Solar Industries India Earnings Call Transcripts
Fiscal Year 2026
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Q3 FY26 saw record revenue, EBITDA, and PAT, driven by explosive growth in defense and international segments. Defense revenue rose 72% year-on-year, with a robust order book and Pinaka rocket deliveries set to start in Q4, supporting strong future growth.
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Record quarterly EBITDA and PAT achieved, driven by robust defense and international growth despite domestic headwinds. Defense order book is strong, with new product launches and international expansion supporting FY26 guidance.
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Q1 FY26 saw record EBITDA and PBT, with 28% revenue growth driven by international and defense segments. Defense order book is robust, CapEx and global expansion continue, and margins are impacted by hyperinflation and forex. Guidance for FY26 remains above INR 10,000 crores.
Fiscal Year 2025
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Record FY25 revenue and profits driven by strong international and defense growth, with a robust order book of INR 17,000 crores. FY26 guidance targets INR 10,000 crores revenue and INR 3,000 crores from defense, supported by a major CapEx plan and expanding global footprint.
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Record quarterly results with revenue up 38% and PAT up 52% year-over-year, driven by defense and international growth. Order book reached a new high, with major defense contracts and a large Maharashtra project set to fuel long-term expansion.
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Record quarterly and half-yearly results driven by strong defense and international growth, with EBITDA and PAT margins at all-time highs. Order book exceeds INR 5,700 crores, Capex guidance raised, and company expects to be net debt-free by year-end.
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Record quarterly EBITDA and PAT were achieved, with strong growth in defense and explosives segments. Margins reached historic highs, and the company is expanding internationally with significant CapEx planned. Defense order book and guidance remain robust.