Updates on the Unaudited Financial Results of the Company for the quarter and half year ended on September 30, 2026.

November 03, 2026 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex Floor no. 25, PJ Towers Bandra (E) Dalal Street Mumbai - 400 051 Mumbai – 400 001 Trading Symbol: “SOLARINDS” Scrip Code: 532725 Through NEAPS Through BSE Listing Center Sub: Updates on Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter and half year ended on September 30, 2026. Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we are enclosing herewith the updates on Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter and half year ended on September 30, 2026. This is for your information and records. Kindly acknowledge the receipt of the same. Yours truly, For Solar Industries India Limited Khushboo Pasari Company Secretary & Compliance Officer Encl: As above. November 03, 2026 PRESS RELEASE Solar Industries Reports Strong Broad-Based Performance in Q2 and H1 FY2026-27, Confident of Surpassing Full-Year Guidance Solar Industries India Limited (SIIL) today announced its unaudited financial results for the quarter and half year ended September 30, 2026. Key Highlights  Consolidated revenue of ₹3519 crore in Q2 FY27, representing growth of 69% year-on- year, and ₹7187 crore in H1 FY27, representing growth of 70% year-on-year.  EBITDA of ₹1021 crore in Q2 FY27, with an EBITDA margin of 29.02%, and ₹2045 crore in H1 FY27, with a margin of 28.45%.  Profit after tax of ₹650 crore in Q2 FY27 and ₹1316 crore in H1 FY27.  Order book of ₹20178 crore, providing visibility for future execution. Quarterly and Half-Year Snapshot Particulars Q2 FY27 Q2 FY26 YoY Change H1 FY27 H1 FY26 YoY Change Net Revenue (₹ crore) 3519 2082 69% 7187 4237 70% EBITDA (₹ crore) 1021 582 75% 2045 1,146 78% EBITDA Margin 29.02% 27.95% 107bps 28.45% 27.05% 140bps PBT (₹ crore) 877 490 79% 1789 970 84% PAT (₹ crore) 650 361 80% 1316 714 84% Management Commentary Commenting on the performance, Mr. Manish Nuwal, Managing Director and CEO, said: “We are pleased to report another quarter of strong and broad-based performance. Consolidated revenue was ₹3519 crore for the quarter and ₹7187crore for the first half, representing year-on-year growth of 69% and 70%, respectively. Quarterly EBITDA was ₹1021crore, with a margin of 29.02%, and profit after tax was ₹650 crore. For the first half, EBITDA and profit after tax were ₹2045 crore and ₹1316 crore,respectively. Performance was supported by contributions from Domestic Explosives, International Explosives and Defence. The results reflect the resilience of our business model, disciplined execution and the benefits of our strategic investments.” Domestic Explosives Commenting on the Domestic Explosives business, Mr. Nuwal said: “Our Domestic Explosives business delivered a healthy performance during the quarter, supported by demand from the mining and infrastructure sectors, stronger customer engagement ,an expanded manufacturing footprint and technical-service capabilities enabling us to serve customers efficiently and participate in India’s long- term mining and infrastructure growth.” International Explosives Commenting on the International Explosives business, he added: “Our International Explosives business maintained its momentum, supported by deeper customer relationships, improved market penetration and sustained demand across key operating geographies. Our integrated portfolio of explosives, initiating systems and technical mining solutions supports our position as a long-term partner to global mining customers. We remain focused on scaling our international operations by entering into growing markets through acquisitions and greenfield expansions.” Defence Highlighting the performance of the Defence business, Mr. Nuwal said: “The Defence business continued to grow, supported by execution of the existing order book, an expanding portfolio of indigenously developed products and opportunities in domestic and international markets. Our capabilities across the ammunition value chain, the order pipeline, execution of key programmes and ongoing customer engagement support our confidence in our long-term prospects. We are likely to get large orders from international and Indian defence sector, which include guided pinaka rockets as well in near future. Outlook Concluding the performance update, Mr. Nuwal said: “The Company’s first-half performance, together with momentum across Domestic Explosives, International Explosives and Defence, has reinforced our confidence in its growth trajectory. Based on the results achieved, the strength of the order book and the opportunities across our businesses, we expect to surpass our stated annual guidance for FY2026-27. Our expanding manufacturing footprint, disciplined capital allocation, technology-led product development and broader presence in domestic and international markets provide a foundation for sustainable growth. We will remain focused on operational excellence, timely execution, prudent growth and the creation of long-term stakeholder value.” About Solar Industries India Ltd  One of the world’s leading manufacturers of explosives and initiating systems.  One of the most valued explosives companies in the world.  Worldwide presence with 40 manufacturing facilities.  Global footprint in 90+ countries with manufacturing facilities in 11 countries.  First private sector company in India to set up an integrated facility for defence products such as high-energy materials, rocket propellants, warheads and rockets.  First private sector company to receive ready-to-use ammunition orders from the defence sector.  First private sector company to receive defence export orders for ready-to-use ammunition.  First private sector company to indigenously develop, receive and supply orders for drone-based loitering munitions.  First private sector company to indigenously develop three new explosives: SEBEX-2, SITBEX-1 and SIMEX-4. With over 30 years of proven expertise, we’ve built a robust portfolio of high-impact solutions across mining, infrastructure, defence, and space. Our journey has been one of transformation—rooted in innovation, driven by purpose. As we continue to unlock new growth opportunities, our commitment to performance and stakeholder value remains stronger than ever. Manish Nuwal Managing Director and CEO For more information on the release, please contact: investor.relations@solargroup.com