Solar Industries India Limited Market Cap ($19.23 Billion)
Market Cap & Net Worth: Solar Industries India Limited (SOLARINDS)
Solar Industries India Limited market cap. Solar Industries India Limited (NSE:SOLARINDS) has a market capitalization of $19.23 Billion (Rs1.78 Trillion) as of November 5, 2026. Listed on the NSE stock exchange, this India-based company holds position #1291 globally and #38 in its home market, demonstrating a 5.20% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Solar Industries India Limited's stock price Rs19654.00 by its total outstanding shares 90490055 (90.49 Million). Also see Solar Industries India Limited cash flow conversion for how efficiently the company converts equity into cash flow.
Solar Industries India Limited Market Cap History (2015–2026)
Solar Industries India Limited market cap history from 2015 to 2026. Data shows growth from $662.47 Million to $19.23 Billion (36.17% CAGR). Check Solar Industries India Limited stock price for real-time trading data and today's change.
Index Memberships
Solar Industries India Limited is a constituent of 6 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NIFTY MIDCAP 100
NIFMDCP100
|
$497.09 Billion | 3.87% | #1 of 100 |
|
NIFTY 200
NIFTY200
|
$2.46 Trillion | 0.78% | #36 of 200 |
|
NIFTY 500
NIFTY500
|
$3.02 Trillion | 0.64% | #36 of 500 |
|
NIFTY MIDCAP 150
NIFTYMIDCAP150
|
$662.84 Billion | 2.90% | #1 of 150 |
|
NIFTY MIDSMALLCAP 400
NIFTYMIDSML400
|
$1.09 Trillion | 1.77% | #2 of 400 |
|
NIFTY TOTAL MARKET
NIFTYTOTALMKT
|
$3.10 Trillion | 0.62% | #37 of 750 |
Weight: Solar Industries India Limited's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Solar Industries India Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Solar Industries India Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Explore net asset growth rate of Solar Industries India Limited to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
0.20x
Solar Industries India Limited's market cap is 0.20 times its annual revenue
Latest Price to Earnings (P/E) Ratio
1.15x
Solar Industries India Limited's market cap is 1.15 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2017 | $1.12 Billion | $15.80 Billion | $1.85 Billion | 0.07x | 0.61x |
| 2018 | $1.04 Billion | $19.16 Billion | $2.21 Billion | 0.05x | 0.47x |
| 2019 | $1.02 Billion | $24.62 Billion | $2.62 Billion | 0.04x | 0.39x |
| 2020 | $1.06 Billion | $22.37 Billion | $2.67 Billion | 0.05x | 0.40x |
| 2021 | $2.36 Billion | $25.16 Billion | $2.76 Billion | 0.09x | 0.85x |
| 2022 | $4.28 Billion | $39.48 Billion | $4.41 Billion | 0.11x | 0.97x |
| 2023 | $6.58 Billion | $69.23 Billion | $7.57 Billion | 0.10x | 0.87x |
| 2024 | $9.57 Billion | $60.70 Billion | $8.36 Billion | 0.16x | 1.15x |
| 2025 | $11.99 Billion | $75.40 Billion | $12.09 Billion | 0.16x | 0.99x |
| 2026 | $19.23 Billion | $98.38 Billion | $16.78 Billion | 0.20x | 1.15x |
Competitor Companies of SOLARINDS by Market Capitalization
Companies near Solar Industries India Limited in the global market cap rankings as of November 5, 2026. Also see balance sheet size of Solar Industries India Limited for a full breakdown of the balance sheet.
Key companies related to Solar Industries India Limited by market ranking:
- Linde plc Ordinary Shares (NASDAQ:LIN): Ranked #95 globally with a market cap of $215.12 Billion USD.
- AIR LIQUIDE ADR 1/5/EO 11 (F:AILA): Ranked #242 globally with a market cap of $103.86 Billion USD ( €88.84 Billion EUR).
- Air Liquide SA (PA:AI): Ranked #253 globally with a market cap of $101.06 Billion USD ( €86.44 Billion EUR).
- Sherwin-Williams Co (NYSE:SHW): Ranked #319 globally with a market cap of $84.50 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #95 | Linde plc Ordinary Shares | NASDAQ:LIN | $215.12 Billion | $511.55 |
| #242 | AIR LIQUIDE ADR 1/5/EO 11 | F:AILA | $103.86 Billion | €36.60 |
| #253 | Air Liquide SA | PA:AI | $101.06 Billion | €182.56 |
| #319 | Sherwin-Williams Co | NYSE:SHW | $84.50 Billion | $340.87 |
Market Capitalization of Solar Industries India Limited (2015–2026)
Market capitalization of Solar Industries India Limited from 2015 to today. Between 2015 and today, Solar Industries India Limited's market cap moved from $662.47 Million to $ 19.23 Billion, with a yearly change of 36.17%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Rs19.23 Billion | +60.41% |
| 2025 | Rs11.99 Billion | +25.23% |
| 2024 | Rs9.57 Billion | +45.53% |
| 2023 | Rs6.58 Billion | +53.75% |
| 2022 | Rs4.28 Billion | +81.60% |
| 2021 | Rs2.36 Billion | +122.14% |
| 2020 | Rs1.06 Billion | +3.74% |
| 2019 | Rs1.02 Billion | -2.00% |
| 2018 | Rs1.04 Billion | -7.26% |
| 2017 | Rs1.12 Billion | +76.54% |
| 2016 | Rs637.23 Million | -3.81% |
| 2015 | Rs662.47 Million | -- |
End of Day Market Cap According to Different Sources
On Nov 4th, 2026 the market cap of Solar Industries India Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $19.23 Billion USD |
| MoneyControl | $19.23 Billion USD |
| MarketWatch | $19.23 Billion USD |
| marketcap.company | $19.23 Billion USD |
| Reuters | $19.23 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Solar Industries India Limited
Solar Industries India Limited, together with its subsidiaries, manufactures and sells industrial explosives, explosive initiating devices, and high energy materials for mining and defense applications in India and internationally. The company offers industrial explosives comprising bulk, packaged, non-permitted, permitted, and seismic explosives; initiating systems; electronic, non-electric, and… Read more