Solar Industries India - Stock

Solar Industries India Equity 2024

Solar Industries India Equity

33.06 B INR

Ticker

SOLARINDS.NS

ISIN

INE343H01029

In 2024, Solar Industries India's equity was 33.06 B INR, a 72.68% increase from the 19.14 B INR equity in the previous year.

Solar Industries India Aktienanalyse

What does Solar Industries India do?

The Solar Industries India Ltd is an Indian company operating in the explosives industry. It was founded in 1995 with its headquarters in Nagpur, Maharashtra. The company develops, produces, and distributes a wide range of explosives used in various industrial sectors such as mining, quarries, defense, and civil construction. The company's history began with the establishment of Solar Explosives Ltd by Rajendra K. Tandon, an experienced mine operator, in 1989. It initially started producing explosives and quickly expanded its activities to other areas. In 1995, the company changed its name to Solar Industries India Ltd and got listed on the Bombay Stock Exchange. Solar Industries India Ltd's business model is based on the development and manufacturing of high-quality explosives and explosive accessories. The company produces different types of explosives such as rifle cartridges, shotgun shells, and rockets. In addition to manufacturing explosives, the company also offers consulting and planning services to provide comprehensive solutions to its customers' explosive needs. The company is divided into different sectors, including mining, quarries, defense, civil construction, and others. In the mining sector, Solar Industries India Ltd offers a wide range of explosives that can be used in coal and copper mines. In the quarry sector, the company provides explosives for rock extraction and stone blasting. In the defense sector, the company produces explosives and explosives for the military and other government institutions. In the civil construction industry, the company manufactures explosives and accessories that can be used in road construction, bridge construction, tunnel construction, and other building works. Solar Industries India Ltd also offers a wide range of accessory products needed for explosive work, such as detonators, primers, explosive capsules, igniters, and more. These accessory products are manufactured in various sizes and types to meet the customers' needs. Among the products manufactured by Solar Industries India Ltd are non-electric explosive systems that provide customers with a reliable and safe way to ignite explosives. These systems are easy to use and do not require electrical power. Instead, they are manually or remotely activated through a radio remote control. The company places great emphasis on environmental protection and has implemented a comprehensive environmental management policy. It has extensive facilities for the disposal and recycling of explosives and accessories, aiming to minimize environmental impacts and ensure the safety and health of its employees. In summary, Solar Industries India Ltd is a leading company in the explosives industry, offering a wide range of products and services that cater to the needs of various sectors. The company has a long history and experience in the manufacturing of explosives and is committed to providing its customers with a reliable and safe solution for their explosive needs. Thanks to its comprehensive environmental management policy, the company also contributes to environmental protection. Solar Industries India ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Solar Industries India's Equity

Solar Industries India's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Solar Industries India's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Solar Industries India's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Solar Industries India's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Solar Industries India’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Solar Industries India Stock

What is the equity of Solar Industries India this year?

Solar Industries India has equity of 33.06 B INR this year.

What was the equity of Solar Industries India compared to the previous year?

The equity of Solar Industries India has increased/decreased by 72.68% increased compared to the previous year.

What impact does a high equity have on investors of Solar Industries India?

A high equity is advantageous for investors of Solar Industries India as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Solar Industries India?

A low equity can be a risk for investors of Solar Industries India, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Solar Industries India affect the company?

An increase in equity of Solar Industries India can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Solar Industries India affect the company?

A reduction in equity of Solar Industries India can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Solar Industries India?

Some factors that can affect the equity of Solar Industries India include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Solar Industries India so important for investors?

The equity of Solar Industries India is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Solar Industries India take to change the equity?

To change equity, Solar Industries India can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Solar Industries India pay?

Over the past 12 months, Solar Industries India paid a dividend of 8.5 INR . This corresponds to a dividend yield of about 0.09 %. For the coming 12 months, Solar Industries India is expected to pay a dividend of 10.12 INR.

What is the dividend yield of Solar Industries India?

The current dividend yield of Solar Industries India is 0.09 %.

When does Solar Industries India pay dividends?

Solar Industries India pays a quarterly dividend. This is distributed in the months of September, June, July, August.

How secure is the dividend of Solar Industries India?

Solar Industries India paid dividends every year for the past 22 years.

What is the dividend of Solar Industries India?

For the upcoming 12 months, dividends amounting to 10.12 INR are expected. This corresponds to a dividend yield of 0.1 %.

In which sector is Solar Industries India located?

Solar Industries India is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Solar Industries India kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Solar Industries India from 8/17/2024 amounting to 8.5 INR, you needed to have the stock in your portfolio before the ex-date on 7/4/2024.

When did Solar Industries India pay the last dividend?

The last dividend was paid out on 8/17/2024.

What was the dividend of Solar Industries India in the year 2023?

In the year 2023, Solar Industries India distributed 8 INR as dividends.

In which currency does Solar Industries India pay out the dividend?

The dividends of Solar Industries India are distributed in INR.

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Andere Kennzahlen von Solar Industries India

Our stock analysis for Solar Industries India Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Solar Industries India Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.