SOLARINDS quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Solar Industries India Ltd (SOLARINDS) Financials - Quarterly Results, Profit & Loss, Balance Sheet, Cash Flow
Solar Industries India Ltd reported sales of ₹3,519 Cr, operating profit of ₹1,005 Cr (OPM 29%) and net profit of ₹650 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
SOLARINDS quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
1,973
2,167
2,154
2,082
2,548
3,053
3,668
3,519
YoY Sales growth
38
35
28
21
29
41
70
69
Expenses
1,447
1,629
1,620
1,530
1,840
2,227
2,653
2,513
Operating Profit
527
537
535
552
708
826
1,015
1,005
OPM
27%
25%
25%
26%
28%
27%
28%
29%
Other Income
10
7
29
29
25
46
17
15
Interest
31
29
27
31
34
41
41
55
Depreciation
47
50
56
61
63
71
80
88
Profit before tax
459
464
481
490
636
759
911
877
Tax
26%
25%
27%
26%
27%
27%
27%
26%
Net Profit
338
346
353
361
467
556
666
650
EPS in Rs
34.8
35.61
37.43
38.12
49.31
60.52
72.11
68.19
SOLARINDS profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
3,948
6,918
6,070
7,540
9,838
12,788
Sales growth
57
75
-12
24
30
53
Expenses
3,199
5,582
4,588
5,514
7,120
9,234
Operating Profit
748
1,336
1,482
2,026
2,717
3,555
OPM
19%
19%
24%
27%
28%
28%
Other Income
19
-16
-68
10
33
103
Interest
50
90
109
116
134
172
Depreciation
109
128
143
182
251
302
Profit before tax
607
1,102
1,161
1,739
2,365
3,184
Tax
25%
26%
25%
26%
27%
-
Net Profit
455
811
875
1,288
1,737
2,339
EPS in Rs
48.77
83.68
92.38
133.65
185.38
250.13
Dividend Payout
15%
10%
9%
7%
6%
-
SOLARINDS balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
18
18
18
18
18
Reserves
3,288
4,395
5,098
6,259
7,655
Borrowings
1,138
975
876
1,524
1,788
Other Liabilities
1,134
2,754
3,025
2,931
3,702
Total Liabilities
5,577
8,142
9,017
10,733
13,163
Fixed Assets
2,028
2,729
3,240
4,006
4,443
CWIP
490
707
790
731
965
Investments
370
676
278
183
526
Other Assets
2,690
4,030
4,709
5,813
7,229
Total Assets
5,577
8,142
9,017
10,733
13,163
SOLARINDS cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
298
656
1,406
2,468
621
Cash from Investing Activity
-338
-614
-1,022
-1,660
-951
Cash from Financing Activity
-45
118
-370
-476
209
Net Cash Flow
-85
160
14
331
-121
Free Cash Flow
17
183
858
1,466
-1,072
CFO/OP
61%
68%
115%
142%
47%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit