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Insolation Energy Limited

Insolation Energy Limited

NSE: INA
SolarTechnologySMALL CAPMCap ₹1.62k Cr
₹73.64₹0.46 (+0.63%)

Market Closed • NSE

Market cap₹1.62k Cr
Enterprise value₹1.93k Cr
P/E TTM8.09
P/B2.02
EPS TTM₹9.10
ROCE22.20%
D/E1.10
Dividend yield0.00%
Face value₹1.00
52W high₹161.81
52W low₹71.26
Price chart(1Y)
1Y Return:-37.01% (₹43.26)
H: ₹131.52L: ₹71.26
1W-6.33%
1M-15.72%
3M-38.55%
6M-52.42%
Today at a glance

Day range

₹71.26₹75.00

52 week range

₹71.26₹161.81
Volume415.8K0.78x 20D avg
Free float50.00%-21.70% volume

Insolation Energy Limited closed at INR73.64 (+0.63%) on volume 0.78x its 20-day average, trading 54.49% below its 52-week high.

Technical analysis
RSI (14)21.5Oversold
MACDBEARISHBearish (Below signal)
ATR (14)₹3.98High
SMA 20₹84.32BEARISH
SMA 50₹90.32BEARISH
SMA 100₹103.28BEARISH
SMA 200—N/A
CPR bottom₹75.14
Pivot₹74.49
CPR top₹73.83
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -45.7% QoQ

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹887.9 Cr₹1.62k Cr54.68%≤ 33%FAIL
Non-halal income ratio–₹2.15k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹2.07k Cr₹2.16k Cr95.92%≥ 20%PASS
Receivables ratio–₹2.16k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E8.0923.00
Forward P/E——
P/B2.023.80
EV/EBITDA—18.00
PEG—2.20
Earnings yield12.404.30
Growth & profitability
RevenuePAT
FY24PAT margin 7.50%
FY25PAT margin 9.40%
FY26PAT margin 9.30%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+17.20%
Revenue CAGR 5Y+23.90%
PAT CAGR 3Y+16.80%
PAT CAGR 5Y+29.30%
Operating margin7.46%
Net margin7.70%
Financial health & cash flow
Net debt₹799.9 CrModerate
Interest coverage10.70xEBIT / interest
CFO / PAT-0.06x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹-7312.8 Lakh
Capital expenditure–
Free cash flow₹-52117.6 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall73/100
Valuation75/100
Profitability80/100
Financial health65/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 22.2%

Attractive Valuation: P/E of 8.1x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Solar.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · September 2024

Ownership distribution

Sept 2024Latest holding

Category trends

Hover over a period for exact holdings

70%47%23%0%Sept 2023Sept 2024
2.11%Institutional holding
31.75%Public holding
2Periods available
0.00%Promoter pledged
26.56KShareholders
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)50.46%-11.13% latest vs average
Highest delivery61.07%on 15 Oct
Average volume (20D)530.9KTrading-session average
Conviction trendWeakening-11.13% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Tata Consultancy Services Limited
Tata Consultancy Services LimitedTCS
Open analysis
₹8.92L17.282.04%₹72,275.00₹13,420.00+13.93%+4.69%
Infosys Limited
Infosys LimitedINFY
Open analysis
₹4.70L15.824.50%₹48,211.00₹7,775.00+14.03%+12.29%
HCL Technologies Limited
HCL Technologies LimitedHCLTECH
Open analysis
₹3.73L20.423.53%₹34,579.00₹4,626.00+13.94%+20.34%
Wipro Limited
Wipro LimitedWIPRO
Open analysis
₹1.82L14.494.60%₹24,236.30₹3,501.80+7.70%-1.90%
Tech Mahindra Limited
Tech Mahindra LimitedTECHM
Open analysis
₹1.59L28.773.09%₹15,712.00₹1,486.00+17.68%+31.62%
LTM Limited
LTM LimitedLTM
Open analysis
₹1.30L24.901.77%₹11,608.00₹1,469.00+17.96%+17.05%
LG ELECTRONICS INDIA LTD
LG ELECTRONICS INDIA LTDLGEINDIA
Open analysis
₹1.17L63.960.00%₹7,233.35₹652.86——
One97 Communications Limited
One97 Communications LimitedPAYTM
Open analysis
₹1.08L169.180.00%₹2,264.00₹184.00+18.41%+134.07%
About Insolation Energy Limited
Insolation Energy Limited

Incorporated in 2015, Insolation Energy Ltd is engaged in the business of manufacturing solar panels and modules of high efficiency of various sizes. The company's 200 MW SPV Module manufacturing unit is located in Jaipur, spread over more than 60,000 Sq. ft area with the latest machinery.[1]

IndiaTechnology

Questions investors ask
Is Insolation Energy Limited Shariah compliant?

Insolation Energy Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (54.68%) exceeds AAOIFI threshold (≤ 33%).

What is Insolation Energy Limited's current valuation relative to peers?

Insolation Energy Limited trades at a P/E of 8.1x compared to the sector median of 23x, and a Price-to-Book of 2.0x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 1.10x. Interest coverage is 10.7x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 23.9% while net profit growth averaged 29.3%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.