Solar Industries India Limited announced its unaudited financial results, reporting record quarterly revenue of ₹2548cr, a 29% increase year-over-year. Net profit reached ₹467cr, up by 38%. The company achieved its highest-ever defense revenue in the quarter, exceeding ₹700cr+, and its order book now stands at over ₹21,000cr+. The company’s Chairman, Shri Satyanarayan ji Nuwal, was conferred with the Padma Shri.
Exceptional Financial Performance
Solar Industries India Limited (SIIL) has announced outstanding unaudited financial results for the quarter and nine months ending December 31, 2025, marked by significant growth in revenue and profitability.
Key Financial Highlights
The company posted its highest quarterly revenue at ₹2548cr, reflecting a substantial increase of 29%. Net profit also saw a significant boost, reaching ₹467cr, which represents a 38% increase. Other key highlights include:
- Highest ever Quarterly Sales at ₹2548cr
- Highest ever Quarterly EBIDTA at ₹733cr and PAT at ₹467cr
- Highest Defense revenue in the quarter at ₹700cr+
- Highest ever Orderbook of ₹21,000cr+
Detailed Financial Snapshot
The following table summarizes the company’s financial performance for Q3 (October-December) and the nine-month period:
Net Revenue (in cr): Q3FY26: 2548, Q3FY25: 1973, Change: 29%, 9MFY26: 6785, 9MFY25: 5374, Change: 26%
EBITDA (in cr): Q3FY26: 733, Q3FY25: 536, Change: 37%, 9MFY26: 1879, 9MFY25: 1485, Change: 27%
EBIDTA margin (in %): Q3FY26: 28.77, Q3FY25: 27.17, Change: 160bps, 9MFY26: 27.70, 9MFY25: 27.63, Change: 7bps
PAT (in cr): Q3FY26: 467, Q3FY25: 338, Change: 38%, 9MFY26: 1181, 9MFY25: 942, Change: 25%
Management Commentary
Mr. Manish Nuwal, Managing Director & CEO, highlighted that the Q3 results showcase the strength of the company’s strategic execution. He noted a significant uplift in net revenue, a 29% increase, and the achievement of highest-ever quarterly EBIDTA and PAT, driven by business initiatives in the explosives and defense sectors.
International and Defence Business Growth
The International business grew by 35% year-on-year, reaching over ₹1000cr+ in revenue. The defense business evidenced a record-breaking order book of over ₹21000cr and showed splendid growth of 72% hitting revenue of over ₹700cr+ for the quarter.
Strategic Evolution and Future Outlook
Solar Industries is focused on de-risking its operations through technology-driven manufacturing and a diversified global footprint. The company is strengthening its ‘global-local’ manufacturing footprint with new facilities, reinforcing its position in the mining and infrastructure sectors.
Source: BSE
