Solar Industries Q4 PAT Jumps 61% to INR556 Crores

Solar Industries reported record Q4 FY26 revenue of INR3,053 crores and PAT of INR556 crores, with defense business surging 134% YoY.
Company provided strong FY27 revenue guidance of INR14,000 crores and maintained margin outlook, backed by an INR21,300 crore order book.
Management outlined aggressive expansion plans with INR2,050 crores capex for FY27 and increased dividend to INR11 per share.
Key growth drivers include international market expansion in Africa and defense products like Bhargavastra and 155mm ammunition under development.