Solar Industries India Ltd

The names of the clients have been kept confidential. The order, placed by international entities, involves the supply of defence products and will be executed over a period of 4 years. The company clarified that neither its promoters nor the promoter group have any interest in the awarding entities, and the transaction does not qualify as a related-party deal. Solar Industries India is primarily involved in manufacturing of complete range of industrial explosives and explosive initiating devices. It manufactures various types of packaged emulsion explosives, bulk explosives and explosive initiating systems. Shares of Solar Industries India shed 0.28% to Rs 13,878.30 on the BSE. Powered by Capital Market - Live

Solar Industries India and its subsidiary have received export orders worth Rs 1400 crore for supply of defence products, to be delivered over a period of 4 years.Powered by Capital Market - Live

Solar Industries India has issued commercial paper aggregating to Rs 50 crore on 11 November 2025. Powered by Capital Market - Live

Net profit of Solar Industries India rose 20.67% to Rs 344.97 crore in the quarter ended September 2025 as against Rs 285.88 crore during the previous quarter ended September 2024. Sales rose 21.35% to Rs 2082.22 crore in the quarter ended September 2025 as against Rs 1715.83 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales2082.221715.83 21 OPM %26.5025.92 - PBDT550.14450.58 22 PBT489.52406.97 20 NP344.97285.88 21 Powered by Capital Market - Live

Revenue from operations increased 21.35% YoY to Rs 2,082.22 crore for the quarter ended 30 September 2025. On sequentially, the company's consolidated net profit rose 1.85% and 3.35% decline in revenue. Total expenses increased 20.56% to Rs 1,620.94 crore in Q2 FY26 as compared with Rs 1,344.41 crore in Q2 FY25. Cost of raw material consumed stood at Rs 908.18 crore (up 33.25% YoY), employee benefit expenses was at Rs 194.70 crore (up 34.56% YoY) during the period under review. Profit before tax (PBT) for the quarter stood at Rs 489.52 crore in Q2 FY26, up 20.28% from Rs 406.97 crore reported in Q2 FY25. On half-year basis, the company's net profit rose 19.15% to Rs 683.67 crore on 24.58% increase in revenue to Rs 4,236.67 crore in H1 FY26 over H1 FY25. Solar Industries India (SIIL) is the flagship company of the Solar Group. SIIL, along with its subsidiaries, manufactures bulk explosives, packaged explosives, and initiating systems, which find application in the mining, infrastructure, and construction industries. Powered by Capital Market - Live

Solar Industries India will hold a meeting of the Board of Directors of the Company on 10 November 2025.Powered by Capital Market - Live

Solar Industries India announced that ICRA has rated the commercial paper of the company aggregating Rs 250 crore at ICRA A1+.Powered by Capital Market - Live

Solar Industries India has received order worth Rs 483 crore for supply of bulk explosives from South Eastern Coalfields, to be delivered over a period of 2 years. Powered by Capital Market - Live

The order will be executed over a period of two years and involves the supply of bulk explosives to support SECL's mining operations. The company also clarified that neither its promoters nor any member of the promoter group has any interest in the awarding authority, and the transaction does not fall under the category of related party transactions as per regulatory requirements. Solar Industries India (SIIL) is the flagship company of the Solar Group. SIIL, along with its subsidiaries, manufactures bulk explosives, packaged explosives, and initiating systems, which find application in the mining, infrastructure, and construction industries. The company's consolidated net profit jumped 18.2% to Rs 338.70 crore on 27.9% increase in revenue from operations to Rs 2,154.45 crore in Q1 FY26 over Q1 FY25. The scrip declined 1.12% to Rs 13,986.80 on the BSE. Powered by Capital Market - Live

Solar Industries India announced that an explosion incident had occurred on 04 September 2025 at 12:33 am in Crystallization Building while performing crystallization process of an energetic material in Solar Industries India, Chakdoh, Nagpur (MH). The safety mechanism systems got activated and people working in the area were evacuated as per the emergency procedure, before the explosion took place. Due to the shock impact of explosion, one person has lost his life, and eight persons were injured in areas near by this building. The Company deeply mourns this loss of life and stands with the family of the deceased in this moment of grief. Powered by Capital Market - Live