Solar Industries dividend: ₹10 final payout for FY25

What the latest dividend event is

Solar Industries India Ltd. (NSE: SOLARINDS) is set to trade ex-dividend on Tuesday, July 8, 2025, after the company declared a final dividend of ₹10 per equity share for the financial year ended March 31, 2025. The record date for determining eligible shareholders is also July 8, 2025, as per the company’s board. Investors holding the shares as of the record date will be eligible to receive the dividend. The payout is a final dividend, and the company has noted that it is subject to shareholder approval at the ensuing Annual General Meeting (AGM). If approved, the dividend is scheduled to be paid within 30 days from the date of the AGM.

Dividend details: amount, percentage and face value

The company recommended a final dividend of ₹10 per equity share, described as 500% on the face value of ₹2 per share. In corporate disclosures, this appears as a dividend amount of 10 and dividend per share of 500 (reflecting the percentage format used for face value-based dividend reporting). Reported dividend yield data in the provided material ranges around 0.07% to 0.09%, with a listed dividend yield of 0.08% in one snapshot and 0.09 in another market snapshot.

Dividend history shows steady increases

Solar Industries has reported consistent final dividend payouts over multiple years, with gradual increases in the rupee amount per share. The FY25 proposal of ₹10 per share is higher than the FY24 final dividend of ₹8.50 per share, and above the ₹8 per share paid in FY23.

Q4 FY25 results: revenue, EBITDA and margin expansion

The dividend comes alongside strong reported performance for the January to March quarter of FY25. For Q4 FY25, Solar Industries’ consolidated revenue rose 35% year-on-year to ₹2,166.6 crore compared with ₹1,610.7 crore in Q4 FY24. EBITDA increased 53% to ₹539.7 crore from ₹353.7 crore, and the EBITDA margin expanded to 24.9% from 22%. Consolidated net profit for the quarter increased 37% to ₹322.2 crore, versus ₹235.1 crore in the same quarter of the previous year.

Another report in the provided text cited PAT of ₹346 crore for Q4 FY25 versus ₹243 crore in Q4 FY24, along with an EBITDA of ₹546 crore and an EBITDA margin of 25.21% versus 23.06%. These figures were attributed to an exchange filing in that report, indicating the market had multiple circulated summaries of the quarter’s performance.

FY25 performance: full-year growth metrics

For FY25, Solar Industries reported profit of ₹1,288 crore, up 47% year-on-year from ₹875 crore. Revenue rose 24% year-on-year to ₹7,540 crore compared with ₹6,070 crore in FY24. EBITDA for FY25 increased 44% to ₹2,031 crore from ₹1,414 crore.

Management commentary in the supplied material described FY25 and Q4 FY25 as the “highest-ever” quarter and year for sales, and highlighted achieving around 27% EBITDA margin, stated to be above annual guidance. The same commentary also pointed to international business momentum, citing 18% year-on-year growth.

Segment growth cues flagged in Q4 commentary

In Q4 FY25, sales were reported to have risen about 35% year-on-year to around ₹2,170 crore, with growth linked to a 122% surge in defence revenues and 30% growth in exports. These segment cues matter because they help explain the quarter’s operating leverage and margin improvement reported in the consolidated numbers.

Additional quarterly context from FY25

The supplied data also includes other quarter performance references. In the September quarter, consolidated net profit rose 20.6% year-on-year to ₹345 crore compared with ₹286 crore in the year-ago period. For the December quarter, net profit increased 55% to ₹314.87 crore compared with ₹203 crore in the same quarter last year. Together, these references suggest profit growth was not limited to the March quarter.

Cost and efficiency indicators mentioned in the data

Two cost structure ratios were highlighted for the year ending March 31, 2025. Solar Industries spent 1.55% of operating revenues towards interest expenses and 7.96% towards employee cost (Source: Consolidated Financials). The company was also noted to have delivered quarter-on-quarter revenue growth of 21.88%, described as the highest in the last three years (Source: Consolidated Financials).

Key market and valuation datapoints in circulation

The provided material includes several market snapshots from different times. One update said the share price moved down 1.19% from a previous close of ₹12,418 to last traded price of ₹12,271. Another snapshot said that as of 2:30 PM on a Monday, the shares were trading 0.42% higher at ₹17,067. A separate market line stated: “as on 02:22 PM, 28 Jul 2025 IST,” and another price snapshot listed: Open ₹14,398, Previous Close ₹14,505, High ₹14,600, Low ₹14,388, 52-week high ₹17,820 and 52-week low ₹8,482.5.

Some fundamental ratios were also listed, including EPS (TTM) of ₹160.48, price-to-book (PB) ratio of 24.77x, face value of ₹2, and dividend yield around 0.08%.

Quick table: Q4 FY25 consolidated highlights cited

Ratings and corporate actions referenced

After the Q4 FY25 results, Centrum Institutional Equities was cited as assigning a ‘Buy’ rating and raising its target price to ₹15,310, pointing to strong growth across segments. Separately, the material mentions an announcement tied to a memorandum of understanding (MoU) signed at the World Economic Forum in Davos, Switzerland, dated January 22, 2025.

Conclusion

Solar Industries’ upcoming July 8, 2025 ex-dividend date and record date put focus on the proposed ₹10 per share final dividend for FY25, which is subject to shareholder approval at the AGM. The payout comes alongside reported year-on-year expansion in Q4 FY25 revenue, EBITDA and net profit, and a higher full-year FY25 profit and revenue base. The next formal milestone for the dividend will be shareholder voting at the AGM, after which the company has indicated payment would be made within 30 days.