Case study

SOLARINDS

Solar Industries (India)

Worth a closer look1y model +28.2%

Each stock's 10,000-path forecast, rendered as light.

0Score

Solar Industries (India) (SOLARINDS) Stock Analysis & Case Study

Is SOLARINDS a good buy? The data-driven verdict.

Solar Industries (India) (SOLARINDS) trades at ₹18,441,on the numbers it worth a closer look, a Downstox Snapshot Score of 60/100.

On the numbers, Solar Industries (India) (SOLARINDS) worth a closer look, a Downstox Snapshot Score of 60/100, weighing expensive at 99.5× earnings, ROE of 31.5%, a 77% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 20272031.

Last updated . Data snapshot for research, not investment advice.

SOLARINDS fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹1.67L Cr
Current price
₹18,441
P/E ratio
99.5×
P/B ratio
26.57×
Book value
₹694
Dividend yield
0.06%
ROCE
36.8%
ROE
31.5%
Piotroski F-Score
4/9

Is SOLARINDS overvalued? SOLARINDS P/E vs its sector

SOLARINDS's P/E of 99.5× sits above the sector peer median of 15.9×, so on earnings it screens richer than peers, while its 0.06% dividend yield is below the peer median of 1.65%.

SOLARINDS P/E
99.5×
Peer median P/E
15.9×
SOLARINDS div yield
0.06%
Peer median yield
1.65%

SOLARINDS share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.0y of SOLARINDS history (30%/yr drift, 34%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
SOLARINDS 2027₹14,823₹23,139₹35,790+28%
SOLARINDS 2028₹15,882₹29,657₹54,923+64%
SOLARINDS 2029₹17,439₹37,726₹80,893+109%
SOLARINDS 2030₹19,682₹48,395₹1,16,359+168%
SOLARINDS 2031₹22,717₹61,331₹1,62,535+240%

Median (P50) is the central estimate; the P10–P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability SOLARINDS goes up, or doubles?

77%
Higher in 1 year
Modelled chance the price is above today in 12 months
94%
Higher in 5 years
Modelled chance the price is above today in 5 years
75%
Doubles in 5 years
Modelled chance of reaching ₹36,104 within 5 years

The bull case for SOLARINDS

  • High return on equity (31.5%), the business compounds shareholder capital efficiently, the hallmark of a quality franchise.
  • Strong ROCE (36.8%) shows the core business earns well above its cost of capital.
  • A 10,000-path probability model puts a 77% chance the price is higher in a year, with a median target of ₹23,139 (+28%).
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹80,893.

The bear case & risks

  • A rich 99.5× P/E leaves a thin margin of safety if growth slows.
  • A steep 26.6× price-to-book means most of the value is intangible/expectations, not assets on the books.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹17,439.

SOLARINDS volatility & expected range, how bumpy is the ride?

Over the last 2.0 years SOLARINDS compounded at 30%/year with annualized volatility of 34%. That volatility implies a 1-year 80% range of ₹14,823₹35,790, the honest backbone behind any single price target.

SOLARINDS price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 2.0 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
28.2%
80% range₹14,823–₹35,790
P(price ↑)77%
P(price 2×)10%
3-Year Forecast
2029
₹0
Median (P50)
109.0%
80% range₹17,439–₹80,893
P(price ↑)89%
P(price 2×)53%
5-Year Forecast
2031
₹0
Median (P50)
239.7%
80% range₹22,717–₹1,62,535
P(price ↑)94%
P(price 2×)75%

SOLARINDS price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
SOLARINDS simulated paths · 60 months · 10,000 trials
P10–P90 (80%)P25–P75 (50%)Median (P50)

Probability of key outcomes

What are the odds SOLARINDS hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the SOLARINDS price target & forecast page.

SOLARINDS Piotroski F-Score: 4/9, how financially strong is it?

4/9

The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. SOLARINDS scores 4/9,mixed financial health.

SOLARINDS MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

Margin Trading Facility lets you buy SOLARINDS with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox31.3%3.2×
Zerodha26.7%3.7×
DhanCHEAPEST24.3%4.1×

Compare every broker on the SOLARINDS MTF page.

SOLARINDS vs peers,sector comparison

StockP/EDiv yieldMarket cap
SOLARINDS (this stock)99.5×0.06%₹1.67L Cr
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr
INFY14.4×4.51%₹4.32L Cr
ICICIBANK17.9×0.81%₹9.70L Cr
SBIN11.5×1.67%₹9.61L Cr

About Solar Industries (India): sector, index & market-cap context

Solar Industries (India) (SOLARINDS) is a large-cap NSE-listed company, and a constituent of the Nifty 50 index group, with a market capitalisation of ₹1.67L Cr. See more Nifty 50 stocks.

How the SOLARINDS Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Solar Industries (India)'s public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

SOLARINDS analysis, FAQs

Is Solar Industries (India) (SOLARINDS) a good buy?

On the numbers, Solar Industries (India) (SOLARINDS) worth a closer look, a Downstox Snapshot Score of 60/100, weighing expensive at 99.5× earnings, ROE of 31.5%, a 77% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is SOLARINDS overvalued or undervalued?

SOLARINDS trades at 99.5× earnings versus a peer median of 15.9×, so it screens richer than its sector peers.

What is the SOLARINDS share price target for 2031?

SOLARINDS's probability-weighted 2031 median target is ₹61,331, with an 80% range of ₹22,717₹1,62,535 (10,000-path Monte-Carlo).

What is the probability SOLARINDS doubles in 5 years?

The modelled probability of SOLARINDS reaching ₹36,104 (2×) within 5 years is 75%.

What is the bull case for SOLARINDS?

High return on equity (31.5%), the business compounds shareholder capital efficiently, the hallmark of a quality franchise. Strong ROCE (36.8%) shows the core business earns well above its cost of capital. A 10,000-path probability model puts a 77% chance the price is higher in a year, with a median target of ₹23,139 (+28%).

What are the risks in SOLARINDS?

A rich 99.5× P/E leaves a thin margin of safety if growth slows. A steep 26.6× price-to-book means most of the value is intangible/expectations, not assets on the books.

More on SOLARINDS