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SOLAR INDUSTRIES INDIA LIMITED
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Updated: 08 Dec 2025
The company manufactures and supplies industrial explosives and explosive initiating devices.
Solar Industries India Limited, is a listed public company incorporated on 24 February, 1995. It is classified as a public limited company and is located in , Maharashtra. It's authorized share capital is INR 27.00 cr and the total paid-up capital is INR 18.10 cr.
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Industry and products
Business Services
- Industrial Explosives and Defence Explosives
Company size
₹ 27.0 Cr
₹ 18.1 Cr
₹ 4500-4750 cr
Auth Capital
Paidup Capital
Revenue
Key Metrics
** All rupee values in INR crores.
Total Revenue
20.25%
20.25%
EBITDA
31.44%
31.44%
Net Profit
34.68%
34.68%
Networth
30.71%
30.71%
Borrowings
-37.62%
-37.62%
Assets
37.11%
37.11%
Gross Margin
4.02
4.02
Operating Margin
2.17
2.17
Net Profit Margin
1.9
1.9
Return on Equity
0.78
0.78
ROCE
2.97
2.97
Debt to Equity
-0.07
-0.07
Sales
Mar 2025
Net worth
Mar 2025
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Locations
India
(41)
| State | Type | Address |
|---|
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People
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Whole-time Director | Milind Bhalchandra Deshmukh | 09256690 | 4 years |
| Director | Satyanarayan Nandlal Nuwal
Shareholder
|
00713547 | 31 years |
| Managing Director | Manish Satyanarayan Nuwal
Shareholder
|
00164388 | 17 years |
| Whole-time Director | Suresh Menon | 07104090 | 8 years |
| Director | Jagdish Chandra Belwal | 08644877 | 3 years |
| Additional Director | Viswanathan Lakshmanan | 00193056 | 0 years |
| Additional Director | Girija Balakrishnan | 06841071 | 0 years |
| Director | Dinesh Kumar Batra | 08773363 | 2 years |
Financial Highlights
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
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₹
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Financials upto March 2025 available in Tofler Pro
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
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Total assets
Charges on assets
Bank wise
Charges
1
Axis Trustee Services Limited
No. of Loans: 1
Total Amount : 1,290.7 cr
Charges
Axis Trustee Services Limited
Company Network
Companies connected through Directors
| Name | Status | Paid up Capital | Common Directors | Address |
|---|---|---|---|---|
| SOLAR INDUSTRIES LIMITED |
Amalgamated
|
75.0 L | 2 | Maharashtra |
| SOLAR MINING RESOURCES LIMITED |
Amalgamated
|
5.0 L | 2 | Maharashtra |
| SOLAR MINES & MINERALS LIMITED |
Amalgamated
|
5.0 L | 1 | Maharashtra |
| SOLAR CAPITALS LIMITED |
Amalgamated
|
6.0 Cr | 2 | Maharashtra |
| SUNBEAM EXPLOSIVES LIMITED |
Strike Off
|
5.0 L | 2 | Rajasthan |
| SUNRISE EXPLOSIVES LIMITED |
Strike Off
|
5.0 L | 2 | Rajasthan |
| SOLAR INITIATING SYSTEMS LIMITED |
Amalgamated
|
5.0 L | 2 | Maharashtra |
| MSN GLOBAL VENTURES LIMITED |
Active
|
5.0 L | 1 | Maharashtra |
| SUNDROP DEVELOPERS AND VENTURES LLP |
Active
|
10.0 L | 2 | Maharashtra |
| SOLAR AEROSPACE LIMITED |
Active
|
5.0 L | 1 | |
| SOLAR AVIONICS LIMITED |
Active
|
5.0 L | 1 | Maharashtra |
| MSN HOLDINGS LIMITED |
Active
|
45.0 Cr | 1 | Maharashtra |
| SOLAR DEFENCE AND AEROSPACE LIMITED |
Active
|
4.8 Cr | 2 | Maharashtra |
| VINYL CHEMICALS (INDIA) LIMITED |
Active
|
1.8 Cr | 1 | Maharashtra |
| PRANAVADITYA SPINNING MILLS LIMITED |
Amalgamated
|
19.2 Cr | 1 | Maharashtra |
| INDO COUNT INDUSTRIES LIMITED |
Active
|
39.6 Cr | 1 | Maharashtra |
| PHD CHAMBER OF COMMERCE AND INDUSTRY |
Active
|
0.0 | 1 | Delhi |
| RCOEM TECHNOLOGY BUSINESS INCUBATORS FOUNDATION |
Active
|
0.0 | 1 | Maharashtra |
| MAHAKAL INFRASTRUCTURES PRIVATE LIMITED |
Strike Off
|
50.0 L | 1 | Maharashtra |
| NAGPUR INFRASTRUCTURES PRIVATE LIMITED |
Active
|
20.0 L | 1 | Maharashtra |
| MAHAKAL PROJECT PRIVATE LIMITED |
Strike Off
|
50.0 L | 1 | Maharashtra |
| SOLAR COMPONENTS PRIVATE LIMITED |
Amalgamated
|
82.0 L | 1 | Maharashtra |
| INOX INDIA LIMITED |
Active
|
18.2 Cr | 1 | Gujarat |
| INOX INFRASTRUCTURE LIMITED |
Active
|
50.0 Cr | 1 | Maharashtra |
| I G PETROCHEMICALS LIMITED |
Active
|
30.8 Cr | 1 | |
| HERCULES HOISTS LIMITED |
Active
|
3.2 Cr | 1 | Maharashtra |
| GFL LIMITED |
Active
|
11.0 Cr | 1 | Maharashtra |
| LINGAMANENI LAND MARKS DEVELOPERS PRIVATE LIMITED |
Active
|
19.7 Cr | 1 | Andhra Pradesh |
| INOX INDIA LIMITED |
Active
|
18.2 Cr | 1 | Gujarat |
| INOX LEISURE LIMITED |
Amalgamated
|
122.3 Cr | 1 | Maharashtra |
| INDEF MANUFACTURING LIMITED |
Active
|
3.2 Cr | 1 | Maharashtra |
| SOLAR EXPLOCHEM LIMITED |
Active
|
9.5 Cr | 2 | Maharashtra |
| SOLAR DEFENCE LIMITED |
Active
|
50,000.0 | 1 | Maharashtra |
| SOLAR DEFENCE SYSTEMS LIMITED |
Active
|
5.0 L | 1 | Maharashtra |
| POM AND GO PRIVATE LIMITED |
Active
|
1.0 L | 1 | Maharashtra |
| FLOCKNGO INDIA PRIVATE LIMITED |
Active
|
1.0 L | 1 | Maharashtra |
| DIGISENTIO LLP |
Active
|
10,000.0 | 1 | Maharashtra |
| SUMMITAIF MANAGEMENT LLP |
Strike Off
|
2.0 L | 1 | Maharashtra |
| SOM DISTILLERIES AND BREWERIES LIMITED |
Active
|
41.6 Cr | 1 | Delhi |
| PRECISION ELECTRONICS LIMITED |
Active
|
13.8 Cr | 1 | Delhi |
| SAMRIDDHI AUTOMATIONS PRIVATE LIMITED |
Active
|
61.2 L | 1 | Delhi |
| M K U LIMITED |
Active
|
4.8 Cr | 1 | Uttar Pradesh |
Subsidiary Companies
| Name | State / Country | Incorporation Year | Paidup Capital |
|---|---|---|---|
| SOLAR DEFENCE AND AEROSPACE LIMITED | Maharashtra | 1995 | ₹ 4.8 Cr |
| EMUL TEK PRIVATE LIMITED | 2000 | ₹ 14.0 Cr | |
| SOLAR AVIONICS LIMITED | Maharashtra | 2020 | ₹ 5.0 L |
| SOLAR DEFENCE LIMITED | Maharashtra | 2016 | ₹ 50,000.0 |
| SOLAR DEFENCE SYSTEMS LIMITED | Maharashtra | 2016 | ₹ 5.0 L |
| SOLAR EXPLOCHEM LIMITED | Maharashtra | 2022 | ₹ 9.5 Cr |
| SOLAR AEROSPACE LIMITED | 2024 | ₹ 5.0 L | |
| Solar Overseas Mauritius Limited | Mauritius | - | - |
| Solar Overseas Singapore Pte Ltd | Singapore | - | - |
| Solar Overseas Netherlands Cooperative U.A. | Netherlands | - | - |
| Solar Overseas Netherlands B.V. | Netherlands | - | - |
| Solar Industries Africa Limited | Mauritius | - | - |
| Solar Explochem Zambia Limited | Zambia | - | - |
| Solar Nigachem Limited (Formerly Known As Nigachem Nigeria Limited) | Nigeria | - | - |
| Solar Patlayici Maddeler Sanayi Ve Ticaret Anonim Sirketi | Turkey | - | - |
| Solar Mining Services Pty Limited, South Africa | South Africa | - | - |
| P.T. Solar Mining Services | Indonesia | - | - |
| Solar Mining Services Pty Limited | Australia | - | - |
| Solar Nitro Zimbabwe Private Limited | Zimbabwe | - | - |
| Solar Mining Services Cote d’Ivoire Limited SARL | Cote D'Ivoire | - | - |
| Solar Nitro chemicals Limited | Tanzania, United Republic Of | - | - |
| Solar Nitro Ghana Limited | Ghana | - | - |
| Solar Madencilik Hizmetleri A.S | Turkey | - | - |
| Solar Mining Services Burkina Faso SARL | Burkina Faso | - | - |
| Solar Mining Services Albania | Albania | - | - |
| Solar Venture Company Limited | Tanzania, United Republic Of | - | - |
| Solar Nitro SARL | Cote D'Ivoire | - | - |
| Solar Nitro (SL) Limited | Sierra Leone | - | - |
| Solar Nitro Kazakhstan Limited | Kazakhstan | - | - |
| Power Blast LLP | Kazakhstan | - | - |
| Maxigear(Pty) Ltd | South Africa | - | - |
| Frag Shared Services (Pty) Ltd | South Africa | - | - |
| Procapture (Pty) Ltd | South Africa | - | - |
| Problast BS (Pty) Ltd | South Africa | - | - |
| Problast BBBEE Investment Co. (Pty) Ltd | South Africa | - | - |
| Solar Overseas Netherlands Cooperative U.A | Netherlands | - | - |
| Solar Overseas Netherlands B.V | Netherlands | - | - |
| Solar Nigachem Limited (Formerly known as Nigachem Nigeria Limited | Nigeria | - | - |
| Solar Mining Services Pty Ltd, Australia | Australia | - | - |
| Solar Nitro Zimbabwe (Private) Limited | Zimbabwe | - | - |
| Solar Venture Company Limited (Formerly known as Laghe Venture Company Limited) | Tanzania, United Republic Of | - | - |
| ASTRA Resources Pty Limited | South Africa | - | - |
| RAJASTHAN EXPLOSIVES AND CHEMICALS LIMITED | 1979 | ₹ 59.7 Cr |
Tofler Score
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Risk
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- No risks identified
Moderate Risk
- No risks identified
Low Risk
- No risks identified
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Registered Details
CIN
L74999MH1995PLC085878PAN
AACCS2132EIncorporation
1995, 30.9 yearsCompany Email
cs[at]solargroup[dot]comPaid up Capital
₹ 18.1 CrAuthorised Capital
₹ 27.0 CrAGM
Jul 2025Type
Public
Others
FAQ - SOLAR INDUSTRIES INDIA LIMITED
What is the incorporation date of SOLAR INDUSTRIES INDIA LIMITED?
The incorporation date of SOLAR INDUSTRIES INDIA LIMITED is 24 February, 1995
What is the authorized share capital of SOLAR INDUSTRIES INDIA LIMITED?
The authorized share capital of SOLAR INDUSTRIES INDIA LIMITED is INR ₹ 27.0 Cr.
What is the paid-up capital of SOLAR INDUSTRIES INDIA LIMITED?
The paid-up capital of SOLAR INDUSTRIES INDIA LIMITED is INR ₹ 18.1 Cr.
What is the registered address of SOLAR INDUSTRIES INDIA LIMITED?
The registered address of SOLAR INDUSTRIES INDIA LIMITED is SolarHouse14,Kachimet,AmravatiRoad, Nagpur, Nagpur, Maharashtra, India, 440023 - 440023
What is the CIN number of SOLAR INDUSTRIES INDIA LIMITED?
The CIN number of SOLAR INDUSTRIES INDIA LIMITED is L74999MH1995PLC085878.
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