Published on 18/11/2025 02:37 PM
Solar Industries wins ₹1,400 crore long-term export orders for defence suppliesSolar Industries has secured ₹1,400 crore worth of export orders for defence products to be supplied over four years.By Sheersh Kapoor November 18, 2025, 2:37:25 PM IST (Published)2 Min ReadSolar Industries India Ltd has secured export orders worth ₹1,400 crore for defence products, the company said on Tuesday, further strengthening its global defence pipeline.
The supplies will be executed over a four-year period, marking one of the company’s largest long-term export commitments in the segment.
The order is expected to support visibility for its defence vertical, which has been a key growth driver over recent quarters.
Shares of Solar Industries were trading marginally lower at ₹13,890 on the NSE at 2:11 pm, paring losses from the intraday low of ₹13,651.
The new export orders come at a time when the company has been signalling a step-up in its defence business. Earlier this month, Solar Industries said that, based on its current order book, it remained confident of meeting its FY26 guidance, with the ongoing quarter marking a “new growth phase” for defence.
In the first half of FY26, the defence segment delivered revenue of ₹900 crore—up 57% year-on-year—and already accounting for nearly one-third of the firm’s full-year guidance of ₹3,000 crore.
The September quarter performance also showed momentum across its broader portfolio. Net profit rose 20.6% YoY to ₹345 crore, while revenue grew 21.4% to ₹2,082 crore. Total H1 revenue stood at ₹4,237 crore, or 42% of FY26 guidance of ₹10,000 crore.
Solar Industries’ international business recorded its highest-ever quarterly revenue at ₹960 crore, up 21% YoY, driven by the company’s efforts to expand into new global markets.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!Tagsdefenceshare market todaySolar industries