Solar Industries Q3 FY26 Revenue Jumps 29% to ₹2,548 Cr; Defence Soars 72%
Solar Industries reported a record Q3 FY26 with revenue up 29% to ₹2,548 crore and PAT up 38% to ₹467 crore. Defence revenue surged 72% to over ₹700 crore, with a total order book of ₹21,000 crore. International business crossed ₹1,000 crore, up 35%. Pinaka rocket dispatches begin in Q4 FY26.
The announcement details record financial performance, significant growth in key segments like defence and international business, and a substantial order book. These factors are highly material and are expected to positively influence investor sentiment and the company's market position.
The company reported record-breaking financial results with significant year-on-year growth in revenue, EBITDA, and PAT. The strong performance in the defence and international segments, coupled with a robust order book, indicates positive future prospects.
Solar Industries India Limited announced its strongest quarter to date for Q3 FY26, with net revenue rising 29% year-on-year to ₹2,548 crore. The company achieved its highest-ever quarterly EBITDA of ₹733 crore (up 37%) and profit after tax of ₹467 crore (up 38%). For the first nine months of FY26, EBITDA reached ₹1,879 crore (up 27%) and PAT stood at ₹1,181 crore (up 25%).
The company's international business crossed ₹1,000 crore in revenue, marking a 35% year-on-year increase, driven by global demand for commodities and industrial metals. The defence sector exhibited remarkable growth, with revenue surging 72% to over ₹700 crore. This performance is supported by a record defence order book of ₹18,000 crore, contributing to a total order book of ₹21,000 crore.
Management highlighted the Padma Shri award conferred upon Chairman Shri Satyanarayan Nuwal as a significant achievement. The commencement of Pinaka rocket dispatches is expected from Q4 FY26, significantly boosting defence sector performance. The company is also developing capabilities in MALE drones, humanoid robots, and 155 mm calibre ammunition, with commercial production for the latter set to begin in Q4 FY26.
Looking ahead, Solar Industries is focused on innovation, operational discipline, and sustainable growth, confident in its ability to deliver long-term value. The company anticipates continued growth in both defence and international businesses, with a long-term compounded growth rate of around 20% being a realistic assumption.
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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.