Solar Industries India Ltd (SOLARINDS)
Capital Goods · Aerospace & Defence · NSE · Updated 1 October 2026
₹19,505.2↑ 45.88% (1Y)
🎯 Key Takeaways
- Revenue grew 20.2% QoQ to ₹3,668 in Q1FY27.
- Market Cap
- ₹1.77 L Cr
- P/E Ratio
- 88.6
- P/B Ratio
- 28.12
- ROE
- 31.7%
- ROCE
- 38.0%
- Debt/Equity
- 0.23
- Div Yield
- 0.06%
- Promoter
- 73.2%
📊 Quarterly Results (₹ Cr)
| Metric | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | 2,154 | 2,082 | 2,548 | 3,053 | 3,668 |
| Operating Profit | 479 | 492 | 645 | 755 | 935 |
| OPM % | 22.2% | 23.6% | 25.3% | 24.7% | 25.5% |
| Net Profit | 353 | 361 | 467 | 556 | 666 |
| EPS | ₹37.43 | ₹38.12 | ₹49.31 | ₹60.52 | ₹72.11 |
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2025 | Mar 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 18 | 18 | 18 | 18 |
| Reserves | 4,395 | 3,776 | 6,259 | 5,098 |
| Borrowings | 975 | 1,198 | 1,468 | 876 |
| Total Liabilities | 8,298 | 6,678 | 10,919 | 9,017 |
| Fixed Assets | 2,512 | 2,184 | 4,045 | 3,000 |
| Investments | 676 | 192 | 183 | 278 |
| Total Assets | 8,298 | 6,678 | 10,919 | 9,017 |
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2026 |
|---|---|
| Operating | +621 |
| Investing | -1,164 |
| Financing | +209 |
| Net Cash Flow | -121 |
👥 Shareholding Pattern
| Category | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|
| Promoters | 73.2% | 73.2% | 73.2% | 73.2% |
| FII | 7.1% | 6.7% | 6.6% | 6.4% |
| DII | 12.9% | 12.9% | 12.9% | 13.4% |
| Public | 5.0% | 5.3% | 5.5% | 5.2% |
| # Shareholders | 1,05,014 | 1,13,869 | 1,15,917 | 1,16,877 |
⚖️ Peer Comparison — Aerospace & Defence
| Company | MCap (₹ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| HAL | 3.11 L Cr | 33.4 | 30.3% | — | 0.00 |
| BEL | 2.85 L Cr | 46.4 | 34.1% | — | 0.00 |
| SOLARINDS | 1.77 L Cr | 88.6 | 38.0% | — | 0.23 |
| MAZDOCK | 85,081 | 29.8 | 35.3% | — | 0.05 |
| BDL | 40,654 | 78.0 | 16.8% | — | 0.00 |
| COCHINSHIP | 34,595 | 50.9 | 15.2% | — | 0.19 |
| GRSE | 25,009 | 31.2 | 52.1% | — | 0.00 |
| DATAPATTNS | 24,003 | 89.6 | 220.2% | — | 0.34 |
| MTARTECH | 23,886 | 179.0 | 18.3% | — | 0.45 |
| ITI | 23,749 | 90.0 | 16.4% | — | 0.95 |
🔗 Peer Stock Analyses
📋 Recent Filings
- 🔴 Corporate Action2026-09-29Solar Industries India announced the incorporation of its step-down subsidiary Solar Explochem Proprietary Limited in Botswana on September 29, 2026, …
- Announcement2026-09-29Solar Industries India Ltd announced that its trading window for insider transactions will close on October 1, 2026, and remain closed for 48 hours af…
- 🔴 Announcement2026-09-23Solar Industries India received an ICRA A1+ rating for its ₹500 crore commercial paper program, reaffirming the existing rating following its announce…
- 🟡 Board Meeting2026-09-22CRISIL placed Solar Industries India's long-term bank loan and NCD ratings on 'Watch Developing' following its proposed $1.355 billion acquisition of …
- 🔴 Announcement2026-09-17Solar Industries India announced a proposed all-cash acquisition of South Africa's Omnia Holdings Limited to create a global explosives and mining sol…
- 🟡 buyback redemption2026-09-17Solar Industries India repaid its Rs. 75 Crores commercial paper on September 17, 2026, fulfilling the maturity obligation to Kotak Mahindra Bank. The…
- 🔴 Announcement2026-09-15Solar Industries India announced that the audio recording of its September 15, 2026 investor call discussing the proposed acquisition of Omnia Holding…
- 🔴 Announcement2026-09-14Solar Industries India announced a proposed acquisition of South Africa's Omnia Holdings Limited for ₹12,951 crores, creating a global explosives and …
- 🔴 Announcement2026-09-14Solar Industries India announced a conference call on September 15, 2026 at 10:30 AM IST to discuss its proposed acquisition of Omnia Holdings Limited…
- 🔴 Corporate Action2026-09-14Solar Industries India announced on September 14, 2026 that its wholly owned subsidiaries will acquire 100% of Omnia Holdings Limited for ZAR 134.5 pe…
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Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-10-01.
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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
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