Solar Industries India (BOM:532725) Receivables Turnover: 1.97 (As of Jun. 2026)

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BOM:532725 Solar Industries India Ltd BOM:532725
96 GF Score
Price ₹22,390.00
GF Value ₹19,878.66
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Solar Industries India Receivables Turnover?

Solar Industries India BOM:532725 +0.38% 96 Receivables Turnover is 1.97 as of Jun. 2026. GuruFocus rates BOM:532725 with a GF Score™ of 96/100 and a GF Value™ of ₹19,878.66 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,587 Chemicals companies, Solar Industries India ranks better than 68.81% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Solar Industries India's Revenue for the three months ended in Jun. 2026 was ₹36,682 Mil. Solar Industries India's average Accounts Receivable for the three months ended in Jun. 2026 was ₹18,579 Mil. Hence, Solar Industries India's Receivables Turnover for the three months ended in Jun. 2026 was 1.97.


Solar Industries India  (BOM:532725) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Solar Industries India Receivables Turnover Related Terms


Solar Industries India Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Solar Industries India's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Solar Industries India Receivables Turnover Chart

Solar Industries India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.68 9.91 7.08 7.07 6.21

Solar Industries India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.74 1.49 1.83 1.64 1.97

BOM:532725 vs LIN, SHW, ECL: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, Solar Industries India's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Solar Industries India Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Solar Industries India's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Solar Industries India's Receivables Turnover falls into.


BOM:532725
96GF Score
Solar Industries India Ltd BOM:532725
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Solar Industries India Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Solar Industries India's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=96118.7 / ((12385.8 + 18578.6) / 2 )
=96118.7 / 15482.2
=6.21

Solar Industries India's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=36682 / ((18578.6 + 0) / 1 )
=36682 / 18578.6
=1.97

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.97 mean?
Solar Industries India (BOM:532725) has a Receivables Turnover of 1.97 as of Jun. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Solar Industries India and its competitors. According to the industry distribution chart, Solar Industries India ranks #495 out of 1587 companies in the Chemicals industry, placing it in the top 31.2%.
Is Solar Industries India's Receivables Turnover too high?
Solar Industries India's current Receivables Turnover is 1.97. The Chemicals industry median Receivables Turnover is 5.77. Solar Industries India's value of 1.97 is 65.9% below this industry median. Based on the distribution chart, Solar Industries India ranks #495 out of 1587 companies in the Chemicals industry, which is above the industry midpoint. Overall, Solar Industries India has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Solar Industries India's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Solar Industries India ranks #495 out of 1587 companies for Receivables Turnover. This puts Solar Industries India in the upper half of its industry. The industry median Receivables Turnover is 5.77. Solar Industries India's value of 1.97 is 65.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.77, based on 1,587 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Solar Industries India's current Receivables Turnover of 1.97 is 65.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Solar Industries India and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Industries India's current Receivables Turnover is 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Industries India stock overvalued right now?
Based on GuruFocus' analysis, Solar Industries India (BOM:532725) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹19,878.66, compared to a current price of ₹22,390.00 — trading 12.6% above its estimated fair value. The current Receivables Turnover is 1.97 and 65.9% below the Chemicals industry median of 5.77. Solar Industries India's overall GF Score™ is 96/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Solar Industries India (BOM:532725), the current Receivables Turnover is 1.97 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Solar Industries India (BOM:532725) Overvalued in 2026?

Based on GuruFocus' analysis, Solar Industries India stock appears to be overvalued. The current stock price of ₹22,390.00 is trading 12.6% above its estimated GF Value™ of ₹19,878.66. GuruFocus considers Solar Industries India to be Modestly Overvalued.

Key valuation signals for BOM:532725:

  • Receivables Turnover: 1.97
  • GF Value™: ₹19,878.66 vs. price of ₹22,390.00 (12.6% above fair value)
  • GF Score™: 96/100 with 6 warning signs
  • Industry Position: 65.9% below the Chemicals median (#495 of 1587)

No single metric tells the full story. See the BOM:532725 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solar Industries India Business Description

Other Exchanges SOLARINDS:India
Address Amravati Road, Solar House, 14, Kachimet, Nagpur, MH, IND, 440023
Solar Industries India Ltd manufactures and sells a variety of explosives and defense products. The company sells bulk and packaged explosives as well as detonation initiating systems to the mining, infrastructure, and construction industries. The firm's defense products include high energy explosives, propellants for delivering missiles and rockets, pyros, bombs, and warheads. Geographically, the group holds its presence in both India and internationally of which Indian region accounts for a majority of revenue.
96GF Score

Get the complete analysis for BOM:532725

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹22,390.00
Price
₹19,878.66
GF Value