | 18 |
| Reserves | 1,362 | 1,561 | 1,896 | 2,592 | 3,288 | 3,776 |
| Borrowings + | 708 | 808 | 888 | 1,195 | 1,138 | 1,198 |
| Other Liabilities + | 393 | 572 | 827 | 1,104 | 1,134 | 1,685 |
| Total Liabilities | 2,481 | 2,959 | 3,629 | 4,909 | 5,577 | 6,678 |
| Fixed Assets + | 1,209 | 1,288 | 1,493 | 1,702 | 2,028 | 2,336 |
| CWIP | 165 | 293 | 230 | 282 | 490 | 560 |
| Investments | 2 | 1 | 18 | 99 | 370 | 192 |
| Other Assets + | 1,105 | 1,378 | 1,888 | 2,826 | 2,690 | 3,589 |
| Total Assets | 2,481 | 2,959 | 3,629 | 4,909 | 5,577 | 6,678 |
SWOT Analysis of Solar Industries India Ltd.
Strengths:
- Market leader in industrial explosives and defense ammunition.
- Strong financials and consistent profit growth.
- High Return on Equity (ROE) and Return on Capital Employed (ROCE).
- Expanding global footprint and strong export base.
- Strategic alignment with India’s “Make in India” and “Atmanirbhar Bharat” initiatives.
Weaknesses:
- Heavy dependence on government contracts and defense approvals.
- Low dividend yield compared to other large-cap stocks.
- Limited presence in the retail solar energy market despite its name.
Opportunities:
- Growing defense budget and modernization initiatives in India.
- Increasing global demand for propellants and ammunition.
- Entry into clean energy sectors and expansion in renewable verticals.
Threats:
- Regulatory and political risks in defense exports.
- Rising competition in explosives and solar segments.
- Supply chain disruptions and raw material price volatility.
Current Status of Solar Industries Share Price Target 2025
As of May 2025, Solar Industries (NSE: SOLARINDS) is trading around ₹13,730.00. The stock has delivered over 40% return in 2025, making it one of the top performers in its sector.
Key Metrics:
- Market Cap: ₹1.24 Lakh Crore
- P/E Ratio: 111
- ROCE: 32.5%
- ROE: 30.9%
- Dividend Yield: 0.06%
These figures reflect strong financial health and investor confidence.
Solar Industries Share Price Target 2025
According to experts like Motilal Oswal and ICICI Securities, the solar industries share price target 2025 ranges from ₹12,500 to ₹16,000. The most bullish case scenario sees the stock hitting the upper limit due to defense order inflows and export expansion.
Solar Industries Share Price Target 2025
For the year 2025, Solar Industries’ share price is expected to reach between ₹15,500 and ₹16,000. This represents a growth of approximately 12% to 16% from current levels. Positive factors such as defense order inflows and export expansion are likely to drive this price target.
Solar Industries Share Price Target 2026
In 2026, the share price is projected to increase further, reaching between ₹17,500 and ₹18,200. This would reflect an expected growth rate of 10% to 13%, supported by steady financial performance and continued market demand.
Solar Industries Share Price Target 2027
The forecast for 2027 estimates the share price to climb to the range of ₹20,000 to ₹22,000. This marks a significant growth potential of 12% to 18%, driven by expanding defense contracts and export opportunities.
Solar Industries Share Price Target 2028
For 2028, the target price is anticipated to be between ₹23,500 and ₹25,000. This suggests a growth rate of around 10% to 15%, fueled by ongoing modernization initiatives and increased global demand.
Solar Industries Share Price Target 2029
By 2029, Solar Industries’ share price could reach between ₹27,000 and ₹29,000. This reflects a strong growth expectation of 15% to 18%, as the company consolidates its market leadership and expands its product portfolio.
Solar Industries Share Price Target 2030
Looking ahead to 2030, the price target is forecasted between ₹31,000 and ₹34,000. This anticipated 14% to 17% growth is based on continued government support and the company’s strategic expansion plans.
Solar Industries Share Price Target 2040
A decade later, in 2040, the share price could potentially exceed ₹80,000. This represents a phenomenal growth of over 250%, assuming the company maintains its growth trajectory and capitalizes on emerging market opportunities.
Solar Industries Share Price Target 2050
By 2050, long-term projections suggest Solar Industries’ share price may surpass ₹1,50,000, marking an incredible growth of more than 500%. This milestone would be driven by sustained innovation, diversification, and expanding global presence.
Yearly Share Price Predictions
Here are the projected targets based on trend analysis, expert views, and historical performance:
| Year | Target Price (INR) | Expected Growth |
|---|---|---|
| 2025 | 15,500 – 16,000 | 12% – 16% |
| 2026 | 17,500 – 18,200 | 10% – 13% |
| 2027 | 20,000 – 22,000 | 12% – 18% |
| 2028 | 23,500 – 25,000 | 10% – 15% |
| 2029 | 27,000 – 29,000 | 15% – 18% |
| 2030 | 31,000 – 34,000 | 14% – 17% |
| 2040 | 80,000+ | 250%+ |
| 2050 | 1,50,000+ | 500%+ |
These projections depend on consistent profit growth, government policies, and global defense contracts.
Why Is Solar Energy Stock Dropping Occasionally?
Despite its overall growth, investors might wonder, “Why is solar energy stock dropping?”. The reasons include:
- Short-term profit booking
- Regulatory changes in defense or energy policies
- Global raw material cost fluctuations
However, these are temporary issues, and the long-term trajectory remains bullish.
Solar Industries Share Price Target 2025 History
If we look at solar industries share price history, the stock has grown from under ₹500 in 2010 to over ₹13,000 in 2025. This exponential rise shows:
- Stable financial growth
- Aggressive expansion in defense and export markets
- Government initiatives boosting Make in India
Final Thoughts: Is Solar Industries a Good Investment?
Given its strong fundamentals, leadership in defense manufacturing, and continued global expansion, Solar Industries seems like a solid long-term bet. The solar industries share price target for 2025 and beyond indicates consistent growth, backed by data.
However, always perform your own research and consult a financial advisor before making investment decisions.
Frequently Asked Questions (FAQs)
Q1: What is the Solar Industries share price target 2025?
A1: The share price target for Solar Industries in 2025 is estimated between ₹15,500 and ₹16,000, driven by strong defense orders and export growth.
Q2: Why is the Solar Industries share price expected to grow significantly by 2050?
A2: The long-term growth projection of over ₹1,50,000 by 2050 is based on the company’s expansion in defense, industrial explosives, and potential diversification into renewable energy sectors, backed by government support and global demand.
Q3: What factors influence the fluctuations in Solar Industries’ stock price?
A3: Key factors include government defense budget allocations, export market dynamics, raw material prices, regulatory changes, and broader economic conditions.
Q4: Can I find Solar Industries’ share price target reports in Hindi?
A4: Yes, many brokerage firms and financial websites provide share price target reports and analysis in Hindi, catering to Indian investors.
Q5: Where can I download a PDF report of Solar Industries share price target 2025?
A5: Detailed PDF reports are available on platforms like Motilal Oswal, ICICI Direct, and Moneycontrol for registered users.
Q6: Why is the Solar energy stock sometimes dropping despite growth prospects?
A6: Short-term stock price drops can occur due to profit booking, market corrections, regulatory updates, or supply chain disruptions but generally do not affect the long-term positive outlook.
Disclaimer
The information provided in this article is for educational and informational purposes only. It should not be considered as investment advice or a recommendation to buy, sell, or hold any stock or financial instrument. The views and analysis expressed are based on publicly available data and market trends as of the time of writing. Stock markets are subject to high risks and volatility, and past performance is not indicative of future results. Readers are advised to conduct their own research and consult with a certified financial advisor before making any investment decisions. The author and the website do not assume any liability for financial losses incurred based on the content of this article.
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