Solar Industries India Limited — Investor Meet, 05-09-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Solar Industries posted strong Q1 FY26 results: Revenue at ₹2,154 Cr (+28% YoY), EBITDA ₹564 Cr (+19%), PAT ₹353 Cr (+17%). Growth was fueled by a 43% jump in international business (₹826 Cr) and a 115% surge in defense revenue (₹418 Cr).

The company holds a robust ₹15,000 Cr defense order book, with Pinaka commercialization expected by Q3. Management targets over ₹10,000 Cr revenue this FY, with ~₹3,000 Cr from defense. Capex of ₹2,500 Cr is planned for expansion, aiming for global scale. Net cash position is ₹50 Cr positive.