Solar Industries India Limited
Solar Industries is one of the largest domestic manufacturers of bulk and cartridge explosives, detonators, detonating cords and components which find applications in the mining, infrastructure and construction industries.Company manufactures high-energy explosives, delivery systems, ammunition filling and pyros fuses for the defence sector.
What Solar files
- Others53
- Investor Meet26
- Important26
- New Orders15
- Updates15
- Board Meeting11
Solar Industries reported record quarterly results: Revenue at 3,668 Cr (+70% YoY), PAT at 666 Cr (+89% YoY). Defence business surged 123%, international explosives 65%. A 21,350 Cr order book supports future growth. Company guides 14,000 Cr revenue for the current fiscal year.
Solar Industries India's Mauritius subsidiary formed Solar SA Investments (Pty) Ltd, a new 100% step-down subsidiary in South Africa. This is for internal group restructuring, with an initial cash subscription of ZAR 12,000.
Solar Industries achieved record FY26 performance with sales of ₹9838 Cr and PAT of ₹1737 Cr. Defence revenue nearly doubled to ₹2634 Cr, targeting ₹4500 Cr in FY27. A robust ₹21,300 Cr order book and ₹2050 Cr FY27 CAPEX support growth. Dividend proposed: ₹11/share.
Solar Industries India's CFO will participate in Motilal Oswal Corporate Day on May 18-19 to engage with institutional investors. No Unpublished Price Sensitive Information will be shared. This signifies active investor relations.
Solar Industries India confirmed fulfilling its Rs. 100 Cr Commercial Paper payment obligation on maturity. This signals robust liquidity and diligent debt management, which is a positive indicator for investor confidence.