Solar Industries IndiaNSE: SOLARINDSBSE: 532725Chemicals · ExplosivesSolar Industries India Quarterly Results
In Mar 2026, Solar Industries India reported revenue of ₹3,053 crore (up 19.8% on the prior quarter) and net profit of ₹548 crore (up 22.7%). 33 reported quarters are tabulated below.
- Latest quarter revenue
- ₹3,053 Cr
- EBITDA
- ₹826 Cr
- Operating margin
- 27.06%
- Profit after tax
- ₹548 Cr
- Net margin
- 17.94%
- EPS
- ₹60.52
- Latest quarter
- Mar 2026
- Quarters reported
- 33
Solar Industries India quarterly results
Reported quarterly performance for Solar Industries India, oldest to newest. Figures in ₹ crore unless a row states otherwise.
| Line item | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,682 | 1,347 | 1,429 | 1,611 | 1,695 | 1,716 | 1,973 | 2,167 | 2,154 | 2,082 | 2,548 | 3,053 |
| Sales Growth YoY % | 4.12% | -13.99% | -21.12% | -16.48% | 0.75% | 27.34% | 38.06% | 34.51% | 27.12% | 21.35% | 29.15% | 40.9% |
| Other Income | 8 | 8 | 11 | 18 | 24 | 30 | 10 | 7 | 29 | 29 | 25 | 44 |
| Total Income | 1,690 | 1,355 | 1,440 | 1,628 | 1,719 | 1,746 | 1,983 | 2,173 | 2,184 | 2,111 | 2,573 | 3,097 |
| Cost of Goods Sold (COGS) | 962 | 653 | 752 | 829 | 870 | 843 | 1,029 | 1,165 | 1,094 | 988 | 1,241 | 1,522 |
| Cost of Materials Consumed | 783 | 548 | 635 | 745 | 814 | 641 | 885 | 927 | 995 | 908 | 1,116 | 1,435 |
| Purchases of Stock-in-Trade | 127 | 97 | 130 | 49 | 97 | 253 | 130 | 186 | 122 | 122 | 159 | 165 |
| Changes in Inventories | 52 | 8 | -13 | 36 | -40 | -51 | 13 | 52 | -23 | -43 | -34 | -78 |
| Gross Profit | 720 | 695 | 678 | 781 | 825 | 873 | 944 | 1,001 | 1,060 | 1,094 | 1,307 | 1,531 |
| Gross Margin % | 42.79% | 51.56% | 47.41% | 48.5% | 48.66% | 50.87% | 47.86% | 46.21% | 49.2% | 52.56% | 51.29% | 50.16% |
| Total Operating Expenses | 397 | 359 | 321 | 428 | 375 | 428 | 418 | 461 | 525 | 542 | 599 | 705 |
| Employee Benefit Expense | 100 | 103 | 111 | 119 | 131 | 145 | 151 | 174 | 184 | 195 | 214 | 253 |
| Other Expenses | 297 | 255 | 210 | 309 | 244 | 283 | 267 | 288 | 341 | 347 | 385 | 453 |
| EBITDA | 323 | 336 | 356 | 354 | 449 | 445 | 527 | 540 | 535 | 553 | 708 | 826 |
| OPM % | 19.21% | 24.95% | 24.93% | 21.96% | 26.52% | 25.92% | 26.69% | 24.91% | 24.83% | 26.55% | 27.79% | 27.06% |
| Total Non-Operating Expenses | 59 | 59 | 67 | 69 | 67 | 73 | 78 | 79 | 83 | 91 | 97 | 113 |
| Depreciation & Amortisation | 34 | 34 | 39 | 37 | 40 | 44 | 47 | 50 | 56 | 61 | 63 | 71 |
| Finance Costs | 25 | 25 | 28 | 32 | 27 | 30 | 31 | 29 | 27 | 31 | 34 | 41 |
| Exceptional Items (Before Tax) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 0 |
| Profit Before Tax (PBT) | 273 | 285 | 300 | 303 | 406 | 402 | 458 | 467 | 481 | 490 | 636 | 758 |
| Tax Expense | 71 | 76 | 77 | 63 | 108 | 103 | 122 | 118 | 128 | 128 | 169 | 203 |
| Current Tax | 76 | 77 | 84 | 69 | 108 | 105 | 116 | 100 | 121 | 122 | 164 | 204 |
| Deferred Tax | -6 | -2 | -7 | -6 | 0 | -2 | 6 | 18 | 7 | 5 | 5 | -1 |
| Effective Tax % | 26% | 26.48% | 25.64% | 20.7% | 26.53% | 25.68% | 26.54% | 25.33% | 26.65% | 26.11% | 26.63% | 26.79% |
| Total Profit for Period | 202 | 209 | 222 | 243 | 301 | 304 | 338 | 346 | 353 | 362 | 467 | 556 |
| Less: Non-controlling Interests | 4 | 9 | 19 | 0 | 14 | 18 | 23 | 24 | 14 | 16 | 20 | 8 |
| Net Profit (Owner's PAT) | 197 | 200 | 203 | 243 | 286 | 286 | 315 | 322 | 339 | 345 | 446 | 548 |
| Net Profit Margin % | 11.74% | 14.85% | 14.23% | 15.07% | 16.9% | 16.66% | 15.96% | 14.87% | 15.72% | 16.58% | 17.51% | 17.94% |
| PAT Growth YoY % | 15.98% | 13.47% | -0.61% | 17.76% | 45.11% | 42.84% | 54.86% | 32.76% | 18.24% | 20.75% | 41.73% | 69.95% |
| Earnings Per Share (EPS) | ₹21.82 | ₹22.12 | ₹22.47 | ₹26.82 | ₹31.66 | ₹31.59 | ₹34.8 | ₹35.61 | ₹37.43 | ₹38.12 | ₹49.31 | ₹60.52 |
| Diluted Shares Outstanding (Cr.) | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Profit/Loss from Associates | -0 | -1 | 0 | 3 | 2 | 5 | 1 | -3 | 0 | 0 | -0 | 1 |
| Other Comprehensive Income (Net of Tax) | -100 | -39 | -55 | 23 | 5 | -8 | -34 | -28 | 59 | 58 | 61 | 126 |
| Expenses | 1,418 | 1,070 | 1,140 | 1,326 | 1,313 | 1,344 | 1,524 | 1,706 | 1,703 | 1,622 | 1,937 | 2,339 |
| Material Cost % | 46.54% | 40.65% | 44.4% | 46.24% | 48.03% | 37.35% | 44.86% | 42.79% | 46.17% | 43.62% | 43.81% | 47.01% |
| Employee Cost % | 5.95% | 7.67% | 7.8% | 7.36% | 7.74% | 8.43% | 7.64% | 8.01% | 8.53% | 9.35% | 8.39% | 8.27% |
| Other Cost % | 17.63% | 18.94% | 14.68% | 19.18% | 14.4% | 16.52% | 13.54% | 13.28% | 15.85% | 16.66% | 15.1% | 14.83% |
| Interest Coverage (x) | 11.72 | 12.15 | 11.23 | 10.05 | 14.9 | 13.49 | 15.7 | 17 | 17.46 | 15.93 | 18.77 | 18.28 |
Showing the most recent 12 of 33 reported periods.
Solar Industries India revenue and profit trend
Reported quarterly revenue and net profit, oldest to newest. Two panels because the two measures live on different scales — one shared axis would distort both.
How this is calculated
Figures are as reported to NSE/BSE by the company. Consolidated is shown where the company reports it, standalone otherwise; the basis is labelled on the table. Growth is computed against the same quarter of the previous year (YoY) and the immediately preceding quarter (QoQ).
Index membership reflects the Nifty 100 as published by NSE Indices, effective 2026-03-30.
Solar Industries India: frequently asked questions
What was Solar Industries India's revenue in Mar 2026?
Solar Industries India reported revenue of ₹3,053 crore in Mar 2026, up 19.8% on the previous quarter.
What was Solar Industries India's profit in Mar 2026?
Solar Industries India reported a net profit of ₹548 crore in Mar 2026, up 22.7% on the previous quarter.
What is Solar Industries India's EPS?
Solar Industries India reported earnings per share of ₹60.52 for Mar 2026.
What is Solar Industries India's operating margin?
Solar Industries India's operating margin for Mar 2026 was 27.06%.
When did Solar Industries India last report results?
The most recent reported quarter shown here is Mar 2026. 33 quarters of history are tabulated on this page.
Are these figures consolidated or standalone?
Consolidated figures are shown wherever the company reports them, and standalone otherwise. The basis in use is labelled on the statement table.
More Solar Industries India data
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The data, ratios and commentary about Solar Industries India Limited (SOLARINDS) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.