Outcome of the Board Meeting dated May 15, 2026.
SOLARINDS · price
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Solar Industries India reported strong full-year FY2026 results with consolidated revenue from operations at ₹9,837.74 crore, up 30.5% year-on-year from ₹7,540.26 crore. Net profit grew 34.8% to ₹1,736.64 crore from ₹1,287.93 crore. Operating margin expanded to 24.10% (vs 23.67% in FY2025). EBITDA margin also improved to 24.10%. The company completed acquisition of Problast Group (effective July 1, 2024) and finalised goodwill of ₹117.27 crore, with prior period figures restated. Turkish subsidiary results were restated under Ind AS 29 (hyperinflationary economy accounting) with a net impact of ₹94.53 crore debited to expenses for the year. No exceptional items were recorded. The Board recommended a final dividend of ₹11 per equity share (550% on face value of ₹2).
The company delivered robust double-digit growth in both revenue and profit, with margin expansion indicating improved operational efficiency. The Problast acquisition has been fully integrated with prior-year comparatives restated, which may require investors to adjust historical analysis. Positive cash generation and strong debt metrics support a stable financial outlook.