SOLARINDS NSE filing

Solar Industries India FY26 Revenue ₹9,838 Cr, PAT ₹1,737 Cr; FY27 Revenue Target ₹14,000 Cr

The RealCase readHigh impact Positive

Solar Industries India Limited reported record FY26 results with quarterly sales at ₹3053 crore and annual sales at ₹9838 crore. PAT for the year stood at ₹1737 crore. The company projects FY27 revenue of ₹14,000 crore and has proposed a dividend of ₹11 per share. Defence revenue reached ₹2634 crore.

Why it matters

The announcement includes record financial performance, substantial year-on-year growth, strong performance in key business verticals (defence and international), a clear future revenue target, significant planned capital expenditure, and an increased dividend payout. These factors are highly material and are likely to have a significant impact on investor sentiment and the company's stock performance.

The market read

The company reported record-breaking financial results for both the quarter and the full fiscal year, demonstrating significant year-on-year growth across key metrics like revenue, EBITDA, and PAT. The strong performance in the defence and international segments, coupled with a positive future outlook and increased dividend, indicates a robust financial health and positive growth trajectory.

Solar Industries India Limited (SIIL) has announced its audited financial results for the quarter and year ended March 31, 2026, reporting a record fiscal year performance.

The company achieved its highest-ever quarterly sales of ₹3053 crore and yearly sales of ₹9838 crore, marking a significant 41% and 30% year-on-year increase, respectively. EBITDA reached ₹870 crore for the quarter and ₹2750 crore for the full year, up 59% and 35% year-on-year. Profit After Tax (PAT) also hit record highs, with ₹556 crore for the quarter and ₹1737 crore for the year, showing growth of 61% and 35% year-on-year.

The defence vertical demonstrated exceptional growth, nearly doubling its revenue. Quarterly defence revenue surged by 134% to ₹1008 crore, and full-year revenue increased by 94% to ₹2634 crore. The company anticipates crossing ₹4500 crore in defence revenue in FY27.

Solar's international business also performed strongly, registering a 32% year-on-year growth. The company highlighted its focus on high-value chain products and operational efficiencies as key drivers for its performance.

Looking ahead, SIIL has set an ambitious revenue target of ₹14,000 crore for FY27, while aiming to maintain current margins. This target is supported by a strong order book of ₹21,300 crore and planned CAPEX of ₹2050 crore for FY27, following an investment of over ₹2700 crore in the last two years. The company is expanding its domestic footprint with new plants in the East and South.

Furthermore, the Board has proposed a dividend of ₹11 per share for FY26-27, an increase from ₹10 per share in the previous year.

Filing to action

What to do with a filing like this

Solar Industries India Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Solar Industries India Limited. Read the original for the full detail.

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