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Solar Industries India Stock

Solar Industries India ROCE 2024

Solar Industries India ROCE

0.46

Ticker

SOLARINDS.NS

ISIN

INE343H01029

In 2024, Solar Industries India's return on capital employed (ROCE) was 0.46, a 28.92% increase from the 0.36 ROCE 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.

ROCE Details

Unraveling Solar Industries India's Return on Capital Employed (ROCE)

Solar Industries India's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Solar Industries India's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Solar Industries India's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Solar Industries India’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Solar Industries India stock

What is the ROCE (Return on Capital Employed) of Solar Industries India this year?

The ROCE of Solar Industries India is 0.46 undefined this year.

How has the ROCE (Return on Capital Employed) of Solar Industries India developed compared to the previous year?

The ROCE of Solar Industries India has increased by 28.92% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Solar Industries India?

A high Return on Capital Employed (ROCE) indicates that Solar Industries India has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Solar Industries India?

A low ROCE (Return on Capital Employed) can indicate that Solar Industries India has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Solar Industries India impact the company?

An increase in the ROCE of Solar Industries India can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

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

A decrease in ROCE of Solar Industries India can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

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

Some factors that can affect Solar Industries India's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

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

The ROCE of Solar Industries India is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Solar Industries India take to improve the ROCE?

To improve the ROCE, Solar Industries India can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

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 0.08 %. 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 0.08 %.

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 0.09 %.

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.