Solar Industries Dividend 2025: Record Date Tomorrow for Rs.10/Sh Payout; Stock Up 72% in 6 Months

Solar Industries India Ltd, a large cap company operating in the industrial and defence explosives sector, is set to trade ex-dividend on Tuesday, July 8, 2025. The company has declared a final dividend of Rs. 10 per equity share for the financial year ending March 31, 2025. As per the company's board, the record date for determining shareholder eligibility is July 8, 2025. Investors holding shares as of the record date will be entitled to receive the dividend.

Solar Industries Share Price Performance

Solar Industries shares closed at Rs.16,720 on July 7, down Rs. 136 or 0.81% for the day. Over the past 5 days, the stock has slipped by 4.51%, likely due to some profit-booking ahead of the ex-dividend date. However, the stock has surged over 72.5% in the last 6 months and gained 69.5% so far in 2025. With the current M Cap of Rs.1,51,467.68 crore, Solar Industries Share Price also hit a new 52-week high last week.

Solar Industries Dividend History

Solar Industries has given consistent dividend payouts over the past few years. In 2024, it paid a final dividend of Rs. 8.50, Rs. 8 in 2023, and Rs. 7.50 in 2022.

Solar Industries Q4 FY25 Results

Solar Industries India Ltd. reported an impressive set of numbers for the fourth quarter of FY25. The company's consolidated revenue rose by 35% year-on-year to Rs. 2,166.6 crore, compared to Rs. 1,610.7 crore in the same quarter last year. The net profit surged 37% to Rs. 322.2 crore. EBITDA jumped 53% to Rs. 539.7 crore, up from Rs. 353.7 crore, while margins improved to 24.9% from 22% a year ago.

After posting the Q4 FY 25 results, Centrum Institutional Equities gave a 'Buy' rating on Solar Industries, raising its target price to Rs. 15,310, citing strong growth across segments. In Q4 FY25, the company's sales rose 35% YoY to Rs. 2,170 crore, driven by a 122% surge in defence revenues and 30% growth in exports.

"Defence now contributes 18% to total revenue, up from 8% in FY24, with the order book rising to Rs. 15,200 crore, led by a massive Rs. 6,000 crore Pinaka rocket deal. The FY26 revenue is expected to exceed Rs. 10,000 crore, backed by continued growth in explosives and defence," the report further mentioned.

About Solar Industries India Ltd.

Incorporated in 1995, Solar Industries India is a global leader in explosives for industrial and defence applications. It operates the world's largest packaged explosives manufacturing unit in Nagpur and has a presence in over 65 countries. The company manufactures bulk explosives, packaged explosives, detonators, and composite propellants used in missiles such as Pinaka, Akash, and BrahMos. With 34 facilities across India and five international plants, Solar Industries plays a vital role in India's defence supply chain.

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