Solar Industries India LimitedSOLARINDSCorporate

Basic Materials Specialty Chemicals Latest results: Jun 2026 15 quarters of data
₹20,011.00
MCap ₹181,080 Cr · P/E 88.3
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹3,668 Cr
Sales · Jun 2026
+70.3% YoY
₹1,015 Cr
Operating Profit · Jun 2026
+89.8% YoY
27.7%
OPM % · Jun 2026
+11.7% YoY
₹666 Cr
Net Profit · Jun 2026
+89.0% YoY
₹72.11
EPS · Jun 2026
+92.7% YoY

📝 Solar Industries India Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Solar Industries India Limited reported revenue of ₹3,668 crore for the quarter ended June 2026 (Q1 FY27), up 70.3% from ₹2,154 crore in the same quarter last year, and up 20.2% sequentially over the March 2026 quarter.

Net profit rose 89.0% year-on-year to ₹666 crore, from ₹353 crore. Earnings per share (EPS) came in at ₹72.11.

Operating profit stood at ₹1,015 crore — an operating margin (OPM) of 27.7%, compared with 24.8% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Solar Industries India Limited posted revenue of ₹9,838 crore, a growth of 30.3% over FY25, with a net profit of ₹1,737 crore (up 34.9% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹11,351 crore with a net profit of ₹2,051 crore.

Valuation snapshot

At the current price of ₹20,011.00, SOLARINDS has a market capitalisation of ₹181,080 crore and a trailing P/E of about 88.3.

Within the Specialty Chemicals industry, it is the 2nd-largest of the 66 companies we track by market value.

Shareholding pattern

As of Mar 2026, promoters held 73.15%, foreign institutional investors (FIIs) 6.59%, domestic institutional investors (DIIs) 12.89%, public shareholders 7.35% of Solar Industries India Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹181,080 Cr
Current Price ?
₹20,011.0
P/E ?
88.30above ind
Industry P/E ?
29.60
P/B ?
28.85
P/S ?
15.95
P/FCF ?
-168.92
Enterprise Value ?
₹182,604 Cr
EV/EBITDA ?
58.87
PEG ?
3.04
Earnings Yield ?
1.5%
Dividend Yield ?
0.06%
Profitability & Returns
Sales (TTM) ?
₹11,351 Cr
OPM ?
27.3%
Profit after tax (TTM) ?
₹2,051 Cr
EPS (TTM) ?
₹226.63
ROCE ?
37.0%
ROE ?
32.7%
ROA ?
18.8%
Growth
Sales — latest qtr ?
₹3,668 Cr
PAT — latest qtr ?
₹666 Cr
YoY qtr sales growth ?
70.3%
YoY qtr profit growth ?
89.0%
Sales growth (3y) ?
12%
Sales growth (5y) ?
31%
Profit growth (3y) ?
29%
Profit growth (5y) ?
43%
Financial Health
Debt ?
₹1,524 Cr
Debt to Equity ?
0.24
Interest Coverage ?
17.8
Current Ratio ?
N/A
Ownership
Promoter holding ?
73.15%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
8.4%
Return 6 months ?
32.6%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 1,8121,9291,6821,3471,4291,6111,6951,7161,9732,1672,1542,0822,5483,0533,668 +70.3% +20.2%
Operating Profit 3503573233363563544494455295405355537088261,015 +89.8% +22.9%
Other Income 71188112024301072929254617 -41.1% -62.5%
Interest 253125252832273033292731344141 +50.4% +0.6%
Depreciation 323534343937404447505661637180 +42.4% +12.3%
Profit Before Tax 299302272285299305408407459464481490636759911 +89.6% +20.1%
Net Profit 219221202209222243301304338346353361467556666 +89.0% +19.9%
EPS 22.6122.7821.8222.1222.4725.9831.6631.5934.8035.6137.4338.1249.3160.5272.11 +92.7% +19.2%
OPM % 19.3% 18.5% 19.2% 24.9% 24.9% 22.0% 26.5% 25.9% 26.8% 24.9% 24.8% 26.5% 27.8% 27.1% 27.7% +11.7% +2.2%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹7,550 Cr ₹9,838 Cr ₹11,351 Cr +30.3%
Operating Profit ₹1,962 Cr ₹2,622 Cr ₹3,102 Cr +33.6%
OPM % 25.99% 26.65% 27.33% +2.5%
NPM % 17.06% 17.66% 18.07% +3.5%
Other Income ₹72 Cr ₹130 Cr ₹117 Cr +80.4%
Depreciation ₹182 Cr ₹251 Cr ₹274 Cr +38.1%
Interest ₹118 Cr ₹133 Cr ₹147 Cr +12.5%
EBIT ₹1,781 Cr ₹2,371 Cr ₹2,828 Cr +33.1%
PBT ₹1,739 Cr ₹2,365 Cr ₹2,796 Cr +36.0%
Tax ₹451 Cr ₹256 Cr ₹373 Cr -43.2%
Net Profit ₹1,288 Cr ₹1,737 Cr ₹2,051 Cr +34.9%
EPS ₹133.66 ₹185.38 ₹220.06 +38.7%
Material Cost ₹3,933 Cr ₹2,148 Cr ₹2,922 Cr -45.4%
Employee Cost ₹605 Cr ₹378 Cr ₹450 Cr -37.4%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 18181818 +0.0%
Reserves 2,5923,2884,3686,259 +43.3%
Borrowings 1,1951,1389751,524 +56.3%
Other Liabilities 1,1041,1342,7443,117 +13.6%
Total Liabilities 4,9095,5778,10610,918 +34.7%
Fixed Assets 1,7022,0282,6924,045 +50.3%
CWIP 282490707692 -2.1%
Investments 99370676183 -72.9%
Other Assets 2,8262,6904,0305,999 +48.9%
Total Assets 4,9095,5778,10610,918 +34.7%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 6561,4062,468621 -74.8%
Cash from Investing Activity -614-1,022-1,660-1,164 +29.9%
Cash from Financing Activity 118-370-476209 +143.9%
Net Cash Flow 16014331-334 -200.9%
Free Cash Flow 1838581,466-1,072 -173.1%
CFO/OP 68%115%142%49% -65.5%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 44516069 +15.0%
Inventory Days 929797130 +34.0%
Days Payable 41374647 +2.2%
Cash Conversion Cycle 95111111152 +36.9%
Working Capital Days 31393774 +100.0%
ROCE % 36%32%38%37% -2.6%

👥 Shareholding (latest 4 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026 % Chg
Promoters 73.15%73.15%73.15%73.15% +0.0%
FIIs 6.79%7.11%6.74%6.59% -2.2%
DIIs 13.59%12.90%12.91%12.89% -0.2%
Public 6.47%6.84%7.20%7.35% +2.1%
No. of Shareholders 97,7121,05,0141,13,8691,15,917 +1.8%

⚖️ Peer comparison

Industry: Specialty Chemicals · top 25 of 66 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 ASIANPAINT Asian Paints ₹2,472.50 237,025 49.8 37,152 4,798 19.5% 12.9% 5.1% 18.0% 18.1% 41.8%
2 SOLARINDS Solar Industries ₹22,290.00 201,702 101.3 11,351 2,051 27.3% 18.1% 30.3% 34.9% 70.3% 89.0%
3 PIDILITIND Pidilite Industries ₹1,566.90 159,492 60.2 15,399 2,676 24.5% 17.4% 11.1% 17.9% 21.3% 30.3%
4 BERGEPAINT Berger Paints ₹458.50 53,461 43.9 12,263 1,218 15.6% 9.9% 2.9% -4.7% 12.0% 28.6%
5 LINDEINDIA Linde India ₹6,250.00 53,303 97.6 2,654 546 34.4% 20.6% 1.8% 20.8% 21.6% -2.4%
6 FLUOROCHEM Gujarat Fluorochemicals ₹4,773.00 52,431 85.7 5,303 609 25.9% 11.5% 5.5% 5.1% 24.0% 19.0%
7 HSCL Himadri Speciality ₹664.25 33,516 41.6 4,974 805 20.2% 16.2% 1.0% 36.2% 28.0% 27.4%
8 ACUTAAS Acutaas Chemicals ₹3,163.20 25,897 67.1 1,462 387 37.2% 26.5% 33.0% 121.8% 59.1% 70.4%
9 AETHER Aether Industries ₹1,792.00 23,785 108.3 1,153 219 31.4% 19.0% 37.5% 38.8% 27.1% 8.0%
10 ATUL Atul ₹6,250.50 18,403 23.1 6,643 811 17.4% 12.2% 12.4% 38.2% 25.0% 91.8%
11 AARTIIND Aarti Industries ₹470.80 17,078 32.2 9,011 531 14.8% 5.9% 14.1% 26.6% 42.4% 260.5%
12 BASF BASF India ₹3,669.00 15,882 24.7 16,041 643 5.9% 4.0% -1.1% -12.4% 24.5% 163.0%
13 FINEORG Fine Organic ₹5,170.50 15,853 36.2 2,471 438 21.6% 17.7% 4.2% 1.5% 18.0% 18.0%
14 SPLPETRO Supreme Petrochem ₹820.50 15,429 32.0 5,644 482 12.9% 8.5% -11.4% -16.1% 22.1% 192.1%
15 KANSAINER Kansai Nerolac ₹188.79 15,269 25.4 8,264 589 12.1% 7.1% 2.9% -48.1% 9.8% 5.9%
16 PRIVISCL Privi Speciality ₹3,551.10 13,872 39.7 2,672 342 24.9% 12.8% 22.0% 71.1% 19.2% 44.2%
17 ANURAS Anupam Rasayan ₹1,153.90 13,137 74.3 2,535 225 22.2% 8.9% 64.5% 39.1% 34.8% 5.7%
18 VINATIORGA Vinati Organics ₹1,253.90 13,008 29.0 2,381 449 27.9% 18.8% -1.0% 9.6% 28.4% 4.5%
19 500123 Elantas Beck ₹13,869.00 10,995 61.9 937 177 23.2% 18.9% 11.1% 6.6% 34.8% 82.1%
20 PRASOLCHEM Prasol Chemicals ₹791.80 4,686 — — — — — — — 35.5% 154.3%
21 JUBLCPL Jubilant Agri ₹2,117.00 3,208 24.7 1,972 130 10.2% 6.6% — — 18.4% 4.8%
22 504092 Indokem ₹86.92 1,695 107.3 174 2 3.0% 1.3% -4.9% -41.1% 12.2% 52.9%
23 524717 Titan Biotech ₹576.80 1,681 70.3 219 34 19.4% 15.5% 31.8% 38.7% 27.2% 58.3%
24 PAUSHAKLTD Paushak ₹651.65 1,607 34.0 277 48 28.9% 17.2% 4.3% -18.4% 51.4% 50.1%
25 506532 Nitta Gelatin ₹1,664.40 1,511 14.6 591 103 24.3% 17.5% 12.0% 15.5% 1.3% 32.5%
❓ Frequently asked questions
What was Solar Industries India Limited's revenue in Q1 FY27?
Solar Industries India Limited reported revenue of ₹3,668 crore for the quarter ended June 2026 (Q1 FY27), up 70.3% from ₹2,154 crore in the same quarter last year, and up 20.2% sequentially over the March 2026 quarter.
What was Solar Industries India Limited's net profit in Q1 FY27?
Net profit rose 89.0% year-on-year to ₹666 crore, from ₹353 crore. Earnings per share (EPS) came in at ₹72.11.
What is SOLARINDS's market capitalisation and P/E ratio?
At the current price of ₹20,011.00, SOLARINDS has a market capitalisation of ₹181,080 crore and a trailing P/E of about 88.3.
Who owns Solar Industries India Limited? (shareholding pattern)
As of Mar 2026, promoters held 73.15%, foreign institutional investors (FIIs) 6.59%, domestic institutional investors (DIIs) 12.89%, public shareholders 7.35% of Solar Industries India Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI