SOLARINDS NSE filing

Solar Industries Q2FY27 Results: Sales Surge 69% to ₹3,519 Cr, PAT Jumps 80% to ₹666 Cr

The RealCase readHigh impact Positive

Solar Industries reported a strong Q2FY27 with Net Sales up 69% to ₹3,519 crore and PAT up 80% to ₹666 crore. For HYFY27, Net Sales increased 70% to ₹7,187 crore and PAT rose 84% to ₹1,316 crore. The company has a robust order book of ₹20,178 crore.

Why it matters

The substantial increase in revenue and profit, coupled with a strong order book, is expected to have a significant positive impact on investor confidence and the company's market valuation.

The market read

The company has reported significant year-on-year growth in sales, EBIDTA, and PAT for both the quarter and half-year ended September 30, 2026, indicating strong operational and financial performance.

Solar Industries India Limited announced its unaudited financial results for the quarter and half year ended September 30, 2026. The company reported a significant increase in performance across key metrics.

For the second quarter of fiscal year 2027 (Q2FY27), Net Sales grew by 69% to ₹3,519 crore compared to ₹2,082 crore in Q2FY26. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBIDTA) increased by 75% to ₹1,021 crore from ₹582 crore year-on-year. Profit After Tax (PAT) surged by 80% to ₹666 crore, up from ₹361 crore in the same period last year. The company's PAT as a percentage of Net Sales improved to 18.17% from 17.36%.

In the half-year ended September 30, 2027 (HYFY27), Net Sales rose by 70% to ₹7,187 crore from ₹4,237 crore in HYFY26. EBIDTA increased by 78% to ₹2,045 crore. PAT for the half-year grew by 84% to ₹1,316 crore compared to ₹714 crore in the previous year. PAT as a percentage of Net Sales improved to 18.32% from 16.85%.

The company's order book status as of September 30, 2026, shows CIL & SCCL orders worth ₹2,610 crore and Defence orders worth ₹17,568 crore, totaling ₹20,178 crore.

Net Debt stood at ₹1,177 crore with a Net Debt to Equity Ratio of 0.15 and a Net Debt to EBIDTA Ratio of 0.29. Capital Expenditure (Capex) for HYFY27 was ₹873 crore, compared to ₹1,556 crore in FY26. Working Capital Days were recorded at 108 for HYFY27, down from 130 in FY26.

The presentation also highlighted the shareholding pattern as of September 30, 2026, with Promoter's Holding at 73.15%.

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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