Solar Industries India Limited (BOM:532725)

Solar Industries India Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Assets

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	4,694	5,904	2,590	2,450	846.7
Short-Term Investments	109.6	26	25.6	47.6	46.5
Trading Asset Securities	2.3	5,320	2,221	292.1	59.2
Cash & Short-Term Investments	4,806	11,250	4,836	2,790	952.4
Cash Growth	-57.28%	132.63%	73.33%	192.96%	-45.63%
Accounts Receivable	18,579	12,386	8,449	8,253	5,411
Other Receivables	1,258	1,600	1,250	169.2	733.2
Receivables	19,872	14,006	9,731	8,540	6,227
Inventory	21,186	12,121	10,195	12,139	8,423
Prepaid Expenses	1,146	952.7	326.7	204	198.9
Other Current Assets	3,364	2,935	1,395	1,341	837.9
Total Current Assets	50,375	41,265	26,484	25,014	16,639
Property, Plant & Equipment	44,688	32,153	24,437	19,225	16,630
Long-Term Investments	1,827	1,473	1,565	785.1	182.2
Goodwill	1,705	1,473	298.1	106.6	98.9
Other Intangible Assets	926.2	645.3	314	333	432.9
Long-Term Deferred Tax Assets	1,858	1,558	1,602	1,275	948.8
Long-Term Deferred Charges	50.9	85.6	126.3	174.5	69.1
Other Long-Term Assets	7,401	4,002	2,221	3,279	2,084
Total Assets	109,185	82,981	57,372	50,363	37,243

Liabilities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	6,317	4,925	3,229	4,885	4,649
Accrued Expenses	2,318	1,716	1,328	1,367	932.3
Short-Term Debt	2,811	2,188	1,989	3,330	2,368
Current Portion of Long-Term Debt	3,664	3,269	3,225	3,635	1,934
Current Portion of Leases	180	115.8	91.1	65.1	43.8
Current Income Taxes Payable	215.5	530	186.9	628.4	219.1
Current Unearned Revenue	5,717	3,612	2,287	2,296	877.4
Other Current Liabilities	3,267	4,782	2,678	117	154.3
Total Current Liabilities	24,489	21,139	15,014	16,323	11,179
Long-Term Debt	8,204	3,939	5,836	4,727	4,359
Long-Term Leases	381.8	237.8	237.6	189.5	175.1
Long-Term Unearned Revenue	7,878	9,689	-	-	-
Pension & Post-Retirement Benefits	11.3	49.8	32.4	26.4	10
Long-Term Deferred Tax Liabilities	2,715	2,190	1,978	1,589	1,371
Other Long-Term Liabilities	17.2	3.4	2	-	-
Total Liabilities	43,696	37,247	23,100	22,856	17,094

Shareholders' Equity

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	181	181	181	181	181
Additional Paid-In Capital	1,491	1,491	1,491	1,491	1,491
Retained Earnings	62,383	46,080	34,448	26,323	19,256
Comprehensive Income & Other	-1,283	-3,620	-3,064	-1,892	-1,785
Total Common Equity	62,772	44,132	33,056	26,103	19,143
Minority Interest	2,717	1,602	1,217	1,404	1,006
Shareholders' Equity	65,489	45,734	34,273	27,507	20,149
Total Liabilities & Equity	109,185	82,981	57,372	50,363	37,243

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	15,240	9,750	11,378	11,947	8,880
Net Cash (Debt)	-10,434	1,501	-6,542	-9,157	-7,928
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-115.30	16.59	-72.30	-101.19	-87.61
Filing Date Shares Outstanding	90.49	90.49	90.49	90.49	90.49
Total Common Shares Outstanding	90.49	90.49	90.49	90.49	90.49
Working Capital	25,886	20,126	11,470	8,690	5,460
Book Value Per Share	693.69	487.70	365.30	288.47	211.55
Tangible Book Value	60,141	42,014	32,444	25,664	18,611
Tangible Book Value Per Share	664.61	464.29	358.54	283.61	205.67
Land	5,190	4,364	3,711	2,005	1,535
Buildings	16,545	11,257	9,365	8,554	7,876
Machinery	24,270	15,954	11,431	10,296	8,795
Construction In Progress	6,918	7,034	4,874	2,794	2,211
Order Backlog	211,502	164,526	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 1, 2026

Data Sources Report a data error