Rs 15,000+ Crore Order Book: Defence Company Bags New Order Worth Rs 483 Crore from South Eastern Coalfields Ltd

Solar-industries-india-ltd-132725">Solar Industries India Limited has been awarded a significant domestic contract by South Eastern Coalfields Limited (SECL), a subsidiary of Coal India Limited, for the Supply of Bulk Explosives. The total value, or broad consideration, of the order is Rs 483 crore, which is to be executed over a time period of 2 years. The nature of the contract is the supply of bulk explosives, and the terms require the company to deliver the materials to SECL within the specified two-year timeframe.

Solar Industries Ltd (SIL) is one of the world’s leading manufacturers of bulk explosives, packaged explosives and initiating systems, which find applications in the mining, infrastructure and Construction industries. SIL also ventured into the Defence segment in 2010 and diversified into manufacturing propellants for missiles and rockets, warheads and warhead explosives.

The company has a market cap of over Rs 1,20,000 crore and has delivered good profit growth of 36.2 per cent CAGR over the last 5 years. As of June 30, 2025, the company’s Order Book stands at Rs 15,000+ crore. The shares of the company have an ROE of 33 per cent and an ROCE of 38 per cent. The stock is up by 68 per cent from its 52-week low of Rs 8,479.30 per share and has given multibagger returns of over 1,200 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.