Solar Industries Q4 results: Net profit climbs 70% to ₹548 crore, dividend announced; check record date

Solar Industries Q4 results: Industrial explosives manufacturer Solar Industries India Ltd on Friday, May 15, posted a 69.95% surge in consolidated profit after tax (PAT) to ₹547.63 crore in the January-March quarter of the financial year 2025-26.

The company had posted a post-tax profit of ₹322.23 crore in the same period of the previous fiscal.

Revenue from operations in the fourth quarter FY26 stood at ₹3,052.75 crore as against ₹2,166.55 crore in the year-ago period. This reflects at 40.90% year-on-year growth.

The firm, in an exchange filing, said that it achieved the highest ever quarterly earnings before interest, taxes, depreciation, and amortisation (EBITDA) of ₹870 crore in the quarter under review, up 59% from ₹546 crore in Q4 FY25. EBITDA margin was at 28.51% vs 25.21% a year back.

Solar Industries announces dividend; check record date

The company's board also recommended a final dividend of ₹11 per share of the face value of ₹2 each for the fiscal year 2026, subject to approval of shareholders at the ensuing annual general meeting. The record date has been fixed as July 28.

Manish Nuwal, Managing Director & CEO of Solar Industries, stated, "Our Defence business has nearly doubled, delivering outstanding growth with revenue surging 134% in Q4 and 94% for the full year, to reach record highs of ₹1008 cr and ₹2634 cr, respectively. A robust sales pipeline, coupled with strong execution capabilities, positions us well to sustain this momentum, and we should cross defence revenue of ₹4500cr in the FY27."

The company's international business performed very well and saw a 325 YoY growth, he said.

On future guidance and outlook, Nuwal said, "In FY26, we delivered ~30% revenue growth and surpassed our annual EBITDA guidance. This performance reinforces our confidence in the scalability of our business. Backed up by a strong order book of ₹21,300 cr and robust opportunities across all verticals, we are targeting to achieve around ₹14,000 cr revenue in FY27 while maintaining current margins."