Solar Industries India Limited (SIIL) announced its Q1 FY27 unaudited financial results, reporting a record performance with the highest-ever quarterly revenue, EBITDA, PBT, and PAT. Net revenue surged by 70% YoY to ₹3,668 crore. EBITDA grew 82% to ₹1,024 crore, and PAT increased by 89% to ₹666 crore. The defence business saw a remarkable 123% YoY growth.
Solar Industries Reports Record First Quarter Performance
Solar Industries India Limited (SIIL) has announced its unaudited financial results for the first quarter ended June 30, 2026, marking a period of record-breaking performance. The company achieved its highest-ever quarterly revenue, EBITDA, Profit Before Tax (PBT), and Profit After Tax (PAT).
Key Financial Highlights (Q1 FY27 vs. Q1 FY26)
The quarterly snapshot reveals substantial year-on-year growth across key financial metrics:
- Net Revenue: Increased by 70% to ₹3,668 crore (Q1 FY26: ₹2,154 crore).
- EBITDA: Grew by 82% to ₹1,024 crore (Q1 FY26: ₹564 crore).
- PBT: Saw an increase of 89% to ₹911 crore (Q1 FY26: ₹481 crore).
- PAT: Rose by 89% to ₹666 crore (Q1 FY26: ₹353 crore).
Strong Growth Across Business Verticals
The impressive financial results were driven by robust performance across its key business segments:
- The Defence business experienced exceptional growth, soaring by 123% YoY.
- The International Explosives business grew by 65% YoY.
- The Domestic Explosives business expanded by 52% YoY.
Strategic Outlook and Order Book
Mr. Manish Nuwal, Managing Director & CEO, commented on the company’s performance, highlighting the company’s strategic vision and execution. Solar Industries has a strong order book of over ₹21,350 crore, providing significant visibility for future growth. The company has also set an ambitious revenue guidance of ₹14,000 crore for FY2026-27 and plans capital investments of ₹2,050 crore to build long-term capabilities.
About Solar Industries India Limited
Solar Industries India Limited is a global leader in explosives and initiating systems, with a significant presence in the defence sector. The company operates 40 manufacturing facilities worldwide and has a global footprint in 90+ countries. It is recognized for its innovation in developing defence products and expanding its offerings in ammunition and explosives.
Source: BSE
