ALFA Finder| Revenue growth | Strong 61% YoY growth to ₹2146cr in FY26. |
|---|---|
| Margins | EBITDA margins improved to 14%; 20%+ target with cell facility. |
| Order book | Current order book stands between 1.6 GW to 1.8 GW. |
| Demand visibility | High visibility through PM Surya Ghar and Kusum government schemes. |
| Management confidence | Highly optimistic, focused on aggressive backward integration and scale. |
Growth
FY26 Revenue grew 61% YoY to ₹2146cr; PAT rose 59% to ₹201cr, driven by scale and module sales.
Outlook
Targeting ₹5000cr+ revenue by FY28 with 20%+ EBITDA margins once solar cell facility is operational.
Risks
Substantial debt spike to ₹835cr for capex and volatile solar cell prices impacting near-term module margins.
Earnings Call filed with BSE, NSE: INA. Summary written with AI assistance from the document.
Insolation Energy Ltd: key numbers
- Share price
- ₹73.56
- Market cap
- ₹1,622 Cr
- Revenue (annual)
- ₹2,146 Cr
- Net profit (annual)
- ₹200.6 Cr
- P/E (TTM)
- 8.3×Sector 21.7×
- Promoter holding
- 66.09%-0.03% QoQ
- FII holding
- 0.91%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Insolation Energy Ltd
All →Insolation Energy Board Meeting Date
Insolation Energy will hold a board meeting on 13 November 2026 to consider unaudited standalone and consolidated half-yearly results for September 2026. Trading window stays closed until 15 November 2026.
Insolation Energy Business Update
Insolation Energy's subsidiary received a RIPS-2022 Entitlement Certificate for its Jaipur solar module plant. The incentive of up to Rs 223.90 Crore over nine years boosts project economics.
- Value
- ₹223.9 Cr
- Execution
- approximately nine years
Insolation Energy Other Announcement
The company has filed its quarterly shareholding pattern for the quarter ended September 30, 2026, as required under SEBI regulations.
Insolation Energy Annual General Meeting
Insolation Energy held its 11th Annual General Meeting on 28th September, 2026. The meeting transacted various ordinary and special business resolutions.
Insolation Energy Employee Stock Options
Insolation Energy allotted 46,750 equity shares to employees under its ESOP 2024 plan at an exercise price of Rs. 3.8 per share.
- Value
- ₹0.02 Cr
Insolation Energy Employee Stock Options
Insolation Energy Limited granted 1,06,500 stock options under its ESOP 2024 plan. The exercise price for these options is Rs. 3.80 each.