Sector
Aerospace & DefenceOpen
₹18,110Prev. Close
₹18,053Turnover(Lac.)
₹16,356.4Day's High
₹18,619Day's Low
₹18,11052 Week's High
₹19,18752 Week's Low
₹11,646Book Value
₹467.1Face Value
₹2Mkt Cap (₹ Cr.)
1,66,420.26P/E
133.85EPS
134.86Divi. Yield
0.0620 May 2025
12:00 AM
AGM
Announcement Date: 20 May, 2025
15 May 2026
12:00 AM
BookCloser
8 May 2026
12:00 AM
Board Meeting
Agenda : Audited Result
15 May 2026
12:00 AM
Dividend
Dividend Amount: 11
Record Date: 28 Jul, 2026
During the September quarter, consolidated net profit rose 20.6% year-on-year to ₹345 crore, compared with ₹286 crore last year.
As of 2:30 PM on Monday, Solar Industries shares were trading 0.42% higher at ₹17,067 apiece.
Revenue increased 34.5% YoY to ₹2,166.6 crore, compared to ₹1,610.7 crore in Q4 FY24.
The contract is likely to play an important role in enhancing India's defence manufacturing capabilities and is in line with the government's vision of self-reliance in the defence segment.
Solar Industries witnessed a 55% increase in net profit for the December quarter, reaching ₹314.87 crore, compared to the ₹203 crore reported in the same quarter last year
| Y/e 31 Mar( In .Cr) | Mar-2026 | Mar-2025 | Mar-2024 | Mar-2023 |
|---|---|---|---|---|
Equity Capital | 18.1 | 18.1 | 18.1 | 18.1 |
Preference Capital | 0 | 0 | 0 | 0 |
Reserves | 4,208.72 | 3,048.86 | 2,328.37 | 1,749.35 |
Net Worth | 4,226.82 | 3,066.96 | 2,346.47 | 1,767.45 |
Minority Interest |
| Y/e 31 Mar( In .Cr) | Mar-2022 | Mar-2021 | Mar-2020 | Mar-2018 |
|---|---|---|---|---|
Revenue | 2,528.34 | 1,584.4 | 1,511.54 | 1,273.27 |
yoy growth (%) | 59.57 | 4.82 | 18.71 | 11.95 |
Raw materials | -1,782.18 | -1,023.4 | -960.44 | -821.95 |
As % of sales | 70.48 | 64.59 | 63.54 | 64.55 |
Employee costs | -131.89 | -95.98 | -94.1 | -69 |
| Y/e 31 Mar( In .Cr) | Mar-2022 | Mar-2021 | Mar-2020 | Mar-2018 |
|---|---|---|---|---|
Profit before tax | 353.02 | 253.22 | 252.44 | 205.42 |
Depreciation | -49.44 | -37.98 | -33.96 | -26.09 |
Tax paid | -91.5 | -64.15 | -39.04 | -71.16 |
Working capital | -3 | 15 | 66.36 | -47.76 |
Other operating items |
| Y/e 31 Mar | Mar-2022 | Mar-2021 | Mar-2020 | Mar-2018 |
|---|---|---|---|---|
Growth matrix (%) | ||||
Revenue growth | 59.57 | 4.82 | 18.71 | 11.95 |
Op profit growth | 37.87 | 3.36 | 15.69 | 4.92 |
EBIT growth | 39.32 | -1.84 | 20.46 | 4.12 |
Net profit growth | 38.31 | -11.4 | 58.94 | 1.26 |
| Particulars (Rupees in Crores.) | Mar-2026 | Mar-2025 | Mar-2024 | Mar-2023 | Mar-2022 |
|---|---|---|---|---|---|
Gross Sales | 9,837.74 | 7,540.26 | 6,069.52 | 6,922.53 | 3,947.61 |
Excise Duty | 0 | 0 | 0 | 0 | 0 |
Net Sales | 9,837.74 | 7,540.26 | 6,069.52 | 6,922.53 | 3,947.61 |
Other Operating Income | 0 | 0 | 0 | 0 | 0 |
Other Income | 128.25 | 76.38 | 44.82 | 31.52 | 19.66 |
Company Name | LTP (₹) | P/E (%) | Mkt.Cap (₹Cr.) | NP Qtr (₹Cr.) | Div.Yield (%) | Sales Qtr (₹.Cr) | Book Value (₹) |
|---|---|---|---|---|---|---|---|
Hindustan Aeronautics Ltd HAL | 4,646.5 | 34.24 | 3,10,722.9 | 4,184.28 | 0.75 | 13,943.32 | 611 |
Bharat Electronics Ltd BEL | 387.85 | 46.28 | 2,83,473.22 | 1,048.33 | 0.64 | 5,533.06 | 32.41 |
Solar Industries India Ltd SOLARINDS | 18,391 | 136.24 | 1,66,264.62 | 377.78 | 0.06 | 1,573.71 | 467.1 |
Mazagon Dock Shipbuilders Ltd MAZDOCK | 2,381.8 | 38.04 | 96,091.17 | 509.71 | 0.76 | 2,770.99 | 219.22 |
Bharat Dynamics Ltd BDL | 1,253.1 | 109.22 | 45,922.95 | 113.18 | 0.39 | 488.62 | 115.69 |
Figures of Market Capital(Mar Cap), Quarterly Net Profit(NP Qtr) and Quarterly Sales(Sales Qtr) are in ₹ Cr.
Chairman (Non-Executive)
Satyanarayan Nuwal
Managing Director & Chief Executive Officer
Manish Nuwal
Company Sec. & Compli. Officer
Khushboo Pasari
Whole-time Director
Suresh Menon
Whole-time Director
Milind Deshmukh
Independent Director
Natrajh Ramakrishna
Independent Director
Rashmi Prasad
Independent Director
Dinesh Kumar Batra
Additional Director
Girija Balakrishnan
Additional Director
L Viswanathan
Additional Director
Ramesh Bhujang
Additional Director
Reena Jha Tripathi
Solar House 14 Kachimet,
Amravati Road,
Maharashtra - 440023
Tel: 91-0712-2561000/2560010/6681888
Website: http://www.solargroup.com
Email: solar@solargroup.com; investor.relations@solargrou
C-101 247 Park,
L B S Marg, Vikhroli West,
Mumbai-400083
Tel: 91-22-49186000
Website: https://in.mpms.mufg.com
Email: rnt.helpdesk@in.mpms.mufg.com
Summary
Solar Industries India Limited is engaged in manufacturing of industrial explosives and explosive initiating devices. It manufactures various types of packaged emulsion explosives, bulk explosives and...
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Reports by Solar Industries India Ltd
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