Solar Industries India Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Solar Industries management held a call to discuss the proposed acquisition of South Africa's Omnia Holdings Limited through its step-down subsidiary Solar Overseas Investments Proprietary Limited. Management described the strategic rationale, funding plans through debt and internal accruals, and projected combined revenue and EBITDA figures for FY28. Management also addressed questions on synergies, market share expansion in Africa, and the acquired company's agriculture business.
Solar Industries reported record quarterly and annual sales of INR3,053 crores and INR9,838 crores respectively, with EBITDA and PAT growing 59% and 61% year-on-year in Q4. Defense revenue nearly doubled with growth of 134% in Q4 and 94% for the full year, while international business grew 32% year-on-year. Management targeted revenue of INR14,000 crores for FY27 backed by an order book of INR21,300 crores and announced a dividend of INR11 per share.