| Management target | Revenue 114.3% FY28 |
|---|
| Revenue growth | Guided ₹30,000Cr+ consolidated revenue by FY28. |
|---|---|
| Margins | Targeting 22-23% EBITDA margins for the consolidated entity. |
| Demand visibility | Strong outlook in mining and agritech across Africa/SADC. |
| Management confidence | High; emphasizing robust balance sheet and operational synergies. |
Growth
Projects FY28 revenue growth from ₹14,000Cr base to ₹16,500Cr (Solar standalone) plus ₹15,000Cr+ from Omnia.
Outlook
₹12,000Cr capex for defense; target net-debt-to-EBITDA below 2.0x post-acquisition; expansion into 100+ countries.
Risks
Integration of global operations across 25 countries and managing diverse country-specific risks.
Last quarter's promises, checked
Delivered
- Guided FY26 Revenue ₹9,500Cr+ → delivered ₹9,838Cr (= BEAT)
- Guided FY26 EBITDA Margin ~27% → delivered 27.95% (= BEAT)
- Guided Defense Revenue doubling/₹2,600Cr+ → delivered ₹2,634Cr (= BEAT)
Partly delivered
- Guided annual Capex ₹2,000Cr+ → delivered ₹2,700Cr over 2 years (= PARTIAL)
Earnings Call Transcript filed with BSE, NSE: SOLARINDS. Summary written with AI assistance from the document.
Solar Industries India Ltd: key numbers
- Share price
- ₹19,215.00
- Market cap
- ₹1,73,877 Cr
- Revenue (annual)
- ₹9,838 Cr
- Net profit (annual)
- ₹1,678 Cr
- P/E (TTM)
- 76.8×Sector 51.9×
- Promoter holding
- 73.15%+0.00% QoQ
- FII holding
- 6.13%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Solar Industries India Ltd
All →Solar Industries India Earnings Call Transcript: Key Takeaways
Solar Industries delivered a massive quarterly beat driven by strong defense execution and international expansion.
Solar Industries India Other Announcement
Solar Industries India appointed Price Waterhouse LLP as joint statutory auditor and re-appointed Gandhi Rathi & Co for five years from the 32nd AGM. This replaces retiring auditor SRBC & Co LLP, which continues until that AGM.
- Execution
- Five years, from the conclusion of the 32nd AGM (2027) until the conclusion of the 37th AGM (2032)
Solar Industries India Investor Presentation: Key Takeaways
Q2FY27 sales Rs 3519 Cr (+69%), EBITDA Rs 1021 Cr (+75%), PAT Rs 650 Cr (+80%). H1FY27 PAT Rs 1316 Cr (+84%); order book Rs 20178 Cr.
Solar Industries India Results Update
Solar Industries India Ltd reported a 69% year-on-year revenue growth to ₹3519 crore for Q2 FY27. Profit after tax rose 80% to ₹650 crore, supported by an order book of ₹20178 crore.
- Order book
- ₹20,178 Cr
Solar Industries India Q2 FY27 Results: Net Profit ₹650 Cr, Up 79.9% YoY
Solar Industries India Ltd reported revenue from operations of ₹3,519 Cr (+69.0% YoY) and net profit of ₹650 Cr (+79.9% YoY) for Q2 FY27.
- Key figure
- Net profit ₹650 Cr · +79.9% YoY
Solar Industries India Board Meeting Date
Solar Industries India intimates a board meeting on 3 November 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026. The trading window has been closed since 1 October 2026.