Solar Industries India Limited has informed the Exchange about Investor Presentation

November 2, 2023

To, National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex Bandra (E) Mumbai -400 051 Trading Symbol: “SOLARINDS EQ” Through NEAPS

To, BSE Limited Floor no. 25, PJ Towers Dalal Street Mumbai – 400 001 Scrip Code: 532725 Through BSE Listing Center

Sub: Fact Sheet - Presentation on Unaudited Financial Results for the quarter and half year ended on September 30, 2023.

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Regulations & Disclosure requirements) Regulations, 2015, we are enclosing herewith a copy of the presentation to analysts/investors on Unaudited Financial Results of the Company for the quarter and half year ended on September 30, 2023.

The above www.solargroup.com

information

is also available on the website of the Company

i.e.

This is for your information and record.

Kindly acknowledge the receipt of the same.

Yours truly,

For Solar Industries India Limited

Khushboo Pasari Company Secretary & Compliance Officer

Q2FY24 & HYFY24 Présentation

Solar Industries India Ltd

Snapshot Q2FY24 VS Q2FY23

EBIDTA

344

303

13%

HYFY24 VS HYFY23

EBIDTA

675

595

13%

PBT

285

12%

254

PBT

557

11%

500

Sales

1347

(14%)

1567

Sales

3030

3182

(5%)

Rs.in cr

PAT

209

11%

189

PAT

411

11%

371

2 Q

3 2 s v 4 2

Y H

3 2 s v 4 2

Domestic Quantity & Realizations

Q2FY24 VS Q2FY23

2 Q

3 2 s v 4 2

Quantity (MT)

99410

13%

87661

Explosives

Rate (in Rs)

51245

(29%)

71810

Explosives

Value (Cr)

509

(19%)

630

HYFY24 VS HYFY23

Quantity (MT)

Rate (in Rs)

Y H

3 3 2 2 s s v v 4 4 2 2

228772

13%

202512

55404

(23%)

71792

Value (Cr)

1268

(13%)

1454

Initiating Systems

Value (Cr)

134

126

6%

Initiating Systems

Value (Cr)

298

24%

241

2 Q

3 2 s v 4 2

Y H

3 3 2 2 s s v v 4 4 2 2

Quarterly Results

Rs.in cr

% of Net Sales

Q1FY24

Q2FY24

Q2FY23

% Change

Q1FY24

Q2FY24

Q2FY23

Change

Net Sales

1682.21

1347.46

1566.60

(14%)

Material Consumed

962.36

652.72

933.33

(30%)

57.21%

48.44%

59.58%

(11.14)

Employee Cost

Other Expenses

EBIDTA

Depreciation

Interest/ Fin

PBT

TAX

PAT

100.10

296.63

331.31

34.10

24.67

103.34

86.50

255.25

247.79

343.87

303.34

33.67

24.89

30.35

19.41

272.44

284.53

253.51

70.85

75.54

64.89

201.59

208.99

188.62

19%

3%

13%

11%

28%

12%

16%

11%

5.95%

7.67%

5.52%

17.63%

18.94%

15.82%

19.69%

25.52%

19.36%

2.03%

1.47%

2.50%

1.85%

1.94%

1.24%

16.20%

21.12%

16.18%

-

-

-

11.98%

15.51%

12.04%

2.15

3.12

6.16

0.56

0.61

4.94

-

3.47

Quarterly Customers

Customer

Q1FY24

% of Sales

Q2FY24

% of Sales

Q2FY23

% of sales

Change YoY

Rs.in cr

CIL

Non CIL & Institutional

Housing & Infra

Exports & Overseas

Defence

Others

Total

268

294

349

605

155

11 1682

16%

17%

21%

36%

9%

1%

185

204

204

639

106

9 1347

14%

15%

15%

47%

8%

1%

9%

1%

16%

8%

1%

14%

Q1FY24

17%

Q2FY24

36%

47%

21%

15%

15%

(6%)

(24%)

(15%)

(14%)

(4%)

(18%) (14%)

13%

13%

17%

15%

47%

7%

1%

6%

1%

Q2FY23

198

267

241

739

111

11 1567

47%

17%

16%

Half Yearly Results

Rs.in cr

HYFY24

HYFY23

% Change

HYFY24

HYFY23

Change

Net Sales

3029.67

3182.24

(5%)

Material Consumed

1615.08

2000.23

(19%)

53.31%

62.86%

(9.55)

Employee Cost

203.44

161.74

Other Expenses

552.03

438.32

EBIDTA

675.18

594.89

Depreciation

Interest/ Fin

PBT

TAX

PAT

67.77

49.56

60.89

33.68

556.97

500.23

146.39

128.98

410.58

371.25

26%

26%

13%

11%

47%

11%

14%

11%

6.71%

5.08%

18.22%

13.77%

22.29%

18.69%

2.24%

1.64%

1.91%

1.06%

18.38%

15.72%

-

-

13.55%

11.67%

1.63

4.45

3.60

0.33

0.58

2.66

-

1.88

Half Yearly Customers

Customer

HYFY24

% of Sales

HYFY23

% of sales

Change YoY

Rs.in cr

CIL

Non CIL & Institutional

Housing & Infra

Exports & Overseas

Defence

Others

Total

453

497

553

1245

261

21 3030

15%

16%

18%

41%

9%

1%

449

557

638

1331

175

32 3182

14%

17%

20%

42%

6%

1%

1%

(11%)

(13%)

(6%)

49%

(34%) (5%)

9%

1%

15%

6%

1%

14%

HYFY24

16%

HYFY23

17%

41%

42%

18%

20%

Borrowing & Capex

Working Capital Loan (in cr)

Term Loan (in cr)

Total Debt (in cr)

Net Debt (in cr)

Working Capital Days

Net Debt/ Equity Ratio

Net Debt/EBIDTA Ratio

Capex (in cr)

HYFY24

239

796

1035

789

83

0.29

0.58

238

FY23

333

842

1175

910

95

0.35

0.69

471

Order Book Status

Rs. 3912 cr

16.00

14.00

12.00

10.00

8.00

6.00

4.00

2.00

0.00

Shareholding as on 30.09.23

Promoter’s Holding : 73.15%

15.22

4.73

5.89

0.96

Mutual Funds

Public & Others

FII & FPI

Other Bodies Corporate

Mutual Funds & Alternate Invest Funds

SBI-MF (6.21), Kotak Fund (4.66), HDFC (1.99) , Others (2.36)

FII

Fidelity, Fiam & Variable group (2.76), Vanguard (0.99), Ishares (0.49) DFA Investments (0.29), Others (1.36)

Thank You! Solar Industries India Limited