Solar Industries India's Q1 FY 2025-26 Quarterly Results

Result Summary

• Solar Industries India Ltd reported a 34.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 27.0%.
• Its expenses for the quarter were up by 28.5% QoQ and 29.7% YoY.
• The net profit increased 45.3% QoQ and increased 17.3% YoY.
• The earnings per share (EPS) of Solar Industries India Ltd stood at 37.4 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Solar Industries India Ltd is a prominent player in the manufacturing sector, primarily engaged in the production and distribution of explosives and explosive-related services. The company caters to various industries such as mining, infrastructure, and defense, providing them with essential explosive products and solutions. Solar Industries India Ltd is known for its extensive product range, including industrial explosives, explosives accessories, and defense products. Recent developments in the company have not been provided in the data, but the company is typically involved in expanding its market presence and enhancing its production capabilities to meet rising demand in its operating sectors.

Revenue

In Q1FY26, Solar Industries India Ltd reported a total income of ₹2183.71 crores, showing significant growth compared to both the previous quarter and the same quarter of the previous fiscal year. The total income increased by 34.1% quarter-over-quarter (QoQ) from ₹1628.36 crores in Q4FY25 and by 27.0% year-over-year (YoY) from ₹1719.07 crores in Q1FY25. This demonstrates a robust revenue performance over the periods, with the company achieving remarkable revenue growth both sequentially and annually.

Profitability

The profitability of Solar Industries India Ltd in Q1FY26 saw a notable improvement. The profit before tax was ₹480.70 crores, which represents a 58.7% increase from the previous quarter's ₹302.82 crores and an 18.3% increase from the previous year's Q1 figure of ₹406.22 crores. The tax expense for Q1FY26 was ₹128.14 crores, rising by 104.5% QoQ from ₹62.67 crores and by 18.9% YoY from ₹107.75 crores. The profit after tax for the quarter stood at ₹352.62 crores, marking a 45.3% increase QoQ from ₹242.71 crores and a 17.3% increase YoY from ₹300.54 crores. Earnings per share also rose, reaching ₹37.40 from ₹26.00 in the previous quarter, which represents a 43.8% QoQ increase and from ₹31.70 in the same quarter last year, an 18.0% YoY increase.

Operating Metrics

For Q1FY26, Solar Industries India Ltd reported total expenses of ₹1703.01 crores, reflecting a 28.5% increase from the previous quarter's ₹1325.54 crores and a 29.7% increase from the same quarter of the previous year, which was ₹1312.85 crores. This increase in expenses can be attributed to various operational factors, although specific causes are not detailed in the provided data. The company's consistent increase in expenses over the quarters and years aligns with its revenue growth, indicating an expansion in operations. Key financial ratios and additional operating metrics were not provided in the data, thus further analysis on ratios like P/E ratio, debt-to-equity ratio, or current ratio cannot be conducted without additional information.