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SOLAR INDUSTRIES INDIA
3.7
based on 404 Reviews
Video summary
Company Overview
Company Locations
Working at SOLAR INDUSTRIES INDIA
Company Summary
Produces industrial explosives and ammunition, emphasizing safety and sustainability within the defense and mining sectors.
Overall Rating
3.7/5
based on 404 reviews
7% below
industry average
Highly rated for
Job security
Critically rated for
Promotions, Work satisfaction, Salary
Work Policy
Work from office
90% employees reported
Monday to Saturday
70% employees reported
Strict timing
60% employees reported
No travel
46% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
34 employees reported
Job/Soft skill training
14 employees reported
Health insurance
13 employees reported
International/On-site exposure
6 employees reported
View all benefits
About SOLAR INDUSTRIES INDIA
Founded in1995 (30 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersNagpur, Maharashtra, India
Office Locations
--
Websitesolargroup.com
Primary Industry
Other Industries
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View in video summary
Founded by visionary Shri Satyanarayan Nandlal Nuwal, Solar Group has evolved from a single site manufacturing company in 1995 to a globally recognised Industrial Explosives manufacturer today.With our extensive experience, expertise and potential founded on our years of experience in the Industrial Explosives segment, we have entered into Defence and setup one of the world’s most integrated facilities for Ammunition.Our innovation edge is rooted in a strategic blend of talented manpower and technological prowess. We bank on our rich experience to create sustainable value and intend to accelerate towards excellence at an impressive pace.We employ a comprehensive suite of robust best practice policies, and are committed to the safety, health, and wellbeing of our people, communities and the environment.
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SOLAR INDUSTRIES INDIA Ratings
based on 404 reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
158
4
104
3
75
2
20
1
47
Category Ratings
3.9
Job security
3.5
Work-life balance
3.4
Skill development
3.3
Company culture
3.3
Salary
3.2
Work satisfaction
3.0
Promotions
SOLAR INDUSTRIES INDIA is rated 3.7 out of 5 stars on AmbitionBox, based on 404 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at SOLAR INDUSTRIES INDIA
based on 393 reviews
3.6
Rated by 33 Women
Rated 3.7 for Job security and 3.2 for Company culture
3.7
Rated by 360 Men
Rated 3.9 for Job security and 3.5 for Work-life balance
Work Policy at SOLAR INDUSTRIES INDIA
based on 95 reviews in last 6 months
Work from office
90%
Hybrid
6%
Permanent work from home
4%
SOLAR INDUSTRIES INDIA Reviews
Top mentions in SOLAR INDUSTRIES INDIA Reviews
+ 5 more
Compare SOLAR INDUSTRIES INDIA with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 404 reviews | 3.8/5 based on 44 reviews | 4.4/5 based on 258 reviews | 2.3/5 based on 6 reviews |
Highly Rated for | Job security | Job security Work satisfaction | Skill development Work-life balance Company culture | No highly rated category |
Critically Rated for | Promotions Work satisfaction Salary | Promotions Salary | No critically rated category | Skill development Work satisfaction Salary |
Primary Work Policy | Work from office 90% employees reported | - | Work from office 81% employees reported | - |
Rating by Women Employees | 3.6 Good rated by 33 women | 4.2 Good rated by 2 women | 4.5 Good rated by 40 women | 4.0 Good rated by 1 women |
Rating by Men Employees | 3.7 Good rated by 360 men | 3.8 Good rated by 40 men | 4.3 Good rated by 199 men | 2.2 Poor rated by 5 men |
Job security | 3.9 Good | 3.8 Good | 3.8 Good | 2.6 Poor |
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SOLAR INDUSTRIES INDIA Salaries
SOLAR INDUSTRIES INDIA salaries have received with an average score of 3.3 out of 5 by 404 employees.
Executive Production
(131 salaries)
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₹2.3 L/yr - ₹5.5 L/yr
Production Supervisor
(77 salaries)
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₹1.8 L/yr - ₹4.5 L/yr
Senior Supervisor
(67 salaries)
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₹2.8 L/yr - ₹5 L/yr
Supervisor
(65 salaries)
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₹1.2 L/yr - ₹4.2 L/yr
Executive Engineer
(42 salaries)
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₹3 L/yr - ₹5 L/yr
Deputy Manager
(39 salaries)
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₹5 L/yr - ₹9.2 L/yr
Senior Chemist
(30 salaries)
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₹3 L/yr - ₹4.5 L/yr
Executive Accountant
(27 salaries)
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₹2.1 L/yr - ₹6 L/yr
Maintenance Executive
(21 salaries)
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₹2.4 L/yr - ₹4.6 L/yr
Production Engineer
(20 salaries)
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₹2.2 L/yr - ₹4.2 L/yr
SOLAR INDUSTRIES INDIA Interview Questions
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SOLAR INDUSTRIES INDIA Jobs
Popular Designations SOLAR INDUSTRIES INDIA Hires for
Shift Supervisor
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Project Executive
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Senior Chemist
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Maintenance Supervisor
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Store Supervisor
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Purchase Executive
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Production Incharge
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Production Supervisor
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Executive SCM
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Security Administrator
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SOLAR INDUSTRIES INDIA News
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Movers & Shakers: Stocks that will see action this week
- Birlasoft's stock is at a crucial long-term support of ₹380, which may result in a short-term rally to ₹480 for traders.
- PI Industries' stock is expected to resume the downtrend, and traders can short it at ₹3,290 with a target of ₹2,800.
- Solar Industries India's stock has turned positive with support at ₹8,500. It can rally towards ₹12,400 in the coming weeks.
HinduBusinessLine | 16 Mar, 2025
Solar Industries' Shares Can Rally 55% Says ICICI Securities, Maintaining 'Buy' — Here's Why
- ICICI Securities believes that Solar Industries' shares have the potential to rally 55%.
- The growth is expected to be driven by high-margin segments and the company may move up the value chain.
- Solar Industries' capex over the next five years is projected to be around Rs 130-150 billion.
- The brokerage maintains a 'Buy' rating with an unchanged target price of Rs 13,720 based on potential in the ecosystem and orderbook.
Bloomberg Quint | 25 Feb, 2025
Stock Market Live: Gift Nifty Trades Above 23,700 Ahead Of RBI MPC Meet
- The futures contract based on the benchmark Nifty 50 rose 0.23% or 55 points at 23,722.50 as of 7:30 a.m., indicating a likely higher start at market open.
- HSBC maintains a Buy rating on Bharti Airtel and expects mobile average revenue per user (ARPU) to reach Rs 301 by FY27, forecasting positive performance due to margin expansion and improving invested capital turnover.
- JSW Energy's subsidiary, JSW Neo Energy, has signed a power purchase agreement with Amazon to supply 180 MW of wind power.
- Solar Industries (India) Ltd. subsidiary, Economic Explosives, has signed a contract worth Rs 6,084 crore with the Ministry of Defence to supply defence products and has been nominated as the production agency for all variations of the Pinaka Rocket System by the Defence Research and Development Organisation.
Bloomberg Quint | 7 Feb, 2025
NBCC, Torrent Power, Gland Pharma F&O Contracts To Start Trading From Jan. 31
- The futures and options contract of six securities, including NBCC (India) Ltd., Torrent Power Ltd., and Gland Pharma Ltd., will begin trading from Jan. 31.
- Castrol India Ltd., the Phoenix Mills Ltd., and Solar Industries India Ltd. will also be part of the derivative segment.
- The move aims to deepen market participation, enhance price discovery, and improve market liquidity.
- To be included in the derivatives segment, a stock must meet certain criteria, including a maximum market-wide position limit of Rs 300 crore.
Bloomberg Quint | 7 Jan, 2025
Stocks To Buy: BEL, Solar Industries, Azad Engineering Among ICICI Securities' Top Defence Picks, Here's Why
- ICICI Securities has listed BEL, Solar Industries, and Azad Engineering among its top defence picks.
- The brokerage highlights that the ahead of time order inflow is a big positive for the defence space.
- The Cabinet Committee of Security has approved two orders worth Rs 211 billion, benefiting HAL and L&T.
- NDTV Profit's special research section offers quality and in-depth equity and economy research reports.
Bloomberg Quint | 16 Dec, 2024
Stock Recommendations Today: Hold IRFC, Add Jamna Auto, Buy Solar Industries, Say Market Experts
- According to Vaishali Parekh, vice president of technical research at Prabhudas Lilladher Pvt., Pix Transmissions Ltd. should be held with a stop-loss of Rs 2,500.
- Parekh recommends continuing to hold Indian Railway Finance Corp (IRFC) with a stop loss of Rs 135. She believes that once the momentum comes in, it can hit a target of Rs 170-180.
- For Jamna Auto, Parekh suggests accumulating at Rs 100-120 and considers Rs 100 as a good support level. She advises adding the stock, as the risk-reward ratio is attractive at current levels.
- Solar Industries Ltd. is recommended to be bought at current levels by Shahina Mukadam, managing partner at Valuewise Investor Relations LLP. Despite a recent correction in share price, Mukadam expects a bounce back.
Bloomberg Quint | 4 Dec, 2024
Defence Stocks To Buy: BEL, Solar Industries Among Others Gets Buy As DAC Approves AoNs Worth Rs 21,800 Crore
- The Defence Acquisition Council (DAC) has approved the procurement of 40 ships worth around Rs 21,800 crore.
- ICICI Securities assigns a 'Buy' rating to defence stocks such as Bharat Electronics, Astra Microwave, and Solar Industries.
- The target prices for these stocks are recommended to be checked.
- NDTV Profit offers subscribers in-depth research reports from top brokerages, asset managers, and research agencies.
Bloomberg Quint | 4 Dec, 2024
Solar Industries Get A 'Buy' From ICICI Securities, Sees Upto 25%; Here's Why
- ICICI Securities reiterates its valuation multiple of 65 times as margins are expected to improve earnings growth of 40–45% p.a. on average is in store over next two years.
- The award of export order worth Rs 20.4 billion reaffirms the brokerage's view that defence’s contribution is likely to swell in Solar Industries’ overall revenue mix.
- Solar Industries India Ltd. manufactures UAS and Drones.
- Solar Industries receives a 'Buy' recommendation from ICICI Securities, with a potential upside of up to 25%.
Bloomberg Quint | 4 Dec, 2024
Solar Industries Share Price Surges After Rs 2,039-Crore Order Win
- Solar Industries India Ltd. has received export orders worth Rs 2,039 crore for the supply of defence products.
- The orders will be delivered over four years.
- The identity of the international client and the nature of the defence products were not disclosed.
- Solar Industries stock rose over 10% in response to the news.
Bloomberg Quint | 3 Dec, 2024
Solar Industries Gets Rs 2,039-Crore Export Orders For Defence Products
- Solar Industries India Ltd. has received export orders worth Rs 2,039 crore for defence products from international clients.
- The orders are to be fulfilled over a four-year period.
- The identity of the international client and the exact nature of the defence products involved were not disclosed.
- Solar Industries confirmed no conflicts of interest and stated that the promoter group has no stake in the entity granting the orders.
Bloomberg Quint | 2 Dec, 2024
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SOLAR INDUSTRIES INDIA FAQs
When was SOLAR INDUSTRIES INDIA founded?
SOLAR INDUSTRIES INDIA was founded in 1995. The company has been operating for 30 years primarily in the Defence & Aerospace sector.
Where is the SOLAR INDUSTRIES INDIA headquarters located?
SOLAR INDUSTRIES INDIA is headquartered in Nagpur, Maharashtra.
How many employees does SOLAR INDUSTRIES INDIA have in India?
SOLAR INDUSTRIES INDIA currently has more than 1,800+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in SOLAR INDUSTRIES INDIA based on the number of reviews submitted on AmbitionBox.
Does SOLAR INDUSTRIES INDIA have good work-life balance?
SOLAR INDUSTRIES INDIA has a Work-Life Balance Rating of 3.5 out of 5 based on 400+ employee reviews on AmbitionBox. 65% employees rated SOLAR INDUSTRIES INDIA 4 or above, while 35% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read SOLAR INDUSTRIES INDIA work-life balance reviews for more details
Is SOLAR INDUSTRIES INDIA good for career growth?
Career growth at SOLAR INDUSTRIES INDIA is rated as moderate, with a promotions and appraisal rating of 3.0. 35% employees rated SOLAR INDUSTRIES INDIA 3 or below, while 65% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading SOLAR INDUSTRIES INDIA promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in SOLAR INDUSTRIES INDIA?
Working at SOLAR INDUSTRIES INDIA comes with several advantages and disadvantages. It is highly rated for job security. However, it is poorly rated for promotions / appraisal, work satisfaction and salary & benefits, based on 400+ employee reviews on AmbitionBox.
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