Solar Industries India Ltd
NSE:SOLARINDS

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Solar Industries India Ltd
NSE:SOLARINDS
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Price: 15 242 INR 1.96% Market Closed
Market Cap: ₹1.4T

EV/EBIT

65.3
Current
20%
More Expensive
vs 3-y average of 54.3

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
65.3
=
Enterprise Value
₹1.2T
/
EBIT
₹21.1B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
65.3
=
Enterprise Value
₹1.2T
/
EBIT
₹21.1B

Valuation Scenarios

Solar Industries India Ltd is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (54.3), the stock would be worth ₹12 673.43 (17% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-71%
Maximum Upside
No Upside Scenarios
Average Downside
47%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 65.3 ₹15 242
0%
3-Year Average 54.3 ₹12 673.43
-17%
5-Year Average 40.8 ₹9 511.07
-38%
Industry Average 19.1 ₹4 457.34
-71%
Country Average 23.3 ₹5 428.94
-64%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
₹1.2T
/
Jan 2026
₹21.1B
=
65.3
Current
₹1.2T
/
Mar 2026
₹24.3B
=
49.7
Forward
₹1.2T
/
Mar 2027
₹31.2B
=
38.7
Forward
₹1.2T
/
Mar 2028
₹37.7B
=
32
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close

Market Distribution

Higher than 89% of companies in India
Percentile
89th
Based on 2 572 companies
89th percentile
65.3
Low
0.4 — 15.7
Typical Range
15.7 — 34.7
High
34.7 —
Distribution Statistics
India
Min 0.4
30th Percentile 15.7
Median 23.3
70th Percentile 34.7
Max 48 145.1

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.

SOLARINDS Intrinsic Value
4 665.34 INR
Overvaluation 69%
Intrinsic Value
Price ₹15 242
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