Solar Industries India revenue and financials
₹20,020.90Change from previous close: −0.39%Absolute change: −₹78.95
In the fiscal year ended March 2026, Solar Industries India reported revenue of ₹96.12B (+30.59% year over year). Net income was ₹16.78B, a net margin of 17.5%.
Fiscal year ending in March. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +30.59%
- FY to Mar 2026 vs FY to Mar 2025
- Net income growth
- +38.70%
- FY to Mar 2026 vs FY to Mar 2025
- Net margin
- 17.5%
- FY to Mar 2025: 16.4%
Financial data
Amounts in millions of INR; per-share values in INR; shares in millions.
| Item | FY to Mar 2026 | FY to Mar 2025 | FY to Mar 2024 | FY to Mar 2023 | FY to Mar 2022 |
|---|---|---|---|---|---|
| Total assets | 109,185 | 82,981 | 57,372 | 50,363 | — |
| Current assets | 50,375 | 41,225 | 26,484 | 25,014 | — |
| Cash and equivalents | 4,694 | 5,904 | 2,590 | 2,450 | — |
| Short-term investments | 110 | 5,316 | 2,160 | 248 | — |
| Inventory | 17,419 | 10,400 | 8,468 | 10,980 | — |
| Net property, plant and equipment | 49,001 | 34,483 | 25,420 | 20,610 | — |
| Goodwill | 1,705 | 1,473 | 298 | 107 | — |
| Other intangible assets | 977 | 731 | 440 | 508 | — |
| Long-term investments | 370 | 364 | 278 | 275 | — |
| Current liabilities | 24,489 | 21,139 | 15,014 | 16,323 | — |
| Accounts payable | 6,317 | 4,925 | 3,229 | 4,885 | — |
| Long-term debt | 8,204 | 3,939 | 5,836 | 4,727 | — |
| Total debt | 18,093 | 13,696 | 13,676 | 11,947 | — |
| Total liabilities | 43,696 | 37,247 | 23,100 | 22,856 | — |
| Total equity (incl. minority) | 65,489 | 45,734 | 34,273 | 27,507 | — |
| Retained earnings | 49,769 | 34,466 | 23,925 | 16,815 | — |
| Minority interest | 2,717 | 1,602 | 1,217 | 1,404 | — |