Solar Industries Q1 Results: Profit Jumps 93%, Margin Expands; Shares Hit Record High

Solar Industries India Ltd.'s consolidated net profit saw a 92.6% uptick to Rs 653 crore, according to finanical results data for the first quarter of fiscal 2026-27, according to an exchange filing from the company on Thursday. The profit for the previous financial year was at Rs 339 crore.

The firm's revenue saw a 70.3% increase to Rs 3,668 crore, compared to Rs 2,154 crore in the year prior. The Ebitda (earnings before interest, taxes, depreciation and amortisation) was up 90.1% to Rs 1,015 crore, compared to Rs 534 crore in the year-ago period. The Ebitda margin expanded to 27.7% from 24.8%.

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Solar Industries Q1 (Cons, YoY)

• Net Profit Up 92.6% to Rs 653 crore versus Rs 339 crore
• Revenue Up 70.3% to Rs 3,668 crore versus Rs 2,154 crore
• Ebitda Up 90.1% to Rs 1,015 crore versus Rs 534 crore
• Ebitda Margin at 27.7% versus 24.8% 

On the bourses, Solar Industries shares rallied up to 7% to hit a fresh record high of Rs 20,400 per share. At 3:13 pm, Solar Industries shares were trading near day's high of Rs 20,326. In comparison, BSE Sensex was trading 0.2% lower at 77,813 levels.

Solar Industries Stock Movement 

Solar Industries India Ltd.'s share price saw a 8.51% uptick to settle at Rs 20,324, at the end of the day's trade, compared to a 0.16% downturn of the NSE Nifty 50.

The stock opened at Rs 18,843.00, compared to its previous close of Rs18,730.00. During today's trading session, Solar Industries (India) Ltd. share price moved in the range of Rs 18,744.00 to Rs 20,400.00.

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Looking at its last 52-week performance, the stock has touched a low of Rs 11,646.00 and a high of Rs 19,187.00. On the performance front, Solar Industries (India) Ltd. share price is up 35.14% on a year-on-year basis.

The market capitalization of Solar Industries (India) Ltd. is Rs 1.33 lakh crore, with a P/E ratio of 153.35.

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