{"id":179503,"date":"2026-02-04T03:31:01","date_gmt":"2026-02-04T08:31:01","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=179503"},"modified":"2026-02-04T03:31:04","modified_gmt":"2026-02-04T08:31:04","slug":"solar-industries-q3-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/solar-industries-q3-fy26-earnings-results\/","title":{"rendered":"Solar Industries Q3 FY26 Earnings Results"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>Executive Summary<\/strong><\/h2>\n\n\n\n<p>Solar Industries India Ltd reported Q3FY26 revenues of \u20b92,548 crore, up 29.14% YoY, with consolidated net profit growing 38.17% to \u20b9467 crore. Defence and mining explosives demand drove record quarterly performance, supported by strong order execution and operational efficiencies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Revenue &amp; Growth<\/strong><\/h2>\n\n\n\n<p>Revenues surged to \u20b92,548 crore from \u20b91,973 crore YoY, reflecting 29% expansion led by defence (over \u20b9700 crore) and international segments. Total expenses increased 27.02% YoY to \u20b91,937 crore, moderated by economies of scale in bulk explosives production.\u200b<\/p>\n\n\n\n<p><strong>Profitability &amp; Margins<\/strong><br>Consolidated net profit rose 38% YoY to \u20b9467 crore from \u20b9338 crore, with EBITDA jumping 37% to \u20b9733 crore at 28.77% margins (up 160 bps). Basic EPS increased 41.70% to \u20b949.31 from \u20b934.80; 9M PAT reached \u20b91,181 crore.<\/p>\n\n\n\n<p><strong>Balance-Sheet Highlights<\/strong><br>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%.<\/p>\n\n\n\n<p><strong>Cash Flow \/ Liquidity<\/strong><br>Operating cash flow, free cash flow, and liquidity metrics are not specified in the Q3FY26 dataset.<\/p>\n\n\n\n<p><strong>Key Ratios \/ Metrics<\/strong><br>Record \u20b921,200 crore order book from CIL, SCCL, and defence underscores multi-year visibility. 9M revenue up 26% to \u20b96,785 crore positions Solar Industries for sustained defence export and infrastructure growth.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/INDS-839x1024.png\" alt=\"\" class=\"wp-image-179504\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/INDS-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/INDS-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/INDS-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/INDS-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/INDS.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Executive Summary Solar Industries India Ltd reported Q3FY26 revenues of \u20b92,548 crore, up 29.14% YoY, with consolidated net profit growing 38.17% to \u20b9467 crore. Defence and mining explosives demand drove record quarterly performance, supported by strong order execution and operational efficiencies. Revenue &amp; Growth Revenues surged to \u20b92,548 crore from \u20b91,973 crore YoY, reflecting 29% [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":179504,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[15711],"class_list":["post-179503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-cartridge-explosives"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/INDS.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":171935,"url":"https:\/\/alphastreet.com\/india\/premier-energies-q2-fy26-earnings-results\/","url_meta":{"origin":179503,"position":0},"title":"Premier Energies Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"October 29, 2025","format":false,"excerpt":"Incorporated in April 1995, Premier Energies Limited specializes in manufacturing integrated solar cells and solar panels. Its product portfolio includes solar cells, solar modules, monofacial and bifacial modules, as well as EPC and O&M solutions. \u00a0 Q2 FY26 Earnings Results (Consolidated) Total Income: \u20b91,837 crore, up 20.3% YoY from \u20b91,527\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Premier Energies Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Premier-Energies-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Premier-Energies-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Premier-Energies-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Premier-Energies-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Premier-Energies-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Premier-Energies-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":172537,"url":"https:\/\/alphastreet.com\/india\/solar-industries-q2-fy26-earnings-results\/","url_meta":{"origin":179503,"position":1},"title":"Solar Industries Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"November 19, 2025","format":false,"excerpt":"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. \u00a0 Q2 FY26 Earnings Results Revenue\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Solar Industries Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Solar-Industries-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Solar-Industries-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Solar-Industries-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Solar-Industries-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Solar-Industries-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Solar-Industries-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179470,"url":"https:\/\/alphastreet.com\/india\/solar-industries-india-reports-38-jump-in-q3-net-profit-driven-by-defense-growth\/","url_meta":{"origin":179503,"position":2},"title":"Solar Industries India Reports 38% Jump in Q3 Net Profit Driven by Defense Growth","author":"Staff Correspondent","date":"February 3, 2026","format":false,"excerpt":"Solar Industries India Limited (NSE:SOLARINDS), a significant player in the industrial explosives and defense sectors, reported a robust financial performance for the third quarter ended December 31, 2025 (Q3FY26). Under its \"Power to Propel\" philosophy, the company provides specialized solutions for mining, infrastructure, and national security. Its customer base is\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":179500,"url":"https:\/\/alphastreet.com\/india\/adani-enterprises-q3-fy26-earnings-results\/","url_meta":{"origin":179503,"position":3},"title":"Adani Enterprises Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 4, 2026","format":false,"excerpt":"Executive Summary Adani Enterprises Ltd reported Q3FY26 revenues of \u20b924,820 crore, up 8.63% YoY, with consolidated net profit exploding 2400.87% to \u20b95,727 crore primarily from one-time exceptional gains. Strategic asset monetization across airports, new energy, and integrated resources drove the dramatic profitability leap despite modest operational growth. Revenue & Growth\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ADANIE.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ADANIE.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ADANIE.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ADANIE.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ADANIE.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ADANIE.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178284,"url":"https:\/\/alphastreet.com\/india\/bel-q3-fy26-earnings-results\/","url_meta":{"origin":179503,"position":4},"title":"BEL Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"January 29, 2026","format":false,"excerpt":"Executive Summary Bharat Electronics Ltd (BEL) reported Q3FY26 revenues of \u20b97,154 crore, up 23.96% YoY, with consolidated net profit rising 20.43% to \u20b91,580 crore. Total expenses increased 22.57% YoY to \u20b95,164 crore, supporting steady earnings expansion in defence electronics. Revenue & Growth Revenues grew to \u20b97,154.00 crore in Q3FY26 from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/B-3.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/B-3.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/B-3.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/B-3.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/B-3.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/B-3.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178323,"url":"https:\/\/alphastreet.com\/india\/grse-q3-fy26-earnings-results\/","url_meta":{"origin":179503,"position":5},"title":"GRSE Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"January 29, 2026","format":false,"excerpt":"Executive Summary Garden Reach Shipbuilders & Engineers Ltd (GRSE) reported Q3FY26 revenues of \u20b91,896 crore, up 49.17% YoY, with consolidated net profit soaring 74.49% to \u20b9171 crore. Total expenses rose 43.92% YoY to \u20b91,740 crore, reflecting exceptional execution momentum in defence shipbuilding. Revenue & Growth Revenues surged to \u20b91,896.00 crore\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/GR.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/GR.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/GR.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/GR.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/GR.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/GR.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=179503"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179503\/revisions"}],"predecessor-version":[{"id":179505,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179503\/revisions\/179505"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/179504"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=179503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=179503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=179503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}