CRISIL ne Solar Industries India Limited ko 'Rating Watch' mein daal diya hai. Wajah hai unka **$1.355 Billion** (approx **₹12,951 Crore**) ka Omnia Holdings acquisition deal.
CRISIL ne kyun uthaya ye kadam?
CRISIL Ratings ne Solar Industries ke long-term bank facilities (₹1,479.5 Crore) aur NCDs (₹35 Crore) ko CRISIL AA+/Watch Developing status diya hai. Deal badi hai, aur ab agency ye check kar rahi hai ki itne bade debt load ka company ki financial health par kya asar padega.
Omnia Acquisition kyun zaruri hai?
SIIL is deal ke zariye South Africa ke market mein apna base mazboot kar rahi hai. Omnia ke paas BME mining explosives aur nitric acid manufacturing ki badi capability hai, jo SIIL ko global level par scale degi.
SIIL ka solid track record
Company pichle kuch samay se kaafi tagda perform kar rahi hai:
- Defence segment ab total revenue ka 27% contribute kar raha hai.
- FY26 mein consolidated revenue ₹9,837 Crore touch kiya.
- Order book ₹21,350 Crore ke paar nikal chuka hai.
- Q1 FY27 mein EBITDA margins 27.7% tak pahunch gaye hain.
Investor ke liye risk kya hai?
Main concern ye hai ki itna bada acquisition company ke debt-to-equity ratio ko kaise badlega. Management ka target FY28 tak Net Debt-to-EBITDA ko 2x ke niche rakhne ka hai, lekin international integration aur currency fluctuations ka risk abhi bhi bana hua hai. Jab tak acquisition complete nahi hoti, tab tak market ki nazar iske funding mix par bani rahegi.