What the business is, and whether it's a good one at a fair price.
Manufactures solar photovoltaic (PV) modules at a 1.3 GW facility in Greater Noida that began commercial operations in July 2024. FY26 module output reached 1,051 MW versus 589 MW the year before, and revenue from operations was Rs 679.85 crore, with EBITDA margin of 40.05%. The company sits inside the Waaree Group as a subsidiary of Waaree Energies Limited. Revenue mix has shifted: in Q1 FY27, revenue fell to Rs 68.36 crore (from Rs 194.68 crore a year earlier) because tolling contracts replaced prior-year trading sales, even as EBITDA margin jumped to 70.89% from 32.65%. The biggest cost line is materials at 52.1% of revenue, followed by other operating expenses (6.4%) and depreciation (5.4%). It also booked Rs 5.92 crore of subsidy income in Q1 FY27 under the UP Electronics Manufacturing Policy, against an approved subsidy of Rs 9.30 crore.
Measured from the filed financials, judged against its Heavy Electrical Equipment peers · as of FY26 — not investment advice
How has the market priced it — with filings on the timeline?
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
How does it stack up on valuation, returns and growth?
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Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Who owns it — and is the promoter stake clean?
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Answered from INDOSOLAR LIMITED's filed financials and exchange disclosures
INDOSOLAR LIMITED is a Electrical Equipment company listed on NSE and BSE, trading under the symbol WAAREEINDO.
Yes. Over the trailing twelve months INDOSOLAR LIMITED reported a net profit of ₹166 Cr on revenue of ₹554 Cr.
Not in the latest reported year — INDOSOLAR LIMITED's dividend payout for FY26 was nil.
Effectively yes. It holds ₹1 Cr more cash than debt. Debt stands at 0.00× equity.
On trailing P/E, INDOSOLAR LIMITED ranks 1 of 34 in Heavy Electrical Equipment — cheaper than 100% of them, against an industry median of 35.1×. This is a position, not a valuation judgement.
On a typical session INDOSOLAR LIMITED moves 2.78% — that is the median absolute close-to-close move across its last 211 trading days. Announcement days are routinely larger.
Every NSE and BSE filing by INDOSOLAR LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.
