INDOSOLAR

Indosolar Ltd.

NSE: INDOSOLAR

Sector: Capital Goods

Industry Group: Electrical Equipment

Industry: Heavy Electrical Equipment

274.85+0.2 (+0.07%)

26 Aug, 12:29 PM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

75.2 / 100

Value Score

68.8 / 100

Price Momentum Score

16.9 / 100

QVM Score

53.9 / 100

Key Metrics

Market Cap

1142.65

P/E (TTM)

6.87

P/B

3.98

P/S (TTM)

2.06

EV/EBITDA

4.48

CAPE (5Y)

ROE (TTM)

150.63

ROCE (TTM)

123.00

ROA (TTM)

84.28

Avg 3Y ROE

Earnings 3Y CAGR

-30.74

Sales 3Y CAGR

Sales 5Y CAGR

Debt/Equity

0.01

Consensus TP

Strong Buy %

Promoter Holding

74.93

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Indosolar Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Stock is cheap and PE TTM is at a discount to industry median

PE TTM of 6.87 indicates that the stock is cheap on a standalone basis. Discount to industry median P/E is decent at -78.88%

What is P/E Ratio?

Median: 32.53

Value 6.87

6.87150.25

High and improving operating margin

The company reported strong operating margin of 39.31% for 12-month ended 30 Jun 2026 and operating margin improved by 1542 bps from 1 year ago

What is Operating profit margin?

Low and declining Debt to Equity

The company has low Debt to Equity of 0.01 as on 30 Jun 2026 and Debt to Equity decreased by 1.23 in the last 1 year

What is Debt to Equity?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Weak price momentum

Price Momentum score of 16.9 indicates that the stock has weak price momentum. Research has shown that stocks with lower momentum continue to underperform in the near term

What is Price Momentum score?

16.9 / 100

Low revenue growth and lower than median growth of industry

The company delivered moderate revenue growth of 6.74% for 12-month ended 30 Jun 2026 and the growth was 11.99 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 18.73

Value 6.74

-31.52730.96

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -5.78% for 12-month ended 30 Jun 2026 and the growth was 21.38 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

High ROE but declining trend

The company reported strong ROE of 150.63% for 12-month ended 30 Jun 2026 but ROE declined by -27001 bps from 1 year ago

What is ROE (FY)?

Company's earnings are of moderate quality

Earnings quality score of 40.9 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

40.9 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Indosolar Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Indosolar Ltd. Shareholding Pattern

Quarterly breakdown of Indosolar Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	56.90	56.90	56.90	56.90	56.90	56.90	56.90	56.90	56.90	96.15	96.15	96.15	96.15	96.15	96.15	96.15	96.15	96.15	96.15	96.15	96.15	95.00	74.93	74.93	74.93	74.93
Indian Promoter	36.89	36.89	36.89	36.89	36.89	36.89	36.89	36.89	36.89	96.15	96.15	96.15	96.15	96.15	96.15	96.15	96.15	96.15	96.15	96.15	96.15	95.00	74.93	74.93	74.93	74.93
Foreign Promoter	20.01	20.01	20.01	20.01	20.01	20.01	20.01	20.01	20.01	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	4.25	4.25	1.88	1.37	1.36	1.31	1.31	1.31	1.31	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.06	0.59	0.60	0.67	0.61
Mutual Funds / UTI	-	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FI/Bank/Insurance	4.20	4.20	1.83	1.32	1.31	1.31	1.31	1.31	1.31	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.05	0.05	0.05	0.05	0.05
Govt	-	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.05	0.05	0.05	0.05	0.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.53	0.53	0.55	0.54
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.08	0.01
Non-Institution	38.85	38.85	41.22	41.73	41.74	41.79	41.79	41.79	41.79	3.85	3.85	3.85	3.85	3.85	3.85	3.85	3.85	3.85	3.85	3.85	3.85	4.94	24.49	24.48	24.39	24.47
Bodies Corporate	2.60	2.37	2.19	2.08	1.97	1.94	1.76	1.76	1.78	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.27	6.16	4.91	3.99	4.04
Others (incl. Retail) No. of shareholders	36.25 57,082	36.48 56,556	39.03 56,915	39.65 56,578	39.77 56,314	39.85 56,058	40.03 56,219	40.03 55,863	40.01 56,538	3.69 60,663	3.69 60,663	3.69 60,663	3.69 60,663	3.69 60,663	3.69 60,663	3.69 60,663	3.69 60,663	3.69 60,663	3.69 60,663	3.69 60,663	3.69 60,663	4.67 72,805	18.33 74,708	19.57 72,488	20.40 71,759	20.43 72,510

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Indosolar Ltd. shares as reported to NSE and BSE.

No bulk, block or insider trade data available.

No corporate action data available.

Company Profile

Overview of Indosolar Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Indosolar Limited is an India-based photovoltaic (PV) solar cell manufacturer, which is engaged in producing solar cell and modules. The Company provides PV modules for residential, commercial and utility-scale installations. The Companys super solar solutions include residential rooftop systems for...

Key personnel

Mr. Abhishek Pareek

Chief Financial Officer

Ms. Akalpita Harnish Patel

Compliance Officer, Company Secretary

Mr. Hitesh Chimanlal Doshi

Managing Director

V. M. Joshi

Vice President - North India Operations

Bhushan Kumar GuptaD

Executive Chairman of the Board

Dr. Jignesh Devchandbhai RathodD

Chief Executive Officer, Director

Mr. Hulas Rahul GuptaD

Managing Director, Executive Director

Mr. Viren Chimanlal DoshiD

Additional Non-Executive Director

View all

Incorporated on

08 Apr 2005

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

IPO date

29 Sep 2010

Free Float

98,68,686

Website

https://www.indosolar.co.in/

Phone no.

+911204762500

Address

UNIT NO. 301, 3RD FLOOR, BUILDING 02, SOUTHERN PARK, SAKET,, SOUTH DELHI, , 110017, India

Frequently Asked Questions

What is the current share price of Indosolar Ltd.?

The current share price of Indosolar Ltd. is ₹ 274.85 as of 26 Aug 2026.

What is the market capitalisation of Indosolar Ltd.?

The market capitalisation of Indosolar Ltd. stands at ₹ 1,142.65 Cr.

What is the PE ratio of Indosolar Ltd.?

The Price-to-Earnings (PE) ratio of Indosolar Ltd. is 6.87 as of the latest trailing twelve months data.

What is the ROE and ROCE of Indosolar Ltd.?

Indosolar Ltd. has a Return on Equity (ROE) of 150.63% and a Return on Capital Employed (ROCE) of 123.00% as per the latest financial reports.

What is the 52-week high and low of Indosolar Ltd.?

The 52-week high of Indosolar Ltd. is - and the 52-week low is -.

What is the dividend yield of Indosolar Ltd.?

The dividend yield of Indosolar Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Indosolar Ltd.?

Foreign Institutional Investors (FII) hold 0.54%, Domestic Institutional Investors (DII) hold 0.05% and retail/public investors hold 20.43% of Indosolar Ltd. shares.

What sector does Indosolar Ltd. belong to?

Indosolar Ltd. operates in the Capital Goods sector.

What is the beta of Indosolar Ltd.?

The beta of Indosolar Ltd. is 0.78, indicating its price volatility relative to the broader market. Over the past 1 year, Indosolar Ltd. has delivered an absolute return of -23.75%.

What is the RSI of Indosolar Ltd.?

The 14-day Relative Strength Index (RSI) of Indosolar Ltd. is 26.84, placing it in the oversold zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Indosolar Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Indosolar Ltd. Shareholding Pattern

Bulk, Block and Insider Trades

Company Profile

Frequently Asked Questions

Stock Analysis

Company Profile