Solar Industries India Limited (SOLARINDS.NS) stock analysis

In our weekly check, Solar Industries India Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 3, red flags: 4.

About Solar Industries India Limited

Solar Industries India Limited is a Basic Materials company (Chemicals - Specialty) based in India, listed on NSE as SOLARINDS.NS.

What our checks show for SOLARINDS.NS

Red flags

• Operating cash flow is only 0.25x net profit: part of the reported profit does not arrive as cash.
• Free cash flow is negative (-11% of revenue): the business spends more cash than it brings in.
• Return on capital (ROCE) is zero or negative: the business does not earn on the money put into it.
• Pay in shares equals 0% of free cash flow: it dilutes shareholders.

Warning signs

• Analysts expect the net margin to shrink by 1.2 points from today's 17.5%.
• The price swings a lot: 36.9% annual volatility. Expect large ups and downs.
• Thinly traded (about 180 thousand shares a day): buying and selling can move the price.

Strengths

• Debt is low: 0x equity.
• Operating profit covers interest 32.4 times over.
• The net margin rose by 6.4 points over 5 years, to 17.5%.
• The gross margin is 45.3% and has risen by 5.1 points: pricing power is holding.
• Analysts expect earnings per share to grow about 28.4% a year over the next years.
• Analysts expect revenue to grow about 32.6% a year over the next years.

Next earnings report: 2026-11-03

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Questions

What grade does Solar Industries India Limited (SOLARINDS.NS) have?

In our weekly check, Solar Industries India Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 3, red flags: 4. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of SOLARINDS.NS stock?

This week's biggest flags for Solar Industries India Limited: Profits not backed by cash, Weak free cash flow, Low return on capital. In total 7 of 25 checks show a warning or a red flag.

What does Solar Industries India Limited do?

Solar Industries India Limited is a Basic Materials company (Chemicals - Specialty) based in India, listed on NSE as SOLARINDS.NS.

When does Solar Industries India Limited report earnings next?

The next earnings report is expected on 2026-11-03. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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