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Earnings Call Transcript

Solar Industries India Earnings Call Transcript: Key Takeaways

Solar Industries delivered a massive quarterly beat driven by strong defense execution and international expansion.

Solar Industries India Q2 FY27 concall: date, live audio and summaryConcall page →
Guidance and delivery
Management target Revenue FY27
Highlights
Revenue growth69% YoY growth driven by defense and international segments.
MarginsEBITDA margins expanded to 29.02% from 28% prior year.
Order bookMassive ₹20,178 Cr order book; defense constitutes ₹17,568 Cr.
Demand visibilityStrong visibility from domestic mining, infrastructure, and global defense exports.
Management confidenceHigh; explicitly stating they will surpass prior annual guidance.

Growth

Revenue grew 69% YoY to ₹3,519 Cr; PAT surged 80% to ₹650 Cr.

Outlook

Management raised annual guidance for FY27, expecting to surpass the original 14,000 Cr revenue target.

Risks

Prolonged trial-to-order cycles in advanced missile programs; supply chain and commodity price volatility.

Last quarter's promises, checked

Delivered

  • Guided FY27 EBITDA margin 28-29% → Q delivered 29.02% (= BEAT, single quarter)

Partly delivered

  • Guided FY27 revenue ~₹14,000 Cr → Q revenue ₹3,519 Cr; FY27 target raised above ₹14,000 Cr (= PARTIAL, FY incomplete)
Source

Earnings Call Transcript filed with NSE, NSE: SOLARINDS. Summary written with AI assistance from the document.

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Solar Industries India Ltd: key numbers

Share price
₹19,393.00
Market cap
₹1,75,487 Cr
Revenue (annual)
₹9,838 Cr
Net profit (annual)
₹1,678 Cr
P/E (TTM)
77.5×Sector 51.9×
Promoter holding
73.15%+0.00% QoQ
FII holding
6.13%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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