Solar Industries Q4FY26 consolidated net profit surges 61%

Solar Industries India on May 15 recorded a 60.6% jump in its consolidated net profit for the last quarter of 2025-26 at Rs 556.03 crore, up from Rs 346.11 crore reported in the same period of the previous fiscal 2024-25.

On a sequential basis, the company’s consolidated net profit increased by 19% from Rs 466.54 crore in Q3FY26.

The company’s revenue from operations surged 41% to Rs 3,052.75 crore in Q4FY26 compared with Rs 2,166.55 crore in Q4FY25. Total income also increased 42.5% to Rs 3,097.22 crore during the quarter under review against Rs 2,173.10 crore in Q4FY25.

The Board has recommended a final dividend or Rs 11 per equity share, i.e. 550% on the face value of Rs 2 each for the fiscal year 2025-26, it said in an exchange filing.

For the full financial year 2025-26, the company reported a consolidated net profit of Rs 1,736.64 crore, up 35% from Rs 1,287.93 crore in FY25.

The company incurred a capex of Rs 1,556 crores in FY26 against Rs 1,182 crore in FY25. The company’s order book for the fiscal stood at over Rs 21,300 crores, it said.

For the current fiscal 2026-27, the company has kept its capex target at Rs 2,050 crore with expected revenue generation of Rs 14,000 crore against Rs 9,838 crore in FY26.

Manish Nuwal, Managing Director & CEO of Solar Industries stated, "We are happy to report that Solar Industries India Limited has delivered a landmark performance, clocking its highest-ever quarterly and annual sales of Rs 3,053 crore and Rs 9,838 crore respectively, despite no growth in the domestic mining market.”

The company achieved EBITDA margin at around 28.51% for the quarter and 27.95% for the year. “These numbers were propelled by strong sales from international and defence businesses, relentless focus on our high-value chain products and operational efficiencies,” Nuwal said.

“Solar’s international business has performed very well and as a result registered a 32% YOY growth. Solar’s ability in establishing strong relationships with its customers as a trusted partner, underscores the company's strength in identifying and capitalizing on global opportunities,” the company said.

The company also said that its recent expansion into Northern and Western India, paired with upcoming plants in the East and South as well, will help it strengthen domestic footprint.

“This expected growth in the domestic market is further complemented by our strong momentum in international business. Additionally, the defence vertical is steadily maturing into a powerful standalone platform, driving deep-tech innovation enabling significant future growth potential,” Nuwal said.