Results - Announcements
Solar Industries India Ltd share price inched up 1.09% to Rs 19620.1. The Company's net profit eased 2.45% to Rs 650.04 crore, while revenue from operations softened by 4.07% to Rs 3518.92 crore in Q3FY26 over Q2FY26.
The market capitalization of Explosives industry group stocks on BSE stood at Rs 1.75 lakh crore, slipping 4.33%. It has improved by 2.26% over last one week and crept higher by 5.55% in last one month while the market capitalization of Solar Industries India Ltd has marginally improved by 2.19% and 5.71% in the same period respectively.
Profit before tax (PBT) of Solar Industries India Ltd stood at Rs 877.49 crore in Q3 FY26, jumping 79.26% year-on-year, and declining 3.73% quarter-on-quarter. EBITDA came in at Rs 990 crore, surging by 89.15% YoY and declining 1.62% sequentially.
Total expenses marginally dropped 4.82% to Rs 2601.09 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 1604.73 crore, contracting by 10.19% YoY, while employee benefits expense was at Rs 266.21 crore, inching up 4.15% YoY.
For the TTM ended FY26, revenue from operations witnessed a strong growth of 30.47% to Rs 9837.74 crore, while net profit saw a strong growth of 34.84% to Rs 1736.64 crore, compared to previous TTM. EBITDA surged by 195790% to Rs 2493.83 crore, and PBT soared 36.03% to Rs 2365.22 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 620.87 crore in FY26, as against Rs 2467.56 crore in FY25.
Solar Industries India Ltd rallied 38.58% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 8.41% during the same period.