Solar Industries India Limited (BOM:532725)
18,379
+252 (1.39%)
At close: May 25, 2026
Solar Industries India Income Statement
Financials in millions INR. Fiscal year is April - March.
Millions INR. Fiscal year is Apr - Mar.
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
| 98,377 | 75,403 | 60,695 | 69,225 | 39,476 | |
Revenue Growth (YoY) | 30.47% | 24.23% | -12.32% | 75.36% | 56.92% |
Cost of Revenue | 48,937 | 39,692 | 32,427 | 43,843 | 23,575 |
Gross Profit | 49,440 | 35,710 | 28,268 | 25,382 | 15,901 |
Selling, General & Admin | 8,450 | 6,745 | 5,023 | 4,538 | 3,381 |
Other Operating Expenses | 14,772 | 9,476 | 7,579 | 6,723 | 4,529 |
Operating Expenses | 25,731 | 18,093 | 14,042 | 12,720 | 9,014 |
Operating Income | 23,709 | 17,617 | 14,227 | 12,663 | 6,887 |
Interest Expense | -1,340 | -1,165 | -1,094 | -903.8 | -502.5 |
Interest & Investment Income | - | 256.3 | 299 | 184.6 | 127.6 |
Earnings From Equity Investments | 2.7 | 55.5 | 3.5 | -2.7 | - |
Currency Exchange Gain (Loss) | - | 166.5 | -1,679 | -799.6 | -461.9 |
Other Non Operating Income (Expenses) | 1,280 | 185.6 | 46 | 72.6 | 64.9 |
EBT Excluding Unusual Items | 23,652 | 17,116 | 11,803 | 11,214 | 6,115 |
Gain (Loss) on Sale of Investments | - | 274.1 | -207.3 | -192.4 | 4.1 |
Gain (Loss) on Sale of Assets | - | 0.4 | 15.9 | 31.8 | -8.6 |
Asset Writedown | - | -10.9 | -11.3 | -37.3 | -36.4 |
Pretax Income | 23,652 | 17,387 | 11,613 | 11,016 | 6,074 |
Income Tax Expense | 6,286 | 4,508 | 2,861 | 2,904 | 1,520 |
Earnings From Continuing Operations | 17,366 | 12,879 | 8,752 | 8,112 | 4,555 |
Minority Interest in Earnings | -590.9 | -784.9 | -393 | -539.8 | -141.9 |
Net Income | 16,776 | 12,094 | 8,359 | 7,572 | 4,413 |
Net Income to Common | 16,776 | 12,094 | 8,359 | 7,572 | 4,413 |
Net Income Growth | 38.70% | 44.68% | 10.40% | 71.59% | 59.68% |
Shares Outstanding (Basic) | 90 | 90 | 90 | 90 | 90 |
Shares Outstanding (Diluted) | 90 | 90 | 90 | 90 | 90 |
Shares Change (YoY) | -0.00% | - | - | - | - |
EPS (Basic) | 185.39 | 133.65 | 92.38 | 83.68 | 48.77 |
EPS (Diluted) | 185.39 | 133.65 | 92.38 | 83.68 | 48.77 |
EPS Growth | 38.71% | 44.68% | 10.40% | 71.59% | 59.68% |
Free Cash Flow | -11,183 | 14,616 | 8,463 | 1,774 | 103.6 |
Free Cash Flow Per Share | -123.58 | 161.52 | 93.52 | 19.60 | 1.15 |
Dividend Per Share | 11.000 | 10.000 | 8.500 | 8.000 | 7.500 |
Dividend Growth | 10.00% | 17.65% | 6.25% | 6.67% | 25.00% |
Gross Margin | 50.26% | 47.36% | 46.57% | 36.67% | 40.28% |
Operating Margin | 24.10% | 23.36% | 23.44% | 18.29% | 17.45% |
Profit Margin | 17.05% | 16.04% | 13.77% | 10.94% | 11.18% |
Free Cash Flow Margin | -11.37% | 19.38% | 13.94% | 2.56% | 0.26% |
EBITDA | 26,218 | 19,196 | 15,524 | 13,827 | 7,885 |
EBITDA Margin | 26.65% | 25.46% | 25.58% | 19.97% | 19.97% |
D&A For EBITDA | 2,509 | 1,579 | 1,297 | 1,165 | 997.5 |
EBIT | 23,709 | 17,617 | 14,227 | 12,663 | 6,887 |
EBIT Margin | 24.10% | 23.36% | 23.44% | 18.29% | 17.45% |
Effective Tax Rate | 26.58% | 25.93% | 24.63% | 26.36% | 25.02% |
Revenue as Reported | 99,657 | 76,111 | 61,140 | 69,541 | 39,673 |
Advertising Expenses | - | 624.5 | 584.8 | 913.9 | 364.9 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.