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Earnings Call

Solar Industries India Earnings Call: Key Takeaways

Solar Industries delivered stellar FY26 performance with 30% revenue growth and 35% PAT growth. Management issued strong FY27 guidance targeting ₹14,000cr revenue, driven by defense and international markets.

Highlights
Revenue growthFY26: 30% YoY; FY27 Guidance: ₹14,000cr.
MarginsEBIDTA margin improved to 27.95% in FY26 from 26.94% YoY.
Order bookRs. 21,300 Cr+ across CIL, SCCL, and Defense segments.
Demand visibilityStrong, backed by ₹21,300cr+ order book in CIL, SCCL, Defense.
Management confidenceHigh, supported by massive order book and sector tailwinds.

Growth

FY26 Revenue grew 30% to ₹9838cr; PAT rose 35% to ₹1737cr. Q4FY26 PAT spiked 61% YoY.

Outlook

FY27 revenue guidance set at ₹14,000cr (42% growth); planned Capex of ₹2050cr. Order book ₹21,300cr+.

Risks

Potential volatility in international markets and raw material price fluctuations (Material Consumed at 49.74% of sales).

Source

Earnings Call filed with BSE, NSE: SOLARINDS. Summary written with AI assistance from the document.

Read the document ↗

Solar Industries India Ltd: key numbers

Share price
₹19,745.00
Market cap
₹1,78,673 Cr
Revenue (annual)
₹9,838 Cr
Net profit (annual)
₹1,678 Cr
P/E (TTM)
89.7×Sector 53.6×
Promoter holding
73.15%+0.00% QoQ
FII holding
6.39%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Solar Industries India Ltd

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18:05 IST NSE
Credit Rating

Solar Industries India Credit Rating

Solar Industries India Limited received an [ICRA]A1+ rating for its commercial paper of Rs. 500 Crore from ICRA Limited.

Value
₹500.0 Cr
17:24 IST BSE
Credit Rating

Solar Industries India Credit Rating

CRISIL Ratings Limited has placed the bank loan facilities and non-convertible debentures of Solar Industries India Limited on 'Rating Watch with Developing Implications'.

16:07 IST NSE
Debt & Borrowing

Solar Industries India Debt & Borrowing: ₹75 Cr

Solar Industries India Limited has confirmed the redemption of Commercial Paper worth ₹75 Crore, fulfilling its payment obligation on the due date.

Value
₹75.00 Cr
12:22 IST BSE
Acquisition

Solar Industries India Acquisition Worth ₹12,951 Cr

Solar Industries India will acquire South Africa’s Omnia Holdings Limited in an all-cash deal valued at ₹12,951 Crore, expanding its global mining and explosives footprint.

Value
₹12,951 Cr
15:37 IST BSE
Credit Rating

Solar Industries India Credit Rating

ICRA has reaffirmed the [ICRA]A1+ rating on the company's commercial paper programme of Rs. 500 Crore. This maintains the company's current debt credit profile.

Value
₹500.0 Cr