StockWatch
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Explosives
Quarterly Result13 Aug 2026, 02:53 pm

Solar Industries Q1 FY27 Revenue Up 70% to ₹3,668 Cr

AI Summary

Solar Industries India Ltd (SIIL) announced its unaudited financial results for Q1 FY27, reporting a record performance with the highest-ever quarterly revenue, EBITDA, PBT, and PAT. Revenue surged by 70% year-on-year to ₹3,668 crore. EBITDA grew by 82% to ₹1,024 crore, and PAT increased by 89% to ₹666 crore. The company highlighted strong growth across its business segments: Defence business grew by 123% YoY, International Explosives by 65% YoY, and Domestic Explosives by 52% YoY. SIIL maintains a robust order book of ₹21,350 crore and has set an ambitious revenue guidance of ₹14,000 crore for FY2026-27. The company also plans capital investments of ₹2,050 crore for long-term growth.

Key Highlights

  • Q1 FY27 revenue reached ₹3,668 crore, a 70% YoY increase.
  • Defence business saw a remarkable 123% YoY growth.
  • Order book stands strong at ₹21,350 crore.
  • Revenue guidance for FY2026-27 set at ₹14,000 crore.
  • PAT grew by 89% YoY to ₹666 crore.