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.

SOLARINDS

Solar Industries India Limited

Filing History

Unlock Full History