Solar Industries India Limited — Investor Meet, 18-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Solar Industries' Q4 FY26 earnings call highlights highest-ever quarterly sales of INR 3,053 Cr, EBITDA of INR 870 Cr (+59% YoY), and PAT of INR 556 Cr (+61% YoY). FY26 sales hit INR 9,838 Cr, with EBITDA at INR 2,750 Cr and PAT at INR 1,737 Cr (both +35% YoY). Defense revenue doubled to INR 2,634 Cr for FY26, targeting INR 4,500 Cr in FY27. International business grew 32%.

The company targets INR 14,000 Cr revenue for FY27, maintaining current margins, backed by a strong INR 21,300 Cr order book (INR 18,000 Cr defense). Strategic capex of INR 2,050 Cr is planned for FY27, with ongoing regional expansions. Management is confident in growth drivers despite commodity price volatility and increased inventory levels due to geopolitical risks.