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Earnings Call

Insolation Energy Earnings Call: Key Takeaways

Insolation Energy reported FY26 revenue of ₹2,146cr (+61% YoY) and PAT of ₹201cr (+59% YoY). Focus is on backward integration into solar cells and aluminum frames.

Why this was an Alfa AlertManagement explicitly guided for >50% YoY revenue growth in FY27 (maintaining FY26 momentum) and targeted over INR 5,000cr for FY28.
Highlights
Revenue growth61% YoY in FY26; guidance to maintain 50-60% growth in FY27.
MarginsEBITDA margin 14% in FY26; targeting 20%+ post-cell line integration.
Order book1.6-1.8GW; 50% of FY27 capacity already booked.
Demand visibilityStrong order book of 1.6-1.8GW for current year.
Management confidenceHigh; 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.

Source

Earnings Call filed with NSE, NSE: INA. Summary written with AI assistance from the document.

Read the document ↗

Insolation Energy Ltd: key numbers

Share price
₹90.54
Market cap
₹1,996 Cr
Revenue (annual)
₹2,146 Cr
Net profit (annual)
₹200.2 Cr
P/E (TTM)
10.2×Sector 25.1×
Promoter holding
66.12%+0.00% QoQ
FII holding
0.84%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Insolation Energy Earnings Call: Key Takeaways

Insolation Energy reported robust FY26 performance with Revenue at ₹2,146 Cr, up 61% YoY, and PAT at ₹201 Cr, up 59% YoY. The company is migrating to the main board and scaling integrated solar manufacturing.