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Solar Industries India stock: growth
SOLARINDS.NSSolar Industries India reported $1.05B in revenue for fiscal 2026, up 30.5% on the prior year, up 31.4% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
22.6%
per year from 2007 to 2026, per share 22.3%
Earnings (Annual rate)
26.5%
per year from 2007 to 2026, per share 26.2%
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2007 | |
|---|---|---|---|
| Revenue | 31.4% | 21.1% | 22.6% |
| Revenue per share | 31.4% | 21.1% | 22.3% |
| Earnings | 43.4% | 26.0% | 26.5% |
| Earnings per share | 43.4% | 26.2% | 26.2% |
| Free cash flow | no data | no data | no data |
| Free cash flow per share | no data | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2007 | $21.91M | $2.04M | −$1.11M |
| 2008 | $29.86M | $3.84M | −$581.19K |
| 2009 | $51.85M | $4.69M | $7.65M |
| 2010 | $59.25M | $6.23M | $1.97M |
| 2011 | $76.83M | $8.04M | −$6.74M |
| 2012 | $102.84M | $10.76M | −$9.38M |
| 2013 | $119.24M | $12.36M | −$1.1M |
| 2014 | $120.42M | $12.59M | $890.03K |
| 2015 | $143.69M | $15.67M | $9.67M |
| 2016 | $153.97M | $17.66M | $7.04M |
| 2017 | $167.93M | $19.71M | $98.85K |
| 2018 | $203.66M | $23.44M | $7.15M |
| 2019 | $261.64M | $27.81M | $622.85K |
| 2020 | $237.8M | $28.42M | $8.9M |
| 2021 | $267.38M | $29.37M | $9.75M |
| 2022 | $419.59M | $46.9M | $1.1M |
| 2023 | $735.79M | $80.48M | $18.85M |
| 2024 | $645.12M | $88.85M | $76.98M |
| 2025 | $801.44M | $128.55M | $155.35M |
| 2026 | $1.05B | $178.3M | −$132.32M |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 10 Apr 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.