ChemicalsLarge capRs 202,448 crRs 273.5 cr traded a dayDefenceManufacturing
Close on 10 September 2026
22,370.00
+0.07%
52-week range99% of the way up
11,772.0022,455.00
Market cap
202,448 cr
P/E (TTM)
99.9×
industry 36×
EPS (TTM)
223.92
Revenue YoY
+116.4%
Q1 FY27
Profit YoY
+121.7%
Net margin
18.2%
+0.4pt vs a year ago
Growth trend
+26.9pt
vs last quarter’s YoY
1 month
+19.4%
Below 52w high
0.4%
RSI (14)
80
overbought
Daily swing
2.3%
average true range
Volume
0.4×
vs 20-day average
Traded
Rs 273 cr
median day
Close200-day averageMaterial filing
260 sessions · hover for the filing behind a move
Key metrics
each ranked against every stock scanned tonight
Above the 200-day average
Top of the universe
+41.4%
One-year return
Top of the universe
+54.7%
Return on capital employed
Top of the universe
35.6%
Debt to equity
Around the median
0.23×
Profitable quarters, last four
of the last four reported
4 of 4
Cash conversion
cash from operations against reported profit
31%
Revenue growth, year on year
latest reported quarter
+116.4%
Below the 52-week high
from the highest close of the year
-0.4%
1 week
+4.05%
1 month
+19.43%
3 months
+29.48%
6 months
+63.30%
1 year
+54.66%
The read
written from the numbers on this page
The evidence leans constructive8 supporting, 2 against, 1 worth knowing
Supporting
trading 41% above its 200-day average
sitting at 99% of its 52-week range, with little overhead supply from trapped buyers
up 55% over twelve months
matches profit on paper, not in cash, which has beaten the market by +1.99 points over 20 sessions across 3,884 past signals
10 of the scans it matches have a positive measured record
7 independent kinds of evidence agree today, which is uncommon
revenue grew 116% year on year in the quarter ending 30 June 2026
net margin has widened from 17.1% to 18.2% across four quarters
Against
priced at 100× earnings against an industry median of 36× — 177% above its peers
holders are unwinding longs quietly
Worth knowing
RSI at 80 is stretched; strong stocks stay stretched for a long time, so this is a note on entry timing, not on direction
SOLARINDS sits in Defence, Manufacturing — worth checking whether the whole group is moving together or whether this name is doing it alone.
What would change this read: a close below 15,819, its 200-day average; a failure to hold the top of its 52-week range.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
from the filings and from the price, with the figure behind every line
Working8
Revenue rose 113.8% year on year, from Rs 1,716 cr to Rs 3,668 cr.
+113.8%Rs 1,716 crRs 3,668 cr
Solar Industries' net profit rose 119.4% year on year, from Rs 304 cr to Rs 666 cr.
+119.4%Rs 304 crRs 666 cr
Profit rose year on year in all 4 of the last 4 quarters.
4
Trading 41.4% above its 200-day average, which is the line most investors use to separate a bull phase from a bear one.
+41.4%
Within 0.4% of its 52-week high.
-0.4%
Up 54.7% over the past year.
+54.7%
4 different kinds of evidence point at it tonight, not 4 versions of the same one.
4 families
Rs 273 crore changes hands on a median day, so an ordinary order is not the reason it moves.
Rs 273 cr
Needs watching2
Operating cash flow was Rs 621 cr against reported profit of Rs 2,026 cr, which is 31% of it.
Rs 621 crRs 2,026 cr31%
A warning rule fires on it tonight: stretched far above trend.
Stretched far above trend
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 4 of these 4 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.
How it has performed
price return over each window, beside the median NSE stock over the same days
What the scans say today
15 of 47 matched on 10 Sep
SOLARINDS matches 15 of the 47 scans today, across 7 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
500 sessions since 26 September 2024
77×
median 98×
126×
now 100×
SOLARINDS trades at 100× trailing earnings, close to its median of 98× over this window. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
Results filings were typically -0.51pt vs the market over the next 5 sessions (n=7,726) · Board meeting filings were typically +0.02pt vs the market over the next 5 sessions (n=6,172) · AGM / EGM filings were typically +0.17pt vs the market over the next 5 sessions (n=8,423)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 116% against the same quarter a year earlier
profit rose 122% year on year
net margin narrowed from 18.2% to 18.2%
revenue rose in 4 of the last 4 quarters
Going against it
nothing clear in the filed numbers
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
30 Jun · consolidated
3,668
903
666
72.11
18.2%
Q4 FY26
31 Mar · consolidated
3,053
758
556
60.52
18.2%
Q3 FY26
31 Dec · consolidated
2,548
636
467
49.31
18.3%
Q3 FY25
31 Dec · consolidated
1,973
458
338
0.00
17.1%
Q2 FY25
30 Sep · consolidated
1,716
402
304
31.59
17.7%
Q1 FY25
30 Jun · consolidated
1,695
406
301
31.66
17.7%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+15.5%
Versus 200-day average+41.4%
Below 52-week high-0.4%
Above 52-week low+90.0%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)80.3
Higher closes in last 53 of 5
Six-month return+63.30%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)2.28%
Volume versus 20-day0.4x
Median daily turnoverRs 273.5 cr
Derivatives
near expiry 2026-09-29 · 2026-09-10
Long Unwinding
Price down, open interest down. Holders are leaving quietly. Less violent than a short buildup, and easier to miss.
Futures basis versus spot+0.07%
Open interest change-0.2%
Put / call ratio0.89
Put wall (support)20,000
Call wall (resistance)22,000
Max pain21,500
How to read this
Open interest is contracts still open, so a rise means new positions and a fall means positions closing. Combined with price direction that gives the state on the left. The walls are the strikes carrying the most open interest near expiry — levels other people are watching, not levels the price is obliged to respect. A future below spot means sellers are paying to be short.
Peers
Chemicals · 44 classified companies
SOLARINDS trades at 99.9× trailing earnings against an industry median of 36.0× across 41 other classified companies in its industry — more expensive than them, by 177%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet
Recent sessions
what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.