Solar Industries' Q2FY27 A Beat | Debt-EBITDA To Remain Below 2x, Says Company | CNBC TV18
CNBC-TV18 · 04 Nov 2026 · 10 min
Management interview of Solar Industries India Ltd (SOLARINDS), with 5 key numbers discussed.
- Shalinee Mandhana, Joint CFO, Solar Industries
Solar Industries expects to surpass its FY27 revenue guidance of Rs 14,000 cr and sustain EBITDA margins around 28% following strong H1 performance. The company anticipates closing Pinaka guided missile orders of over Rs 2,600 cr before FY27 end, while Bhargavastra trials are set to complete in FY27 with order inflows in FY28. For the Omnia Holdings acquisition, funding is in place, and management expects debt-EBITDA to stay below 2x. Management also tentatively projects FY28 EBITDA of around Rs 7,000 cr including the acquisition.