Solar Industries India Limited (SOLARINDS) - Net Assets

Latest as of September 2025: Rs53.31 Billion INR ≈ $576.52 Million USD

Based on the latest financial reports, Solar Industries India Limited (SOLARINDS) has net assets worth Rs53.31 Billion INR (≈ $576.52 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs90.17 Billion ≈ $975.12 Million USD) and total liabilities (Rs36.86 Billion ≈ $398.60 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check SOLARINDS asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs53.31 Billion
% of Total Assets 59.12%
Annual Growth Rate 24.87%
5-Year Change 176.27%
10-Year Change 412.44%
Growth Volatility 38.12

Solar Industries India Limited - Net Assets Trend (2005–2025)

This chart illustrates how Solar Industries India Limited's net assets have evolved over time, based on quarterly financial data. Also explore Solar Industries India Limited assets under control for the complete picture of this company's asset base.

Annual Net Assets for Solar Industries India Limited (2005–2025)

The table below shows the annual net assets of Solar Industries India Limited from 2005 to 2025. For live valuation and market cap data, see Solar Industries India Limited market capitalisation.

Year Net Assets Change
2025-03-31 Rs45.37 Billion
≈ $490.62 Million		 +32.37%
2024-03-31 Rs34.27 Billion
≈ $370.64 Million		 +24.60%
2023-03-31 Rs27.51 Billion
≈ $297.48 Million		 +36.52%
2022-03-31 Rs20.15 Billion
≈ $217.90 Million		 +22.70%
2021-03-31 Rs16.42 Billion
≈ $177.59 Million		 +14.70%
2020-03-31 Rs14.32 Billion
≈ $154.82 Million		 +11.34%
2019-03-31 Rs12.86 Billion
≈ $139.06 Million		 +13.67%
2018-03-31 Rs11.31 Billion
≈ $122.34 Million		 +16.76%
2017-03-31 Rs9.69 Billion
≈ $104.78 Million		 +9.44%
2016-03-31 Rs8.85 Billion
≈ $95.74 Million		 +7.57%
2015-03-31 Rs8.23 Billion
≈ $89.01 Million		 +17.63%
2014-03-31 Rs7.00 Billion
≈ $75.67 Million		 +14.09%
2013-03-31 Rs6.13 Billion
≈ $66.32 Million		 +38.62%
2012-03-31 Rs4.42 Billion
≈ $47.84 Million		 +28.80%
2011-03-31 Rs3.43 Billion
≈ $37.15 Million		 +29.47%
2010-03-31 Rs2.65 Billion
≈ $28.69 Million		 +20.10%
2009-03-31 Rs2.21 Billion
≈ $23.89 Million		 +18.84%
2008-03-31 Rs1.86 Billion
≈ $20.10 Million		 +8.78%
2007-03-31 Rs1.71 Billion
≈ $18.48 Million		 +10.51%
2006-03-31 Rs1.55 Billion
≈ $16.72 Million		 +189.69%
2005-03-31 Rs533.77 Million
≈ $5.77 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Solar Industries India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 4581070000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings Rs45.81 Billion 104.44%
Common Stock Rs181.00 Million 0.41%
Other Comprehensive Income Rs-3.62 Billion -8.25%
Other Components Rs1.49 Billion 3.40%
Total Equity Rs43.86 Billion 100.00%

Solar Industries India Limited Competitors by Market Cap

The table below lists competitors of Solar Industries India Limited ranked by their market capitalization.

Company Market Cap
Powszechny Zaklad Ubezpieczen SA
WAR:PZU
 $15.11 Billion
Banco Santander Chile
SN:BSANTANDER
 $15.16 Billion
HAIER SM.HME UNSP.ADR/4
F:HAI0
 $15.17 Billion
Han'S Laser Tech A
SHE:002008
 $15.17 Billion
Atlassian Corp Plc
NASDAQ:TEAM
 $15.07 Billion
GENMAB AS SP.ADR/1/10DK 1
F:GE91
 $15.06 Billion
Mid-America Apartment Communities Inc
NYSE:MAA
 $15.05 Billion
SPIC Dongfang New Energy Corp
SHE:000958
 $15.05 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Solar Industries India Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 33,056,000,000 to 43,863,400,000, a change of 10,807,400,000 (32.7%).
  • Net income of 12,094,400,000 contributed positively to equity growth.
  • Dividend payments of 769,200,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 555,600,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Rs12.09 Billion +27.57%
Dividends Paid Rs769.20 Million -1.75%
Other Comprehensive Income Rs-555.60 Million -1.27%
Other Changes Rs37.80 Million +0.09%
Total Change Rs- 32.69%

Book Value vs Market Value Analysis

This analysis compares Solar Industries India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 31.85x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 2505.42x to 31.85x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-03-31 Rs6.16 Rs15439.00 x
2006-03-31 Rs17.85 Rs15439.00 x
2007-03-31 Rs19.72 Rs15439.00 x
2008-03-31 Rs21.45 Rs15439.00 x
2009-03-31 Rs25.49 Rs15439.00 x
2010-03-31 Rs30.62 Rs15439.00 x
2011-03-31 Rs36.49 Rs15439.00 x
2012-03-31 Rs46.71 Rs15439.00 x
2013-03-31 Rs64.48 Rs15439.00 x
2014-03-31 Rs73.11 Rs15439.00 x
2015-03-31 Rs85.74 Rs15439.00 x
2016-03-31 Rs95.86 Rs15439.00 x
2017-03-31 Rs102.62 Rs15439.00 x
2018-03-31 Rs119.78 Rs15439.00 x
2019-03-31 Rs136.85 Rs15439.00 x
2020-03-31 Rs152.51 Rs15439.00 x
2021-03-31 Rs174.54 Rs15439.00 x
2022-03-31 Rs211.55 Rs15439.00 x
2023-03-31 Rs288.47 Rs15439.00 x
2024-03-31 Rs365.30 Rs15439.00 x
2025-03-31 Rs484.72 Rs15439.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Solar Industries India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 27.57%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 16.04%
  • • Asset Turnover: 0.91x
  • • Equity Multiplier: 1.88x
  • Recent ROE (27.57%) is above the historical average (21.13%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 28.09% 13.05% 1.04x 2.08x Rs96.54 Million
2006 14.33% 14.84% 0.63x 1.54x Rs66.97 Million
2007 11.25% 9.32% 0.69x 1.75x Rs21.36 Million
2008 19.44% 12.86% 0.86x 1.76x Rs175.36 Million
2009 19.99% 9.05% 1.08x 2.04x Rs220.53 Million
2010 22.09% 10.51% 1.03x 2.04x Rs320.69 Million
2011 23.92% 10.46% 1.09x 2.09x Rs439.93 Million
2012 25.01% 10.46% 1.08x 2.22x Rs607.43 Million
2013 20.31% 10.37% 1.01x 1.93x Rs590.22 Million
2014 17.90% 10.45% 0.84x 2.04x Rs522.84 Million
2015 19.00% 10.90% 0.97x 1.79x Rs698.19 Million
2016 19.15% 11.47% 0.94x 1.78x Rs793.83 Million
2017 19.97% 11.74% 0.92x 1.85x Rs925.81 Million
2018 20.35% 11.51% 0.96x 1.84x Rs1.12 Billion
2019 21.13% 10.63% 1.08x 1.84x Rs1.38 Billion
2020 19.38% 11.95% 0.88x 1.83x Rs1.29 Billion
2021 17.50% 10.99% 0.83x 1.92x Rs1.18 Billion
2022 23.05% 11.18% 1.06x 1.95x Rs2.50 Billion
2023 29.01% 10.94% 1.37x 1.93x Rs4.96 Billion
2024 25.29% 13.77% 1.06x 1.74x Rs5.05 Billion
2025 27.57% 16.04% 0.91x 1.88x Rs7.71 Billion

Industry Comparison

This section compares Solar Industries India Limited's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

  • Industry: Specialty Chemicals
  • Average net assets among peers: $8,083,043,484
  • Average return on equity (ROE) among peers: 14.94%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Solar Industries India Limited (SOLARINDS) Rs53.31 Billion 28.09% 0.69x $15.11 Billion
Aarti Industries Limited (AARTIIND) $49.21 Billion 11.08% 0.74x $1.99 Billion
Aarti Surfactants Limited (AARTISURF) $1.11 Billion 1.88% 1.36x $37.34 Million
ABM International Limited (ABMINTLLTD) $214.51 Million 3.09% 0.89x $4.23 Million
Advanced Enzyme Technologies Limited (ADVENZYMES) $1.66 Billion 30.02% 1.39x $420.87 Million
Aether Industries Limited (AETHER) $12.45 Billion 10.48% 0.11x $1.68 Billion
Akzo Nobel India Limited (AKZOINDIA) $11.05 Billion 19.80% 1.09x $1.45 Billion
Alkali Metals Limited (ALKALI) $658.97 Million 9.93% 0.56x $7.38 Million
Alkyl Amines Chemicals Limited (ALKYLAMINE) $1.16 Billion 20.83% 1.93x $838.56 Million
Ami Organics Limited (AMIORG) $822.19 Million 28.33% 1.59x $1.18 Billion
Anupam Rasayan India Limited (ANURAS) $2.50 Billion 13.94% 1.53x $1.65 Billion

About Solar Industries India Limited

NSE:SOLARINDS India Specialty Chemicals
Market Cap
$15.11 Billion
Rs1.40 Trillion INR
Market Cap Rank
#1597 Global
#50 in India
Share Price
Rs15439.00
Change (1 day)
+0.40%
52-Week Range
Rs11772.00 - Rs17598.00
All Time High
Rs17598.00
Categories
Companies in India Specialty Chemicals
About

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