SOLARA ACTIVE PHA SCI LTD (SOLARA) financials

SOLARA ACTIVE PHA SCI LTD (SOLARA) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Solara Active Pharma Sciences Ltd is engaged in business of manufacturing, production, processing, formulating, sale, import, export, merchandising, distributing, trading of APIs.[1]It was formed through demerger of API business from Strides Shasun Ltd (currently named as Stride Pharma Sciences). Subsequently, it also acquired the human API business from Sequent Scientific Ltd during the same tim…

Market Cap: ₹3,381Cr.
Current Price: ₹697
Stock P/E: 68.6
ROE: -0.11%
ROCE: 4.91%
Book Value: ₹297
Dividend Yield: 0.00%
52W High / Low: ₹774/422

In Sep 2026, SOLARA ACTIVE PHA SCI LTD (SOLARA) reported sales ₹417 Cr and net profit ₹30 Cr.

Annual TTM: sales ₹1,535 Cr, net profit ₹39 Cr.

Shareholding: Promoters 41.93% (Jun 2026), FIIs 11.52% (Jun 2026), DIIs 3.74% (Jun 2026), Public 42.79% (Jun 2026), No. of Shareholders 70,490% (Jun 2026).

SOLARA quarterly results (₹ Cr.)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	300	273	319	314	349	387	382	417
Expenses	243	230	262	279	312	330	320	340
Operating Profit	58	43	57	35	37	58	62	77
OPM %	19%	16%	18%	11%	11%	15%	16%	18%
Other Income	1	6	1	0	-7	5	2	-4
Interest	27	29	24	21	22	27	20	16
Depreciation	25	24	24	24	26	26	27	27
Profit before tax	8	-5	11	-10	-17	10	17	30
Tax %	0%	0%	0%	0%	0%	0%	0%	0%
Net Profit	8	-5	11	-10	-17	10	17	30
EPS in Rs	2.25	-1.35	2.91	-2.79	-4.82	2.69	3.52	6.10
Raw PDF	—	—	—	—	—	—	—	—

SOLARA profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,322	1,617	1,268	1,444	1,289	1,284	1,369	1,535
Expenses	1,065	1,232	1,187	1,309	1,384	1,080	1,182	1,301
Operating Profit	257	385	81	134	-95	204	187	234
OPM %	19%	24%	6%	9%	-7%	16%	14%	15%
Other Income	27	28	14	22	-184	9	0	-4
Interest	78	84	75	90	106	115	94	86
Depreciation	94	108	112	111	103	99	100	105
Profit before tax	112	221	-92	-45	-488	-1	-7	39
Tax %	0%	0%	-36%	-50%	16%	0%	0%	—
Net Profit	112	221	-59	-22	-567	-1	-7	39
EPS in Rs	31.42	46.13	-12.20	-4.63	-118.10	-0.30	-2.00	7.49
Dividend Payout %	5%	11%	0%	-49%	0%	0%	0%	—

SOLARA balance sheet (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Sep 2026
Equity Capital	27	36	36	36	36	40	45	48
Reserves	1,064	1,557	1,491	1,467	901	1,056	1,211	1,392
Borrowings	722	621	1,037	1,013	1,012	796	637	542
Other Liabilities	339	397	373	379	398	333	384	417
Total Liabilities	2,152	2,610	2,937	2,895	2,347	2,225	2,277	2,400
Fixed Assets	1,374	1,359	1,334	1,342	1,261	1,187	1,231	1,195
CWIP	40	88	239	238	256	280	205	208
Investments	18	18	15	16	14	2	2	2
Other Assets	719	1,145	1,350	1,298	815	757	839	996
Total Assets	2,152	2,610	2,937	2,895	2,347	2,225	2,277	2,400

SOLARA cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	166	242	154	-242	156	111	213	153
Cash from Investing Activity	-113	-359	-105	-243	-81	-5	-37	-50
Cash from Financing Activity	-23	97	92	334	-113	-107	-180	-103
Net Cash Flow	30	-20	142	-151	-38	-0	-5	0
Free Cash Flow	107	-26	-16	-451	46	69	173	101
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	84%	103%	49%	-276%	106%	-116%	105%	83%

SOLARA shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	37.27%	37.23%	37.94%	42.01%	42.01%	42.00%	42.00%	41.93%
FIIs	14.25%	14.67%	14.63%	14.25%	13.58%	11.98%	11.59%	11.52%
DIIs	3.37%	3.19%	2.61%	2.62%	2.69%	3.64%	3.75%	3.74%
Public	45.11%	44.92%	44.82%	41.10%	41.71%	42.37%	42.66%	42.79%
No. of Shareholders	71,882	83,148	75,791	74,334	72,479	71,890	70,400	70,490

SOLARA key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	76	63	109	141	136	99	93	117
Inventory Days	111	170	149	321	258	163	185	170
Days Payable	126	131	154	150	139	140	141	143
Cash Conversion Cycle	62	102	104	312	256	123	137	144
Working Capital Days	-20	-30	17	39	22	-129	-61	-22
ROCE %	10%	12%	15%	-1%	2%	-9%	6%	5%

SOLARAUpdated 18 Oct 2026, 20:10

Solara Active Pha Sci Ltd

SOLARAUpdated 18 Oct 2026, 20:10

Market Cap

₹3,381Cr.

Current Price

₹697

High / Low

₹774/422

Stock P/E

68.6

ROE-0.11%

ROCE4.91%

Book Value₹297

Face Value₹10.0

Dividend Yield0.00%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Sep 2023	425	24	388	-2	26	-15	0	-15	-3.18
Dec 2023	212	25	374	-62	26	-275	0	-275	-57.36
Mar 2024	299	31	290	-122	25	-168	53	-256	-53.42
Jun 2024	363	31	321	1	25	-12	0	-12	-3.42
Sep 2024	347	28	286	0	25	8	0	8	2.23
Dec 2024	300	27	243	1	25	8	0	8	2.25
Mar 2025	273	29	230	6	24	-5	0	-5	-1.35
Jun 2025	319	24	262	1	24	11	0	11	2.91
Sep 2025	314	21	279	0	24	-10	0	-10	-2.79
Dec 2025	349	22	312	-7	26	-17	0	-17	-4.82
Mar 2026	387	27	330	5	26	10	0	10	2.69
Jun 2026	382	20	320	2	27	17	0	17	3.52
Sep 2026	417	16	340	-4	27	30	0	30	6.1

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2018	521	25	462	2	34	2	0	2	—
Mar 2019	1387	82	1173	12	83	61	3	59	17.06
Mar 2020	1322	78	1065	27	94	112	0	112	31.42
Mar 2021	1617	84	1232	28	108	221	0	221	46.13
Mar 2022	1268	75	1187	14	112	-92	-36	-59	-12.2
Mar 2023	1444	90	1309	22	111	-45	-50	-22	-4.63
Mar 2024	1289	106	1384	-184	103	-488	16	-567	-118.1
Mar 2025	1284	115	1080	9	99	-1	0	-1	-0.3
Mar 2026	1369	94	1182	0	100	-7	0	-7	-2
TTM	1535	86	1301	-4	105	39	—	39	7.49

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	41.93%
FIIs	11.52%
DIIs	3.74%
Public	42.79%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Sep 2023	37.19%	17.86%	1.79%	—	43.16%
Dec 2023	30.49%	16.62%	1.75%	—	51.14%
Mar 2024	30.49%	15.8%	2.97%	—	50.73%
Jun 2024	37.27%	14%	2.83%	—	45.89%
Sep 2024	37.27%	14.25%	3.37%	—	45.11%
Dec 2024	37.23%	14.67%	3.19%	—	44.92%
Mar 2025	37.94%	14.63%	2.61%	—	44.82%
Jun 2025	42.01%	14.25%	2.62%	—	41.1%
Sep 2025	42.01%	13.58%	2.69%	—	41.71%
Dec 2025	42%	11.98%	3.64%	—	42.37%
Mar 2026	42%	11.59%	3.75%	—	42.66%
Jun 2026	41.93%	11.52%	3.74%	—	42.79%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2018	25	745	633	414	1817	1063	70	19	666	1817
Mar 2019	26	937	538	456	1957	1195	39	18	705	1957
Mar 2020	27	1064	722	339	2152	1374	40	18	719	2152
Mar 2021	36	1557	621	397	2610	1359	88	18	1145	2610
Mar 2022	36	1491	1037	373	2937	1334	239	15	1350	2937
Mar 2023	36	1467	1013	379	2895	1342	238	16	1298	2895
Mar 2024	36	901	1012	398	2347	1261	256	14	815	2347
Mar 2025	40	1056	796	333	2225	1187	280	2	757	2225
Mar 2026	45	1211	637	384	2277	1231	205	2	839	2277
Sep 2026	48	1392	542	417	2400	1195	208	2	996	2400

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2018	50	-85	67	32
Mar 2019	166	-113	-23	30
Mar 2020	242	-359	97	-20
Mar 2021	154	-105	92	142
Mar 2022	-242	-243	334	-151
Mar 2023	156	-81	-113	-38
Mar 2024	111	-5	-107	0
Mar 2025	213	-37	-180	-5
Mar 2026	153	-50	-103	0

Key ratios

Historical financial ratios

Category	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	185	76	63	109	141	136	99	93	117
Inventory Days	252	111	170	149	321	258	163	185	170
Days Payable	420	126	131	154	150	139	140	141	143
Cash Conversion Cycle	17	62	102	104	312	256	123	137	144
Working Capital Days	-120	-20	-30	17	39	22	-129	-61	-22
ROCE %	—	10%	12%	15%	-1%	2%	-9%	6%	5%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of SOLARA ACTIVE PHA SCI LTD (SOLARA)?

The reported market capitalisation for SOLARA ACTIVE PHA SCI LTD (SOLARA) is ₹3,381Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of SOLARA?

The current price shown for SOLARA ACTIVE PHA SCI LTD (SOLARA) on Fincrux is ₹697 with a 52-week high/low of ₹774/422.

What is the P/E ratio of SOLARA ACTIVE PHA SCI LTD (SOLARA)?

The stock P/E for SOLARA ACTIVE PHA SCI LTD (SOLARA) is 68.6 on Fincrux, with ROE at -0.11% and ROCE at 4.91%.

What were SOLARA latest quarterly results?

For Sep 2026, SOLARA ACTIVE PHA SCI LTD (SOLARA) reported sales ₹417 Cr and net profit ₹30 Cr (figures in ₹ crore unless noted).

What are SOLARA annual sales and net profit?

For TTM, SOLARA ACTIVE PHA SCI LTD (SOLARA) shows sales of ₹1,535 Cr and net profit of ₹39 Cr on the Fincrux profit & loss statement.

Who owns SOLARA ACTIVE PHA SCI LTD (SOLARA)?

Latest shareholding for SOLARA ACTIVE PHA SCI LTD (SOLARA) on Fincrux: Promoters 41.93% (Jun 2026), FIIs 11.52% (Jun 2026), DIIs 3.74% (Jun 2026), Public 42.79% (Jun 2026), No. of Shareholders 70,490% (Jun 2026).

Where can I find SOLARA ACTIVE PHA SCI LTD (SOLARA) financials?

SOLARA ACTIVE PHA SCI LTD (SOLARA) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show SOLARA balance sheet and cash flow?

Yes. The SOLARA ACTIVE PHA SCI LTD (SOLARA) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 20:10