Solar Industries India shares witnessed a 2.05% increase, trading at ₹18,569.00 as of August 6, 2026, at 12:17 PM. According to latest market data, the stock has shown strong performance with a 52-week high of ₹19,187 and 52-week low of ₹11,646, reflecting significant volatility. The current trading price represents a ₹163 increase from the previous closing, with the stock fluctuating between ₹18,353 and ₹18,830 during the session. The company's market capitalization stands at ₹1,66,501.70 crore, with PE and PB ratios of 136.29 and 39.39 respectively, indicating premium valuations in the market. The stock has demonstrated strong momentum with 38.7% growth over the past six months and 26.96% increase over the last year.
In the quarter ending December 2025, Solar Industries India reported a consolidated revenue of ₹3,052.75 crore, representing a substantial increase from ₹2,166.55 crore in the quarter ending March 2025, marking a growth of approximately 40.92%. Net profit also saw a significant rise, climbing from ₹348.69 crore in March 2025 to ₹554.75 crore in March 2026, an increase of about 59.01%. Earnings Per Share (EPS) for the quarter ending March 2026 stood at 60.52, up from 35.61 in March 2025, reflecting enhanced profitability per share. The company's diversified business model spans industrial explosives manufacturing, explosive initiating devices, and military ammunition production, positioning it as a key player in the aerospace and defence sector.
Annually, Solar Industries India's consolidated revenue has shown robust expansion, growing from ₹3,947.61 crore in the year ending March 2022 to ₹9,837.74 crore in the year ending March 2026. This represents a significant growth of approximately 149.26% over four years. Net profit has more than tripled during the same period, reaching ₹1,736.37 crore in 2026 from ₹455.47 crore in 2022, a remarkable increase of approximately 281.23%. The EPS has also significantly increased from 48.77 in 2022 to 185.39 in 2026. The company's strong financial performance reflects its strategic focus on high-value industrial and defence applications, with recent contracts including a ₹6,084 crore defence contract for Pinaka multiple rocket launcher systems.
As of the year ending March 2026, Solar Industries India's total assets stood at ₹10,918 crore, a significant increase from ₹8,261 crore in the year ending March 2025, demonstrating a growth of approximately 32.17%. This expansion was supported by a substantial increase in fixed assets from ₹3,288 crore to ₹4,566 crore (a 38.86% increase) and current assets from ₹4,126 crore to ₹5,037 crore (a 22.08% increase) over the same period. The company's reserves and surplus also expanded significantly, from ₹4,368 crore in March 2025 to ₹6,259 crore in March 2026, representing a growth of approximately 43.33%. The company operates the world's largest packaged explosives manufacturing facility in Nagpur, India, supporting major mining and infrastructure companies including global giants such as Coal India Limited, Singareni Collieries, and Vedanta Ltd.
Solar Industries India has announced a final dividend of ₹11.00 per share (550%) for the financial year 2025-26, with an effective date of July 28, 2026. This follows previous final dividends of ₹10.00 per share (500%) in 2025 and ₹8.50 per share (425%) in 2024, demonstrating a consistent return to shareholders. The company also underwent a stock split on July 13, 2016, which changed the face value from ₹10 to ₹2. The company's diversified business model includes manufacturing various types of packaged emulsion explosives, bulk explosives, explosive initiating systems, and ammunition for military applications, positioning it well for continued growth in the aerospace and defence sectors.
