ALFA Finder| Revenue growth | 105.37% YoY in Q1FY27. |
|---|---|
| Margins | Temporary contraction (10.31%) due to industry-wide pricing pressure. |
| Order book | ₹2,100+ Cr including NTPC, Rajasthan RREC, and KUSUM projects. |
| Demand visibility | Strong; 2.1 GW+ order book provides clear visibility for coming quarters. |
| Management confidence | High; cited robust order book and vertical integration benefits. |
Growth
Revenue grew 105.37% YoY to ₹745.40 Cr; EBITDA rose 32.97% to ₹76.87 Cr. PAT declined 11.83% YoY.
Outlook
Targeting 400MW+ IPP portfolio by FY27. 4.5GW solar cell facility and 18,000 MT aluminum frame plant underway.
Risks
EBITDA margins contracted 562 bps YoY to 10.31% due to pricing pressure and margin reset phase.
Last quarter's promises, checked
Delivered
- Guided 60% FY26 revenue growth → delivered 61% (= BEAT)
- Guided 13-14% EBITDA margin → delivered 14% (= BEAT)
- Targeted 5.5GW module capacity → delivered 5.5GW (= BEAT)
Partly delivered
- Guided 4.5GW solar cell COD in Q3FY27 → project currently underway (= PARTIAL)
Missed
- Guided stable EBITDA margins (14%) → delivered 10.31% in Q1FY27 (= MISS)
Investor Presentation 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.