Solar Industries Ltd

There is always a good entry point depends on individual risk appetite and investment strategy .

Following Makes it lucrative : 1) Solar industries announced that it has successfully demonstrated its prototypes of Weaponized Drones (Hexacopter) and Loitering Munitions and become the first Indian firm to do so.
2) Solar Industries is a world leader in packaged explosives and accessories.

  1. It is developing an array of drones for ammunition delivery to bring a new capability to Indian armed forces.

  2. It has one of the largest production facilities for HMX & its compositions in the world. So far India was dependent on imports of these products but , these items are now being exported to many countries including the USA, Europe & Israel.

  3. Compounded Sales Growth
    10 Years: 21%
    5 Years: 29%
    3 Years: 46%
    TTM: 75%

  4. Compounded Profit Growth
    10 Years: 20%
    5 Years: 28%
    3 Years: 41%
    TTM: 71%

  5. Return on Equity
    10 Years: 24%
    5 Years: 25%
    3 Years: 27%
    Last Year: 33%

  6. Valuation is on the bit higher side. But you will have to pay for the business in this sector who has strong Moat.

  7. The stock has multiplied by almost 75 times. Way more to go .

Disc : Invested and Biased

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