Defence firm declares 550% dividend after PAT jumps 61% in Q4 results - Check record date

Solar Industries Q4 Results: Solar Industries India Limited reported financial results for Q4 FY26 and FY25 with year-on-year growth in revenue, EBITDA and profit. In Q4 FY26, the company reported net revenue of Rs 3,053 crore, compared with Rs 2,167 crore in Q4 FY25, an increase of 40.87 per cent.

EBITDA for the quarter stood at Rs 870 crore, compared with Rs 546 crore in the same period last year, an increase of 59.34 per cent. EBITDA margin improved by 330 basis points to 28.5 per cent from 25.21 per cent.

Profit before tax (PBT) was Rs 759 crore in Q4 FY26, compared with Rs 464 crore in Q4 FY25, an increase of 63.58 per cent.

Profit after tax (PAT) stood at Rs 556 crore in Q4 FY26, compared with Rs 346 crore in Q4 FY25, an increase of 60.69 per cent. PAT margin rose to 18.21 per cent from 15.98 per cent.

Solar Industries India Dividend

The company has proposed a dividend of Rs 11 per share for FY26-27, compared with Rs 10 per share in the previous year. The face value of the share is Rs 2. The dividend works out to 550 per cent of the face value. The record date for the dividend has been fixed as July 28, 2026.

Solar Industries India Dividend History

Solar Industries India Limited has announced multiple corporate actions over the years, mainly in the form of annual general meetings and dividend payouts.

The company has consistently declared dividends for shareholders in recent years. It declared a dividend of Rs 10 per share in 2025, Rs 8.50 per share in 2024, Rs 8 per share in 2023, Rs 7.50 per share in 2022, and Rs 6 per share in both 2021 and 2020. Earlier, it also declared dividends of Rs 7 per share in 2019, Rs 6 per share in 2018, and Rs 3 per share in 2017.

The company has also announced interim dividends in several years, including Rs 2 per share in 2017, Rs 13.50 per share in 2016, Rs 9 per share in 2015, Rs 8 per share in 2014, and Rs 5 per share in 2013 and earlier years.

In 2016, the company carried out a face value split from Rs 10 to Rs 2.

Solar Industries FY26 annual performance

For FY26, the company reported net revenue of Rs 9,838 crore, compared with Rs 7,540 crore in FY25. This is an increase of 30 per cent.

EBITDA for FY26 stood at Rs 2,750 crore, compared with Rs 2,031 crore in FY25. EBITDA margin was 27.95 per cent, compared with 26.94 per cent in FY25.

Profit before tax for FY26 was Rs 2,365 crore, compared with Rs 1,739 crore in FY25. Profit after tax stood at Rs 1,737 crore in FY26, compared with Rs 1,288 crore in FY25. PAT margin was 17.65 per cent, compared with 17.08 per cent in FY25.

Solar Industries Management Statement

Manish Nuwal, Managing Director and CEO of Solar Industries India Limited, said the company reported its highest quarterly and annual revenue at Rs 3,053 crore and Rs 9,838 crore.

He said EBITDA and PAT were at their highest levels for both quarterly and annual periods at Rs 870 crore and Rs 556 crore for the quarter, and Rs 2,750 crore and Rs 1,737 crore for the year.

He said EBITDA margin was 28.51 per cent in the quarter and 27.95 per cent for the year. He said the performance was supported by sales from international and defence businesses and operational work.

Defence and international business update

Revenue from the defence business increased 134 per cent in Q4 FY26 to Rs 1,008 crore. For FY26, defence revenue rose 94 per cent to Rs 2,634 crore.

The company said it expects defence revenue to cross Rs 4,500 crore in FY27 based on current orders and execution. International business revenue increased 32 per cent year-on-year.

The company said it is expanding capacity in India and overseas through new plants in different regions. It said the defence business is being developed as a separate segment with long-term plans.

Solar Industries Outlook and Investment

The company said it recorded around 30 per cent revenue growth in FY26 and met its EBITDA guidance. It has set a revenue target of around Rs 14,000 crore for FY27. The company said it has an order book of Rs 21,300 crore.

It said it has invested more than Rs 2,700 crore in the last two years. It has planned capital expenditure of Rs 2,050 crore for FY27. Solar Industries India Limited is engaged in the explosives, defence and aerospace solutions business.

Solar Industries India Share Price

Solar Industries India Limited closed higher on Friday. The stock ended at Rs 17,314, up Rs 649 or 3.89 per cent.

The stock gained 7.67 per cent in one week, compared with a 3.10 per cent decline in the Nifty Next 50 index. In one month, it rose 16.49 per cent, while the Nifty Next 50 gained 1.04 per cent.

On a year-to-date basis, the stock has risen 42.53 per cent, against a 0.57 per cent fall in the Nifty Next 50. In one year, the stock gained 24.93 per cent, compared with a 4.61 per cent rise in the index.

Over three years, the stock rose 362.89 per cent, while the Nifty Next 50 gained 69.00 per cent. Over five years, the stock delivered a return of 1,333.71 per cent, compared with 93.57 per cent for the index.

The stock touched a 52-week high of Rs 17,820 on 30 June 2025 and a 52-week low of Rs 11,646 on 18 December 2025. Solar Industries India is part of the Nifty Next 50 index. It operates in the explosives sector. The company has a market capitalisation of Rs 1,56,909.76 crore.