Insolation Energy Ltd.

•

insolationenergy.inBSE: 543620NSE: INA

Market Cap₹ 2,051 Cr.

Current Price

High / Low₹ 162 / 80

Stock P/E10.2

Book Value₹ 38

Price to Book9.37

Dividend Yield0.00 %

ROCE35.0 %

ROE35.2 %

Face Value₹ 1

Add ratio to table

ABOUT

AI Sector View

AI GENERATED

Capital Goods

Buy

Capital goods is supported by strong public capex and still-expansionary industrial activity. Capital expenditure rose 66% YoY (2026-06), GST collections grew 8% YoY (2026-07), and the core industries Overall Index increased 5.4% YoY (2026-07). E-way bills slowed to 6% YoY (2026-07) and sector FPI flows show INR -9697 crore net outflow over 3 months to 2026-08-31, but the investment cycle and fiscal impulse remain favorable.

Confidence

72%

View full sector analysis →

PROS

Company has a good return on equity (ROE) track record: 3 Years ROE 44.5%
Company has a healthy return on capital (ROCE) of 34.3%
Latest quarter profit grew 796.9% YoY, showing strong momentum
Operating margins have improved to 12.1% from 6.5%
Company comfortably covers its interest (21.3x coverage)
Attractively priced for its growth - PEG of 0.1

CONS

Receivables are growing faster than sales - a possible quality concern
Working capital days have increased from 33 to 88 days
Equity base is being diluted - shares outstanding up 46.9%
Free cash flow has been persistently negative
Stock is trading at 9.4x its book value
Recurring exceptional / one-off items are inflating headline profit

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Capital GoodsElectricalsElectronics - Components

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	SYRMA	1588.65	83.22	30634.01	0.09	105.69	111.72	1588.62	68.29	17.70	10.17
2.	KAYNES	3500.00	67.87	23462.13	0.00	56.43	-24.37	946.02	40.47	13.38	15.60
3.	AVALON	2265.95	113.44	15155.19	0.00	34.87	145.31	484.41	49.83	20.34	11.96
4.	UTLSOLAR	446.70	46.58	13709.30	0.00	577.94	—	13456.93	—	36.46	18.94
5.	CYIENTDLM	904.15	87.42	7177.45	0.00	16.29	118.21	373.80	34.25	10.41	9.93
6.	VIKRAMSOLR	166.80	16.94	6044.07	0.00	19.78	-85.17	1563.09	37.89	34.07	8.06
7.	SAATVIKGL	396.30	20.30	5037.17	0.00	5.36	-95.49	511.01	-44.20	55.18	6.62
8.	WEBELSOLAR	75.79	10.86	3290.52	0.33	77.79	—	372.60	115.39	63.74	33.70
9.	KERNEX	1734.35	15.28	2914.34	0.00	109.85	1382.00	503.58	800.38	23.69	32.33
10.	MODINSULAT	449.50	22.51	2119.12	0.00	29.60	94.43	188.30	33.19	10.53	16.89
11.	INA	93.04	10.24	2051.08	0.00	380.25	796.94	7406.98	1766.82	34.98	9.74
12.	IKIO	224.45	37.30	1734.57	0.00	11.05	364.51	169.29	40.91	10.02	12.97

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Dec 2024	Mar 2025	Jun 2025	Dec 2025	Mar 2026	Jun 2026
	325	397	362	575	794	741
	301	339	311	501	683	698
Operating Profit	24	57	51	75	111	43
OPM %	7.47%	14.46%	14.09%	13.00%	13.94%	5.78%
	5	-0	1	7	-2	5
Interest	4	1	3	8	8	12
Depreciation	3	3	3	12	15	17
Profit before Tax	23	53	52	62	86	48
Tax %	17.86%	20.32%	17.16%	18.14%	19.06%	19.95%
Net Profit	0	0	43	51	70	38
	0.84	2.00	1.96	2.27	3.17	1.73

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	215	279	737	1,334	2,472
	202	261	656	1,172	2,193
Operating Profit	14	19	81	161	279
OPM %	6.45%	6.70%	10.98%	12.09%	11.30%
	0	1	4	9	11
Interest	3	3	10	8	31
Depreciation	2	2	7	9	46
Profit before Tax	9	14	68	154	248
Tax %	25.78%	22.58%	17.86%	17.86%	18.60%
Net Profit	7	11	55	126	202
EPS	24.14	6.01	26.63	5.73	—
Dividend Payout %	0.00%	0.00%	0.00%	1.75%	—

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: 84%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: 163%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: —

RETURN ON EQUITY

10 Years:: —
5 Years:: —
3 Years:: 45%
Last Year:: 35%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	15	21	21	22
	7	32	88	594
	31	70	85	109
Trade Payables	12	21	37	72
	5	17	44	76
Total Liabilities	70	161	275	874
	9	38	46	77
Capital Work in Progress	2	0	1	46
	0	0	5	50
	23	48	74	77
	0	0	52	110
Cash & Bank	8	23	55	314
	27	52	42	200
Total Assets	70	161	275	874

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	9	-1	30	113
Cash from Investing	-3	-29	-33	-554
Cash from Financing	2	45	28	394
	8	15	25	-46

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2022	Mar 2023	Mar 2024	Mar 2025

Shareholding Pattern

Numbers in percentages

	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025	Mar 2026	Jun 2026
	69.89	69.95	69.98	70.05	66.02	66.10	66.12	66.12
	0.00	0.04	0.00	0.59	0.94	0.79	1.09	0.84
	0.00	0.00	0.00	0.00	0.42	0.55	0.74	1.24
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	30.11	30.01	30.02	29.37	32.62	32.55	32.05	31.79

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-05

Copy of Newspaper Publication

2026-09-05 - Insolation Energy Limited has informed the Exchange about Copy of Newspaper Publication

2026-09-04

Updates

2026-09-04 - Pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, the Company is being sent letters to those Shareholders whose e-mail IDs are not registered with the Company/Registrar & Transfer Agent/Depository Participants, providing the weblink where the Annual Report for Financial Year 2025-26 can be accessed

2026-09-04

Shareholders meeting

2026-09-04 - Insolation Energy Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 28, 2026

2026-09-02

Copy of Newspaper Publication

2026-09-02 - Insolation Energy Limited has informed the Exchange about Copy of Newspaper Publication

2026-08-26

Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-26 - Insolation Energy Limited has informed the Exchange about Disclosure under Regulation 30 and other applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ): Update on Non-Deal Roadshow

2026-08-24

Awarding of order(s)/contract(s)

2026-08-24 - Insolation Energy Limited has informed the Exchange about Awarding of order(s)/contract(s)

2026-08-21

Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-21 - Insolation Energy Limited has informed the Exchange about Schedule of meet

2026-08-21

Investor Presentation

2026-08-21 - Insolation Energy Limited has informed the Exchange about Investor Presentation

2026-08-13

Copy of Newspaper Publication

2026-08-13 - Insolation Energy Limited has informed the Exchange about Copy of Newspaper Publication

News

Recent coverage and analyst commentary for INA

Loading news…

🤖

AI Stock Analyst

Insolation Energy Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

SYRMA

1588.65

83.22

30634.01

0.09

105.69

111.72

1588.62

68.29

17.70

10.17

KAYNES

3500.00

67.87

23462.13

0.00

56.43

-24.37

946.02

40.47

13.38

15.60

AVALON

2265.95

113.44

15155.19

0.00

34.87

145.31

484.41

49.83

20.34

11.96

UTLSOLAR

446.70

46.58

13709.30

0.00

577.94

—

13456.93

—

36.46

18.94

CYIENTDLM

904.15

87.42

7177.45

0.00

16.29

118.21

373.80

34.25

10.41

9.93

VIKRAMSOLR

166.80

16.94

6044.07

0.00

19.78

-85.17

1563.09

37.89

34.07

8.06

SAATVIKGL

396.30

20.30

5037.17

0.00

5.36

-95.49

511.01

-44.20

55.18

6.62

WEBELSOLAR

75.79

10.86

3290.52

0.33

77.79

—

372.60

115.39

63.74

33.70

KERNEX

1734.35

15.28

2914.34

0.00

109.85

1382.00

503.58

800.38

23.69

32.33

MODINSULAT

449.50

22.51

2119.12

0.00

29.60

94.43

188.30

33.19

10.53

16.89

INA

93.04

10.24

2051.08

0.00

380.25

796.94

7406.98

1766.82

34.98

9.74

IKIO

224.45

37.30

1734.57

0.00

11.05

364.51

169.29

40.91

10.02

12.97

Dec 2024

Mar 2025

Jun 2025

Dec 2025

Mar 2026

Jun 2026

325

397

362

575

794

741

301

339

311

501

683

698

Operating Profit

111

OPM %

7.47%

14.46%

14.09%

13.00%

13.94%

5.78%

-0

-2

Interest

Depreciation

Profit before Tax

Tax %

17.86%

20.32%

17.16%

18.14%

19.06%

19.95%

Net Profit

0.84

2.00

1.96

2.27

3.17

1.73

Mar 2022

Mar 2023

Mar 2024

Mar 2025

TTM

215

279

737

1,334

2,472

202

261

656

1,172

2,193

Operating Profit

161

279

OPM %

6.45%

6.70%

10.98%

12.09%

11.30%

Interest

Depreciation

Profit before Tax

154

248

Tax %

25.78%

22.58%

17.86%

18.60%

Net Profit

126

202

EPS

24.14

6.01

26.63

5.73

—

Dividend Payout %

0.00%

1.75%

—

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Equity Capital

594

109

Trade Payables

Total Liabilities

161

275

874

Capital Work in Progress

110

Cash & Bank

314

200

Total Assets

161

275

874

Mar 2022

Mar 2023

Mar 2024

Mar 2025

-1

113

Cash from Investing

-3

-29

-33

-554

Cash from Financing

394

-46

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2023

Sep 2023

Mar 2024

Sep 2024

Mar 2025

Sep 2025

Mar 2026

Jun 2026

69.89

69.95

69.98

70.05

66.02

66.10

66.12

0.00

0.04

0.00

0.59

0.94

0.79

1.09

0.84

0.00

0.42

0.55

0.74

1.24

Government

0.00

30.11

30.01

30.02

29.37

32.62

32.55

32.05

31.79

Insolation Energy Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Insolation Energy Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI