Solar Industries India Limited has informed the Exchange regarding a press release dated May 20, 2025, titled "Updates on Audited Financial Results (Standalone & Consolidated) of the Company for the quarter and year ended on March 31, 2025."".
SOLARINDS · price
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Awaiting price reaction for this filing.
Solar Industries India has filed its audited financial results for Q4 and FY25 with the exchanges. The accompanying press release highlights that the company's order book has crossed ₹15,000 crore+, boosted by a landmark ₹6,084 crore order for Pinaka rockets and around ₹8,500 crore in international contracts. The company inaugurated a loitering munition testing range, hosted the Prime Minister at the event, and signed a ₹12,700 crore MoU with the Government of Maharashtra to invest in defence and aerospace over the next decade. For FY26, Solar targets total revenues of ₹10,000 crore, with 15-20% growth expected from the explosives segment. Defence is projected to grow its share of total revenue from the current 18% to over 30%. The company also indicated a substantial dividend for the year, reflecting financial health and shareholder commitment.
The massive order book growth, large defence contracts, and aggressive FY26 revenue target of ₹10,000 crore signal strong business momentum and could be positive for shareholder sentiment, though the actual audited numbers were not part of this filing.