About Solar Industries
Solar Industries is a company based in Nagpur (India) founded in 1995 by Kailashchandra Nuwal and Satyanarayan Nandlal Nuwal. The company has 7,040 employees as of March 31, 2024. Solar Industries operates in a competitive market with competitors including Nammo, FN Herstal, Sellier & Bellot, Solar Group and True Velocity, among others.
- Headquarter Nagpur, India
- Employees 7040 as on 31 Mar, 2024
- Founders Kailashchandra Nuwal, Satyanarayan Nandlal Nuwal
- Stage Public
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Sectors
Aerospace, Defense & Maritime
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Email
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Phone
*********
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Website
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Social
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- Legal Name Solar Industries India Limited
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Annual Revenue
$868.16 M (USD)24.27as on Mar 31, 2025
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Net Profit
$141.51 M (USD)44.68as on Mar 31, 2025
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EBITDA
$224.74 M (USD)20.3as on Mar 31, 2025
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Latest Funding Round
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Investors
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Employee Count
7040
as on Mar 31, 2024
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IPO & Listings of Solar Industries
Solar Industries is a publicly listed company on the NSE with ticker symbol SOLARINDS in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Solar Industries
Investments & Acquisitions by Solar Industries
Financial Statements - Solar Industries
Solar Industries Comparisons
Competitors of Solar Industries
Solar Industries operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nammo, FN Herstal, Sellier & Bellot, Solar Group and True Velocity, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ammunition and rocket motors supplied to military and civilian sectors.
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| domain | founded_year | HQ Location |
Collaboration among single-family offices is facilitated through a secure network.
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| domain | founded_year | HQ Location |
Sellier & Bellot is engaged in ammunition manufacturing since 1825.
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| domain | founded_year | HQ Location |
Defense and industrial explosives are manufactured for various sectors.
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| domain | founded_year | HQ Location |
Ammunition products are manufactured and supplied by True Velocity.
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| domain | founded_year | HQ Location |
Precision bullets are manufactured by Sierra Bullets for reloading applications.
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Frequently Asked Questions about Solar Industries
Solar Industries was founded in 1995.
Solar Industries is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.
As of Mar 31, 2024, the latest employee count at Solar Industries is 7,040.
Annual revenue of Solar Industries is $868.16M as on Mar 31, 2025.
Solar Industries was established in 1995 and is headquartered in Nagpur, India. Explosives are produced for both defense and industrial applications, serving sectors that require specialized materials for mining, construction, and military purposes. Operations focus on manufacturing and supply within these domains, with key leadership provided by co-founders Kailashchandra Nuwal and Satyanarayan Nandlal Nuwal, the latter serving as chairman.
Solar Industries's top competitors include Solar Group, True Velocity and Nammo.
Yes, Solar Industries is publicly traded on NSE under the ticker symbol SOLARINDS.
The ticker symbol of Solar Industries is SOLARINDS on NSE.