Solar Industries India Balance Sheet
- Market cap
- ₹1.81 lakh crore
- P/E
- 90.9
- P/B
- 28.82
- ROE
- 31.4%
- Dividend yield
- 0.06%
As of Mar 2022, Solar Industries India had total assets of ₹13,700 crore and borrowings of ₹1,200 crore, against shareholders' equity of ₹9,000 crore — a debt-to-equity ratio of 0.13. Borrowings rose 0.44% from Mar 2023.
Solar Industries India balance sheet
As at each financial year end, newest first. H1 = half-year.
| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 500 | 18.1 | 18.1 | 18.1 | 18.1 |
| Reserves | 8,500 | 1,682 | 2,393 | 3,447 | 4,977 |
| Borrowings | 1,200 | 1,195 | 1,368 | 1,370 | 1,809 |
| Other liabilities | 3,500 | 1,091 | 942 | 2,355 | 2,560 |
| Total liabilities | 13,700 | 5,036 | 5,737 | 8,298 | 10,919 |
| Fixed assets | 6,500 | 2,061 | 2,542 | 3,448 | 4,900 |
| Capital work in progress | 400 | 100 | 100 | 100 | 100 |
| Investments | 2,500 | 1,007 | 1,147 | 1,660 | 2,184 |
| Other assets | 4,300 | 1,511 | 1,721 | 2,489 | 3,276 |
| Total assets | 13,700 | 5,036 | 5,737 | 8,298 | 10,919 |
Balance sheet ratios
- Debt to equity
- 0.13
Source: Company filings (consolidated), in ₹ crore. Data as of 7 October 2026. How this data is compiled.
Solar Industries India balance sheet — frequently asked questions
What is the total debt of Solar Industries India?
Solar Industries India reported borrowings of ₹1,200 crore as of Mar 2022, compared with ₹1,195 crore as of Mar 2023.
What is Solar Industries India's debt-to-equity ratio?
Based on the Mar 2022 balance sheet, Solar Industries India's debt-to-equity ratio is 0.13 — borrowings of ₹1,200 crore against equity capital and reserves of ₹9,000 crore.
What are Solar Industries India's total assets?
Solar Industries India's total assets were ₹13,700 crore as of Mar 2022, including fixed assets of ₹6,500 crore and investments of ₹2,500 crore.
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Figures are for information only and are not investment advice or a recommendation to buy, sell or hold any security. Investments in securities are subject to market risks; read all related documents carefully before investing.