Solar Industries India Ltd
NSE:SOLARINDS
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EV/EBIT
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.
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.
Valuation Scenarios
If EV/EBIT returns to its 3-Year Average (54.3), the stock would be worth ₹12 673.43 (17% downside from current price).
| 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%
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| Industry Average | 19.1 | ₹4 457.34 |
-71%
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| 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
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/ |
Jan 2026
₹21.1B
|
= |
|
|
₹1.2T
|
/ |
Mar 2026
₹24.3B
|
= |
|
|
₹1.2T
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/ |
Mar 2027
₹31.2B
|
= |
|
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₹1.2T
|
/ |
Mar 2028
₹37.7B
|
= |
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Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.
Peer Comparison
| Market Cap | EV/EBIT | P/E | ||||
|---|---|---|---|---|---|---|
| IN |
|
Solar Industries India Ltd
NSE:SOLARINDS
|
1.4T INR | 65.3 | 95.1 | |
| SA |
|
Saudi Basic Industries Corporation SJSC
SAU:2010
|
228.3B SAR | 33.9 | -8.8 | |
| ID |
|
Chandra Asri Pacific PT Tbk
OTC:PTPIF
|
45.6B USD | -84.7 | 41.8 | |
| ID |
|
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
|
545T IDR | -60.4 | 29.3 | |
| US |
|
Dow Inc
NYSE:DOW
|
27.5B USD | 170.8 | -10.4 | |
| CN |
|
Hengli Petrochemical Co Ltd
SSE:600346
|
175.6B CNY | 20.4 | 24.8 | |
| UK |
|
LyondellBasell Industries NV
NYSE:LYB
|
23B USD | 38.4 | -30.6 | |
| TW |
|
Nan Ya Plastics Corp
TWSE:1303
|
701.1B TWD | 207.9 | 155.2 | |
| KR |
|
LG Chem Ltd
KRX:051910
|
30.5T KRW | 38 | -16.8 | |
| CN |
|
Rongsheng Petrochemical Co Ltd
SZSE:002493
|
123.7B CNY | 29.3 | 168 | |
| CN |
G
|
Guangzhou Tinci Materials Technology Co Ltd
SZSE:002709
|
107.4B CNY | 61.5 | 78.8 |
Market Distribution
| Min | 0.4 |
| 30th Percentile | 15.7 |
| Median | 23.3 |
| 70th Percentile | 34.7 |
| Max | 48 145.1 |
Other Multiples
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.