Solar Industries India Ltd: Defense stock became a rocket as profit increased by 70%, know which gift made investors happy?

Business Desk- Solar Industries India Ltd: Shares of Solar Industries India Ltd, a leading company in the defense and explosives sectors, saw a huge jump after the announcement of its quarterly results. The stock touched an intraday high of Rs 17,950, rising nearly 3.7% from its previous closing price.

The company’s profit increased by almost 70% in the fourth quarter of the financial year 2025-26, which attracted the attention of both the market and investors. A strong order book, continuously increasing share in the defense business and better margins have taken the company’s performance to new heights. Apart from this, the company declared a dividend of Rs 11 per share for investors, which further strengthened the buying sentiment towards the stock.

FY26 Q4 results

According to the fourth quarter results released recently by Solar Industries India, the company recorded a net profit of Rs 547.63 crore, which was Rs 322.23 crore in the same quarter last year.

This means that profits have increased by 70% year-on-year (YoY). Meanwhile, the company’s revenue also witnessed a sharp YoY growth of 41% to Rs 3,052.75 crore as compared to Rs 2,166.55 crore in the same quarter last year.

59% increase in EBITDA

Solar Industries India’s EBITDA grew by almost 59% YoY, from Rs 546 crore to Rs 870 crore. EBITDA margin also saw an increase of 28%.

Solar Industries announces dividend

Along with its FY26 quarterly results, Solar Industries India announced a significant dividend for its investors. For FY2026, the company has declared a dividend of Rs 11 per share on its equity shares, whose face value is Rs 2. The company has fixed July 28 as the record date for this dividend.

Share price jumps 15% in five days

A spectacular rise has been seen in the shares of Solar Industries recently. Over the last five trading sessions, the company’s stock has risen about 15.2%. From a long-term perspective, this stock has given tremendous multi-bagger returns to its investors. Approximately 22% return in one year and a staggering 365% return in three years. The current market capitalization of the company is Rs 1,57,015 crore.