Solar Industries guides for over 40% revenue growth, sees ₹4,500 crore defence business in FY27

Manish Nuwal, MD & CEO, Solar Industries India, said the company expects its defence segment to cross ₹4,500 crore in revenue, while its Bhargavastra anti-drone platform could become bigger than the Pinaka programme over time. Solar Industries also expects margins to remain stable despite higher raw material costs.