Solar Industries Q1 FY27 Revenue Surges 70% to ₹3,668 Crore on Strong Defence & Explosives Growth
Solar Industries reported a record Q1 FY27 with revenue up 70% to ₹3,668 crore and PAT up 89% to ₹666 crore. Defence business grew 123% YoY, International Explosives by 65% YoY, and Domestic Explosives by 52% YoY. The company has an order book of ₹21,350 crore and targets ₹14,000 crore revenue for FY27, with ₹2,050 crore planned capex.
The announcement details record-breaking financial performance, substantial growth in core business segments, a strong order book, and future growth plans including significant capital expenditure. These factors are highly material to investors and the company's future prospects.
The company reported record financial results with significant year-on-year growth across all key metrics (revenue, EBITDA, PBT, PAT) and strong performance in its defence and explosives businesses. The ambitious revenue guidance and substantial order book further reinforce a positive outlook.
Solar Industries India Limited (SIIL) announced its unaudited financial results for the quarter ended June 30, 2026, reporting a record performance with the highest-ever quarterly revenue, EBITDA, PBT, and PAT.
The company's net revenue stood at ₹3,668 crore, a significant increase of 70% year-on-year (YoY). EBITDA grew by 82% YoY to ₹1,024 crore, and Profit After Tax (PAT) surged by 89% YoY to ₹666 crore. This performance is attributed to strong growth across its key business segments.
The Defence business was a major growth driver, expanding by 123% YoY, supported by a robust order book of over ₹18,000 crore and a growing portfolio of indigenously developed products. The International Explosives business also demonstrated exceptional growth, with a 65% YoY increase, reinforcing the company's confidence in global opportunities and validating strategic investments.
Domestically, the Explosives business delivered robust growth of 52% YoY, driven by strategic expansion initiatives including the commissioning of the Dhule plant and significant expansions at the Dholpur facility. The upcoming new facility at Orissa will further strengthen its presence and customer service.
Solar Industries has set an ambitious revenue guidance of ₹14,000 crore for FY2026-27. The company's strong order book of over ₹21,350 crore provides excellent visibility for future growth. A planned capital investment of ₹2,050 crore underscores the commitment to long-term capabilities, with approximately ₹450 crore deployed in the first quarter. The company believes its strong order book, expanding market opportunities, and strategic investments position it well for multi-year growth and global footprint expansion.
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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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See the model portfoliosA plain-language summary of a public exchange filing by Solar Industries India Limited. Read the original for the full detail.