Executive Summary
Solar Industries India Ltd reported Q3FY26 revenues of ₹2,548 crore, up 29.14% YoY, with consolidated net profit growing 38.17% to ₹467 crore. Defence and mining explosives demand drove record quarterly performance, supported by strong order execution and operational efficiencies.
Revenue & Growth
Revenues surged to ₹2,548 crore from ₹1,973 crore YoY, reflecting 29% expansion led by defence (over ₹700 crore) and international segments. Total expenses increased 27.02% YoY to ₹1,937 crore, moderated by economies of scale in bulk explosives production.
Profitability & Margins
Consolidated net profit rose 38% YoY to ₹467 crore from ₹338 crore, with EBITDA jumping 37% to ₹733 crore at 28.77% margins (up 160 bps). Basic EPS increased 41.70% to ₹49.31 from ₹34.80; 9M PAT reached ₹1,181 crore.
Balance-Sheet Highlights
The dataset lacks detailed balance sheet items such as assets, liabilities, equity, net debt, or current ratio for Q3FY26. Promoter holding stable at 73.15%.
Cash Flow / Liquidity
Operating cash flow, free cash flow, and liquidity metrics are not specified in the Q3FY26 dataset.
Key Ratios / Metrics
Record ₹21,200 crore order book from CIL, SCCL, and defence underscores multi-year visibility. 9M revenue up 26% to ₹6,785 crore positions Solar Industries for sustained defence export and infrastructure growth.