Solar Industries India balance sheet

As of Mar 2026

Total assets: ₹10,919cr+32.2% on Mar 2025
Shareholders' equity: ₹6,549cr+44.4% on Mar 2025
Total debt: ₹1,468cr+56.2% on Mar 2025
Cash and investments: ₹469cr−58.1% on Mar 2025

₹ crore except per share

Tap a line for its trend	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets					FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	3,716	2,470	1,919	1,614
	692	703	487	279
	171	111	29.8	10.7
	58.7	112	41.6	77.1
	39.0	3.6	39.6	2.6
	37.0	36.4	0.0	—
	146	111	156	78.5
	35.4	32.6	32.6	17.1
	266	144	114	159
	447	288	303	255
	186	175	160	128
	535	236	99.6	168
	5,881	4,135	3,080	2,535
	1,742	1,040	847	1,098
	0.0	529	213	20.0
	1,858	1,239	845	825
	469	590	260	245
	115	135	27.4	15.1
	3.6	2.1	3.2	11.8
	138	168	154	36.7
	2,583	2,664	1,503	1,154
	712	419	299	250
	5,037	4,123	2,657	2,501
	—	4.0	—	—
	10,919	8,261	5,737	5,036
Equity
	18.1	18.1	18.1	18.1
	6,259	4,368	3,288	2,592
	6,277	4,386	3,306	2,610
	272	150	122	140
	6,549	4,537	3,427	2,751
Liabilities
	820	394	584	473
	38.2	993	—	19.0
	859	1,387	584	492
	2.9	5.3	3.4	2.6
	272	219	198	159
	788	0.0	23.8	—
	1,921	1,611	809	653
	647	546	521	697
	632	493	553	488
	435	571	116	75.1
	1,714	1,609	1,191	1,260
	39.8	23.9	15.5	14.2
	21.6	53.0	277	62.8
	674	428	18.7	295
	2,449	2,114	1,501	1,632
	4,370	3,725	2,310	2,286
	10,919	8,261	5,737	5,036
Assets — additional as-filed lines
	—	0.0	8.9	—
Trade payables — MSME split
	81.3	0.0	—	—
	550	493	—	—

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

SOLARINDS₹19,430.00

Solar Industries India Ltd.

· Chemicals

₹ CrorePeersPIDILITIND SRF UPL COROMANDEL PIIND BASF FINEORG VINATIORGAMcap ₹1.76L Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Non-current Assets
+ Property, Plant & Equipment	1,614.0	1,919.1	2,469.8	3,715.8	3,715.8
+ Capital Work-in-Progress	279.4	487.4	703.4	691.8	691.8
+ Goodwill	10.7	29.8	110.6	170.5	170.5
+ Other Intangibles	77.1	41.6	111.6	58.7	58.7
+ Intangibles under Development	2.6	39.6	3.6	39.0	39.0
+ Investments (Equity Method)	—	0.0	36.4	37.0	37.0
+ Non-current Investments	78.5	156.5	111.0	145.7	145.7
+ Long-term Loans	17.1	32.6	32.6	35.4	35.4
+ Other Non-current Financial Assets	159.4	113.6	144.2	266.2	266.2
Non-current Financial Assets	255.1	302.6	287.7	447.3	447.3
+ Deferred Tax Assets	127.5	160.2	175.4	185.8	185.8
+ Other Non-current Assets	168.5	99.6	236.4	535.2	535.2
Total Non-current Assets	2,534.9	3,079.9	4,134.8	5,881.0	5,881.0
Current Assets
+ Inventories	1,098.0	846.8	1,040.0	1,741.9	1,741.9
+ Current Investments	20.0	213.4	529.0	0.0	0.0
+ Trade Receivables	825.3	844.9	1,238.6	1,857.9	1,857.9
+ Cash & Cash Equivalents	245.0	259.9	590.4	469.4	469.4
+ Other Bank Balances	15.1	27.4	135.1	114.7	114.7
+ Short-term Loans	11.8	3.2	2.1	3.6	3.6
+ Other Current Financial Assets	36.7	154.3	168.5	137.6	137.6
Current Financial Assets	1,153.8	1,503.1	2,663.6	2,583.1	2,583.1
+ Other Current Assets	249.6	298.5	419.0	712.5	712.5
Total Current Assets	2,501.4	2,657.3	4,122.5	5,037.5	5,037.5
+ Assets Held for Sale	—	—	4.0	—	—
Total Assets	5,036.3	5,737.2	8,261.3	10,918.5	10,918.5
Equity
+ Equity Share Capital	18.1	18.1	18.1	18.1	18.1
+ Other Equity / Reserves	2,592.2	3,287.5	4,368.2	6,259.1	6,259.1
Equity — Owners of Parent	2,610.3	3,305.6	4,386.3	6,277.2	6,277.2
+ Minority Interest	140.4	121.7	150.3	271.7	271.7
Total Equity	2,750.7	3,427.3	4,536.6	6,548.9	6,548.9
Liabilities
+ Borrowings — Non-current	472.7	583.6	393.9	820.4	820.4
+ Other Non-current Financial Liab	19.0	—	992.6	38.2	38.2
Non-current Financial Liabilities	491.7	583.6	1,386.5	858.5	858.5
+ Provisions — Non-current	2.6	3.4	5.3	2.9	2.9
+ Deferred Tax Liabilities	158.9	197.8	219.0	271.5	271.5
+ Other Non-current Liabilities	—	23.8	0.0	787.8	787.8
Non-current Liabilities	653.2	808.5	1,610.8	1,920.7	1,920.7
+ Borrowings — Current	696.5	521.4	545.7	647.5	647.5
+ Trade Payables	488.5	552.7	492.5	631.7	631.7
+ Other Current Financial Liab	75.1	116.5	571.0	434.6	434.6
Current Financial Liabilities	1,260.1	1,190.6	1,609.2	1,713.9	1,713.9
+ Provisions — Current	14.2	15.5	23.9	39.8	39.8
+ Current Tax Liabilities	62.8	276.7	53.0	21.6	21.6
+ Other Current Liabilities	295.2	18.7	427.8	673.7	673.7
Current Liabilities	1,632.3	1,501.4	2,113.9	2,448.9	2,448.9
Total Liabilities	2,285.6	2,310.0	3,724.7	4,369.6	4,369.6
Total Equity & Liabilities	5,036.3	5,737.2	8,261.3	10,918.5	10,918.5
Assets — additional as-filed lines
+ Current Tax Assets	—	8.9	0.0	—	—
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	—	0.0	81.3	81.3
+ Dues to Other Creditors — Current	—	—	492.5	550.4	550.4

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.