Solar Industries Q3FY26 Results: 29% Revenue Growth with Strong Defence Performance

2 min read     Updated on 03 Feb 2026, 03:05 PM
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Reviewed by
Ashish TScanX News Team
Overview

Solar Industries India Limited announced impressive Q3FY26 consolidated results with revenue reaching ₹2,548.32 crore (up 29.14%) and net profit of ₹466.54 crore (up 38.24%). The company's defence segment emerged as the star performer with 72% year-on-year growth, while maintaining a strong order book exceeding ₹21,200 crore across key sectors including CIL, SCCL, and Defence operations.

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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.

Financial Metric: Q3FY26 Q3FY25 Growth (%)
Revenue from Operations: ₹2,548.32 crore ₹1,973.08 crore +29.14%
Net Profit: ₹466.54 crore ₹337.50 crore +38.24%
EBITDA: ₹733.00 crore ₹536.00 crore +36.75%
Profit Before Tax: ₹635.91 crore ₹459.11 crore +38.51%
Basic EPS: ₹49.31 ₹34.80 +41.70%

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.

Customer Segment: Q3FY26 Revenue % of Sales Q3FY25 Revenue Growth (%)
International: ₹1,020.00 crore 40% ₹758.00 crore +35%
Defence: ₹702.00 crore 28% ₹409.00 crore +72%
Housing & Infra: ₹267.00 crore 10% ₹257.00 crore +4%
Non-CIL & Institutional: ₹287.00 crore 11% ₹278.00 crore +3%
CIL: ₹261.00 crore 10% ₹259.00 crore +1%

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%.

Nine Months Metrics: 9MFY26 9MFY25 Growth (%)
Revenue from Operations: ₹6,784.99 crore ₹5,373.71 crore +26.27%
Net Profit: ₹1,180.61 crore ₹941.82 crore +25.33%
EBITDA: ₹1,879.00 crore ₹1,485.00 crore +26.53%
EBITDA Margin: 27.70% 27.63% +7 bps

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.

Historical Stock Returns for Solar Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+4.50%+8.97%+11.81%-0.10%+45.03%+1,039.07%

Solar Industries Subsidiary Secures ₹589 Crore Defence Export Orders

1 min read     Updated on 30 Jan 2026, 01:36 PM
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Reviewed by
Shriram SScanX News Team
Overview

Solar Industries India Limited announced that its subsidiary has won significant export orders valued at ₹589 crores for defence products from international clients. The orders will be executed over a 4-year period, providing revenue visibility and strengthening the company's position in the global defence supply chain while maintaining full regulatory compliance.

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Solar Industries India Limited has announced that its subsidiary has secured significant export orders worth ₹589 crores for defence products from international clients. The company disclosed this major development through a regulatory filing, highlighting the growing strength of its defence export business.

Order Details and Execution Timeline

The export orders represent a substantial addition to the company's order book, with delivery scheduled over a 4-year period. The comprehensive nature of these orders underscores Solar Industries' subsidiary's growing presence in the international defence market.

Parameter: Details
Order Value: ₹589 crores
Client Type: International clients
Delivery Period: 4 years
Product Category: Defence products
Order Nature: International export
Executing Entity: Subsidiary

Regulatory Compliance and Transparency

The company has fulfilled all regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in accordance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Key Compliance Highlights

The regulatory filing provides comprehensive details about the order structure and compliance parameters:

Particulars: Details
Awarding Entity: International Clients
Contract Nature: Supply of Defence Products
Order Type: International Order
Execution Timeline: Over a period of 4 years
Promoter Interest: No
Related Party Transaction: No

Strategic Significance

This substantial order win demonstrates Solar Industries' subsidiary's capabilities in the defence sector and its ability to compete effectively in international markets. The 4-year execution timeline provides revenue visibility and strengthens the company's position in the global defence supply chain.

The announcement was signed by Suresh Menon, Director of Solar Industries India Limited, confirming the company's commitment to transparent communication with stakeholders and regulatory compliance.

Historical Stock Returns for Solar Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+4.50%+8.97%+11.81%-0.10%+45.03%+1,039.07%

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1 Year Returns:+45.03%