SOLARINDS
1 call
Concalls & earnings callsSolar Industries India Limited
Every summarised call, newest first. Latest is Q1 FY27, held 15 Sept 2026.
Latest quarter
Q1 FY27 snapshot
Open full brief →Solar Industries agreed to acquire South Africa's Omnia Holdings for cash funded by debt and internal accruals to build an integrated global explosives and blasting solutions platform with backward integration into ammonium nitrate.
| Metric | This quarter | Change | Five-quarter trend |
|---|---|---|---|
| Solar projected current year revenue | ₹14,000 Cr | — | |
| Solar projected FY28 revenue | ₹16,500 Cr | — | |
| Omnia expected EBITDA without synergies | $180 million | — | |
| Combined FY28 EBITDA target | ₹7,000 Cr | — |
Latest guidance
- Benefits of expanded footprint, industrial base and broader customer access are expected to become increasingly visible from FY '28 itself
- Net debt to EBITDA to remain below two times through FY28, with total debt around INR10,000 crores to INR11,000 crores by FY28
- No equity issuance planned; acquisition to be funded through internal accruals and debt, including debt on Omnia's books
- Defense capex program of around INR12,000 crores and product pipeline to continue with no reduction in focus or capital allocation
Said on the Q1 FY27 call.
Filed results
Reported quarterly history
From filed quarterly results. YoY and QoQ compare each metric on the same accounting basis.
| Quarter | Revenue | Net profit (PAT) | Basic EPS |
|---|---|---|---|
| Q3 FY25 | ₹1,973.08 Cr+38.1% YoY+15% QoQ | ₹337.50 Cr+52.1% YoY+11.1% QoQ | ₹0.00-100% YoY-100% QoQ |
| Q2 FY25 | ₹1,715.83 Cr+27.3% YoY+1.2% QoQ | ₹303.78 Cr+45.4% YoY+1.1% QoQ | ₹31.59+42.8% YoY-0.2% QoQ |
| Q1 FY25 | ₹1,694.78 Cr+0.7% YoY+5.2% QoQ | ₹300.54 Cr+49.1% YoY+23.8% QoQ | ₹31.66+45.1% YoY+21.9% QoQ |
| Q4 FY24 | ₹1,610.71 Cr-16.5% YoY+12.7% QoQ | ₹242.71 Cr+10% YoY+9.4% QoQ | ₹25.98+14% YoY+15.6% QoQ |
| Q3 FY24 | ₹1,429.14 Cr-21.1% YoY+6.1% QoQ | ₹221.94 Cr+1.1% YoY+6.2% QoQ | ₹22.47-0.6% YoY+1.6% QoQ |
Call history
- Q1 FY27Positive tone
Solar Industries agreed to acquire South Africa's Omnia Holdings for cash funded by debt and internal accruals to build an integrated global explosives and blasting solutions platform with backward integration into ammonium nitrate.
- Solar projected current year revenue
- ₹14,000 Cr
- Solar projected FY28 revenue
- ₹16,500 Cr