INSOLATION ENERGY LIMITED

BSE: INA543620ISIN INE0LGX01024

Utilities
Power Generation
BSE Utilities

Share price

₹72.98+4.95 (+7.28%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

24 Jan 2025 · Split 10:1 (₹10 → ₹1)

52W high: ₹184.50
52W low: ₹62.06
Off 52W high: -60.44%
1M return: -12.59%
3M return: -35.79%
6M return: -45.94%
1Y return: -59.77%
20D avg volume: 1,22,676
50 DMA: ₹82.94
200 DMA: ₹107.21

Key ratios Consolidated

Market cap: ₹1,609 Cr
Current price: ₹72.98
52W high / low: ₹184.50 / ₹62.06
Face value: ₹1.00
P/E: 0.00
P/B: 1.99
EPS (TTM): ₹0.00
Book value / share: ₹36.62
ROE: —
ROCE: 19.20%
Operating margin: —
Net margin: —
Debt / equity: 1.03
Net debt: ₹746.81 Cr
Interest cover: 11.42
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 62.6 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q4 FY25	Q4 FY24
Income statement
	740.70	793.93	575.34	—	—	—
	4.71	-1.55	6.95	—	—	—
	745.40	792.38	582.29	—	—	—
	697.90	706.09	520.33	—	—	—
	588.27	617.99	327.27	—	—	—
	4.82	160.78	106.61	—	—	—
	18.18	16.69	13.57	—	—	—
	12.45	7.85	7.97	—	—	—
	16.92	14.96	11.80	—	—	—
	30.16	39.35	35.27	—	—	—
	47.50	86.29	61.95	—	—	—
	0.00	0.00	0.00	—	—	—
	47.50	86.29	61.95	—	—	—
	9.48	16.45	11.24	—	—	—
	38.02	69.84	50.72	—	—	—
	1.73	3.17	2.27	—	—	—
Key metrics
	76.87	109.10	81.72	—	—	—
	10.40%	13.70%	14.20%	—	—	—
	5.10%	8.80%	8.80%	—	—	—
	—	6.70%	—	—	—	—

Metric	FY26	FY25	FY24	FY23
Income statement
	2,146	1,334	737.17	279.37
	17.50	9.26	4.15	0.69
	2,164	1,343	741.32	280.06
	1,918	1,189	673.79	266.26
	1,662	803.11	606.52	232.76
	272.06	296.77	9.01	18.48
	50.54	25.69	15.69	7.22
	23.54	7.32	9.56	2.97
	35.80	9.17	7.09	2.35
	92.92	45.04	—	—
	245.29	153.84	67.53	13.80
	0.00	-0.21	0.00	0.00
	245.29	153.62	67.53	13.80
	44.65	27.43	12.06	3.12
	200.63	126.19	55.47	10.68
	9.10	5.95	—	—
Key metrics
	304.63	170.11	84.18	19.12
	14.20%	12.80%	11.40%	6.80%
	9.30%	9.50%	7.50%	3.80%
	19.20%	25.10%	—	—
	60.90%	80.90%	163.90%	—
	59.00%	127.50%	419.40%	—
	-521.18	27.90	—	—
	-0.36	0.90	—	—
	1.03	—	—	—
	746.81	—	—	—
	62.6	31.5	—	—
Balance sheet
	2,155	847.39	—	—
	1,410	528.21	—	—
	87.99	313.93	—	—
	281.59	110.09	—	—
	379.05	76.98	—	—
	208.28	7.21	—	—
	473.77	77.29	—	—
	292.73	72.04	—	—
	758.29	206.98	—	—
	834.80	—	—	—
	365.91	—	—	—
	468.89	—	—	—
	808.47	—	—	—
Cash flow
	-73.13	113.10	—	—
	-185.57	-553.57	—	—
	697.80	394.43	—	—
	448.05	85.20	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q4 FY25	Q4 FY24
Income statement
	12.19	19.79	13.09	—	—	—
	0.75	2.01	1.56	—	—	—
	12.94	21.80	14.65	—	—	—
	15.49	24.46	10.25	—	—	—
	11.49	14.67	8.40	—	—	—
	0.01	3.37	0.42	—	—	—
	1.00	0.44	0.87	—	—	—
	0.65	0.69	0.71	—	—	—
	1.10	0.93	0.96	—	—	—
	0.86	1.88	1.05	—	—	—
	-2.54	-2.66	4.40	—	—	—
	0.00	0.00	0.00	—	—	—
	-2.54	-2.66	4.40	—	—	—
	0.37	-0.85	1.10	—	—	—
	-2.91	-1.81	3.30	—	—	—
	-0.13	-0.08	0.15	—	—	—
Key metrics
	-0.79	-1.04	6.07	—	—	—
	-6.50%	-5.30%	46.40%	—	—	—
	-23.90%	-9.10%	25.20%	—	—	—
	—	-0.40%	—	—	—	—

Metric	FY26	FY25	FY24	FY23
Income statement
	98.03	112.77	229.29	258.67
	7.58	9.20	3.79	0.64
	105.60	121.96	233.08	—
	96.25	115.03	229.13	250.98
	75.78	91.26	195.26	213.08
	10.87	6.14	9.01	18.48
	4.29	4.42	6.24	6.69
	2.58	1.98	2.67	2.58
	3.19	1.43	1.39	1.67
	5.08	9.53	12.18	—
	9.35	6.93	3.95	8.33
	0.00	-0.08	—	—
	9.35	6.85	3.95	8.32
	2.17	1.83	1.09	2.18
	7.18	5.02	2.87	6.15
	0.33	0.24	—	—
Key metrics
	15.12	10.26	8.01	12.57
	15.40%	9.10%	3.50%	4.90%
	7.30%	4.50%	1.30%	2.40%
	2.50%	2.00%	—	—
	-13.10%	-50.80%	-11.40%	—
	43.00%	74.90%	-53.30%	—
	-28.84	-19.45	—	—
	-0.06	-3.20	—	—
	0.12	—	—	—
	49.94	—	—	—
	93.3	129.3	—	—
Balance sheet
	544.04	482.81	—	—
	97.81	377.32	—	—
	1.92	311.98	—	—
	48.85	32.12	—	—
	15.05	22.46	—	—
	30.68	5.06	—	—
	33.85	8.78	—	—
	38.84	14.66	—	—
	60.16	43.95	—	—
	51.86	—	—	—
	17.61	—	—	—
	34.25	—	—	—
	441.86	—	—	—
Cash flow
	-0.41	-16.06	—	—
	-21.72	-372.69	—	—
	23.41	371.87	—	—
	28.43	3.39	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -27.63%
Sales CAGR 5Y: —
Profit CAGR 3Y: +5.30%
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Consolidated

Sales CAGR 3Y: +97.31%
Sales CAGR 5Y: —
Profit CAGR 3Y: +165.83%
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 66.08%

Quarter	September 2026	June 2026
Promoter %	66.08%	66.11%

Holder	Type	Holding	Previous	Change
MANISH GUPTA	Promoter	33.05%	33.06%	-0.01%
VIKAS JAIN	Promoter	32.90%	32.91%	-0.01%
SIDDHARTHA SHARMA	Public	1.45%	1.51%	-0.06%
MAHENDRA KUMAR JAIN	Promoter Group	0.07%	0.07%	0.00%
VIKAS JAIN HUF	Promoter Group	0.05%	0.05%	0.00%
MANISH GUPTA HUF	Promoter Group	0.01%	0.01%	0.00%
RAHUL GUPTA	Promoter Group	0.00%	0.01%	-0.01%
PRANSHU GUPTA	Promoter Group	0.00%	0.00%	0.00%
SACHIN GUPTA	Promoter Group	0.00%	0.00%	0.00%
NAVYA GUPTA	Promoter Group	0.00%	0.00%	0.00%
AKASH JAIN	Promoter Group	0.00%	0.00%	0.00%
SANTOSH JAIN	Promoter Group	0.00%	0.00%	0.00%
AVKASH JAIN	Promoter Group	0.00%	0.00%	0.00%
SANDEEP JAIN	Promoter Group	0.00%	0.00%	0.00%
SWETA AGARWAL	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
NTPC Limited	3,11,942	321.70	10.24	8.60%	+7.39% TTM	+24.83% TTM	-2.72%
Adani Green Energy Limited	2,27,492	1,381.10	101.15	6.50%	+20.93% TTM	-3.27% TTM	+27.18%
JSW Energy Limited	93,306	508.90	33.61	7.50%	+26.38% TTM	+24.37% TTM	-3.57%
NHPC Limited	78,803	78.45	18.47	4.10%	+12.02% TTM	+23.69% TTM	-6.72%
NTPC GREEN ENERGY LIMITED	70,335	83.47	107.08	2.90%	+49.22% TTM	+8.45% TTM	-16.90%
NLC India Limited	34,444	248.40	10.23	7.70%	+16.51% TTM	+45.49% TTM	-5.23%
ACME Solar Holdings Limited	29,745	420.80	39.35	7.10%	+53.70% TTM	+57.50% TTM	+53.60%
SJVN LIMITED	22,026	56.05	22.27	5.90%	+98.93% TTM	+77.73% TTM	-35.83%
NAVA LIMITED	14,821	523.10	15.24	11.10%	+8.98% TTM	-29.91% TTM	-13.93%
Clean Max Enviro Energy Solutions Limited	14,670	1,247.35	78.18	5.10%	—	—	—
Juniper Green Energy Limited	14,495	254.75	—	—	—	—	—
Vedanta Power Limited	13,991	35.78	—	—	—	—	—
Jaiprakash Power Ventures Limited	9,444	13.78	19.17	6.80%	+5.95% TTM	-33.67% TTM	-23.15%
Reliance Power Limited	7,618	18.42	-24.04	4.90%	+2.87% TTM	-110.25% TTM	-54.76%
GMR Power and Urban Infra Limited	7,362	94.26	-47.42	18.30%	+4.38% TTM	-118.75% TTM	-23.24%
KPI Green Energy Limited	5,854	296.15	11.89	11.10%	+40.01% TTM	+32.95% TTM	-44.35%
RattanIndia Power Limited	3,507	6.53	19.34	6.30%	-4.08% TTM	+111.80% TTM	-39.59%
Gujarat Industries Power Co. Ltd S	2,638	169.95	5.25	4.20%	+23.78% TTM	+150.02% TTM	-4.87%
Ujaas Energy Limited S	2,442	183.05	373.57	5.60%	-26.01% TTM	-3.52% TTM	+45.22%
INSOLATION ENERGY LIMITED	1,609	72.98	—	19.20%	—	—	-59.77%
K.P. Energy Limited	1,138	167.90	6.25	32.80%	+74.28% TTM	+48.57% TTM	-63.41%
Orient Green Power Company Limited	1,035	8.82	15.47	8.10%	-0.14% TTM	+16.17% TTM	-36.91%
GVK Power & Infrastructure Ltd	324	2.05	-55.06	-1,357.80%	-100.00% TTM	+99.25% TTM	-38.25%
Surana Telecom And Power Limited	206	15.18	6.81	11.50%	+140.45% TTM	+35.38% TTM	-28.97%
WAAREE TECHNOLOGIES LIMITED S	196	182.30	-46.98	-62.90%	—	—	-29.65%

Filings & corporate actions

Recent announcements

Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to informed you that Insolation Green Energy Private Limited, a wholly ....28 Oct 2026 · Company Update / General
We Submit herewith the confirmation Certificate received from Bigshare Service Private Limited, Registrar and Share Transfer Agent (RTA) pursuant to Regulation 74(5) of the SEBI (Depositories ....8 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find Enclosed Voting Results of 11th Annual General Meeting29 Sep 2026 · AGM/EGM / AGM
With reference to the captioned subject, we hereby inform you that the 11th Annual General Meeting ("AGM") of the Company was held on Monday, 28th September, 2026 at 03.00 P.M. (IST) through ....29 Sep 2026 · AGM/EGM / AGM
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure requirements) Regulations, 2015, as amended from time to time, we enclose ....28 Sep 2026 · AGM/EGM / AGM
Pursuant to regulation 30 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation, 2015, we would like to inform that the Nomination and Remuneration ....28 Sep 2026 · Company Update / Allotment of ESOP / ESPS
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, this is to inform that the Nomination and Remuneration ....28 Sep 2026 · Company Update / General
Pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that subject to the approval ....28 Sep 2026 · Company Update / Change in Management
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (the 'Listing Regulations'), as amended from time to time, we would like to inform ....28 Sep 2026 · Others / Outcome without intimation
This is to inform you that in accordance with the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015 as amended or any other law for the time being in force and code ....25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Regulation 30 read with Para A of Para A Schedule III of the SEBI (LODR) Regulation, 2015, as amended, we hereby enclose the copies of Newspaper Advertisemnet in respect of ....5 Sep 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements), Regulation, 2015, the Company is being sent letters to those shareholders whose e-mail IDs ....4 Sep 2026 · Company Update / General
Pursuant to Regulation 34(2)(f) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Business Responsibility ....4 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
In terms of the provisions of Regulation 34(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith ....4 Sep 2026 · Others / Reg. 34 (1) Annual Report
In terms of the provisions of Regulation 34(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find the enclosed herewith ....4 Sep 2026 · AGM/EGM / AGM
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (LODR) Regulations, 2015, as amended from time to time, and in compliance with MCA General Circular No. 03/2025 ....2 Sep 2026 · Company Update / Newspaper Publication
This is further to the disclosure dated 21st August, 2026, made by the Company. We wish to inform you that the representatives of the company participated in the non- deal Roadshow on 26th ....26 Aug 2026 · Company Update / Analyst / Investor Meet
Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we hereby thrilled to announce that Insolation Green Energy Private Limited, a ....24 Aug 2026 · Company Update / Award of Order / Receipt of Order
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that representatives of ....21 Aug 2026 · Company Update / Analyst / Investor Meet
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Investor Presentation ....21 Aug 2026 · Company Update / Investor Presentation
Pursuant to Regulation 47 and other applicable Regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith ....13 Aug 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Press Release on the Un-Audited Financial Results (Standalone ....13 Aug 2026 · Company Update / Press Release / Media Release
Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended, this is ....12 Aug 2026 · Company Update / General
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Nomination ....12 Aug 2026 · Company Update / Allotment of ESOP / ESPS
Re-appointment of Mr. Vikas Jain (DIN: 00812760) as Managing Director of the Company for a period of Five years w.e.f. 15th December, 2026, subject to the approval of the members of the ....12 Aug 2026 · Company Update / Change in Management
Re-appointment of Mr. Manish Gupta (DIN: 02917023) as Whole Time Director, designated as chairman of the Company for a period of Five Years w.e.f. 15th December, 2026, subject to the approval ....12 Aug 2026 · Company Update / Change in Management
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "Listing Regulations"), as amended from time to time, we would like to inform ....12 Aug 2026 · Result / Financial Results
Outcome of the Board Meeting for considering the Un-audited Financial Results (Standalone and Consolidated) of the Company for the Quarter ended 30th June, 2026.12 Aug 2026 · Board Meeting / Outcome of Board Meeting
Insolation Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 ....8 Aug 2026 · Board Meeting / Board Meeting
We submit herewith the confirmation certificate received from Bigshare Services Private Limited, Registrar and Share Transfer Agent (RTA) pursuant to Regulation 74(5) of SEBI (DP) Regulations, ....13 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are thrilled to announce that Insolation Green Energy Private Limited, a wholly ....9 Jul 2026 · Company Update / Award of Order / Receipt of Order
Pursuant to Regulation 44(3) of SEBI (LODR) Regulations, 2015 results on the business transacted through postal ballot notice dated 25th May, 2026 in the prescribed format is enclosed at ....4 Jul 2026 · AGM/EGM / Postal Ballot
Pursuant to regulation 44(3) of the SEBI (LODR) regulations, 2015 results on the business transacted through postal ballot notice dated 25th May, 2026 in the prescribed format is enclosed ....4 Jul 2026 · AGM/EGM / Postal Ballot
Pursuant to Regulation 30 read with Para A Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, we enclose herewith ....3 Jul 2026 · AGM/EGM / Postal Ballot
Pursuant to Regulation 30 read with the Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Obligations"), we hereby inform you that ....30 Jun 2026 · Company Update / Resignation of Director
Pursuant to Regulation 30 of the SEBI(LODR) 2015, read with Para B of Part A of Schedule III, we are pleased to inform you that the company has strategically approved the issuance of Corporate ....29 Jun 2026 · Company Update / General
This is to inform you that in accordance with the provision of SEBI (PIT) Regulations, 2015 as amended or any other law for time being in force and code of conduct and code of fair disclosure ....26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
This is further to the disclosure dated 08th June, 2026 made by the Company. We wish to inform you that the representatives of the company participated in the Analysts and Institutional ....23 Jun 2026 · Company Update / Analyst / Investor Meet
This is further to the disclosure dated 08th June, 2026 made by the Company. We wish to inform you that the Company representatives participated in the Analysts and Institutional Investor's ....11 Jun 2026 · Company Update / Analyst / Investor Meet
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that representatives of the Company ....8 Jun 2026 · Company Update / Analyst / Investor Meet

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.1000	16 Sep 2025	16 Sep 2025	—
Stock Split From Rs.10/- to Rs.1/-	24 Jan 2025	24 Jan 2025	—

Board meetings

12 Aug 2026 Board Meeting - Financial Results