Hitachi Energy, Solar Industries among top 10 best midcaps in 2026. Check full list
NiveshIQ
Solar Industries India Ltd.
NiveshIQ has detected 5 active signals on SOLARINDS. Sign up free to see what each signal means and how it affects the stock.
Unlock signals — freeAbout Solar Industries India Ltd.
Solar Industries India Limited is a leading manufacturer and seller of industrial explosives and explosive initiating devices in India and internationally. The company's core business is driven by the demand for industrial explosives, initiating systems, and defense products in various sectors such as mining, infrastructure, construction, defense, and space. Its product offerings include bulk and packaged explosives, electronic and electric detonators, and unmanned aerial systems and drones. Recent developments include the establishment of a fully-owned subsidiary in South Africa and the successful launch of the Pinaka guided rocket, which has expanded the company's presence in the defense sector. The company's strong defense growth has been offset by concerns over its valuation, with some
Financial Highlights
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹6,069 Cr -12.30% | ₹7,541 Cr +24.30% | ₹9,838 Cr +30.50% |
| EBITDA Margin | 22.52% | 25.96% | 27.95% |
| Net Profit | ₹876.00 Cr +8.00% | ₹1,289 Cr +47.10% | ₹1,737 Cr +34.70% |
| EPS | ₹92.39 | ₹133.66 | ₹185.39 |
Annual figures in Indian Rupees (Crores). Source: BSE filings.
Recent News
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Strategic Outlook
- Q4FY26 results: revenue ₹3, 053 Cr, PAT ₹556 Cr, EPS ₹60.52, EBITDA margin 28.5%. Growth context: revenue YoY +40.9%, PAT YoY +60.7%, revenue QoQ +19.8%, PAT QoQ +19.1%. Street verdict: inline, revenue surprise +0.6%, PAT surprise -2.8%.
Management commentary points to new capacity addition and capex deployment and order wins, deal pipeline, and backlog bu...
FY26 (last completed FY): revenue ₹9, 838 Cr, PAT ₹1, 737 Cr, EBITDA margin 27.9%, EPS ₹185.39. Year-on-year: revenue Yo...
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Frequently Asked Questions
What AI signals does NiveshIQ provide for Solar Industries India Ltd.?
NiveshIQ detects active intelligence signals for Solar Industries India Ltd. (SOLARINDS) — including earnings catalysts, relative strength patterns, sector sweeps, and pullback setups. It also shows an Expected Move (1D/1W/1M range based on news, fundamentals and technicals) and a Confidence Score based on historical directional and magnitude accuracy. These are exclusive to NiveshIQ.
What are the key financials for Solar Industries India Ltd.?
Solar Industries India Ltd. operates in the Defence sector with a market capitalisation of ₹16,184,146.7L Cr. Revenue, net profit, EPS and EBITDA margins across the last three annual periods are shown above, sourced from BSE filings.
Does NiveshIQ provide investment advice?
No. NiveshIQ provides educational market intelligence and research context, not investment advice or buy/sell recommendations.