| Revenue growth | 61% YoY in FY26; guidance to maintain 50-60% growth in FY27. |
|---|---|
| Margins | EBITDA margin 14% in FY26; targeting 20%+ post-cell line integration. |
| Order book | 1.6-1.8GW; 50% of FY27 capacity already booked. |
| Demand visibility | Strong order book of 1.6-1.8GW for current year. |
| Management confidence | High; citing structural solar demand and successful Main Board migration. |
Growth
FY26 Revenue grew 61% to ₹2,146cr; EBITDA rose 79% to ₹305cr; PAT up 59% to ₹201cr.
Outlook
Targeting ₹5,000cr+ revenue in FY28. 4.5GW solar cell and aluminum frame facilities commissioning in FY27.
Risks
Raw material price volatility and dependence on Chinese equipment for solar cell manufacturing line.
Earnings Call filed with NSE, 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.