Solar Industries India Limited (NSE:SOLARINDS) — Market Cap & Net Worth
Market Cap & Net Worth: Solar Industries India Limited (SOLARINDS)
Solar Industries India Limited (NSE:SOLARINDS) has a market capitalization of $18.00 Billion (Rs1.66 Trillion) as of August 4, 2026. Listed on the NSE stock exchange, this India-based company holds position #1401 globally and #43 in its home market, demonstrating a -2.47% decrease 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 Rs18391.00 by its total outstanding shares 90490055 (90.49 Million). See SOLARINDS capital reinvestment ratio to understand how much of operating cash flow is reinvested back into capital assets.
Solar Industries India Limited Market Cap History: 2015 to 2026
Solar Industries India Limited's market capitalization history from 2015 to 2026. Data shows growth from $662.47 Million to $18.00 Billion (36.34% CAGR).
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
|
$540.14 Billion | 3.33% | #1 of 100 |
|
NIFTY 200
NIFTY200
|
$2.59 Trillion | 0.69% | #40 of 200 |
|
NIFTY 500
NIFTY500
|
$3.17 Trillion | 0.57% | #40 of 500 |
|
NIFTY MIDCAP 150
NIFTYMIDCAP150
|
$723.19 Billion | 2.49% | #1 of 150 |
|
NIFTY MIDSMALLCAP 400
NIFTYMIDSML400
|
$1.15 Trillion | 1.56% | #2 of 400 |
|
NIFTY TOTAL MARKET
NIFTYTOTALMKT
|
$3.26 Trillion | 0.55% | #39 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.
Latest Price to Sales (P/S) Ratio
0.18x
Solar Industries India Limited's market cap is 0.18 times its annual revenue
Latest Price to Earnings (P/E) Ratio
1.07x
Solar Industries India Limited's market cap is 1.07 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 | $18.00 Billion | $98.38 Billion | $16.78 Billion | 0.18x | 1.07x |
Competitor Companies of SOLARINDS by Market Capitalization
Companies near Solar Industries India Limited in the global market cap rankings as of August 4, 2026.
Key companies related to Solar Industries India Limited by market ranking:
- Linde plc Ordinary Shares (NASDAQ:LIN): Ranked #93 globally with a market cap of $210.18 Billion USD.
- AIR LIQUIDE ADR 1/5/EO 11 (F:AILA): Ranked #235 globally with a market cap of $103.86 Billion USD ( €88.84 Billion EUR).
- Air Liquide SA (PA:AI): Ranked #251 globally with a market cap of $101.06 Billion USD ( €86.44 Billion EUR).
- Sherwin-Williams Co (NYSE:SHW): Ranked #310 globally with a market cap of $84.49 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #93 | Linde plc Ordinary Shares | NASDAQ:LIN | $210.18 Billion | $478.38 |
| #235 | AIR LIQUIDE ADR 1/5/EO 11 | F:AILA | $103.86 Billion | €36.60 |
| #251 | Air Liquide SA | PA:AI | $101.06 Billion | €170.72 |
| #310 | Sherwin-Williams Co | NYSE:SHW | $84.49 Billion | $340.85 |
Solar Industries India Limited Historical Marketcap From 2015 to 2026
Between 2015 and today, Solar Industries India Limited's market cap moved from $662.47 Million to $ 18.00 Billion, with a yearly change of 36.34%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Rs18.00 Billion | +50.11% |
| 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 Aug 3rd, 2026 the market cap of Solar Industries India Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $18.00 Billion USD |
| MoneyControl | $18.00 Billion USD |
| MarketWatch | $18.00 Billion USD |
| marketcap.company | $18.00 Billion USD |
| Reuters | $18.00 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, engages in the manufacture and sale of industrial explosives and explosive initiating devices in India and internationally. It offers industrial explosives, such as bulk and packaged explosives; and initiating systems, including electronic, electric, non-electric, and plain detonators, as well as cord relays, cast boosters, detonatin… Read more