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Specialty Chemicals
Materials · Specialty Chemicals · Long-term Compounder

Solar Industries India Limited

SOLARINDS·15439·₹1.40L Cr·Listed 3 Apr 2006
Composite
90
Top 10% in Specialty Chemicals · Long-term Compounder
Rank1of 3
About SOLARINDS
www.solargroup.com
Solar Industries India Limited, together with its subsidiaries, engages in the manufacture and sale of industrial explosives and explosive initiating devices in India and internationally.
Chemicals
Company description
Founded
1983
Headquarters
Nagpur, India
CEO / MD
Mr. Manish Satyanarayan Nuwal · CEO, MD & Executive Director
Major milestone
The company was formerly known as Solar Explosives Limited and changed its name to Solar Industries India Limited in February 2009.
What they do
Core products
industrial explosivessuch as bulkpackaged explosivesand initiating systemsincluding electronicelectric
Target customers
Not explicitly disclosed
Global footprint
IndiaInternational
2 regions mentioned in disclosures
Shareholder breakup
Promoter
73.2%
DII
12.9%
Public
7.3%+0.1
FII
6.6%-0.2
As of Mar 2026115917 holders
Read full description

Solar Industries India Limited, together with its subsidiaries, engages in the manufacture and sale of industrial explosives and explosive initiating devices in India and internationally. It offers industrial explosives, such as bulk and packaged explosives; and initiating systems, including electronic, electric, non-electric, and plain detonators, as well as cord relays, cast boosters, detonating cords, and aluminum elemented det products. The company provides defense products, including unmanned aerial systems and drones, ammunitions, high energy materials, bombs and warheads, rockets and missiles, initiating systems and detonix, chaffs and flares, and mines devices. Its products are used in mining, infrastructure, construction, defence, and the space sectors. The company was formerly known as Solar Explosives Limited and changed its name to Solar Industries India Limited in February 2009. The company was founded in 1983 and is based in Nagpur, India.

Sourced from public company disclosures.
About
Solar Industries India Limited
IndustryChemicals & Petrochemicals
SectorChemicals
ClusterSpecialty Chemicals · Long-term Compounder
Market cap₹1.40L Cr
Listed3 Apr 2006
Price history20 years available
Fundamentals10 years available
Price history
SOLARINDS · monthly close, 2006–2026
+35186%
33.9% CAGR · 20y
16,105+2,521.13 (+18.56%)1Y