Business Update Neutral

2026-09-29 18:42

- Solar Industries India Limited announced the incorporation of a step-down subsidiary named 'Solar Explochem Proprietary Limited' in the Republic of Botswana on September 29, 2026. - The subsidiary was incorporated through its wholly-owned subsidiary, Solar Overseas Mauritius Limited. - The subscription cost is USD 325,000 in cash for a 65% shareholding.

Financials Positive

2026-09-23 18:08

- ICRA Limited affirmed the [ICRA]A1+ rating for Solar Industries India Limited's Commercial Paper of ₹500 Crores. - The rating considers the proposed acquisition of Omnia Holdings Limited for ~ $1.35 billion, expected to enhance the Group's scale and diversification. - ICRA will monitor the impact of increased consolidated debt from the acquisition.

Business Update Neutral

2026-09-22 17:28

- CRISIL Ratings Limited has placed Solar Industries India Limited's long-term bank loan facilities and non-convertible debentures on 'Rating Watch with Developing Implications'. - The current rating is CRISIL AA+. - This action follows the proposed acquisition of Omnia Holdings Limited, South Africa, for an enterprise value of ~$1.355 billion (₹12,951 crore). - The acquisition is considered a strategic step to expand operational, manufacturing, and distribution capabilities. - The transaction is expected to be funded primarily through debt and internal accrual, with management anticipating the financial risk profile to remain comfortable post-acquisition.

Routine Neutral

2026-09-17 16:09

- Solar Industries India Limited confirmed the fulfillment of its payment obligation for Commercial Paper (CP). - The company paid ₹75 Crores on the due date, September 17, 2026.

Business Update Positive

2026-09-17 15:55

- Solar Overseas Investments Proprietary Limited (a step-down subsidiary of Solar Industries India Limited) has agreed to acquire Omnia Holdings Limited, a South African diversified mining and agritech company. - The acquisition aims to create an integrated global platform for commercial explosives and blasting solutions. - For FY28, the combined entity (Solar + Omnia) projects revenue of INR 31,000 - 34,000 crores and EBITDA of INR 6,800 - 7,000 crores. - Consolidated EBITDA margin is targeted at 22-23% by FY28, and the net debt to EBITDA ratio is expected to remain below 2x. - The $1.35 billion all-cash transaction will be funded by internal accruals and debt, with no equity issuance planned. - The acquisition will expand Solar's global distribution network to over 100 countries and manufacturing presence to 25+ countries, with a focus on India and Africa for future growth.

Business Update Neutral

2026-09-15 16:38

- Audio recording of the conference call held on September 15, 2026, to discuss the proposed acquisition of Omnia Holdings Limited by Solar SA Investments Proprietary Limited is now available on the company's website.

Business Update Positive

2026-09-14 17:31

- Concall Schedule - Concall Date: September 15, 2026 - Concall Time: 10:30 A.M. IST - Topic: Discussion on the proposed acquisition of Omnia Holdings Limited by Solar SA Investments Proprietary Limited.

Business Update Positive

2026-09-14 12:32

- Solar Industries India Limited's subsidiaries will acquire 100% of Omnia Holdings Limited for US$1.355 billion in cash. This strategic acquisition, expected by mid-2027, aims to expand global presence and diversify business operations.

Business Update Positive

2026-09-14 12:23

- Acquisition: Solar SA Investments Proprietary Limited (a subsidiary of Solar Industries India Limited) will acquire Omnia Holdings Limited. - Acquisition Value: ₹12,951 Crores (US$1.355 billion) via an all-cash transaction. - Strategic Rationale: To expand Solar Group's global footprint, create one of the largest and most integrated explosives and blasting solutions platforms, and enter the integrated crop nutrition and biological solutions market. - Expected Impact: Benefits are anticipated to become increasingly visible from FY2028, enhancing market reach and operational efficiencies.

Business Update Positive

2026-09-04 15:49

CRITICAL RED FLAG DETECTED

- ICRA Limited reaffirmed the [ICRA]A1+ rating for Commercial Paper of Rs. 500.00 Crores of Solar Industries India Limited on September 4, 2026. - The reaffirmation is supported by a strong market position, robust order book of over ₹21,000 Cr, and healthy financial risk profile. - The company's revenue grew 30% in FY2026 to ₹9,837.7 Cr, with operating profit margins improving to ~26% in FY2025 and FY2026.

Business Update Neutral

2026-09-03 14:38

- Solar Industries India Limited provided a clarification regarding a news item published in mainstream media. - The company stated that the news is speculative and does not constitute a material event requiring disclosure under SEBI LODR Regulations. - They are not aware of any undisclosed information that could explain recent trading movements, and the news has no material impact on the company.

Financials Positive

2026-08-13 14:55

- Q1 FY27 Consolidated Revenue ₹3,668 Cr vs ₹2,154 Cr (▲70% YoY) - EBITDA ₹1,024 Cr vs ₹564 Cr (▲82% YoY) - PAT ₹666 Cr vs ₹353 Cr (▲89% YoY) - EBITDA Margin 27.91% vs 26.18% (▲173 bps)

Routine Neutral

2026-08-13 14:47

New Filing detected. See link for details.

Financials Positive

2026-08-13 14:34

- Q1 FY27 Consolidated Revenue ₹3,668.20Cr vs ₹2,154.45Cr (▲70.26% YoY) - EBITDA ₹1,023.94Cr vs ₹534.91Cr (▲91.42% YoY) - PAT ₹666.37Cr vs ₹352.62Cr (▲88.97% YoY) - EBITDA Margin 27.91% vs 24.83% (▲308bps)

Financials Positive

2026-08-13 14:28

- Q1 FY27 Consolidated Revenue ₹3,676.72Cr vs ₹2,183.71Cr (▲68.32% YoY) - EBITDA ₹1,023.94Cr vs ₹534.91Cr (▲91.43% YoY) - PAT ₹666.37Cr vs ₹352.62Cr (▲88.97% YoY) - EBITDA Margin 25.74% vs 22.23% (▲351bps)

Governance Neutral

2026-07-21 12:42

- The 31st Annual General Meeting (AGM) of Solar Industries India Limited will be held on Tuesday, August 11, 2026, at 11:30 a.m. (IST) via Video Conferencing. - The Annual Report for the financial year 2025-26 is accessible on the company's website.

Business Update Neutral

2026-07-20 21:35

- Solar Industries India Limited submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26. - The report includes an Independent Reasonable Assurance Report provided by M/s Moore Singhi Advisors LLP. - This filing is made pursuant to Regulations 34(2)(f) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. - The report covers the Financial Year 2025-26 (April 1, 2025, to March 31, 2026) and is available on the company's website.

Financials Positive

2026-07-20 21:23

- Integrated Annual Report for FY26 filed. - 31st AGM on August 11, 2026, 11:30 a.m. (IST) via VC/OAVM. - Record Date for FY26 final dividend is July 28, 2026. - Dividend payment on August 20, 2026, pending AGM approval.

Business Update Positive

2026-07-09 19:20

- Solar Overseas Mauritius Limited, a Wholly Owned Subsidiary, incorporated "Solar SA Investments (Pty) Ltd" in South Africa on July 07, 2026. This new entity is a 100% owned step-down subsidiary and will function as an Investment Holding Company.

Routine Neutral

2026-06-30 12:01

- The trading window for dealing in Equity Shares for designated persons and their immediate relatives will close from July 1, 2026. - It will remain closed until 48 hours after the declaration of unaudited financial results for the quarter ended June 30, 2026. - The date for the Board Meeting to approve these results will be informed later.

Financials Positive

2026-06-29 12:01

- Book Closure for payment of final dividend for FY 2025-26, subject to approval at 31st AGM. - Book Closure Period: July 29, 2026 to August 11, 2026 (both days inclusive). - Record Date: July 28, 2026.

Routine Neutral

2026-06-19 18:08

New Filing detected. See link for details.

Business Update Neutral

2026-06-02 12:31

- Solar Industries India Limited is participating in the India Investment Forum 2026. - The forum is organized by Morgan Stanley on June 3, 2026, in Mumbai. - No Unpublished Price Sensitive Information (UPSI) will be shared during the meet.

Business Update Positive

2026-05-29 10:22

Order Win: Solar Industries India Limited and its subsidiary have received export orders from International Clients for the Supply of Defence Products, Order Value: ₹1076 Crores, Completion Timeline: 3 years.

Business Update Positive

2026-05-18 12:27

Management guided for FY27 revenue of INR14,000 crores, with defense revenue expected to cross INR4,500 crores, and aims to maintain current EBITDA margins (around 28-29%). Capex for FY27 is projected at INR2,050 crores. The company reported a strong order book of INR21,300 crores, with INR18,000 crores from defense. A dividend of INR11 per share for FY26-27 was proposed, up from INR10. Growth is expected from continued strong international business (30% growth anticipated in FY27) and the maturing defense vertical, supported by geographic expansion, high-value chain products, and operational efficiencies, with 10-15% volume growth and 18-20% price increases contributing to the overall 30%+ combined domestic and international growth. Working capital increased due to a strategic inventory build-up to mitigate geopolitical risks, with normalization expected in 2-3 quarters.

Business Update Neutral

2026-05-16 11:18

Solar Industries India Limited announced that the audio recording of its earnings conference call, held on May 15, 2026, to discuss the Audited Financial Results for the quarter and year ended March 31, 2026, is now available on the company's website. The recording can be accessed via the provided URL: https://l1nq.com/concallrecording15052026.

Governance Positive

2026-05-15 18:27

Solar Industries India Limited's Board of Directors, at its meeting on May 15, 2026, approved the appointment of Smt. Reena Jha Tripathi (DIN: 11022528) as an Additional Director (Independent, Non-Executive). Her appointment is for a first term of 5 years, effective May 15, 2026, subject to shareholder approval. Smt. Tripathi is a former IRS officer with over 36 years of experience in tax administration, investigation, and litigation.

Financials Positive

2026-05-15 15:07

Consolidated Revenue ₹3053Cr vs ₹2167Cr (▲41% YoY), EBITDA ₹870Cr vs ₹546Cr (▲59% YoY), PAT ₹556Cr vs ₹346Cr (▲61% YoY). EBITDA Margin 28.51% vs 25.21% (▲330bps).

Routine Neutral

2026-05-15 14:27

New Filing detected. See link for details.

Business Update Neutral

2026-05-14 19:52

Solar Industries India Limited informed about the participation of its representatives, Joint Chief Financial Officer Mrs. Shalinee Mandhana and Assistant Manager Ms. Anushka Agrawal, in the Motilal Oswal Corporate Day - Singapore Edition on May 18-19, 2026. The company explicitly stated that no Unpublished Price Sensitive Information (UPSI) will be shared during this meeting with institutional investors and fund managers.

Business Update Neutral

2026-05-12 13:19

Solar Industries India Limited announced a revised timing for its conference call to discuss the Audited Financial Results for the quarter and year ended March 31, 2026, and earnings for FY2025-26. The call, hosted by Motilal Oswal Financial Services Limited, will now be held on Friday, May 15, 2026, at 5:00 p.m. (IST), revised from the previously intimated 4:30 p.m. (IST).

Business Update Neutral

2026-05-08 18:08

Solar Industries India Limited has scheduled a conference call hosted by Motilal Oswal Financial Services Limited on Friday, May 15, 2026, at 4:30 p.m. IST. The call will discuss the Audited Financial Results for the quarter and year ended March 31, 2026 (Q4 FY2026 and FY2025-26 earnings) with the Management of the Company. Key management personnel, including the Managing Director & CEO and Joint CFOs, will represent the company.

Governance Negative

2026-05-06 20:36

CRITICAL RED FLAG DETECTED

Solar Industries India Limited announced the resignation of Shri Kirit Ramesh Kamdar from the position of Additional, Non-Executive Independent Director, effective May 06, 2026. The resignation is attributed to "unavoidable professional commitments," and the company confirmed that there are no other material reasons for his departure.

Business Update Positive

2026-04-24 12:50

CRISIL Ratings has reaffirmed Solar Industries India Limited's long-term bank loan facilities (₹1479.50 Cr) and non-convertible debentures (₹35.00 Cr) at 'CRISIL AA+/Positive'. The outlook has been upgraded from 'Stable' to 'Positive', driven by improved business risk profile and strong financials.

Routine Neutral

2026-04-07 18:26

Solar Industries India Limited submitted the Regulation 74(5) certificate for the quarter ended March 31, 2026. The RTA confirmed no requests for dematerialization/rematerialization of equity shares were received during the period.

Routine Neutral

2026-04-01 11:07

New Filing detected. See link for details.

Governance Neutral

2026-03-31 18:27

Solar Industries India Limited announced the appointment of Shri Kirit Ramesh Kamdar (DIN: 06513347) as an Additional Director (Non-Executive Independent Director) for a term of 5 years, effective April 01, 2026.

Routine Neutral

2026-03-26 14:25

Solar Industries announced the closure of its trading window for designated persons from April 1, 2026, until 48 hours after the declaration of audited financial results for the quarter and year ended March 31, 2026.

Routine Positive

2026-03-23 17:52

Solar Industries India Limited confirmed the timely repayment of Commercial Paper amounting to Rs. 100 Crores. The CP, issued on December 23, 2025, was successfully redeemed on its due date, March 23, 2026, to Kotak Mahindra Bank Limited.

Business Update Positive

2026-03-08 12:14

Solar Industries India Limited's wholly-owned subsidiary conducted the Bhoomi Pujan for its new Robotics & UAV manufacturing facility at MIHAN SEZ, Nagpur, on March 7, 2026. This marks a strategic expansion into advanced defense technologies, attended by the CM of Maharashtra and Union Minister.

Governance Neutral

2026-02-24 14:01

Solar Industries India Limited submitted voting results for the postal ballot concerning the appointment of Shri Ramesh Madhavrao Bhujang as an Independent Director. Although the resolution did not receive the requisite majority of votes, he is deemed appointed under Regulation 25(2A) of SEBI Listing Regulations as votes in favour exceeded votes against.

Routine Positive

2026-02-09 16:40

Solar Industries India Limited confirmed the timely fulfillment of its payment obligation for a Commercial Paper of Rs. 50 Crores. The CP, issued on November 11, 2025, was redeemed on its due date, February 09, 2026.

Financials Positive

2026-02-09 15:33

Consolidated Revenue ₹2548Cr vs ₹1973Cr (▲29% YoY), EBITDA ₹733Cr vs ₹535Cr (▲37% YoY), PAT ₹467Cr vs ₹338Cr (▲38% YoY). EBITDA Margin 28.8% vs 27.1% (▲170bps).

Financials Positive

2026-02-03 15:21

Consolidated Revenue ₹2,548Cr vs ₹1,973Cr (▲29% YoY), EBITDA ₹733Cr vs ₹536Cr (▲37% YoY), PAT ₹467Cr vs ₹338Cr (▲38% YoY). EBITDA Margin 28.77% vs 27.17% (▲160bps).

Routine Neutral

2026-02-03 15:13

New Filing detected. See link for details.

Routine Neutral

2026-02-03 15:09

New Filing detected. See link for details.

Financials Positive

2026-02-03 15:07

Consolidated Revenue ₹2,548.32Cr vs ₹1,973.08Cr (▲29.15% YoY), EBITDA ₹708.07Cr vs ₹527.50Cr (▲34.23% YoY), PAT ₹466.54Cr vs ₹337.50Cr (▲38.24% YoY). EBITDA Margin 27.78% vs 26.73% (▲105bps).

Financials Positive

2026-02-03 15:04

Consolidated Revenue ₹2,548.32Cr vs ₹1,973.08Cr (▲29.15% YoY), EBITDA ₹708.07Cr vs ₹527.50Cr (▲34.23% YoY), PAT ₹466.54Cr vs ₹337.50Cr (▲38.24% YoY). EBITDA Margin 27.78% vs 26.73% (▲105bps).

Business Update Positive

2026-02-02 20:26

ICRA Limited reaffirmed Solar Industries India Limited's Commercial Paper rating at [ICRA]A1+ and enhanced the rated amount from ₹250 crore to ₹500 crore on February 2, 2026, reflecting a robust credit profile and strong order book.

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Solar Industries India Limited

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