Solar Industries has announced its defence revenue projection for the nine-month period of FY26, setting expectations at ₹1626 crores against the company's full-year guidance of ₹3000 crores.

Defence Revenue Projections

The company's projected defence revenue figures demonstrate significant progress toward its annual targets:

Business Performance Analysis

The projection indicates that Solar Industries expects to achieve approximately 54% of its annual defence revenue guidance within the first nine months of FY26. This suggests a strong performance trajectory in the defence segment, with the company positioning itself to meet its full-year targets.

The remaining three months of the fiscal year would need to contribute ₹1374 crores to achieve the complete annual guidance of ₹3000 crores. This distribution pattern reflects the company's confidence in maintaining consistent revenue generation throughout the fiscal year.

Strategic Positioning

The defence revenue projections highlight Solar Industries' continued focus on the defence sector as a key growth driver. The company's ability to project substantial revenue figures demonstrates its established presence and operational capabilities within the defence industry segment.

Solar Industries India Limited has officially announced its Q3FY26 consolidated financial results through regulatory filings and investor presentation submitted to stock exchanges following a Board of Directors meeting. The company's Board approved the unaudited financial results for the quarter ended December 31, 2025, during their meeting held on February 3, 2026.

Strong Consolidated Financial Performance

The company delivered robust financial performance with consolidated revenue from operations reaching ₹2,548.32 crore compared to ₹1,973.08 crore in Q3FY25. Net profit for the quarter stood at ₹466.54 crore, representing substantial growth from ₹337.50 crore in the corresponding quarter of the previous year.

Customer Segmentation and Market Performance

The investor presentation revealed detailed customer segmentation showing strong performance across key sectors. Defence emerged as the fastest-growing segment, contributing 28% of total sales in Q3FY26 compared to 21% in Q3FY25, representing 72% year-on-year growth. International operations remained the largest contributor at 40% of sales, generating ₹1,020.00 crore compared to ₹758.00 crore in the previous year.

Nine Months Performance and Operational Metrics

For the nine months ended December 31, 2025, Solar Industries reported consolidated revenue from operations of ₹6,784.99 crore compared to ₹5,373.71 crore in the corresponding period of the previous year, marking growth of 26.27%. The nine-month net profit reached ₹1,180.61 crore against ₹941.82 crore in the previous year, with EBITDA margin maintained at 27.70%.

Strong Order Book and Corporate Actions

The company disclosed a robust order book status exceeding ₹21,200.00 crore, indicating strong future revenue visibility across CIL, SCCL, and Defence segments. During the nine months ended December 31, 2025, the company undertook several financial activities including redemption of non-convertible debentures worth ₹23.75 crore and issuance of commercial papers totaling ₹200.00 crore.

Board Meeting and Regulatory Compliance

The Board of Directors meeting was conducted at the company's registered office located at "Solar" House, 14, Kachimet, Amravati Road, Nagpur, in compliance with Regulation 30 and Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The investor presentation was made available on the company's website at www.solargroup.com as per regulatory requirements.