| 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
- ₹19,745.00
- 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
All →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
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'.
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
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
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
Solar Industries India Price Movement Clarification
Solar Industries India Limited clarified that media reports regarding a potential acquisition in South Africa are speculative. The company stated no material information remains undisclosed to the exchanges.