Solar Industries India Limited (SOLARINDS) - Total Assets
Based on the latest financial reports, Solar Industries India Limited (SOLARINDS) holds total assets worth Rs109.19 Billion INR (≈ $1.18 Billion USD) as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check Solar Industries India Limited cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Solar Industries India Limited - Total Assets Trend (2005–2026)
This chart illustrates how Solar Industries India Limited's total assets have evolved over time, based on quarterly financial data. Explore long-term investment intensity of Solar Industries India Limited to see how much of total assets are deployed in long-term investments.
Solar Industries India Limited - Asset Composition Analysis
Current Asset Composition (March 2026)
Solar Industries India Limited's total assets of Rs109.19 Billion consist of 46.1% current assets and 53.9% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rs0.00 | 5.4% |
| Accounts Receivable | Rs18.61 Billion | 17.1% |
| Inventory | Rs17.42 Billion | 16.0% |
| Property, Plant & Equipment | Rs0.00 | 0.0% |
| Intangible Assets | Rs977.10 Million | 0.9% |
| Goodwill | Rs1.71 Billion | 1.6% |
Asset Composition Trend (2005–2026)
This chart illustrates how Solar Industries India Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market value of Solar Industries India Limited.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Solar Industries India Limited's current assets represent 46.1% of total assets in 2026, an increase from 42.0% in 2005.
- Cash Position: Cash and equivalents constituted 5.4% of total assets in 2026, up from 2.1% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 17.1% of total assets.
Solar Industries India Limited Competitors by Total Assets
Key competitors of Solar Industries India Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Linde plc Ordinary Shares
NASDAQ:LIN
|
USA | $86.82 Billion |
|
Zhongfu Shenying Carbon Fiber Co. Ltd. A
SHG:688295
|
China | CN¥10.25 Billion |
|
Ningbo Shanshan Co Ltd
SHG:600884
|
China | CN¥45.88 Billion |
|
Incitec Pivot Ltd
AU:IPL
|
Australia | AU$8.40 Billion |
|
Shandong Dongyue Organosilicon Mat
SHE:300821
|
China | CN¥6.27 Billion |
|
Huaibei Mining Holdings Co Ltd
SHG:600985
|
China | CN¥89.26 Billion |
|
Zhejiang Transfar Co Ltd
SHE:002010
|
China | CN¥38.45 Billion |
|
Aarti Industries Limited
NSE:AARTIIND
|
India | Rs132.99 Billion |
Solar Industries India Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.06 | 1.95 | 1.50 |
| Quick Ratio | 1.35 | 1.38 | 0.92 |
| Cash Ratio | 0.00 | 0.06 | 0.00 |
| Working Capital | Rs25.89 Billion | Rs20.13 Billion | Rs4.06 Billion |
Solar Industries India Limited - Advanced Valuation Insights
This section examines the relationship between Solar Industries India Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 26.58 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | 32.2% |
| Total Assets | Rs109.19 Billion |
| Market Capitalization | $17.38 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Solar Industries India Limited's assets below their book value (0.16x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Solar Industries India Limited's assets grew by 32.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Solar Industries India Limited (2005–2026)
The table below shows the annual total assets of Solar Industries India Limited from 2005 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-03-31 | Rs109.19 Billion ≈ $1.18 Billion |
+32.16% |
| 2025-03-31 | Rs82.61 Billion ≈ $893.43 Million |
+44.00% |
| 2024-03-31 | Rs57.37 Billion ≈ $620.46 Million |
+13.92% |
| 2023-03-31 | Rs50.36 Billion ≈ $544.65 Million |
+35.23% |
| 2022-03-31 | Rs37.24 Billion ≈ $402.77 Million |
+22.93% |
| 2021-03-31 | Rs30.30 Billion ≈ $327.65 Million |
+19.64% |
| 2020-03-31 | Rs25.32 Billion ≈ $273.86 Million |
+10.97% |
| 2019-03-31 | Rs22.82 Billion ≈ $246.79 Million |
+14.38% |
| 2018-03-31 | Rs19.95 Billion ≈ $215.76 Million |
+15.87% |
| 2017-03-31 | Rs17.22 Billion ≈ $186.21 Million |
+11.40% |
| 2016-03-31 | Rs15.46 Billion ≈ $167.14 Million |
+11.25% |
| 2015-03-31 | Rs13.89 Billion ≈ $150.24 Million |
+2.71% |
| 2014-03-31 | Rs13.52 Billion ≈ $146.27 Million |
+22.07% |
| 2013-03-31 | Rs11.08 Billion ≈ $119.82 Million |
+23.19% |
| 2012-03-31 | Rs8.99 Billion ≈ $97.27 Million |
+36.04% |
| 2011-03-31 | Rs6.61 Billion ≈ $71.50 Million |
+22.38% |
| 2010-03-31 | Rs5.40 Billion ≈ $58.42 Million |
+20.01% |
| 2009-03-31 | Rs4.50 Billion ≈ $48.68 Million |
+37.28% |
| 2008-03-31 | Rs3.28 Billion ≈ $35.46 Million |
+9.43% |
| 2007-03-31 | Rs3.00 Billion ≈ $32.41 Million |
+26.01% |
| 2006-03-31 | Rs2.38 Billion ≈ $25.72 Million |
+114.65% |
| 2005-03-31 | Rs1.11 Billion ≈ $11.98 Million |
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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