Rs 17,000 Crore Order Book: High Energy Explosive Manufacturer Secures Rs 402 Crore Order from Coal India; Stock Delivers Over 1,700 Per Cent Return in 5 Years
In the past one year, the stock surged by 70.27 per cent, significantly outperforming the Nifty 50 index which returned 9.17 per cent.
Solar Industries India Limited witnessed a rise in its stock price after announcing a new order worth Rs 402 crore from Coal India for the supply of cartridge explosives and accessories. The stock climbed over 1.4 per cent in early trade and was trading at Rs 16,167 as of June 2, 2025, 11:40 am IST, marking an intraday gain of 0.39 per cent. The order will be fulfilled over a two-year period and is expected to contribute meaningfully to the company’s revenue pipeline.
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The company has delivered multibagger returns over multiple timeframes. In the past one year, the stock surged by 70.27 per cent, significantly outperforming the Nifty 50 index which returned 9.17 per cent. Over a three-year period, the returns stand at an impressive 517 per cent, while the five-year return is a staggering 1,703 per cent. Such performance positions Solar Industries as a strong player in the defence and industrial segments and a notable Mid-Cap contributor.
As per the company’s Q4FY25 investor presentation, Solar Industries has a robust total order book of over Rs 17,000 crore. Of this, approximately Rs 1,800 crore is attributed to the industrial sector, and Rs 15,200 crore is linked to the defence sector, where the company has been aggressively expanding with the development of missile propellants, armed drones, and loitering munitions.
In terms of financials, the company reported strong Quarterly Results for Q4FY25. Revenue from operations rose 34.51 per cent year-on-year to Rs 2,167 crore, up from Rs 1,611 crore in Q4FY24. Profit After Tax (PAT) for the quarter increased by 42 per cent to Rs 346 crore, compared to Rs 243 crore in the same quarter last year. On an annual basis, revenue from operations for FY25 stood at Rs 7,540 crore, reflecting a 24.23 per cent increase from Rs 6,070 crore in FY24. The PAT surged by 46.99 per cent to Rs 1,288 crore, indicating consistent operational efficiency and profitability.
Solar Industries India Limited is primarily engaged in manufacturing industrial explosives and detonators for sectors such as mining, infrastructure, and construction. Over recent years, it has also expanded into the defence sector, supplying propellants for missiles and rockets, and launching initiatives for manufacturing modern defence equipment.
Disclaimer: The article is for informational purposes only and not investment advice.