Solar Industries India shares gained 2.33% to trade at ₹18,474.00 in Friday's early session, as reported by Moneycontrol. The stock remains a constituent of the Nifty Next 50 index, reflecting its position among prominent large-cap companies. The strong performance comes amid continued investor interest in the company's consistent financial growth trajectory.
For the quarter-ending March 2026, Solar Industries India reported consolidated revenue of ₹3,052.75 crore, representing a significant increase from ₹2,166.55 crore in the corresponding quarter of the previous year. According to Moneycontrol reports, consolidated net profit also showed robust growth, reaching ₹554.75 crore in March 2026, up from ₹348.69 crore in March 2025. Earnings per Share (EPS) followed a similar upward trend, climbing to ₹60.52 in March 2026 from ₹35.61 in March 2025.
On an annual basis, the company's performance remained strong with consolidated revenue for the year-ending March 2026 reaching ₹9,837.74 crore, a substantial increase from ₹7,540.26 crore in March 2025. As reported by Moneycontrol, net profit rose to ₹1,736.37 crore in March 2026, compared to ₹1,282.38 crore in March 2025. The annual EPS for March 2026 was ₹185.39, up from ₹133.65 in March 2025, demonstrating consistent growth across all financial metrics.
According to Moneycontrol reports, key financial ratios show a P/E ratio of 65.14 and a P/B ratio of 17.40 as of March 2026. The company's Debt to Equity ratio stands at 0.23, indicating a healthy financial structure. The Return on Networth (ROE) for March 2026 was 26.72%, while Return on Capital Employed (ROCE) was 29.50%. The company's balance sheet shows total assets of ₹10,918 crore as of March 2026, up from ₹8,261 crore in March 2025.
In terms of corporate actions, Solar Industries India has declared a final dividend of ₹11.00 per share (550%) for the year-ending March 2026, with an effective date of July 28, 2026. As reported by Moneycontrol, this compares to a final dividend of ₹10.00 per share (500%) declared for March 2025. The company also had a stock split in 2016, where the face value changed from ₹10 to ₹2.
