
Solar Industries India Ltd
NSE:SOLARINDS

Solar Industries India Ltd
Change in Working Capital
Solar Industries India Ltd
Change in Working Capital Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Change in Working Capital | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
![]() |
Solar Industries India Ltd
NSE:SOLARINDS
|
Change in Working Capital
-â‚ą5.6B
|
CAGR 3-Years
-18%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
![]() |
Himadri Speciality Chemical Ltd
NSE:HSCL
|
Change in Working Capital
â‚ą904.6m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
![]() |
Supreme Industries Ltd
NSE:SUPREMEIND
|
Change in Working Capital
-â‚ą3B
|
CAGR 3-Years
27%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
![]() |
Tata Chemicals Ltd
NSE:TATACHEM
|
Change in Working Capital
-â‚ą2.6B
|
CAGR 3-Years
32%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
![]() |
Deepak Nitrite Ltd
NSE:DEEPAKNTR
|
Change in Working Capital
-â‚ą6.5B
|
CAGR 3-Years
3%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
![]() |
Berger Paints India Ltd
NSE:BERGEPAINT
|
Change in Working Capital
-â‚ą3.3B
|
CAGR 3-Years
25%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Solar Industries India Ltd
Glance View
In the heart of industrial India, where innovation meets opportunity, Solar Industries India Ltd has carved a niche that blends the art of explosive manufacturing with strategic business acumen. Founded in 1995, the company has evolved from its humble beginnings in Nagpur to become a leading explosives manufacturer, holding the distinction of being India’s largest and among the top global players. The company is best known for its production of industrial explosives and initiating systems, serving sectors such as mining, infrastructure, and defense. What sets Solar Industries apart is its integrated approach, from manufacturing the raw materials to delivering the final product and providing technical support, ensuring that clients receive a comprehensive solution tailored to their specific needs. At the core of its financial success is Solar Industries' ability to capitalize on both domestic and international markets, enabling a robust revenue stream. Primarily, the company generates income from the sale of explosives used in mining projects, where its products help in efficient extraction of minerals. Additionally, with a keen eye on diversification, Solar Industries extends its reach into the growing defense sector, offering ammunition and related defense products, which represent a promising vertical with significant growth potential. By combining its deep industrial expertise with strategic expansions into newer domains, Solar Industries not only fuels its own growth but also contributes significantly to the industries it serves, maintaining a steady pulse on the markets and technologies that drive its business forward.

See Also
What is Solar Industries India Ltd's Change in Working Capital?
Change in Working Capital
-5.6B
INR
Based on the financial report for Dec 31, 2024, Solar Industries India Ltd's Change in Working Capital amounts to -5.6B INR.
What is Solar Industries India Ltd's Change in Working Capital growth rate?
Change in Working Capital CAGR 3Y
-18%
Over the last year, the Change in Working Capital growth was -49%. The average annual Change in Working Capital growth rates for Solar Industries India Ltd have been -18% over the past three years .