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INSOLATION ENERGY LIMITED

INA BSE Solar Technology

Insolation Energy Limited engages in the manufacture and sale of solar panels and modules under INA brand name in India. The company provides monocrystalline passive emitter and rear cell and polycrystalline solar photo…

ISIN INE0LGX01024
Listed —
Quarters tracked 7
Filings 12 docs

About

Insolation Energy Limited engages in the manufacture and sale of solar panels and modules under INA brand name in India. The company provides monocrystalline passive emitter and rear cell and polycrystalline solar photovoltaic (PV) modules for use in various applications, such as on-grid large scale utility system, on-grid rooftop residential and commercial system, net metering solution, off-grid residential system, solar pumping applications, rural electrification, green telecom tower, solar street light, solar home lighting system, solar lantern, solar traffic signal, solar electric vehicle charging station, etc. It also offers solar power conditioning units and tall tabular lead acid batteries in combination; and provides solar modules for ground mounted and rooftop solar projects. Insolation Energy Limited was incorporated in 2015 and is headquartered in Jaipur, India.

Key Metrics

as of Sep 2026
Market Cap1,989 Cr
P/E10.20
Div Yield0.11 %
Book Value₹36.60
52w High₹220.00
52w Low₹79.80
Face Value₹1.00

Quarterly Results

Rs. Crores · hover row for definition
Metric Jun 2026 Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024
Sales 12.19 19.79 13.09 34.75 30.39 34.59 22.82
Expenses 13.73 22.84 8.58 30.69 28.37 33.76 23.41
Operating Profit -1.54 -3.05 4.51 4.06 2.02 0.83 -0.59
OPM % -12.63 -15.41 34.45 11.68 6.65 2.40 -2.59
Other Income 0.75 2.01 1.56 4.29 -0.28 3.17 3.19
Depreciation 1.10 0.93 0.96 0.78 0.52 0.58 0.55
Interest 0.65 0.69 0.71 0.69 0.49 0.91 0.67
Profit before tax -2.54 -2.66 4.40 6.88 0.73 2.51 1.38
Tax % 14.57 -31.95 24.77 24.42 34.25 67.33 -23.19
Net Profit -2.91 -1.81 3.30 5.20 0.48 0.82 1.70
EPS in Rs -0.13 -0.08 0.15 0.24 0.02 0.04 0.08

Profit & Loss

Annual · Rs. Crores
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Sales 98.03112.74229.28258.66215.38162.6388.28
Expenses 90.48111.55224.91246.42201.50149.9181.04
Operating Profit 7.551.194.3712.2413.8812.727.24
OPM % 7.701.061.914.736.447.828.20
Other Income 7.589.123.800.640.060.040.04
Interest 2.582.032.832.892.632.091.56
Depreciation 3.191.431.391.671.971.401.20
Profit before tax 9.366.853.958.329.349.274.52
Tax % 23.1826.7227.5926.2025.8025.5731.42
Net Profit 7.185.022.876.156.946.903.09
EPS in Rs 0.330.230.140.300.462.761.24
Dividend Payout % 0.0043.880.000.000.000.000.00

Balance Sheet

Annual · Rs. Crores — latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Equity Capital 22.0422.0320.8320.8315.002.502.50
Reserves 419.82416.1430.3627.517.1312.705.80
Borrowings 57.8024.2234.3139.6928.6320.9212.36
Other Liabilities 44.3820.429.6016.0315.9314.335.77
Total Liabilities 544.04482.8195.10104.0666.6950.4526.43
Fixed Assets 39.318.786.707.609.0410.087.87
CWIP 0.750.180.430.000.000.000.00
Investments 387.3778.977.625.001.810.000.00
Other Assets 116.61394.8880.3591.4655.8440.3718.56
Total Assets 544.04482.8195.10104.0666.6950.4526.43

Cash Flows

Annual · Rs. Crores — latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Cash from Operating Activity -0.41-16.0629.22-19.899.901.323.86
Cash from Investing Activity -21.72-372.69-22.60-0.24-0.94-3.61-1.93
Cash from Financing Activity 23.41371.87-5.4029.88-2.631.84-1.41
Net Cash Flow 1.27-16.881.229.756.32-0.450.52
Free Cash Flow -28.69-19.2928.30-20.138.95-2.291.93
CFO/OP % -2.00-1,250.00738.00-162.0071.0010.0053.00

Ratios

Annual · Days / % — latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Debtor Days 181.89103.9923.2935.1927.9821.9933.53
Inventory Days 67.7386.7427.1648.3948.1140.6933.25
Days Payable 174.8056.6215.0019.1523.9929.2620.60
Cash Conversion Cycle 74.82134.1135.4564.4452.0933.4346.18
Working Capital Days 132.7769.25-7.2041.5716.9328.7323.40
ROCE % 2.483.267.6516.1727.6240.01—

Shareholding Pattern

% holding — latest first
Holder Jun 2026 Mar 2026 Sep 2025 Mar 2025 Dec 2024 Sep 2024 Mar 2024 Sep 2023 Mar 2023 Oct 2022
Promoters 66.12 66.12 66.10 66.01 66.22 70.04 69.98 69.95 69.89 69.84
FIIs 0.84 1.09 0.79 0.94 1.36 0.59 0.00 0.04 0.00 0.06
DIIs 1.27 0.74 0.55 0.42 0.15 0.00 0.00 0.00 0.00 0.19
Public 31.75 32.05 32.55 32.63 32.27 29.37 30.01 30.01 30.11 29.90
No. of Shareholders 26,561 15,112 10,275 5,271 3,868 2,942 1,431 1,145 892 1,489

Corporate Actions

4 records
ActionEx DateRecord DateRatioAmount (₹)Notes
Dividend 16 Sep 2025 16 Sep 2025 — 0.10
Split 24 Jan 2025 24 Jan 2025 10:1 —
Other 07 Jun 2024 — — — E.G.M.
Other 23 Feb 2024 — — — E.G.M.

Announcements

5 filings

Shareholding Pattern

Open on BSE

Financial Results — Filings

Open on BSE

Board Filings

Open on BSE

Annual Reports

Credit Ratings

Conference Calls

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