Solar Industries India Ltd

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.

Solar Industries India Other Announcement

The company submitted its quarterly shareholding pattern under Regulation 31(1)(b) for the quarter ended September 30, 2026.

Solar Industries India Acquisition Worth ₹115 Cr

Solar Industries' subsidiary, Solar Explochem, will acquire Sivasakthi Industrial Explosives for ₹115.02 Crore. This cash-based acquisition expands the company's footprint in the explosives industry.

Value

₹115.0 Cr

Execution

within a period of 12 months

Solar Industries India Merger & Restructuring Worth ₹0.31 Cr

Solar Industries India Limited's subsidiary will incorporate a new entity, Solar Explochem Proprietary Limited, in Botswana, with a 65% stake for a cash subscription of USD 325,000.

Value

₹0.31 Cr

Solar Industries India Merger & Restructuring Worth ₹3.12 Cr

Solar Industries India incorporated a new step-down subsidiary, 'Solar Explochem Proprietary Limited', in Botswana. The investment cost is USD 325,000 (approx. ₹3.12 Crore).

Value

₹3.12 Cr

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 Earnings Call Transcript: Key Takeaways

Solar Industries announced the acquisition of Omnia Holdings (South Africa) to create an integrated global explosives platform. Management projects consolidated FY28 revenue exceeding ₹30,000 crores with EBITDA near ₹7,000 crores.

Call

Guides 114% growth

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