Solar Industries India Ltd Share Price – NSE /  BSE

Aerospace & Defence, Mid Cap

Solar Industries India will hold a meeting of the Board of Directors of the Company on 15 May 2026.

Solar Industries India has received affirmation in credit ratings from CRISIL at CRISIL AA+/ Positive for bank facilities (Rs 1,479.50 crore) and non-convertible debentures (Rs 35 crore). The outlook on ratings has been upgrade from Stable to Positive.

Net profit of Solar Industries India rose 41.73% to Rs 446.25 crore in the quarter ended December 2025 as against Rs 314.87 crore during the previous quarter ended December 2024. Sales rose 29.15% to Rs 2548.32 crore in the quarter ended December 2025 as against Rs 1973.08 crore during the previous quarter ended December 2024.

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Revenue from operations increased 29.15% YoY to Rs 2548.32 crore for the quarter ended 31 December 2025.

Profit before tax (PBT) for the quarter stood at Rs 635.91 crore in Q3 FY26, up 38.51% from the Rs 459.11 crore reported in Q3 FY25. EBITDA stood at Rs 733 crore in Q3 FY26, registering a growth of 37% as compared with Rs 536 crore in Q3 FY25. EBITDA margin improved to 28.77% in Q3 FY26 from 27.17% in Q3 FY25.

Total expenses increased 27.08% to Rs 1,937.35 crore in Q3 FY26 as compared with Rs 1,524.47 crore in Q3 FY25. The cost of raw material consumed stood at Rs 1,116.34 crore (up 22.39% YoY), and employee benefit expenses were at Rs 213.90 crore (up 41.95% YoY) during the period under review.

Solar Industries India (SIIL) is the flagship company of the Solar Group. SIIL, along with its subsidiaries, manufactures bulk explosives, packaged explosives, and initiating systems, which find application in the mining, infrastructure, and construction industries.

Shares of Solar Industries India jumped 5.09% to close at Rs 13,868.65 on the BSE.

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